Board Resolution 07 - Construction Fees
Board Resolution 07 - Construction Fees
Board Resolution 07 - Construction Fees
The Board of Officers, in accordance with the mandate given by the members of the association, hereby
adopts and promulgates this Resolution to be effective after seven (7) days of general circulation to the
members thereof.
I. In accordance with Article II Section 1 of the By Laws of the Lucky Homes Homeowners
Association, a new homeowner undertaking the construction of a new house inside the
subdivision area shall be required to make a payment of a construction fee, the amount of
which is specified in Paragraph III.
II. Likewise, In accordance with Article II Section 1 of the By Laws of the Lucky Homes
Homeowners Association, a current homeowner undertaking the renovation of an existing
house inside the subdivision area shall be required to make a payment of a renovation fee,
the amount of which is specified in Paragraph III.
III. The following amounts shall be applied for any new construction and/or renovation of a
new and/or existing house inside the Lucky Homes Subdivision area:
IV. The payment of the construction/renovation fee shall be valid for the corresponding period
needed to finish and complete the construction/renovation thereof.
V. The payment of said fees shall be made to the Treasurer of the Lucky Homes Homewoners
Association who shall issue the necessary and corresponding receipt thereof.
Duly signed and circulated this ___ of May, 2019, in Deparo, Caloocan City, Metro Manila, Philippines.
Signed: