JUNE 2021 | VOLUME 6 | ISSUE 9
PEREGIAN SPRINGS
NEWS
INFORM • KNOW • GROW
DECKCHAIR PLAY Take a seat and enjoy the ride
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Who will own the Ridges Recreation Club one a current agreement ends is expected to be resolved by the end of September after a recent AGM vote.
CLUB CLARITY SOUGHT HOMEOWNERS IN RIDGES ARE A STEP CLOSER TO KNOWING THE FUTURE OF THE RECREATION FACILITY WITH A BREAKTHROUGH VOTE AT THE RIDGES PRINCIPAL BODY CORPORATE AGM LAST MONTH.
Ridges Developer, FKP Residential Pty Ltd (formerly a subsidiary of Aveo Group since acquired by Canadian Investment Fund, Brookfield) own the Recreational Facility on The Avenue and Ridges homeowners pay for access as Peregian Springs News - June 2021
part of their Body Corporate fees. It was unanimously agreed that before 26 May, the PBC engage with the Developer to clarify whether the Recreational Facility Access Agreement will be renewed or whether the Rec Club will be sold to the PBC as an asset. The vote to seek clarity comes after several years of debate around the Rec Club and how much its management and running costs would cost each Body Corporate fee paying resident in Ridges to maintain into the future. Continued, page 4
COAST CARERS Locals helping dunes to thrive
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WILD WEST Check out the sites at South Dakota
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