COSTA NOVA CTS 5565 Minutes of the Annual General Meeting & Adopted Budget - 2024-05-23 · 51981.4258.03

9.   CARETAKING AGREEMENT AND LETTING AGREEMENT - Ordinary Resolution without the
     use of proxies
     MOTION CARRIED.        YES – 13        NO – 0       ABSTAIN – 1

     That, subject to payment of the Body Corporate’s reasonable legal and administrative costs incurred with respect to
     this motion being paid by Lindsay 6 Investments Pty Ltd ACN 604 964 329 (‘the Caretaker/Letting Agent’), the Body
     Corporate consent, by way of an ordinary resolution without the use of proxies, to a variation of the Caretaking
     Agreement and the Letting Agreement both dated 28 September 2006 between the Body Corporate and the
     Caretaker/Letting Agent to:

         a. require the Caretaker/Letting Agent or its related person/s to own a lot within the scheme and further, for the
            person/s who will be conducting the caretaking duties to reside within a lot within the scheme (as requested by
            the Committee), save and except for any relief manager who may reside within a 20-minute drive from the
            scheme;
         b. to amend the definition of ‘Caretaker’s Lot’ to refer to any lot within the scheme;
         c. replace the current occupation authority provisions within each agreement to allow the Caretaker/Letting Agent
            to initiate the process of relocating the reception/office area from its current location to an area of common
            property adjacent to Lot 21 (currently being used by the Caretaker/Letting Agent for storage purposes);

     and further, the Body Corporate consents to entering into and signing under seal the Deed of Variation which is in
     substantially the same form as that attached to this agenda