We, the unit owners and residents of Spring Residences, strongly object to the ₱31.5M Special Assessment imposed through Circular No. 2026-077 without proper general membership approval and quorum under the Condominium Act.
Management has also failed to release the Audited Financial Statements (AFS) and proper bidding records to justify why regular association dues cannot cover these expenses, while unjustly threatening penalties.
We demand:
An immediate freeze on special assessment billings and penalties.
Full release of Audited Financial Statements and financial transparency.
A Special General Membership Meeting for proper and transparent voting.
I am signing this petition because I strongly object to forcing unit owners to shoulder the ₱31.5 million cost of repairs and waterproofing. Before imposing such a huge financial burden on us, SMDC must fully explain why these expenses are being passed on to owners, provide complete transparency on the costs, and establish who is truly responsible for these building defects and repairs. Unit owners should not simply be made to pay without proper justification and accountability.