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Monday, August 2, 2010

At the Parkside (TSCC 1446) AGM

This year, the AGM (Annual Genreal Meeting) of TSCC 1446 (880 Grandview Way, also known as Parkside) was held on June 30, 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.

Another usual invitee is the auditor. The auditor for TSCC 1446 is Adams & Miles LLP, represented by John Warren.

There were 34 unit owners present in person, 28 unit owners present by proxies, with a total of 62 unit owners present, representing close to 42% of all units. There are 148 units in 880 Grandview Way.

Customarily Del also sends a District Manager to be present at the AGM. In the past many years, it had been Catherine Murdock, a District Manager with Del Property Management.

After the incident at the 2008 AGM (See below), the Board has explicitly requested Del Property Management to send any District Manager other than Catherine Murdock. Last year, it was Michael Sentenai, and this year, it was Michael Sentenai again. Michael Sentenai was the Property Manager at the Grandview residential complex prior to being promoted to a District Manager.

This year, two director positions are up for election. David Yung (then President) and Johnny Hui (then Treasurer) did not seek for re-election. Two people indicated their intention to run for the director positions, and the AGM package included their resumes.

One of the two candidates is Andy Chang, a new name and a new face. The other candidate is David Grader, an old name and an old face that many residents of Parkside 880 randview Way are familiar with.

David Grader’s resume indicates that he is a retired lawyer, and he had been the President from October 2002 to March 2009.

In recent years, as many residents recall, the AGMs have always been held in June each year and that is the only time directors are being elected. Some residents wondered why David Grader served until March 2009 (not until June 2009 as it should have been).

It was because at the 2008 AGM, Catherine Murdock (Del’s District Manager present at the AGM) grossly misinterpreted the Condominium Act, thus distorting the true election results. So, David Grader had been illegitimately (if not illegally) elected as a Director and served as President from June 2008 to March 2009.

After some legal ramifications, David Grader had to resign in March 2009. Then three months later in June, he ran again but lost. This year he ran again.

Andy Chang, as his resume indicates, works in the financial sector, and apparently has the enthusiasm to serve the community of Parkside.

At the AGM meeting, two more candidates expressed their intention to run for the position of director, and their resumes were distributed at the meeting: Peter Jung, a resident owner, and Paran Namasivayam, a non-resident owner, who was not even present in person at the AGM.

During the nomination process before the election, Simon Li (then Secretary) urged Johnny Hui (then Treasurer) to run again and nominated Johnny Hui, but Johnny Hui declined being nominated.

After the election, Andy Chang and David Grader were elected as directors. Andy Chang had the most votes. Peter Jung lost to David Grader by just three votes.




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1 comment:

  1. David Grader is a retired lawyer, so he should know that he being elected at the 2008 AGM was invalid. I wonder, why would he want to stay on until being forced to resign? Why did he keep trying to get back to the board?

    I guess if he admitted the invalidity of his election, he would not be elected a board director. It occurs to me that he might have traded off his professional ethics for his personal interests. And along the same line of thought, I wouldn't be surprised that if he might be willing to trade off the condo's interests for his own interests. Perhaps that's why he kept trying to get back to the board.

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