The Sands Owners Corporation (OC) manages estate services and programs that meet the requirements of the OC Act with sound financial management with the objective of delivering these programs and services efficiently and equitably.
Owners Corporation Committee
The Sands community elects the OC committee annually at its Annual General meeting. The OC committee operates with a number of sub-committees to ensure that the programs and services are managed efficiently and equitably.
The Finance Sub Committee works with the OC Manager (Whittles) to manage the cash inflows (including arrears) and cash outflows and ensure good governance. The Finance Sub Committee oversees the development of the Estate’s financial budget and makes recommendations to the OC committee relating to the investment of surplus funds and the setting of the future years fee structures
The OC committee has appointed a manager, Whittles to assist with the secretarial duties, financial management, property maintenance and audit of the OC trust accounts.
2020 Annual General Meeting
The OC1 accounts are currently being audited and we are hoping to hold the AGM later this year depending on what we are allowed to do given the current COVID-19 restrictions.
There have been a number of motions submitted by residents to be put to the AGM, ranging from the removal of Sheoaks on our nature strips, the enforcement of the no cats in the Sands Estate, provision of the 173 agreement and amendments to the election of committee members.
We also need to consider the ongoing OC fee structure for lot owners, with the current OC1 committee recommendation to reduce the fee for the first two quarters by 50%. There is the potential to extend this reduction if lot owners agreed to a ‘user pays’ model for the Health Club.
We have also suspended the nightly security service monitoring of the Estate given the restrictions to peoples movements and the committees view that there was little benefit from it.
The current committee has the following membership:
- Andy McCauley – Chairman, Communications & Finance
- Mary Ferguson – Deputy Chairman, Communications & Community Initiatives
- Adam Cunningham – Communications & Community Initiatives
- Austin Swain – Estate Maintenance
- Guy Feast – Health Club
- Jan Selvay – Health Club
- Julie Roncon – Communications & Community Initiatives
- Morven Foster – Health Club & Security
- Joel Chamberlain – Strata Manager from Whittles