Friday, May 29, 2015

ok...we are financially ready....

yes, generally speaking, we are financially ready now for the water tank project :)

just to recap a bit, we need to deposit 20%, or RM81000 into state gov't account to secure the work order for the vendor to start the project, as he willing to pay 45K for existing water tank trade in, and provide 15K loan for the project, then our side just need to get ready 21K to make up 81K, and we just check our bank balance plus this 2 days' collection, it seems we are in the good position for the project.

what next? well, barring any real real real urgent maintenance matter which big money is needed, then we should as soon as possible sign some agreement with the vendor for the trade in, loan arrangement as mentioned above, and he will get the documents duty stamped & release the money for us to issue banker's cheq for the 20%.

we are looking at the time line of next week for agreement to be completed & money to be released toward end of week or early of following week, and prayerfully no other hindrances on the way.

.....5 minutes ago just gave a few calls to some MC members (also office bearers) to update them on the financial status, they too felt that we should go ahead now with the project, so now we must waste no time but to call the vendor to get all the documents ready tomorrow or day after.

will update our residents on this, from time to time. Thanks.



1 comment:

Unknown said...

the water leak is getting worsen. my unit at k block 20th floor is badly affected. please update the estimate time of new water tank installation.