Forums Strata Committees Current Page

  • Creator
    Topic
  • #10379 Reply | Quote

    I’m new to the forum but read the column religiously.

    At our last AGM, our EC chairman wanted some $60k of repair works approved which the very small quorum of owners (9/36) attending thought hadn’t been properly assessed so a motion was passed to restrict the EC’s spending to $15k max on one item while further assessments were made by the EC.

    Yesterday, our Strata Manager inadvertently sent an email to ALL owners advising that the works were proceeding – but for only half of the affected units at a cost of $30k+. The contract for the work was signed on behalf of the OC by the Strata Manager.

    I contacted the EC Chairman and advised that I believed the EC had acted illegally in approving the contract due to the spend restriction imposed. I also asked how the units had been assessed for the work – no reply. I also believe that the Strata Manager has acted inappropriately by signing the contract – should he not know there was a spend restriction?

    The AGMs are usually held late afternoon in the carpark of the unit block. The EC Chairman has conveniently called an EGM for 10am on a Friday in the Strata Managers offices 15kms away.

    My concern is that the building has insufficient funds to comfortably complete all works this year and should the owners of the units not included in this contract demand their unit work be included, a special levy will have to be struck which most of the owners could not afford given their socio economic position. Personally, I was for a special levy but am fortunate to be able to afford that.

    Any advice on how I should proceed would be welcome.

Reply To: Reply #25086 in Executive Committee spend limit breached
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.

You can use BBCodes to format your content.
Your account can't use all available BBCodes, they will be stripped before saving.

Your information:




Forums Strata Committees Current Page