THE SOLE ADMINISTRATOR OF THE EUC COSTA ESURI

On February 23, 2016, the then President of the Governing Council of the EUC entered into a contract for the administration of our Urban Entity with MR MANAGERING MADRID, S.L., with registered office at Calle San Bernardo, 64, 4ª planta, 28015 Madrid and tax ID number B-82928227.

The contract states:

“That MR MANAGERING MADRID, S.L., is integrated by economists, lawyers and graduates in business sciences…… with professional office in Avenida Alcalde Narciso Martín Navarro 79, Bajo, Ayamonte (Huelva).”

This contract had an initial term of two years, which could be tacitly extended every year unless three months’ notice was given (before November 23 of each year).

Clause TWELVE of the contract states:

“Neither E.U.C. COSTA ESURI nor MR MANAGERING MADRID, S.L., may assign, in whole or in part, the rights that correspond to it under this Contract or its contractual position.”

In the “Transparency” tab of the EUC website (www.euccostaesuri.com), MR MANAGERING MADRID, S.L.. appears as the holder of the administration contract, from which it is inferred that the contract signed in 2016 is still in force and has not been contracted with anyone other than MR MANAGERING MADRID, S.L..

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At the address of the “professional office” established in the contract, there is a Property Management company, Playa Managering, S.L., a company with NIF B88248117, with which EUC Costa Esuri has no contractual relationship.

The fact that its label appears in this “office” has given rise to this company being understood as our administrator, and the Governing Council of the EUC contributes to this confusion by putting Playa Managering as administrator on the web page.

We are not going to go into the possible consequences that may arise from this confusion, (among others: this company is not responsible for the fulfillment of the contract; this company is not bound by the data protection clause established in the contract; or that the contract has been violated by assigning it to a company other than the one contracted; etc…).

But we do want all the owners to be aware of who our Administrator is: MR MANAGERING MADRID, S.L., and to contact them for any kind of formalities, either at their address in Madrid (Calle San Bernardo, 64, 4th floor, 28015 Madrid), or at their professional office in Ayamonte (Avenida Alcalde Narciso Martín Navarro 79, Bajo, 21400 Ayamonte (Huelva).

And we ask the Governing Council of the EUC, to rectify the information on the website and, in their statements, to refer to who is contractually our administrator, which is none other than MR MANAGERING MADRID, SL.

JD CERA

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