Salarpuria Splendor

9th Annual General Meeting 2012-13

21 July 2013Prezo by : Yogesh, Anil, Nagaraja Rao, Nayan

2012-13 EC MembersOffice NamePresident HA Nagaraja Rao (A702)

Vice President Yogesh Sewak (A103)

Secretary Anil Kumar KV (B303)

Treasurer Nayan Chaugule (A302)

Members

Sanjay Pai (B505)

Mahesh Khaitan (B702)

Munish Hasija (A601)

Archana Sarda (B503)

Deepashish Jain (B402)

Peter Cardozo (A304)

Smita Sagvekar (B301)

Annual Achievements - 1 Go Green

Major improvements in landscapingVery small investmentsGreener & more beautiful SplendorContinued attention and gardening is

necessary to maintain & enhance the standards

Waste Segregation & Processing BBMP mandateDry-plastic-paper / wet / rejectsLot of hiccups overcomeGenerally good co-operationGood work by Archana. Thanks to a few

residents who helped volunteer

Annual Achievements - 2 Civil infrastructure

Swimming pool pillar leakage repair Children’s play area upgrade Re-laying of stones Replacement of cement slabs in the basement Installation of doors in the lift lobbies in the

basement Repairs and improvements in the lifts

CCTV Modernizing security Total 3 cameras installed : Main gate, A & B Block

lobbies. Total capacity 8 cameras.

Harvesting back-wash water Avoids water wastage Being used for gardening/car-wash

Annual Achievements - 3 Gym & club house upgrade

Repainted Renewed AMC with AFTON (original vendor) All the equipment in working conditions Gym flooring is replaced New cross-trainer purchased Next EC should look into replacing tread mills

Water in-flow increase Kaveri in-flow increased from 3L to 10L litres Great reduction in water tankers

LPG KYC compliance Govt mandate Lot of changes in policy and rates Lot of documentation needs Hard work by Mr Peter and Mr Anil

Annual Achievements - 4 Association Office computerization and

digitization Laptop (thanks to Mr Mahesh) Made existing printer in working condition Created google document repository Trained manager Many documents being scanned and available

electronically Need volunteers

Housekeeping & Security Managed to improve service with tight monitoring Job cards created to track and improve

housekeeping efficiency Security provider changed due to several reasons –

the latest, Allied Deccan providing reasonable service

Annual Achievements - 5 Wall-side parking regularization

Fire Dept notice The situation is existing from the last 5 years Creative solution No new slots created, existing slots reduced from

16 to 8 - co-operation from residents 5 visitor parking spots created Temporary solution : AGM needs to propose a

permanent solution Miscellaneous

Civil committee constituted Any upgrade/renovation needs EC’s explicit approval Request Residents to follow the rules/regulations and be

sensitive to your neighbors and community Notice boards installed in the lift

Enhances reach to the residents

Cultural & networking activities Kids’ club

Residents’ database updatedCollection of books – donation to Rakkum

school Increased participation in Sports & cultural

activities Summer carnival Mothers’ day Other

Fire drill.

Get togethers / Celebrations Elders’ day World Earth day Ganesh Chaturthi Diwali Mela Children’s day New year party Republic day Holi feast Residents’ dinner get together & a

relaxing half day picnic

Financials-1

35%

4%43%

18%

Splendor Income FY12-13

Corpus and other FD Interest

One time Fund

Maintenance subscription

Others

1

2

3

4

1

2

3

4

Financials-2

14%

4%

20%

19%

11%

7%

5%

3%

17%

Splendor Expense FY12-13

Upgrades

Repairs & Main-tenance

Housekeeping

Security

Electricity

Water

AMC + In-surance

DG Fuel & maintenance

Others & misc

1

2

3

4

5

6

7

8

9

1

2

3

4

5

6

7

8

9

Financials-3 Increase in maintenance fee in order to

meet increased expenses towards security, housekeeping, power, among others

Tight budget management One time fund collection enabled to have

many big upgrades and also meet many unforeseen expenses

Cash expense regulation and control

Financials-4 Current healthy balances

Three 3L FDs (@10% and 8% , Aug’13 maturity)

3.45L savings bank balance Corpus FDs (BoB)

90L & 65L@9.5% (upto March’14)

Additional FD (BoB)11.11L@9.5% (upto March’14)Done 5 years ago (surplus money during

initial years)

Challenges faced… Court issue

First time our association is taken to the court A-205 – chronic defaulter Recovered part of much long pending maintenance, some

more still to be recovered Wasted valuable time of EC members and association

funds Issues created due to B801-802

Caused some serious damages to homes, bathrooms and relationships.

The upgrades appear to have been done without professional help

Needed a lot of personal time spent by many individuals and three EC members to come close to an amicable settlement

1200 man hours spent by various residents Final resolution still not done Sincere request to residents to not have a repeat of this

experience ever again.

Challenges faced… Theft of fire accessories

48 brass lugs / couplings attached to the fire hose were cut & stolen

70% of the value recovered from security company in charge that time.

Fire department letter on wall-side parkingLot of hard-work by Mr President, Mr

Secretary and parking sub-committee Waste management

A few residents are still not co-operating Respecting the by-laws and

neighbors will avoid a lot of issues !!

Recommendations to next EC Copper cable installation

A back-up copper cable which brings power from the transformer to our apt was destroyed many years ago, needs to be replaced.

Corpus FD renewal (expiring in March’14) Water bill expense control

BWSSB rate increase and in-flow increase Water filter system repair

Leakages have developed in both the blocks Exterior painting of the building

Serious look at the funds and urgent need to get it done Anticipated need for DG replacement & repair Fire system audit

Most of recommendations by the Fire Dept are done Remaining need to be completed and NOC should be

obtained Children’s park equipment Cleaning of other unused sumps Pigeon menace control

Other Agenda & Resolutions – received from residents

1. Resolution on wall-side parking2. For any major renovation/upgrades

Prevent usage of heavy machines for renovation/upgrade

One time infrastructure use fee

3.

Anil - Needs update

Splendor : Upgrades in 12-13Upgrade Item Expense

Play area upgrade 38,160Lift tiles replacement and notice

boards 62,507

Fire system upgradation 1,73,949Gym flooring & upgrades 1,30,000

Club house & gym painting & chairs 49,500

Waste Treatment machine 1,00,960

CCTV 56,560

Basement Door Installation 29,000

Water Softener Revamp 16,649

Landscaping/Go green 29,000

Swimming Pool service/pillar leakage 20,440

Lift Glass expenses & white boards 13,196

Total 7,19,921

Thank you !!