Wednesday, March 24, 2004

In Attendance:

Jim Rosinke, President/Recreation Committee

Louie West, Vice President

David Oswald, Treasurer

Gina Sherman, Secretary/Welcome Committee

Roy Sears, Director

Karen Lopez, HCMS

Dennis Sherman, Homeowner/Newsletter Committee

Pat Butler, Homeowner

Jim Rosinke called the meeting to order at approximately 7:04 PM.

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

The agenda was approved as amended.

A motion was made to approve the amended minutes of the February board meeting. Motion passed with one abstained.

Management Report:

The Action Items were reviewed and discussed.

The Correspondence Log was reviewed and discussed.

The Inspection Report was reviewed and discussed.

The Financials were reviewed and discussed. The Board would like to keep $15,000 in the reserve account. Board requested to have two months of financials open at a time. A motion was made to have the board approve financials prior to them being closed out, if possible. Motion passed unanimously. The Board would like to look into the insurance payment being set up an accrual accounting. A comment was made to transfer the $1619.40 from account code 7202 to the reserve account, as well as allocating $44 for the months of January and February to reserves.

Committee Reports:

Architectural Control: There was not a representative at the meeting to give a report. There was one home improvement application submitted. It was reviewed and conditionally approved. The proposed patio cover on the plan is not of an approved material. The pool itself is fine.

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

Recreation: Jim mentioned that he had a list of names for Gina to contact to volunteer for the Easter egg hunt.

Playground: No report was given.

Newsletter: The next newsletter should go out mid April. It will include the pool hours, the election results from the annual meeting, and information on the community work day.

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

Welcome: There were no new homeowners this month, however, Gina did mention that she has one basket to give out from last month.

Old Business:

Community Clean Up/Work Day – The items for the work day were reviewed and discussed.

Proposal for Dirt Along New Fence – A motion was made to approve the installation for dirt only, if the price was under $300. Motion passed unanimously.

New Business:

Deed Violation Letters – It was asked by homeowner, Dennis Sherman, why deed violation letters are sent out. The Board stated that it is their duty to enforce the deed restrictions and that there can not be unfair enforcement. He would like an article for the newsletter referencing the deed violation letters. It was also asked if more detailed information could be on the letters.

There being no further business to discuss, a motion was made to adjourn to Executive Session at approximately 8:29 PM. Motion passes unanimously.