Announcements

Good morning or afternoon Mardi Gras Homeowners or Residents. This email is a review of some of the current happenings in your village and the Cays, and some of the realities of HOA living or general reminders.

PARKING AND TRASHCANS:

Please do not park in the red zones, across your driveway where the sidewalk is blocked, or longer than 72 hours in the driveway. If you find a parking violation on your car, it is a gentle reminder by Safety to please cease that particular activity. Although there are no financial penalties attached to the notice, if the activity is repeated you may receive an invitation to explain your actions to the Board of Directors and they can fine a homeowner.

Please remember to NOT put your trash cans out sooner than Sunday night and then bring them in on Monday. The cans should be put away and not visible from the road or sidewalk.

GROUNDS:

The Board has solicited bids for the landscape contract. The bid responses were narrowed down to three bidders. Management and Board members then met with those vendors on sites around San Diego and Coronado to look at the work they are doing for other HOAs. A formal announcement of the selected landscape maintenance contractor will be made at the end of April. The cost of the contract has remained nearly the same.

Water is terribly expensive, so if you happen to notice any leaks or pooling water anywhere in the Cays please call either the Cays office, 619-423-4353 or after hours the kiosk-619-575-8100.

BUDGET:

Each Board member has completed the initial phase of their village budget and the entire Board has looked at all of the budgets for the CCHOA. The final approval will occur at the Board meeting on April 28, 2022. As many of you have guessed, the Cays is seeing substantial increases in numerous categories as well as costs related to reserve items, which in Mardi Gras’ case are items like roofs, painting, clubhouse, pool, tennis courts, roads, seawalls and numerous other items. Some examples of increases are listed below as well as items related specifically to Mardi Gras:

SDG&E has increased electrical rates 11.4%;
All insurances have increased by 15%, as many of you may have found when renewing your homeowners’ insurance;
Trash pick up has increased 33%;
Supplies and chemicals increased an average of 14%.
Water is going up but we don’t have the rate yet.

A major component of the potential increase in annual dues for Mardi Gras is the fact that the reserve analyst understated our reserves to repair all 120 roofs by $1 million dollars. Mardi Gras' roofs are over 30 years old and need the underlayment and drip edge replaced (Townhomes along Tunapuna Lane do not have drip edge installed). To do this, all roof tiles need to be removed, new underlayment and stainless-steel drip edge installed, and in some cases sections of the plywood replaced. Currently the roofs along Delaport, South Cays Court and the west side of Tunapuna were completed first as the salt spray has been particularly hard on those homes. The rest of the homes are scheduled within the next 4-6 years.

Painting has been another significant expense, particularly along Delaport, as with roofs, the salt spray was creating a problem with the paint and the stucco. The new paint is supposed to last for 10 years (2 years longer than previous paint) and seal the plaster more efficiently.

Seawall replacement was added to the budget for all villages this year. As we all know, Mardi Gras stabilized the southern seawall a couple of years ago. To date, the tieback anchors seem to have done what was initially proposed. There seems to be no additional movement at the current time with the southern portion of Mardi Gras’ walls. The primary reason seawalls were added to the budget is the fact that the composition of the concrete mixture, measuring, and durability of the slabs is unknown as well as some of the other villages are experiencing voids behind the seawalls where sand has found a way out, generally through joints between panels. The channels are experiencing sand erosion away from the walls which was a problem for Mardi Gras. The slabs are a certain depth and depend on sand to stabilize the wall. Core samples will be analyzed to determine the durability of the composition, and management will be better able to determine their actual remaining life. A recent survey completed for all the seawalls indicated that the CCHOA needs to start reserving for the total seawall replacement in future years. Although the board knows the current replacement cost estimates, nobody knows what new process will be available to repair or replace the seawalls in the coming years. At this point the Board agreed to start funding, over 30 years at 20%.

CAYS PARK:

The new City manager has taken this project on personally. They will be coming out with a new survey very soon and have committed to producing the three-design proposal for everyone’s review.

CONCLUSION

I hope that all off our Mardi Gras residents have a continuing safe and productive 2022. Mardi Gras continues to be a terrific village to live in and/or own a home. Be sure and take advantage of our Port Royale/Mardi Gras’s heated pool and hot tub and try our newly resurfaced tennis courts. If you have questions, concerns, comments, please let me know.