Friday, October 31, 2014

defaulters issue :(

we have no choice but to put up the defaulters list at the notice board, we would not like to do it if our finance is always at the comfortable level.

there are few major expenses recently which is abt to dry up our building maintenance fund, namely blk j lift rope (14k), swimming pool pump & domestic water pump (total abt 8K), blk k rain gutter (7k), even though these items can be likely claim from insurance as the damage are due to weather & power surge, but it will take at least few months to see the money paid from insurance company, but right now we have to start paying the contractors in installment manner, easily 3k per month, besides the 7K we have already paid to lift contractor as the down payment to purchase the rope, so that blk j lift will be again be running, hopefully early next week.

normally we will keep abt 10K in the bank account as buffer, for real emergency use, but this time it has dropped to 5k due to blk j rope replacement, and we hope to build it up (to 10K) again as soon as possible, because we don't know when another urgent need will come, but it's very hard to archive that as we need to pay those installment as mentioned earlier, so right now we are facing a mini crisis :(

it's also quite shocking to learn that actually the outstanding by the defaulters is quite a big sum of money, total for blk j is abt RM54K, and for blk k is 87K, which means there's more than 140k owned by the defaulters, and we badly need them to pay now for the above mentioned repair cost, and for the upkeep (even to upgrade) our aging facilities, especially the water tanks.....

it's not fair if we just rely on the good pay masters to contribute for the maintenance & management of common facility of Vista Condo, we hope that the defaulters will come to their right senses to understand that it needs everyone's cooperation (especially in the finance area) to help to keep Vista Condo's facilities in good shape, for the defaulters too are using the lifts, corridors lights, rubbish room, etc.....

if you are reading this, and you have chance to talk some of the names in the defaulters list, perhaps you can help to encourage them to pay, we hope we don't have to send them legal notice of demand, and even drag them to court for the repayment.

thanks.





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