Proposed change to Destination KRL membership fees
At our upcoming AGM, 6pm on Monday, 14 October, members will vote on an important motion regarding membership
fees. Membership fees comprise of two components; a fixed fee payable by all members, and a variable fee based on property capital value. A motion will be raised at the 2024 AGM to reduce the Destination KRL membership flat fee component from $500+gst to $350+gst.
This adjustment is designed to ease the financial burden on the majority of our members who run smaller businesses. For businesses with higher property capital values, this change will result in a variable increase in the membership fee, depending on the capital value of each property. This approach ensures a more equitable distribution of costs across our membership.
Destination KRL Members present at the AGM will be asked to vote on approving this recommended change to the membership fee structure. Voting will take place during the AGM, 6pm-7pm, Brentwood Hotel, 16 Kemp St, Kilbirnie.