Special Assessment coming to Portola Hills HOAII Homeowners.

Thought those of you who live in Portola Hills II HOA section might be interested in some highlights from the HOA meeting on 8/10.

I decided to attend for two reasons: one a presentation from the city of Lake Forest was to address the communities traffic concerns with the upcoming Portola Center Development and two there was to be a discussion about the upcoming Special Assessment coming to homeowners for the hill sliding off of Highridge.

I have to say, 1st I was really shocked with the 2 topics at hand how light the attendance was. A total of 11 attendees was there and not all homeowners.  

The Lake Forest City spokesperson spoke about recent changes to Saddleback Ranch..... Did you see that little pork chop figure when you come up Saddleback Ranch and make a right onto Malabar, that is it but other than that there was no discussion about the concerns regarding Portola Center. In addition, he spoke about the the Alton completion with a tentative schedule of April 2012.   He also spoke about Rancho Parkway, being opened up and completed in Dec 2012 with the addition of the new Sports Park. 

Regarding new development, it was mentioned that the new development off of Bake from Shea Homes were aggressively proceeding and would be complete 2012/2013.  It was also mentioned how much traffic that would put at Bake and Portola and how the current traffic study has the intersection rated as an F.  Yes that is correct, F for Failure! When asked about the improvement the city expected he estimated up to E.  I have no knowledge of traffic engineering but from what I understand the standard should be a C.

Regarding the upcoming special assessment, it was a little pre-mature to attend this meeting because there were no answers.  The board is trying to figure out what would work best.  But if you look at the simple math and the last notice homeowners received....... up to 250k, needs to be absorbed by 690 homeowners.   I would not want to be in the boards shoes having to determine what is the best way to get those funds.

In regards to Portola Center, it is still in the works but the city mentioned it is not being pushed from the developers as hard as the Shea project.  Of course, the current economy is a critical factor.

Now with the above, I did think OK, do the Portola Hills Homeowners really care about these details with such low attendance?  You tell me is it important......

Note: these are an opinion information is not guarenteed or deemed reliable.


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