Meeting in San Jose with the Administrators

Dear neighbours:

Again we want to inform you as our last writings about the negotiations from our development.

Last week we meet with the Administrators and San José to obtain more information about how to contract the services that permits restart buildings and of course the date. Both have confirmed the process to get the 500.000. - Euros are going on the right way as we told you on the last writing of the 21st October.
The Judge has communicate to all parts in this operation with the Financial Company (CAM) that there are big possibilities to grant that credit, and give permits to contract the services of building. They have a date that expires next week to give his decision. Everything makes us thinking that the Judge will authorize the operation and San José will have the money.
They are at the same time in negotiations the budget for the services building with some companies to make it quicker as soon as possible. We have good expectation to have a solution in a short term of our problems in the Urb, but please remember, that we always have o be careful respect of all this.

We have entrusted to a Fiscal office in La Marina to start with the legal papers to build a Proper Owner Community of this Urbanization; this means that we (all the owners) are legal represented to start with any management/negotiation in future we have to do. The expenses to create this are very low and are something that we have to do in benefit of everybody, with or without San Jose.
We will inform you to have a meeting with all the owners to take the right decisions: approve the statutes/articles of association, fix the fees…

We seem to be under to remain how important is to pay/transfer the 60 Euros agreed.

Next week we will try to meet with the Electric/Water companies to inform them about our situation and have a talk about the supplies in the future.



8 de Noviembre de 2008