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Stay or sell: Cyprus Community of NSW members to vote at Extraordinary General Meeting

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The Cyprus Community of NSW has called for an Extraordinary General Meeting (EGM) scheduled for Sunday, 11th February 2024, at 3pm, to address critical decisions regarding the future of its property at Stanmore in Sydney’s Inner West. 

The EGM agenda includes discussions on property rezoning, the Community’s state of operations and finances, and the key decision of either staying and implementing specific actions or selling the Stanmore property. 

The resolutions involve authorising the Board to explore options, proposals, and offers from interested parties, with detailed instructions on potential actions, including staying, refinancing, selling, or redeveloping the properties. 

Cyprus Club
On Sunday, February 11, people will be able to vote on saving or selling the iconic Cyprus Club in Stanmore. Photo: Broadsheet.

Members attending the EGM will vote on these resolutions, with the option to choose between staying or selling, each with specific sub-options. 

Voting will be conducted via a paper ballot, and the resolutions aim to guide the future direction of the Community’s Stanmore property.

This current EGM comes after the Community postponed its previous EGM which was expected to be held in October 2023. The meeting was postponed at the time after Community members expressed concerns regarding the controversial vote to either stay or sell the Stanmore property.

The full EGM resolutions have been delivered to members of the Cyprus Community of NSW via email or by post. If you have questions, you can email cyprusclub@optusnet.com.au.

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