Changing resolutions

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  • 12/11/2018 at 8:01 pm #12024 Reply | Quote
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    Flatchatter

      We have always had a resolution that says we must get 3 quotes if we need any maintenance work over $500.  As one of our suppliers has just resigned I need another supplier immediately to do some quarterly maintenance work.  Now I am not sure if this is a rule and has been registered or if this is a special resolution or an ordinary resolution.  As this is time critical can I just get a quote from another supplier and if the cost is comparable to our existing supplier  can I just engage them.  I was told that if  the 3 quote policy was an ordinary resolution it has to appear on the AGM Minutes each year for it to be valid – if it does not appear I can just get one quote.  Does anyone have any expertise on this type of matter.  We are in Victoria.

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    Reply To: Reply #30720 in Changing resolutions
    PLEASE ... If your property is not in NSW, mention its location (state). Don't identify companies or individuals by name. Don't mention or promote your company or services. Keep acronyms and initials to a minimum. Please, don’t use “quote” unless there is a specific point to which you wish to refer, then highlight (define) that specific passage before you click on "quote". Otherwise just use reply. THANKS.

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