Male box
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Dec 6, 2010 5:24 pm
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Just couldn't resist the misspelling of mail box in the title for this blog.
Being a standard member I thought I would open a blog where other standard member or for that matter any other person can leave a message should they so desire.
I check my blog daily so if you want to contact me I will get the message and we might be able to communicate.
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Some time saner minds do prevail
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Dec 2, 2011 2:07 pm
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My condo corporation had it’s annual general meeting last night and I was happy to see that saner minds than our elected council prevailed.
Three years ago we raised Twenty nine million dollars to cover an exterior envelope renovation. I still question if it was actually needed or if preventative maintenance would have sufficed. Anyway we all bought into the project and now most of the owner are carrying a second mortgage of one hundred thousand dollars that carries for approximately five hundred dollars a month on top of our mortgage payment and another five hundred for maintenance fees. Owning one’s home is starting to be get expensive. Some people are unemployed, other are fearing cutbacks in the near future. The economy is in a near recession, living costs are escalating and most people are cutting back trying to keep their heads above water and not have to declare personal bankruptcy.
We have been experiencing a number of leaking pipes in the complex which we been coping with, then we lost our property manager and replaced her with a new one. She managed in a period of two month to convince the council they should be proactive and simply replace the piping at a cost of three million dollars claiming she knew a good company to do the job. I asked myself what her connection to the company was but I am a crotchety old man. The council bought in and decided to raise the funds over a two year period by special levy at a cost of five hundred plus dollars a month per unit.
I was scratching my head and starting to get ulcers just wondering where I could find an additional five hundred plus dollars a month, not an easy task when one is retired and living on a fixed income. Fortunately I wasn’t alone and there was a near riot at the meeting questioning the validity of the piping problem. When the special resolution was brought up it was unanimously voted down. Not a single person voted to pass the resolution . I would have thought the council would have at least voted to approve the project but then again saner minds prevailed . The owners presented a united front and peace and quiet has returned to the home front while we study and contemplate other solutions to deal with the plumbing.
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