Our season is in full swing, and we wanted to give a short update, news of HOA dues, and our Annual Meeting information.
Our annual meeting will be on Saturday, February 1, 2025 at 11AM Loreto Time, which is 10AM PST. We will meet at the pool area and we will also send a Google Meet meeting invite out prior to this date for those who wish to join via video conferencing. Importantly at this time we will review the finances from 2024 and goals for 2025. We also ask again that if you are interested in serving on the board, please let us know!
HOA Dues: For 2025 we will increase dues by 8%. As you will recall, the last increase was 2 years ago after many years of no increase. We are managing some deferred maintenance projects a little at a time (sidewalks, for example), but are still in need of adding to our reserves. There is no need for an exchange rate adjustment as most of our dollar to peso exchanges happened at the end of this year when the exchange rate has been healthy. Final numbers and details will be reviewed after year end, but we wanted to send the DUES listing out now for your planning. The chart of dues was emailed to owners, and payment method instructions are on this website. Please feel free to reply with any questions.
Your Board,
Kristin and Gordon
Reminder: By Mexican law smoking in any public or private common areas is prohibited. This includes our pool area! Thank you for your cooperation.