Playa Del Rey Current Working Projects:
June Update from Desert Landscaping Professionals
June Update from Lake Maintenance Service
The Board will be discuss forming a working group at the April Meeting to examine this issue and bring recommendations forward. Draft Security Camera Bids Specs for adding additional cameras throughout the Community.
STOP the SPEEDING! Speed humps are being installed to slow drivers in the neighborhood due to several dangerous incidents involving speeders and children.
Reserve Study Update:
The Board has commissioned a new reserve study to be completed. The new Reserve Study will be built to mirror the asset sections as broken out on the Community’s financial reports.
To ensure the protection of capital in the reserves for overruns and other community projects; the board is considering obtaining a loan and has confirmed with outside counsel that the board has the authority to secure a loan. The following is from outside counsel:
“Article V, Section 2d of the Articles specifically allows the Association to borrow money and pledge assets as collateral. Article VII, Section 1(c) of the Bylaws gives the Board the power to do all things not reserved to the Membership. The decision to borrow money is NOT reserved to the Membership in the documents making the decision a Board decision. “
Again, this is an option the Board is weighing to fund the project.
Floating Fountain Maintenance:
Time for the decalcifying of the fountain. Here is the proposal:
Deco Lake “Muck” Treatment:
Report from Lake Maintenance Vendor:
Golf Course Pump Replacement:
The replacement pump is still approximately three(3) weeks out and will be installed when received.
Perimeter Wall Repairs:
The Board will be discuss forming a working group at the April Meeting to examine this issue and bring recommendations forward. The Board has requested another Opinion from a different attorney to review the responsibility of the perimeter walls especially along Juniper and McQueen.