BY-LAW NUMBER 1
BE IT ENACTED as a By-law of Peterborough Standard Condominium Corporation No. 63 (the "Corporation") as follows:
ARTICLE I SEAL
1.00 The seal of the Corporation shall be in the form impressed in the margin beside this paragraph.
ARTICLE II YEAR-END
2.00 The financial year end of the Corporation shall be the 31a day of August in each year or such other date as the Board may by resolution determine.
ARTICLE III RECORDS TO BE KEPT BY THE CORPORATION
The Corporation shall maintain the following records:
3.00 GENERAL
copy of Declaration and description;
a copy of all by-laws;
a copy of all rules and regulations;
a separate record of all receipts on account of common expense payments.
3.01 OWNERS AND INTERESTED PERSONS
the names of owners and mailing address of those owners who have notified the Corporation of their address;
the names of mortgagees and their mailing address.
3.02 OWNERS' MEETINGS
Minutes of all owners meetings including reference to numbers in attendance and a record of the votes taken.
3.03 BOARD OF DIRECTORS
minutes of all meetings of the Board and a copy of all resolutions passed by the Board;
a copy of all annual notices of assessment and any additional assessments; and
a copy of all Consents for alterations to units and/or the common elements including any agreement entered into with the owner.
3.04 RECORDS TO BE PROVIDED TO OWNERS AND MORTGAGEES
a copy of the annual financial statement shall be furnished to every owner and mortgagee entered on the register;
the books and records of the Corporation (including the minutes of meetings of the Board and of the owners) shall, upon reasonable notice, be made available for inspection by any owner and mortgagee; and
additional copies of the Declaration, by-laws and rules and regulations shall be made available to any owner for purchase at the cost of their production.
3.05 DOCUMENTS AS REQUIRED BY SECTION 43(5)
(a) the existing warranties and guarantees for all the equipment, fixtures and chattels included in the sale of either the units or common elements that are not protected by warranties and guarantees given directly to a unit purchaser.
(b) the as-built architectural, structural, engineering, mechanical, electrical and plumbing plans;
(c) the as-built specifications, indicating all substantive changes, if any, from the original specifications;
(d) all existing plans for underground site services, site grading, drainage and landscaping, and television, radio or other communications services;
(e) all other existing plans and information not mentioned in clause (b), (c) or (d) that are relevant to the repair or maintenance of the property;
(f) if the property of the Corporation is subject to the Ontario New Home Warranties Plan Act,
(i) proof, in the prescribed form, that the units and common elements have been enrolled in the Plan within the meaning of the Ontario New Home Warranties Plan Act in accordance with the regulations made under that Act, and
(ii) a copy of all final reports on inspections that the Corporation within the meaning of the Ontario New Home Warranties Plan Act requires be carried out on the common elements;
(g) a table setting out the responsibilities for repair after damage and maintenance and indicating whether the Corporation or the owners are responsible;
(h) a schedule setting out what constitutes a standard unit for each class of unit that the Corporation specifies for the purpose of determining the responsibility for repairing improvements after damage and insuring them;
(i) all financial records of the Corporation relating to the operation of the Corporation from the date of registration of the declaration and the description. The Corporation shall keep all financial records for at least six years from the end of the last fiscal period to which they relate, in addition to satisfying the requirements of any taxing authority of Ontario, the government of Canada or any other jurisdiction to which the Corporation is subject;
(j) all reserve fund studies that have been completed; and
(k) all other material that the regulations made under the Act required to be given to the board.
3.06 OTHER RECORDS
(a) The performance audit report, if applicable, described in subsection 44(8) of the Act that the Corporation receives from the person who conducts a performance audit;
(b) all plans to increase the reserve fund under subsection 94(8) of the Act;
(c) A copy of all agreements entered into by or on behalf of the Corporation;
(d) Any report that the Corporation receives from an Inspector in accordance with subsection 130(5) of the Act;
(e) A copy of any resolution of the Board changing the address for service or the mailing address of the Corporation as registered;
(f) A copy of all notices sent on behalf of the Corporation;
(g) A copy of all easements, licences or leases entered into by the Corporation;
(h) All requests for status certificates and a copy of the certificates issued for the past six financial years;
(i) The names of directors and officers, their mailing address and respective terms of office;
(j) copies of all owners' applications for permission to lease or sell a residential unit, including a completed declaration of the tenant or purchaser as required pursuant to the declaration;
(k) Copies of each tenancy agreement and copies of each tenant's executed acknowledgment and agreement with the Corporation as required pursuant to the declaration;
(l) A copy of all annual notices of assessment and any extraordinary assessments;
(m) A copy of all consents for alterations to units and/or the common elements in accordance with the declaration and any by-law of the Corporation including any agreement entered into with an owner S.98 of the Act
(n) Proxies for meetings to be retained for 90 days; and
(o) Any other information required to be maintained as records by the Act and the regulations made thereunder.
3.07 EXAMINATION OF RECORDS
(a) Upon receiving a written request and reasonable notice, the Corporation shall permit an owner, a purchaser or a mortgagee of a unit or an agent of one of them duly authorized in writing, to examine the records of the Corporation, except those records which owners are not entitled to examine as set out below, at a reasonable time for all purposes reasonably related to the purchases of the Act.
(b) The right to examine records under does not apply to:
(i) records relating to employees of the Corporation, except for contracts of employment between any of the employees and the Corporation;
(ii) records relating to actual or pending litigation or insurance investigations involving the Corporation; and
(iii) subject to the rights of the owner inquiring with respect to his or her own unit, records relating to specific units or owners.
3.08 COPIES OF RECORDS
The Corporation shall, within a reasonable time, provide copies of the records to a person examining them, if the person so requests and pays a reasonable fee to compensate the Corporation for the labour and copying charges.
ARTICLE IV DUTIES OF THE CORPORATION
4.00 The duties of the Corporation shall include, but shall not be limited to, the following:
the operation, care, upkeep, maintenance and repair of the common elements and the repair of units when an owner fails to repair and as provided for in the Declaration;
the collection of contributions toward common expenses from the owners;
the arranging for the supply of electricity to the common elements and water to the units except where prevented from carrying out such duty by reason of any event beyond the reasonable control of the Corporation. The Corporation shall not be liable for indirect or consequential damage or for damages for personal discomfort or illness by reason of the breach of such duty;
obtaining and maintaining insurance for the property as may be required by the Act, the Declaration or the by-laws;
the preparation of certificates of lien and status certificates as required by the Act;
the preparation of an estimated budget in accordance with Article X hereof;
the supervision of all public or private service companies which enter upon the common elements and into the units for the purpose of supplying, installing, replacing and serving their systems;
the employment and dismissal of personnel necessary for the maintenance and operation of the common elements;
the obtaining and maintaining of fidelity bonds for any person dealing with Corporation monies and in such amounts as the Board may deem reasonable;
the investment of reserve monies held by the Corporation in interest bearing accounts, term deposits, guaranteed investment certificates and Treasury Bills in accordance with the Act;
the settling, adjusting or referring to mediation and/or arbitration of any claim or claims which may be made upon or which may be asserted on behalf of the Corporation;
The purchase and maintenance of insurance for the benefit of all directors and officers (including tail pipe insurance in the case of change of insurers to insure that directors' actions are protected when the Corporation changes insurers) in respect of anything done or permitted to be done by them in respect of the execution of the duties of their offices except insurance against a liability, cost, charge or expense of such directors or officers incurred as a result of a contravention of any of the duties imposed upon them pursuant to the Act.
the preparation and maintenance of the records to be kept by the Corporation in accordance with Article III hereof;
the calling and holding of meetings and the delivery of notices, as required;
the consistent and timely enforcement of the provisions of the Act, the Declaration, the by-laws and rules of the Corporation;
the entering into of an insurance trust agreement to ensure the disposition of monies in the event of an insurable loss where the damage to the property exceeds 15% of the replacement cost of the property covered by the Corporation's policy in accordance with the Act.
establishing and maintaining adequate reserve funds for the major repair or replacement of the common elements and of the assets of the Corporation in accordance with the Act.
the carrying out of the duties of the Corporation and/or the Board as required by the Act, the Corporation's Declaration and by-laws.
ARTICLE V POWERS OF THE CORPORATION
5.00 The powers of the Corporation shall include, but shall not be limited to, the following:
the entering into of an agreement with a person or Corporation to provide professional management for the property. The management agreement shall be in form acceptable to the Board;
the borrowing of such amounts as in the Board's discretion are necessary or desirable in order to protect, maintain, preserve or insure the due and continued operation of the property in accordance with the Declaration and by-laws of the Corporation to a maximum sum equivalent to one-twelfth (1/12th) of the annual estimated budget for any one occurrence provided always that any such borrowing shall be without pledge or charge of any of the assets of the Corporation; and
the borrowing of such amounts in excess of an amount equal to one-twelfth (1/12th) of the annual estimated budget in any fiscal year as the Board determines are necessary or desirable in order to protect, maintain, preserve or ensure the due and continued operation of the property in accordance with the Declaration and by-laws of the Corporation and the securing of any loan of any amount by mortgage, pledge, or charge of any asset (other than the Reserve Fund) of the Corporation, subject in each case to approval of each such borrowing, and/or security by a vote of the owners at a meeting duly called for that purpose.
the authority to make a complaint under Section 40 of the Assessment Act on behalf of the owners;
to authorize and include in the budget for the Corporation for any fiscal year the amounts that the Board of Directors in its discretion decides it is necessary that the Corporation borrow;
the mediation and/or arbitration of those matters set out in the act or any contract or agreement to which the Corporation is a party.
ARTICLE VI NOTICE
6.00 BY THE CORPORATION
Subject always to any specific provision to the contrary in the Act, any notice, communication or other document, including budgets and notices of assessment required to be given or delivered by the Corporation to any owner or mortgagee shall be sufficiently given if:
delivered personally to the person to whom it is to be given; or
delivered at the person's unit or at the mailbox for the unit, unless the person giving the notice has been advised in writing by the person that delivery is not to be effected in this manner or the address for service on the record of the Corporation is not the address of the person;
sent by prepaid ordinary mail addressed to the person at the address shown on the record of the Corporation;
sent by facsimile transmission, electronic mail or any other method of electronic communication if the person agrees in writing that the party giving the notice may give the notice in this manner.
Any notice, communication or other document to be given by the Corporation to any mortgagee will be given or delivered to that person in accordance with the Act.
The Corporation shall not be obliged to give notice to any owner who has not notified the Corporation that he/she has become an owner or to any mortgagee who has not notified the Corporation that he/she has become a mortgagee.
Any notice, communication or document shall be deemed to have been received:
when it is delivered personally or delivered to the latest address shown on the record; or
when it has been deposited in a post office or public letter box; or
when it is sent by any means of facsimile transmission, electronic mail or any other method of electronic communication when accepted by fax or when delivered to the appropriate communication company or agency or its representative for dispatch.
6.01 NOTICE TO THE BOARD OR CORPORATION
Any notice, communication or other document to be given to the Board or Corporation shall be sufficiently given if mailed by prepaid ordinary mail or airmail in a sealed envelope addressed to the Board or Corporation at the address for service of the Corporation set out in the Declaration, or such other address for service that has been amended and registered in accordance with the Act, or if personally delivered to any director;
any notice, communication or document so mailed shall be deemed to have been given when deposited in a post office or public letter box.
6.02 OMISSIONS AND ERRORS
The accidental omission to give any notice to anyone entitled thereto or the non- receipt of such notice or any error in any notice not affecting the substance thereof shall not invalidate any action taken at any meeting held pursuant to such notice or otherwise founded thereon.
The Corporation shall not be obliged to give notice to any owner who has not notified the Corporation that he or she has become an owner or to any mortgagee who has not notified that Corporation that he or she has become a mortgagee and has been authorized or empowered in his or her mortgage to exercise the right of the mortgagor to vote.
The address of each owner shall be the address of his or her unit and the address of each mortgagee shall be the address shown for him or her on his or her mortgage that is registered in the Land Registry Office until the Corporation is given written notice of a different address for such mortgagee or owner.
6.03 NOTICES OF MEETINGS
At least fifteen (15) days' written notice of each meeting of the owners of the Corporation specifying the place, the date and the hour thereof and the nature of the business to be presented shall be given to each owner and to each mortgagee or chargee entitled to vote who is entered on the register twenty (20) days before the date of the meeting.
ARTICLE VII BOARD OF DIRECTORS
7.00 DUTIES
The affairs of the Corporation shall be managed by a board of directors (the "Board").
The Board shall have the obligation to perform all of the duties of the Corporation; however, the Board may delegate certain specific duties to the Manager by duly enacted resolution and pursuant to the terms of any management agreement.
7.01 QUORUM
The number of directors shall be five (5) of whom three (3) shall constitute a quorum for the transaction of business at any meeting of the Board. Notwithstanding vacancies, the remaining directors may exercise all the powers of the Board so long as a quorum of the Board remains in office.
7.02 QUALIFICATIONS
Qualification for election to the Board shall be governed by the following: -
each director shall be eighteen (18) or more years of age and need not be an owner of the Corporation;
a director who has resigned or whose term has expired is eligible for re-election;
no undischarged bankrupt or mentally incompetent person shall be a director and if a director becomes a bankrupt or mentally incompetent person he or she thereupon ceases to be a director; and
a person who is elected or appointed a director is not a director unless,
(a) he or she was present at the meeting when he or she was elected or appointed and did not refuse at the meeting to act as a director; or
(b) when he or she was not present at the meeting when he or she was elected or appointed, he or she consented to act as a director in writing before his or her election or appointment or within ten (10) days thereafter.
7.03 DISQUALIFICATION
A person immediately ceases to be a director if:
(a) the person becomes an undischarged bankrupt or a mentally incompetent person;
(b) a certificate of lien has been registered against a unit owned by the person and the person does not obtain a discharge of the lien within 90 days of the registration of the lien.
7.04 ELECTION AND TERM
Subject to the Act:
The directors of the Corporation shall be elected in rotation and shall be eligible for re-election. At the first meeting of the owners held to elect directors, three (3) directors shall be elected to hold office for a term of two (2) years; and two (2) directors shall be elected to hold office for a term of one (1) year. Such directors may, however, continue to act until their successors are elected. The director or directors receiving the greater votes shall complete the longest term, and where the election is to replace resigning directors the persons receiving the greater votes shall complete the longest remaining term or terms of the resigning directors. At each annual meeting thereafter a number of directors equal to the number of directors retiring in such year shall be elected for a term of two (2) years. Where the Board is elected by acclamation, the directors at their first meeting shall determine the distribution of terms. Directors may be removed before the expiration of their term in accordance with the procedure set forth in the Act.
Election to the Board shall be by written ballot.
If at least fifteen (15%) percent of the units are owner-occupied (as defined in the Act), only persons who are owners of owner-occupied units shall be entitled to elect a person to the Owner-occupied position on the Board. If fifteen (15%) percent of the units are owner-occupied at the date of the turn-over meeting, the position of the Board of Directors to be elected by owners of owner-occupied units, shall be the director elected for the one (1) year term. When that position becomes vacant, only the owners of the owner-occupied units shall vote for the candidate(s) running for the Owner-occupied position. If at least fifteen (15%) percent of the units are not owner-occupied at the date of the turn-over meeting, but in any subsequent year more than fifteen (15%) percent of the units become owner-occupied, the position of a director whose term expires in that year shall be designated the Owner-occupied position. Only the owners of the owner-occupied units shall vote for the candidate(s) running for the Owner-occupied position. When that position becomes vacant, only the owners of the owner-occupied units shall vote for the candidate(s) running for the Owner-occupied position.
7.05 CALLING OF MEETINGS
Meetings of the Board shall be held from time to time at such place and at such time and on such day as either the President or a Vice-President who is a director, or any three (3) directors may determine, and the Secretary shall call meetings when directly authorized by the President or by the Vice-President who is a director or by any three (3) directors. Notice of any meeting so called shall be given personally by ordinary prepaid mail or telegraph or by telephone to each director not less than forty-eight (48) hours (excluding any part of a Sunday or of a holiday as defined by the Interpretation Act of Canada for the time being in force) before the time when the meeting is to be held, save that no notice of a meeting shall be necessary if all the directors are present or if those absent waive notice of or otherwise signify in writing their consent to the holding of such meeting;
The Board may appoint a day or days in any month or months for regular meetings at a place and hour to be named. A copy of the resolution of the Board fixing a place and time of regular meetings of the Board shall be sent to each director forthwith by ordinary prepaid post after being passed, but no other notice shall be required for any such regular meeting; and
A meeting of the directors may be held by teleconference or other form of electronic communication that allows the directors to participate concurrently.
7.06 DECLARATION OF INTEREST
The provisions in the Act relating to the declaration of interest of any director in any contract or arrangement entered into by or on behalf of the Corporation shall be followed and complied with.
In addition, the Board shall, prior to voting on any contract in which another director is interested, obtain at least two (2) other independent bids from other contractors to supply or provide the same supplies or services to the Corporation.
7.07 INDEMNIFICATION OF DIRECTORS AND OFFICERS
No director or officer of the Corporation shall be liable for:
the acts, neglect or default of any other director or officer;
any loss or expense happening to the Corporation through the insufficiency or deficiency of title to any property acquired by order of the Board for or on behalf of the Corporation;
the insufficiency or deficiency of any certificate or instrument in or upon which any of the monies of the Corporation shall be invested, provided always that the investment certificate or instrument conforms with the provisions of the Act;
any loss or damage arising from the bankruptcy, insolvency or tortious act of any person with whom any of the monies, certificates, term deposits, instruments or effects of the Corporation shall be deposited;
any loss occasioned by an error of judgment or oversight on his or her part; or
any other loss, damage or misfortune whatever which shall happen in the execution of the duties of his or her office or in relation thereto;
unless the same shall happen through his or her own dishonest or fraudulent act or acts, bad faith, or willful misconduct.
7.08 INDEMNITY OF DIRECTORS AND OFFICERS
Every director or officer of the Corporation and his or her heirs, executors, successors and assigns, respectively, shall from time to time and at all times be indemnified and saved harmless out of the funds of the Corporation from and against:
all costs, charges and expenses whatsoever which such director or officer sustains or incurs in or about any action, suit or proceeding which is brought, commenced or prosecuted against him or her for or in respect of any act, deed, matter or thing whatsoever made, done or permitted by him or her in or about the execution of the duties of his or her office; and
all other costs, charges and expenses which he or she properly sustains or incurs in or about or in relation to the affairs of the Corporation;
unless the same shall happen through his or her own dishonest or fraudulent act or acts, bad faith, or wilfull misconduct.
7.09 CONSENTS
Any consent required under the provisions of the Act, the Declaration, the by-laws or the rules shall be given by the Board in writing after a resolution for same has been passed.
7.10 EXECUTION OF INSTRUMENTS
Deeds, transfers, assignments, cheques, contracts and obligations of the Corporation may be signed by any two (2) directors who may, but need not be, officers of the Corporation, or as the Board may from time to time by resolution determine.
Any contract or obligation within the scope of any management agreement entered into by the Corporation may be executed on behalf of the Corporation in accordance with the provisions of such management agreement.
Subject to the Act and the Declaration but notwithstanding any provisions to the contrary contained in the by-laws of the Corporation, the Board may by resolution at any time and from time to time direct the manner in which and the person or persons by whom any particular deed, transfer, contract, cheque or obligation or any class of deed, transfer, contract, cheque or obligation of the Corporation may or shall be signed.
Any member of the Board, or by resolution of the Board, any authorized agent may execute a status certificate and cause the corporate seal to be affixed thereon provided there is delivered with the certificate a statement under the signature of the Manager or Treasurer that he or she has examined the records and confirms that the particulars set out in the certificate are accurate.
The Manager, any two (2) members of the Board or the Corporation's solicitor may execute a notice of lien or discharge of lien and cause the corporate seal to be affixed.
ARTICLE VIII OFFICERS
8.00 ELECTION OF PRESIDENT
At the first meeting of the Board after each election of directors the Board shall elect a President from among its members. In default of such election the then incumbent President, if a member of the Board, shall hold office until his or her successor is elected.
8.01 APPOINTED OFFICERS
From time to time the Board shall appoint a Secretary and may appoint one or more Vice- Presidents, a Treasurer and such other officers as the Board may determine, including one or more assistants to any of the officers so appointed. The officer so appointed may but need not be a member of the Board. One person may hold more than one office and if the same person holds both the office of Secretary and the office of Treasurer, he or she may be known as Secretary-Treasurer.
8.02 TERM OF OFFICE
In the absence of written agreement to the contrary, officers shall hold office until removed by the Board. Provided always that officers shall adhere to and be governed by the same qualifications as hereinbefore applied to directors pursuant to Article 7,02. Officers shall have such authority and perform such duties as the Board may from time to time determine consistent with the Act, the Declaration and by-laws of the Corporation.
8.03 PRESIDENT
The President shall:
be the chairperson at all meetings of the Board, meetings of the owners or designate the chairperson at all such meetings;
have one vote (only) at all meetings of the Board and at general and special meetings of the owners;
co-ordinate the activities of the remaining members of the Board of Officers;
deal directly with the Manager and corporate solicitor in all areas of concern, in the absence of a Board resolution specifying another officer, and
direct the enforcement of the Act, the Declaration, the by-laws and the rules of the Corporation by all lawful means at the Board's disposal.
8.04 VICE-PRESIDENT
The Vice-President shall during the absence of the President, perform his or her duties and exercise his/her powers. If there is more than one (1) Vice-President then the Vice- Presidents, in order of seniority as determined by the board of Directors, shall perform the functions of the President. The Vice-President shall not preside at a meeting of the Board or the owners if the Vice-President is not qualified to attend such meeting as a director or owner, as the case may be. If a Vice-President exercises any such duty or power, the absence of the President shall be presumed. A Vice-President shall also perform such duties and exercise such powers as the Board may prescribe from time to time.
8.05 SECRETARY
The Secretary shall:
give or cause to be given all notices required to be given to the owners, directors, mortgagees and all others entitled thereto;
attend all meetings of the directors and of the owners;
enter or cause to be entered in books kept for that purpose minutes of all proceedings at such meetings;
be the custodian of all books, papers, records, documents and other instruments belonging to the Corporation including a complete set of the plans and specifications for the property and any additions, alterations or improvements to the units and common elements. This does not require the Secretary to keep those documents in his or her personal custody; and
cause to have all documents registered in the Land Registry Office.
8.06 TREASURER
The Treasurer shall:
be a member of the Board; and
in consultation with the property manager, prepare the annual budget together with the annual financial statements to be presented to the owners at the annual general meeting.
8.07 COMMITTEES
In order to assist the Board in managing the affairs of the Corporation, the Board may from time to time constitute advisory committees to advise and make recommendations to the Board in connection with the activities, management, budgets, rules, or any other matter relating to the common elements; and
The members of such committees shall be appointed by the Board to hold office and may be removed at any time by resolution of the Board.
ARTICLE IX MEETINGS OF THE OWNERS
9.00 ANNUAL MEETINGS
The annual meeting of the owners shall be held within the City of Peterborough, at such time and on such day in each year as the Board may determine, for the purpose of hearing and receiving the reports and statements required to be read at and laid before the owners at an annual meeting; electing directors; and for the transaction of such other business as may properly be brought before the meeting.
The annual meeting is to take place no later than six (6) months following the end of the Corporation's fiscal year.
9.01 SPECIAL MEETINGS
The Board shall have the power at any time to call a special meeting of the owners for the transaction of any business, the nature of which shall be specified in the notice calling the meeting.
9.02 PERSONS ENTITLED TO BE PRESENT
The only persons entitled to attend a meeting of owners shall be:
the owners and mortgagees entered on the record and who are entitled to receive notice of and are entitled to vote at the meeting in accordance with the Act;
any other person entitled to vote thereat;
others who, although not entitled to vote, are entitled or required under the provisions of the Act or the by-laws of the Corporation to be present at the meeting; and
any other person on the invitation of the Chairperson of the meeting or with the consent of the meeting.
9.03 QUORUM
A quorum for the transaction of business at a meeting of owners shall be determined in accordance with the provisions of the Act or any by-law passed pursuant to the provisions of the Act.
If a quorum be not present within a reasonable time after the time appointed for the holding of any meeting of the owners (such reasonable time to be determined by the Chairperson of the Meeting) the meeting shall be adjourned and the Board shall call a further meeting of the owners in accordance with the Act.
9.04 VOTING
At each meeting of owners, subject to the provisions of the Act, every owner shall be entitled to vote who is entitled to receive notice of the meeting and is not in arrears of common expenses.
Subject to subparagraph (3) below if the unit has been mortgaged and the right to vote has been given to the mortgagee, the owner (or his or her proxy) may nevertheless represent such unit at meetings and vote in respect thereof.
In the event the mortgagee has notified the Corporation and the owner of his or her intention to exercise such right at least four (4) days before the date specified in the notice of meeting, the mortgagee or the mortgagee's proxy may exercise the right to vote.
An owner is not entitled to vote at a meeting if any contributions payable in respect of the owner's unit have been in arrears for thirty (30) days or more at the time of the meeting.
Any dispute over the right to vote shall be resolved by the Chairperson of the meeting upon such evidence as he or she may deem sufficient.
The Chairperson shall not, in the case of a tie, cast a deciding vote.
Unless otherwise provided by the Act, the Declaration or the by-laws, any vote shall be decided by a majority vote of those owners present in person or by proxy at a meeting called for the purpose of holding such vote.
9.05 METHOD OF VOTING
At any annual or special meeting any question may be decided by a show of hands. A declaration by the Chairperson that such question has been carried by a show of hands is proof of the fact without further proof of ownership of the votes cast in favour of such question.
A vote for the election of directors shall be by ballot only.
Anyone who has a right to vote may demand a vote by ballot and upon such demand the vote shall be a ballot vote unless the demand is withdrawn before the ballots are distributed.
All voting by owners shall be on the basis of and in accordance with the Act.
When all ballots have been deposited into the ballot box the scrutineers shall then tabulate the votes for and against the matter being voted on. In the event the vote is not decided by the votes cast, the Board shall collect any outstanding ballots until the vote is conclusive either in favour of or against.
9.06 PROXIES
Every owner or mortgagee entitled to vote at meetings of owners may by instrument in writing appoint a proxy, who need not be an owner or mortgagee, to attend and act at the meeting in the same manner, to the same extent and with the same power as if the owner or mortgagee were present at the meeting. The instrument appointing a proxy shall be in writing, in the form prescribed by the Act, and signed by the appointor or his or her attorney authorized in writing. The instrument appointing a proxy shall be deposited with the Secretary of or scrutineers at the meeting before any vote or in accordance with the procedures established by resolution of the Board.
9.07 REPRESENTATIVES
A committee, guardian or attorney of a mentally incompetent person, an executor, administrator, trustee or representative of a Corporation, upon filing with the Secretary of the meeting sufficient proof of his, her or its appointment shall represent the owner or mortgagee at all meetings of the owners and may vote in the same manner and to the same extent as such owner. If there be more than one committee, guardian or attorney, executor, administrator, trustee or representative, the provisions relating to co-owners shall apply.
9.08 CO-OWNERS
If a unit or a mortgage on a unit is owned by two or more persons, any one of them present or represented by proxy, may in the absence of the other or others vote, but if more than one of them are present or represented by proxy, they shall vote in the same way, or the vote for that unit will not be counted. Where a unit is owned by more than two persons, the majority of the owners shall decide how the vote is to be exercised.
ARTICLE X ASSESSMENT AND COLLECTION OF COMMON EXPENSES
10.00 ASSESSMENT OF COMMON EXPENSES
All expenses, charges and costs of maintenance repair or replacement of the common elements and the assets of the Corporation and any other expenses, charges or costs which the Board may incur or expend pursuant to its dutics shall be assessed by the Board and levied against the owners in the proportions in which they are required to contribute to the common expenses as set forth in the Declaration.
The Board shall from time to time and at least annually prepare a budget for the property and determine by estimate the amount of common expenses for the next ensuing fiscal year or remainder of the current fiscal year as the case may be. The Board shall allocate and assess such common expenses as set out in the budget for such period among the owners, according to the proportions in which they are required to contribute to the common expenses as set forth in the Declaration
10.01 RESERVE FUND
The Board shall establish and maintain reserve funds in accordance with the Act; and
The reserve funds shall be kept in a separate interest bearing account with any Province of Ontario Savings Office or any chartered bank or trust company branch or any other institution in accordance with the Act.
10.02 EXTRAORDINARY EXPENDITURES
Any expenditures not contemplated in the budget and for which the Board shall not have sufficient funds may be assessed at any time during the year in addition to the annual assessment, by the Board serving notices of such further assessment on all owners.
The notice shall include a written statement setting out the reasons for the additional assessment.
10.03 DELIVERY OF ASSESSMENTS
The Board shall advise all owners promptly in writing of the amount of common expenses payable by each of them respectively determined as aforesaid, and shall deliver copies of each budget on which such common expenses are based, to all owners and mortgagees entered on the record.
Extraordinary assessments shall be payable by each owner within ten (10) days after the delivery thereof to such owner, unless a further period of time has been determined by the Board and set out in such notice.
10.04 OWNERS' OBLIGATIONS TO PAY ASSESSMENTS
Each owner shall be obliged to pay to the Corporation the full amount of such annual assessment within ten (10) days after the delivery or mailing of the notice of the annual assessment to the owner. Upon receipt of a request from and for the express convenience only of the owner, the Board may adopt, by resolution, a pre-authorized payment or similar plan for the convenience of the owners, provided always that upon cancellation of the plan or any default occurring on the part of the owner, the balance of the annual assessment together with interest accruing thereon from the date of default at the rate specified in this by-law shall become immediately due and payable to the Corporation.
If the Board of Directors enacts a resolution requiring owners to pay their common expense payments either by pre-authorized chequing or by post-dated cheques, the owners shall arrange for the payment of their proportionate shares of the common expenses by means of a pre-authorized chequing, post-dated cheques, or other similar plan approved by the Board. Where the Board approves a pre-authorized chequing plan the Corporation shall be entitled to debit the bank account of the owner each month to collect one-twelfth (1/12) of the annual assessment. The acceptance by the Board of this alternate method of payment by the owner does not constitute a waiver of the owner's obligation to pay his or her proportionate share of the annual assessment and, where the owner fails to deliver post-dated cheques to the Corporation to ensure that the Corporation is able to make automatic monthly deductions from the owner's bank account or where the owner stops payment on his or her cheque or terminates the plan or there are insufficient funds in the account to cover the cheque or the automatic deduction, the then unpaid balance of the owner's assessment for the year shall become immediately due and payable together with interest thereon calculated in accordance with this by-law until paid. The Board may, by resolution, authorize alternate methods of payment as it may reasonably determine provided always that any method of payment shall apply consistently to and for the convenience of the owners.
10.05 DEFAULT IN PAYMENT OF ASSESSMENT
Arrears of payments required to be made under the provisions of this Article shall bear interest at the rate of four (4) percentage points above the minimum lending rate charged by the Corporation's Bank on Canadian currency loans made by it to prime commercial borrowers in Canada effective as of the date the owner has fallen into arrears and to be varied from time to time in accordance with changes in the minimum lending rate until payment has been received in full from the owner. Interest at the rate shall be charged from time to time on the unpaid balance of common expenses plus unpaid interest and any legal fees on a substantial indemnification basis incurred by the Corporation in the collection or attempted collection of the unpaid amount and interest shall be charged upon the aggregate total amount monthly and shall be compounded monthly until paid; and
In any collection or attempted collection proceedings, including lien proceedings and/or sale or other court proceeding instituted by the Corporation to collect common expenses, or other amounts deemed to be common expenses, from the owner, there shall be added to any amount found due all costs incurred by the Corporation and all legal costs on a substantial indemnification basis and any disbursements incurred in such action.
ARTICLE XI MISCELLANEOUS
11.00 INVALIDITY
The invalidity of any part of this By-law shall not impair or affect in any manner validity and enforceability or effect of the balance thereof.
11.01 WAIVER
No restriction, condition, obligation or provision contained in this By-law shall be deemed to have been abrogated or waived by reason of any failure to enforce the same irrespective of the number of violations or breaches thereof which may occur.
11.02 HEADINGS
The headings in the body of this by-law form no part thereof but shall be deemed to be inserted for convenience of reference only.
11.03 AMENDMENT
This By-law or any part hereof may be varied, altered or repealed by a by-law passed in accordance with the provisions of the Act and the Declaration.
11.04 CONFLICTS
In the case of a conflict between the provisions of the Act and any provision in the Declaration, By-laws or rules and regulations, the Act shall prevail.
In the case of a conflict between the provisions in the Declaration and any provision in the By-laws or rules and regulations, the Declaration shall prevail, unless the By- law or rule has been amended after the registration of the Declaration as provided for in the Act; and
In the event the provisions of the Act or in the Declaration are silent the provisions of the By-laws shall prevail.
ARTICLE XII LIABILITY FOR COSTS
12.00 ABATEMENT AND RESTRAINT OF VIOLATIONS BY UNIT OWNERS AND
LIABILITY FOR COSTS
The owner of a unit is responsible for any cost incurred to repair damage to the common elements or other units that may have been caused by either his or her use or his or her residents or their visitors use of same.
In the event that damage to the common elements has been caused by the deliberate or negligent conduct of any owner, residents or their invited guests, the owner of that unit shall be responsible for any costs incurred to repair such damage.
In those cases where it has been determined that the responsibility for payment of the cost to repair is that of the unit owner, or where an owner requests to repair a common element himself or herself, the Board of Directors shall approve the selection of the contractor and/or the method of repair. This decision, at the discretion of the Board, shall be based on a minimum of two (2) bids, the method of repair, the meeting of standards of uniformity and consideration of the convenience of the owner(s) involved.
The violation of any provision of the Act, the Declaration, the by-laws, and/or the rules adopted by the Board of Directors, shall give the Board the right, in addition to any other rights set forth in these by-laws:
(a) to enter the unit in which or as to which such violation or breach exists and to summarily abate and remove, at the expense of the defaulting owner, any structure, thing, or condition that may exist therein contrary to the intent and meaning of the provisions hereof, and the Board shall not thereby be deemed guilty in any manner of trespass; or
(b) to enjoin, abate or remedy by appropriate legal proceedings, either at law or in equity, the continuance of any such breach, including without limiting the generality of the foregoing, an application for an order for compliance pursuant to Section 134 of the Act.