← 85-104 Alawa Pl, Waianae, HI 96792 · All properties

ALAWA-DAO-SETTLEMENT-AND-LOAN-FALLBACK-PROPOSAL-2026-06-26 - 85-104 Alawa Pl, Waianae, HI 96792.docx

This page is a searchable text preview. Use the Dropbox link for the full original file.

Open full file in Dropbox

What This File Appears To Be

85-104 Alawa DAO Governance Proposal - Explicit Request for $15,000 EARLDAO Evergreen Line of Credit and Equity Settlement Option Audience: Members of Poodle LFTY0452 DAO LLC, the 85-104 Alawa DAO Property: 85-104 Alawa Pl, Waianae, HI 96792 Counterparty: Ecosystems Asset Recovery Lending DAO LLC (EARLDAO) Effective Date Authorized: July 1, 2025, with actual signature dates shown at execution Status: Draft - pending 85-104 Alawa DAO review and vote Purpose This is the borrower/property DAO appro

Text Preview

85-104 Alawa DAO Governance Proposal - Explicit Request for $15,000 EARLDAO Evergreen Line of Credit and Equity Settlement Option Audience: Members of Poodle LFTY0452 DAO LLC, the 85-104 Alawa DAO Property: 85-104 Alawa Pl, Waianae, HI 96792 Counterparty: Ecosystems Asset Recovery Lending DAO LLC (EARLDAO) Effective Date Authorized: July 1, 2025, with actual signature dates shown at execution Status: Draft - pending 85-104 Alawa DAO review and vote Purpose This is the borrower/property DAO approval and explicit request to EARLDAO. The EARLDAO loan / line of credit does not yet exist; this proposal requests that EARLDAO approve, offer, and fund an evergreen revolving line of credit for the 85-104 Alawa DAO, with a maximum committed principal limit of $15,000.00, for the purpose of settling current property cash deficits, unpaid accruals, sewer back payments, the sewer line repair reserve, and future property cash deficits or approved reserves within that limit. It is not the EARLDAO lender approval; that matching approval is a separate EARLDAO proposal. Financial Calculation Metric Value Calculation as of 2026-06-26 ECO GL cash deficit $6,495.20 Negative-balance carrying charge on/after July 1, 2025 $19.69 Unposted June 2026 PM fee accrual $500.18 Daniel Murrey furnishing loan payoff Paid off / excluded Sewer loan full payoff Not included Sewer loan back payments $2,000.00 Sewer line repair reserve $3,500.00 Formalized EARLDAO loan base before origination fee $12,515.07 2% origination fee $250.30 Initial draw / funded amount $12,765.37 Evergreen line of credit limit $15,000.00 Remaining availability after initial draw $2,234.63 Borrower DAO Authorization Explicitly request that EARLDAO approve, offer, and fund an evergreen revolving line of credit for the 85-104 Alawa DAO with a $15,000.00 maximum committed principal limit. Authorize an initial draw of $12,765.37, inclusive of the 2% origination fee, under that line of credit. Authorize EARLDAO line-of-credit proceeds to settle the ECO GL cash deficit, June PM fee accrual, $2,000 sewer loan back payments, and a $3,500 sewer line repair reserve listed above. Authorize future draws and re-borrowings within the $15,000.00 limit for documented property cash deficits, approved reserves, carrying costs, or other 85-104 Alawa DAO obligations, subject to EARLDAO funding availability and ordinary servicing records. Exclude the Daniel Murrey furnishing loan payoff because it is already paid off. Exclude full sewer loan payoff because the sewer loan does not need payoff yet. Authorize an alternative negotiated settlement by issuing dilutive equity to EARLDAO in satisfaction of the approved base obligation of $12,515.07, subject to final valuation and cap-table documentation. Authorize loan documentation to be effective as of July 1, 2025 solely to memorialize the economics approved by the DAO, provided final documents show actual execution dates and do not misstate when signatures occurred. Authorize ECO Systems, LLC and Lofty AI, Inc. to administer records, payment routing, payoff coordination, and member reporting. Voting Options APPROVE - explicitly request and authorize the EARLDAO evergreen line of credit and equity settlement option. APPROVE WITH MODIFICATIONS - approve subject to specified changes to amount, valuation, timing, or documentation. REJECT - reject the settlement and require a revised borrower-DAO proposal. ABSTAIN - no position. Required Matching Action A separate EARLDAO lender-side proposal should accept the 85-104 Alawa DAO request and authorize EARLDAO to make the evergreen line of credit official and/or accept the equity settlement option on matching terms.