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Resident flags missed facilities and capital improvement fees; finance director says RCSC will pursue unpaid amounts
Summary
A resident with a title-insurance background told the board she identified multiple Sun City property transfers lacking recorded facilities agreements and associated fees. RCSC's finance director said staff track ownership records and will pursue missing payments when discovered.
A Sun City resident raised concerns that facilities agreements and the associated capital preservation fee (PIF) and capital improvement fee are not always recorded at property closings, and that RCSC may be missing thousands of dollars as a result.
Cindy Brown, who said she has more than 40 years in land title and title insurance, told the board she found "at least 7 homes" near her neighborhood without recorded…
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