YRSCC 1279 Negotiations With Declarant - Update 7163 Yonge Street, Thornhill Further to the meeting held between The Liberty (Declarant) and representatives of the Corporation, Mr. Siamak Shabani & Mr. Reza Kamran appointed as the committee to negotiate with The Liberty on various matters, management has been informed that The Liberty has come into an agreement to lease the kiosks to the corporation for a period of 10-years at a cost of $1.00 per year plus TMI. Also, management has been informed the following items were discussed but have not been accepted: 1. The Liberty will rent the unit signs to corporation for $1 per year for 10 years (after that any increase must not be more than 3%) 2. The Liberty will rent the concierge desk to corporation for $1 per year (after that any increase must not be more than 3%) 3. The Liberty will pay $5/sqf to the unit owners who their units are not occupied yet. It helps to complete the floor, painting the walls and electrical works to make the lights on. 4. The Liberty will pay for design and making the interior signs of the building. 5. The Liberty will pay for signage in P1 entrance and also do the architectural drawing and getting the approval from City of Markham in order to open the new entrance from the mail box room. 6. The Liberty will pay minimum $200,000 for marketing in 2016. Should you have any questions or concerns, please do not hesitate to contact us at (905) 673-7338 during office hours. Respectfully, Duka Property Management Inc. Agent For and On Behalf Of York Region Standard Condominium Corporation No. 1279 Per Mihal Nani R.C.M. Regional Manager
Dear Unit owners of World Shops: I have received the mpac letter from many of the owners but not all. Please be aware this is the last opportunity to apply for reduction the Taxes by hiring the Altus Group company in order to adjusting the: mpac Property Assessment amount. They said they would not charge in advance. They will get 35% of the Tax saving ,if they could reduce the Tax. The condition are in their agreement and you will read it before signing. So please email me your mpac notice by Wednesday Feb03/16. Best regards, Eskandar Azadi Board of Directors member
Dear unit Owner/Tenant of World Shops: Please be aware, the Online property management increased 12% the budget for 2016-2017 for Shops On Yonge. They also have increased 7% the budget on last year. This huge amount of maintenance effects on whole project of World on Yonge who already people have problem to balance the costs here.