Originally Posted by JGB (Post 6602792)

Rago 1 owners, if you know what is good for you do not let ADA take over your community. For the sake of one summer’s swimming pool; rushing into a community with ADA, appointed by Fadesa, will end up costing you all far more in the long run.
You could well end up paying, not only for the fuel, the generator and so on but consider the other three developments given to ADA (previously AEA) by Fadesa; all three have ended up with two years back payments for water because the administration neglected to contract community water at the beginning of the communities and neglected to budget accordingly. Therefore owners are paying a lump sum now for Fadesa's usage during the set up of the gardens etc as well as some owners who only just completed are paying for two years water when they were not even owners.
Yes, Fadesa should have paid or be made to pay – when you see those flying pigs, maybe the communities will get money from Fadesa. ADA had no intention of even trying, and that was before this fiasco.
Of the three ADA ‘managed’ phases,
One has an Intercommunity budget alone (that’s just the roads, not even including the Manzana gardens or pools) for 2008 of €110,000.00 - twice that of other companies offering services to the community.
One cost €450,000.00 to service in 2007; that wasn’t even enough, they also told owners they had to cover a massive shortfall.
One, no numbers to show, have apparently gone into bankruptcy due to overspending and lack of funds.
ADA say it’s due to non payers - mostly Fadesa.
What are you going to do next year with an over inflated budget supposedly divided into the number of properties on Rago 1 – are Fadesa going to pay their portion ?? ADA have not had a great deal of luck so far; you will end up in debt before you even get off the ground.

Rago 1 owners, there is enough historical evidence on Costa Esuri to advise you not to allow ADA anywhere near your community.
According to the minutes recently posted from the first meeting when the constitution was established; that meeting took place in May 2007 when Manuel Rodriguez Perez was named administrator, ADA are not mentioned anywhere. Fadesa were 100% owners.
There is supposed to be an AGM each year to elect presidents and to choose your own management company, services etc.
You do not have to select a management company; don’t be led to believe you need one. The only thing a community needs, by law, is a president. You are entitled to run your own affairs.
The first meeting was over a year ago; even if Manuel Rodriguez Perez was named administrator, in theory his first year is up; therefore he should have no business in your community. Unless you elect him !
You are a only few private owners at the moment – find a way to organise yourselves; choose a management company who will look after YOUR interests.
Costa Esuri historical fact will tell you that ADA and their connections will not.
Seek legal advice from someone who is not connected to Fadesa.

Originally Posted by yes we can (Post 6604635)

Hi JGB:)

I totally agree with you, ADA is Fadesa, since we change them for another management company our Manzana at Marina Esuri goes much better for less money and was not so hard for us to finish with ADA.

Regards

Originally Posted by yes we can (Post 6604635)

Hi JGB:)

I totally agree with you, ADA is Fadesa, since we change them for another management company our Manzana at Marina Esuri goes much better for less money and was not so hard for us to finish with ADA.

Regards

Originally Posted by Yorkshire Scratcher (Post 6604621)

What you continue to fail to see is that one mans chrisis is another mans blip.

Not all of us are blessed with your oracle of forsight. Yes the article mis-reports. But you must understand ordinary working people have bought properties following all the correct advice and procedures and have been left in a very uncomfortable position. Yes firms go bust and that is a risk we take every day...but some of what has gone on the electricity in particular just compounds the concern and anxiety people have.

Frankly, a number posters here seem to feed off this.

In your position you could do much to help......the Oracle could be a great focus for bringing the various groups together....and with your inside track and contacts well it could make a difference. So how about it can you help rally and co-ordinate?

Originally Posted by CAROL TAFF (Post 6604969)

I totally disagree. I've been the proud owner on RAGO 2 for over two years and our community management has been in the hands of ADA throughout. They're not perfect; nevertheless, in my humble opinion, JGB's vitriolic comments were well over the top. The 100,000€ rereferred to was not just for roads but also, amongst other things, covered the cost of running four sets of swimming pools. The total intercommunity spend for 2007 was under 200,000€. It grieves me that blog readers' minds are being distorted by what I believe to be unsubstantiated incorrorrect assertions.

Taff

Originally Posted by Hillybilly (Post 6604502)

From today's Telegraph
http://www.telegraph.co.uk/news/worl...al-battle.html

Originally Posted by CAROL TAFF (Post 6605024)

The attached criticism is not justified. Throughout this entire unfortunate episode, Fortalesa has been the one stable voice, providing a continuous stream of very useful information and sound common sense, in what has otherwise been a somewhat panicky string of posts. Long may he bless us with his contributions. He makes me very proud of being Welsh.

Taff

Originally Posted by Fortaleza (Post 6604528)

Pretty irresponsible scaremongering journalism.

I hope that couple in the story feel pleased with themselves. How, in God's name, has that helped the situation? Are these people so dumb that they think Fadesa - with all their current problems - are going to look at that and say, "Shit, you know, what were we thinking? There we were concentrating on these people losong their jobs and the possibility of us dragging a couple of banks down with us due to their exposure to our debt when the REAL issue is a loss of rental earnings on Costa Esuri."

It's idiots like that who will never have any concept of the damage they have done to the area as a whole, not just the "eyesore" that is Esuri. (Their words not mine)

Originally Posted by adec (Post 6603873)

was there until about 15 july-ish and no issues... then again we have these wall plugs in every bedroom that use these 'blue tablets' you can buy at the supermarket .. always work...

biggest prob was Sis sitting back on a chair outside and discovering a frog!! certainly made her jump!

Originally Posted by Bennie (Post 6605534)

I dont read this much but just want to say to you mate you are doing a great job at putting everyones minds at rest and keep up the good work.