MEETING 24th SEPTEMBER

Dear neighbour:

In our meeting of 18th September in the urbanisation El Pinet we decided to have a meeting with San Jose’s Court Administrators (the ones named by the judge) who are in charge of the supervision of San Jose´s activity at present. This meeting took place on the 24th and 7 people attended the meeting, both residents and non-residents, Spanish and English.

In this letter we want to inform you about what was dealt with at the meeting. This does not imply that we cannot have another meeting ourselves so that any neighbour can give his/her opinion.

Since it is San Jose who has all the details of all the owners we have asked them to send this letter to you.

Two issues were discussed:

1. Payment of 120 € per month since August

.-The Court Administrators confirmed that the builder do not have enough cash to pay for the water, the electricity and the drains. They do not have money to pay and, moreover, they could incur in a fault before the meeting of creditors. They have the duty of regulating the payments.

.- The suppliers have warned that they would cut the supplies.

.- The Court Administrators admit that the amount of 120 € per house could not be fair for some neighbours, and, consequently, they would accept any other possibilities we may think of.

.-We informed them that we would pay only 60 € per month from September onwards, establishing some differences depending on the type of house (rosita, azucena, apartment)

.-We also asked San Jose to provide the bills corresponding to September, October and November 2007 since we understand that the expenditure during those months is reduced in a considerable way and it is necessary for us to know it.

.- We are going to pay until December. Until then we will have to check the expenditure and, above all, what the situation of the "Habitation Certificates" is at that time.

2. Habitation Certificates (cédula de habitabilidad)

.- To know the Court Administration’s opinion about the situation of the applications for this certificate was as important for us as the matters above mentioned.

.-They are optimistic and they tell us that they will be able to tell us something about it in 15 days.

.-Once the Town Hall has authorised the project for the development, they now have to approve also the license for the works related to water, electricity, pavements, green areas…which, as you know, are at a very advanced stage. The question here is: Does San José have enough money to carry out these works? The Court Administration tell us that San Jose is going to be paid 3 million Euros next week, being the cost of the works only 400.000 €. The Court Administration think that, even if things were worse, there would be enough funds to do the works.

.-After that the Town Hall will be able to grant the Habitation Certificates.

.-Everybody thinks that this process can be finished before 2009.

CONCLUSION

We are going to deposit in the account San José provided in their previous letter 60 € every month until December. We do not have to pay for August. The Court Administration ensure that this money will only be used to pay for the water, electricity and drains.

We will try, when we have all details from San José, to establish some difference between the different types of houses. We know we should also distinguish between residents (50) and non-residents (243) but it is difficult to do it and the term until December is very short.


We are going to discuss with the suppliers about the possibility of installing counters to know the particular expenditure of each house.

We are going to try to have a meeting with both the provost of town development of the Town hall of Elche and the Court Administration, and we will follow all the necessary steps to get the Habitation Certificates (cédula).


We think it should be necessary to constitute a board of owners, if legally possible, in order to have a stronger representation and legal force in our claims. To do so we will try to find professional assessment.