THE OWNERS OF STRATA PLAN VIS 1178 GOLDSTREAM TOWNHOUSES WEBSITE: http://www.2771spencerrd.

com MINUTES OF ANNUAL GENERAL MEETING HELD ON MARCH 28, 2013 at the Goldstream Townhouses Clubhouse CALL TO ORDER Dale Harder of Firm Management confirmed from the attendance sign in sheet that a quorum had been reached with 21 units represented in person, plus 3 proxies for a total of 24 from a possible 45. This represented a 53% of total ownership. The meeting was called to order at 7:04pm. PROOF OF NOTICE Proof of Notice of the meeting was filed in the Strata Corporations records at the offices of Firm Management, notice having been mailed to all registered owners on March 8, 2013. APPROVAL OF AGENDA Strata Lot 1 moved, seconded by Strata Lot 45 to approve the agenda as presented. Carried. ADOPTION OF MINUTES Strata Lot 45 moved, seconded by Strata Lot 21 to adopt the minutes of the Annual General Meeting held March 15, 2012. Carried. REVIEW OF INSURANCE In accordance to the Strata Property Act requirements that the Strata Corporations insurance policy be reviewed at each AGM, Dale Harder discussed in detail the 2013/2014 insurance policy citing an increase in premiums due to insurance industry changes. The Summary of Insurance Coverage is attached. There was some discussion on the premium amounts. Owners are reminded that they should obtain their own individual insurance coverage particularily for liability, betterment damage and for protection against special assessment for the deductible portion of an earthquake claim. INCREASE TO EXTRA PARKING FEES There was discussion surrounding the increase to the fees and abuse of visitor parking. Owners are reminded that in accordance to bylaw 3(5) Parking: Vehicles which are improperly parked will be subject to tow away at the owners expenseUnder no circumstances will council be responsible for towing and/or storage fees. A parking plan is in place and strata council will work with residents to implement it. Strata Lot 3 moved, seconded by Strata Lot 38 to increase extra parking stall fees to $ 15.00. In Favour: 14 Opposed: 4 Abstain: 4. Motion passed. CONSIDERATION OF THE 2013/2014 OPERATING BUDGET Prior to voting, Dale Harder reviewed the budget with owners. Increase to strata fees is attributed to: 1. Increase in insurance premiums 2. Depreciation Report must be completed by December 13, 2013 3. Water rates have increased over previous years 4. Continued remediation of attics has been included (20 units for this fiscal year) Strata Lot 22 moved, seconded by Strata Lot 45 to accept the 2013/2014 Operating Budget as presented. In Favour: 14 Opposed: 7 Abstain: 3 Motion Passed ELECTION OF STRATA COUNCIL Tammy Quinn, John Vallis, Angela Barr, Ray Ilott and Jason Wilmot agreed to stand for council for 2013/2014. Michael Strangeway and Lillian Budic volunteered. Strata Lot 1 moved, seconded by Strata Lot 5 that there being no other nominations or volunteers to close nominations and accept the Strata Council as presented. Carried. The new council will meet briefly after the AGM to determine various officers.

GOLDSTREAM TOWNHOUSES AGM MINUTES March 28, 2013

OTHER BUSINESS Dale Harder announced that he would no longer be the property manager for Goldstream Townhouses and introduced Aaron Chan to the Strata Corporation. Owners were reminded that they must have their dogs under control at all times which also includes having them leashed when on common property. A discussion was brought forward about having an off leash area for the Strata Corporation. Council agreed to table this request in a future strata council meeting. It was explained that the request would change common property and therefore would need a vote to make such change. Owners were reminded to clean up after their pets An owner brought forward numerous issues: o The web page had confidential information which was open to the public. The web designer took responsibility for it and has since corrected it. o A call for volunteers to assist in the maintenance of the complex. o Could sub committees be created to address maintenance such as painting and fences o What efforts are being made to better the communication for strata council. Can the webpage have an inclusion for a call for volunteers? Web designer to add to the site. When are roofs to be completed? Roofs will be completed on the final building and clubhouse this year. More general meetings were requested. Aaron Chan addressed by indicating that all strata council meetings are open to residents to observe and council meetings will be placed on the strata council meetings. For those who wish to address strata council, they are to make their request in writing addressed to the strata council. Residents are reminded that flicking cigarette butts is prohibited. Owners and tenants are asked to use ashtrays or cans to place their cigarette butts. Council is working to have a large truckload of soil to be brought to the strata. Should you wish to have some of this soil for your personal gardens, please contact a council member. Residents are reminded of the web site forum which will allow for better communication amongst owners and council members. TERMINATION Strata Lot 3 moved that there being no further business, to terminate the meeting at 8:30pm. Carried.

Prepared by Firm Management Corporation Suite 200-1931 Mt. Newton X Road Saanichton, BC V8M 2A9 (250) 544-2300 (250) 544-0550 Email: aaron@firmmanagement.com

GOLDSTREAM TOWNHOUSES AGM MINUTES March 28, 2013