2024 AGM
April 11, 2024

2024 Annual General Meeting

This year's Annual General Meeting (AGM) was held on Thursday, May 9th, 2024 at 7:00 p.m. via Webex. To register, members emailed their name and member number to AGM@homestead.crs by 5:00 pm on May 6, 2024.

The Annual General Meeting is one of the key ways members can participate in the democracy of Homestead Co-op. We encouraged all members to attend and participate.

Agenda Items:

• Annual report of the Board & Management to the membership
• Presentation of the audited financial statements
• Appointment of auditors
• Election of Directors
• Bylaw Amendment: Bylaw Change Proposal- 7.07 Priority of Payment

Bylaw Change Proposal: 7.07 Priority of Payment

Current Bylaw
If the Cooperative resolves to repurchase membership shares from or repay patronage loans to members, they must do so in the following order of priority:
(i) to deceased members whose death has been reported to the Cooperative;
(ii) to members who have reached the age of 70 years;
(iii) to members who have moved out of the area served by the Cooperative;
(iv) to the remaining members on a proportionate basis;
(v) and to members whose membership has been withdrawn or terminated.

Proposed Bylaw
If the Cooperative resolves to repurchase membership shares from or repay patronage loans to members, they must do so in the following order of priority:
(i) to deceased members whose death has been reported to the Cooperative;
(ii) to members who have reached the age of 70 years;
(iii) to members who have moved out of the area served by the Cooperative;
(iv) and to the remaining members on a proportionate basis.

Our 2024 AGM Poster is available by clicking on the first attachment below.


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