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Home » Announcements » Announcements CCHOA » Blue Anchor 2021 Newsletter April

Announcements

Blue Anchor 2021 Newsletter April


4/6/2021
I hope you are all doing well as we begin to emerge from the pandemic. Our General Manager, Henry Angelino, has been regularly providing you reports on CCHOA activities, but I wanted to report on matters specifically relating to Blue Anchor Village.

As you may know, your monthly HOA assessment of $153.13 has two components: a Common charge and a Blue Anchor Village charge. The Common charge is the same for all Cays owners and is currently $125.19. The village charge is unique to Blue Anchor Village and is currently $27.94. Following significant increases to both these charges in 2016-18, we have been able to limit increases in each charge to only 1% in total over the last three years. After a careful review of our finances for 2021-22, we are proposing no increase to the Common charge and a 2% increase to the Blue Anchor Village charge ($0.56/month). The proposed new Blue Anchor Village monthly assessment is $153.69, effective July 1, 2021.

This increase is prudent for two primary reasons. First, it will assure that our contributions to our capital reserve account are adequate to replace our village assets at the end of their useful lives. These assets include fencing, signage, lighting, landscaping, and irrigation equipment. Second, it will help us keep pace with the inflation in our operating costs.

The CCHOA annual budget for 2021-22 will be considered for approval at the next meeting of the CCHOA Board of Directors on April 22. Please feel free to join us (virtually) via Zoom if you are interested in commenting or learning more about the budget. Or please contact me directly with any questions or comments.

Our single biggest annual operating expense is water. We all want beautiful and healthy landscaping, but we also want to be environmentally responsible and save money as well. The heart of our village irrigation system consists of a number of CalSense water controllers. These are not only aging and prone to outage, but they are also a generation behind the latest technology. So we will be replacing them next year with new ET Water controllers, which are able to track predicted weather and automatically control irrigation to provide a timely and optimal distribution of water. They will be paid for with funds from our village capital reserve account.

Don't hesitate to contact me with any questions or comments about Blue Anchor or HOA activities. You can reach me by email at dirblueanchor@cchoa.org

Sincerely,

Mark Crisson