29 Nov 2012 11:10 PM:

The finances for the resort are split between the urban entity, level 1, level 2 and level 3. The individual level 3 budgets are based on the community fees charged to each owner of the garden / block. Then the level 3 needs to pay towards level 2 , 1 and urban entity. Different charges being applicable to each level. For example roads, lights, swimming pools, security etc. the amount left which is very small is left with the level 3 budget. However the bank accounts sit at level 2 and above so even if level 3 wanted to spend something then level 2 needs to sign the cheque. Additionally the accounts presented by the administrator are confusing and trying to work out what is actually available to spend at level 3 is almost impossible. At the moment we have the same administrator looking after the urban entity and level 1 and level 2 so they are free, unless challenged by level 2 presidents, to move money around different bank accounts. Therefore it is difficult to monitor the amounts that are in accounts. Whilst I am not suggesting we do this at this time in some ways forming a different entity for a subset of gardens and blocks would actually help control the amount of money spent. It would not affect the overall look of the resort as we would still contribute to that.

Community thread: Proxy Vote

--------------------------------------

29 Nov 2012 8:49 PM:

After 4 years of reading comments on this forum and never commenting myself I thought I would just like to state what I know for a fact what has happened to a level 3 president. After serving for 18 months from may 2011 until November 24th 2012 they were not re elected this year. This is despite the fact that they obtained proxy votes from owners (including scanned images of passports as requested and being presented to the administrator well in advance of the 24hour deadline) and until the agm no one else was standing against them. However at the agm it was stated that as this current level 3president had not given their proxy vote to someone else then they could not be considered for president and as a result the wishes of the owners were not taken into account (ignored!!). Subsequently someone at the agm was elected president even though they had Less votes! Also just had an email from another level 3 president whose circumstances were the same with exception that they did give their proxy to someone attending the agm and although it seemed they were elected they have now been informed that someone else is the president. So you have 2 presidents who were willing to stand again and through bureaucracy cannot. We have to ask why. Is it simply because these individuals did not follow the correct procedure, even though that never seemed clear and changed to suit situations OR did the administrator not want these people as presidents. We need presidents who will work positively with the administrator yet still challenge when needed. I know that we had that with some presidents and it seems that all have now gone. I hope that the new presidents work hard for the community and play an active roll by supporting the administrator and challenging decisions when appropriate. Please remember that we employ the administrator they earn a lot of money from our resort and everything they do should be for our benefit.

Community thread: First time comment

--------------------------------------