Vote now for new roofs!

The Board needs you to send in your vote for the new roofs today!

Have a question or concern about the vote? Email us at help@caminodelprado.org.

Not voting is effectively a vote for a dues increase.

If we don’t get enough votes then we will have to raise dues to get the funds, and defer the project until we have enough funding. The Board would prefer to secure funding now, and begin replacing our very old and fragile roofs as soon as possible.

To everyone that has already voted, thank you.

CDPHOA Next Board Meeting Feb 25th, 2021 6:30 PM

Join by computer: https://caminodelpradohoa.my.webex.com/caminodelpradohoa.my/j.php?MTID=me0daa3ea499b4bfade5239b9941ae159

Join by phone:
+1-415-655-0001 US Toll
Access code: 126 780 8702 password: 86395279

1.  CALL TO ORDER

2.  OPEN FORUM

3.  APPROVAL OF MINUTES  

– Previous Board of Directors Meeting Minutes 

– Actions and Approvals Taken by the Board of Directors without a Meeting

4.  APPROVAL OF FINANCIALS

– Financials Review

– Reserve Account Review / Funding

– Budget Review and Discussions

– A/R Review 

 

5.  OLD BUSINESS

– Review of projects from previous meeting

– Building Condition and Issues 

– Termite Inspections, Treatments, Schedules

– Fireplace Use Update (use of Fireplace remains prohibited)

– Consulting/Oversight bid 

– Landscaping (irrigation, new/replacement plants)

– Exterior Lighting & Termite Work

– Board of Directors Election Update

– Special Assessment Ballot Update

– Roofing

6.  NEW BUSINESS

7.  SCHEDULING OF NEXT MEETING

    The next board of directors meeting is scheduled for:             

       Location & Time:  to be announced.  

Announcement of meetings are posted at the clubroom bulletin board. 

8.  ADJOURNMENT

9.  Board Executive Meeting – HOA Logistics

– Board only

The Board needs you!

We need volunteers to join the Board! If you are interested in helping steer projects like roofing, keeping dues low, and more, now is the time to join. Membership can start with as little as a few hours a month. If you are interested, please reach out to help@caminodelprado.org. (I’m also happy to answer any questions about what Board membership entails.)

Cold? Try the hot tub!

We keep the hot tub at around 101°F! The heat is on 1pm to 10pm (note: it usually takes an hour or two to get up to temperature).
Reserve your time up to 5 days in advance on https://booking.appointy.com/caminodelprado (and be sure to fill out the Terms of Use Form at least once). The better we can gauge usage, the better we can make decisions about when to keep the heat on.
Please remember to sanitize high tough surfaces with the provided sanitizer and sponge before and after use, and respect quiet hours.

Roof Financing Vote

Soon all homeowners will receive a letter in the mail asking you to vote on how to fund our upcoming roof replacement. It is very important that you fill out and return your ballot on this topic so that the Board can properly plan for this upcoming project.

By 2023 we need to begin replacing our roofs. Our current roofs are old and leaking more and more every year, and they are made of a material that costs extra to insure. The HOA reserve study estimates $859,500 to replacing the roofs and we have been saving up so we can afford in the next few years. Unfortunately, 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 $6600/unit because that allows us to keep the regular dues low. (Members should still expect an annual dues increase of 5-10% in order to keep up with rising costs as our homes get older and the area gets more expensive.)

In order to give everyone ample time to prepare, this special assessment would be due January 31st, 2022.

However, if a special assessment is not approved by the membership then HOA dues can also be increased by 20% each year to make up the deficiency in funds. (This could mean $522/mo in 2021, $626/mo in 2022, $751/mo in 2023, $902/mo in 2024).

If you have any questions, please join a Board meeting online or by phone, or email help@caminodelprado.org. We need to hear the votes of as many people as possible on this topic.