Saturday, November 28, 2015

new MC line up, new Sinking Fund, new Project

AGM was held smoothly on the Saturday evening, started at 8.30pm & ended at abt 10.30pm.

we would like to thank those who made an effort to attend despite of bad weather, but also understand that some residents wanted to attend but can't make it due to various reasons, overall it was a fruitful meeting with our residents.

3 major decisions made during the AGM,

first, there will be collection of RM10 each unit every month starting January 2016 as the new Sinking Fund, the purpose of having this new sinking fund is to get ourselves ready shall state gov't give approval to our future request in those major repair or upgrade on our facilities such as lifts, water tanks, main pipes & building repainting, as you know we need to contribute 20% of the total cost as the state gov't will bear 80% for low medium cost apartment like Vista Condo.

second, the residents also voted to go ahead to apply fund from the state gov't to replace all the main water pipe which channel water from the roof top water tanks to each unit, in total there are 16 main pipes need to be replaced, we estimate the total cost is amounting to about RM400K, so if we obtain the approval to proceed then we can expect state gov't to absorb abt RM320K & we need to get abt RM80K ready, so this is one of the purpose we set up the new Sinking Fund.

third, residents also have chosen new MC committee members, they are J-16-6 (Isma), J-13-4 (Ah Poh), J-10-3 (Tan), J-11-6 (Cheng), K-16-3 (Morgan), K-17-5 (Ramon), K-10-4 (Deva), K-6-8 (Megam), total is 8, the new MC members will meet to decide on the new office bearers, namely chairman, secretary & treasurer, also the unofficial office bearers such as vice chairman, internal auditor & financial controller, we trust that new MC team will do the good job for our beloved residents :)

may God will give more blessing to Vista Condo in the coming years, thanks.

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