[200William-EC] Recovery of costs 200 William Street

[Matt Perkins]

Hi All,
  This is a bit of a knock-on from Rob's last email where he questioned 
costs of the upgrading of the building cameras. There seems a real 
problem here as the owners want reduced strata costs however our 
building is small and there is not that many lots to spread the cost 
over. There is not a lot of breathing room in the budget and owners want 
more facilities, Building upgrades and security features.  We have 
little way to recoup some of these cost's other then strata levies 
however perhaps there are some options for us.  It's of note that these 
suggestions will almost certainly require a bylaw change in it self will 
have an associated cost.

User Pays.
Brook recently brought up the idea of Cages that are on common property. 
lets lease these to people rather then giving them away. They have real 
value. It's not unreasnoable to ask $20 ~ $50 Per month for these in our 
Sydney location.  This could add up to a few thousand per year. I note 
also that there are a few store rooms and other spaces throughout the 
building that are utilized. I for one would be happy to rent one of 
these.  Let's put some figures on them and get them rented. It's money 
for jam.

Gym - If we plan to fix/upgrade it. Perhaps we can charge people a 
maintenance fee if they use it. If they dont want to pay for it lets 
turn it into more storage space and save the P/L and Insurance. It's a 
simple matter of putting a card reader on the Gym Door and activating it 
on lots that pay only. It should at least cover the insurance and P/L

Visitor parking - This is constantly used as parking for tenants. Evey 
time I have tried to get a visitor in there it's  full of the usual 
suspects. Perhaps some sort of user pay's system would work here. I have 
no idea how but throwing it out there.  At the very least a nominal fee 
may stop people using it as additional car spaces. I know for a fact 
that one tenant in the building is renting their space to an outside 
person and using visitor parking for there own car.

The Roof - We have discussed user pays here before. My thoughts is it 
would have little chance of making it through a AGM/EGM as it's to 
attractive as a selling point for property in the building. But if 
upgrades were to happen the BBQ should at least have a coin box.

Other property have done some of these measure nearby to great effect. 
(Particularly storage).

Matt

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