It is important to attend the AGM on September
4th at 7:00pm...
WHY?
WHY?
The board will be discussing:
- The expenditures the condo has encountered over the past year, some unplanned.
- The audit report outlining our financial position.
- Increases coming to the condo fees and a special assessment for all units. The Reserve Fund Study was completed and outlines what work needs to take place on our building, now and in the future. The board will be discussing the strategy being implemented to keep condo fee increases low and use special assessments on certain projects. You will receive a letter from the President with some additional detail; exact numbers will not be presented at the AGM as they are still in progress.
You will be
receiving an AGM package in the mail. Please
review the information and come with your questions, we are happy to address
them. If you can’t
attend the AGM it is critical you complete and submit the Proxy sheet to ensure
we are able to go ahead with the meeting.
We need 25% attendance the run the meeting.
Thank you
for your attention to the AGM and proxy, it is important the meeting can run so
the board members don’ have to try to re-schedule.
See you next
week,
Expresso
Condo Board