Re:

outline , yes i still own it but do not use it very much

Jeffrey,

I am excited. I think there is potential for you to get a large tax deduction and for both of us to have a lot of fun while we are doing great work to advance the public school system in our country. To put my cards on the table, I want you to understand I want no profit from this master planned community. I will work for no compensation, but reimbursable expenses until it becomes real. Then, I would hope to have modest compensation from the non-profit developer. The key to be able to build a school from scratch is having the huge profits normally made by a master planned community developer and using that money to build the capital expenditures in the early years.

By Thursday, I will send you a general outline of what I propose that we consider. In general, the concept is to use the state laws of New Mexico to form a new town on Zorro Ranch. The new town would create a new school system which will follow the state mandate and get the $9,752 per child from the state, but also we could tax its citizens an additional $5,000 to $10,000 in real estate taxes per house to go to the school system. Perhaps more importantly, we probably can enroll the guidance of the substantial non-profit educational groups that have been, for years, outlining better ways to teach. For example, the Bill and Melinda Gates Foundation invested $4 billion to document how a child can learn best.

The efficiency of building an educational system from the ground up has enormous potential savings. For example, my mother, in 1921, moved to Stroud, Oklahoma to teach fourth grade in a school where my father was a high school principal, teacher, and football coach. If they came back to Stroud today, they would find they could step into the fourth grade and the high school classes with only a minimal adjustment. Try to think of any substantial institution that is basically the same as it was 100 years ago.

Obviously, the town does not necessarily require the whole ranch and you should preserve, for your enjoyment, those parts that are important to you. I will outline what I think needs to be done now in my memorandum on Thursday.

Jerry

sorry, children projects , not realisitc=with my google . though i appreicaite the idea