Owners approved a $1,999,999.60 special assessment on October 6. The next day, the Board reportedly approved a roofing contract of about $1.4 million, creating an apparent difference of roughly $600,000 that demands a documented explanation. At the same time, the Association’s September financial report shows a separate $55,525.54 operating-budget overrun, including $28,356.92 in legal expenses through September.
The assessment is now approved at $1,999,999.60. If the reported October 7 roofing contract of about $1.4 million is confirmed, owners are entitled to an itemized explanation of the roughly $600,000 difference, including contingencies, financing costs, related project costs, and any amount expected to flow into reserves. The difference is not proof that money is missing. It is proof that a reconciliation is necessary.
The $1.4 million figure is a reported October 7 Board action and remains subject to the approved minutes, executed contract, and final scope. The front-page cartoon now focuses specifically on that contract-versus-assessment gap.
1. Owners approved a $1,999,999.60 assessment on October 6. 2. The Board reportedly approved a roofing contract of about $1.4 million on October 7, making the roughly $600,000 difference a central issue. 3. The Association is separately $55,525.54 over its operating budget, with $28,356.92 in legal expense through September. 4. ADR mediation is scheduled for October 29, 2026, where records, assessments, insurance, and related issues are expected to be raised.
*The $1.4 million figure is a reported October 7 action and remains subject to the approved minutes, signed contract, and detailed scope. The official inspector's report records 76 valid ballots: 41 yes, 35 no, and one additional invalid unsigned return envelope.
$7,974.52 in September alone. The September operating statement reports $515,929.18 in operating expenses against a $460,403.64 budget. Legal expense alone is $25,656.92 over its nine-month budget. The statement identifies a September payment to Adams Stirling PLC but does not allocate legal expense by matter.
Cantrice Court · Follow the Documents
The post-vote question is now sharper: if the reported contract amount is about $1.4 million, what exactly makes up the nearly $2 million owners were approved to pay? Owners deserve the executed contract, scope, financing terms, contingency explanation, and reserve treatment.
READ THE STORY & DOCUMENTS →A nearly $2 million assessment, a reported $1.4 million contract, legal spending far beyond budget, insurance-value questions, and missing transparency. Owners now have to decide whether these are isolated problems — or whether it is time to consider recalling the Board.
At least six sets of official Board minutes were approved in a matter of seconds. Director David Jones abstained because he had not had the chance to review them. The others approved them anyway.
READ MORE →Management said it did not see a way to balance next year’s budget without about a 20% dues increase. The later September financial report shows the Association is actually $55,525.54 over its operating budget through September. Before dues go up again, owners should know what costs have actually been cut.
READ MORE →The September financial report now fixes the legal-expense total at $28,356.92 through September, against a $3,600 annual legal budget. The useful question is no longer which rough estimate is right; it is what work drove the actual spending and what controls exist going forward.
READ MORE →Roofing costs up 30%. Cantrice’s stated value down nearly $10 million. President Mark Reynders signed a 2026 Statement of Values at about $32.7 million while the Association carries roughly $42.2 million in earthquake coverage. Owners deserve to see the valuation that explains that math.
READ MORE & SEE THE DOCUMENTS →A lot of debate over a simple problem. Check which units already have a compliant extinguisher. Supply one where needed. Document it. Done. Then get back to the issues involving millions of dollars.
READ MORE →CantriceCourt.org puts the Association's own documents, financial records, Board communications, and owner responses in one place so you can see what was proposed, what changed, what the numbers show, and what still needs an answer.
Read the Board's documents. Read the opposition. Check the numbers. Decide for yourself.
The Board President has now put new numbers into the record: insurance agents reportedly supplied $34 million and $38.8 million bare-walls replacement-cost figures, while the Association's current signed SOV is $32,708,416 and its earthquake disclosure lists a $42,216,921 limit. The immediate issue is no longer an outside estimate — it is how the Association reconciles its own valuation record.
On September 24, the Board President stated that multiple insurance agents had provided bare-walls figures of $34M and $38.8M.
The August 28, 2026 SOV submitted for the current fire/casualty program totals $32.708M, including residential buildings valued at $164/sf.
The Board President also presented $39.204M as combined coverage. The underlying State Farm and Helix policy terms need to be read before treating every extension as freely additive replacement-cost capacity.
The Association's 2026 insurance disclosure lists a $42.217M earthquake limit, and the 2024 earthquake policy ties coverage to a September 5, 2024 Statement of Values/application.
What is not yet established: these figures may reflect different scopes, property definitions, policy structures, or assumptions. The site does not treat any one of them as the proven 100% replacement-cost figure. The unresolved question is what professional valuation supports each number and why the current program was built on the $32.708M SOV.
The meeting covered a roofing-company presentation, financials, the special-assessment ballot, and owners forum. The new special-edition stories above separate published documents from meeting statements that remain attributed pending an official transcript or minutes.
The contractor discussed conditions and protocols, while the Board continued to rely on roughly $400,000 of contingency above the approximately $1.6 million quoted roof cost.
Management said it did not see a way to balance the next budget without about a 20% dues increase. The later September financial report showed the Association $55,525.54 over budget, with legal expense at $28,356.92 through September.
Director David Jones abstained, stating that he had not had the chance to review them. The remaining directors approved them.
Each page gives the short version first and puts the supporting documents directly underneath.
Owners are being asked to authorize a $1,999,999.60 special assessment while Board materials describe expected roof costs of about $1.6 million.
Review the Assessment →A pending records case concerns Association records, meeting materials, insurance information, and assessment-related documents.
Review the Court Record →The parties are scheduled for mediation concerning multiple Association disputes; this page organizes the public source record behind them.
Review the ADR Record →A candidate elected by acclamation in 2025 was disqualified from the 2026 ballot; the election rules, notices, and insurance materials are collected here.
Review the Election Record →The available record now shows 12 confirmed overdue open-meeting gaps across 2025 and 2026: six confirmed 2025 meetings and six confirmed 2026 meetings with no minutes, draft minutes, or summary in the records currently available to this site. The July 24, 2025 emergency meeting was an executive session and is excluded from the open-meeting count.
Review the Meeting Record →The signed current SOV is $32.708M at $164/sf. The Board President now cites agent-derived bare-walls figures of $34M and $38.8M, while the Association insurance disclosure lists a $42.217M earthquake limit. The issue is now the reconciliation of the Association's own valuation record.
Review the Insurance Record →The current signed SOV totals $32,708,416 and uses $164/sf for residential buildings. On September 24, the Board President stated that insurance agents had supplied bare-walls figures of $34 million and $38.8 million and presented a $39.204 million combined coverage calculation. The Association's own insurance disclosure lists a $42,216,921 earthquake limit. These numbers may have different scopes, but they now require a written professional reconciliation.
The Helix declarations place $9,806,516 per occurrence above $22,901,900 per occurrence. A separate endorsement says Helix liability for any one building or structure cannot exceed 110% of that property's individually stated value, subject to the rest of the policy.
Owners approved a fixed $1,999,999.60 assessment. A roofing contract of approximately $1.4 million was reportedly approved the next day, while earlier Board materials had described an expected roof cost of approximately $1.6 million and stated that unused assessment money would ultimately fund reserves.
That is now roughly a $600,000 difference from the reported contract amount. The Board has pointed to contingencies, cost growth, and eventual reserve funding. Owners should be able to see the supporting calculation, project budget, and records now that the assessment has been approved.
A separate pending small-claims case concerns Association records, meeting documents, insurance information, and assessment-related records. It is not the main issue on this site—the immediate issue is the nearly $2 million assessment—but the records dispute helps explain why access to source documents matters.
Current status: Before the next hearing, William Mills agreed to include the small-claims records dispute, along with other significant Association disputes, in mediation scheduled for October 29, 2026. The Association has publicly acknowledged in a court filing that the parties are proceeding to mediation.
Earlier Board materials described a $2.5 million reserve special assessment tied to several major projects. The later ballot asks for $1,999,999.60 focused on roofs.
See the timeline →Owners vote on a fixed assessment. The Board has described financing that is drawn against actual roofing invoices. The amount assessed and the amount ultimately borrowed can differ.
Follow the money →The ballot package says any assessment money not used for the roof replacement project will be used to fund reserves.
Read the ballot package →The 2026 Reserve Study says reserves are weak and major roof work is due, but it also expressly states that final project proposals should be obtained before approving a special assessment or loan.
Read what the study actually says →Owners are being asked to take on a nearly $2 million special assessment. At the same time, the Association's own September financial report shows $28,356.92 in attorney/legal-services expense through September 30, 2026 and a total operating budget overrun of $55,525.54.
This is owner money. Legal work may sometimes be necessary. But $28,356.92 through September — against a $3,600 annual budget — deserves a clear explanation of what work was performed, why it was necessary, and what owners received for the expense.
The useful question is straightforward: what work drove $28,356.92 in recorded 2026 legal expense through September, what matters did it address, and what did the Association receive for it?
This site is organized so a material claim can be checked against the underlying Association document, ballot, financial record, contract, communication, or public filing whenever that source is available for publication.
Issue-by-issue breakdowns showing the claim, the documentary record, the unanswered question, and the supporting file.
Review current issues →Board agendas and minutes organized by date, with missing-record status separated from confirmed documents.
Browse meetings →Current Board offices, terms, the published President contact, and current management information in one place.
View Board & Management →Board materials, financial records, governing documents, ballots, correspondence, insurance records, and other cleared source files.
Browse evidence →Independent owner letters and objections, clearly labeled and kept separate from official Association communications.
Read owner communications →Sensitive Association records that should not be placed on the open internet remain available only to verified owners.
Enter secure portal →Do not take anyone's word for it. Read the documents.
The record should speak for itself: what was proposed, what changed, what was promised, what was documented, and what remains unanswered.
Owners may submit relevant records, corrections, or information to owner@cantricecourt.org. Material is reviewed before publication. Private owner information and confidential mediation material are not published.