Vote on future of Cudgen Leagues

By Jo Kennett

Continued from page 3.

The board has stated in the notice regarding the amalgamation that there will now be “new regular member and community consultation and engagement meetings”.

The notice to members from the board states that the next stage includes, “ongoing due diligence by both clubs, planning and building project considerations required to commence and complete full building works of the clubhouse” and “the negotiation and execution of a memorandum of understanding (MoU) containing the terms of the proposed amalgamation.” Members will be able to provide feedback and help shape the MoU at planned meetings with the board and Norths Collective representatives.

A copy of the MoU, once negotiated and completed, will be made available to members for inspection at least 21 days before the general meeting where members will vote on the proposed amalgamation.

After the MOU is completed, both Norths Collective and Cudgen Leagues Club will vote separately on the proposed amalgamation.

The notice from Cudgen Leagues Club states that “if the proposed amalgamation is completed after the various legislative requirements have been met, then in substance all land, assets, liabilities and the club licence of Cudgen Leagues Club, as set out in the memorandum of understanding, will pass to Norths Collective subject to the terms and conditions on the memorandum of understanding.”

Read next week’s edition for more.