Pacific Blue News September 2021
Pacific Blue Website Coming Soon!
The Board is excited to announce the arrival of a new website for your use. We want to continue sharing what this beautiful country has to offer. Pacific Blue is a wonderful community surrounded by beautiful beaches, restaurants and hotels. Nature and wildlife is like no other. This area is a popular tourist destination. We have seen an increase in global tourism to Costa Rica despite the current global issues. We are here to support and share your dream life and look forward to your feedback through our new website. We hope you enjoy it.
Stay tuned for launch date.
Remember to pay your HOA fees by November 2021!
Did you know that...
“Under Condominium Property Law, condo unit owners have the unavoidable and shared responsibility of paying for the common expenses of the condominium, including administrative, conservation and operational costs. And the administrators have the legal obligation of collecting the maintenance fees from the unit owners.” stated in Tico Times national newspaper.
Source: https://ticotimes.net/realestate/condo-fees
HOA fees are annual charges payable by each owner, with or without title, to secure and maintain the Pacific Blue development. These fees are the only source of revenue that allows the HOA to establish an annual budget and pay the ongoing expenses to secure and maintain the development. The collected HOA fees pay for such items as security of the development, roadway maintenance and improvements, vegetation chopping along roadways, maintenance, repairs and testing of water wells, legal and accounting costs, and payment of ongoing water, power expenses for common area spaces.
HOA invoices are typically mailed out to owners in April with final payments in November. There are still a number of owners who have not paid their HOA fees for prior years, which is unfair to the owners who pay in a timely manner. The HOA understands many owners are facing economic or other hardships, and accordingly the HOA is open to alternative payment plans for those who require it.
The bylaws outline the process the Administrator and HOA can follow if necessary to apply late charges and potentially repossess any property in question. Taking such action would only be a situation of last resort, as this is the only way the HOA can recover any lost revenue. The HOA has engaged a lawyer to guide us through the process. A CPA will be assigned to verify and report on the amount owing, that in turn will be presented to the prosecutor’s office to begin the process.
NOTE: any property which has outstanding property taxes, corporate taxes, or HOA fees cannot be transferred or sold.
Please reach out to the Administrator for your payment plan options if you have not yet done so.
Thanks for your continued support.
Pacific Blue HOA Board of Directors