Be sure to RSVP for the Annual Meeting on November 4th. See Who's Coming.
Office Hours Open For Discussion of 2024 Budget
The strong peso and OOMSAPAS water rate increases have blown a hole in our 2023 budget. See “Stronger Peso busts budgets expressed in USD.” It also has major implications for 2024. If we simply buy the same goods and services…
Professional Reserves Study Urges Increases
As reported earlier (see “Reserves Study” To Assess Adequacy of Our Reserves) we engaged SCT Reserves to assess our Reserves. SCT Reserves is a professional services firm that provides Reserves Studies to California condominiums, and they conducted studies of Las…
Increased water bills and strong Peso seriously impact budgets
Last week, your HOA received two financial reports, both of them showing serious fiscal “challenges.” Let’s look at the reports, causes, implications and alternatives for action going forward.
What the Reports Say:
(All numbers are USD unless otherwise indicated.)…
What is likely to happen to the Peso exchange rate?
It’s no secret that collecting revenues in one currency (say, US dollars or USD) and having most of your expenses in another currency (say, Mexican Pesos or MXN) exposes the budget to “currency exchange rate risk.” So long as the…
Tortuga Bay Announces Phase Two
The coastline changes again with a Tortuga Bay announcement. Our neighboring residential resort, Tortuga Bay, on the beach of San Jose del Cabo, has just announced its plan to develop a second phase of the resort to include more two-…
Another Sex Party On The Beach?
Overheard at the Phase II Pool, one middle-aged woman to another: “Oh, it’s just another sex party on the beach.” What? What did she say? I needed to learn more. For sure. It turns out that this is what she…
New Garages Start Construction
It’s been a bit of a slog (don’t ask!) but we finally got all the permits in hand, all the contracts vetted and signed, all the supplies delivered, all the money banked and even got the initial construction started. Now,…
Returning To Cabo (from Guadalajara)
I got this picture as we were descending over the Gulf of California, returning to San Jose. Great view of the BCS peninsula! Video
New: San Jose Beachfront Condos Group
The Presidents of the HOA Boards from Mykonos, El Zalate, Las Mañanitas, Viva, Las Olas, La Jolla and La Costa were invited to an “organizational meeting” of HOA leaders from condos along the beachfront in San Jose. Four of the…
LM Opts For Elastomeric Waterproofing on our Flat Roofs
Your Board and the Community Manager are addressing maintenance issues aggressively — not deferring maintenance and investing in quality materials. This sort of preventative maintenance costs more now, but saves a lot of money over time. See picrtures.
Should We Refine Pickleball Lines?
OK, the new tennis court surface has gone in. The lines for the two pickleball courts are in yellow and the tennis lines are white. See the picture below.
This layout creates a slight ambiguity for tennis players receiving serve because the side court lines on the pickleball court are slightly inside the service area of the tennis court — see the highlighting and […]
Luxury condos being built nearby
Editor’s Note: This “guest post” shares info of general interest — a new upscale development in the neighborhood.
Las Mañanitas’ newest neighbor, ALBALUZ has broken ground on the beachfront parcel directly behind the town’s favorite Cynthia’s Fresh Organic Restaurant. It’s expected to …