Page 5 - • IFV 9 2020.indd
P. 5
Estate News
Dear Residents
s we reach month six of the that the HOA (as a non-profit business)
lockdown, the most frequent has and they are used exclusively to
Aquestions asked are: has run the operational business of the
South Africa reached the peak of the HOA. Members are invited to peruse
COVID-19 infection? Will the South the monthly financial statement, which
African economy recover and, if so, is published in this issue. Any enquiries
how and what effect will it have on the can be sent to the Estate Manager at
day-to-day lives of the ordinary citizen? estatemanager@irenefarmvillages.
What was the effect of the lockdown co.za, and he will then share them with
on the scholars and tertiary students? the Financial Committee.
Whatever the real or correct answers to The Infrastructure Development
these questions may be, the wish is that Plan (IDP) has been delayed, on the
each of you will be a survivor in the real A t v an Niek erk one hand, by the building plans for the
At van Niekerk
sense of the word. main gate, which were resubmitted
to the Tshwane Metro Council on
statement of the HOA has been 12 August 2020 for approval, and
audited and will be presented at the which are now circulating at the
forthcoming Annual General Meeting Council; and on the other hand, due to
(AGM), which is scheduled for later the temporary postponement of the
this year. Considering the lockdown construction work at the North gate.
regulations on gatherings, the HOA The Board took the decision, due to
did apply at the Companies Tribunal the uncertain economic climate laying
During the lockdown period the for the postponement of the AGM to ahead of us in South Africa, to delay
Home Owners Association (HOA) was November 2020. the commencement of this project. The
firing on all four cylinders. The Board of The Board would like to make use Board will address the matter at the
Directors held their monthly meetings of this opportunity to thank all the AGM.
via virtual media and we are pleased to members for paying their monthly In the meantime, the Board dealt
report that the finances of the HOA are levies. Members are reminded that the with the question of how to protect
in a sound state. The annual financial levies are the only real source of income the Security Control Room at the main
The Villager • Issue 9 2020 • 3