Dear Isaac,
Members,
I hope you are all well.
In our last
meeting, we discussed proposals for lease of Chama land at Luwero as had earlier been requested by Carol and Isaac. As we await the minutes, we agreed in principle that the land was available and Chama was willing to lease it at a rate of UGX1,200,000= annually for an initial period of one year, renewable afterwards if there's interest. The details were thus;
That the lessee would pay the agreed amount in advance.
That the funds would cater for the Chama security wages (50k), purchase of acaricide for Chama animals (35k) and 15k for part payment of other Chama costs.
That the lessee would have all Chama facilities including but not limited to 5acres of land, 2water reservoir tanks, pump usage (at own cost) and the water irrigation kit.
That the lessee would ensure availability of water for use by Chama workers and animals.
And that the animals are free to graze in the land that is not planted with crops.
Isaac agreed to these terms and was given a go-ahead to clear the land and prepare for
planting. Any other interested parties like Carol who had expressed interest were encouraged to discuss with Isaac on ways how to share costs and land in consultation with MS especially since use of generator and pump is shared.
It is my understanding that these terms are fair and agreeable so I hereby request Isaac to deposit UGX100,000= or more in the Chama account as payment for lease effective August 01, 2013, if he is interested in a formal handover, he may let me know so that we arrange for that, I hope the signed minutes of the last session that agreed on these terms will serve as a formal agreement between him and Chama.
I wish you the best of luck in this endevour, looking forward to renewal of this lease probably at an improved cost next year.
Regards,
Bob,
PC - Juhudi, Luwero.