Community Projects

LARMAC is continually reinvesting in the community, ensuring that Ladera Ranch continues to be one of Orange County’s premiere master-planned communities. A large component of this is the repair or replacement of community assets (known as reserve projects) and capital improvement projects.

Large community assets, such as playground equipment and pool resurfacing projects, are repaired or replaced from reserve funds once their useful life has been reached. A portion of the monthly assessments goes to the various reserve accounts to save for the repair or replacement of assets.

Capital improvement projects are additions to the community, such as the addition of the solar array at Cox Sports Park or the basketball court at the Avendale Clubhouse. These are great examples of improvements that were made to enhance the community. Capital improvements are funded from operating funds via homeowner monthly assessments.

 

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