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					                                                                                               1
    MINUTES OF THE ORDINARY GENERAL MEETING OF THE COMMUNITY OF OWNERS
                 RESIDENTIAL “LA HERRADA 63-106/618-639”,
                         HELD ON JANUARY 19TH 2007

                                       ATTENDING

   CAMPBELL, JOHN ROBERT          APT.63         1.51515
   RICHARDSON, RICHARD            APT.65         1.51515      Proxy: FORREST, GRAHAM
   HOWSE, Mª PURIFICACION         APT.66         1.51515
   McLOUGHLIN, GEORGE             APT.68         1.51515
   WENS-DAUSY, LUCAS              APT.69         1.51515
   GORDON,W. RENNIE               APT.71         1.51515
   COTTRELL, IAN & SHARON         APT.75         1.51515
   FORREST, GRAHAM                APT.77         1.51515
   TWIGG, ROGER                   APT.79         1.51515      Proxy: CHAPMAN, D. THOMAS
   BURROWS, GRAHAM                APT.81         1.51515      Proxy: SHARMA, H. KUMAR
   KLEIN, ALAN                    APT.83         1.51515      Proxy: SHARMA, H. KUMAR
   EASTWOOD, IAN & ANNA           APT.85         1.51515
   SHARMA, HARJINDER KUMAR        APT.90         1.51515
   CHAPMAN, DAVID THOMAS          APT.95         1.51515
   MASON, DAVID KEVIN             APT.96         1.51515
   CAMPBELL, REGINALD             APT.98         1.51515
   STRINATI, M.CAMILLO            APT.99         1.51515
   BUTLIN, BARRY WILLIAM          APT.104        1.51515
   BREEDON, MARK ANTHONY          APT.105        1.51515
   YOUNG, KEITH                   APT.106        1.51515
   EDMUNDS, PAULINE               APT.618        1.51515
   PEACOCK, BARRY JOHN            APT.620        1.51515
   MOHAMMED, ADEL IBRAHIM         APT.621        1.51515
   COWD, PETER ANTHONY            APT.622        1.51515
   LAUNDERS, ANN                  APT.623        1.51515
   LYONS, MARK                    APT.624        1.51515
   COX, BARRY DAVID               APT.625        1.51515
   BERRY, SHAUN DAVID             APT.631        1.51515      Proxy: BATER, GRAHAM JOHN
   McCONNELL, DAVID HUGH          APT.633        1.51515
   BATER, GRAHAM JOHN             APT.635        1.51515      Proxy: BATER, GRAHAM JOHN
   BLACKHURST, JOHN STEPHEN       APT.636        1.51515
   YOUNG, CHRISTOPHER GEORGE      APT.638        1.51515      Proxy: BATER, GRAHAM JOHN
   ELLIOTT, MICHAEL PETER         APT.639        1.51515      President

                      SUM OF COEFFICIENTS..      49,99995.-
                         TOTAL ATTENDING..       33

      In the town of Los Montesinos (Alicante), at 10.00 a.m. on January
19th 2007, at the hotel “La Torre”, situated in the Industrial Area II
(“Polígono Industrial II”) of Los Montesinos, in second calling for the
lack of quorum in first calling, the Ordinary General Meeting of the owners
of the Residential “LA HERRADA 63-106/618-639” is held, legally convened by
the President with the attendance of the above mentioned.

      The President opens the meeting and proceeds according to the
following Agenda included in the summons, which was duly sent to all the
owners:

                                         AGENDA

       1.-   REPORT FROM THE PRESIDENT.
       2.-   APPROVAL OF THE BALANCE OF THE ACCOUNTS FOR THE EXERCISE JUN
             06/DEC 06.
       3.-   APPROVAL OF THE LIST OF THE OWNERS´ BALANCES TO ISSUE FINAL
             DEMAND.
       4.-   APPROVAL OF THE STANDING ORDERS OF THE URBANISATION.
       5.-   ELECTION OF THE OFFICERS. PROPOSAL FOR THE PRESIDENT TO BE
             EXEMPT FROM PAYING THE COMMUNITY FEES.
       6.-   APPROVAL OF THE BUDGET FOR THE EXERCISE JAN 07/DEC 07. APPROVAL
             TO PAY THE COMMUNITY FEES EVERY 6 MONTHS.
       7.-   ANY OTHER BUSINESS.


      Next the subjects included            on   the   Agenda      are   discussed     and   the
following agreements are adopted:
                                                                             2
      The updated list of the debit balances on the date of the meeting is
read to those present and the following debtors will not be able to vote as
established by Art. 15.2 of the Horizontal Property Law:

       APT.67     PATEL, NARENDRA DINUBHAI                   153,00
       APT.78     ROBERTS, GRAHAM MARK                       153,00
       APT.84     MUDIGONDA, NAREN                           153,00
       APT.618    EDMUNDS, PAULINE                            68,00
       APT.629    MURDOCH, JOHN HARROWER                     153,00
       APT.634    CORNEY, JAMES ALFRED                       153,00

1.-     REPORT FROM THE PRESIDENT.

     The President of the Community welcomes all those present and thanks
them for their attendance. He was particularly please to welcome the May
or of Los Montesinos and hoped that he would have an enjoyable, worthwhile
and interesting meeting.

     The Mayor of Los Montesinos, Mr. José Butrón, assists the Owners’
Meeting. Then the owners are given the opportunity to make their enquiries
regarding the running of the Urbanisation.

The following enquiries are made to him:

       Public Transport:
      At present there are no plans for the public transport from La Herrada
      because it is the first urbanisation in Los Montesinos. A bus line will
      be probably created in the future from La Herrada to the adjoining
      towns.

       Public Transport to Torrevieja:
      There is a bus line from Orihuela to Torrevieja. From February 1 st 2007,
      the same bus will make a stop at the new Torrevieja hospital too. The
      neighbours shall check the timetable and bus stops at the Town Hall.

       Plans for planting grass in the green areas:
      Due to the shortage of water in the area, it is planned to plant grass
      in the roundabouts of La Herrada only. The rest of the green areas will
      be decorated with plants which do not require a lot of water.

       Link or track from the Urbanisation to the village:
      The road track where the neighbours are used to go on foot to arrive in
      the village has been arranged with paving and street lighting.     Also
      another road is being planned to be realized.

       Rubbish skips and Recycling bin area:
      Very soon more rubbish skips will be installed.     The existing rubbish
      skips will be fixed and 7 or 8 recycling bin areas will be installed too
      (recycling bins).

       Responsibility regarding the pavements condition:
      Until today the builder is still responsible but the existing complaints
      shall be made to the Town Hall in order for them to contact the builder.

       Park made of sand:
      The neighbours are complaining about the sand, which is swept away in
      the road and stops there when it rains. The Mayor says that this problem
      will be solved.

       Areas without constructions near the Community:
      There is a scheme for the construction of 44 houses.
                                                                            3
   Stray dogs:
  The dogs which go loose along the streets will be taken to the municipal
  kennel.

  Some areas will be prepared in the Urbanisation for the dogs of the
  neighbourhood.

   Rubbish on a plot where it seems that a villa is going to be built.
  The owner will be localized and will be sent a letter.      If the owner
  does not clean the plot, the Town Hall will clean it and will send the
  invoice to the said owner.

     The Mayor thanks the Assembly of the Owners for the invitation and at
the same time those present thank him for attending the meeting.

-------------------------------------------------------------------------

     Mr. Graham Bater , the representative of the “Crime Watch in Spain”,
speaks to those present and presents the report regarding the current crime
and personal security situation across La Herrada. He particulary focused
on burglaries which have occurred in the urbanisation.

     In addition, Graham warns about the robberies from cars which are
happening in and around the neighbourhood.

     He recommends all the neighbours to report the robberies and to inform
the President or Graham himself.     He spoke about a recent meeting with
officials from the Town Hall, specifically the Chief of Police who wished
to have a record of all the anti-theft devices which are installed in their
properties.   A form to complete was available at the meeting.         Also
available was some simple guidance when telephoning the Police about
personal security situations.

     Next, the President, Mr. Michael Elliott, proceeds with the report
regarding the Community of Owners and its running since the constitution of
the Community

     He explained the workings of the Committee and informs about the
Committee Members and thanks them for their collaboration insistently. He
expressed particular thanks to Amanda and Ann who had made a valuable
contribution to the Committee but who now were standing down.      He also
thanked both Javier and Lola for their attendance

. Fundamentally he felt strongly that when we assumed responsibility for
our Community on 16 June 2006 it was NOT FIT FOR PURPOSE.         This more
especially was reflected in the condition of the Community Swimming Pool.

     He explains that the legacy of these deficiencies most of which are
still unresolved and pending to be repaired by Torrevisa causes contant
irritation, and is a totally unacceptable situation.        Regarding this
matter, the Administrator of the Community explains that at the moment, the
repairs of the deficiencies have been claimed in an amicable way but if the
community is prepared, proceedings can be taken.

The current condition of the Swimming Pool was a considerable cause for
concern. Some repair work had been carried out but the current situation
was totally unacceptable. After some detailed discussion on a pragmatic
way-ahead, which included challenging the builder on their lack of
compliance with International (Building) Standards, a formal representation
by independent Solicitors as well as a 'Risk Assessment by the Insurer - it
was agreed that the pool should stay open in spite of the obvious defects.
The hazardous areas will be cordoned off until defect work is completed.
Torrevisa and the Pool builder will AGAIN be instructed to repair the
defects.
                                                                           4
The Chairman wished that the the Swimming Pool should be developed by such
as decorating the pool surrounding wall with a graphic design, installation
of permanent seating and permanent shading. Other minor improvements such
as towel pegs or hook were also proposed. A 'Sub-Committee' of community
member was proposed - interested members should speak to their Committee
representative or the Chairman


     The Administrator recommends the neighbours to make their claims
individually because the procedure will be faster than the claim made by
the community.

     In addition, the Administrator suggests to ask the Mayor the reason
why the Certificates of Habitation have been granted when the community has
so many deficiencies.

     The President informed the meeting that the concerns over the public
street-lighting was now resolved. All the street lights installed are now
illuminated appropriately.   A timing device is to be installed for the
swimming pool lights to provide illumination in this area and to assist in
security.

     The neighbours are asked to control the behaviour of their dogs to
achieve a peaceful community.

     Regarding the delivery of the mail, the neighbours are informed that
the service will initiate very soon.

2.-   APPROVAL OF THE BALANCE OF THE ACCOUNTS FOR THE EXERCISE JUN 06/DEC
06.
      The following balance of the accounts for the exercise from 16/06/06
to 31/12/06 is read to those present (See Annex A)

      Those present are explained that the balance corresponds to 7 months,
from the constitution of the community to the closing of the exercise.

      The Chairman and the Committee had discussed these accounts at length
at the last Committee meeting. The cost of maintaining the Swimming Pool
and its Garden seemed excessive along with the total electricity bill. It
was also noted that there was no expense for the water during these 7
months because - the water supply seems to have been paid by Torrevisa.

The Community Insurance Policy was from 1 Jul 06 to 30 Jun 07.         The
ChairmaN will ask for this to be re-aligned to the Community year of 1 Jan
to 31 Dec

      After explaining each item, the Balance of the Accounts for the
Exercise 2006 was approved unanimously by those present.

      Some quotes will be studied with other insurance companies and
swimming pool and garden maintenance companies.      The President and the
Committee will decide about the best option for the community.

3.-   APPROVAL OF THE LIST OF THE OWNERS’BALANCES TO ISSUE FINAL DEMAND.

       The owners’balances on December 31st 2006 are the following:


             Property      Owner                           Debts
             APT.67        PATEL, NARENDRA DINUBHAI       153,00
             APT.78        ROBERTS, GRAHAM MARK           153,00
             APT.84        MUDIGONDA, NAREN               153,00
             APT.618       EDMUNDS, PAULINE                68,00
             APT.629       MURDOCH, JOHN HARROWER         153,00
             APT.634       CORNEY, JAMES ALFRED           153,00
                            TOTAL                         833,00
                                                                          5
      It is explained that some of the owners paid their community fees
after the closing of the exercise.

      The list of the owners’ balances is approved by unanimity of those
present.

      The Chairman stated that it was not his intention, nor that of the
Committee, to pursue the collection of the outstanding Community Charges
through legal action at this time.      There was currently an acceptable
explanation for each debtor. He stressed however that it WAS his intention
to progress the collection of these debts through legal action if there was
any further and unacceptable delay. This received strong support from the
meeting

4.-   APPROVAL OF THE STANDING ORDERS OF THE URBANISATION.

     The Community Standing Orders or 'Guidelines to Residents and
Visitors' as it has they have been renamed was discussed; a draft
was sent to all the owners with the invitation for this meeting.
After making a few amendments, the Guidelines for Residents and
Visitors of the community are approved unanimously (See Annex B)

5.-    ELECTION OF THE OFFICERS. PROPOSAL FOR THE PRESIDENT TO BE EXEMPT
FROM PAYING THE COMMUNITY FEES.

      The Chairman advised that at the last Committee meeting the formation
and formulation of the forthcoming years Board of Management was discussed.

The following members were nominated, proposed and unanimously approved by
the meeting.

      PRESIDENT.-             Michael Elliott         (APT. 639)
      VICE PRESIDENT.-        Chris Young             (APT. 638)
      COMMITTEE MEMBER.-      Sharon Cottrell         (APT. 75)
      COMMITTEE MEMBER.-      Harry Sharma            (APT. 90)
      COMMITTEE MEMBER.-      Reg Campbell            (APT. 98)
      COMMITTEE MEMBER.-      Shelagh Lyons           (APT. 624)
      ADMINISTRATION.-        SERVIGEST TORREVIEJA INT, S.L.
                              Represt. by Javier I. García

Additionally the Chairman advised that Graham Bater will continue to be co-
opted (non-voting) onto the Committee as our Crime Watch in Spain
representative. Other community members can be coopted as necessary

The Chairman advised the meeting that the Committee members were THEIR
representatives to which any and all their concerns should be addressed in
the first instance.

      Some of the owners have made the proposal to the Administrator that
the owner who carries out the post of President could receive an allowance
to cover the trouble and expenses that he had in the course of performing
his duties. The Chairman stress that he was a member of the Community and
the exemption was only and solely based on 'out-of-pocket' expenses for
such as petrol, car parking fees, stationery (inc computer ink cartridges)
and telephone calls whilst he was on Community business

      The proposal is put to the vote and it is approved by majority to
exempt the President from paying the community fees.

      The result of the voting is the following:

      * FOR the President to be exempt from paying the community fees:
                        21 votes
                                                                             6
      * AGAINST the President to be exempt from paying the community fees:
                        7 votes

      * Abstention:     1 vote (Mr.Michael Elliott –639)

The Chairman thanked them for their support.  He will keep more detailed
records in the future for presentation at the routine Committee meetings
and the final accounts for 2007.

6.- APPROVAL OF THE BUDGET FOR THE EXERCISE JAN 07/DEC 07. APPROVAL TO PAY
THE COMMUNITY FEES EVERY 6 MONTHS.

      The yearly community fees which amount to 230 € for this exercise are
approved unanimously.

      The community fees will be paid in two half-yearly payments and will
be paid as follows:

      First payment – Before January 31st 2007 – 115,00 €
      Second payment – Before July 31th 2007  – 115,00 €

      If the costs for the swimming pool and garden maintenance are
negotiated again, the amount for community fees would reduce. Sharon also
offered to seek an alternative Community Insurance Policy quotation

      All the owners are reminded that the payment of the community fees
shall be made during the first month of the exercise. It is very important
to make the said payments promptly.

It is reiterated that the punctuality of the payments is fundamental to
cover the expenses and all the owners are advised to make the payment for
community fees by bank direct debit. For this reason, those owners who do
not pay their community fees by bank direct debit, will receive a form to
fill in with their bank details, to sign and will be asked to send this
form back to us by fax or by return of post.

7.-   ANY OTHER BUSINESS.

      In addition, the following agreements are approved unanimously:

   To create a group formed by Presidents and Vice Presidents for the whole
    urbanisation La Herrada. This had been proposed a short while ago and
    was informally agreed by the other Presidents.     The first meeting is
    planned in March later this year

   To repair the stones of the swimming pool gate to prevent the formation
    of puddles. . It was observed that this water collected not only from
    rain water but the 'water-wash' from residents houses and contractor

   As a Post-Meeting-Note - it is suggested to hold the next Ordinary
    General Meeting will be January 18th 2008. Same time - same (similar)
    place

The Chairman thanked all present for their attendance with special thanks
to both Javier and Lola from Servigest for their support and advice over
the previous 7 months, and Graham for his continued Crime Watch in Spain
representation.. The Hotel Torré staff were also thanked for setting up the
meeting room


There being no further business, the meeting is closed at 12.40 a.m. of the
same day and place above-mentioned.


            Vº Bº
                                7
THE PRESIDENT   THE SECRETARY
                                                                                                      8
ANNEX A
                    STATEMENT OF ACCOUNT FROM 16/06/06 TO 31/12/06

      INCOMES

      - RESERVE FUND                                                    ....      490,38
      - FINAL BALANCE LAST EXERCISE                                     ....        0,00
                              INITIAL BALANCE                           ....      490,38
      - COMMUNITY FEES                                                  ....    9.607,62
                                                                            ============
                                                                  TOTAL....    10.098,00
   EXPENSES

      -   OFFICE STATIONERY                                             ....      231,05
      -   ADMINISTRATION FEES                                           ....    2.145,00
      -   INSURANCE POLICY                                              ....    1.314,13
      -   ELECTRICITY EXPENSES                                          ....    1.517,27
      -   VARIOUS & UNFORESEEN EXPENSES                                 ....    1.537,26
      -   GARDEN MAINTENANCE                                            ....      678,60
      -   SWIMMING POOL MAINTENANCE                                     ....    1.531,20
      -   BANK COMMISSIONS                                              ....       69,64
                                                                            ============
                                                                  TOTAL....     9.024,15

                                                            SURPLUS....        1.073,85

  °°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°
                                 Final Balance of Accounting year
                                 ********************************

          -   Bank Balance...................................                    474,89
          -   Owners' debts..................................                    833,00
          -   Outstanding Payment (ADMIN. DEC-06)............                   -321,46
          -   Outstanding Income:Torrevisa...................                     87,42
                                                     TOTAL...                  1.073,85

  °°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°
   623007- OFFICE STATIONERY -
   16/06/06 TO SEND INVITATION FOR EGM 160606                       42,18                    42,18
   29/06/06 TO SEND THE MINUTES FOR EGM 160606                      73,40                   115,58
   12/07/06 LETTER COD.100 (Minutes)                                 1,60                   117,18
   27/07/06 DEBTOR LETTER.COD.636                                    0,74                   117,92
   23/08/06 LETTER COD.627 (Information + Bk direct debit form)      1,59                   119,51
   28/08/06 DEBTOR LETTER COD.636                                    0,74                   120,25
   29/08/06 LETTER COD.627 (Ref: Community account)                  1,26                   121,51
   12/09/06 LETTER COD.67 (New owner + Bk direct debit form)         1,59                   123,10
   13/09/06 LETTERS COD.86+622(Information to new owners)            3,36                   126,46
   18/10/06 DEBTORS’LETTERS                                          9,33                   135,79
   31/10/06 LETTER COD.102 (Receipt for cheque)                      0,74                   136,53
   29/11/06 TO SEND INVITATION FOR AGM 190107                       94,52                   231,05
                                                                   231,05                   231,05

   623008- ADMINISTRATION FEES -
   30/06/06 ADMIN. JUN-06 (15 DAYS)                                 165,00                   165,00
   31/07/06 ADMIN. JUL-06                                           330,00                   495,00
   30/08/06 ADMIN. AUG-06                                           330,00                   825,00
   30/09/06 ADMIN. SEP-06                                           330,00                 1.155,00
   30/10/06 ADMIN. OCT-06                                           330,00                 1.485,00
   30/11/06 ADMIN. NOV-06                                           330,00                 1.815,00
   30/12/06 ADMIN. DEC-06                                           330,00                 2.145,00
                                                                  2.145,00                 2.145,00
   625009- INSURANCE POLITY -
   16/06/06 INSURANCE POLICY 010706-010707                        1.314,13                 1.314,13
                                                                  1.314,13                 1.314,13
   629005- ELECTRICITY EXPENSES -
   16/06/06 CONTRACT FOR ELECTRICITY (METER)                        103,48                   103,48
   16/06/06 CONTRACT FOR ELECTRICITY (METER)                        103,48                   206,96
   19/06/06 LIGHT 240506-160606                                      82,52                   289,48
   19/06/06 LIGHT 300506-160606                                      27,93                   317,41
   10/08/06 LIGHT 160606-100806                                      14,24                   331,65
   10/08/06 LIGHT 160606-100806                                      14,24                   345,89
   17/10/06 LIGHT 160606-131006                                     268,25                   614,14
   17/10/06 LIGHT 160606-131006                                     432,66                 1.046,80
   18/12/06 LIGHT 131006-131206                                     301,66                 1.348,46
   18/12/06 LIGHT 131006-131206                                     168,81                 1.517,27
                                                                  1.517,27                 1.517,27
                                                                             9
629011- VARIOUS & UNFORESEEN EXPENSES-
21/06/06 COMMUNITY PHOTOELECTRIC CELL (63-106)           149,81     149,81
28/06/06 MINUTES TRANSLATION EGM 160606 IN ENG.           70,00     219,81
04/07/06 BARRELS+70 KEYS (Pool gates)+LIFEBELT INST.     200,00     419,81
18/07/06 SIGN WITH SW.POOL RULES                         111,00     530,81
19/07/06 KEYS (Copies) :TELECOMMUNICATIONS ROOM            2,00     532,81
19/07/06 NOTICE BOARD & INSTALLATION                     200,00     732,81
26/07/06 1 DUSTBIN (SW. POOL AREA)                       107,54     840,35
03/08/06 MINUTES BOOK & LEGALIZATION                      44,91     885,26
08/08/06 DUSTBIN INSTALLATION                             55,00     940,26
04/09/06 2 SMALL SIGNS WITH SW.POOL RULES                 93,00   1.033,26
19/09/06 TO INSTALL SIGNS WITH SW.POOL RULES              45,00   1.078,26
03/10/06 2ND NOTICE BOARD & INSTALLATION                 205,00   1.283,26
17/10/06 14 SIGNS: “NO DOGS”                             148,40   1.431,66
24/10/06 TO INSTALL 14 SIGNS: “NO DOGS”                   60,00   1.491,66
24/11/06 NUMBERS FOR LETTER BOXES                         45,60   1.537,26
                                                       1.537,26   1.537,26

629015- GARDEN MAINTENANCE -
30/06/06 GARDEN JUN-06 (15 DAYS)                         52,20      52,20
31/07/06 GARDEN JUL-06                                  104,40     156,60
30/08/06 GARDEN AUG-06                                  104,40     261,00
30/09/06 GARDEN SEP-06                                  104,40     365,40
31/10/06 GARDEN OCT-06                                  104,40     469,80
30/11/06 GARDEN NOV-06                                  104,40     574,20
30/12/06 GARDEN DEC-06                                  104,40     678,60
                                                        678,60     678,60

629016- SWIMMING POOL MAINTENANCE -
31/07/06 SW. POOL JUL-06 (15 DIAS)                       139,20     139,20
30/08/06 SW. POOL AUG-06                                 278,40     417,60
30/09/06 SW. POOL SEP-06                                 278,40     696,00
31/10/06 SW. POOL OCT-06                                 278,40     974,40
30/11/06 SW. POOL NOV-06                                 278,40   1.252,80
30/12/06 SW. POOL DEC-06                                 278,40   1.531,20
                                                       1.531,20   1.531,20
669001- BANK COMMISSIONS -
11/07/06 REMITTANCE SETTLEMENT CHARGE                    25,52      25,52
17/07/06 REMITTANCE SETTLEMENT CHARGE                     6,96      32,48
25/07/06 REMITTANCE SETTLEMENT CHARGE                     1,16      33,64
02/08/06 REMITTANCE SETTLEMENT CHARGE                     2,32      35,96
22/08/06 REMITTANCE SETTLEMENT CHARGE                     5,80      41,76
04/09/06 REMITTANCE SETTLEMENT CHARGE                     1,16      42,92
18/09/06 ACCOUNT SETTLEMENT                               2,97      45,89
19/09/06 REMITTANCE SETTLEMENT CHARGE                     1,16      47,05
26/09/06 REMITTANCE SETTLEMENT CHARGE                     3,48      50,53
02/10/06 ACCOUNT SETTLEMENT                               1,06      51,59
06/10/06 REMITTANCE SETTLEMENT CHARGE                     1,16      52,75
28/10/06 REMITTANCE SETTLEMENT CHARGE                     2,32      55,07
06/11/06 REMITTANCE SETTLEMENT CHARGE                     3,48      58,55
13/11/06 REMITTANCE SETTLEMENT CHARGE                     2,32      60,87
27/11/06 REMITTANCE SETTLEMENT CHARGE                     3,48      64,35
04/12/06 REMITTANCE SETTLEMENT CHARGE                     2,32      66,67
16/12/06 ACCOUNT SETTLEMENT                               2,97      69,64
                                                         69,64      69,64
                                                                                  10
ANNEX B



                             LA HERRADA 63-106/618-639
                                     COMMUNITY


                      GUIDELINES FOR RESIDENTS
                            AND VISITORS

                             PART OF THE URBANIZATION
                                    LA HERRADA
                                  LOS MONTESINOS




 FORMULATED ACCORDING TO ARTICLE 396 CIVIL LAW AND NUM. 49/1960 OF THE REAL ESTATE
                     LAWS FROM THE 21st JULY (B.O.E. 23/7/1960)



ISSUE: ORIGINAL
DATE: JANUARY 2007                                        HOUSE COPY:   _______
                                                                                11
ARTICLE 1º.- The present Guidelines for the Residents and Visitors of the Community
of Owners of the Urbanisation LA HERRADA 63-106/618-639, as part of the
urbanization La Herrada, were established according to the regulations recognised
in the Community’s Statutes and approved on January 19th 2007 being in conformity
with the agreements of the Proprietors General Meeting held on the same day.
They were also established in order to regulate the relationship between neighbours
and establish the details for an honourable, tranquil, harmonious and solidly
united communal life.

To assist in the smooth running of the Community and to communicate formally with
the Administrator a Residents Committee is to be formed from representative members
of the Community. The Committee is to be formed, where possible, as:
                Chairman and President
                Vice Chairman
                Representative of Households 63 to 78
                Representative of Households 79 to 96
                Representative of Households 97 to 106
                Representative of Households 618 to 630
                Representative of Households 631 to 639
Note:   The Vice Chairman will normally be a Household Representative

Additionally, the Community's Crimewatch in Spain (Neighbourhood Watch) Committee
member will attend the Committee Meetings as a non-voting member.
It really goes without saying that Communities such as ours will prosper and be
sustainable when such sensible codes-of-practice are in place. We all have rights
and freedoms but hand-in-hand with these rights and freedoms comes responsibility
and obligations.   Compliance with the 'Ten Cs' by-words is a well establish code
which we all would do well to observe:
                Commitment
                Cooperation
                Communication
                Common Courtesy
                Common Good
                Commonsense
                Care in the Community
                Consideration
To assist us in putting all of these into action the above and following guidelines
should be observed by ALL the owners, guests and any person living in the
community, temporarily or otherwise.     The observance of these by-words will go
along way in assisting us in avoiding: CONFRONTATION!

ARTICLE 2º.- Modifications of these standing orders can only be made, first or in
second convocation, by the Proprietors’ General Meeting, in conformity with the
participation of Proprietors who represent at least 75% of the Community’s total
assets.

ARTICLE 3º.- Any Proprietor not being in date with all the Community payments will
not have any say in any matter in the meetings.       Their attendance however is
encouraged.

ARTICLE 4º.- Every Proprietor must use the communal facilities prudently and
discreetly in order to avoid encroachments and confrontation within the Community.
It is also the responsibility of the Proprietors to ensure their guests uphold the
rules and regulations of the Community. Therefore, it is obligatory that a copy of
these Guidelines be both available and brought to the attention of all guests. A
copy of these Guidelines will be available for each household.


ARTICLE 5º.- The pathways and interior access roads, the gateways and communal
entrances must not be used as either a formal meeting place, festival ground or an
amusement area.
It is vital that these pathways and access roads be kept free of obstruction at all
times, not least for access by emergency vehicles.         Residents' and visitors
vehicles should be parked on house driveways or garden tiled areas. Where this is
not possible the Urbanizations public road parking should and MUST be used.
                                                                                 12
ARTICLE 6º.- No games especially and particularly ball games are to be played in
the community streets.    This is to ensure that every Proprietor, or guest, may
enter or leave freely through and within the Communal entrances, path and roadways
and to protect the resident's property from accidental damage.

ARTICLE 7º.- All Proprietors, as well as their guests, have the right to use ALL of
the Community facilities, but in a responsible manner.
Excessive noise, including car horns (except to avoid collision), revving of
vehicle engines, and such as loud voices and laughter that may disturb or distress
the neighbours should be avoided between the hours of Midnight to 0800 am.

ARTICLE 8º.- All Proprietors, and their guests, must avoid littering the Community.
Any discarded rubbish must be placed daily in the refuse bins provided.       Where
possible and convenient the local 'recycling' waste disposal facilities should be
used.

ARTICLE 9º.-      TIMETABLE AND RULES OF THE POOL AREA

These rules are for the safety and mutual enjoyment of the users of the swimming
pool and those residing in surrounding the area.

         The opening hours of the pool will be from 0900 am to 0900 pm.
         The use of the pool outside of these hours is strictly forbidden and any
          infringement by any person should be brought to the attention of the
          Residents' Committee.
         The pool is not to be used whilst cleaning and quality control are taking
          place, which where possible, will be done outside the pool opening hours.
         The pool is for the exclusive use of the community Proprietors, and their
          guests. Admission will be by key only. Owners are reminded that keys are
          not transferable and may be confiscated in the event of misuse or for
          non-payment of Community Charges.
         It is obligatory to use the shower prior to entering the pool; no soap,
          shampoo or other such products are to be used. No clothing, other than
          swimwear to be worn in the pool – exemptions are infants who are
          permitted to wear clean T-shirts in the children's pool only.
         No inflatables, floats, balls, boats or other such items in the pool -
          exemptions are children's’ armbands in the children's pool only and
          swimming aids in the main pool.
         Children (under 10) and non-swimmers must be accompanied by an adult
          swimmer (over 18 years of age) and should not be allowed in the main pool
          unsupervised.     Children   are  the   total  responsibility   of   their
          Parents/Guardians and the civil responsibility of the Community Insurance
          will be excluded in the event of inadequate supervision.
         Children who are not fully toilet trained are allowed to enter any pool
          as long as they are wearing recognised and properly fitting “swimmer
          nappies”.
         It is forbidden to practice any activity that may disturb the other users
          of the pool including diving and jumping into the pool.
         Running in the pool area is a dangerous activity to both runner and
          others and is strictly forbidden.


ALL those using the pool must obey the rules as displayed on the notice board in
and around the pool area.

ARTICLE 10º.- The Proprietors and all guests and tenants must ensure that the
tranquillity, peace and harmony of the Community is not affected by excessive noise
from such as machinery, motorcycles, and audio players.

ARTICLE 11º. - Owners of dogs are responsible for their actions and the cleaning up
after them in all areas of the Community and the Urbanisations 'public' access.
Barking or whining is to be kept to a minimum. Dogs are to be kept on leads in the
Community and the Urbanizations communal areas.

ARTICLE 12º.- Proprietors are reminded that it is not permissible to wash or sweep
such as garden rubbish or animal excrement onto the Community or Urbanisation
pathways or roads. These are communal areas and should be treated as such.
Excrements from all pets in communal areas must be collected, bagged and disposed
of in rubbish bins by all owners at all times and without delay.
                                                                                13
ARTICLE 13º.- Proprietors are discouraged from hanging out any items of clothing,
bed linen or carpets from windows, over terrace rails, balcony rails or boundary
fencing (including towels and swimwear), especially at the outer front of the
property. It is recommended that folding clotheslines be used for these purposes.

ARTICLE 14º.- Proprietors are reminded that they are responsible for ensuring their
plants; trees and foliage do not encroach onto the Communal interior pathways. In
the event of non-compliance with this rule pruning may be carried out by one of the
Community 'Officers' with a charge levied on the Proprietor.

ARTICLE 15º.- It is not permitted to irrigate the garden outside the hours
determined by the regional or local Authorities (when water restrictions are in
force).

ARTICLE 16º.- For security reasons all residents are responsible for securing both
their own and communal property on the Community. The last person leaving the
swimming pool should ensure that both pool gates are secured.

ARTICLE 17º.- Lighting, telephone, TV cabling should where possible and practical
be laid through conduits, according to the Community’s regulations and other laws
concerning this matter. TV, satellite aerials or dishes and air conditioning units
can be erected on the solarium or terraces as appropriate. They must not be erected
on the building front elevation.

ARTICLE 18.- Proprietors must ensure that the exterior façade of their dwelling is
compliant with that compliance as laid down in their Registered Title Deeds. The
agreement for ALL proposals to amend the original house scheme should be sought, in
the first instant, through the appropriate Residents Committee member for
discussion as necessary at the Residents Committee.

ARTICLE 19.- The construction of any extension or building must not take place
without seeking the relevant permissions

ARTICLE 20º.- In the case of any infraction of the rules, the Administrator (in
accordance with Article 18 of the Horizontal Property Law) will invite the
Infractor, by certified document, to respect the current rules.

ARTICLE 21º.- Owners will be asked to act with education, common sense without
adopting aggressive behaviours.


The Government Committee, or any Proprietor, is authorised to call to the attention
of the Infractor any breach of the rules.    In the case of the continuing of the
infractory behaviour, the Administrator and the Government Committee will agree the
conformable legal actions (in accordance with Article 7.2 of the new law of
Modification on Horizontal Property of 18th March 1999, which allows Judges to
return a verdict of actual eviction for a maximum term of three years depending on
the infraction).




     In addition, the following clarifications of the rules to regulate the
use of the swimming pool are approved by unanimity:
                                                                              14
                                                                   ANNEX A TO
                                                                  COMMUNITY
                                                                  GUIDELINES

                       RESIDENTS COMMUNITY - 63-106/618-639

                            URBANISATION OF LA HERRADA

COMMUNITY SWIMMING POOL ‘REGULATIONS’ AND ‘USER GUIDELINES’
ALL THESE GUIDELINES AND REGULATIONS ARE SUBJECT TO CONTINUAL REVIEW AND WILL
BE CHANGED BY THE COMMITTEE AS NECESSARY


                                  OPENING TIMES

       0900 TO 2100 THROUGHOUT THE YEAR

KEY ROUTINE
     LAST PERSON REMAINING ON LEAVING TO ENSURE BOTH GATES ARE LOCKED

RESTRICTIONS
 NO BALL GAMES
 NO TANNING OIL
 NO GLASS
 NO ANIMALS
 NO RUBBISH
 CHILDREN UNDER 10 YOA TO BE ACCOMPANIED
 FASTEN (LONG) HAIR
 SHOWER BEFORE (AND AFTER) BATHING
 NO DIVING
 NO RUNNING
 NO BOMBING
 NO ALCOHOLIC DRINKS

THESE REGULATIONS WILL BE DISPLAYED WITHIN THE POOL AREA

THE FOLLOWING ARE FURTHER GUIDELINES FOR POOL USERS:

SUN LOUNGES
      ARE ALLOWED - BUT

             THEY SHOULD BE TAKEN AWAY WHEN DEPARTING
             NOT TO BE ON POOL BROW (ON GRASS ONLY)

SMOKING
     IS ALLOWED – BUT:
            SMOKERS TO BRING SUITABLE CONTAINER FOR ASH & STUBS TO BE TAKEN
            AWAY OR DISPOSED OF IN GASH BINS

RADIO/PORTABLE CD & AUDIO TAPE

       ARE ALLOWED – BUT:

             WITH PERSONAL EAR PHONES ONLY

FOOD

       IS ALLOWED – BUT:

             SHOULD BE RESTRICTED TO SMALL SNACKS, SWEETS AND DRINKS ONLY

				
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