Time For Sector Representation!

THIS MESSAGE IS INTENDED FOR THE REVIEW ALL SPADINA TOWERS  RESIDENTS WITH RESPECT TO RESIDENTIAL BOARD MEMBERS, WHO HAVE UNFORTUNATELY CHOSEN TO FOLLOW THE PREVAILING DICTATION OF THEIR ACCEPTED LEADER, THE COMMERCIAL OWNER. Such “followers” are obviously not limited to residential Board members, but include other residents who have as well, simply followed blindly, the instructions of their accepted leader without questioning the wisdom of those instructions. Such irresponsible behavior is commonly referenced as that of a “lemming”.

DEFINITION OF “lemming”

What It Is –   lemming does whatever the crowd does.

What it does –  A lemming is a short, furry rodent that is noted for its tendency to migrate en masse, regardless of the danger of the location or the stupidity of the move. Lemmings follow the prevailing wisdom without really questioning that wisdom.

It has been clearly demonstrated that residential Board members and a minority of unit owners at Spadina Towers, have chosen to act in this manner and accept the prevailing “wisdom” of the self proclaimed dictatorship of their accepted leader, obviously without questioning that “prevailing wisdom”.     

The residential Board members have clearly demonstrated much more respect for the interests of their self proclaimed and accepted leader, the commercial owner, rather than that of their fellow residents. As a result, residential board members have effectively provided and ensured control of the corporation to the commercial owner. As a result, the commercial owner is assured control of the Corporation who with the clear support of residential Board members, results in a 54.7% controlling interest of the Corporation WITHOUT THE NEED FOR ANY RESIDENT PARTICIPATION IN THE VOTE!  Do residents understand this? Unfortunately they do not!

Why is it that residents have neglected the opportunity of sector representation whereby they would control their own affairs and the commercial owner would control their own affairs with their respective interests represented at the Board level? Both sectors would of course be fully subject to the requirements of the Condominium Property Act and the Bylaws of the Corporation.

Residents should be concerned but apparently are not, by the refusal of the Board to provide any form of report on activity in our Reserve Fund Account. Management (the commercial owner) deems such reporting unnecessary, yet residential Board members again “follow along” and agree with their self proclaimed leader. The finances of Spadina Condominium Corporation are in an obvious serious state of neglect due to irresponsible management. This was brought to light at the 2018 AGM, yet many residents simply followed along blindly and accepted the irresponsible financial commentary provided by the commercial owner and his residential Board member followers. Questions and comments from resident attendees were as usual simply rejected as being unworthy of response!

This negligent, and irresponsible conduct on the part of management (the commercial owner) to freely and at their own will, control the Corporation with the full support of residential Board members must end immediately. Residents have an option. They can speak up and demand sector representation via a process of an independent and private polled vote of resident owners, not to be contaminated by the commercial owner’s biased and conflicting interests. The commercial unit owners can hold their own vote to adopt commercial sector representation, thus providing a fully democratic resolution to the long history of failed governance and conflicts of interest at Spadina Towers.

The only other option of residents: Simply follow along and say nothing!