Dear Tony:

Our strata borrowed a significant amount of money four years ago to fund our roofing project. The payments were set up as part of our annual budget and the work was completed on schedule and on budget.

Our strata council is proposing a resolution at the annual meeting to pay off the loan at the end of the five-year term as the interest on a commercial loan is very high. What type of vote is required to approve the payment?

There is now a sufficient amount of money in the reserve funds along with our operating surplus, but the council is recommending a special levy. Are there options for the owners at the meeting or are we stuck with the resolution the council is proposing?

Dear Barry:

Resolutions, budgets, bylaw amendments and rule ratification are proposals of the strata c

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