We routinely include this issue in the Notice of Agenda for Annual General Meeting under
"insurance". We recommend that a valuation be obtained at least every 3 (three) years in
order to ensure that suitable insurance is being sought for the most up to date building
valuation.
If agreed to at the AGM, we schedule this valuation for 2 months prior to the date of insurance
renewal, and request our Insurance Brokers to seek insurance quotations with respect to the new
valuation and Council of Owner instructions.
