Welcome to Eldorado at Santa Fe

Home to great folks, rich culture and beautiful views, Eldorado at Santa Fe is a community of 2650 homes situated at the foot of the Sangre de Cristo mountains, approximately 25 minutes from the Santa Fe Plaza.

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July 27 2017

Currently, the ECIA pays each stable owner’s water charges, fly predator program costs, manure removal costs and property taxes out of the Association’s operational account. This operational account is funded by annual assessments paid by all Eldorado home owners to support common ECIA expenses (employee salaries, maintenance of Eldorado amenities, etc.). The ECIA then sends each stable owner a bill seeking reimbursement for the “up-front” payments made to support their equines as well as for the property taxes associated with their stables.

 

The ECIA Board of Directors has concluded that paying for the stable owners’ expenses out of operational funds is not a prudent fiscal practice. To remedy that problem the Board has approved a series of draft changes to the current Stable Funding Amenity Guidelines Policy. To read this draft revised Policy please click on this link.

This revised Policy would require stable owners to begin paying money up front into a fund, twice a year, which would be used to support their equines as well as pay the property taxes associated with their stables (rather than using ECIA operational funds for such purposes).  This policy change would also require the stable owners to reimburse the ECIA for the labor and machinery costs associated with the care of their animals, costs that are not currently reimbursed by the stable owners.

The ECIA Board of Directors will hold a Public Forum on August 26, 2017, at 10 am, in the ECIA Community Center Railroad Building, to hear what Eldorado residents have to say about these proposed changes to the ECIA Stable Amenity Funding Guidelines Policy. You are most welcome to attend.