Nick Reid nomination for Director 2022-23
Ralph Erthel nomination for Director 2022-23
Governance
Annual Budgets 2022-23
Special Resolution for proposal at Annual General Meeting 13 August 2022:
Proposal:
To accept the Goolawah Co-operative Ltd Annual 2022-23 Administration and Infrastructure Budgets as posted on the Co-operative website 09 July 2022.
PROPOSED: Wayne Skinner, SECONDED: Bronwyn Little
Rationale:
The budgets consider the administration expenditure and requirements for infrastructure replacement and projects for the 22 – 23 financial year.
2021-22 Surplus has been placed into consolidated funds.
The outstanding liability for completion of the road per the DA is not considered in this budget however it is in the 10 year Master plan.
Should funding be required for Court action against KSC regarding the DA appeal, this will come from the Infrastructure DA road fund.
Liability exceeds revenue in both 2022-23 budgets however it is considered that the Levies remain the same with additional funding requirements taken from consolidated funds.
Contingency of $10,000 has been included.
Funding for any new projects may be considered and approved separately at a GM during the fiscal year.
Invitation to Nominate as Director
The 2022 Goolawah Co-op Annual General Meeting is set for 9am on 13 August 2022, at the Camp Kitchen.
Nominations for Director are to be submitted by 9am Saturday 30 July 2022.
If you are interested in standing for election to the Board, please submit a nomination, including your qualifications and experience, to the Secretary, either by email to Secretary.Goolawah@gmail.com or in writing with a signature.
The election procedure is described in detail in Rule 33.
This outline of the Director role and responsibilities may be of assistance:
Goolawah Co-op Insurance Cover
Our insurance policies are attached, with a document explaining Liability insurance.
As required by Legislation and Goolawah’s rules, the board has renewed insurance cover for Property and Liability. Details are attached. Liability insurance does not cover a member for any wilful breach or anything unlawful.
Rule 62. Insurance
a. The board shall arrange insurance against loss, damage to or liability of the co-operative by reason of fire, accident or otherwise.
b. The board shall affect and maintain a policy of insurance for the indemnity of the co-operative against any pecuniary loss to the co-operative resulting from any act of fraud or dishonesty committed by any director, any member or employee (as defined by Rule 40) of the co-operative in connection with their duties.
BROKING 20220421 Invoice – GOOLAWAH – 35523
BROKING 20220412 Invoice – GOOLAWAH – 34802
Liability_and_insurance_Infosheet_Jan2015
QM485-1016 Steadfast Commerical retail industrial business pack insuance_web
Goolawah Co-op Members 