Cypress Villages

Yes. You can do that one of several ways:

* build a home on each lot (use it for rentals or relatives)

* purchase lots from LGDC

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Yes. Phase I land will provide commercial services to
Cypress Villages and surrounding communities. Development is planned
for retail, offices, warehouse, restaurants, fuel services, food retailers, and a
motel/hotel.  This is in the SE corner.  You may contact Joel Hirshberg at Green Building Supply for more information, or, Dan Walker at 641-469-5900.

Multi-family lots and units are available in the residential areas. Please contact a CV representative for opportunities.

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Yes.  Your title and conveyance will be a Warranty Deed subject to typical utility easements and rights-of-way.

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Now we are building homes, apartments and condominiums.  The
minimum down payment with a contract on a lot or home is 10% of the
sale value.  If you have qualified as a buyer, we will then handle
all the Construction Loan financing, and your lender will take over at
the point of substantial completion.

For those
persons who paid $2,500 as Earnest Money, this money is still held in a
fully refundable interest bearing Escrow account.  It is fully
refundable up to the point a contract for building your home or
commercial building is completed. The $2,500 Earnest Money will be applied to construction costs when your home is built.

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Land and homes at Cypress Villages subdivision will have taxes lower
than either Fairfield or Maharishi Vedic City.  They are the same
as for county residents.  Specific questions on Taxes will have to
be answered by the Jefferson County Tax Assessor, your attorney or
accountant.

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Yes, just contact LGDC.  You can earn interest on your investment
used for Infrastructure, or you can invest in a single or multi-family
home, for re-sale or rental.

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LGDC homes will have a 3-way guarantee of quality: 1. They will be
Maharishi Sthapatya Veda (MSV) design compliant 2. They will meet or
exceed the 2006 International Residential Code standards 3. New home
warranties will be available.

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Our mark-ups and raw costs are the lowest in the county.  We
use low General Contractor mark-ups (5% profit and 8% overhead) which
qualifies you, our home buyers, for the lowest possible MSV fees (5%
royalty and 5% design consulation).

We have
organized for raw land, labor efficiency, purchase of materials,
finance costs, design costs and project management to achieve the
lowest possible costs for homeowners.

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Yes. There are many reported benefits from living in MSV housing and
subdivisions. There is a proven market value for homes of MSV
construction in Jefferson County.

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Click here to view the PDF of our CC&R's

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There will be sufficient power for any home or business need. Our
project will incorporate standard electric supply by Alliant Electric
Company.  On the sustainable side, our homes are designed to be
70% more energy efficient than standard homes meeting Model Energy
Codes! We also offset utility usage through Photo-Voltaic panels on
most homes, and a community wide wind generation system is planned. The
final result is that we should achieve Net-Zero usage of electricity,
and no natural gas.

Note that many communities that
are "off the grid" only mean off the electrical grid.  Propane gas
is used for approximately 75% of BTU's in rural homes, supplying energy
for the Furnace, Water Heater, Stove and Clothes Dryer.  These
costs are increasing each year.  Cypress Villages homes are
designed to be completely economical, with clean indoor-air, with
all-electric buildings that will soon be Net-Zero.

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July 25th, Pre-sales began.

October, 2007, Grading and roads began.

June 2008, first scheduled homes completed.

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Attorneys for Maharishi Vedic City, Jefferson County and the City of
Fairfield have studied possible annexation of Cypress Villages into
MVC, and all agree that it will be extremely difficult. The entire 167
units designed for Cypress Villages has Preliminary Subdivision
approval by Jefferson County, and we have received Final approval for
Phases I and II. 

Taxes for Cypress Villages
will be the lowest in the county, and services will be provided by
both  the Homeowner's Association and agreements with Fairfield
and Jefferson County.

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We feel very strongly that the location of Cypress Villages is
excellent. The boundaries of two paved roads are excellent for all
weather access, and both Maharishi Vedic City and Fairfield are close.
The land is beautiful, and the noise from roads and the airport are
minimal.  The planes are mostly "light and quiet". The
small jets and the lighter aircraft use an approach that does not take
them over the Cypress Villages Land. They are not required to blow
their horns like the trains do around Fairfield!

Airport expansion is unlikely for many reasons.
The airport currently runs a deficit each year and will continue to for
many more to come. Since the by-pass to the Ottumwa area airport is
being completed next year, we will be able to commute there in less
than 25 minutes. Theirs is an airport already capable of handling
regional commercial carriers. It would be a huge expense for Fairfield
to upgrade to the same. Lastly, many predict that airlines are a
diminishing industry, not growing, because airplanes are the least
efficient way to travel on the planet, using more gallons of gasoline
per passenger mile than any other form of transportation.
We remain committed to the success of this location.

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There are no "large" livestock operations for a significant distance on
any
side of Cypress Villages, nor are there any planned.
The farm between Cypress Villages and Abundance Ecovillages does not
have hogs, but rather an approximately 200 head cattle
feeding operation. There is odor for a month or so a year at the SE
corner in the commercial area, but this is a problem we think we will
be
eliminated in time.
The prevailing winds are from the Northwest most of the year, and
Maharishi
Vedic City is that direction for Cypress Villages, and we get no odors.
The cattle smell is cyclical, seasonal and wind sensitive. We have
noticed that we can smell the cattle at the corner of Highway One and
Airport road sometimes, but by going up to the turn-in for Cypress
Villages and going onto the land, the smell almost always has
disappeared.
People at EcoVillage have told us there is very seldom a noticeable
smell, but we still want to work together and go to the farmer and look
for
solutions. Our designer thinks that there may be a technical solution,
in that the farmer may be able to utilize a Methane Digester or similar
processor to put the waste to good use. See
http://www.iowadnr.com/energy/renewable/methane.html.
We also think that he will soon see that it is a simple matter of
property
values: his land will increase in value if he works as a neighbor to be
odor-friendly. We have met this farmer several times, and believe he is
interested in good long term relations as long as his livelihood is
maintained.

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