A very special resolution

A very special resolution

Dock 5 has become the first known Docklands owners corporation to pass a special resolution.

Special resolutions are notoriously difficult to pass as they require 75 per cent of owners to vote affirmatively.

Significantly, Dock 5 achieved an immediate special resolution on November 28 with more than 75 per cent agreement on a plan to alter the exterior of the building.

According to OC member Tom Burt, the plan involves the extension of the louvres on levels four, five and six on the Cumberland St side of the building around the corner onto the Hubbuck Lane side.

Mr Burt said Dock 5’s original design involved a “living wall” of vegetation on the Hubbuck Lane side of the building.

Mr Burt said the OC had worked closely with Dock 5 developer Lend Lease to establish the living wall but had been unsuccessful.

“Despite four re-plantings in seven years in an effort to generate growth, regrettably we couldn’t get anything to grow, despite our best efforts,” Mr Burt said.

Mr Burt said the Dock 5 had decided to seek an alternative to the “living wall” about a year ago and had worked closely with Lend Lease to determine the best solution.

Lend Lease will contribute funding towards the alteration work.

“This has been a joint effort to overcome the problem we have had,” Mr Burt said.

The Dock 5 OC has previously achieved interim special resolutions, which happens when 50 per cent of owners vote in favour of a proposal and less than 25 per cent vote against it.

The resolution then sits for 29 days to allow for objections and then becomes a special resolution after this time-frame has passed.

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