Sample HOA Board Resolution

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 2

SAMPLE HOMEOWNERS ASSOCIATION INC.

Executive Village
Philippines

BOARD RESOLUTION NO. ___ S. 2020

WHEREAS, a long standing concern of the Homeowners is their security


within the subdivision considering the lack of a perimeter fence established by
the developer, Realty and Development, Inc., to keep non-residents out of the
subdivision;

WHEREAS, over the years there have been reported thefts and burglaries of
the Homeowners’ residences, as well as suspicious and anxiety causing noises
heard at night that lead to the thought that there are strangers who were able to
get inside the subdivision and are casing their homes;

WHEREAS, as determined by Board Director and Head of the Security


Committee, Gen. Mr. Security, access to the subdivision can be made, and reports
have it that entries have been made, through certain areas along the streets of
Road 1, Road 2, and Road 3, hence, it was recommended that a security fence be
installed along in these areas;

WHEREAS, in order to deter the entry into the subdivision through the
determined access points along the streets above-identified, and with the intent
of calming the anxiety of the Homeowners due to the lack of a perimeter security
fence, it was resolved in a meeting called for the purpose, that a fence will be put
up along the above-mentioned streets to be funded out of the HOA Funds in the
estimated amount of Two Hundred Fifty Thousand (Php250,000.00) Pesos,
inclusive of the amount of materials to be procured and the cost of labor;;

NOW, THEREFORE, the foregoing considered, BE IT RESOLVED, AS IT IS


HEREBY RESOLVED, that the amount of TWO HUNDRED AND FIFTY
THOUSAND PESOS (PHP250,000.00) be appropriated for a fencing project that
would install a fence to run through the streets of Road 1, Road 2, and Road 3, the
amount being inclusive of the amount of materials to be procured and the cost of
labor;

FURTHER, Board Director Gen. Mr. Security, being the Head of the
Security Committee is elected to be in charge with the project and to exercise
discretion in the selection and employment of the necessary personnel who would
do the installation, giving due regard to the budget restrictions herein stated, and,
subject to the usual audit procedure upon completion of the project;

1
IN WITNESS OF THE FOREGOING, the following Directors have SIGNED
and APPROVED this Resolution this ___ day of March 2020 in xxxxx City.

________________________ ________________________
xxxxxx xxxxxx
Director Director- Board Treasurer

________________________ ________________________
xxxxxx xxxxxx
Director President

________________________ ________________________
xxxxxx xxxxxx
Director- Board Secretary Director-Head of Security Committee

________________________ ________________________
xxxxxx xxxxxx
Director Director

________________________ ________________________
xxxxxx xxxxxx
Director- Head Maintenance Director
Committee

________________________
xxxxxx
Director

You might also like