Having received up to date valuation advice
prior to transfer, the Chief Executive in Consultation with the
Leader, Portfolio Holder for Finance and Chief Finance Officer,
agreed to transfer the former Bugle PH into the ownership of Knowle
Green Estates Ltd for nil cash consideration:
Having received up to date valuation advice prior to transfer, the
Chief Finance Officer in Consultation with the Leader, Portfolio
Holder for Finance and Chief Executive, agreed to loan to Knowle
Green Estates Ltd (if necessary) the funds to enable it to purchase
at full market value.