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Why you should pay off your Woodland Springlake Mello-Roos? How?
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Why you should pay off your Woodland Springlake Mello-Roos? How?
 

When a homeowner purchased a property in Springlake,  each property has been assessed a fixed amount of Mello-Roos, which is slightly over $20,000 to fund public facilities in the neighborhood.  If a homeowner does not pay off this amount in full, the balance is treated as Bond/Loan at a interest rate of 7% to 9% per year even with current super low interest rate.  As a result, you will end up paying about $40,000 interest during the whole period (assuming 30 years), plus the original principle ($21,000).  

Therefore, paying off the Mello-Roos is the correct way to go if you could afford it (The City only accepts full payment) :)

The following are the steps to pay off Springlake Mello-Roos:

  • Contact Adam Devlin at Adam.Devlin@cityofwoodland.org or call him at (530)661-5835.
    • In your email or voice mail, clearly provide your address and APN#, which is provided on your tax bill from the county.
    • Ask him to provide your Mello-Roos pay-off amount.
    • Follow-up with him if you do not receive his call or email within 3 days, usually he is pretty good.
    • His address is: Finance Department, 300 First Street, Woodland, CA 95695.  You might visit there in case he is not available during this holiday season. 
  • Upon receiving your request, he will send you an email with an attachment which lists your Mello-Roos pay-off amount.
  • You send the check and the attachment document to him as instructed in his email.
  • Winter deadline is in January, if you cannot make it this time, you may pay next June.

Enjoy the big saving!

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Posted – 12/16/12 1:40am by smilesue2005@yahoo.com, updated or replied 12/20/12 8:21pm
 
 

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