It is made from cement, sand, and lime and hardens into a highly durable material that requires little maintenance. Traditional masonry stucco is a cement-based plaster that is applied over walls and other surfaces inside and outside of buildings. Stucco takes 28 days to fully cure and color can adjust for up to 90 days. Once the base coat is semi dry texture rock is added to the finish coat along with dyed water to match the texture currently on the home or business. With an expert eye the finish coat is color matched on site to the existing finish coat color and applied, this is called the base coat. (Installed to a 1\2 inch to 5/8 thick with the finished product surpassing 3/4 of an inch thick.) The finish coat is the last layer also know as the color coat. Next a layer of grey cement scratch coat is applied over the wire to build up a solid base for the color or finish coat. Conventional stucco is a mixture of sand, cement, lime, and pigments.Īfter the envelope will be repaired using black paper, rubber membranes, Tyvek or other building wrap to seal and protect the sheathing (with a proper overlap and shingle lap installation) a wire mesh is installed to reinforce the repair and stop cracking and checking.
The Condominium Property Act requires a reserve fund study every five years, and it’s up to the owners to be aware of the building’s condition, both physical and financial.Conventional stucco repair is not an easy job but with the right materials, skill and an eye for color it can be done. And they’ve received the notice, and there’s really no recourse for them,” said Masson.Ĭondo fees won’t necessarily cover the repairs. “Unfortunately, the Condominium Property Act sets out the ability for the board to make that determination that a special assessment has to be done. Lawyer Don Masson says it’s one of the worse cases of special assessment he’s ever seen. The Board and Management met several times with them to ensure that, as per the Condominium Property Act, they were acting in the best interest of all owners.” “An engineering firm was retained to assess and provide insight as to what they felt were priorities at Oliver Gardens. roof, building envelope, windows, etc.) have lived, or will soon have lived, their life cycle,” the company said in an emailed statement to Global News. “This building was built in 1980 35 years ago.
“It’s heartbreaking, honestly,” said Janelle Lane, who owes $45,000. The total cost of the repair is $2.3 million and each owner’s share is due Sept 1. “Complete financial shock and ruin.”Ĭondo owners received a letter last week notifying them of a special assessment, asking for payment to repair the building’s parkade, roof and foundation. “The first reaction was, I almost threw up,” said John Prior, who bought his condo seven years ago. Each of the condo owners is expected to pay an average of $45,000 for repairs on the Oliver Gardens building, located at 101 Avenue and 117 Street. Su-Ling Goh reports.ĮDMONTON - People living in a downtown condo building have been hit with a massive repair bill. They each owe about $46,000 and it’s due within weeks. WATCH ABOVE: People living in a downtown Edmonton condo building have been hit with a huge repair bill.
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