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I hope all of you are enjoying our repaved and seal coated roads. Thanks to your dues, our roads are in much better condition than they were a year ago!
Several years ago, the Board focused more acutely on road condition and noted that our roads were going to need repaving in the near future. To get an accurate estimate of future costs for all major projects, the Board engaged Association Reserve to prepare a Reserve Study, which was completed in 2015 for the year beginning 2016.
In response to the Reserve Study findings, dues were increased in 2016 so that the HOA would develop sufficient reserve funds to pay for replacing our aging roads. 2017 sees the first major use of those funds for paving.
The 2016 Reserve Study envisioned extensive patching and postponing any major road work for several years. The Board decided in 2016 to hire pavement consulting engineers to evaluate our roads in more detail, and the resulting Roadway Maintenance report revealed that the roads needed attention sooner than the Reserve Study had anticipated. The first step of that “sooner attention” was patching of potholes on Paseo Otoño in January 2017, followed by repaving of Paseo Otoño, Strada de Acero, and the northern portion of Via Sempreverde in late Summer. In addition, failing curb sections were replaced, various sections of asphalt were patched for safety or comfort, and all other roads were seal coated.
The Reserve Study estimate for this work was $208,100; we spent $233,797. We were over budget for several reasons: 1) We used a consultant to help prepare bids; 2) we used consultants to help manage the construction and for quality control; and 3) we repaired many feet of curbs that we had not budgeted for. Without those additional expenses, we would have been comfortably within our budget.
For 2018, we plan to repave Via Velazquez from the intersection with Paseo Otoño to the intersection with Via Gelsomino with a budget of $144,550, which we hope not to exceed. We would like to have the paving work done in May, but cannot be certain until a contractor is selected and contracts are signed.
2017 Paving Photos
We invite you to view the photos of the project, from the beginning with patches to the end with seal coating of the older roads.
