September 19, 2022
The September 19, 2022 Bridges at Rancho Santa Fe Homeowners Association Regular Session Meeting was called to order by Board President, Dave Harris, at 5:06 PM located at The Bridges Club, 18550 Seven Bridges Road, Rancho Santa Fe, CA 92067.
Homeowners were afforded the opportunity to address the Board regarding Association related items:
Ken Ayers with KJA Consulting provided the Board of Directors with reports and provided status updates on the various pending and current happenings throughout the Bridges community.
Management provided the Board with the minutes from the April 28, 2022 Regular Session.
Upon a motion duly made, seconded, and carried unanimously, the April 28, 2022 Regular Session minutes were approved as submitted.
In accordance with California Civil Code Section §5500 (a-e,) the Board of Directors reviewed the financial statements for the months ending April through June 2022. Based on this review, the Association is in compliance with Civil Code requirements.
A motion was made, seconded, and carried unanimously; the Board of Directors accepted the April through June 2022 financial statements pending third party audit.
AB2912 Resolution – The Board reviewed July through December 2022 resolutions which would allow Management to make payments of bills in excess of $10,000 between meetings.
Upon a motion duly made, seconded, and carried, the Board approved the July through December 2022 resolutions as presented.
Management presented the Board with the 2023 Reserve Study prepared by Reserve Analyst, Matthew Swain.
Upon a motion duly made, seconded, and carried, the Board approved the 2023 Reserve Study as presented.
The Board reviewed the 2023 budgets for the association. Based on current contracts, spending trends, rate increase and upcoming change of the gate staff, the Board agreed to increase the assessment dues 19%.
Upon a motion made, seconded, and unanimously carried, the Board approved the 19% assessment increase bringing the monthly total to $625.00.
The Board reviewed correspondence related to transitioning responsibilities of the gate and patrol staff from the Golf Course’s jurisdiction to the HOA.
The Board agreed to have a professional come in and advise the Board of what they should do regarding the responsibilities of the gate staff procedures and for patrol/community monitoring. Once options and cost are in place, send to membership and let the homeowners provide their feedback.
Management advised the Board they contracted with the same company who provided the hayride event to the families within the community.
The Board agreed to hold the Halloween hayride event again this year.
The next Board of Directors meeting is tentatively scheduled for December 2022.
There being no further business to come before the Board of Directors, the Regular Session was adjourned at 6:50 PM.
Respectfully submitted,
Cheryl Burger, Recording Secretary, Walters Management