Wednesday, June 26, 2002

In Attendance: Ralph Steiner, President

Doug Burdett, Vice-President

Lesley Lee, Director

Connie Boggan, Secretary

Karen Lopez, BAPM

Bill Carlton was absent from the meeting.

Ralph Steiner called the meeting to order at approximately 7:15 PM.

The Board Meeting was held at the law offices of Daughtry and Scott, located at 17044 El Camino Real.

The minutes of the April 17, 2002 Board meeting were tabled due to the lack of quorum to approve the minutes.

Management Report:

The May 31, 2002 financials were reviewed and discussed. The Board felt the pool contract fee was too high as shown on the Income Statement.

The Board requested an itemized list of repairs made at the pool by M & M Construction on check #754. The Board also requested a copy of the report by AAA Leak Detection, paid for by check #752.

The Action Items List was reviewed and discussed. The Board asked Karen to check the Landscape contract to see if Bio Energy’s service included ant control. If so, are they complying? Board had commented that there are several ant beds around the pool area. Board asked when Bio Energy’s contract was up.

The Board requested BAPM do a weekly inspection report of the amenities (pool/park areas). The Board would also like a weekly log from the pool company in reference to chemicals and repairs. They requested that this be dated and signed by person doing the inspection.

The Bank Statement was reviewed and the Board requested a copy of the CD rollover. Board believed the amount was approximately $25,000.

The Phone Log was reviewed and discussed. The Board requested that the format be done more like an action list indicating “open”, “closed”, and “needs attention” items.

The Board would like a sample letter of each deed item and letters that are in system to review.

The Board asked Karen to price a storage unit for the pool house and supplies with a lock, possibly a Rubbermaid brand.

Committee Reports:

Architectural Control: There was not a representative at the meeting to give a report, but Karen stated that they did have a meeting and that two of the submittals were for vinyl siding.

Crimewatch: There was not a representative at the meeting to give a report.

Recreation: There was not a representative at the meeting to give a report.

Newslettter: There was not a report given.

Playground: There was not a report given.

Landscape: There was not a representative at the meeting to give a report.

MUD:

Bill Carlton was not at the meeting to give a report.

Old Business:

There was not any old business to discuss.

New Business:

The past Policies and Procedures Manual was reviewed and discussed. The Board agreed to go through the report and make changes and updates. The Board requested Karen to put together policies and procedures that work for other properties.

There being no further business to discuss, the meeting was adjourned to Executive Session at approximately 8:15 PM.