President, proxy and party

Today a group of Owners received an email with the President's Report for the 2008 AGM attached together with a proxy form. This evening I have forwarded it to all Owners be email and I trust everyone will receive them properly.

Of great interest is the revelation that the Letter from the Board dated November 22nd but circulated on November 27th was incorrect. In that Letter from the Board Owners were advised that the 2007 Board would be standing in its entirety. Here we are on December 1st being told that one Board member on that list was replaced in early November and that David Salvisburg is now a Board Member.

Supporting documentation has yet to be circulated. Owners need to know who nominated and seconded each nominee and to have sight of both the resume and photo of each nominee, including the present Board members, especially Mr Salvisburg of whom many of us know very little. Owners also need to have sight of the proposed Agenda for the 2008 AGM so that, if necessary, they could submit a motion for debate if the Board has not indicated that subject will be discussed.

I have not had time to consider the President's report in depth yet but on a first quick run through there seems to be no reference to future plans and their prioritisation and no time frame for the completion of outstanding projects around the complex such as the SPG contract or the cabling/wiring channeling or the repairs to the airways in Building 3. In fact, it seems that as 'seeking compensation for breach of contract' on the SPG contract is now underway, the completion of the work recedes even further into the distance.

Just off the top of my head, some previous proposals raised in Owners Forums last winter by the President and/or Treasurer covered:

1. the interior redecoration of all the upper floor corridors,
2. the tiling of the ground floors of Buildings 1 and 2,
3. the building of extra storage areas in the airways of Buildings 1 and 2,
4. access ramps and planters at the entrance at the side of Building 2 (plans drawn up)
5. the incorporation of the Key Club and Conference Room into one room with the development of a patio/garden seating area at the rear
6. the use of polycarbonate sheeting to give shelter to the pool area

just to name some of the improvements that Owners were led to expect would be introduced at some point. It would be useful to know if any of these proposals are still in favour with this Board and what level of priority they would give each one in the light of the funding requirements. In addition, the replacement of the sewage plant was given a good deal of 'forum' time and figures were produced showing substantial savings on the water bills at CBH which would benefit all shareholders. Will Owners be consulted and informed about this major improvement and the time line for it's installation?

Putting the AGM business to one side, let me say that the pot luck party down by the Pool this evening was good. A lot of Owners in residence turned up and there was some excellent food! The balmy evening helped the ambience too. A perfect spot to watch dusk turn into evening. I am sure that Jacques and David, both being so sociable, will be eager to see such a pleasant gathering happen again soon.

I have been told that for those interested in reading Minutes of Board Meetings over the past few years, you can find them on the 'archive' web site - www.coral-beach-hotel.com

And finally for this evening, we have had two lovely sunny days with very little breeze and the solar heating system is definitely warming the inflow water into the pool by a couple of degrees. I am still on the lookout for a thermometer so I can be more accurate. I think that on breezy days the system just cannot cope and so the pool does not get much, if any, benefit.