11. Funds needed We need to put forward a bid of R450 000 for the land. R200 000 is already secured. We need an additional R50 000 for associated costs. Therefore a shortfall of R300 000 is required. We have until 16h00 Monday 26 April to raise the capital required.
12. Funding proposal Families and friends of Lanner House School are asked to purchase shares in the land – share value of R10 000 / $1340 By doing so they become share holders in the property and stand to gain as the land gains value. The school will stand as a silent share holder in the property association. Share holders will appoint a management team from among themselves to manage the development of the property. Share holders will be able to sell their shares to fellow-investors, potential investors and to the school.
13. A fantastic opportunity… The school has never had such a great opportunity to begin the process of land ownership and development. This is within reach … We need people with vision and the desire to see Lanner House move into the next era of its development. Please consider joining us in this adventure!
14. Questions? Enquiries can be directed to : Arthur Preston (Headmaster) – 023 347 5837 / head@lannerhouse.co.za NikWullschleger (Project Co-ordinator) - 083 735 2038 / nik@informage.co.za