AGM #1 – WSCC #492
An annual general meeting of the Wentworth Standard Condominium Corporation Number 492 was held on January 10th, 2018 at 7:30pm at Boston Pizza on Barton Street in Hamilton, Ontario.

 

The following members of the board were present:

Justin Beaudoin (chair/president); Kevin Clarke(member-at-large); Koffi Sika (vice-president); Richard Birchall (secretary). Regrets: Derek Lyne (treasurer), previously notified but provided a proxy to vote on matters.

 

The follow persons were present as owners or representatives thereof:

Chris Buckley of Unit 101.

Minutes of previous meeting

 

Motion put forward by Justin Beaudoin, Seconded by Richard Birchall.

 

The Board:

 

VOTED:

To approve that no record of any AGM left by the previous board and this meeting was to be the first on record for WSCC #492.


Adaption of the Agenda

 

Motion put forward by Justin Beaudoin, Seconded by Koffi Sika.

 

The Board:

 

VOTED:

To approve the agenda as previously circulated by email and postal mail to all units.


Debate and Review the 2018 Budget

 

A short discussion took place. All members were familiar with the budget and wanted to approve. The board explained the budget to the owners who came to the meeting. The board agreed that the President should be able to make minor purchases as required for maintenance in the absence of a property manager through a repair fund. The board agreed that Justin Beaudoin, Derek Lyne and Richard Birchall should be co-signers on all cheques, any two signatures. The increase in fees was not preferred but required to ensure the condo could meet its obligations.

 


Approval of the 2018 Budget

 

Motion put forward by Justin Beaudoin, Seconded by Kevin Clarke.

 

The Board:

 

VOTED:

To approve all parts of the budget as reviewed above including fee increases.


Debate and Review the Special Assessment

 

The board had discussed this earlier with the budget. It was found necessary to continue with the special assessment as the previous board left nothing in the bank account. The reserve fund needed to be created, a special savings account is to be opened. All monies for the reserve fund, according to the reserve fund will go into this account.


Approval of the Special Assessment

 

Motion put forward by Justin Beaudoin, Seconded by Richard Birchall.

 

The Board:

 

VOTED:

To approve the special assessment.


Debate and Review the Rules of the Wellington Suites Condominium

 

The board discussed various rule changes.


Approval of new/changed Rules of the Wellington Suites Condominium

 

Motion put forward by Justin Beaudoin, Seconded by Richard Birchall.

 

The Board:

 

VOTED:

To defer this until the board members can come to an agreement on what should be added or removed.


Officially terminate the contract with Amed Dirani and DCCS Services Management contract

 

Motion put forward by Justin Beaudoin, Seconded by Richard Birchall.

 

The Board:

 

VOTED:

To sever all relationships and contracts with Amed Dirani and DCCS Management.

 

Questions or comment from the board or unit owners

 

No questions were asked.


Adjournment

There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 7:49pm.

 

Motion put forward by Justin Beaudoin, Seconded by Richard Birchall.

 

VOTED:

To adjourn the meeting.

 

Respectfully Submitted,

 

Richard Birchall, Secretary

WSCC #492

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