Friday, May 29, 2009

No Pictures Yet - but moving ahead

Sorry, there are still no pictures of anything exciting yet, but we have made some progress. In a nutshell:
  • tenants given notice to move out by 5th July on 26th of May (held over from a Fixed Term Contract that expired on 3rd of April)
  • received 2 demolition quotes ($10 450 and & $7500 - take a guess as to which one we are more likely to go with)
  • further discussions with Bank about Finance (valuation came in lower than expected because we aren't building in a 'new' area)
  • 2nd Stage of Council Approval received - Building Rules Consent.

According to our contract, the slab should be laid no later than 19th of August, but at this stage we are ahead of schedule, with the final council approval expected in next couple of weeks, along with Finance approval. Hope it all goes through smoothly.

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