Chapter 334 - The Contract
Chapter 334: The Contract
Translator: Lonelytree
After the Global Tourism Development Company in City Z went bankrupt, Xiao Taiyang once again applied for the contract.
This time, the application was smoothly approved.
‘The huge earthquake in City Z had sent tremors to Xing Yin County and Xing An Town. People were keenly aware that the earthquake happened due to the development of Taoyuan Village.
Many new officials got promoted. They were capable people and were considerate of the public. Of course, they were smart too. They sensed that the earthquake was caused by someone behind the scene.
What did this mean? Many people knew the answer. Taoyuan Village might appear small and unremarkable, but it was protected by a big boss.
The village chief handed the mountain contracts to the officials. This time, it didn’t involve any outside company. This was an internal matter of Taoyuan Village, so the official approved it quickly.
The village chief sent the relevant materials and notice of approval to Xiao Zhengyang’s house.
The village chief sat in the courtyard. After gulping down a few cups of tea, he said happily, “I didn’t expect it to pass so smoothly this time.”
Xiao Lingyu raised her eyebrows. Then, she looked at Gong Tianhao, who was peeling apples for her, and said to the village chief with a smile, “That’s good.”
At this point, she paused for a moment and looked at the village chief with a serious and serious expression, “Village chief, since the contract has been passed, I wish to discuss the rental details. I plan to pay the rent every three years, just like how it is for Taiping Field. Every three years, the rent will
increase by 20 percent. The lease term will be 30 years. What do you think?”
The village chief nodded and said, “This matter has been approved by all the village representatives. The rent will be divided according to the number of people in the household.”
Regarding this point, Xiao Lingyu naturally did not have any problems. She was only the lessee. How the rent was going to be distributed was not her issue.
Xiao Lingyu nodded and said, “That’s fine. The six mountains have 11,306 Mu of land. The rent for each Mu is 150. So the total for every three years is 5,087,700. Village chief, is that correct?”
‘When the village chief heard the number, he was shocked. It was more than five million, and Xiao Lingyu planned to pay that in one go. Did the Xiao Family have so much money?
Xiao Lingyu saw through the village chief’s doubt. She smiled, “Village chief, I don’t have that much money now. So I’ve taken a loan of four million from the bank.”
The village chief was stunned and asked curiously, “Bank loan? What is that?” He knew about bank loans, but to his knowledge, the bank would only offer loans for businesses. Would they loan money to a farmer?
Xiao Lingyu said with a smile, “As long as you provide some information, the bank will give you a certain amount of loan based on your property status and the prospect of the investment project. Of course, that is under the condition that the bank believes the loaner can pay back the loan.”
The village chief nodded.
Xiao Lingyu then added, “Of course. Since it’s a loan, there will definitely be a certain amount of interest. For example, for my loan, the interest is 4.35 percent a year. In other words, I will have to pay around 170,000 RMB in interest every year.”
“Okay.” The village chief nodded. But in his heart, he felt that it was not worth it.
This was 100,000 RMB of work that needed to be done for free. Of course, since he didn’t mean to take out any loan, he didn’t dwell on it.
He smiled and said, “Lingyu, you are really bold. I wouldn’t have dared to take out such a big loan.”
Xiao Lingyu shook her head and said, “I had no choice. Village chief, please don’t laugh at me.”
Then, Xiao Lingyu asked, “Village chief, do you think I should withdraw all the money in cash, or do you think we can persuade the villagers to register a bank card? To register a bank card, they need to go to the bank with their ID and open an account.”
The village chief thought for a moment and said, “How about I ask the villagers for their opinions?”
Xiao Lingyu added, “Village chief, before that, I need to remind you something, If we are going to apply for cards, then all 180 households should apply for the cards.
“If someone is unwilling, then I think it’s better for me to withdraw the cash and have the village elders distribute it.”
After hearing that, the village chief thought about it again and said, “In that case, I think we’ll go for the cash. After all, many people in the village don’t know how to use a bank card. They also find the cards insecure and unreliable. People will complain about it.”
Xiao Lingyu nodded and said, “Okay. I’ll withdraw the cash three days later. I have to make an appointment in advancement due to the amount.” Xiao Lingyu had no idea whether the application would be approved or not before this, so she didn’t notify the bank. But now that it had been approved, she
wanted to get this wrapped up as soon as possible.
The village chief was also very happy. “That’s good. In these three days, I can make an estimate of how much money each family will get.”
This money would be divided according to the number of people. The rent was around 1.8 million, and it would be shared by six to seven hundred people.
In Taoyuan Village, there were many big families with ten to twenty people.
“Have you heard? Xiao Lingyu rented those hills in our village, and the rent is more than 7,600 RMB per person!”
“The village chief has already informed everyone. I can’t believe it. It’s more than 7000 per person. We never thought it would be so much.
“When the demolition team came and offered us 5000 RMB each, we already thought that was already very high. Who would have thought we would have gotten more by renting the mountains to Xiao Lingyu.”
“That’s right. And three years later, the rent will only increase. In comparison, the demolition people will only pay us once and claim our land permanently. Fortunately, we didn’t agree.
“Some thought 5000 RMB was a lot, but actually it was nothing compared to the profit the company would get!”
“Naturally. Those people are big bosses for a reason. We’re farmers who can only see the benefits before us and not the future.”
“You do make sense. But, speaking of which, where did Xiao Lingyu get so much money? Did she earn so much by selling vegetables and strawberries?”
“Theard from the village chief that Xiao Lingyu took a loan of around four million from the bank.”
“Hub? A bank loan? What is that?”
“The village chief said it means borrowing money from the bank.”
“Huh. I know you can save money in the bank. I don’t know you can borrow money from them.”
“That’s why Lingyu is so clever!”
“That’s true. She is clever enough to borrow so much money from the bank. We don’t even know that’s possible.”
At this moment, someone suddenly said, “Ah, I’ve decided to support my eldest child to further her studies.”
“Wait, isn’t your eldest child a girl? Why would you do that? She is going to get married anyway. It’s pointless!” Someone immediately said disdainfully.
“How is it pointless? Look at Xiao Zhengyang’s daughter! His family is now a millionaire. Do you think Xiao Lingyu will take all the money with her after she gets married? She will at least leave half with her parents, right?”
“You’re right. Xiao Lingyu is always filial.”
“If my daughter can be as talented as Xiao Lingyu, why shouldn’t I try to cultivate her?”
“You’re right. A daughter can be as good, if not better, than sons.”
“My Xiao Yun is a good student. I should reconsider taking her out of school.”
“My Xiao Lan is the same…”
Overnight, the misogyny at Taoyuan Village lessened.
In the future, Taoyuan Village will indeed produce many promising female stars.
Of course, that was a story for another time..1