Peregian Springs News Inform know grow Volume 3. Issue 8.
May 2018
SPEAKING OUT: Ridges residents start to gather for an informal meeting to discuss the Principal Body Corporate AGM held at Peregian Beach in late April.
Residents seek answers RIDGES resident homeowners have called for more transparency and more involvement in the running of the body that controls the Ridges and Pavilions schemes, the Ridges Principal Body Corporate (PBC), concerned to ensure levy payers are left in a positive position ahead of Developer FKP Residential (Aveo) departing from the Scheme when there is no more land in Ridges to sell. The Developer’s departure is projected to be in the next two years and many resident homeowners are frustrated with an apparent lack, within the existing body corporate structure and arrangements, to have an input into decisions at the top PBC level which they say means they don’t get
an effective say in decisions currently being made by the Corporate-led PBC which are likely to have an effect on them as levy payers long after the Developer leaves the Scheme. The concerns come as the PBC met for it’s annual AGM at Peregian Beach Community House on April 20 to vote on a number of motions to determine the running of the Scheme for the year ahead. Motions included such things as who’ll be on the committee and what the budget will be, as well as a number of others potentially shaping the future of the overall Scheme such as whether a special levy is needed to clear an administrative fund deficit and potential transitional arrangements for when FKP/ Aveo leaves.. Continued p4
Peregian Springs News, April 2018