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And just so there can be NO argument over available funds in RESERVES, I can confirm that INCLUD- ING THE SEPTEMBER QUARTER, (ie after works commence) we will have £98,262.75 available (YE Accounts 31/12/13 had £92,700, plus 4 Quarters in 2014 totalling £2700 x 4 (£10,800) but LESS Sur- veyor's Invoices (attached) x 2 totalling £5237.35).
WADE's Internals/Externals quote is double what we have in the bank. Our cheapest Internals/Externals quote (A & R Lawrence) is (almost) exactly what we have in the bank....but as we have already indicated, that small over-budget can be fixed! WADE's other alternative Internals quote of £60,000 is even more extensive and unaffordable and as previously stated, I'm still not sure which you are still insisting on using (the full very extensive works in the £60,000 or the slightly lesser works in their recent Internals/Ex- ternals quote....), let me know please.
I've NOT copied this to your fellow lessees, including Flat 9 who seem, like you, incapable of understand- ing what Management have been saying for well over a year regarding making sensible housekeeping economies and exactly how much money we have in the bank to spend without having to do an Oliver Twist, and ask Lessees for more! But if you wish to forward to them, I have no objection.
I would insist again that Flats 1, 3, 4 and 8 make comment (especially 4 and 8) as I cannot believe for one moment that they agree to your's and Flat 9's ideas and comments, but if they do, let them confirm to you in email/writing before our meeting that they are willing to contribute approx £12,210 or £13,320 ei- ther this year or next to adopt WADE as preferred contractor for Internals/Externals given the facts as presented.
And seeing as you appear to be utilising Steve Brown at Scots Group as your advisor, I am also copying him in as I sincerely hope he too might confirm our thinking as being quite correct and help explain to you the veracity of our approach to financing these works.
Finally, I am deeply embarrassed by the fact that the battle is somewhat unfair given your status as a lady director versus three fellah directors, who have tried unsuccessfully to run Mitre House Management Limited with your assistance from day one. As is well documented, you have not been a team player and have, as far as I can recall, disagreed with every decision, idea, commitment and comment made, cer- tainly by myself, and indeed your other fellow directors, culminating as it did in you leading an RTM against your own company.
And you don't even live at Mitre House, nor indeed do any of your fellow (majority) conspirators, whereas some of us do, and we that do have as much, if not more, interest in Mitre House's decor and upkeep and the ongoing added value it brings to the marketability of our properties, which sadly last quarter only saw a miserly 3.2% increase in Chelsea values as opposed to 12.8% in ruddy Marylebone and Isling- ton...even Knightsbridge is only 3% up.
We're all facing ruin. Comments to all above please by this evening so the meeting can proceed on schedule and be finished by Bank Holiday Monday lunchtime. (Folder_00 Item_82)
On 23 May 2014 Mrs Hillgarth attended a board meeting at “PBC’s” Flat 7.
Amongst various items discussed and perused (the Minutes are attached in Folder_00_83) for verification. One important and relevant event is recorded as such: “MH” wanted to review the quotation from AR Lawrence with that from Wade Design and “PBC” obliged with both submis- sions. “MH” proceeded to review and compare the quotes from AR Lawrence and Wade Design to ensure that they were both quoting for the same exact works and specifications [in our view a perfectly valid appraisal seeing as Wade’s quote was £219,000 incl. vat and fees whereas AR Lawrence quote was £105,019 incl. vat and fees for the exact same work]. “MH” was satisfied that the quotations were identical and agreed that the works be allocated to AR Lawrence being the lowest bidder.


































































































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