alimur MHP
HOA Mortgage calculations for Dues increase
for 2026, 2027, 2028
Our mortgage payment to Paul Goldstone is going up to $64,925.73 per month, that’s an increase of $9,634 per month. The total increase for EACH member (120 members) is $78.00 per month for the first year. The increase of dues in the last few years have been assessed to bring our operating budget into balance and for our bottom line to satisfy lending agencies for our refinancing in 2029. This increase is ONLY to pay the mortgage increase each month to Paul Goldstone.
The Board has given significant amounts of time working with calculations to find the best reasonable solution to how to pay this increase. The increase in dues will go into e ect on May 1, 2026.
The Board wanted to find a way to reduce the impact on each member by sharing the costs between the members and the HOA emergency fund. We divided the total increase over the three years. The specific calculations are available for review.
2026: This year is an absolute known calculation. The membership dues will be raised $54 beginning on May 1, 2026
The HOA emergency fund account will pay $78 for the first 3 months, Feb, March, April ($28,080) and the di erence of $24 ($78 - $54) for the remaining eight months of the year. Our first payment to Paul Goldstone is February 1.
The HOA emergency fund will pay $51,120 for the year and the increased dues will pay $51,840.
Members: $54 x 8 months x 120 members = $51,840
HOA Emergency Fund: $78 x first 3 months x 120 members = $28,080
$24 x 8 months x 120 members = $23,040
HOA TOTAL $51,120
2027 & 2028: These years are speculative because the interest rate is unknown.
HOWEVER, based on worst case scenario, assuming 1% interest increase and the amortization being decreased by one year (for both years) per the signed Promissory Note, and using the same calculations, the dues will increase $54 per month, per member and the HOA emergency fund will pay the di erence in the total for these two years.
Dues will increase another $54 per month, beginning Jan 1, 2027 and 2028, and the HOA emergency fund will pay the di erence in the increase to equal the required balance due per month.
Because we were never aware of the terms changing in our tenth year, we have begun negotiations with Paul Goldstone to possibly change the amortization schedule to help decrease the monthly payment. If we can come to an agreement, the monthly payment will decrease, and we will recalculate and notice all members of any change to the monthly dues.
THE SILVER LINING
Although Paul Goldstone is getting a substantial increase that was unknown to us, at the end of 2028 we will have paid down our principal loan significantly therefore making our refinancing that much easier AND we can assume with some confidence that our interest rate won’t be 7.3% or higher. Our new monthly payments will be lower and we fully intend to drop dues accordingly.
Please keep in mind that the board members are also HOA members and our dues are increasing as well, we are all equal in this. We don’t want to pay higher dues any more than anyone else here.
2026-2028PAYMENTSCHEDULES
2026: Increase to Goldstone $78 per month per member: Interest 6.3% 20 yr amortization
May – Dec MonthlybaseDues increase $54 $705+$54=$759
Feb – April HOA Emergency Fund pays $78 x 3 mo x 120 members = $28,080
May – Dec HOA E.F. pays $24 ($78 - $54 = $24) x 8 mo x 120 members = $23,040
Total paid from HOAEmergencyFund $51,120
2027: Assuming 1% interest rate and 19 yr amortization schedule
Actual projected increase per member $42 per month
$78 + $42 = $120 per mo increase to Goldstone
Jan – Dec Dues increase $54 ($108 total increase from 2026)
Monthlybasedues$759+$54=$813
$120 mo actual increase less $108 paid by dues = $12 di erence
Jan – Dec HOAEmergFund$12x12mox120members=$17,280
2028: Assuming 1% interest rate and 18 yr amortization schedule
Actual projected increase per member $42 per month
$120 mo + $42 = $162 mo
Jan – Dec Dues increase $54 ($108 + $54 = $162 mo total increase)
Monthlybasedues$813+$54=$867
Jan – Dec HOAEmergencyFundhasnopayments
TotalcosttoHOAEmergencyFund $51,120 2026 $17,280 2027 $0 2028
GrandTotal:$68,400
APHOA minutes
The approved APHOA minutes are available upon request in the Park Manager’s office. The financials for the park are there as well. When you see the APHOA Minutes in the Newsletter or on the Alimur FB community they are UNOFFICIAL and subject to revision. They are posted as a courtesy in order to keep everyone informed. The minutes from the previous month are always approved at the next meeting.
We welcome all residents to our monthly meetings. Beginning on May 1st, 2025 they will take place at the clubhouse on the first Tuesday of every month, at 5 PM.
Red Flag Notification Service Sign Up
The Red Flag notification service will advise of a planned outage in the park. It can send messages to your phone, send you an email or send a call to a land line. It will do any one of these or all three. Please sign up for this important service. There is information later in this newsletter with instructions, or you can stop by the office. Our park manager will help you sign up. It’s easy! NOTE! The Red Flag service CANNOT send notice of an unplanned outage. But it will send out a notice as soon as the situation has been assessed.
Volunteers Always Needed!
If you have the time to help, or an idea about what might be done, contact our Volunteer Coordinator, Rickie Crane. That’s me! All projects must be discussed with me before any work is done. It is not allowed for folks to do work on common areas without permission! The volunteer jobs are unpaid, like being on the Board. The park will pay for any necessary supplies required, after approval. Rebecca Cope is volunteering to translate the minutes to Spanish for us. Current distributors of the monthly Newsletter:
Rebecca and James
Lori
Laura
Many thanks to all of our volunteers!!
Anyone who is interested in volunteering please contact me. Text or call me at (831) 479-4921. Please identify yourself if you text. Name and Spc #.
Bulletin Board for Park Residents with a Business or Service
We have a listing of services available from folks who live in the park in this very newsletter. Handy folks, artists, computer services, what have you. So if you need some work done, why not hire your neighbor? The page with the listing is later in the newsletter.
Reminders to all the residents:
Don’t let your pet out without you and a leash.
Don’t let your pet use your neighbor’s yard as a bathroom. Please slow down. There are children and pets in the park.
Rickie Crane(831) 479-4921 rickiescrz@comcast.net
MINUTES
Board of Directors Meeting January 6, 2026 5:00 pm Clubhouse
Regular Meeting Opened: 5:02 p.m.
Dana Schlagheck, Treasurer
Roll call: Dana Schlagheck, Treasurer
Board Members Present:
Rickie Crane, VP / Dana Schlagheck, Treasurer / Mike Pisano, Sargent at Arms
Secretary interimduties: Tim Norton and Dana Schlagheck
Absent: Tim Norton, President
Eric Kaufman has resigned from the Board of Directors
Approve Minutes: December 2, 205 Regular Meeting
Motion: Rickie Crane
Second: Mike Pisano
Ayes/Noes: 3/0 Passed
Resident Comments: None
New Business: None
Old Business:
1. Park line painting: Item is tabled until Spring 2026
Mike stated that he has researched and has found eight more companies that he will follow up with when we’re ready to begin.
2. Gate at Soquel Gardens: there is no new information. We are waiting for a reply from the attorneys.
3. Proposed storage buildings behind the pool:
A resident said she had responded with interest. Rickie stated she didn’t receive any other responses. Resident was asked to inquire with our manager about availability of any current storage areas. The board will continue to investigate this as a futurepossibility.
4. Money market fund: We are currently working with the California Tax Board to update our status. Dana phoned the StateFTB yesterday and was told the Form 199 are recorded but they don’t show receiving the Form 3500. The representative saidit can take 4-6weeks to be entered into the system and that wewill receive a postcard letting us know when they are being processed, which can take 4-6 months.
5. Loan interest increase for 2026:
There werequestions about what and how this affects members and renters. Dana stated thatthis only affects the members, nothing is changing for renters. She informedthe audience that next Tuesday there is an all-membership meeting and assuredallthat all questions willbe answered. It is very important to the Boardthat all members understand exactly what is happening and encourages members present to spread the word to come tothe meeting next week.
6. DFPI application: DavidLoop has confirmed our permit tosell shares hasbeen issued for 2026.
7. Elections: The nomination packages weresent out and only two nominees were returned, Dana Schlagheck and Mike Pisano. Given that there are 3 seats open for election and only two nominees, a formal election is not required. Dana and Mike will continue serving on theBoard for two more years.
One resident asked if the nomination was closedand said she has interest in serving on the Board. Dana asked her tospeak with Tim, that althoughnominations for election are closed, the President can appoint a newBoard member when there is avacant seat.
Meeting Adjourned: 5:25 p.m.
Dana Schlagheck, Interim Secretary
ASOCIACIÓN DE PROPIETARIOS DE ALIMUR PARK
ACTA
Reunión de la Junta Directiva
6 de enero de 2026, 17:00 h, Casa Club
Reunión ordinaria iniciada: 17:02 h
Dana Schlagheck, Tesorera
Lista de asistencia: Dana Schlagheck, Tesorera
Miembros de la Junta presentes:
Rickie Crane, Vicepresidenta / Dana Schlagheck, Tesorera / Mike Pisano, Sargento de Armas
Funciones de Secretaria interina: Tim Norton y Dana Schlagheck
Ausente: Tim Norton, Presidente
Eric Kaufman ha renunciado a la Junta Directiva
Aprobación del acta: Reunión ordinaria del 2 de diciembre de 2025
Propuesta: Rickie Crane
Secundada por: Mike Pisano
Votos a favor/en contra: 3/0 Aprobada
Comentarios de los residentes: Ninguno
Asuntos nuevos: Ninguno
Asuntospendientes:
1. Pintura de las líneas del parque: Este punto se pospone hasta la primavera de 2026.
Mike indicó que ha investigado y ha encontrado ocho empresas más con las que se pondrá en contacto cuando estemos listos para comenzar.
2. Puerta en Soquel Gardens: No hay información nueva. Estamos esperando una respuesta de los abogados.
3. Propuesta de edificios de almacenamiento detrás de la piscina:
Una residente dijo que había respondido mostrando interés. Rickie indicó que no había recibido ninguna otra respuesta. Se le pidió a la residente que consultara con nuestra administradora sobre la disponibilidad de áreas de almacenamiento actuales. La junta continuará investigando esta posibilidad para el futuro.
4. Fondo de inversión monetaria: Actualmente estamos trabajando con la Junta Tributaria de California para actualizar nuestro estado.
Dana llamó ayer a la FTB estatal y le informaron que el Formulario 199 está registrado, pero que no consta la recepción del Formulario 3500. La representante dijo que puede tardar de 4 a 6 semanas en ingresarse en el sistema y que recibiremos una postal informándonos cuando se estén procesando, lo que puede tardar de 4 a 6 meses.5
5. Aumento de la tasa de interés del préstamo para 2026:
Hubo preguntas sobre cómo afecta esto a los miembros y a los inquilinos. Dana declaró que esto solo afecta a los miembros, nada cambia para los inquilinos. Informó a los presentes que el próximo martes hay una reunión de todos los miembros y aseguró que se responderán todas las preguntas. Para la Junta Directiva es muy importante que todos los miembros comprendan exactamente lo que está sucediendo y anima a los miembros presentes a que corran la voz para que asistan a la reunión de la próxima semana.
6. Solicitud de DFPI: David Loop ha confirmado que se nos ha otorgado el permiso para vender acciones hasta 2026.
7. Elecciones: Se enviaron los paquetes de nominación y solo se recibieron dos candidaturas: Dana Schlagheck y Mike Pisano. Dado que hay 3 puestos vacantes en la Junta Directiva y solo dos candidatos, no es necesaria una elección formal. Dana y Mike continuarán formando parte de la Junta Directiva durante dos años más.
Una residente preguntó si el plazo para las nominaciones había finalizado y expresó su interés en formar parte de la Junta Directiva. Dana le pidió que hablara con Tim, ya que, aunque el plazo para las nominaciones a las elecciones ha finalizado, el presidente puede nombrar a un nuevo miembro de la Junta Directiva cuando haya un puesto vacante.
BULLETIN BOARD
SERVICES AVAILABLE FROM OUR NEIGHBORS
Norton Enterprises - Timothy Norton Computer Support, New computers, Upgrades and Repairs – Home Internet, Networking, Email, Computer Repair, General Trouble Shooting and Advice. “It’s not a problem, it’s a feature!” 831-295-4102 / alexander2k@gmail.com / space 103
New Moon Landscaping - Nancy Ramie Garden Design and installation, Plant small trees, Condition soil/identify diseases, Prune plants and trees, Walkways and small patios, Indoor water gardens and hanging plants.
Window Cleaning
Let me get your windows sparking clean for the holidays. I use a steam cleaner. No streaks or smudges.
Gutters
Get ready for the next stormy season by letting me clean your gutters and flush your downspouts.
House Cleaning
House Cleaning Services. I can do your dirty work, either once or on a regular basis. I also do errands and dog walking. Call me for a free estimate. Looking forward to hearing from you. nancyramie@gmail.com / 831-266-9587.
Realtor-Lynette Del Ponte Montalvo Realty Cell 831.201.8024
lynette@montalvorealty.com www.lynettefinehomes.com DRE# 02169115
Realtor-Risha Eryavec Main Street Realtors Cell: 831.241.2352 Office: 831.462.4000
risha@maintreetrealtors.com DRE# 02247398
LET ME LIST YOUR BUSINESS or Misc. INFO HERE. You must live in Alimur Park! Contact me, Rickie Crane, rickiescrz@comcast.net (831) 479-4921 Spc. 101A
