SaddleBrooke Two · For The Record · January 2025
SaddleBrooke Two HOA news, January 2025: new COO, $27M reserve plan
Blaine Bond’s digest of HOA Two’s January 2025 newsletter: what the board and staff decided, in plain words, with the source linked at the end. Not the association’s own text.
The short version
What changed in January 2025
- Darren Shaw took over as Chief Operating Officer on December 2, 2024, with more than 30 years of community-management experience.
- The board approved the 2025 budget and a 2025–2029 plan that funds a $27 million reserve program and the Preserve golf renovation in cash, with no loans.
- The MountainView golf loan is paid off, and the HOA holds more than $4 million in reserves and $2 million in operating cash.
- New traffic rules start January 1, 2025: $100 for speeding up to 15 mph over, $200 for 16 mph or more, and $200 for running a stop sign, on every street.
- Golf lost less than feared (about $970,000 in 2024 against a $1.2 million reforecast) and restaurant revenue rose 27.8 % over 2023.
- The HOA sold a house it owned at 65796 E Rocky Terrace Dr for $150,000, a $50,000 gain.
What it means for buyers
The HOA is paying for its 2025–2029 reserve plan without borrowing, which lowers the odds of a special assessment for road, building or golf work. Expect uniform, stricter traffic enforcement and a new management team setting priorities through 2025.
Every decision in this issue
The details, item by item
| New COO | Darren Shaw started Dec 2, 2024 (30+ years managing communities), 520-770-5316. Nov 20 minutes still list Walter Yazzie as GM; the January directory lists Ray Kuhn as GM. |
|---|---|
| 2025 budget + five-year plan | 2025 Budget and Five-Year Budget (2025–2029) approved Nov 20, 2024. Board says it funds the full $27 million reserve plan (2025–2029) and the Preserve golf renovation in cash, no loans. MountainView golf loan paid off; >$4M in the Reserve Fund and >$2M in the Operating Fund at money-market rates. Facility Master Plan (McMahon Group) due early 2025. |
| 2024 operating result | August forecast: $500,000 operating loss; mid-December projection: surplus above $140,000. |
| Golf (Troon) | 2024 subsidy expected ≈ $970,000 vs $626,781 budget (reforecast $1.2M); Troon cut >$450,000 of expense. Jul 1–Nov 30 rounds 25,551 (2024) vs 25,135 (2022); revenue $561,296 vs $393,294 (+43 %) via dynamic pricing. |
| F&B | MVBG covers +48 %, revenue +27.8 % vs 2023 through Nov (+$319,000). F&B subsidy projected $498,868 ($373,868 net of the $125,000 Dining Rewards Program), down 32 % vs 2023. |
| HOA-owned house sold | 65796 E Rocky Terrace Dr sold for $150,000 (recovers all costs, $50,000 profit); approved Nov 20. |
| Dog walking on golf courses | Board allowed it in 2024 after member feedback. |
| New traffic rules, eff. Jan 1, 2025 | Safety Corridors (MountainView, Clubhouse Dr, Desert Bluff, Catalina Hills; doubled fines) eliminated. Uniform fines: speeding up to 15 mph over $100, 16+ over $200, stop sign $200. Clubhouse Dr stays 25 mph (Pinal County engineers). Adopted Oct 30 after 47 resident comments. |
| Safety | Dwellics score 82.3/100 (87.49 vs AZ, 84.84 vs Pinal); violent and property crime in the lowest tier; traffic is the main risk. Patrol 24/7 520.349.5124. PCSO calls Nov 2024: 55 (information 6, follow-up 5, missing person 3, traffic 3, agency assist 2; one label garbled, text layer unclear). |
| Nov 2024 financials (YTD) | Community Service Fees $7,129,410; total HOA revenue $7,370,662; HOA net income $1,645,291 (PY $2,749,987). Golf net −$973,815 (budget −$669,462); F&B net −$397,733 (PY −$586,679); fitness −$61,901; theatre/lifestyle −$39,171. Ops net income before depreciation $172,670. Reserve revenue $8,340,733 (budget $3,400,269; gap not explained); CIF net $307,813. Net income after depreciation $6,531,465. |
| Golf staff | Mike Karpe PGA Director of Golf Operations; Wayne Clark Head Pro; new Assistant Pro Mason Hage (mostly at The Preserve); Mark Soto Dir. of Agronomy. Social 9-hole golf Jan–Apr; couples events Jan–May. |
| Fitness pricing | HOA2 classes $8 (member charge or Unlimited Monthly Pass); SGT $10, not on the pass; DV Fitness 818-1300. |
| Board | Nov 20, 2024 board: Matt Kambic (Pres), Dan Linegar (VP), Shawne Cryderman (Sec), Mark Eckardt (Treas), Larry Santora (Asst Treas), Denise Leksell, Chuck Kill. 2025 directory: Kambic, Jeannine Grippo, Brad Nickum, Santora, Cryderman, Kill, Sheri Grupe (officers “TBD”; organizational meeting Jan 7). |
| Directory | HOA 2: 38735 S MountainView Blvd, 520-818-1000. ALC admin 520-879-4155; Patrol Capt. Dale Tate 520-825-7381; Preserve chef Alex Ohayon 520-825-3028; MVBG 520-825-5217; golf shop 520-825-9022; Finance 520-879-4157. |
Source: SaddleBrooke HOA Two, For The Record, January 2025: read the issue. Summaries are Blaine’s; the recorded CC&Rs, HOA Two’s current Rules and a home’s resale disclosure govern.
Buying in SaddleBrooke Two?Blaine reads every issue and attends the meetings. Ask which of these items touch the home you are looking at.