MEETING OF THE BOARD DIRECTIVE OF OWNERS FROM EL PINET 10/01/09

1. Status of Construction: San Jose reports that the surveyors have been working this week and work will start Monday or Tuesday,. This version was confirmed by the presence of employees JOST that we had called. Anyway we think it appropriate to ask the company JOST the exact location of works and approximate time to implement them.

2. Meting: It was agreed to notify all owners of the agreements of the General Meeting last day 20/12/08 sending the record. In addition, a note in which, among other issues, we will insist on the need to pay 60 € from September to December those who have not done as well as the fee of € 20 that were agreed in the Assembly. All this payments will go directly into the community account.

3. Tesseral: Pending charges and expenses. There are currently € 3,000 balance in the account, although people are sending money to other San Jose account, so we do not know how much money has been paid to the two account together. We estimate that a number of owners have not paid yet the 60 €from September-December, it was agreed to take Item 2 of the communication to inform, so cautious about the of taking measures to cut water services and electricity. It seems that some owners were reluctant to take any credits to the accounts of San Jose and it is possible to put in our account, not yet operational, which will opened on behalf of the Community of Owners shortly. The lack of cash to meet those payments required a meeting with the directors will take place. The commitment of the owners was to help cover those expenses but not to assume in full. It was agreed to request a meeting with the directors to discuss this and make them to see the need, once initiated the works; San Jose has to take charge of part of its consumption. Following this meeting the Board will assess the appropriateness of asking the owners continuity of current contribution in the amount to be agreed or not.

4. Consumption of water, electricity and septic tank it appreciates the possibility of installing meters to measure consumption but presents drawbacks to postpone the decision was agreed. Is still desirable to seek a reunion of water and electricity companies to discuss with them the possibility of the provision of an interim home until obtaining the ballots for habitation.


5. Administrator: It was agreed that Felix Dominguez, Secretary-Treasurer of the Board, to take charge of a provisional administration of the Community. Their work will be remunerated at a rate of 2.50 Euros a month per household per month. Will try to cope with this expenditure from the account of the Community whose revenues could be € 20 x298 = 5960 €.