Board Resolution 07 - Construction Fees

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 2

LUCKY HOMES HOMEOWNERS ASSOCIATION

Cabatuhan Road, Deparo

Caloocan City, Metro Manila

BOARD RESOLUTION NO. 1 series of 2019

A RESOLUTION REQUIRING THE PAYMENT OF A CONSTRUCTION FEE FOR HOMEOWNERS


UNDERTAKING NEW CONSTRUCTION OR RENOVATION OF HOUSES INSIDE THE LUCKY HOMES
SUBDIVISION AREA

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:

New Construction of House – Ten Thousand Pesos (P10,000.00)

Renovation of Existing House – Five Thousand Pesos (P5,000.00)

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:

Claudio Cordel Pedro Vegim Patrick Castelo

President Vice-President Secretary

Grace Ann Cua Rosita Jacinto Teofilo Peralta

Treasurer Asst. Treasurer Auditor

Romulo Garduque Ben Añonuevo Rene Pallan

Business Manager Asst. Business Manager P.R.O.

You might also like