Director’s Report To The Shareholders

SANDYPORT HOMEOWNERS ASSOCIATION LIMITED

DIRECTOR’S REPORT TO THE SHAREHOLDERS

For the period January 2nd 2010 – October 21st 2010

On January 2nd 2010 the existing board members, Gilbert Ward, Larry Gibson, Kenneth Cartwright, Richard Gardner, Christine Berlanda, Scott Farrington and Joy Jibrilu (retired due to illness) were elected to serve until the Annual General Meeting by the previous shareholders. Mrs. Michelle Pindling-Sands was appointed at the August board meeting by the remaining board members to fill the vacancy created by the illness of Mrs. Jibrilu.

Your board members spent countless hours ascertaining the operational state of affairs of your Association, setting up the Security Committee, the Gardening Committee, the Architectural Committee, the Audit and Accounts Committee and the Legal and Compliance Committee. For many months with our previous General Manager, various members of the board had to assist on a daily basis with the day to day matters and crises that arose, personnel issues, gardening (or lack thereof) issues, equipment issues and accounting issues. It was quite a learning curve and very taxing. Special thanks go out to the various members of the above Committees for their considerable efforts. Richard Gardner walked the length and breadth of Sandyport every morning in the dark checking on the security guards and the sewerage and electrical systems and the various disasters in those areas were averted because of his considerable expertise and technical ability. We are in much better shape today, but not yet out of the woods as spare parts for the sewer system and electrical system operation are badly needed. Our sewer plant should normally be operating with two blowers and with a third one kept in reserve as a spare; right now we are operating on only one blower while the two others are in the USA being refurbished. New Blowers cost approximately $25,000 each; we need spare pumps for our seven sewer lift stations and these cost several thousands of dollars each.

Our previous manager, Mr. Glinton retired at the end of June. Our present General Manager Mr. Simon Cooper has done a remarkable job in the short time since he took over, and he was able to expose and deal with the many areas that were totally unsatisfactory in the operation of our Association. We are currently without the services of an accountant but Mr. Cooper’s considerable computer and accounting skills have stabilized what was otherwise a very unsatisfactory and archaic accounting system. Our General Manager moved swiftly to establish single handedly a website that is interactive and which allows us to communicate and receive communications in real time. Our gardeners are now trained and working fairly efficiently with proper equipment that we recently purchased and with a manager that has been able to properly schedule them and based on the feedback that we have received from you, the general maintenance of our lawns, hedges and common areas are in the best shape that we have seen them in years.

Many of you have expressed your appreciation for the visual improvement to our landscaped front entrance and guard gate. Many may no longer remember the complete eyesore that was our front entrance and thanks to the foresight of and hard work on a daily basis by Messrs Miaoulis and Chemaly, with help from some of our board members, we now have a front entrance that we can be proud of. Thanks to the discovery by Messrs Gardner and Cartwright of a large capacity diesel generator still in its packing carton hidden away in the bush behind the sewer plant, we now have a functioning generator with an automatic transfer switch installed at our guard gate so that our security and guard gates can function during power outages. We could not get any explanation from our previous general manager as to when this generator was purchased and by whom and for what purpose as it is a single phase generator and all of Sandyport (with the exception of the guard house) is three Phase. We have also installed central air-conditioning in the guard house at the gate so that our security staff can function therein during the hot summer months. We have also acquired a truck and trailer so that our gardening and other equipment and our landscaping staff (with water containers which we have never supplied before) can get to their assigned locations and back. It was quite appalling to see how little equipment and resources had been provided to them in the past and management and training was seriously lacking.

Immediately after taking over we began the process of identifying the various home and property owners in Sandyport and obtaining the information from them for the production of and delivery to them of their share certificates evidencing their share in our company for each property that they own. This is an ongoing process and it has been made especially difficult by our being given incorrect information in some instances, or no information in others, and we can only continue to encourage shareholders who sell their property to pass their share certificate to the new owner duly endorsed, with the request that the new owner present it to the Management Office with the necessary payment, and a request for a new certificate.

At this Annual General Meeting you are being asked to elect a new board of seven directors to take us forward to the next level.

Sandyport is a great and friendly boating community and for many of us, it is our home. It has been a pleasure to have been of service to you.

On behalf of the Board of Directors

____________________________________

Gilbert A. Ward

Chairman

Download report here

5 thoughts on “Director’s Report To The Shareholders”

  1. As humble tenants, we will not be able to attend this evening’s AGM. As I would normally have used that opportunity to thank and congratulate the Board and Mr. Cooper for and on your achievements since the beginning of the year, may I do so by way of this comment. I appreciate there is a long road ahead, but the initial steps are already starting to make a big difference to the quality of life here (sewage notwithstanding!). I hope the oncoming year, which will no doubt raise some difficult issues of prioritisation amongst others, proves as successful as the last few months. Bon courage to the new directors!

  2. Some very nice improvements so far it feels good and reassuring to have invested in Sandyport. Alot less frustrations. Very, very good job by the board I think, sad to have them leave and I hope the new ones can keep up!

  3. Many thanks for the detailed update report, one can only appreciate all your fine efforts thus far which ensures the whole community benefits and the area is enhanced whilst being absolutely run in the correct commercial and viable way. The committee members are the unsung hero’s of Sandyport, long may this continue to avoid repeat of the shambles of the predecessors!! Thank you once again

  4. I wish to give thanks for the so far painting but a concern, the doors of my house were not touched please advise further, additionally, the maintaince or the caring of the lawn would need special attention when it is being manicured eg; when lawing special consideration should be noted where the spill are landing a broom should be a part of the tools used to sweep the driveways porches etc… additionally leaves should be removed and carried away weeds should be taken out of the grass….

Leave a Reply

Your email address will not be published. Required fields are marked *