HAVEN GREEN COURT LIMITED

 

MINUTES OF THE ANNUAL GENERAL MEEETING OF THE COMPANY

HELD IN THE LOWER AMHERST HALL AT HAVEN GREEN BAPTIST

CHURCH AT 7.30 P.M. ON THE OCTOBER 31, 2005

 

Present:          Mr. C. Medazoumian - Chair

                        Mr. S. Arnold - Secretary

                        And    (a)       29 shareholders of the company

    (b)      14 shareholders represented by proxies

 

Attendance:            David Pearse - Estate Manager

 

I.          The  Chair summarised the events which had occurred in the past year.

 

2.         It was suggested by the Chair and agreed by the persons present at the meeting that any matters to be raised and discussed should he dealt with after the formal parts of the Meeting.

 

3.         Minutes of the previous A.G.M.. approved. Proposed:   Mrs. Mahon Seconded:   Mr. Lubbock.

 

4.         Annual Service Charge Accounts approved. Proposed: Mr. Pangalos

Seconded:   Mr. Lubbock.

 

5.         Annual Statutory Accounts of Haven Green Court Limited approved. Proposed:  Mr. Lubbock.   Seconded:    Mr. Raphaeline.

 

6.         No dividend be paid or recommended for payment.

            Proposed: Mrs. Mahon.    Seconded: Mr. Medazoumian

 

7.         Confirmation of Directors remuneration at nil. Proposed: Dr. Kearns

Seconded:   Mr. Lubbock.

 

8.         Appointment of Dr.J Kearns as a Director. Proposer:   Mr. Panaglos Seconded:  Mr. Medazoumian.

 

9.         Reappointment of Mr. Lubbock and Mr. Medazoumian as Directors on their retirement by rotation.

 

10.       Any other business:

 

Questions were raised by Members of the Company concerning the redecoration of the whole of the interior of the building and the re-carpeting of Blocks 2 to 6. The Chair was unable to give detailed replies in relation to the terms of the contract and any retention provisions relating to both contracts.

 

The Chair agreed to make enquiries. The answers would be communicated to Mrs. Butcher and Mrs. Mohan who had written to the Estate Manager and to the Board.

 

The meeting was assured that, despite the problems which had been caused by the failure of Solicitors to draft documentation in relation to the new Lease to be offered to Lessees, the Board would press the matter in the current year.

 

The other matter raised was the possibility of alterations to the Gardens at Haven Green Court. It was confirmed that the matter was under consideration but no decision had been reached. If a proposal was agreed there would be the usual and necessary consultation.