Wow, what a moment! The Annual General Meeting has wrapped up, and I’m buzzing with excitement to fill you in. It was everything we hoped for: straightforward, efficient, and full of positive energy. Short, sweet, and straight to the point, no endless debates, just clear decisions that move us forward.
The highlight? Our candidates have officially been elected to the board. This outcome speaks volumes: it shows just how much we, as unit owners, care deeply about shaping a better future for our home here at The Fountains. Your participation and votes made this happen, and it’s a powerful reminder of what we can achieve when we stand together.
Looking back, we’ve come a long way in just a few short months. To stay fully transparent, the outgoing auditor confirmed what many of us suspected: our corporation has operated at a deficit for the past two years, and that shortfall unfortunately tripled from 2024 to 2025. On top of that, common fees have risen sharply, averaging more than 10% increases each year over the last three years, yet we still ended up with significant deficits in the last two consecutive years. It’s not the news any of us wanted to hear, but acknowledging it openly is the first step toward fixing it and building a stronger future together.
Our push for change kicked off in July 2025, and we’ve campaigned with real passion and determination ever since. Think about that first owners’ meeting on July 8 in the cards room, we had just three confirmations, but over 40 of you turned out! Moments like that proved we weren’t up against real opposition; instead, our community was already united in wanting real improvements.
Just like those door hangers we handed out back in July promised, we shifted the direction of our corporation before the year ended – because we acted as one. That unity has been our superpower, and it’s something we should keep building on.
With the AGM behind us, it’s go-time. Let’s roll up our sleeves! We’re thrilled to have our new property management team on board. They’ve already shown strong resolve in guiding us toward better days. They’re completely in sync with our shared vision, eager to jump in, and bringing the expertise we need to tackle repairs and improvements. A big welcome to their commitment and can-do attitude!
As we look ahead, our focus is on steady progress and getting things back on track. We’ve inherited some significant challenges, so the new board and management are hitting the ground running to address them as quickly as we can. That said, a little patience from all of us will go a long way during this handover. We’ll keep you in the loop with honest updates and those regular owners’ meetings that have kept us connected these past months.
The road ahead looks promising. We’ve already proven what’s possible when we work side by side. We pulled this off, together!
We’re all in this.
The future is promising.
The future is bright.
Let’s keep pushing to make The Fountains an even greater place to call home.
Onward!
