Interesting Minutes

Here are the minutes of the meeting held by Paco and his supporters on the Bar terrace at the same time as the the Official AGM on the 29th September 2007.
Some interesting points arise.
On their list of those "attending", several people seem to have attended their meeting more than once, two of those down as attending had previously given me their proxy votes, I still have the voting cards.

Under the heading "Represented" Paco is listed as having 18 proxy votes. At the time of printing, July 2007, it would seem from their own accounts, 15 of the 18 are ineligible to have a vote under the Law of Horizontal Dwellings, not having paid their Comunidad charges for 2007.
It is entirely possible of course that these Owners paid their fees before the meeting, in which case the total paid would have been Euro 12121 . 10, add this to the Euro 3804 . 20 in cash and Euro 4735 . 61 in the Cambank account as shown, they should have had Euro 20660 . 91. Yet only one week after the General meeting there was only Euro 9000 in their Bank account.

Looking at their statement of accounts it would appear that during the year August 2006 to July 2007 they received 13 payments from 12 Owners amounting to a total of Euro 9472 . 50 and spent Euro 12453 . 57. There seems to be no mention of plots 93-94-95-96 Owned by their Vice President, who has made some of his payments this year into Mi Sol Banco Popular account. It would also seem plot 444 does not exist according to them, I am sure the Owners will be delighted they are not in debt !!

It also seems that they owe their Administrator Euro 36616 . 00, many Owners will recall this is the same Administrator who at their very first meeting when Antonio Escudero was elected their President, said he would work for free.

It is interesting to note that according to the last paragraph, the first step in negotiations to resolve the dispute between the two sides would be the suspension of legal action. At this moment in time, as far as I am aware, they are still pressing ahead with the Court hearing due in February next year in Elche.