After more than 30 years of trying it looks like the selling of a
portion of our land for development is finally reaching a conclusion.
You may also be aware that a dispute between ourselves and
the developer appears to be now resolved in that the retained land will be leased to the developers for the
duration of the development then revert to Association control.
This
is necessary to enable the redevelopment and partition of the land, therefore
all our shareholders working the land and renters will have received a
notice to quit from our solicitors Nelsons to vacate by 6th April
2016.
So the
land sale is progressing and shareholders will be updated when more concrete
information becomes available. Please keep your questions for the AGM.
As usual though if you have questions re shareholdings etc. please contact the Secretary.
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