Newsletter - Rainbow Ridge

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February 2015
INSURANCE & LITIGATION MEETING:
THERE’S STILL TIME TO ATTEND!
Additional meeting capacity has been added for
residents wanting to understand how the Association’s
insurance coverage works and what happens when there
is a loss affecting your unit. The emphasis will be on
losses involving pipes that leak or burst.
The goal is to have every attendee understand:
• The repair and recovery process
• Who pays to repair the pipes
• Who pays to repair the resultant damage
• What if your neighbor’s pipe leaks into your unit.
• What if your pipe leaks into your neighbor’s unit
• Do you need insurance?
Over the past year, too many residents did not know the
correct answers to these important questions until after
they had experienced a loss. Accordingly, Board
Member Tom Muirhead has volunteered to hold
meetings with interested homeowners to review these
scenarios so you can take steps now to protect yourself.
This will be a relaxed, informal gathering where you
may ask questions and obtain the information you need.
Additionally, updates and answers on the pending
litigation and Special Assessment will also be provided.
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•
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Why is there a special assessment?
Who is responsible?
Will there be more ?
How does this impact selling my home?
If you’d like to attend, please send an e-mail to
RainbowRidge@cox.net with your name, address,
number of people, & whether you’d prefer attending on
a weekend afternoon - or an evening during the week.
We will be in touch after processing the responses.
Thank you!
SECURITY’S PHONE NUMBER
Security’s phone number changed a year ago but
both numbers have been working during the
transition. This is about to end so please make sure
you have the correct number: (949) 667-0079
BOARD OF DIRECTORS MEETING
February 5, 2015
Optimum Professional Property Management
17731 Irvine Blvd., Suite 212 Tustin, CA 92780
General Session & Homeowners Forum: 7:00 p.m.
Executive Session: 6:00 p.m.
All owners are welcome to attend General Session at
7:00 pm. We look forward to seeing you there!
CONTACT INFORMATION
Security:
Emergency After Hours:
(949) 667-0079
(714) 508-9070
For a complete list of contacts, please visit:
RainbowRidge.heliohost.org
MANAGEMENT COMPANY
Optimum Professional Property Management
Mr. Gabriel Garcia, Community Manager
17731 Irvine Blvd., Suite 212
Tustin, CA 92780-3237
Phone: (714) 508-9070 x293
Fax: (714) 665-3015
E-mail: GGarcia@optimumpm.com
www.optimumpm.com