Kiama Municipal Council and Hall & Prior Aged Care today executed the contract for the sale of Blue Haven Bonaira with settlement to occur on 1 November this year.
This strategic agreement was endorsed at the recent Ordinary Council Meeting and marks a significant step in improving the Council’s financial position and ensuring the sustainability of its services for the community, while also ensuring a positive outcome for staff and residents.
The decision to sell Blue Haven Bonaira follows a comprehensive tender process, which then led to Council entering direct negotiations with Hall & Prior Aged Care, a leading provider of aged care services across NSW and Western Australia.
Kiama Council CEO Jane Stroud said staff were a critical consideration of the proposed sale, as they are the key to continuity of service.
Councillors also resolved to pursue legal action concerning the building defects. While this will incur costs, Ms Stroud said the material impact of the defects on the asset’s value cannot be ignored.
