Attachment 2 - Body Corporate Consent · 51997.2399.02

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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