Because some owners felt it would make our building look more modern/attractive than our current stucco, a resolution was presented to owners at our Special General Meeting last September for metal cladding at an estimated extra cost of $1,584,560 (one million, five hundred and eighty-four thousand, five hundred and sixty dollars).
That resolution required a 3/4 vote to pass, and was defeated with 52 in favour and 49 opposed (4 abstained). Because it was defeated, we did not seek a tender for metal cladding.