Subject: SP52948 - 1-15 Fontenoy Road, North Ryde. Annual General Meeting minutes
From: Simon Wicks BCS Strata Management
Date: 31/10/11, 8:29 am
To: SP52948 owner

Thank you for the email which will be forwarded on to the committee members in due course.

Kind regards

Simon Wicks
Raine & Horne Strata-Sydney
Level 1, Building D, 240 Beecroft Road Epping NSW 2121
http://www.bcms.com.au/

-----Original Message-----
From: SP52948 owner
Sent: Friday, 28 October 2011 2:48 PM
To: Simon Wicks BCS Strata Management
Subject: Re: SP52948 - 1-15 Fontenoy Road, North Ryde. Annual General Meeting minutes

On Fri, 2011-10-28 at 14:14 +1000, Simon Wicks wrote:
Dear Owner

Please find attached the minutes of the Annual General Meeting for SP52948 - 1-15 Fontenoy Road, North Ryde.

Kind regards
Raine & Horne Strata

Hello Simon,

Thank you for the minutes. That is what I was expecting.

The comments in the minutes are also incorrect:

a) I did raise comments about wrong AGM 2010 minutes so many times. That is why I took them to the DFT and CTTT and also requested a Motion for AGM 2011 (which they very kindly rejected to put on the agenda).

b) The answer "no member of the EC committee receives any benefit other than those provided to all owners" did not actually address my question. In fact, it is ONLY a part of the question EC decided to respond to:

BEGIN OF QUOTATION FROM MY CORRESPONDENCE
Over the last five years, has any member of the current or previous executive committee (those that might have left two-three years ago, for example) AND their families (including defacto relationships) received any direct or indirect financial compensation from the owners' corporation? If so, I need the full details of the financial transactions: when, why, amount, and who approved it.

The examples of direct compensation would be work related to financial audits, or work on web site setup, or discounted strata fees for the units they own, and similar.

The example of indirect financial benefit (which might not be directly payable to them in person, but still constituted conflict of interest that should be declared) might be a project that benefits some company in which given member of the committee (or their families) have shares, active roles as directors or managers, and so on.
END OF QUOTATION FROM MY CORRESPONDENCE

c) There is no need for me to repeat other unanswered questions, like the term deposit interest rates, maturity dates and so on.

We all need to do what we need to do so the next step starts on Monday.

Committee member, who is usually very loud and poorly informed, got lot of materials from me because she claimed she did not know some things.

I also sent her the nice summary about Optus proposal and how John Fry helped me uncover EC msieadling and misconstrued comments. That goes to Department of Fair Trading next week too (to show why the committee is so desperate to not have open discussion about Optus, about why we did not use Statutory Warranty in the past, and so on).

Regards,