Restaurant - Rancho Santa Fe Post

The Rancho Santa Fe Association Board of Directors is gearing up to vote on a funding…

The Resonation of Revolutions Past

01/28/2025

What an epic evolution an election can make. Covid brutally burned into our collective traumatized psyche…

Does the RFSA Need the DOGE Treatment?

Nine-point-four million dollars for a restaurant remodel that we were told would be $2-3 million when they began talking about it? Seems like our Board is acting like typical politicians and has gotten really good at spending our money lavishly. Perhaps we can get Elon to send in his DOGE team and cut the estimated $1.3M in furniture in half? Get rid of some unnecessary frills, like $78k for Branding & Signage? We should be allowed to vote on this huge expenditure, as the HOA will be encumbered by this for years (note in the bank agreement it says “no future debt over $100k without bank consent”, so we are handcuffed). Note the assumption of 6% annual increase in assessments for the next decade. What if we have another market downturn and assessments stay flat? Then how will they cover this? Very troubling but they will likely vote for it knowing when the bills come due the current board will be long gone and no one will be held accountable, just like the PPP loan debacle. – Agent 86

Category: Restaurant

BOD to Fund $9.4 Million Restaurant Despite Massive Annual Losses

The Resonation of Revolutions Past