LETTER FROM OUR DIRECTOR
Here’s our second newsletter!
I’m delighted to report that the Coronado Cays Board of Directors and the various committees have never been busier than this year with so many changes and projects underway that will improve the appearance of the Cays and enhance the lifestyle of Cays residents. Their results are below.
However, the most important subject I have for our community is the immediate need for an increase in our dues.
It is my unhappy fiduciary responsibility as your Village Director to recommend an increase in our village dues of 18.7% (average of $35.59 per home) this year and another 12% (average of $27.64 per home) next year in order to catch up to where we should be without cutting items from our budget which would affect the quality of our village and our real estate values. Increases in dues would become effective for the fiscal year beginning July 1, 2023.
Here’s why:
Rising expenses in general: I have audited and examined the records for Bahama Village homeowners’ dues since 2009 and there have only been 2 increases in the past ten years. As we are aware when we go shopping to buy groceries (the golden eggs), or purchase gas, a home, appliances, etc., or have work done on your home, inflation has continually raised costs, and has been especially brutal in the last two years.
Costs of Painting: This past fall we continued with the painting cycle for the stand-alone homes and waterfront townhomes using the palette that was established by the Bahama Village paint committee some years ago. Our budget for painting was $55,000 per cycle. Because of the dramatic increase in the cost of paint which more than doubled as well as the dramatic increases in wages, the final cost for painting last year was just over $150,000 for 28 homes, which is way over our budget. We are currently reviewing the painting contract to see if there is any way we can reduce the cost.
Pool Heating Costs: The cost of heating the Bahama pool has increased dramatically, especially the past few months as the cost of natural gas has doubled from last year; February’s natural gas bill, not including electricity, was almost $6,000.00 As you may know, we share the cost of maintaining the pool and the clubhouse with Antigua Village 50/50, thank goodness. I made the decision along with the Director of Antigua Village, Dennis Thompson to temporarily turn off the pool heater for two months until mid- May when the warmer weather will help to keep the heating costs down. Other than a few weeks or a month to replace heaters, filters, etc., the pool has never been closed, except during the two years of Covid when we could use another village pool. This was a difficult decision, as even my grandchildren used the pool during a warm spell in December, but something needs to be done to get these expenses under control. We are currently examining several alternatives, such as pool covers, solar panels for water heating, or closing the pool during the cooler months.
Remember, you can contact me at any time using this email: dirbahama@cchoa.org. Phone me for immediate response at: 619-519-0536.
And thanks again to everyone for your continued support. I look forward to seeing you at our Town Hall on April 1st.
Gary Davidson, 38 Bahama Bend, Coronado, CA 92118
Bahama Village Town Hall - April 1, 2023
There will be lots to talk about at next village Town Hall meeting will be Saturday, April 1 at 10 am in the Bahama Village Clubhouse. Coffee will be provided (regular & decaf). You are welcome to brings anything you would like to share like coffee cake, muffins, doughnuts, etc.
Items for discussion:
- Channel Markers- #’s 3, 5, 7 and 17 have been replaced.
- Formation of Social Committee: Discussion of setting up a social committee to plan and arrange for village social gatherings on a regular basis to help bring the community together for greater camaraderie and fun times.
- Committee Reports: April Heinz- Bahama Village Architectural Committee and Dianne Fishel: Landscape Committee.
- Bahama Villages dues increase.
Bahama Village Landscape Committee
Many will have noticed the damage to our new trees from the recent storms. The trees are under warranty and will be replaced at no cost.
Bahama Village Architectural Committee
The Bahama Village Architectural Committee under the chairmanship of April Heinz, whose members include Jessica Kelly, Ruth Klamper, Ed Robitaille and Teri Bertorelli had several meetings reviewing the results from our village survey that was done this past fall to determine if there is a desire to allow more architectural changes to the homes to help bring our village more up to date in appearance (the results will be discussed at our Village Town Hall meeting on Saturday, April 1.) In addition to reviewing the survey results, they have been busy reviewing requests by residents wanting to make changes and improvements to their homes, which is done before sending the requests to the AECC (Architectural, Environmental Control Committee), then finally to the Cays Board of Directors for approval
Cays Park
The Cays Park is once again in the planning phase as we work with the City of Coronado and the architects, the Smidt Group that were selected to design the improvements and changes to our beloved Cays Park. Various interest groups such as the Cays HOA, dog owners, recreation clubs, etc. are meeting with the city and architects so that all interest groups will have an opportunity for input in the final design. As we go through the design process in the coming months, you will receive updates from the city and our HOA.
Cays Front Entrance
The front entrance to the Cays is undergoing major changes, particularly to the wall behind the kiosk as evidenced by the fact that the old trellis has been removed and soon the pillars will be removed to make way for a new sidewalk, plantings, trees, benches and lighting which will greatly improve and update the entrance to our beautiful community.
Proposed Development of Grand Caribe Isle
Last month many Coronado Cays residents attended the hearing at the Port District concerning the Cottages at the Cays that are planned by a developer for the Grand Caribe Isle. Unfortunately, we were not able to persuade the majority of the board to keep the land for a natural habit with some amenities for the public. However, there are still several hurdles the developer must meet regarding environmental regulations and concerns which could take another two years or more.
Hope to see you at the Town Hall
10 AM, Saturday, 1 April, 2023