HONORING LIVES, HONORING MEMORIES
Because we know that most still prefer land burial via plots, estate and niches, we have struggled to make deals for land owners: two in NL and one in ST. However these proposed deals are fraught with difficulties:
1. In NL, we still do not have right of way. While we have given money to the land owner, the ROW issue to make their land legally accessible and OK for development has not been accomplished
2. In NL 2, we have done a great deal on the contract. While the land owner has 90% agreed on the T n C of the agreement, they find it difficult to come out with the inventories. They are rather suspicious. The project of course was previously an MP but LTS cancelled by DHSUD. They have not cleanly eliminated previous JV partner. We are in danger of losing it, if the land owner decides we ask for so many things. The broker who is difficult to deal with, doest not side with us We could have closed the deal blindly yesterday. Other parties who were dealing with them
dropped them probably over the same matters
3. The ST project
Challenges:
1. ROW compensation is stiff. Two previous land owner and developer will grant us ROW
We consulted the land owner but willing to give only 1/2 of what the owner of ROW would
grant
2. Issue with Estate tax of land owner. We are awaiting the govt official demanding this to retire
3. The other land owner:
1. Its an adverse deal to be because the new landowner bought land that has an existing JV
contract with us
2. His land is populated by squatters
3. Approached our other partners to join forces with him and buy us out. What in the world Whew. Formerly a contractor for the govt for school buildings
And forgive their tresspasses. All these happening and they forgetting that our planning, thinking and execution creates wealth for them.
We will overcome these challenges. More courage. More determination. More problem solving
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