The settlement date of Kiama Municipal Council's sale of Blue Haven Bonaira has been extended from 1 November to Monday 2 December at the request of buyers Hall & Prior Aged Care.
Hall & Prior's CEO Graeme Prior confirmed his company continues its due diligence and transitional work. "Multiple operational and management teams have been on site and are working as hard as they can. We requested this one month extension so that we can complete this very important work. "
"Blue Haven staff will have the chance to meet myself and the Hall & Prior team prior to settlement as part of this process. I am looking forward to meeting you all," he said.
Kiama Council CEO Jane Stroud said: "We understand it's a very complex process with lots of moving parts and while the delay is unfortunate, it is unavoidable. Kiama Council has agreed to the variation of contract and accepted the one month delay. We have communicated this extension with our staff and residents of our aged care facility and Independent Living Units, and their loved ones."
Kiama Council remains completely committed to Blue Haven and continues to support its operation, and will do so until the whole contract is finalised.
Kiama Council COO Joe Gaudiosi said: "As always, the care and wellbeing of our residents and our staff is paramount. Although this obviously impacts on our financial position, by granting Hall & Prior this extension, we make sure to look after everyone involved."
