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About Eugene weekly. (Eugene, Oregon) 1993-current | View Entire Issue (Dec. 8, 2016)
NEWS Sexual Assault Support Services BY CAMILLA MORTENSEN SASS Servicios de Apoyo Contra el Abuso Sexual VOLUNTEER TRAINING ‘It’s going to take a bit of a Hail Mary.’ — SCOTT LANDFIELD,TSUNAMI BOOKS Begins January 9th Ornaments, Jewelry, Scarves & Clothing all make Wonderful Holiday Gifts! Please apply online at sass-lane.org or call (541) 484-9791 ext. 317 18th & Willamette • Meridian Bldg. Eugene, Oregon (541) 431-3411 SCOTT LANDFIELD OF TSUNAMI BOOKS WANTS TO KEEP HIS BOOKSTORE ALIVE PHOTO: TRASK BEDORTHA CAN TSUNAMI STAY OPEN ON WILLAMETTE? A fter 21 years in business at its 2585 Willamette Street location, Tsunami Books is hoping it can hang on for another 20. But it’s going to take a bit of a Hail Mary, Tsunami proprietor Scott Landfield says. Previously, Landfield says, he thought that when the lease runs out in July it was over for the longtime bookstore and venue. But now he says a recent phone call with the property owner, Morgan Dollar LLC, has given him hope he can raise the funds to stay. Landfield expects his $4,000 a month rent to more than double. He says he’s trying to pull together some angels (“whatever that means”) to help fund the bookstore in the com- ing years. Angel investors typically invest in early stage or start-up companies in exchange for an equity ownership interest. In Tsunami’s case, the angels would be investing in a longtime Eugene institution. “I’m trying to pull together people who don’t want to donate to the Ducks or OCT [Oregon Contemporary Theatre] or the symphony,” Landfield says. “It’s kind of seat-of- the-pants before Christmas,” he adds. He says he’s tried crowdfunding before and is looking to the Oregon Intrastate Offering Exemption rules that kicked in on Jan. 15, 2015, as part of the plan. Under the OIO exemp- tion, Oregon-based businesses can raise up to $250,000 from fellow Oregonians. Tsunami is a closely held neighborhood shareholder corporation, Landfield says, with 45 shareholders. And that’s also a way to bring other people in. And as long as he’s bringing other people in, Landfield, who is 63, is hoping to find another co-owner for the bookstore. “Young energy,” he says of his hopes for a partner. He says Tsunami, as a bookstore and community center, was originally conceived as a two- person operation. “People keep saying, ‘Tsunami can’t close, they will step up,’” Landfield says, and people have identified themselves as angels. “I don’t want to close,” Landfield says. Want to get involved? Contact Landfield at tsunami@oupsnet.com or follow his efforts at facebook.com/tsunamibookseugene. #MyGoodLifeGoal: find the perfect tone I fell in love with this guitar on the fi rst strum. So I bought it right on the spot thanks to my SELCO Platinum Visa® credit card. The card’s great rate, security features, and no annual or cash advance fees give me the purchasing power I need, when I need it. selco.org • 800-445-4483 • Branches throughout Eugene and Springfield Banking | Mortgages | Insurance | Investments | Business Lending Membership requirements apply. See SELCO for details. NMLS#402847 eugeneweekly.com • December 8, 2016 9
