Dear Fellow Owners
Attached is a very important affidavit from the President of the Board Of Directors for Valle Escondido, Javier Espinosa; As many of you know, we have a crisis going on in Valle Escondido and until we can resolve all of our elected official issues in accordance to Panamanian law, we thought it best to lean on toward caution to protect our HOA funds from possibly being committed and or taken without the HOA's approval. We are abundantly careful and looking to protect what little cash flow we have remaining to get us through to pay our remaining obligations and we do not want any acting SC member or one of its advisers to get us committed to any other legal contract or obligation without our majority consent.
We hope each owner respects that we must protect the HOA body and our assets over any self interest. The continued disintegration and vile relationships of factions within the previous SC and its advisers has forced us to take this action for the protection of all VE owners within the scope of the law to insure we are all protected. We hope for resolution prior to the Nov. 30th General Assembly meeting and encourage any constructive input from all owners.
The Veneighbors
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"As still acting President of the BOD for Valle Escondido I am on record stating that their is still a illegal and unauthorized Steering Committee who refuse to relinquish control and until this gets remedied by the Emergency General Assembly meeting called on Nov. 30th, this self appointed SC is prohibited from any spending, hiring, authorization of any contracts, etc., without the consent and vote of the entire HOA of VE.
This excludes current approved expenditures for security, landscaping, trash, etc.
Any Steering Committee member or other owner or representative who attempts to undermine this will be dealt with swiftly and in accordance to the laws of Panama."
Sincerely,
Javier Rivera Espinosa
Chairman of VEHOA
3 comments:
Whoever took this initiative, thank you! it is the right thing to do for our HOA; Has this been sent to all the owners emails or at least those who pay the bills /make the contracts IE S.C.?
They should be put on formal notice so they do not violate this order! Just my opinion!
I am re-posting these two comments as they are relevant to this topic but were in the "about" section and not here.
Anonymous said...
Are we sure that Javier is, in fact, still the BOD President, considering that he had submitted his resignation, which was accepted. Best we proceed with caution on this least we find ourselves stuck in the mire. Best that his present status with the BOD is verified.
October 30, 2014 at 5:20 PM
Anonymous said...
Under Panamanian law the resignation of the President of the VEHOA is only valid after it is accepted by the VE membership at a special meeting. At this meeting a new President needs to be elected and only after that, and with the proper recording of this change in the Public Registry, is Javier's resignation valid. Up to that point Javier is still the President of the Board of Directors of the VEHOA whether he wants to be or not.
October 31, 2014 at 6:26 AM
Has anyone had problem with trash collection? My garbage hasn't been picked up last week, and today, the garbage people opted to bypass me. Last week I reported this to the Steering Committee but nothing has been done about it; not even a response. I am a bonafide member of the VEHOA and have never been late nor delinquent with my dues. So what's with OUR so-called Steering Committee -- are they too busy with their personal agenda to look to the homeowners' needs? If they can't perform their duties, they should all step down. As the saying goes, when the going gets hot, get out of the kitchen.
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