Page 101 - (A) Mammoth (998pp)

From: Mitre House Management Ltd studio@graffiti.biz Subject: Re: Mitre House etc_3
Date: 1 May 2014 18:34
To: MHillgarth@GMail.com
Bcc: Karupiah Segar segar_9@hotmail.com, Raby Lorna lornaraby@mac.com
Dear Michele -
Thank you for replies - but we're simply back to the same disagreements and no amount of talking will fix that - quite happy to meet but not on Mitre House business!
The Mitre House disagreements are:
1_ to do EXTERNALS next year as opposed to 1st September along with Internals.
2_ to adopt WADE's top line INTERNALS and everybody (all 9 lessees) agrees to pay £5369.55 by July 1st
Consequently, why don't you send an email to ALL lessees with the following question(s).... and by the responses we might get a final firm decision, but the request to ALL lessees must come from you as opposed to me for obvious reasons...! They are your preferences, so let's see who else agrees and most importantly puts their money where their mouths are!
Dear All Lessees,
To finalise the scheduled Internals & Externals please email me back with your firm confirmed confirmation (or NOT) to one of the following:
A_ to adopt WADE DESIGN PARTNERS's 23 January 2013 INTERNALS quote totalling £51,647.76 including VAT which will require ALL nine lessees agreeing to pay an additional £5369. 55 into Reserves by latest 1st July
this year. Both Internals & Externals will then commence as scheduled on 1st September this year.
B_ to proceed with (A) above BUT with no requirement to add to Reserves, and to delay the EXTERNALS until next year 2015. By doing so, the next five Quarterly Demands (June, September, December 2014, and March and June 2015) will rise from £650 per quarter to £1,975 per quarter. (Michele, see Notes below). That is a Total outlay over the next five Quarters per Lessee of £9,875 as opposed to date of £3,250 (ie an additional £6650 per Lessee to
cover the Externals in 2015 - conservatively approximated at £78,468. 80 incl Vat - with the balance due to Externals contractor to be paid from the residue of the Reserves once the Internals have been paid for in 2014.
Answers please within 7 days as we have to make a final decision on receipt of Wade's full quote/tender for both Internals/Externals on 15 May.
That's it, Michele - can't be fairer than that and in truth there can be no further discussions as these are the only two alternative arguments over and above Management proceeding as scheduled on 1st September using available reserve funds and staying within affordable budget for Internals.
We have to sign contracts with one contractor by 31st May, and once signed and deposits/fees etc paid, there's no turning back.
Note:
i) I have purposely raised this from £1,724 to £1,975 as we would have to take into account inflation, a revised set of EXTERNAL Quotes (all at present expire on 31st July) and most importantly having some spare Reserves for other matters needing attention at Mitre House between now and September next year.
ii) By delaying yet another year, Freeholder permission or not (no chance anyway) - if anybody slips on the fire escape, or a door falls off and injures someone, or a brick falls from the roof - you, me, Jamil and Segar will end up in the Bastille followed by a guillotining at La Place de la Concorde - so beware!
iii) I appreciate that Wade might come in with a cheaper EXTERNALS quote than £78,468. 80 incl Vat (including fees) in which case some amounts above can be slightly adjusted, but any