COMMUNITY OF OWNERS "COLON 1" HELD ON JANUARY 27, 2022 In Playa de Las Américas, on January 27th , 2022, at 3:30 p.m. on the second call, since there was not enough quorum on the first call, the Ordinary General Meeting of the Community of Owners "Colón 1" was held in the garden of house 105 and convened by the president. Owners present with voting rights: Total present: 9/ 21.36% Represented by the right to vote: Total represented: 16/30.62% Total quorum: 25/ 51.98% The President welcomes all the owners and thanks them for coming to the meeting. He informs that due to covid it has not been possible to have the meeting in two years and it is necessary to resume having them to be able to make decisions for the complex. 1 . President´s report The president informs that his report has been sent to all the owners along with the agenda. He gives a summary of it and thanks the committee for their help he has received because, without them, the work of the president would be too complicated. He comments that this position often involves making difficult decisions that do not please everyone because we have three types of owners with different objectives (resident, owners who come seasonally and those who rent), but the general good for the community is always sought. He informs the owners that this year it has been decided to hold the meeting in one of the gardens of the community to respect the current restrictions with covid-19. He also wants to report that this year is going to be his last year as president and asks the owners to get involved now to be elected next year as president. 1 . Reading and approval of the accounts for the financial year 2020-2021 . The administrator comments on the accounts of the two years and reports on the good economic situation of the community due to the low debtor situation. Information is provided on the extraordinary works carried out. After some comments, the 2020-2021 accounts are approved unanimously . 1 . Reading and approval of the budget 2022. Proposal to increase Community fees by 2%. It is reported that in two years there has been no increase in fees and that during this time the electricity price has risen and we also want to raise the salary of the community staff so the committee recommends a 2% increase as from March 2022. Some owners comment that being the community is such a good financial situation they do not see the need for an increase in fees, and it is commented that precisely to continue with the good economic situation it is necessary an increase in fees to face the rise in current expenses. After several comments, the 2022 budget with a 2% quota increase is voted on and is approved by majority. 1 . Proposal to continue with the current painting fund. Approval if it proceeds. It is reported that in the last meeting it was agreed to continue with the painting fund until 2025 to be able to continue saving and be able to paint blocks without the need for large levies. Now it is being thought of retouching the back block. Another owner suggests continuing with the painting fund indefinitely until the owner's meeting decides to stop. After several comments, it is voted on and approved by a majority to maintain the fund for painting indefinitely. 1 . Election of the President, Committee. Proposal to reappoint our current Administrators. The president opens the point by asking if there are any candidates for some of the positions, and he also comments that this will be his last year as president. There are no candidates, so the current committee is approved unanimously being as follows: President: Paul Kershaw Vice President: Tony Maggs Vocals: Harmut Schroeder, Jim McGroary and John Cardwell. Administration Secretary: Abitbol Martos Sl (R. Abitbol) Owners are asked to run for the committee this year if they want to be president next year. It is reported that if there are no volunteer candidates, next year the president will be chosen by lottery. 1 . Approval of debtor balances and legal actions to be taken. The administrator comments that the current situation in relation to debtors is good and that it is not planned to take anyone to court because there are small balances and owners are complying with the agreements taken. In any case, it is clarified that in the event of any unforeseen event with debtors, it is convenient that this point be approved in case it is necessary to take any to court since it is a legal requirement. Debtors as of 27.01.2022. AP/102. Greenland, Julia. (Agreement) 255,80€ AP/213. Baines, Richard (deceased) 714,59€ AP/311. Philip H.L. Hughes200,97€ GJ/1. Falcon Baez, Matias371,94 € Juditial. LC/1. Marc Maurice Marie Jean Maby. (Agreement) 2985,00€ Item 6 is voted on and the balance of debtors and the power to the administration to take legal action if it deems it necessary are unanimously approved . 1 . Approval to open the pool on weekends and related costs. The administrator and the president open the point by commenting on the great controversy that has occurred during the last year and a half for the closure of the pool on weekends for not having staff that can comply with the cleaning regulations of Sanidad. The president comments on the costs of opening the pool on weekends, since due to the current situation with the pandemic, it is necessary to clean it in the morning and afternoon. Several owners comment that in many complexes the pool is open and that we can talk to Álvaro who could surely give the cheapest cleaning service once a day in the morning on weekends. After several comments it goes to vote to open the pool on weekends: In favor of opening the pool: 29.83% Against: 22.15% It is approved by a majority to open the pool on weekends. We will talk to Álvaro first if he wants to come and do this service. 1 . Approval for the pool refurbishment. Costs and financing methods. The committee comments that the last major upgrade that has been done in the pool was 12 years ago. Now the grouting is bad, the tiles fall off and it needs a big repair. The gresite tile needs a lot of maintenance since every 4-5 years you have to rejoin it and glue the tiles that have fallen. A company has recommended a 2mm plastic material that can be put on top of the current tile and give us a 10-year warranty without maintenance and easy repair in case there are problems. The material is shown which is a plastic liner imitating a dark blue tile. We already have a Europool budget to place this material of € 33,000 which would be the maximum cost for this work in the pool. Two more budgets have been requested that the committee has to receive. We have been informed that the time to put this material and make the improvement is two weeks and we will try to make it before or after Easter. It is unanimously agreed to do this work. The financing of this project will be voted on later after point 10. 1 . Proposal to charge owners for the cleaning of their dog fouling. Approval The committee comments that on several occasions it has been notified that there are some owners/tenants/guests who leave the fouling of their pets in the common areas and do not pick them up. It is reminded that it is the owners of the houses who are responsible for the behavior of the people who are inside the apartments. Now we have security cameras, and we can see where the person with a dog who has not picked up the fouling is staying. That is why it is proposed that the owners of the apartment where these people stay be sanctioned with € 20. It is unanimously approved to sanction with € 20 to those properties where the owner of the dog is staying. 1 . Approval to introduce a 3-4 year program to replace floor tiling to all public walkways within Colon 1. The president and the vice president report the bad situation of the tiles of the community, they are in many cases damaged, and in several shades since over the years they have been changed by sections, this time it is intended to completely renew all the tiles. This year the two stairs have been changed and repaired. It is wanted in a period of 3-4 years to change all the internal walkways of the community. We want to buy all the tiles for all the walkways together for about € 8,400 and pay about € 6,000 of labor to place them in 3-4 years. It is voted unanimously to do this work of changing all the interior community walkways. We now turn to the financing of the works agreed in agenda items 8 and 10. We have a maximum cost for the pool of € 33,000 and for the corridors of € 14,400. In total the two works total € 47,400. The committee proposes to make a levy of € 12,000 to do these two jobs and the rest take it from the community fund of the community. This way we would not run out of money, and we would have enough for unforeseen events. This levy is only for the apartments. It is proposed that it is done in a year to be invoiced bimonthly with the community fees from March 2022. An owner requests that the levy be per house and not per coefficient, but a smaller apartment owner disagrees. The levy of € 12,000 in a year, billed bimonthly as from March 2022, only to apartments per coefficient is approved by majority with one vote of 1.67% against. Attached is a table of the amounts to be paid per apartment. The committee comments on the continuous complaints that we get from the owners of parking spaces for the poor state of the floor. That is why it is proposed that the owners of parking spaces make a levy of € 10,000 to be paid in 4 years to create a fund for the repair of the floor. Some garage owners comment that this levy has to be paid by all the owners, but they are told that the garage area is only for the owners of parking spaces. An owner comments that she does not want to wait so long to make the repair and proposes that the levy be done in two years. This point is only for garage owners and in this meeting there are 12 spaces. After several comments, the two proposals are voted on: Votes in favor of creating a garage fund for the renovation of the floor of €10,000 in two years: 7 votes Votes in favor of creating a garage fund for the renovation of the floor of €10,000 in four years: 1 vote Votes from owners who don't want to do anything in garages: 5 votes Therefore, it is approved by a majority to make two levies for a total amount of € 10,000 between the owners of the garages and the company that has the right of way within two years to be able to make the repair of the floor. The amounts per parking space per year are €179 to be invoiced in September 2022 and March 2023. 1 . Illegal tourist rental. The committee reminds those present that tourist rental is prohibited in the community and that only apartment 207 can provide this service because they obtained the license before its prohibition. The ban has been added to the statutes and inscribed in the property register. The owner of house 207 is requested to send a copy of the tourist license that has been granted, as well as the 24-hour emergency number that any holiday home is obliged to have. The representative of house 207 requests that the apartment is charged an extra 20% of the fees for tourist rentals and informs that there are more apartments that are also performing this service illegally and are not charged. She is informed that at this time there are no other apartments that are renting touristically that can be identified. 1 . Any other business. The representative of house 208 formally requests that the point of placing elevators in each block and its cost and levy if appropriate be put in the agenda of the next meeting. He says his father needed it to come, but now he can't, but it's a major improvement in this community. The owner of house 101 requests the possibility of putting lampposts with solar boxes in the common areas be studied. He is told that the ones we have are LED and there are not so many lamps in the community, but if he wants to present a study to the committee, he can do it. He also requests that the community replace the lamp that he gave from the corner of his garden and put a community lamp back on it. Date of the next AGM: January 26 , 2023. With no more points to deal with, the meeting closes at 6:30 p.m. The president. The Secretary Mr. Paul Kershaw Sra. R. Abitbol