Spadina Towers board of directors, refuses resident access to THEIR OWN documents!

Why does our board, contrary to the law, continue to reject resident requests to review invoices and other records of the Corporation? With the failure of the Auditor to respond to serious accounting irregularities and illegal conduct on the part of management and the board, it is now obvious that an Audit committee be established with non board volunteers encouraged to participate.

Spadina Towers has its own bank account. It was established in 2009 at the request of the Board of Directors via resolution. The properties management company, owned by the McClocklins, has however failed to respect the resolution and has directed residents to make any and all payments to THEIR OWN ACCOUNT WHICH IS COMMINGLED WITH OTHER PROPERTIES. The following video presentation explains this procedure which results in a total lack of transparency regarding resident funds and where their money is being spent. Residents should prevent potential fraud by not permitting commingling of their funds and direct their payments to the SPADINA CONDOMINIUM CORPORATION. Please watch the following video!

The national portion of Reserve Fund contributions within monthly condominium fees is 20.3%. The Reserve Fund portion at Spadina Towers is 5.9%!

It is unfortunate that the north driveway rather than the south driveway, is being used as a staging area to facilitate construction of the unapproved and “newly designed” frontage area of the property. The south side driveway was in full use shortly after pouring of the surface. Why was the south driveway not used as a staging area where commerical access is only necessary during the day while residential access is required 24/7/365.

Residents are forced to put up without use of the north driveway, as long as construction is in progress. The inconvenience to residents extends to visitors, health care providers, etc.who require access 24 hours a day.

Further, it is interesting that residents succumbed to the wishes of a few, to spend thousands of dollars “fobbing” doors in the amenities area simply because of one uncorroborated report of “kids” in this area and “liability” issues. Yet, no one has expressed any concern at all, over the wide open access to anyone off the street, that can simply enter the south entrance, get on the residential elevator, and reach any floor they wish.

Residents require access to the building 24/7/365. Unfortunately, they have and will continue to share access with strangers off the street over the entire day. Commercial tenants on the other hand, have unfettered access to the property including parking for their visitors.

It is unfortunate and certainly disrespectful of residents, that the Board has restricted the very irritating racket of concrete drilling to early (7 AM) morning hours, during the noon hour, and after 5 PM in order to, as residents have been advised, “to not make noise at the commercial time”.

It appears that once again, our residential Board representation, has simply bowed to the interests of the commercial owner, and is prepared to simply permit insecurity and inconvenience to their fellow residents.