[200William-EC] Levy increase for 2014 - strata plan 67851

Mon Jul 1 13:34:47 EST 2013

Hi Rob,

If this you wish to change levies we need to hold an Extraordinary General Meeting - we will need to revise the budget again and put forward to all owners.  For an EGM we need to give 2 weeks notice.

Regards,

Maxine Wickey
Strata Manager

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From: ec-bounces at 200william.com [mailto:ec-bounces at 200william.com] On Behalf Of Rob Willett
Sent: Monday, 1 July 2013 1:29 PM
To: ec at 200william.com ec at 200william.com
Subject: [200William-EC] Levy increase for 2014 - strata plan 67851

Hi All

I also have Craig's proxy in this case.

So we have an agreement to discuss the levies.

Any chance we can get together quickly, this week? Maybe we can meet in the lobby of the 200 William Street?

Or alternatively next Monday ( 8th July )

Please advise

On 01/07/2013, at 1:25 PM, "Rowan Holloway" <rowanholloway at gmail.com<mailto:rowanholloway at gmail.com>> wrote:

I understood that we approved the increase at the AGM as mentioned by below Maxine as that was the prudent option. The reasoning was that we were sharing the load over time through all the owners as opposed to leaving ourselves exposed to special levies at the time when a special levy hit.

I'm more than happy to talk it over again if everyone else understood differently.

Rowan

From: ec-bounces at 200william.com<mailto:ec-bounces at 200william.com> [mailto:ec-bounces at 200william.com<mailto:bounces at 200william.com>] On Behalf Of Rob Willett
Sent: Monday, 1 July 2013 12:20 PM
To: ec at 200william.com<mailto:ec at 200william.com> ec at 200william.com<mailto:ec at 200william.com>
Subject: [200William-EC] Fwd: Levy increase for 2014 - strata plan 67851

So be it, if we get a majority from the EC saying yes, we should do it asap if possible.

Begin forwarded message:

From: Maxine Wickey <mwickey at stratatitle.com.au<mailto:mwickey at stratatitle.com.au>>
Subject: RE: [200William-EC] Levy increase for 2014 - strata plan 67851
Date: 1 July 2013 12:17:22 PM AEST
To: 'Rob Willett' <rob at robadda.com<mailto:rob at robadda.com>>, "ec at 200william.com<mailto:ec at 200william.com>ec at 200william.com<mailto:ec at 200william.com>" <ec at 200william.com<mailto:ec at 200william.com>>

Hi Rob,

For this to happen an EGM would need to be called.

Regards,

Maxine Wickey
Strata Manager

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<image002.png><http://www.facebook.com/browse/admined_pages/?id=100004719999379#!/pages/Strata-Title-Management-Group-STM/120176711475212>   <image003.jpg><https://twitter.com/STM_StrataManag>   <image004.png><http://www.linkedin.com/company/strata-title-management-stm-?trk=top_nav_home>   <image005.jpg><https://twitter.com/STMStratasphere>

t:   (02) 9540 4199
www.stratatitle.com.au<http://www.stratatitle.com.au>
www.stmplus.com.au<http://www.stmplus.com.au>

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From: ec-bounces at 200william.com<mailto:ec-bounces at 200william.com> [mailto:ec-bounces at 200william.com<mailto:bounces at 200william.com>] On Behalf Of Rob Willett
Sent: Monday, 1 July 2013 12:14 PM
To: ec at 200william.com<mailto:ec at 200william.com> ec at 200william.com<mailto:ec at 200william.com>
Subject: [200William-EC] Levy increase for 2014 - strata plan 67851

Thanks Maxine for the explanation. I am not sure it was clear that the actual levies would increase because of the budgets. Having said that I would like to propose we meet again to discuss the budgets and reallocate ( reduce ) in areas where we can ) so we can get the levies back to the level they were. Quite frankly, the building of this type does not warrant such extravagant fees as there are no facilities ( pool / doormen / gym etc ) Equally, it would appear we are subsidising the Commercial owners quite heavily and maybe it is time for this to be addressed. Could we please have a vote on whether we need to re-meet to discuss the budgets

Many thanks

Begin forwarded message:

From: Maxine Wickey <mwickey at stratatitle.com.au<mailto:mwickey at stratatitle.com.au>>
Subject: Re: [200William-EC] Levy increase for 2014 - strata plan 67851
Date: 1 July 2013 10:18:55 AM AEST
To: "'Diana Dennison'" <didee.cd at gmail.com<mailto:didee.cd at gmail.com>>, CSCL <cscl at optusnet.com.au<mailto:cscl at optusnet.com.au>>
Cc: "<ec at 200william.com<mailto:ec at 200william.com>>" <ec at 200william.com<mailto:ec at 200william.com>>

Dear Committee,

The levy that was discussed at the AGM was:

Administration          $213,000.00 plus GST
Sinking                   $  38,147.77 plus GST

The previous year was:

Administration          $196,000.00 plus GST
Sinking                   $   5,000.00 plus GST

The Administration has increased due to the levy contributions to the BMC as electricity costs and insurance costs have increased.

The Sinking amount was adopted as per what the sinking fund plan proposed.  It was discussed that last year we only contributed to the sinking fund $5,000.00 and I advised that we have to propose what the sinking fund plan has stated but it is up to the owners corporation as to whether you adopt that amount, which was passed at the meeting.

It was discussed that painting will need to be done in the next few years and that the funds need to be built up for this rather than raising special levies.

Regards,

Maxine Wickey
Strata Manager

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t:   (02) 9540 4199
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www.stmplus.com.au<http://www.stmplus.com.au>

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From: ec-bounces at 200william.com<mailto:ec-bounces at 200william.com> [mailto:ec-bounces at 200william.com<mailto:bounces at 200william.com>] On Behalf Of Diana Dennison
Sent: Sunday, 30 June 2013 7:23 PM
To: CSCL
Cc: <ec at 200william.com<mailto:ec at 200william.com>>
Subject: Re: [200William-EC] Levy increase for 2014 - strata plan 67851

I too was shocked, but could it include the sinking levy contribution? Remember a couple of years ago when we had all those extra amounts to pay for just that?

Di

Sent from my iPhone

On 30/06/2013, at 3:56 PM, "CSCL" <cscl at optusnet.com.au<mailto:cscl at optusnet.com.au>> wrote:
Hello All,
I ran into Rob this afternoon and questioned why we had received levy increases for the quarter June 1 through August 31.  To my knowledge, we did not pass a motion at the AGM to increase the levy charges from June 1.

Maxine, I received my levies, for the period above, in the mail on Tuesday and noted a sizeable increase for each of my lots.  Would you please explain why the levy increase was made.  The actual total Admin charge for the year ending 28/02/13 was $250,464.79, whereas the budget for the year ending 28/02/14 is only $214,027.

Thank you and regards,
Craig Laforest
Apt 601
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