> What will make the LLC strategy any different from our burnt out operating body?

My understanding is the LLC is a legal entity to protect the donors who would donate $900k to keep Omni in the current location. The LLC would be given a guarantee that if Omni defaults on loan repayments, the LLC could legally recover losses through the sale of the building. The LLC is not to manage Omni Commons, which would be done by current leadership.

Quick correction: there are NO donations involved in the LLC plan. It's just a way to bundle a bunch of personal loans. Essentially, the LLC would take over the role of Mulberry Trust, and people paying into the LLC would expect to be paid back over time. 

Advantages of the LLC over Mulberry is that we can set the terms of the loan right now (e.g. no massive balloon payment!). And at least we would know a few of the folks in the LLC, even if some of the other lenders do prefer to remain anonymous.

Patrik