Regular Session

Board Meeting — April 28, 2022

The Bridges at Rancho Santa Fe Homeowners Association Regular Session Meeting was called to order remotely via conference call at 5:03 PM by Board President Dave Harris.

Board Appointment

Management noted that with Samuel Blick no longer living in the community, the Board is allowed to appoint a person to fill his position to carry out the remainder of his term.

A motion was made, seconded, and carried unanimously. The Board of Directors appointed Joe Matranga as the new Vice President.

Attendance

Present

  • David Harris, Board President
  • Joe Matranga, Board Vice President
  • Charles Butler, Treasurer
  • Rebecca Lewis, Secretary

Absent

  • None

Others Present

  • Julie Bigelow, Regional Vice President, Walters Management
  • Cheryl Burger, Recording Secretary, Walters Management
  • Ken Ayers, KJA Consulting
  • Vince Rivas, Conservation Habitat Manager

Open Forum

Homeowners were afforded the opportunity to address the Board regarding Association-related items. No homeowner comments at this time.

Habitat Presentation

Vince Rivas with Conservation Habitat was present to briefly speak about the Santa Fe Creek Reserve located on the north side of the property. He spoke about what this organization does and provided visuals. Vince stated he will send maps and additional information to Management so it can be distributed to the full membership.

Consultant Update

Ken Ayers with KJA Consulting provided the Board with reports and status updates on various pending and current matters throughout The Bridges community. Items discussed included the back gate installation, cameras at the front gate, skunk and snake removal, street slurry, painting within the community, new signage, fire clearance, storm water, and remodels.

A motion was made, seconded, and carried unanimously: the Board of Directors approved the new camera installations at the front gate with a cost not to exceed $18,000.

Minutes

Management provided the Board with the minutes from the September 27, 2021 Regular Session.

Upon a motion duly made, seconded, and carried unanimously, the September 27, 2021 Regular Session minutes were approved as submitted.

Treasurer's Report

In accordance with California Civil Code Section §5500(a–e), the Board of Directors reviewed the financial statements for the months ending January through March 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 January through March 2022 financial statements pending third-party audit.

AB2912 Resolution. The Board reviewed January through June 2022 resolutions which 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 January through June 2022 resolutions as presented.
Upon a motion duly made, seconded, and carried, the Board approved the July through December 2022 resolutions as presented.

Investment Recommendations

The Board was provided an investment recommendation from the investment advisor. During discussion, Ken Ayers noted that funds should stay liquid until the gate projects and street slurry are completed in Fall. Therefore, investments will be tabled until those projects are completed.

New Business

Draft 2021 Fiscal Year Audit

The Board was presented with the annual financial review for fiscal year ending 12/31/21, prepared by Newman and Associates, CPA.

Upon a motion made, seconded, and unanimously carried, the Board of Directors approved the 2021 Fiscal Year audit as presented.

Social Event

The Board discussed a community social event to take place this summer. Board member Charles Butler provided information on location, drinks, and food options. Charles stated he would circle back once he has all details and costs. It was noted that flyers should be printed for this event and left at the front gate for guards to distribute.

Generator

Ken Ayers discussed the need to have a generator at the main guard house in the event of a power outage, which seems to happen often. He estimated the generator at about $1,500. The Board agreed to table this item until Ken can circle back with the final cost.

Next Meeting

The next Board of Directors meeting is tentatively scheduled for August 22, 2022.

Adjournment

There being no further business to come before the Board of Directors, the Regular Session was adjourned at 6:09 PM.

Respectfully submitted
Cheryl Burger, Recording Secretary, Walters Management

Approved · September 27, 2022 · Rebecca Lewis, Board Member

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