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'Rejuvenate'
the Board at AGM
In
a move to rejuvenate the Board of the Management Company, the next annual
general meeting will be asked to replace the present Board with three
professionally experienced shareholders. A number of the existing Board members
will then be asked to continue to serve.
Paul
Duffy, Simon Hollingworth and David
Bush have put a series of motions forward intended to improve the
decision making process and the overall management of the estate. Detailed
proposals, that will be sent to property owners in the next month, include
opening up the company to more democracy and ceasing the micro-management of the
estate by directors which is clearly failing. They are in favour of empowering
the managing agents to work within budgets and policies set out by the Board.
The
proposers also promise more transparency and intend to use this website to
communicate with residents which has not been the case since Christine
Inglis resigned from the Board.
The
proposals will be published in detail, prior to the AGM in January, together
will the reasons for them. History suggests that the present Board may not
choose to contribute on the basis that it may add "credibility". But,
Londonyard.com will continue to try to give a balanced view.
Painting
Begins
After
much delay, the external painting began in early November with blocks 1-11 and
13-63 Amsterdam Road.
The
painters from Kelly Ltd are hoping for good weather to see as much done as
possible before the winter sets in.
The
Board authorised the painting to begin which will be welcome news to owners
attending the forthcoming AGM. It wasn't considered necessary to appoint a
project manager to ensure quality of work and materials.
Your
Councillors
Cllr.
Brian Son suggested that the councillors' details should be included
on the website - so here they are.
If
you need help or advice on any issue that may involve Tower Hamlets Council or
its services, they are always willing to help.
You
can meet them at their Ward surgeries:
Every Saturday 2 - 4 p.m. at Cubitt Town Library, Strattondale Street. No
appointment necessary. |
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Under
Pressure
November
brought a lack of water pressure to London Yard. Residents awoke to find there
was little or no water coming from their taps and showers.
Thames
Water responded to calls from residents with a denial that there was a problem.
It took much persistence from residents before Thames Water admitted that they,
"are doing water pressure testing in the area at the moment overnight and
this involves the water being off for a length of time. When we switch it back
on (by 6am) it takes a while for the pressure to build up hence the problems at
the moment."
It
is understood that because of new building on the Island the pressure has to be
rebalanced. The number of residents of the Isle of Dogs has increased from 7,000
to 30,000 in the last 20 years without an increase in water available.
Thames
Water also said that the rebalancing would finish in mid-November. Which it did. |
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Denial.
A river in Egypt.
At each
of the last three AGMs owners have been told that it has all been the fault of
the managing agents and that it will be better this year.
Directors
are now saying similar things, privately, to those who will listen. Owners may
wish to ask themselves whether the problems may lie, in fact, with the Board
itself.
Jonathan
Channing may be dropping in.
Remember
Jonathan,
our favourite managing agent (until Mark)? He left DGA to join Haywards. Now,
Haywards parent company is merging with Wood's parent company. It's a small
world.
Problem?
Check the Forums. Residents suffering from the lack of water pressure during
November were able to keep up to date with events by regularly looking in the Londonyard.com
General Forum. Problem? Check the Forums first. |
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