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Attachment E - Body Corporate Minutes

of 3

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4.    APPOINTMENT OF AUDITOR
This motion was not voted on as Motion 3 resolved not to have the statement of accounts audited.


5.     ADMINISTRATIVE FUND BUDGET & INCOME LEVY
RESOLVED by ordinary resolution that the Administrative Fund Budget and Income Levy of
$17,300.00 for the financial year ending 31/03/2022 be approved and adopted, and that the Notice of
Contributions be issued to lot owners in accordance with the below schedule;

 Levy Period                        Cost Per Contribution             Due Date
                                    Schedule Lot Entitlement
 01/04/21 to 30/06/21               $3.50                             01/05/2021 Issued
 01/07/21 to 30/09/21               $3.51                             01/08/2021
 01/10/21 to 31/12/21               $3.51                             01/11/2021
 01/01/22 to 31/03/22               $3.51                             01/02/2022

And further, that the Treasurer be authorised to issue the levy notice for the first levy period of the
next financial year as follows:-

 01/04/22 to 30/06/22               $3.61                             01/05/2022
(4 Yes votes)


6.      SINKING FUND BUDGET & INCOME LEVY
RESOLVED by ordinary resolution that the Sinking Fund Budget and Income Levy of $6,500.00 for
the financial year ending 31/03/2022 be approved and adopted, and that the Notice of Contributions
be issued to lot owners in accordance with the below schedule;

 Levy Period                        Cost Per Contribution             Due Date
                                    Schedule Lot Entitlement
 01/04/21 to 30/06/21               $1.32                             01/05/2021 Issued
 01/07/21 to 30/09/21               $1.32                             01/08/2021
 01/10/21 to 31/12/21               $1.32                             01/11/2021
 01/01/22 to 31/03/22               $1.32                             01/02/2022

And further, that the Treasurer be authorised to issue the levy notice for the first levy period of the
next financial year as follows:-

 01/04/22 to 30/06/22               $1.36                             01/05/2022
(4 Yes votes)
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