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Late Payment Interest (LPI) - PMO Cannot Rescind

posted Apr 22, 2010, 8:49 PM by PMO Frontdesk   [ updated Apr 22, 2010, 8:56 PM ]
The PMO have been regularly receiving requests from residents to rescind Late Payment Interest charges that are on their billing statements.  The PMO are not authorized to remove these charges as LPI was a resolution passed by the JMB (residents of ATC) at the 2009 AGM.  Any changes to the LPI can only be made at the next AGM. The PMO are only following the AGM instructions.