The Estonian House Board sets the record straight on the Tulge Külla initiative. ESTONIAN LIFE
The Estonian House Board is aware that there is an initiative called “Tulge Külla” which professes to be a “contingency plan” should the Madison project not proceed.
The “Tulge Külla” Steering Committee does not have the authority or ability to redevelop the Estonian House on Broadview. This is the accountability and responsibility of the Estonian House Board of Directors as elected by its shareholders.
A supermajority (greater than two-thirds) of Estonian House shareholders voted in favour of the Madison project in April 2017. The due diligence was completed, has been shared on-line, and found satisfactory by the Boards of the Estonian House, the Estonian Credit Union, the Estonian Foundation of Canada, and Tartu College. Acting on the mandate received from the EHL shareholders, the Estonian House has been sold to Revera subject to certain conditions. When these conditions are satisfied or waived by Revera, the sale to Revera must be completed. The purchase of the Madison Avenue property will be completed shortly.
The Estonian House is partnering in this development with the project’s major anchor tenant, the Estonian Credit Union, as well as with two of the Estonian community’s major institutions, the Estonian Foundation of Canada and Tartu College. The project is supported by the volunteer efforts of leading Estonian community members and has already secured significant donor funding. The Madison project is progressing on schedule with increasing excitement and positive feedback from the Estonian community both locally and internationally, and by Annex ratepayers.
For a group such as “Tulge Külla” to actively campaign against the Madison project or to advance unlikely alternatives, both to the Estonian community and among the Broadview residents community, is uncalled-for and contradicts the mandate expressed by Estonian House shareholders.
Any fundraising done by this group is not necessarily in aid of the Estonian House or the community, nor are they accountable to the Estonian House Board of Directors or its shareholders. The actions by the “Tulge Külla” individuals appear to be based on unrealistic expectations and misrepresentations, and their continuing actions could be a source of ongoing division within the Estonian community.
The Board of Directors of Estonian House in Toronto Ltd. fully supports the new Estonian Centre on Madison. While we respect opposing views, the community is now best served by working together to make our new home a reality. Please keep up to date on project progress at
www.estoniancentre.ca. This is the time for us to come together to build our Estonian Centre on Madison.
Related:
https://www.eesti.ca/tulge-kul...
Viimased kommentaarid
Kommentaarid on kirjutatud EWR lugejate poolt. Nende sisu ei pruugi ühtida EWR toimetuse seisukohtadega.
Jaak Järve31 Oct 2018 15:28
When I refer to block votes, I am referring to organizations, that have management personnel voting on behalf of that organization. I have no problem with proxies, (as long as organizations do not give their block of votes as proxies to individuals.) I know that some boards never even bothered to ask their membership what way they should vote. I represent the Toronto Estonian Chess Club, and we have a block of 65 shares. We don't even have a dozen members. Is it fair that I cast my block vote?
No seniors using the EM?31 Oct 2018 15:00
"A fundamental Estonian concept is that the community is responsible for the welfare of its people. This is not an option but a mandate; the people (young and old) must be taken care of. "
A funny thing ... if you read the Madison due diligence report, the only mention of seniors is in reference to Revera. The document mentions groups using the house, but no mention of the seniors events. I guess they don't matter. Yes, you need to think of the dwindling number of kids in our community, but the bulk of users will be seniors when the building is built... would be prudent to acknowledge that and indicate that they are being considered for the new centre. They will be, in essence, the main users, provided you are able to get them back on side. The 80 and 90 year olds aren't in a rush to exit stage left and will be around. You have left them to the sidelines, not even giving them afterthought status.
Question about blocks31 Oct 2018 13:43
So are you suggesting that just people present in the room can vote? So the different sides won't be able to gather large amounts of proxies to create their own voting blocks?
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