Sale of Horseshoe Manor
16 July 2026

WHEREAS, the members of The Light & Power Employees Co-operative Credit Union Ltd, at the Annual General Meeting held on 26 April 2025, approved the sale of the property known as Horseshoe Manor pursuant to an offer of BBD$875,000.

AND WHEREAS, the approved purchaser was subsequently unable to secure the financing required to complete the transaction, resulting in the sale not being concluded;

AND WHEREAS, the Board of Directors has since received a cash offer of BBD$850,000 for the purchase of the property.

BE IT RESOLVED THAT, the members of The Light & Power Employees Co-operative Credit Union Ltd hereby approve the sale of the property known as Horseshoe Manor for the sum of BBD$850,000 to the proposed purchaser and authorise the Board of Directors to take all the necessary steps to complete the transaction.