Hi all

I’m planning to come to the meeting, Anne.

I’ve been to a broker who knows which banks will lend to someone on the supported living allowance and did not seem phased by the co-housing idea – but she hasn’t submitted the documents to the bank (Westpac) yet! I feel overwhelmed by the detail regarding the covenant but will try at least to follow the discussion.

See you all then.

Claire

P.S. Sara, if you do bring Amelia, I would love to see her. I miss children in my life. Guess it’s a long time for her to wait around though.

From: Ucol-shareholders <ucol-shareholders-bounces@list.king.net.nz> On Behalf Of Anne Thomson
Sent: Saturday, 19 December 2020 11:07 PM
To: UCOL shareholders <ucol-shareholders@list.king.net.nz>
Subject: [Ucol-shareholders] Discussion re. mortgages

Hi all,

The directors, Maria and Rainer had a conference call with Stephen Edge yesterday to clarify the possible next steps to make it possible for UCOL shareholders to get mortgages to settle their unit purchases.

Attached are notes of that meeting.

You are invited to 25 Pacific St on Monday 21 December at 7,30pm, particularly if you are in this position personally, to discuss what has been happening, to share the information people have gathered from their various sources, particularly with banks, and to think about how we work through this. Earlier on Monday, at 2pm,there will be a meeting with Simon Milne, from McMillan & Co

There will not be any formal decisions made on Monday night - for that we need a full shareholders meeting with adequate notice, etc.

I will set up Zoom for those who cannot be present but would be able to Zoom in. 

Let me know if you will be coming in person, or if you want to Zoom.

Anne