Monday 29 September 2008

AGM notes - 27th September

The yearly meeting was held in the Bar in preference to the terrace mainly because of the heavy showers. Paco and his supporters were already insitu and had been since 9.00am. The meeting was well attended, extra seats had to be brought in from outside. Paco and his Spanish supporters left as the meeting got underway but not before distributing a notice in Spanish, which translated into a request from them to the Procuradora de los Tribunales in writing to put forward an appeal against the court judgement found in Pepe's favour earlier in the year. It is our understanding that this judgement was final and no appeals could be made.

The meeting opened with a few words from the President remembering those who have passed on and thoughts for anyone who is suffering from illness. The President also thanked his committee and others who have helped throughout a very difficult year not only financially.

The minutes of last year's AGM were signed as a true copy although I believe not many owners had received a copy. The balance sheet was distributed resulting in several queries, it was stated that owners can go to the office of APYME at any time for explanations. A separate sheet was circulated itemising expenditure.

During the year 30,000 Euros has been paid out in relation to inherited expenses from the previous year as reported in earlier posts this included Social Security, taxes, overdue fees to APYME and others.

The majority of owners wanted the swimming pool functional and this has been achieved albeit at great expense, there is still 12,000 Euros outstanding which is to paid off at 1,500 monthly and a further 500 Euros a month for maintenance. Considering Mi-Sol was paying out 1,000 Euros weekly as a result of water leakage, this fee should be justified.

As reported in an earlier post there has been an increase in the electric and water charges. Inflation stands at 4.9% and it was voted unanimously to increase the Community Fees by 5%. At the moment the bank balance stands at 9,000 Euros and so an appeal was made to all owners to pay their fees if they haven't done so.

Neill Stacey has agreed to stand as President for this year and there have been two changes to the committee; namely the Vice President is now Mr Peter Whitehead and Mrs Mo Taunton has taken over as Secretary, these positions were approved unanimously. The two vocal members, Jackie Braim and Tom Connolley have been made committee members.

President: Neill Stacey
Vice President: Peter Whitehead
Secretary: Mo Taunton
Treasurer: Jean Titterton

Committee members:

S. Shaw
P. Olive
C. McCarthy
L. Foley
L. Jiminez
J. Braim
T. Connolley

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