By 2023 the Association needs to begin replacing our roofs, if not sooner. Our current roofs are old and made of a material that costs extra to insure. Our original reserve study estimates $859,500 to replacing the roofs, however, we recently received a new estimate at $1,435,560. That’s a $576,060 difference.
The Board would prefer to tackle this as a special assessment of $6,600/unit because that allows us to keep the regular dues low. Authorizing this special assessment also makes roof replacement more possible to happen earlier.
But we need you! We can only proceed if at least 44 members return their ballots! Ballots are going in the mail February 23rd. If you don’t receive a ballot soon, please let us know. Or if you have any other questions, please reach out to help@caminodelprado.org.
Read more on the Roofing Project page.
