EGM Update

To date the notification of the forth coming EGM has still not been sent out by APYME. They have been asked the reason for the delay and have replied that the legal requirement for notification is 48 hours, not very helpful for the return of proxy votes!

Electricity and Water increase.

In July Iberdrola and Aguamed increased their charges by 8% and 100% respectively, APYME were instructed to put these charges onto the October bills which they failed to do, reason from Melanie...."I forgot"!!! The bad news is that both Iberdrola and Aguamed have Direct Debits and the increase has been debited from the Mi-Sol bank account. The consequence of this is that these increases will have to be paid retrospectively in January 2009.

It has been reported that when an owner tried to pay her bill into Banco Popular with a cheque from her own bank it was refused, she asked the young man behind the counter as to the reason and was told that the Administrator of Mi-Sol had instructed them not to receive payment by cheques from other banks. I made a telephone call to APYME who denied this vehemently. I suggested they make a call to Banco Popular to get an explanation.

Gates.
Mi-Sol have lost their appeal to have the gates re-instated, we are waiting for the relevent paperwork. The cost of a further appeal is 1500 euros with a result not expected for 5 years, needless to say it has been decided not to appeal at this time as the bank balance is at a precarious low. The gardeners are not working this month due to lack of funds, residents have been asked to keep the outside of their plots tidy if possible. It is apparent that the swimming pool contract is a major drain on our resources and it's not likely they will receive payment this month.

After the EGM some drastic actions will need to be taken. Thankyou to all those owners who have promptly paid their bills.

This post has been written by Mo Taunton - Secretary