The SAMLARC Board of Directors held their monthly meeting on the evening of November 17, 2020. Due to recent declarations from the State of California and recommendations from the Centers for Disease Control, the physical assembly of the Board of Directors meetings was not feasible to accomplish while maintaining proper social distancing measures. In order to protect public health while continuing to support SAMLARC operations, the Board of Directors held a virtual Open Session Board of Directors meeting on Tuesday, November 17, 2020. Please click the button below to read highlights of the Board Meeting.

The proposed changes to the Policies & Guidelines and Architectural Standards are available on the SAMLARC Resident Portal, which can be accessed at SAMLARC.org/homeowners for Membership review and comment. The Board will consider Member comments and final revisions before formal adoption of the documents at the January 26, 2021 Board of Directors Meeting. Should you wish to comment on the proposed changes to the Policies & Guidelines and Architectural Standards, please submit your comments in writing to tita.gervasi@fsresidential.com or by mail to:

SAMLARC Board of Directors | Attention: Tita Gervasi

SAMLARC Business Office | 22342A Avenida Empresa, Suite 102A

Rancho Santa Margarita, CA 92688

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Member comments must be received in writing no later than 5:00 p.m. on Monday, January 18, 2021. Comments will also be accepted at the January 26, 2021 Board of Directors Open Session Meeting. Please click HERE to access the Resident Portal and review the proposed changes to the Policies & Guidelines and Architectural Standards.

Each year the Association’s volunteer Board of Directors performs a very careful review of the past year’s expenses and income to best project the amount to collect from each member in the upcoming fiscal year. When reviewing the budget, the Board considers several factors such as recurring contract costs, inflation, utility usage and rates, insurance, and appropriate reserve contributions (savings) each month to pay for repair, restoration and/or replacement of common area components as needed.

State law and the Association’s governing documents require the Board of Directors to distribute the following documents to each member:

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• 2021 Pro Forma Budget Summary

• Assessment and Reserve Funding Disclosure Summary

• Executive Summary – 2021 Reserve Study

• Delinquency Policy and Disclosures as follows

  • Delinquent Assessment Collection Policy

  • Notice of Assessments and Foreclosure

  • Assessments and Foreclosure

  • Payment

  • Meetings and Payment Plans

  • Assignment of Rents

  • Alternative Dispute Resolution (ADR) procedure

  • Internal Dispute Resolution (IDR) procedure

• Insurance Notification

• Annual Policy Statement

• Architectural Review Process and Submittal Requirements

• Discipline Policy with Relation to Enforcement Process

The Annual Budget packet is now available for Member view on the Resident Portal, which can be accessed through SAMLARC.org/homeowners. In lieu of distribution of the full 2021 Pro Forma Operating Budget, the 2021 Pro Forma Operating Budget Summary is provided. A copy of the full 2021 Pro Forma Operating Budget is available upon request.

Please contact Tita Gervasi, SAMLARC Executive Assistant, at Tita.Gervasi@FSResidential.com if you would like a copy of the complete Pro Forma Operating Budget provided to you at the Association’s expense.

With the holiday season fast approaching, the SAMLARC Board of Directors encourages Members to do their part in slowing the spread of COVID-19. Friends and families will experience a unique holiday season in 2020 – one that balances family connection and public safety. As SAMLARC continues to monitor and respond appropriately to federal, state, and local government requirements regarding COVID-19, operations and traditions must shift to comply, while bringing holiday cheer to the community. Please click the button below to learn more about pedestrian traffic at the Lake and SAMLARC's special Holiday Stroll 'Round the Lake!

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Photo courtesy of SAMLARC Member Diane K.

The winter holiday season is a time to connect with loved ones, make new memories, and bring cheer to the community! The SAMLARC Board of Directors is excited to present a full slate of activities for Members and their families to enjoy this holiday season, encompassing both virtual and socially-distanced programs. Thanks to the Community Lifestyle Committee and the SAMLARC Board of Directors, Members can celebrate the holiday season with loved ones in a safe and merry manner!

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Click the button to learn more about these fun events:

Virtual Tree Lighting & Family PJ Party 

North Pole Hotline

Holiday Stroll 'Round the Lake

Holiday Home Decorating Competition

As a Master Homeowners Association, SAMLARC is classified as a not for profit corporation, governed by Governing Documents (Articles of Incorporation, CC&Rs, bylaws, and rules adopted by the Board of Directors). These documents create legal duties and obligations for the Association to preserve the value, desirability, and attractiveness of the property that SAMLARC owns and holds a responsibility to maintain. To meet these duties and obligations, the Board adopts an annual budget with expenses that are determined in large measure as non-discretionary costs. The budget also takes into consideration the measures of Civil Code Section 5600 (a), which states that the Board must levy regular and special assessments sufficient to perform its obligations under the governing documents.

Annually, each Committee under the direction of the Board provides input and guidance into the preparation of the upcoming year’s budget. A Budget Workshop is held annually, open to the Membership, for the Board of Directors to consider, discuss and approve the upcoming fiscal year budget effective January 1. The Board held the 2021 Budget Workshop on October 6, 2020 and following much deliberation the Board approved the 2021 fiscal year budget for SAMLARC.

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Please click the button below to learn more about the 2021 SAMLARC Budget.