The results of tonight’s annual general meeting
Tonight we had the best attended annual general meeting in the history of our resident’s association. Including members in attendance by proxy, 55 members came together to discuss how we will operate our association going forward. We passed a motion approving an increase of $200/year for each unit, with approximately 80% of voting members in attendance in favor.
During the discussions and thoughtful questions and comments from our membership it was decided that the increase shall be applied only to debt reduction and the establishment of reserves. We would like to thank our members for their thoughtful input.
The board also welcomes a strong contingent of new members. On behalf of the board, we are very much looking forward to working together.