Considering the absence of audited financial statements for the past several years, and a number of serious concerns of residents, a written request was made to the board prior to the Annual General Meeting, to address these concerns by acknowledging this written request at the meeting, and provide assurance that this information would be provided within thirty days following the meeting.
No such acknowledgement or assurance let alone mention, was provided at the AGM. The board is once again reminded that the Bylaws of the Corporation and the Condominium Property Act require disclosure of all information that was requested in this written request, as it is all most relevant to the questions and concerns of unit owners.
The refusal of the board to recognize the Corporation’s legal obligation to provide an audit and make available, this requested and relevant information, is of very serious concern to those residents that do in fact require such information in responsible management of their personal finances.
This request for information was made to the Board prior to the Annual General Meeting and is referenced below: