PLUM CREEK MASTER HOMEOWNERS ASSOCIATION
BOARD OF DIRECTORS MEETING
March 10, 2004

CALL TO ORDER & VERIFICATION OF QUORUM

The meeting was held at an alternate location, the Safeway Store Community Room. The meeting was called to order at 7:00 p.m. by President Ross Fife. Also present were Board members Tom Flenner (Secretary), Al Holowinski (Treasurer), Jason Johnson (Vice President), Mark Kramer and Dave Watts, as well as John O'Connor of Pristine Communities, Inc. Board member Sheila Haulter was absent. President Fife noted there was a quorum.

HOMEOWNERS FORUM

No owners were present, so a homeowners forum was not held.

APPROVAL OF FEBRUARY 11, 2004, MINUTES

Motion was made, seconded, and passed unanimously to approve the February 11, 2004, minutes. The minutes will be posted on the website.

MANAGEMENT REPORT

Mr. O'Connor reviewed key points of the February 2004 financial statements, as follows:
- Income year-to-date $ 24,400 budgeted $ 25,500 actual
- Operating expense year-to-date $ 11,900 budgeted $ 10,500 actual
- Net operating income year-to-date $ 12,500 budgeted $ 15,000 actual

Mr. O'Connor also reviewed for the board the status of several delinquencies.

OLD BUSINESS

There was no Old Business to discuss.

NEW BUSINESS

Architectural Control Committee (ACC)-Discussion was held regarding the structure of the committee, its future activities, and potential members due to the recent death of ACC member Ken Van Horn. It was noted that committee members Richard King will retire and Judy Fishell will continue to participate. Mr. O'Connor provided names of homeowners who had indicated an interest in serving on the committee. He also noted that architect Craig Romary has agreed to participate as the consultant to the committee.

Motion was made, seconded, and passed unanimously to appoint Jon Laws from St. Andrews and Gary McFarlen from Champions Court as the new members of the Architectural Control Committee, and to send a letter of thanks to retiring ACC member Richard King.

It was noted that a card and flowers had been sent on behalf of the board to the funeral home in memory of Mr. Van Horn.

Town of Castle Rock - Irrigation System-Mr. O'Connor explained the history of the irrigation system, and also reviewed the letter from the Town regarding a mandatory change from a "looped" system to an "unlooped" system, effective this season. Extensive discussion was held regarding options for addressing this issue with the Town.


Motion was made, seconded, and passed unanimously to have Mr. O'Connor write a letter, in conjunction with his representing other sub-associations, indicating interest in the new system but noting the continued prior acceptance and approval of the existing system, plus inquire into financial assistance from the Town in the cost of modifications for the ordered conversion. The letter should be sent to the Town Council and related officials.

Mr. O'Connor also informed the board about new "smart controller systems" now available at a reasonable expense to manage irrigation for water conservation and cost savings. He recommended that the board should become proactive on this issue.

Douglas County Maintenance & Repair (DCMR)-Mr. O'Connor reviewed for the board the three proposals made by DCMR for landscape maintenance, flowers for the boulevard, and maintenance of the flowers. It was noted that the overall cost was a $600 increase over last year's contracts due to higher costs of subcontractors.

Motion was made, seconded, and passed unanimously to approve the three landscape contracts as presented by Douglas County Maintenance & Repair.

Meeting Place-Mr. O'Connor reported that he had received a commitment from the Philip S. Miller Library to hold monthly board meetings in their meeting room at no cost. It was noted that the annual meeting would still be able to be held at Plum Creek Country Club.

Plum Creek Communities-Mr. O'Connor provided the board with a listing of Plum Creek communities and number of units in each.

Letter and Gift for Appreciation of Service-Discussion was again held regarding sending a letter and gift to former members of the board who provided long-term service. Mr. Johnson provided a description and approximate cost for a possible gift item.

Picture of the Board Members-It was noted that taking pictures of the board members for the website would be postponed until the next meeting.

Website-General discussion was held regarding the Plum Creek HOA website. It was noted that the website contact information should be updated, as well as phone and email information for Mr. O'Connor be added.

Plum Creek Directory-It was suggested that the board again consider producing a directory. This issue will be discussed at the next meeting.

Director Liability Insurance-In response to a question on this issue, Mr. O'Connor confirmed the master association holds liability insurance on the board members.

ADJOURNMENT

At 8:00 p.m., a motion was made, seconded, and passed unanimously to adjourn the meeting.

NEXT MEETING-Wednesday, April 14, 2004, 7:00 p.m. at Philip S. Miller Library, 100 South Wilcox Street, Wells Fargo Room. Pictures of the board members for the website will be taken at this meeting.