STOP SP/LVP EXCO FROM MAKING ANY DECISION WITH BTS IPP

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Dear EXCo,
Please note that your decision to enter into negotiations for IPP is ultra vires & against the laws of the Estate.

The proposed IPP will increase residents overhead cost by at least 65% in the next one year. Also, it is to be noted that the proposed Gen Set, will never be an asset to the estate, hence purchasing a Gen Set, that will remain an asset of the estate is key.

By this petition, we request that you desist from taking further actions with the purported IPP service provider till such a time as you have the mandate of the residents & not the homeowners alone.

Your authority as EXCo is to look into the acquisition of a generator & that has not changed.

Thank you.



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