Plan, plan and plan some more

QUESTION: Is Stonewall Central a better name for the property?
UPDATE (click): 2012 Audited Financial Statements
UPDATE (click): 2013 Annual Meeting packet
UPDATE (click): 2013 Special Meeting packet

AUDITED FINANCIAL STATEMENTS ANALYSIS 2009-2012 (click): A CPA analysis of SOHO Central Condominium Corporation's Audited Financial Statements

The Fantasy Vision

Does everyone remember this among the wonderful ads and brochures and how about the salespeople and what they told us. I hear such fantasies continue. So after watching and remembering, cry and then laugh at the truth that is being exposed.









And, if the above is not enough and you need elevated blood pressure, here is the project's brochure.

Many posts are still issues and need to be read once again. At this main hub of postings watch for new posts and updates. Please get involved by spreading the word as to the issues here. We must document all that is taking place. Many documents need retrieval and assistance is needed in getting them scanned and posted.

Friday, July 12, 2013

A History of Annual SCCC Meetings

A History of Annual SCCC Meetings


While the historical meetings have been fraught with problems, it is important if not critical for this year and future meetings to have Unit Owners who are by law members of the Soho Central Condominium Corporation (SCCC) attend and let their voices be heard and votes cast.  The value of your property depends upon the condition of the building which has been in decline.

more history:  http://sohocentralcondominium.blogspot.com/2013/03/sccc-by-laws-official-announcement-2013.html

2009 -  Where and when was the announcement for and subsequent meeting?  Turnover was in June 2009 and the By-Laws call for an annual meeting on the last Friday in August.  Even though the time was short and possible quorum questionable, it is critical to follow the By-Laws, Master Deed and nation's laws.  Violations start from the beginning.

While the By-Laws and Master Deed were written by the developers for their own purposes, we may amend and change them for values to increase.  There are many serious problems and issues that have not been properly addressed and explained.  Currently, the vote of the commercial part of the building is equal to that of the residential even though they pay 26.5 pesos per square meter compared to 65 pesos per square meter for residential.  They have three seats reserved for them on the Board to which they may nominate.  BUT, RESIDENTIAL UNIT OWNERS MAY VOTE NO TO ALL THEIR NOMINEES FOR THE BOARD!  WE DO NOT HAVE TO SIT THEIR CHOICES.

2010 - The annual meeting was canceled by an employee of Century Properties Management Inc. in violation of the By-Laws and our rights as Unit Owners who are members of the SCCC.

more history:  http://sohocentralcondominium.blogspot.com/2013/03/evidence-of-knowledge_4.html

2011 - There was a walkout of the Board and no subsequent meeting was announced as required by law.

more history:  http://sohocentralcondominium.blogspot.com/2013/04/steering-committee-sccc-board.html

additional history and the law:  http://sohocentralcondominium.blogspot.com/2013/04/title-iii-section-24-of-corporate-code.html

2012 - There was a declaration of lack of quorum after the meeting was illegally moved from the date as required in the By-Laws.  So all those that may have been in the building or area for the required date were denied a legal presence.  Those that came to the building or area if living elsewhere were treated as garbage with the illegal move.

This infraction also violates the corporate code since that is where the date of the annual meetings are defined:  http://sohocentralcondominium.blogspot.com/2013/03/title-vi-section-50-of-corporate-code.html

Remember last year and how we as Unit Owners were treated?  Look back in the messages and notice the security guard facing the Unit Owners even though it was us who were abused.  Yes, even though I have now had three attempted attacks upon me by Board members, I expect the guards to face us and not them.  It is them we need protection from due to their past actions against us.

The first couple of minutes hard to hear since speaker was not speaking up enough.  The full audio of the short meeting may be found here: http://youtu.be/UCPGudoU2MY or here http://soundcloud.com/sohocentral/soho-central-agm-2012



2013? - This year does not appear to be off to a good start.  I was asked by a Unit Owner from South of Market (SOMA) if there was solicitation for candidates for the Board's election.  I replied, "Your joking, right."

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