Collection Of Monthly Dues To Start In January 2012


Pag-ibig Citihomes Phase 2 Homeowners Association (PICHOA-2) Board of Directors has approved on their 1st Regular Meeting held on January 15, 2012 the regular collection of Membership/Association Dues, commonly known as Monthly Dues, starting January 2012.

Mindful of the financial situation of the members, the Board has also approved to condone the previous years uncollected monthly dues to give relief to the members of PICHOA-2. The condonation is only applicable to PICHOA-2’s monthly dues collectibles as of December 31, 2011.

The Board decisions are incorporated in Board Resolution No. 003, Series of 2012.

Members of PICHOA-2 are enjoined to pay promptly their monthly dues on/before the 5th day of the succeeding month.

Members are also encouraged to always ask for the Official Receipt (OR) from the treasurer.

The monthly dues can be paid only to our treasurer, Ms. Gladys B. Adajar, at Phase 2, Block 4, Lot 11.

A letter on this regard will be distributed in the subdivision. Members who are not yet residing in the subdivision are also enjoined to pay their contribution to PICHOA-2.

Buyers/homeowners of Phase 2 housing units are discouraged to pay their Membership Fee and Monthly Dues at the office of the developer, Johndorf Ventures Corporation (JVC). JVC is totally a separate entity from PICHOA-2. The developer is also prohibited to collect any fee in behalf of the homeowners’ association as prescribed in Section 27 of The Subdivision and Condominium Buyers Protective Decreee or PD # 957.

Membership Fee and Monthly Dues should be paid only to PICHOA-2, not to the developer.

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One thought on “Collection Of Monthly Dues To Start In January 2012

  1. Pingback: PICHOA-2 Proposed Financial Bible | Echoes of the Valley

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