All contributions have been made but replacements needed have not been done!
My Condominium made $490,000-$540,000/year annual contributions into reserve fund but according to the Condo corporation report there are ~ $80,000-$92,000 annual expenses for major repairs and replacements done for something not planned. But the main components like wall paper and baseboards in the corridors have not been replaced in spite of the Expenses' plan of the Reserve Fund Study.
The wall paper in the corridors is worn and dirty! Owners raised the problem on AGM but the board prefers to save money rather than to realize the planned replacements.
What owners can do to make the Board to perform Condo replacements which owners have already paid for in advance, as annual Contributions into Reserve Fund?