Friday, July 15, 2022

Mendocino at Encinitas Ranch HOA Agenda & Meeting Notice

Thursday, July 21, 6:00 PM via ZOOM

Please check with MMS for sign in instructions

  Call to Order 6:00 PM

 Board member appointment

 Open Forum 6:05 - 6:35

 Minutes/Financials (Chris)

 Treasury (Chris)

- foreclosure, delinquencies / unpaid invoices, fines

 Management Report / Project Status Update (Chris/Slav)

- irrigation repair update (post office slope, 1140 MP)

- MP wrought iron fence painting

- street lights

- trash

Landscape Committee (Slav)

Architectural Committee (Nancy)

Executive Session - closed to Membership 7:30 PM

- contract updates/changes

- homeowner hearings

- legal matters

 Adjournment

Owners are welcome and encouraged to attend

Questions? Please contact Mills Property Management at: 760.978.9609

Saturday, July 2, 2022

Message From the President: Mello-Roos Tax Reduction

Fellow homeowners,

You should see a reduction in the line item in the property taxes when you receive your fall SD County Tax Assesssor bill. The property tax bill has a whole bunch of line items one of which is for CFD #1 - Community Facilities District #1, commonly referred to as Mello-Roos. Mendocino, together with Cambria, Saxony, and Encinitas Ranch HOAs, is part of CFD#1. CFD#1 annual tax contributions are shared by these HOAs and Encinitas Ranch Golf Authority (ERGA). Pursuant to the Encinitas Ranch Development Agreement, if ERGA's annual revenues fall short, the HOAs' share of annual tax contributions increases, which was the case in the past. If ERGA has excess golf course net revenues, there is a five year look back provision to pay back the tax shortfall. 

The good news is the golf course is doing extremely well and so much so that they have made all of their contributions to the CFD #1 bonds that are part of our property tax bill. In addition ERGA is going to pay back all of the under payments for 2018, 2019 and 2020 ($562,055), which should result in the homeowners' reduction in the CFD#1 tax line item going forward.

Slav