[quote=sdseeker]I was told about the new bonds coming by Dolinka Group who handles all the payoff info for PUSD. For those who are interested they also confirmed that once you make the payoff you are out from under the Mello Roos even if they do issue new debt. However in my case 9/21 is the cutoff date and after that I was told the payoff amount would increase. I guess that would be the result of extending the period for the MR beyond the current 2034.[/quote]
I wasn’t too impressed with this Dolinka Group. They are the entity whose phone number is on the property tax bill. I called them several times over several days and no one ever answered the phone. It always went to voicemail.
Finally about 4 days later someone called me back and said he would email me the details to pay it off.
He did email me this below which I’m cut and pasting. (He also gave me a general pay off quote of $15,000 to $20,000 for the CFD #4 Poway Unified). I get charged about $1,000 a year on my annual property taxes.
And he said that as it stands now the CFD #4 for PUSD doesn’t end until 2041 and might get extended for further into the future. I imagine they will do the maximum % increase each year as well.
They did confirm once you pay it off it releases you from further obligation if they extend the bond. I’m leaving on a business trip but once I get back I’m planning on paying this off.
I also called to pay off my CFD#2 which is the main Mello Roos for Santaluz. That quote is $400 if you want to get the exact quote.
They gave me an estimate of $45,000 to $50,000 to pay it off completely but said once I want an exact quote to call back and then I need to pay the $400 and then they will apply it towards the pay off. (I get charged $4,600 per year on my annual taxes). And that bond isn’t set to finish until 2030. It wasn’t clear with me if they were able to extend this bond.
Again, I assume they will raise it the maximum % they are allowed to each year. But even without any % annual increase, it seems like a no brainer to pay this off as we plan to stay in our house 15 years until the kids are at least out of high school.
This is what they sent me below:
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Prepayment of Annual Special Tax Lien Procedure
1. All requests for prepayment amounts must be received by the Poway Unified School District (“School District”) in writing no less than 30 days prior to the date in which the party wishes to prepay and must include the following information:
a. The name of the party wishing to prepay;
b. The address of the property;
c. The development the property is within;
d. The valid Assessor’s Parcel Number;
e. The Tract and Lot number; and
f. The Annual Special Tax the party is wishing to prepay (i.e. infrastructure or schools).
g. A payment of $100.00 for each prepayment to be calculated. The check(s) are to be made payable to “Poway Unified School District” and
is/are to be included with the written request.
All prepayment requests are to be sent to:
Poway Unified School District
c/o Kari Zipp
13626 Twin Peaks Road
Poway, CA 92064
2. The School District will forward the request for prepayment to Dolinka Group, LLC. Dolinka Group will provide the requesting party with the prepayment
amount within thirty (30) days and send a letter informing the requesting party of such amount. A copy of the response will also be sent to the School District.
3. All parties wishing to prepay must send a check in the prepayment amount made payable to “Poway Unified School District” in writing and send to the School District at the address listed above. The prepayment should include a copy of the letter requesting the prepayment and a copy of Dolinka Group’s response to the request.
4. When the School District receives the prepayment, the School District will send a copy of the prepayment check and accompanying paperwork to Dolinka Group so the parcel can be removed from the Special Tax levy for the following Fiscal Year. The School District will then send the prepayment to the Fiscal Agent to be deposited for the purpose of calling bonds or to be used by the School District at a later date to construct facilities. The School District will also record a “Notice of Cancellation of Special Tax Lien” on the property at the County of San Diego Recorder’s Office.
