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[This has been posted on behalf of a reader , MQ007]
]I read your Column regularly, and now, unfortunately for me but maybe fortunately for you, make a contribution.
We live in a wonderful small harbourfront block which is due for repainting and other minor refurbishment after similar works were done about 12 years ago.
Some 3 years back, Owners were notified well in advance of the impending works and the Executive agreed it was prudent to gradually raise a budget for around $200,000 based on a quote for repainting. This Budget was then used to progressively raise levies until the required work could be commenced.
This appealed as sound management at the time and a gradual way to levy the required expense to repaint the building as a form of preventative maintenance.
Now that we have achieved our Budget of $270,000 in the Building fund, there has been a change in the Chair and Secretary (who is also now the Treasurer) and they are refusing to get the required work done. In consequence, the building is now looking progressively worse, rust marks and other things are getting progressively worse and all our apartments are being effected in value by the dilapidated appearance of the common property and external painting.
As some of the repainting work is also protecting timber windows and steel , it is now only getting worse and more expensive to repair.
If we contributed our Levy’s for over 3 years for a specific purpose of repainting the building and that repainting work is now not going to be done (by the way – there is no other work being done – in substitute) what avenues have we open to either have our Levies returned and /or force the Executive to deliver on its mandate and have the Building repainted?
Or , more basically, what can Owners do ?
We are all frustrated at the inactivity and many of us are keen to take it to another level but feel powerless nowadays due to the stranglehold the Chairman, Secretary and Treasurer have on the funds and the agenda.
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