San Lameer Newsflash/Nuusflits Jan/Feb 2018 | Page 2

Chairman’s Overview 2017 / Voorsitter se Oorsig 2017
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Dear Homeowners, operational areas of our business.
2017 was a busy year for San Lameer, and I'd like to take this opportunity, on
behalf of the Board, to thank you all for your support and positive
contributions. I would also like to take some time to reflect on the past year,
and share with you some of the initiatives planned for the times ahead. Managing Director
The responsibility for the day-to-day running of the business and the
implementation of strategy and other board decisions rests with our
Managing Director and his team. This provides an accountability framework
against which their performance is measured and assessed by the Board.
AGM and information meetings
The input of our homeowners is imperative, in that it enables the Board of
Directors to continue to represent the interests of our owners. For this reason,
the annual AGM was once again preceded by the traditional information
meeting during which homeowners had the opportunity to raise any matter to
be discussed in detail. We hold an AGM not only because it is a legal
requirement but also to share and communicate key decisions and matters of
interest.
Roles and responsibilities
Board of Directors
The Board of Directors' role is defined in the memorandum of incorporation,
but generally is one of oversight, governance and the setting of strategy. In
order to deal with these objectives in an effective manner the Board operates
via a structure of board committees, which ensures a proper focus on the key
Overall objectives
All actions and objectives are consistently measured against the following
vision:
Ÿ As a Board, supported by management, our overall objectives in managing
our estate remain the creation of a premium brand with facilities and a
culture that will make us both an investment as well as a holiday
destination of choice.
Ÿ ·To achieve the above we set high expectations of management to ensure
that our primary objective of meeting our homeowners' expectations is
met on a continuous basis - we want this paradise to be a very special
place for you and your families – a place where you get rest for your soul
and build memories …
Key focus areas for 2017
With the above in mind, our key focus areas during 2017 specifically included:
Continuing with our established and approved maintenance and
upgrade programme
While we are acutely aware of the financial implications of this programme
for homeowners, the overwhelming positive feedback from both homeowners
and visitors to our estate more than supports its merits, and we thank you for
your support. The Board and management are committed to completing this
key programme.
Managing water supply issues
Recognising the lack of a stable and reliable water supply to our estate (and
the negative impact on our homeowners, visitors, as well as the San Lameer
brand in the marketplace) the Board established a special task group in
November to assist management in establishing a backup water supply
strategy for the estate. The intention is for our estate to be self-sufficient
during peak times for two to three days during periods of interrupted water
supply.
Upgrades
Homeowners will have observed the continuous projects that take place to
enhance the facilities and aesthetics of our estate. Recently completed
includes the repaving of certain areas, upgrading the swimming pool area and
the creation of a dam with a paved lookout deck for nature and bird lovers.
Chairman: Andries Brink
2018 will certainly see these projects continue, along with a planned upgrade
to the street lighting and signage to further enhance the curb appeal value of
our estate. All of these initiatives are aimed at ensuring that we move our
estate forward, keep pace with an ever-changing environment, look after
homeowner investments, and create a unique and pleasant culture on our
estate.