AGM

[Dove]

Hi all,

Just wondering if it is worth starting a discussion on the forthcoming AGM.
Got our Directors' Report and Financial Statement in the post today and it is way over my head
Can any one else make sense of what it is I should be concentrating on?
Are many of ye guys going to the AGM?

[dilemma]

Hi Dove,

I was thinking the same thing, spent about half an hour last night trying to make sense of it. On the last page I think it was it had some outrageous figure for security €150k or something like that. Is that correct? As I said I am probably reading it wrong.

Would it be a good idea for residents to meet in Hilton at some stage before the AGM to discuss?

[dilemma]

Also, has anyone else noticed that the cleaners aren't coming around to do the common areas ie the landings in the apartment blocks ? Mine hasn't been cleaned in weeks...

[fasteddie]

Yeah saw the 150k for security I bet we are paying for that security who minds p7

[Dee]

Should all residents have received a copy of these figures?

[Dove]

I hope everyone will receive a copy, probably in the post and you will get it in the morning. Just seen that figure for security as well, I think that applies to when we had security back in 2007-2008. We do not have the figures for year ending 2009. Should we? does anyone know how these things work. It is important to take an interest, I think or these people could walk all over us. I see that wally Caulfield had the good sence to resign. Anyone know who these other directors are? I am assuming the Stanleys are related. Are any of the directors from Shannon Homes? A lot of those figures appear high considering the service we have been getting. Having said that I am no expert and could be way off. I can only hope that KPM are considering different quotes for services. Things have to be cheaper now.

[Stephen]

Hey

Should these include p7? Just on another note I am a qualified accountant and prepare accounts for mgmt companies along with other companies, so if anyone has queries or need anything explained, email me a set along with queries and I will answer them for you.

Thanks

Stephen

[Alan]

didnt get anything in the post myself, when is the AGM on? and where?

[Dove]

Alan, the AGM is being held in Graingers pub in Baldoyle on tuesday 17th August at 7pm.
Agenda as follows

Expenditure for Financial Year End 31/05/2008
Income and Expenditure and Balance Sheet
Appointment/Reappointment of Auditors
Resignation of Current Directors
Appointment of New Directors
Any Other Business

There is a proxy form attached for those who can not attend enabling some one else to vote on their behalf.

[Dove]

Guys, just on that proxy form. Is it one vote per household?

[fasteddie]

I have never been to one, what do we have to vote on?

[Dove]

Never been either fasteddie! Maybe some one will enlighten us. Do we vote on Directors...hmmm I doubt it.

[Stephen]

Hi

yeah it would be one per household as essentially each house/apt is one vote. As for voting directors in from past experience it generally is a few years till you get rid of the developer directors as they generallyhave the most votes due to unsold apartments. Is everyone going to attend it?

[fasteddie]

Who's the top top man Now is it Stanley or is donal caufield still pulling the decisions on what happens next?

[juless51]

Dilemma Our apartment block was only cleaned yesterday for the first time in about 3 weeks, is absolutely disgusting! used to be done every week!

Looking at the reports, it looks like 2 Stanleys are the main directors! Seems like a complete conflict of interest if you ask me! Think as many residents as possible should go to this though, might be the only chance to get some answers and get stuff done!