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Tuesday, July 27, 2010

At the Casitas (MTCC 1113) AGM

This year, the AGM of MTCC 1113 (Casitas) was held on Wednesday, June 16, 2010. In addition to the five directors being present, so were the usual invitees: Michael Doherty (Del’s on-site Property Manager), Maggie Yim (Del’s on-site Administrator), and a recording secretary from a minute-taking service company.

Usually Del will also send a District Manager to be present at the AGM. Last year, it was Catherine Murdock, Del’s District Manager, who was also present at last year's AGM. This year, surprisingly, Allan Rosenberg, Del’s Vice-President of Operations, condescended to be present at the AGM.

Another usual invitee is the auditor. The auditor for MTCC 1113 is Adams & Miles LLP, represented by John Warren.

An unusual invitee this year was John Deacon from the law firm Deacon, Spears, Fedson & Montizambert because there were four by-laws to be passed at the AGM: General Operating By-Law, Standard Unit By-Law, Mediation/Arbitration By-Law, and Insurance Deductible By-Law. These four by-laws are either new or replacing existing ones.

It is reasonable to assume that the these by-laws were drafted by the law firm Deacon, Spears, Fedson & Montizambert, and John Deacon's presence was probably to provide any clarifications if needed. The four by-laws were passed as presented at the AGM, and will become effective once registered on title.

This year there were two director positions open: one is the owner-occupied position, and the other one is a regular position. (What is owner-occupied position? click here to find out.)

Since there was only one candidate for each position, so the result was that those two candidates were elected: Debby Nathanson for the owner-occupied director position, and Alan Tam for the regular director position.



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