|From: Roger Wagner <email@example.com>|
Subject: GLAMORGAN PHOENIX Bid + Meeting 09/09/21 Minutes
Date: 3 October 2021 at 18:48:06 BST
We came together 5 Years Ago to save the historic and much missed ‘First Pub In East Croydon’ – The Glamorgan, (here before East Croydon Station).
Now our moment is fast approaching, to seize The Glam back from the developers and restore it to our community. Therefore our campaign needs you to do two things in the next few days.
1. Respond to a short Questionnaire aiming to test the strength of Community Support for the Campaign so we can access supporting grants/loans/investment
2. Read the Minutes of our last Zoom Meeting 09/09/21 in preparation for our forthcoming & historic AGM on 21/10/21 (Zoom Invite/Agenda will be sent to you in a separate email)
MAKING A BID FOR THE FREEHOLD OF THE GLAMORGAN
Fellow “Save the Glamorgan” campaign members,As you will see from the attached minutes of our last meeting, things are rapidly progressing since the owners of The Glamorgan notified Croydon Council that they wish to sell the freehold rather than submit any further development planning applications. We have until 11th December (when the current moratorium ends) to submit a serious bid for the freehold, using our recently created community company GLAMORGAN PHOENIX. The owners cannot sell to a non-community based concern before then.
In our discussions with our business adviser from the Plunkett Foundation we have identified various options, but for all of them we must demonstrate there is strong community backing (especially financial) for the bid. Although Cronx and Dorking breweries are keen to invest in the venture, providing significant funds, a degree of community commitment is also essential. Grants to match community raised funds may be available.
Therefore, please reply to this email by 11th October, with your answers to the following questions. THANK YOU.
1. Would you be able and willing to invest in GLAMORGAN PHOENIX, buying shares, the cost of which may be refunded to you some time in the future when/if The Glamorgan is running again and generating profits.
2. Would you be able and willing to invest in GLAMORGAN PHOENIX, buying shares that may produce interest payments when/if The Glamorgan is running again and generating profits.3. If so, how much could you invest? (e,g, £500, £1000, £5000, etc.)