CIP 3 Authorize CityDAO to acquire a parcel of land

Summary

This proposal authorizes CityDAO to place an offer of up to $125,000 (up to approx 38% of the CityDAO treasury) on a parcel of land.

Over the last few weeks, we have been discussing optimal criteria for selecting a land parcel. This included distance to an airport, maximizing freedom of zoning, ease of access via road, and available resources like water and power.

Resources

We have debated different options and have an ongoing discussion in Discourse. https://forum.citydao.io/t/land-selection-discussion/15

Summaries, listing info, and virtual tours of our top parcels: https://citydao.notion.site/Parcel-0-Selection-Parcels-e25f25978d094ff5b15021eb4ddf425b

Caveats

The ability to use land may be limited by Wyoming state law, Clark County law, and CityDAO.

Further decisions are needed around mechanisms for land tokenization (lease, easements, etc) and will be decided in separate proposals.

CityDAO is operating in a legally novel zone and is a risky project.

Options

The proposed options are

1 - 226 Overland

2 - TBD Louis L'amour

3 - Parcel 6

4 - Reject

CIP 3 Authorize CityDAO to acquire a parcel of land

Summary

Resources

Caveats

Options

Outcomes