Category Archives: Directors meeting

Directors’ Meeting

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Directors’ Meeting 18th September 2018

The Directors of Regatta Point Freehold Limited met for a regular meeting to discuss various matters arising in the running of the building.  

The following are highlights of the discussions:

  • Following on from detailed discussion about significant increases in running costs, the need to increase the contributions to the Reserve Fund and how this was off-set by a one-off reduction in insurance costs the Directors agreed to set the service charge budget at roughly the same level for the following financial year. It was noted that this is not expected to be maintained going forward.
  • The windows project was discussed at length as it is now at the point where bills can be issued to Owners. It was decided to further engage with Owners by creating a lobby display and accompanying website to explain the project and encourage more feedback.  Informal letters containing bill estimates would be sent out prior to the Directors formally committing to the project and issuing bills.
  • The state of the pier decking was discussed as the dry summer had highlighted the poor state of repair of some planks. Investigation started to explore way forward.

Next meeting 20th November 2018

PLEASE NOTE THE ANNUAL RESIDENTS’ BRIEFING IS SCHEDULED FOR TUESDAY THE 11TH OF DECEMBER AT 19:30 IN THE LOBBY

Date for your diary

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Please make a note in your diary that the Annual Residents’ Briefing is scheduled to take place on Tuesday the 11th of December at 19:30 in the lobby.

The Directors will recap 2018 and look forward to events in 2019 and take any questions that people attending might have.  Major topics will include the state of our finances, significant increases in running costs, security and of course the windows project.

Please try and come along as they are usually very informative and social sessions.  As a bribe we will be offering a little light refreshment afterwards for those who wish to hang around.

Directors – Regatta Point Freehold Limited

Directors Meeting – June 2018

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Directors’ Meeting 6th June 2018

The Directors of Regatta Point Freehold Limited met for a regular meeting to discuss various matters arising in the running of the building.  

The following are highlights of the discussions:

  • Roadside windows project has been delayed again over the issue of obtaining quotes for some elements of the works but the intention is to continue with the project and send out Section 20 letters as soon as possible.
  • New Fire Alarm – HML are to obtain more competitive quotes
  • Electric Car charging points – it was decided that this development has to be set up on a standalone basis and those people who expressed an interest will be written to explaining the way forward.
  • It was decided that tables would be purchased for the garden.
  • The Directors unanimously agreed to renew our Caretaker’s contract for another year.

Next meeting 11th September 2018

Directors’ Meeting

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Directors’ Meeting 18th September 2017

The Directors of Regatta Point Freehold Limited met for a regular meeting to discuss various matters arising in the running of the building.  The following are highlights of the discussions:

  • After considerable discussion on each spend area item the budgets for 2017/18 were approved with an overall increase of 3.5%. Explanatory letters are to be sent to residents.
  • Bad debtors were reviewed and Shaws have been instructed to issue solicitors warning letters and seek County Court judgements without favour. The reclaiming of a car park lease is to be pursued through bankruptcy proceedings.
  • Requests for additional car park electrical charging points are being investigated and are proving very time consuming and complex.
  • A new Fire Policy is being developed in light of the need to upgrade the existing system.
  • Roadside windows project has seen formal planning applications going to the council (but not yet approved) and the tender process is ready to go ahead for installation next Spring/Summer.
  • The Annual Residents’ Briefing will be held on December the 5th at 19:30 in the lobby

 

 Next meeting 5th December 2017