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Post by JohnInglisIsGod on Mar 31, 2010 12:36:48 GMT
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Post by wuffer on Mar 31, 2010 14:26:10 GMT
Am I thick but hasn't the density gone down.Surely some further adjustment to the price is coming, apart from the objections from highways and possibly SMD. Don't want to be a spoilsport and would like some finality but is this project still going anywhere?
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pedant
Squad Member
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Post by pedant on Mar 31, 2010 14:34:32 GMT
Down to 84 dwellings now, so a price adjustment could be in the offing.
Also the recommendation is just the officer's view and the Councillors will have the final say, taking into account the objections that have been lodged and the comments that have been made.
To be honest I am more concerned about the progress of the application to develop Nunnery Way. The last documentation I saw in relation to this was a letter to St Modwen from a Senior Planning Official that completely slated the proposals and gave the distinct impression that St Modwen's grand plans for Nunnery Way were dead in the water.
Has anything changed? Is there any idea when the Council will determine the application for Nunnery Way?
What happens now if it is (as expected) refused?
As far as I can tell we will have sold SGL and will have about a year and about £1.5m (max) to find somewhere to play our football.
That is why the club is screwed and that is why Dave Boddy, David Hallmark and all their little idiot friends who voted with them to sign these contracts (I am looking at you Partridge, Prescott, Lancaster et al) should hang their heads in shame.
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Deleted
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Post by Deleted on Mar 31, 2010 16:07:00 GMT
We will have to sell SGL, this deal has to be done regardless.
and I agree with you pedant, we will have £1.5 million possibly, although probably a lot less for various reasons to do with cash flow (I don't believe we will get all the money at once, and we will still have zero operating capital - remember this is the club that managed to still operate at a loss when the interest on the debt was frozen!) to build a new ground, and to operate from a new ground.
Still, Boddy explained to one of his creepy-crawly bumlickers that the overage deal at SGL will bring the revenue back up to the original £7 million!! and he believes him! Do you really think that Careys are going to give WCFC over £40k for every house they sell??? I think Jims figures of around £3-400,000 is probably a good optimistic stab at what overage could be gained in overage, possibly, after all it could be nothing if they have to discount the prices.
Sign the documents asap Anthony!!
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Post by andy on Mar 31, 2010 17:52:57 GMT
If you're referring to me, Jem, I said at the time that a note in minutes made available on the City website referred to the sale price being the 3.5 million plus an overage. On that day, I spoke to Jim Panter about what that equate to. Jim explained that it was 50% of profit over and above a figure which may have been of the order of 200 pounds per sq ft (though the threshold was unclear). On that day, I spoke to Jim Panter to enquire what that might be, and Jim indicated that it may be perhaps of the order of 0.5 - 1m, ie get some way closer towards the original sale price, but not near the originally agreed sale price. But he could not be specific, as to the value as he had not done the calculations. You had also indicated to me that it could also be nothing, which I also accepted.
I take it therefore that you refer to someone else.
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Deleted
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Post by Deleted on Mar 31, 2010 19:03:15 GMT
andy, I've got no idea what you're on about, and no idea what you are talking about in your post either! Jim provided the estimates for overage in the documents given out at the public meeting at the cricket ground!!
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Deleted
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Post by Deleted on Apr 1, 2010 8:36:08 GMT
Andy, at Maidenhead last season, you told me you had seen definite proof from Boddy that the ground sale to Carey's and the move to NW was the secure and financially sound way we had to go. At the time these details were too secret to "tell the public" i.e. me. Perhaps now you can enlighten us?
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Deleted
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Post by Deleted on Apr 1, 2010 10:51:21 GMT
Aha, thats why andy was so defensive!! I thought it was odd that he should come on here after so long just to say "it wasn't me!!" when nobody had said that it was.
But now that this is in the light, what did Boddy say to you andy? what was this definite proof? If there is definite proof that this is all secure, then there is no reason now why the public shouldnt know??
Please do enlighten us, actually you should enlighten Anthony and Jim because they can't see it either!!!
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