Hi nigel. In 2016 a vote was taken at our agm to start a fund for the painting of our complex however due to spiral costs the comittee had decided to employ a company to undertake the work even though we are 8,000euros short. They said the company doing the work will get the money from us after the work is completed. What i want to know is even though we voted for the contingency painting fund is it not iresponsible of the comittee to basically put us in debt to the tune of 8,000 euro. Several owners are unhappy as we dont know the terms of extra payments plus some are saying wait untill we can afford it. The committee are going to sign a contract with the company this week is this legal or can we stop it
Let me put it like this - if the Management Committee goes ahead with the paining and is unable to pay the company pursues them for payment, it is the Management Committee who will face the consequences.
I can't believe the MC will be stupid enough to order the painting work until they have the money to pay for it.
You need to call a general meeting of owners.
To call a general meeting of owner, please refer to the
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- bottom of page 17.
(BTW, it's good that the MC are building up a sinking fund to pay for external redecoration, etc.)
Location: Having escaped the near-death experience of Sofia Bulgaria, happily living in Frenaros
I'd be very surprised if any business would accept a job of this size without some up front payment. I certainly wouldn't. So the management committee is probably going to have to come up with 2000-3000 just for the company to start work.
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