Monday, August 22, 2011

Coto’s Property Values Go Up Because I Say So Fallacy

Taking a page from the Obama Administration's Playbook, the CZ Master Association is creating jobs, with your money

Posted By CotoBlogzz

Coto de Caza, CA – the CZ Master Association is lobbying the county of Orange to re-zone the Hunt Club property, otherwise known as the Khlada development, using flawed reasoning:   It argues that rezoning increases property values, creates jobs and promote the Coto LifeStyle™

The association used a similar argument to spend frivolously in the Dog Park and to support the construction of the Polo Arena.  Here are the facts:  The association continues to subsidize non-dues paying residents and or service providers at the tune of over $3 million per year, continues to promote increased traffic and consequently increase liability and the potential for traffic accidents, not to mention that the Coto LifeStyle™ originally described as rural and bucolic is now suburban Arizona Look.

A board in a common interest development (CID) by law is NOT in the business of creating jobs with other people’s money.  Further, a notion of the Wealth of Homeowners Associations is analogous to the World’s Bank the Wealth of Nations In its study Where is the Wealth of Nations? researchers added current values of natural resources and produced capital totaling only 20% for rich countries.  A whopping 80% of the wealth of nations was “intangible” – we refer to this intangible as social capital.  The social capital encompasses trust among people in a society, efficient judicial system, clear property rights and effective government In fact, the World Bank finds “Human capital and the value of institutions (as measured by rule of law), constitute the largest share of wealth in virtually all countries”.  

In this case, if anything, the board continues to decrease the value of the association by failing to promote public safety, increasing subsidies and otherwise destroying the community’s bucolic lifestyle.  Do you know what Coto de Caza Means?  Do you know what getting rid of the Hunt Club implies? – the end of an era.  An otherwise golden era for the community.

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The Wealth of Associations (HOA) - Separation of Chumps and StateFirst, the CZ Master Association, by law, has one mandate:  Repair, Replace and Maintain (RR&M) common areas.  That is, there is a clear separation of Chumps and State: 
Responding to ad hominem missiles lobbed by defenders of the various CZ Master Association (CZMA) subsidies, former member of the CZMA board of directors, Joseph Morabito figures that he “.. is upset with me now because I keep hitting the subsidy issue and he apparently is active in the Sports League.  At some point, the Board will have to deal with the subsidies going to non-members and even Members who are not paying their fair share of the extra expense they are causing the Association” and our response is encapsulated below:

Coto de Caza, CA - The quarter to quarter crime and vandalism report for ending June 30, 2011 for Coto de Caza and Ladera ranch are not to surprising. While the larceny/theft category increased 300%  and disorderly conduct 200% in Coto de Caza,  since new OCSD management was installed, the swings from quarter to quarter are overly wild without a plausible explanation.  However, if the data is averaged from 3Q2009 to date, the trending clearly shows the crime and vandalism rate at close to an all time high.

Coto's Public Safety Ticking Time Bomb, Ladera's Traffic Accidents Double in Second Quarter of 2011

Coto de Caza, CA - While the number of traffic accidents for the second quarter of 2011 in Ladera Ranch more than doubled, resulting in nine injuries and three driving under the influence, according to the figures supplied by the California Highway Patrol (CHP) San Juan Capistrano (SJC,) it appears that the traffic accidents in Coto de Caza are trending down. 

Coto Continues on Dangerous Course of Traffic Incidents
While Incident Rate Lower, Still at Critical Levels
Coto de Caza, CA - The good news for Coto de Caza residents is that the quarter-to-quarter accident rate for the quarter ending March 31, 2011 is significantly down from the previous quarter. The bad news is that it is still at the same levels as when the community experienced its two traffic fatalities within a three month period between December 2005 and March 2006

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Our research over close to ten years indicate that whether a community is safe or not, is primarily a function of residents and local governance, not law enforcement. Consider that when a city in Orange County is deemed the safest city, what about the other 11 cities or the unincorporated areas? What about Coto de Caza with the highest crime rate in history in early 2010. After all, only common denominator is that the OCSD is the law enforcement agency. What does the OCSD do differently in the safest city, as opposed to the least safe city under its watch?

Coto de Caza's Traffic Incident Rate at Critical Danger Levels
Coto de Caza, CA - While the Coto de Caza's total population has been shrinking for the last ten years, including placement of 17 property liens for the month of January 2011 out of roughly 3500 homes, the policies pursued by the CZ Master association board of directors, the local governance, have consistently increased traffic with a reduction in CHP patrol hours, with predictable results. Consider that for close to a decade, we have consistently shown conclusive evidence that there is a direct correlation between the extent of the CHP traffic enforcement efforts and the number of traffic accidents in the community.

Coto Continues on Dangerous Course of Traffic Incidents

While Incident Rate Lower, Still at Critical Levels

Coto de Caza, CA - The good news for Coto de Caza residents is that the quarter-to-quarter accident rate for the quarter ending March 31, 2011 is significantly down from the previous quarter. The bad news is that it is still at the same levels as when the community experienced its two traffic fatalities within a three month period between December 2005 and March 2006

Coto de Caza Fires the CHP - Again!

Coto de Caza, CA - The CotoBuzz Journal has documented the one-sided hate-hate relationship between the CZ Master Association board of directors and law enforcement agencies in general, and the California Highway Patrol (CHP) specifically (CHP). In an open board meeting for example, a board member called the Orange County Sheriff's Department (OCSD) extortionists! Despite the public abuse the CHP has received from the Coto de Caza board of directors ever since the board was coerced into bringing the CHP back for pro-active traffic patrol, figures indicate that the CHP has been doing its job: - The Chart below was published Sept. 30, 2006.

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