At the 2019 Annual General Meeting, owners were advised that a Reserve Fund Study would be conducted and submitted to owners in the spring of 2020. The Study was in fact submitted to the Board on May 14, 2020 however the Board has now going into fall, continued its refusal to distribute the study to owners and allow presentation of the Study as offered by Brunsden & Associates the preparer of the Study. It is imperative that Brunsden present the Study to a General Meeting of unit owners to ensure an independent and professional review of the Reserve Fund Study.

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 reserve fund expenditures that will be affecting their personal finances.