Annual Meeting Quorum?
I have just heard last night that some have been spreading information that there was a quorum at the Annual Meeting. There was NO QUORUM at the Annual Meeting as some have been told. I do not know why this rumor is being spread but please tell everyone you know there was no quorum.Unit Owners, while there are many problems with the building, we need to get a quorum and have a large number of Unit Owners at such a meeting. I know your anger and frustration, but major changes can be made. We need ALL OF YOU or your proxies to attend!!!
For those not paying monthly dues, I suspect some simply do not have the cash. As for the others, you do not have an apartment but a condominium unit as a member of the condominium corporation. You will only harm yourself by not paying risking foreclosure but decrease the value of the building and the units.
I know this situation is complex and difficult with so many factors and stories being told. Unless there is a Special Meeting called for another attempt at quorum this year, next year there will be an Annual Meeting on the Last Friday of August as required in the By-Laws. BE THERE! Make plans now! Plan, plan and plan some more!!!
Please make this a major priority every week for your discussions and life.
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