Page 8 - Interface September Issue 2025
P. 8
AGM FEEDBACK
Feedback report on virtual
AGM held on 26 August 2025
he meeting was opened and well The Buy-in levy amount will increase from R34 400 to R37 000 from
constituted with 366 members 1 September 2025.
T(including proxies) in attendance.
The proposed CHOA Penalty System was not approved by the meeting.
The Chairperson’s report included The Penalty System as approved at the 2024 AGM will apply.
relevant feedback on all portfolios for
the previous financial year and was The Padel Project at the SSC and the Irene Precinct access gate were
positively received and supported by Special Resolutions and passed at the meeting.
the members present.
Election of Chairperson and Director
Normal resolutions Voting of the nominated Chairperson and Directors took place and
Resolutions 1-9 were normal resolutions Mr. Lefty Piagalis will continue as Chairperson and Ms. Pauline van de Venter
and were passed. as Director on the CHOA Board.
Capital Projects The meeting was concluded at 21h30 and the members present were
The Capital feedback report was thanked for a very constructive and interactive AGM. A total of 383 questions/
presented and accepted. comments were received and answered during the meeting.
Lefty Piagalis
Chairperson
Progress on Capital Expenditure approved for FY2025
Approved Total spend to date
2025/1 Paint perimeter wall – Top gate R 250 000 R 243 500 Completed
2025/2 Replace cement palisades Phase 3 R 225 000 R 0 Continuous assessment
2025/3 Upkeep security systems R 900 000 R 584 538 Completed
2025/5 Replace portions of fibre cable Phase 1 R 250 000 R 47 181 In process
2025/6 Beautification of the Estate R 200 000 R 200 000 Completed
2025/7 Beautification-walkway R 200 000 R 195 400 Completed
TOTAL R 2 025 000 R 1 270 619
Approved Capital Expenditure per line item for FY2026
2026/1 Paint perimeter walls Main gate 1300m of plaster wall R 600 000
2026/2 Replace cement palisades Phase 4 R 225 000
2026/3 Upkeep security systems R 900 000
2026/4 Replace portions of fibre cable and converter modules Phase 2 R 750 000
2026/5 Beautification of the Estate R 225 000
2026/6 Replace utility vehicle R 200 000
TOTAL R 2 900 000
INTERFACEDigimag | SEPTEMBER 2025 | 6
