Last night at our Annual General Meeting (AGM) owners had a in depth discussion on our recent Depreciation Report and the need to increase our Contingency Reserve Fund (CRF) over the next few years as we prepare for some major expenses (which will be paid from the CRF) that we …
From time to time residents purchase items and/or carry out services on behalf of the strata corporation, which, if approved, are reimbursed. In order to maintain financial transparency and good recordkeeping, residents are asked to complete a standard form to accompany their receipts. These forms have been updated to include …
The amended 2021-22 Budget and Monthly Fee Schedule have been uploaded to the website and can be found on the Budget and Depreciation Report webpage. For those who prefer, here is a direct link the the Month Fee Schedule.
Our strata corporation insurance renews on December 1. When we receive the renewal documents they will be posted on our website’s insurance page. We would like to bring to your attention that the strata corporation’s policy’s All Perils Deductible will be going up to $10,000. Therefore if you have Condominium …
In order to help keep our Strata Corporation Insurance costs down, we would like to submit two things to our insurance broker: A list of the ages of the hot water tanks in each of our units. Insurance companies look favourably on stratas where the hot water tanks are under …
This year, after reviewing our options, Council chose to switch our strata insurance policies to Waypoint Insurance. They offered us comprehensive insurance coverage at a competitive price. Our new strata insurance policies come into effect on December 1, 2019. PDFs of the policies are available on our website: Insurance Waypoint …
