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Annual Buget
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Preparation of a draft annual operating budget.
Presentation of same to board no less than 60 days prior to fiscal year
end.
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Arrears
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Monthly statements of arrears to delinquent
owners, subsequent registration and discharging of liens in conjunction
with the corporation's solicitor in accordance with the condominium act.
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Audits
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ICC acts as liason between corporation
and corporation's auditor.
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Banking
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ICC managed current accounts take
advantage of a banking agreement between ICC and The TD Bank.
Monthly service charges are kept at a minimim while all accounts earn
interest at a rate of prime less 2%.
ICC also provides its clients with the
option of pre-authorized payments of maintenance fees.
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Payroll
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Complete payroll administration including direct
deposit for all staff. ICC also provides through Great West Life
Insurance, a benefit package which may be tailored to each individuals'
needs.
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Utility Savings
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A natural gas purchase agreement between ICC
and ECNG Inc. allows us to purchase natural gas in bulk directly from
producers, marketers or local distrubutors on behalf of our clients. This
enables our clients to receive a savings via a "gas rebate". ICC
receives no commissions from the rebates received.
In November 2000, electricity deregulation will
allow ICC to make similar arrangements for its clients with hydro
as it does with natural gas. We are currently researching this option
for our clients.
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