Thank you to all the Members who provided feedback on last week's proposal from the Board of Directors, on a path forward to address Member concerns regarding the decision and transition to the PropTx MLS® ecosystem. While there were a range of perspectives, some salient points were raised about the purpose of a special meeting versus an annual general meeting, whereby the latter should be an opportunity to celebrate important individuals and achievements with members and special guests.
Therefore, the Board has secured the RBC Centre on May 13th from 10:00 am - 12:00 pm for a Special Meeting and LSTAR will maintain June 25th for the Annual General Meeting.
All Members are invited to put forward business items and questions until end of day (4:30 pm) on Wednesday, May 1st, using this form, which will allow LSTAR to quickly collate the items and issue an agenda within the required timeframe. LSTAR is working with the organizers of the original petition to ensure that all business brought forward are still relevant and in an actionable format under LSTAR's By-laws and ONCA.
All Members in Good Standing may attend and vote in-person, or assign a proxyholder to vote on their behalf (a Member may only hold one proxy), as per LSTAR By-law 5.9.
Proxy forms must be sent to LSTAR (bill [at] lstar.ca (bill[at]lstar[dot]ca)) no later than Saturday, May 11, 2024 at 10:00 a.m. (48 hours prior to the commencement of the meeting).
Proxy forms are available here. Download and Save prior to filling in. Signatures are required.
LEGAL OPINION OF MEMBER PETITION
LSTAR's legal counsel has also provided an opinion on the original petition and the proper format for requisitioning a special meeting, please find that here. LSTAR committed to providing this information at the Member Information Session last Thursday.
LSTAR will review our governance documents to ensure this information is clearly conveyed and accessible to all members now and moving forward.
As always, you are invited to reach out to LSTAR CEO Bill Madder at anytime via email at bill [at] lstar.ca (bill[at]lstar[dot]ca) or via text at 548-788-5100 if you have any concerns.
