2002 Board Resolutions

23 July 2002

• Confirmation and ratification of various contracts executed by the President and Property Manager for and in behalf of the Condominium Corporation

20 August 2002

• Implementation of an amnesty/condonation program to cover delinquent accounts as of August 31, 2002

20 November 2002

• Approval of the use of the restaurant area in Lawton Tower as a Multi-Purpose Function Room by members/residents

• Revision of Collection Policy revising cut-off date of quarterly billings to be due on or before 15th of the first month of the quarter

• Granting of discount equivalent to one (1) month for advance payment of annual dues on or before January 31, 2003

• Hiring of one (1) additional staff for the Administration

10 December 2002

• Approval of installation of access barriers for incoming vehicles

• Approval of air-conditioning of garbage room

• Ratification of Fourth Amendment to Amended Master Deed with Declaration of Restrictions of Essensa East Forbes (Re: To lift the right of first refusal on transfer/sale of the condominium units of its members, in Part II, Section 7 (b), of the Condominium Master Deed), and designation of authorized representatives in processing the same with Government agencies