THIRD VALLE VERDE ASSOCIATION, INC

VALLE VERDE 3 CONSTRUCTION RULESI. GENERAL POLICIES

II. PROCEDURES FOR THE IMPLEMENTATION OF CONSTRUCTION PROJECTS

III. PROCEDURES GOVERNING CHANGE OF PLANS DURING THE CONSTRUCTION PERIOD

IV. SPECIFIC DUTIES AND RESPONSIBILITIES OF ASSOCIATION OFFICERS AND OTHER MEMBERS

V. SCHEDULE OF FINES AND PENALTIES FOR VIOLATIONS OF RULES AND REGULATIONS

VI. REIMBURSEMENT/FORFEITURE OF BONDS

VII. EFFECTIVITY

VIII. RESCISSION CLAUSE

IX. ADDENDUMI. GENERAL POLICIESThe basic policies governing all construction projects are defined in the Covenants and Restrictions annotated in the TCTs of real estate properties within the jurisdiction of the ASSOCIATION. Pertinent provisions are reproduced hereunder for clarity purposes.A. USE OF LAND:1. The lot shall be used exclusively for residential purposes.

2. Not more than one single family residential building will be constructed thereon.

3. Two or more adjacent lots owned by one owner maybe consolidated into one lot provided that thereafter it shall not be subdivided.

4. No vehicular entrance shall be constructed within five (5) meters from the corner of boundary lines of the lot situated next/adjacent to intersecting streets.B. BUILDING RESTRICTION:1. All buildings and improvement (except the fence ) must be of strong materials and properly painted.2. All buildings must be provided with modern sanitary installations connected to the public sewer or an approved septic tank. The minimum clearance of the septic tank to the boundary line must be one (1) meter.3. All buildings must be at a distance of NOT LESS THAN or a strict minimum of two (2) meters from the boundary line of the lot facing the street, and in all side boundaries. A minimum of one (1) meter or not less than (1) meter shall be computed from the eaves of the roof, building or veranda from the buildings outermost protruding

structure whichever is nearest the boundary lines next adjacent thereto. The building walls and columns shall have a setback of minimum of three (3) meters facing a street and two (2) meters facing the side and rear walls.

4. The building must not be higher than ten (10) meters, measured from the elevation of the curb line facing the building to the median of the curb side of the existing lot highest protruding portion or part of the roof. No fence more than two (2) meters in height shall be constructed , erected, or maintained in the lot as follow on the median street level height.5. No construction of duplex house or make shift duplex is allowed. Duplex is defined or having 2 main entrances or as defined by a building code of the Philippines.II. PROCEDURES OF THE EFFECTIVE IMPLEMENTATION OF PROJECTS AND RULES AND REGULATIONS GOVERNING THE CONSTRUCTION ACTIVITY AND CONSTRUCTION PERSONNEL.The following rules and regulations shall apply to both new construction and renovation. Renovation under these rules and regulations shall mean changes in old and finished construction that will affect easement or clearances from boundary lines and will substantially generate debris. Renovation shall be classified as follows:

Major renovations:

1. Additional room or expansion of original plan

2. Swimming pool3. Cabaa of other permanent structure

4. Others (Any changes from the original plan) Minor renovations:

1. Re-roofing

2. Floor retiling

3. Repainting

4. Re-landscaping

5. OthersA. PRE-CONSTRUCTION PERIOD:

A.1.Owners or their duly authorized representatives will submit to the President of the Association through the Construction Committee Chairman, at least two (2) weeks before expected date of construction the following documents:

A.1.a .Building Plans and Specifications prepared by a Licensed

Architect recommended for approval by Ortigas & Co.Ltd.(New construction) Floor Plan (Major renovation only)

A.1.b.Clearance from the Treasurer of the HOMEOWNERS ASSOCIATION re: the payment of the following:(New only)

A.1.b1.Refundable Cash performance bonds

A.1.b.1.a.New Construction P600,000.00

A.1.b.1.b.Major Renovation P250,000.00

A.1.b.1.c.Minor Renovation P 10,000.00For purposes of this provision, demolitions with immediate construction on the site shall be classified as New Construction. Demolitions wherein there is no immediate construction shall be classified as Major Renovation. Should construction thereon commence at a later date, this shall be deemed a New Construction, subject to the payment of the corresponding Performance Bond.

A.1.b.2.Any and all receivable for Association dues and assessments that have fallen due and remain unpaid. (See Association schedule of dues.)

A.1.b.3.Non-refundable Construction Fee

- 20% of bond for new construction

- 20% of bond for major renovation

- 20% of bond for minor renovation

A.1.b.4. Copy or Rules and Regulations-P50.00/copyA.1.c. A duly notarized written undertaking (Form A) signed by the owner and his Contractor/Administrator stating among all other things the following:

A.1.c.1That they have read and understood the

provisions of these rules and regulations.

A.1.c.2That the project will be built in accordance

with approved plans and specifications.

A.1.c.3. That they agree to comply with the

provisions of the rules and regulations

A.1.c.4.That they will pay the corresponding fine and

penalties to include the forfeiture of the

Bonds for violations as approved by these

Rules and Regulations.

A.1.c.5.That they authorize the President or his

representatives to enter the premises of the

project for inspection purposes.

A.1.c.6 .That they will undertake at their expense all necessary corrections required by the Association. Not restricted to the removal of any structure that does not abide with our Construction Rules and Regulations.

A.1.d. A copy of building , Electrical and Sanitary Permit after

they are secured from the city building official.

A.1.e. A list of all construction and supervisory personnel with their ID pictures who will be authorized to enter, stay-in, and/or work at the project. Strictly only one (1) worker will be authorized to sleep inside the construction area and will be issued Blue ID cards. A second worker may be allowed to sleep inside the construction area upon prior written request from the Homeowner and written approval by the Board.A.2.Temporary fence to enclose the lot shall not be erected until the construction permit is obtained by the homeowners and the Construction bond has been posted. A temporary fence shall be constructed with a minimum height of 4 meters from the highest point of the ground using the following light materials:A.2.a Front of Construction Sight: Net or see through material which provides visibility on the construction site

A.2.b Sides and back of Construction Site: [enumerate list of standard materials that may be used] (tarpaulin , blue tarp, Yero)A.3.Actual construction can be started within two (2 weeks from the posting of the construction bond by the lot owner. A.4.Building Permit Number signage and with proper description should be placed in the external well visible in plain sight.

B. CONSTRUCTION SCHEDULE AND OTHER RULES: B.1.The following rules and regulations governing the

construction activity and the behavior of construction

personnel will apply.B.1.a. WORKDAY AND WORKHOURS:Working days will be from Mondays to Friday, from 8:00 a.m. to 5:00 p.m. and Saturday, from 9:00 a.m. to 6:00 p.m. On highly meritorious cases, overtime work maybe allowed by the association on weekdays up to 7:00 pm. NO work of any kind shall be allowed on Sundays or Holidays.

Overtime requests must be submitted to the Administration Office at least 6 hours before start of weekday overtime .B.1.b. DELIVERY OF EQUIPMENT CONSTRUCTION

SUPPLIES AND MATERIALS: B.1.b.1. Delivery of these items will be made ONLY on Mondays to Fridays

from 8: a.m. to 5:00 p.m. and on Saturdays from 9:00 a.m. to 6:00 p.m.

There will be no exemptions to this rule. All materials must be placed

within the perimeter of the construction site.B.1.b.2.Ten Wheeler delivery trucks/Transit Mixers and Movers are strictly

prohibited from entering the village .However, entry of these trucks

could only be allowed upon submission of a letter request to the

Administration Office, subject for approval by the Construction

Committee Chairman and provided, they will not pass the MOLAVE

BRIDGE.

B.1.b.3. The following fee shall apply for the entrance of trucks/vans not limited to construction vehicles.- 4 wheelers (restricted to construction, landscaping delivery/hauling only)-P200

- 6 wheelers (all types of delivery/hauling)-P300.00- 10 wheelers (all types of delivery/hauling only.)-P1,000.00

- Trailer Truck/Mixer (all types of delivery/hauling) - P1,500.00

B.1.c.USE OF STREET AND SIDEWALKStreets and sidewalks are public areas and should always be clear of construction materials or debris. Likewise, mixing of cement is strictly prohibited on these areas.

B.1.c.1.A penalty of P1,000 pesos/day be applied in the first offense.

P2,000/day on 2nd offense

P5,000/day on 3rd offenseB.1.d.USE OF ADJACENT LOT:Whenever applicable a vacant lot near the construction maybe used for storage of construction supplies and materials upon request of the projects owner/contractor. Since the lot is owned by a Member of the Association and in order to protect their rights and interests, the following rules will apply:B.d.1 The project owner/contractor will post (a Rental fee of P100/sqm per month) non-refundable Cash Bond of Twenty Thousand Pesos (P20,000.00) to guarantee the clearing of the lot once the project is completed. The lot shall be restored to its original condition within two weeks from completion of construction.B.d.2 The Project owner shall present to the Board the prior written consent of the lot owner. Upon approval of the Board, the Homeowner shall pay the Cash Bond stated in B.d.1 above. Since the Association is charged with monitoring the lot and ensuring strict compliance with these Rules and any amendment(s) hereto, the Cash Bond shall be split as follows: 70% Lot Owner; 30% Third Valle Verde Homeowners Association, Inc.

B.d.3 Should the owner use the lot prior to the completion of the project, the project owner/contractor must clear the lot within the period specified by lot owner.

B.d.4 The lot shall be used solely for storage of construction supplies and materials. No living quarters of latrines or makeshift shanties for construction workers will be built thereat.

B.d.5 If construction debris and/or excavated soil from the construction site is dumped thereat during the construction period such as debris and/or soil must be removed not later that the first Saturday from the date such debris or soil has been dumped.

B.1.e. SAFETY:

Safety devices must be installed and extreme care be exercised in order to prevent damage to property or injuries to persons. At least two (2) sets of fire extinguishers with capacity of 2 gallons or 20 lbs. each should be provided in the site. B.1.e.1. Non-existence of the safety extinguishers shall be charge an amount of P1,000/day, P2,000/day 2nd offense, P5,000/day 3rd offense

B.1.e.2. Non-compliance can result for the suspension of construction work as exercise by the village association. B.1.f. REQUIRED INSPECTION

B.1.f.1.The Owner or his representative will inform Chairman,

Construction Committee the expected dates of pouring the

projects foundation and completion of roof framing

construction to enable the Chairman or his duly authorized

representative to inspect the premises for compliance to

required distances from property lines.B.1.f .2SCHEDULE OF INSPECTIONB.1.f.2.a. Upon completion of excavation of foundations but before the pouring of the concrete footings.B.1.f.2.b. When roof framing construction shows complete extension of eaves gutter lines, which must be in accordance with easement requirements from the property line 2.00 M along any street and 1.00 M along any adjacent lot. See Section1.BB.1.f.2.c.Upon completion of excavation for Septic tank. No water supply tank shall be higher than 2.00 M from the ground level.

B.1.f.2.d.Upon completion of the layout of the drainage but before actual installation of such drainage system.B.1.f.2.e. Upon completion of construction including concrete sidewalk, 7.5 cm. thick and 1.15 M wide along the perimeter of the lot fronting any street and complete clearing of premises and surrounding areas, including any vacant lot/s used during construction.

B.1.g.SANITATION

Sanitation of living quarters, latrines, cooking and dining areas must be collected inside the construction premises and disposed properly. Latrines must be built inside the construction site with a minimum depth of six (6) feet.B.1.h.USE OF PRIVATE SECURITY AGENCIES:

If the owner desires to hire the services of Private Security Agencies to guard his premises, he must coordinate with the chairman, Security Committee and if allowed, Security personnel will be treated as part of the Stay-in construction personnel and shall report to the OIC of the TVVHAI Security. All rules for construction personnel will apply to them and they will not be allowed to move outside the construction premises with their weapons.

B.1.i RESTRICTED AREAS:

The Village Park is declared a RESTRICTED AREA for the construction personnel.

B.1.j.USE OF ID CARDS:

All construction personnel must have a valid ID card and should have their ID in their possession at all time specially when outside of the construction premises. Homeowners shall be responsible for the discipline and control of their construction personnel.

B.1.k.CURFEW HOURS:

Construction personnel with Green IDs must leave the village area before 5:30 p.m. .Personnel with Blue IDs (stay-in personnel should not loiter

or move around the village between 8:00 p.m. to 8:00 a.m. the following day. All violators of these regulations will be apprehended, their IDs

confiscated and will be directed to leave the village immediately.B.1.l.INTOXICATING LIQUORS:

Construction personnel are not allowed to bring into the village intoxicating liquor to include beer. Drinking liquor and beer is absolutely prohibited inside the village.

B.1.2Any worker caught with intoxicating liquor can be permanently banned from the village.

B.1.m.PETS:

Keeping of pets of any kind is not allowed.

B. 1.n. GAMBLING

Gambling of any type is definitely prohibited.

B.1.o.FAMILIES:

Families especially children of construction

personnel are not allowed to reside in workers

livingquarters. Construction personnel are not

allowed to bring females to their living

quarters at any time.

B.1.p.FIREARMS OR DEADLY WEAPONS:

Construction personnel are not allowed to bring

firearms and/or deadly weapons inside the village.

Any person apprehended for this violation will be

brought to the nearest Police Station by the Village

Security Personnel.

B.1.q.BURNING COGON AND OTHER MATERIALS:

Under no circumstances should burning of cogon

other materials be allowed.

B.2.PROCEDURES GOVERNING INCOMPLETE CONSTRUCTIONS:

The building should be completed within the periods specified below. Should there be a work stoppage, the owner or his contractor shall advise the Association through the Chairman, Construction Committee, citing the

reason(s) for the stoppage and indication when they expect to resume the work. When the corresponding original period has elapsed from the issuance of the original permit , owner shall apply for a new permit. The board rules shall apply where in return of the original bond less any no- refundable amount and new application and new bond rates if any shall apply.New ConstructionMajor RenovationMinor Renovation

Period to Complete18calendar months, inclusive of Weekends and Holidays12 calendar months, inclusive of Weekends and Holidays1 calendar month, inclusive of Weekends and Holidays

Cash Performance Bond 600,000250,00010,000

Allowable extension upon prior written consent of the Board12 calendar months, inclusive of Weekends and Holidays6 calendar months, inclusive of Weekends and Holidays1 calendar month, inclusive of Weekends and Holidays

Additional Bond for extension (non-refundable)10,000 per month8,000 per month4,000

Should construction exceed the allowable extensionApply for a new construction bondRenovation shall be deemed a Major renovation, subject to the payment of corresponding bond/fees and other requirements

Additional RequirementsUpdated NBI / Police Clearances for all workers on siteGuarantee/ Undertaking executed by the Homeowner than he/she will be responsible for and be solidarily liable for acts and omissions of workers while on site

Exception to the above schedule and rules shall be subject to prior Board approval and shall be evaluated on a case to case basis.

III. PROCEDURES GOVERNING CHANGE OF PLANS DURING THE

CONSTRUCTION PERIOD:

III.A.If the owner decides to change the approved buildings plans and

Specifications after the Building Permit has been issued by the

City Building Official, he must first submit to the President

Through the Chairman, Construction Committee the new set of

plans for evaluation. The new plans will be implemented upon

approval by the Chairman, Construction Committee the new set

of plans for evaluation .The new plans will be implemented upon approval by the Chairman, Construction Committee and the President or after a new Building Permit has been issued by the City Building Official whichever is necessary according to the National Building Code.

III. SPECIFIC DUTIES AND RESPONSIBILITIES OF ASSOCIATION

OFFICERS AND OTHER MEMBERS:

It is the duty and responsibility of every member of our Association to be vigilant and report all violations to the President or to any officer concerned in the implementation of these rules and regulations. These rules were designed for the security and welfare of all the Members as well as the enhancement of the beauty of our community. IV.A. DUTIES AND RESPONSIBILITIES OF THE CHAIRMAN CONSTRUCTION COMMITTEE:

IV.A.I.Review all plans and specifications submitted to determine

whether they conform to standards and make the corresponding recommendation to the President.

IV.A.2.Issues ID cards for construction personnel.

IV.A.3.Make the required and periodic inspection on job sites to determine whether violations are committed and take the necessary measures for their correction.

IV.A.4.Act on all reports of violations and determine the fines and penalties to be imposed.

IV.A.5.Make the necessary inspection after the projects completion and submit to the Board his findings as basis for the forfeiture or release of the Construction Bonds.

IV.A.6.Cause to be prepared for the Presidents signature all communications to outside Agencies when violations have been found and unacted upon.

IV.A.7.Perform such other duties that the President may direct.

IV.B.DUTIES AND RESPONSIBILITIES OF THE CHAIRMAN, SECURITY COMMITTEE INVOLVING CONSTRUCTION PROJECTS: IV.B.1.Directs village Security Personnel to strictly enforce rules and regulations pertinent to the behavior of Construction personnel.

IV.B.2.Directs Village Security to assist the Construction Committee Chairman and the Administrator in the inspection of pre-construction and construction activities to see that there is no violation especially on II.A.2. and II.B.2.

IV.B.3.Furnishes the Chairman, Construction Committee a copy of all violation reports. IV.B.4.Recovers all ID cards issued to construction Personnel after the completion of the projects.

IV.B.5.Coordinate with Chairman, Construction Committee on all matters on security involving construction projects.

IV.B.6.Perform such other duties that the President of the Chairman, Construction Committee may direct.

IV.C.DUTIES AND RESPONSIBILITIES OF THE TREASURER INVOLVING

CONSTRUCTION PROJECTS:

IV.C.1.Ascertain that all receivables for the association dues and other

Assessments have been paid and unpaid cause their payment before the issuance of Clearance for construction purposes.

IV.C.2.Cause the payment of all fines and penalties for violations of Association Rules and Regulations. If the owner/contractor does not pay the fines, causes their deduction from the cash bond before it is reimbursed to the project owner/contractor.

IV.D.DUTIES AND RESPONSIBILITIES OF THE ADMINISTRATOR INVOLVING CONSTRUCTION PROJECTS:

IV.D.1.Ensure that owner accomplishes duly notarized written undertaking (Form A) prior to start of construction.

IV.D.2.Maintains file folder for each approved construction for monitoring and references purposes. This folder shall include among others, a checklist that will show all pertinent data required in the pre-construction and construction period such as name and address of contractor, date fees paid and when applicable, refunded start and completion of construction, etc. Plans and specification may also be folded and included in this folder. IV.D.3.Assist the Chairman, Construction Committee in the issuance of IDs for all construction workers.

IV.D.4.Assist the Chairman, Construction Committee in the inspection of projects.

IV.D.5.Advises the Treasurer of violations of regulations determined and reported to the Board by Chairman, Construction Committee for purposes of the imposition.IV. SCHEDULE OF FINES AND PENALTIES FOR VIOLATIONS:

V.A. VIOLATION OF RULE ON (all amounts are in PhP):Violation1st Offense2nd Offense

Workday2,000.00 per workerPermanent ban from entering the village premises

Work Hours1,000.00 per worker per hourPermanent ban from entering the village premises

Use of Streets2,000.00

clean-up, repair, restoration costs and permanent ban from entering village premises.N/A

Safety1,000.00

Permanent ban from entering the village premisesN/A

Required Inspection & Over Stay-In2,000.00

Permanent ban from entering the village premisesN/A

Sanitation2,000.00 per day2,000.00 per day

* 3rd offense 5,000.00 per day

Restricted Area1,000.00Permanent ban from entering the village premises

Use of Other Workers ID Card1,000.00 per worker

Permanent ban from entering village premises N/A

Lost ID Card200.00 per IDN/A

Curfew Hours2,000.00 per personPermanent ban from entering the village premises

Intoxicating Liquors2,000.00 per person

Automatic and permanent ejection from the Village.N/A

PetsWarning and disposal of Pet

Gambling2,000.00 per person

Automatic and permanent ejection from the Village.N/A

Families2,000.00 per person

Automatic ejection of family members from the Village.N/A

Firearms and Deadly Weapons5,000.00 per person

Automatic and permanent ejection from the Village.N/A

Burning of Cogon / Other materials5,000.00

Offender will be brought to Barangay Officials10,000.00

Offender will be brought to Barangay Officials

V. REIMBURSEMENT /FORFEITURE OF BONDS:

VI.A.PURPOSES:

VI.A.1.CASH PERFORMANCE BOND:

This is required to guarantee that the building As-built,

does not violate the deed of restrictions and the

owner/contractor has complied with these rules and

regulations during the construction period.

VI.A.2.CASH BOND FOR THE USE OF ADJACENT LOT:

This bond is required to guarantee that the owners of the

new projects who will use the adjacent lots during the

construction period will clear/clean the lot used.

This bond is forfeited to the association if the lot used

is not cleared or cleaned within sixty (60) days after the

project is completed or within the same period if the

owner decides to stop the construction activity to its

completion.

VI.B. REIMBURSEMENT OF BONDS:Upon the projects completion, the owner will request the president for the reimbursement of the Bonds through the Chairman, Construction Committee with the following documents:

VI.B.1. A certified true copy of the Occupancy, Building,

Electrical and sanitary Plumbing Permit issued by

the City Building Official.

VI.B.2.A certificate from the treasurer that all fines and

penalties levied has been paid and if not paid, the

same will be deducted from the bond.

I.B.3.A certificate from the Chairman of the Security

Committee that all ID cards of the construction

personnel have been surrendered except those who

are designated as Caretaker of the vacant residence.

VI.B.4.Inspection Requirement: Upon the receipt of the

above document, the Chairman, Construction

Committee or his duly authorized representative

will inspect within ten (10) days project to

determine whether it conforms with the Covenants

and Deed of restrictions, and to see whether the

adjacent lots used during the construction period

have been cleared/cleaned. If no violations are

found, the Chairman with the President approval

will conform the Treasurer in writing to reimburse

the Bond/s posted minus all unpaid fines and

penalties imposed during the construction period.

However, if violations are found ,the matter will be

referred to the Board on this regular monthly

meeting for the appropriate action decision.

VI.B.5.Board Action: The Board on its regular monthly

meeting will study the findings and

recommendationof the Chairman, Construction

Committee and will decide by majority decision the

appropriate action to be taken. A board decision for

the forfeiture of the Board will not prejudice any

future action by the Ortigas & Co. Ltd., the

Association or any member of the Association from

instituting action to enforce the restrictions in

consonance with the Covenants and Restrictions.

VI.B.6.Refund of Construction Bond:

VI.B.6.a.Return and surrender all construction

workers ID cards to Administration Office

upon construction completion.

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VI.B.6.b.Return construction bond in full thirty (30)

days after construction inspection and after

occupants permit has been submitted, and;

VI.B.6.c.Another bond is necessary if additional

construction is required.VI. EFFECTIVITY:

These revised rules and regulations are effective as of January 2015.VII. RESCISSION CLAUSE:

These rules and regulations will stay in force and will only be rescinded by competent Authority in accordance with and pursuant to the Associations By-Laws.

APPROVED BY:

BOARD OF DIRECTORS

2014-2015 THIRD VALLE VERDE HOMEOWNERS ASSOCIATION, INC.

KRISTOFFER ALLAN TANG

RICARDO YAO

President

Vice-President

VICENTE ATILANO

MA. RITA DEL ROSARIO Director

DirectorRUBEN TAN

SHIRLEY VESAGASAsst. Treasurer

Corporate SecretaryALEJANDRO REVILLA

VINCENT LAODirector

TreasurerFIDEL HENARES

MA. CRISTINA HOLOPAINENDirector

Asst. SecretarySHERJACK SIAODirector

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