2026
Extraordinary General Meeting

The event is the 2026 Extraordinary General Meeting (EGM) of the Oubaai Homeowners Association. It is scheduled for 19 February 2026 at 17:30 and will be conducted as a hybrid meeting, held both at the Oubaai Hotel and virtually via the Lumi platform.

The meeting serves as a formal assembly for members to review and vote on the following key items:

  • Budget and Levies: Consideration and approval of the 2026/2027 Operational and Village-defined budgets and their associated levy increases.

  • Infrastructure Upgrades: Approval of major capital projects, including a upgrade to the Main Gate and internal access gate improvements.

  • Lifestyle Centre Mandate: Voting on a mandate for the Board of Trustees to continue negotiations for the refurbishment and reopening of the Lifestyle Centre.

  • Status Updates: Discussions regarding the review of the estate’s constitution and a municipal water review.

EGM Pack 2026

This document is the 2026 Extraordinary General Meeting (EGM) pack for the Oubaai Homeowners Association.

EGM Pack Contents

This is the official Table of Contents for the Oubaai Homeowners Association 2026 Extraordinary General Meeting (EGM)

EGM Agenda

This agenda details the proceedings for the Oubaai Homeowners Association Extraordinary General Meeting.

Covering Note Budget Increase

Key financial adjustments for the 2026/2027 financial year are outlined in this cover note for Oubaai Homeowners Association members.

Operational Budget and Levy

This budget outlines the transition from the 2025/2026 forecast to the proposed figures for the upcoming financial year.

Village Defined Levy

Details regarding the Village Defined Maintenance Levy for the 2026/2027 financial year are provided in this document, specifically for Full Title (FT) units within the Falls, Terrace, and Heights suburbs.

Capital

Proposed budgets for capital projects during the 2026/2027 financial year are divided into two main categories: the Capital Expenditure Reserve and the Capital Improvement/Replacement Reserve.

Changes in Equity

Equity movements for the Oubaai Homeowners Association are tracked across two financial periods, showing a projected increase in total value in this document.

Main Gate Upgrade Project

The Oubaai HOA has proposed a comprehensive upgrade of the estate's Main Gate to address ageing infrastructure and operational inefficiencies. This project is designed to enhance security, improve traffic flow for residents and visitors, and modernize the estate's primary access point.

Internal Access Gates Upgrade Project

Proposed upgrades for the internal access gates target two specific locations to improve traffic safety, emergency compliance, and protection for staff and equipment.

Proposed Resolutions - Capital Expenditure

Formal resolutions for the 2026/2027 Capital Projects have been drafted for member approval, categorized by the specific reserve fund used for financing. These motions empower the Board of Trustees to appoint contractors and execute the necessary agreements to modernize estate infrastructure.

Lifestyle Centre Proposal Executive Summary

The Board of Trustees is seeking a formal mandate to negotiate the refurbishment and reopening of the Lifestyle Centre (LSC) with its owner, KSK Oubaai International. This proposal aims to restore essential social and fitness amenities following the facility's closure in February 2025.

Proxy Form

Members of the Oubaai Homeowners Association can use this official Proxy Form to appoint a representative to vote on their behalf at the Extraordinary General Meeting (EGM).