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5. I AM MOREOVER FRANKLY UNABLE TO UNDERSTAND WHY THE SUGGESTION MADE BY ME IN LONDON SHOULD HAVE BEEN REJECTED, AND I CANNOT HELP WONDERING IF IT HAS NOT BEEN MISUNDERSTOOD. MY SUGGESTION
PROVIDED ALL THAT HAS BEEN NOTIFIED TO ME AS BEING REQUIRED OVER 7 YEARS FOR MAINTENANCE, MINOR WORKS, AND CAPITAL WORKS SEMICOLON INCLUDING AN EXTRA AMOUNT OF £2.5MILLION FOR CAPITAL WORKS. IT ENABLED CAPITAL WORKS TO BE COMPLETED IN A SHORTER TIME THAN 7 YEARS IF DESIRED SEMICOLON AND (TAKING THE AMENDED FIGURES IN PARAGRAPH 2 ABOVE INTO ACCOUNT) IT GAVE AN AVERAGE CASH CONTRIBUTION
EVEN OVER THE FIRST 5 YEARS ONLY MARGINALLY LESS BY 0.1 MILLION
P.A. THAN IN THE PRESENT PROPOSAL - A DIFFERENCE THAT COULD IN ·
PRACTICE DE SWALLOWED BY MAINTENANCE COSTS.
6. ON THE OTHER HAND, WHILE PROVIDING ONLY FRACTIONALLY AND PROBLEMATICALLY LESS BY £0.5 MILLION IN ALL (AND INDEED POSSIBLE MORE) THAN WHAT IS NOW ASKED FOR, MY SUGGESTION:-
(A) WAS PRESENTATIONALLY MORE ACCEPTABLE BECAUSE OF THE EFFECT OF NOTIONALLY SPREADING THE COST OF THE CAPITAL PROGRAMME SEMICOLON
B) MET UNOFFICIAL MEMBERS WISH FOR A 7-YEAR AGREEMENT SEMI COLON
(C) AVOIDED A VERY HIGH TERMINAL FIGURE WHICH THEY WILL FEAR WILL BE USED AS THE BASE FIGURE FOR THE NEXT AGREEMENT, IN SPITE OF THE FACT THAT THE BULK OF THE CAPITAL WORKS PROGRAMME SHOULD BY THAT
TIME HAVE BEEN COMPLETED SEMICOLON
(D) AVOIDED THE 13 PER CENT P.A. INCREASE NOW PROPOSED IN THE CASH CONTRIBUTION, WHICH IS AN UNREASONABLY HIGH FIGURE IN RELATION TO GENERAL COST-INFLATION RATES HERE.
(E) AVOIDED MORE THAN A 50 PER CENT INCREASE OVER THE LAST AGREEMENT: A 73 PER CENT INCREASE AS NOW PROPOSED WILL CONSIDERED EVEN MORE
EXORBITANT,
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/7. MY
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