walski wrote:So when does the Moorabbin lease end officially ?
Tad worried now...
saintly wrote: 35 years or something like that
casey scorp wrote: It is now closer to, but still over, 30 years (provided we are still based there). If we move our base, we lose the right to it.
plugger66 wrote:
That is not fact at all. Matter of fact the Saints think they will keep the pokies there for sure. The ground goes but we have no need for that.
saint66au wrote:
We wont lose our right to it because we are maintaining a Social Club / merchandise store at the location
There is a lease until a bit over 30 years. Eastern might be right on the money when he says until 31 October 2040.Eastern wrote:I think the Social Club have a "Water Tight" lease at Moorabbin until 31 October 2040 !!
The right to the lease goes when we no longer maintain an admin/training base there.
Posturing to the contrary by the club is huff and puff.
Even if we still had the right to the lease (which we won’t if we leave), there would have to be doubt that our EGMs will be sufficiently profitable that we will be able to secure them in the post-2012 gaming environment when all the rules change.
At the moment we are entitled to continue to occupy the site because the club is still based there.
If the Saints leave Linton Street, then inevitably, the club (if it’s sensible) and the Council will come to an agreement about a transition whereby the Council allows the club to continue occupation until 2012 when the club won’t want the gaming premises any more anyway because the EGMs won’t be available to it.
Given that Belvedere Park isn’t going anywhere fast, maybe nothing will have happened by 2012 anyway. As long as we haven’t moved the admin/training base we are not in breach of the lease, and we can continue to occupy the whole Moorabbin Reserve just as we want to.