LAREDO, Texas (KGNS) - A class action lawsuit has been filed against La Bota Ranch.
The petition was filed at the end of June against the board members of La Bota Ranch Owners Association.
According to the plaintiff’s petition, there are claims of mismanagement of Homeowner’s Association money.
The budget they allege has grown to one million with no additional service to the homeowners.
The increase has been seen in their quarterly dues.
We reached out to the defendants and received a statement that reads, “The increase in dues are due in large part to attorney’s fees paid to a law firm to collect delinquencies that resulted from the Great Recession’.
The Statement further says that the dues were kept at an artificially low for 15 years.