[200William-EC] Levy increase for 2014 - strata plan 67851
Maxine Wickey
mwickey at stratatitle.com.au
Mon Jul 1 13:49:26 EST 2013
Hi Rob,
I am just concerned that the EC are going to reduce the Administration budget which as I discussed in the meeting we can't as this is the day to day running of the building and there have been increases.
Realistically the only room for movement is within the Sinking Fund.
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 1:47 PM
To: ec at 200william.com ec at 200william.com
Subject: Re: [200William-EC] Levy increase for 2014 - strata plan 67851
Hi Max
Understand.
I am flying away on Tuesday afternoon so if we the EC can meet without Maxine, decide on an agreed budget and then forward the recommendations to Maxine so we can then call an EGM within 2 weeks.
Everyone on board?
Many thanks
ROB
On 01/07/2013, at 1:45 PM, Maxine Wickey <mwickey at stratatitle.com.au<mailto:mwickey at stratatitle.com.au>> wrote:
Hi All,
I am only available Tuesday evening - I already have other meetings scheduled.
Regards,
Maxine Wickey
Strata Manager
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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 1:42 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
That's what I thought Matt, can everyone let me know if cool to meet next Monday night in the lobby at Marquis? Maybe 6pm? or 6.30 if 6 is too early
Begin forwarded message:
From: Matt Perkins <matt at spectrum.com.au<mailto:matt at spectrum.com.au>>
Subject: Re: [200William-EC] Levy increase for 2014 - strata plan 67851
Date: 1 July 2013 1:38:44 PM AEST
To: ec at 200william.com<mailto:ec at 200william.com>
Hi All,
If it is the consensuses that a new budget is needed. The budget should be proposed prior to the EGM being called. That is we need to come up with a new budget (or perhaps a few versions of a new budget)
Put them all in motion's and then vote at an EGM about which amended budget should pass. You do not have an EGM to talk about a budget. Perhaps we can hold a meeting of the EC and discuss a new amended budget that could be voted on at a future EGM.
Matt.
On 1/07/13 1:14 PM, Brook Beves wrote:
I also support an EGM to discuss and resolve this issue.
Please note for the purpose of an EGM date, I am interstate until Sunday 7th July 2013.
Regards,
Brook Beves
________________________________
From: ec-bounces at 200william.com<mailto:ec-bounces at 200william.com> [mailto:ec-bounces at 200william.com] On Behalf Of Maxine Wickey
Sent: Monday, 1 July 2013 12:17 PM
To: 'Rob Willett'; ec at 200william.com<mailto:ec at 200william.com> ec at 200william.com<mailto:ec at 200william.com>
Subject: Re: [200William-EC] Levy increase for 2014 - strata plan 67851
Hi Rob,
For this to happen an EGM would need to be called.
Regards,
Maxine Wickey
Strata Manager
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] 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
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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For STM's full disclaimer please visit - http://www.stratatitle.com.au/privacy.asp
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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