Time to Reduce $80,000 Plus in Caretaking Costs!

Residents were recently advised that our caretaker will be gone as of August 31st. Residents have been advised on numerous occasions over the past two years that a new caretaker was being sought. It appears that no effort has been made during this period to find and ensure a replacement.

There is an opportunity to finally correct the many caretaker issues we have experienced in the past ten years. For many years, the caretaker has been overpaid while his duties have been drastically reduced. As a result, substantial contractor costs have been incurred to make up for this reduction in duties. An additional $20,000 would be a conservative estimate of these additional annual costs. With the caretakers cost for a number of years at $80,000 plus this $20,000, the annual caretaker costs have as a result have essentially been $100,000 plus. Obviously, there is an opportunity to save tens of thousands of dollars.

A resident review of invoices in 2015 revealed that the caretaker was spending time providing private services to the commercial units, often at the expense of the Corporation. For many years, caretaker services contracted by the Corporation were strictly for common area services and not for services provided within condominium units. This practice must resume immediately. The new caretakers duties should include inside common area and ground services only and should not be available to provide service to any individual unit. A separate service source for miscellaneous in unit services could be arranged and their contact information provided to all unit owners.

There are numerous contracting options available including:

  1. Caretaker provides common area cleaning only.
  2. As per #1 but providing the living quarters to the caretaker
  3. As above, but the caretaker provides specific inspection and maintenance duties at prescribed hourly rate.

A contract must ensure that the duties of the caretaker are sufficiently described. Regular inspections and enforcement of building regulations (ie. parking) must be included as well.

It is suggested that a pre AGM meeting be held to cover not only the Reserve Fund Planning matter, but also to hear the input of unit owners regarding a caretaking contract. In the meantime, temporary cleaning services can easily be arranged.

Board Rejects Approval of 2020 Reserve Fund Study!

On November 3rd, 2019 shortly after the Annual General Meeting, an article was posted to Spadina News Center regarding the actual status of the Corporation’s finances and the rather urgent need for address of the Board including a responsible financial plan. Unit owners were further advised at that time that they would be provided with an update from Spadina News Center of the current status of this matter once the 2020 Reserve Fund Study was received. The Study was in fact submitted to the Board for its review in the spring of 2020 however the Board has now going into fall, continued its refusal to approve the Study and presentation of the Study to residents as offered by Brunsden the preparer of the Study. It is imperative that the Brunsden present the Study to a General Meeting of unit owners to ensure a qualified and professional review.

It would be prudent and in the best interest of all unit owners for the Board to arrange for distribution and presentation of the 2020 Study to unit owners well in advance of the 2020 AGM so that everyone has the opportunity to become familiar with the status and extent of current and future capital expenditures that will be affecting their personal finances. Such a meeting would provide an opportunity for the Board to be in a position to prepare and present for approval at the AGM a three to five year funding plan for Reserve Fund expenditures that recognizes the current Reserve Fund Study and the input of unit owners.

SCC Board Refuses Bulletin Board Communication For Residents!

During the current 2020 fiscal year, management and the Board of the Spadina Condominium Corporation has prevented the posting of an information bulletin board to be displayed in the residential lobby. The previous bulletin board was suddenly removed early in the year. Objections to the removal of the bulletin board have been expressed over the past year with no Board response provided. Management did respond, but simply advised that they had no idea why the bulletin board was removed and expressed no interest in its replacement. This of course speaks well of the position of both management and the Board.

It appears that residential Board members have again succumbed to the illegitimate instructions to management to disallow the democratic and convenient means of a simple bulletin board communication to our resident community of building activities.

As a result of the continued removal from the previous bulletin board, of an information advisory of NEWS POST’s from https://dennistofin.com/, a post was made (using tape) next to the mail boxes. This posting was repeatedly removed by someone for several days until such time as it was no longer posted. The message posted and removed simply advised website access information.

www.spadinanewscenter.com.