Attachment 2 - Body Corporate Consent · 51997.2399.02

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Minutes of the Annual General Meeting for Riverside Noosa CTS 26987 held 23 August 2023

 

ANNUAL BUDGET - Ordinary Resolution

That the Proposed Budget for the year ending 31 May 2024 be adopted and the resultant
Administrative Fund levy at the rate of $298.61 per lot entitlement (gross before discount) totalling
$81,820.44 inclusive of GST and the Insurance Fund Levy at the rate of $62.48 per lot entitlement
(gross before discount) totalling $30,988.67 inclusive of GST and the Sinking Fund levy at the rate
of $138.89 per lot entitlement (gross before discount) totalling $38,055.11 inclusive of GST as
detailed in the attached budget papers be determined and further that the above levies, if approved,
be subject to a discount of 10% if paid on or before the due date.

MOTION CARRIED YES —7 NO-0 ABSTENTIONS — 0

INSURANCE - Ordinary Resolution

That the insurance policies currently in place be considered and that the Committee be authorised to
renew the insurance policies for the following year according to the arrangements approved by the
meeting. The current insurance details are:-

Building Sum Insured $ 7,835,128
Public Liability $20,000,000
Office Bearers Liability $ 1,000,000
MOTION CARRIED YES -7 NO-0 ABSTENTIONS — 0

BODY CORPORATE MANAGEMENT - Ordinary Resolution-Without the use of Proxy
Forms

That SOUND BODY CORPORATE MANAGEMENT PTY LTD ABN 96 154 672 116 Trading as
Sound Body Corporate Management be appointed to the position of Body Corporate Manager,
pursuant to Section 125 of the Body Corporate and Community Management (Accommodation
Module) Regulation 2020 for a period of One year from 23 August 2023 at a fee of $2,950.00 plus
GST in the first year and in the terms of the Body Corporate Management Agreement submitted to
the Body Corporate and attached hereto and that a member of the Committee be authorised to
execute under seal such agreement on behalf of the Body Corporate.

MOTION CARRIED YES —7 NO-0 ABSTENTIONS - 0
REMOVAL FOR UNAPPROVED SHED LOT 6 - Ordinary Resolution- Submitted _by the
Committee

That the Body Corporate resolve for the unapproved shed located on the external balcony of Lot 6
(Unit 2) to be removed at the lot owner’s expense.

MOTION CARRIED YES —5 NO-1 ABSTENTIONS — 1

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Minutes of the Annual General Meeting for Riverside Noosa CTS 26987 held 23 August 2023

 

10.

1.

 

FOLDING ARM AWNING - Ordinary Resolution — Submitted by the owners of Lot 7 (Unit 3)
Mr P & Mrs D Sachs

That the Body Corporate permits the owners of Lot 7 (Unit 3) Mr P & Mrs D Sachs to install a
folding arm awning to the front balcony their lot as described in the application attached hereto on
the following conditions:

AND FURTHER THAT the authorisation granted pursuant to this motion is subject to and
conditional upon the following;

1. that the improvement is in accordance with the description provided to the Body Corporate;

2. that the owners of Lot 7 (unit 3) are responsible to meet the entire cost and expense of the works
and the on-going maintenance, replacement and all future associated costs of the improvement;

3. that approval is subject to the owners of Lot 7 (unit 3) providing Riverside Noosa Body
Corporate with a copy of Council Building Approval and Building Certification Permits from
Pacific BCQ Certifier PRIOR to installation of the awning;

4. that the installation does not compromise any safety standards or fire regulations of the
building including OLD Cladding regulations;

5. the owner of Lot 7 (unit 3) indemnifies the Body Corporate against any claims arising from the
works project;

6. any damage caused to common property as a result of Tradesmen being reimbursed by Lot 7
(unit 3)

7. that all Tradesmen engaged in the works are qualified, licensed and holding the required
Contractors All Risk, Public Liability, Workers Compensation insurances for the works and that
all Workplace Health and Safety Standards are maintained at all times;

8. that the owners of Lot 7 (unit 3(indemnify the Body Corporate against any claims arising from
and in connection with the works, including any damage caused to the common property;

9. that the owners of Lot 7 (unit 3) provide appropriate consultation with the contractors in relation
to contractor parking to ensure that the access to the property is not impeded in any way;

10. that all workplace, health and safety standards are maintained at all times.

11. That the Body Corporate is provided a works schedule detailing noise related days and times
in order for owners to update their guests and letting agents (requesting 7 days’ notice in
advance).

MOTION CARRIED YES -7 NO-0 ABSTENTIONS — 0

INSTALL REFLECTIVE WINDOW FILM - Ordinary Resolution — Submitted by the owners
of Lot 7 (Unit 3) Mr P & Mrs D Sachs

That the Body Corporate permits for the owners of Lot 7 (Unit 3) Mr P & Mrs D Sachs to install
dual reflective film tint in “colour silver grey” with reflective qualities providing ultra-low
reflectivity in low light conditions (Sky 20) to the internal bedroom windows, road facing lounge
windows and glass sliding doors of their lot as detailed in the application documents as attached
hereto;

AND FURTHER THAT the authorisation granted pursuant to this motion is subject to and
conditional upon the following:

that the works are in accordance with the description provided to the Body Corporate;

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Minutes of the Annual General Meeting for Riverside Noosa CTS 26987 held 23 August 2023

 

2. the owners of Lot 7 obtaining and complying with any applicable local authority requirements prior
to the commencement of works;

3. that the owners of Lot 7 (unit 3) are responsible to meet the entire cost and expense of the works and
the on-going maintenance, replacement and all future associated costs of the improvement;

4. that the reflective film does not present a visual nuisance to another lot owner or occupier in the

scheme;

that the installation does not compromise any safety or compliance standards of the building;

6. the owners of Lot 7 indemnify the Body Corporate against any claims arising from the reflective

internal window film installation;

that all Tradesman being qualified, licenced and holding the required insurances for the works;

any damage to the Common Property as a result of Tradesman being reimbursed by the owners of

Lot 7;

9. all mess including dust being cleaned immediately, no brushes, buckets etc. are to be washed or
rinsed out on the common property;

10. all workplace, health and safety standards are maintained at all times and appropriate consultation for
trades car parking is arranged.

oa

es

MOTION LOST YES —2 NO-4 ABSTENTIONS — 1

Meeting Note: Following discussions held owners advised they felt that the aesthetics of the building
would be affected by installation of reflective film, however owners attending would support an
application to the body corporate committee for installation of internal shutters should this be an option.

GENERAL BUSINESS
1. The Body Corporate Manager will request a quotation from the Caretaker to clean the common
property roof awnings located by Unit 8 carpark area and arrange replacement of common area stair
treads damaged by the previous owner of Lot 9 during their renovation works.

2. Committee Member Glen Wilcox will arrange an alternate quotation for the repairs required to the
balcony screening to units 7 and 8 for committee review.

3. The Body Corporate will forward quotation from contractor Sam Allman Electrical in the amount of
$250.00 plus GST to install lockable lids to the two common property power points located in
Elizabeth Street common property car parks to seek approval. The meeting noted that this would
prevent EV charging of vehicles. Each lot owner will receive a key, both locks are keyed alike.

 

ELECTION OF OFFICE BEARERS
The following nominations were received and are duly elected in accordance with the Act;

Executive Members of Committee:

CHAIRPERSON Mr Craig O’Neill
SECRETARY Mr Les Lewis
TREASURER Mr Philip Sachs
Ordinary Members of Committee Mr Mark Hind
Mr Glen Willcox
Mrs Jane Wilson

MEETING CLOSURE
As there was no further business the meeting closed at 11.05 am.
CHAIRPERSON

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RIVERSIDE NOOSA CTS 26987

ADOPTED ANNUAL BUDGET
FOR THE YEAR ENDED 31 MAY 2024
ADMINISTRATIVE FUND 2023 2024
Accountancy Fees $1,010 $1,010
Bank Charges $3 $0
Body Corporate Administration $2,950 $2,950
Cleaning Grease Trap- Suttons -Reimburse Lot 1 & 2 $0 ($1,974)
Cleaning Grease Trap- Suttons $1,974
Cleaning Common Area Walkways $450 $400
Cleaning Supplies $1,484 $1,490
Clean Gutters / Awnings $920 $950
Fees & Permits $420 $450
Gas $317 $350
Grounds & Gardens/Common Area /Pool-Caretaker plus 7% $39,641 $42,415
Grounds & Gardens - Supplies/Mulch $528 $550
INSURANCE - ACTUAL $17,878 $25,354
Light & Power 20% variance $4,266 $5,119
MAINTENANCE.
Barbecue $0 $100
Doors, Keys & Gates $0 $150
Driveway, Paths & Carparks $0 $100
Electrical $270 $300
Fire Protection $1,581 $1,600
General $60 $300
Pest Control $804 $810
Plumbing $610 $600
Pool - Repairs & Servicing $778 $850
- Chemicals $550 $600
Roof-Safety Ladder Certification $0 $550
Signs $180 $0
Management Fees Additional Services/)VOCM $1,740 $500
Meeting Expense $0 $0
Disbursements $1,200 $1,100
Rates - Local Council-Unity Water Common Property $1,446 $1,500
Refuse Costs $120 $150
Bin Cleaning $1,220 $1,250
Service Equipment/Toilet Sanitary $1,253 $800
TOTAL ADMINISTRATIVE EXPENSES $81,679 $92,298
ADMINISTRATIVE LEVY LESS INSURANCE $66,944
plus GST $6,694
$73,638
Discount 10% $8,182
Total Administrative Fund Levy $81,820
INSURANCE LEVY $25,354
plus GST $2,535
$27,890
Discount 10% $3,099
Total Insurance Fund Levy $30,989
SINKING FUND as per Forecast $31,136
plus GST @ $3,114
$34,250
Discount 10% $3,806

Total Sinking Fund Levy $38,055

   

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RIVERSIDE NOOSA CTS 26987
ADOPTED ANNUAL BUDGET
FOR THE YEAR ENDED 31 MAY 2024

TOTAL CONTRIBUTION ENTITLEMENTS = 274
TOTAL INTEREST ENTITLEMENTS = 496

The levy for each Lot entitlement is: Admin. Fund $298.61
Sinking Fund $138.89
Insurance Levy $62.48

Each lot has different entitlements
- Lots 1, 2 & 3 (Contribution Entitlements = 22, Interest Entitlements = 50)

Levy Period Admin Fund Sinking Fund — Insur. Levy
1-06-23 to 30-11-23 $3,248.01 $1,240.47 $1,101.17
1-12-23 to 31-05-24 $3,321.51 $1,815.05 $2,022.69

$6,569.52 $3,055.52 $3,123.86
- Lot 4 (Contribution Entitlements = 20, Interest Entitlements = 36)

Levy Period Admin Fund Sinking Fund _ Insur. Levy
1-06-23 to 30-11-23 $2,952.74 $1,127.70 $792.84
1-12-23 to 31-05-24 $3,019.56 $1,650.05 $1,456.34

$5,972.30 $2,777.75 $2,249.18
- Lot 5 (Contribution Entitlements = 25, Interest Entitlements = 47)

Levy Period Admin Fund = Sinking Fund __Insur. Levy
1-06-23 to 30-11-23 $3,690.92 $1,409.63 $1,035.10
1-12-23 to 31-05-24 $3,774.45 $2,062.55 $1,901.33

$7,465.37 $3,472.18 $2,936.43
- Lot 6 (Contribution Entitlements = 25, Interest Entitlements = 49)

Levy Period Admin Fund Sinking Fund _Insur. Levy
1-06-23 to 30-11-23 $3,690.92 $1,409.63 $1,079.15
1-12-23 to 31-05-24 $3,774.45 $2,062.55 $1,982.23

$7,465.37 $3,472.18 $3,061.38
- Lot 7 (Contribution Entitlements = 25, Interest Entitlements = 51)

Levy Period Admin Fund = Sinking Fund _Insur. Levy
1-06-23 to 30-11-23 $3,690.92 $1,409.63 $1,123.19
1-12-23 to 31-05-24 $3,774.45 $2,062.55 $2,063.15

$7,465.37 $3,472.18 $3,186.34
- Lot 8 (Contribution Entitlements = 25, Interest Entitlements = 53)

Levy Period Admin Fund — Sinking Fund _Insur. Levy
1-06-23 to 30-11-23 $3,690.92 $1,409.63 $1,167.24
1-12-23 to 31-05-24 $3,774.45 $2,062.55 $2,144.05

$7,465.37 $3,472.18 $3,311.29
- Lot 9 (Contribution Entitlements = 22, Interest Entitlements = 26)

Levy Period Admin Fund Sinking Fund insur. Levy
1-06-23 to 30-11-23 $3,248.01 $1,240.47 $572.61
1-12-23 to 31-05-24 $3,321.51 $1,815.05 $1,051.80

$6,569.52 $3,055.52 $1,624.41
- Lot 10 (Contribution Entitlements = 22, Interest Entitlements = 27)

Levy Period Admin Fund Sinking Fund — Insur. Levy
1-06-23 to 30-11-23 $3,248.01 $1,240.47 $594.63
1-12-23 to 31-05-24 $3,321.51 $1,815.05 $1,092.25

$6,569.52 $3,055.52 $1,686.88

 

Total Levies
$5,589.65
$7,159.25

$12,748.90

Total Levies
$4,873.28
$6,125.94

$10,999.22

Total Levies
$6,135.65
$7,738.33

$13,873.98

Total Levies
$6,179.70
$7,819.23

$13,998.93

Total Levies
$6,223.74
$7,900.15

$14,123.89

Total Levies
$6,267.79
$7,981.05

$14,248.84

Total Levies
$5,061.09
$6,188.36

$11,249.45

Total Levies
$5,083.11
$6,228.82

$11,311.93

 

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RIVERSIDE NOOSA CTS 26987
ADOPTED ANNUAL BUDGET
FOR THE YEAR ENDED 31 MAY 2024

- Lot 11 (Contribution Entitlements = 22, Interest Entitlements = 28)

Levy Period Admin Fund = Sinking Fund _Insur. Levy
1-06-23 to 30-11-23 $3,248.01 $1,240.47 $616.66
1-12-23 to 31-05-24 $3,321.51 $1,815.05 $1,132.70

$6,569.52 $3,055.52 $1,749.36
- Lot 12 (Contribution Entitlements = 22, Interest Entitlements = 29)

Levy Period Admin Fund Sinking Fund — insur. Levy
1-06-23 to 30-11-23 $3,248.01 $1,240.47 $638.68
1-12-23 to 31-05-24 $3,321.51 $1,815.05 $1,173.16

$6,569.52 $3,055.52 $1,811.84
TOTAL LEVIES

Levy Period Admin Fund Sinking Fund _Insur. Levy
1-06-23 to 30-11-23 $40,452.49 $15,449.51 $10,923.61
1-12-23 to 31-05-24 $41,367.95 $22,605.60 $20,065.06

$81,820.44 $38,055.11 $30,988.67

Interim Levy 01/06/24

Lots 1,2 &3 $3,284.76 $1,527.76 $1,561.93
Lot 4 $2,986.15 $1,388.87 $1,124.59
Lot 5 $3,732.68 $1,736.09 $1,468.21
Lot 6 $3,732.68 $1,736.09 $1,530.69
Lot 7 $3,732.68 $1,736.09 $1,593.17
Lot 8 $3,732.68 $1,736.09 $1,655.64
Lot 9 $3,284.76 $1,527.76 $812.20
Lot 10 $3,284.76 $1,527.76 $843.44
Lot 11 $3,284.76 $1,527.76 $874.68
Lot 12 $3,284.76 $1,527.76 $905.92

Total $40,910.22 $19,027.56 $15,494.34

 

Total Levies
$5,105.14
$6,269.27

$11,374.44

Total Levies
$5,127.16
$6,309.72

$11,436.88

Total Levies
$66,825.61
$84,038.62

$150,864.23

$6,374.45
$5,499.61
$6,936.99
_ $6,999.47
$7,061.94
$7,124.42
$5,624.73
$5,655.96
$5,687.20
$5,718.44
$75,432.12