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As I write this, we are still in the midst of these meetings
that will extend over two weeks and probably involve a record number of
residents attending in person, as well as those who could not be here represented
by proxy. The condominium structure here
is governed by Mexican law and, while similar to Condominiums or Homeowner's
Associations in Canada and the US, there are some peculiarities and differences
as well.
The community of over 600 homes is managed by a master regime board that is made up of representatives from 12 sub-regimes, 8 in the Founder's Neighborhood and 4 in Agua Viva. The master regime board is responsible for the management decisions affecting the whole development and their decisions are carried out by Associa, the administrator company that we pay to conduct the day to day business operations and manage the various contractors that provide us with services like security, trash collection and landscape maintenance.
On the sub-regime level there are committees of Homeowners
that focus on their own part of the community and deal with issues affecting
the smaller neighborhoods where their homes are located. The HOA fees (that typically range between
$200 and $300 US per month for an average home) are divided, with part of the
money going to the master regime budget to cover community wide operating
expenses, and the balance making up each of the sub-regime's budgets that pay
for the expenses associated with their neighborhood.
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In 2009 following the collapse of the original Developer, there
was an almost immediate shift to a wholly autonomous Home Owners Association, which
required a much higher level of involvement from the Owners to guide and
administer a rapidly growing community.
In those early days of self-management a core group of Homeowners
stepped up and took over the responsibility for how the rules and regulations
we inherited from the Developer would be applied (and in some cases changed) in
the "real world", and shape the community that was still evolving.
We are particularly fortunate to have had a strong pool of
volunteers with significant qualifications and expertise, willing to step up
and commit to serving this community on a volunteer basis and help to get our Homeowners
Association up and running, during those formative early years. Although there has been some turnover of
volunteers at the master and sub-regime levels over the years, there appears to
be an greater than normal number of new people getting involved for the first
time this year, as more of the original
core group "retire" from these condominium responsibilities.
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But it is also a time to appreciate the tremendous progress
we have made as a community over the past ten years since the first sales event
here - and more particularly over the past five years that we have been
self-administered. And it has been during that time, since most of the home
construction was finished, that the greatest progress has been made towards infrastructure
completion and the beautification of Loreto Bay. Along with that progress, comes the community
pride that we all share for this place we live, and I believe that this sense of
pride is immediately apparent to the guests and visitors who come here for the
first time.
Although it is true in condominium organizations everywhere
that a majority of owners benefit from the time and efforts of the few who take
on the duties of the board and run things.
That contribution becomes even more critical when the properties
concerned are vacation and retirement homes located thousands of kilometers
away. But as more and more Owners visit
more frequently and/or spend longer times here, and a new cadre of those Owners
step up to the responsibilities that come with condominium ownership, we see
the example of a young community like this getting stronger as it grows.
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When a small group of original Homeowners gives guidance in
the early days to the management of the community and help us to take control
of the sometimes challenging situations we found ourselves in. And then, when the
time comes for a "change of the guards", more Owners step up to
replace those who have already contributed their time and efforts - then we have
yet another important example of "Living Loreto".