PLUM CREEK MASTER HOMEOWNERS ASSOCIATION
BOARD OF DIRECTORS MEETING
APRIL 14, 2004

CALL TO ORDER & VERIFICATION OF QUORUM

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. President Fife noted there was a quorum. In addition, he expressed appreciation on behalf of the board to the library for the use of a meeting room and requested that Mr. O'Connor convey the board's thanks to the library.

HOMEOWNERS FORUM

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

PRESENTATION

Mr. Johnson introduced Aundrea Rosdal of Wackenhut Corporation to make a presentation to the board on security services. Mr. Johnson noted that the number one concern to the board was speeding. Ms. Rosdal made a short slide presentation, answered questions concerning the security services they provide for subdivisions, and provided brochures and pricing information. The board thanked her for the presentation and indicated that Mr. O'Connor would contact her with the board's decision.

APPROVAL OF MARCH 10, 2004, MINUTES

Two corrections to the minutes were requested: Contact information is currently listed on the website, but should be updated; and adding the suggestion made again for producing a Plum Creek directory.

Motion was made, seconded, and passed unanimously to approve the March 10, 2004, minutes, as amended. The amended minutes will be posted on the website.

MANAGEMENT REPORT

Mr. O'Connor reviewed key points of the March 2004 financial statements, as follows:
- Income year-to-date $ 27,800 budgeted $ 38,300 actual
- Operating expense year-to-date $ 15,900 budgeted $ 13,400 actual
- Net operating income year-to-date $ 11,900 budgeted $ 24,900 actual

Mr. O'Connor noted that the actual figures have been adjusted for annual discounts. Mr. O'Connor also reviewed for the board the status of several delinquencies.

OLD BUSINESS

Plum Creek Directory-President Fife updated the board regarding publishing a directory. He noted that Diane Jaunk was available and willing to handle this project. Extensive discussion was held covering format, content, number of residences, cost, advertisements and privacy issues to be considered.

Motion was made and seconded to have Mr. O'Connor provide Ms. Jaunk with a set of labels of the Plum Creek homeowners and a check for $185 to cover postage for a mailing she would make. The mailing would specifically request that owners indicate their approval to publish their name in the directory and that they also provide a telephone number to be included. Ms. Jaunk would be responsible for obtaining the necessary advertisements to fund the publishing and distribution costs of the directory.

This motion was tabled and President Fife was requested to convey the proposal to Ms. Jaunk for her commitment to proceed under the above guidelines. President Fife will report on her response at the next meeting.

NEW BUSINESS

Vacant Board Position-Discussion was held regarding the vacant board position due to the resignation of Shiela Haulter. The board requested that Mr. O'Connor recruit a replacement from the Players Club Villas.

Activate Water Feature-Mr. O'Connor reported that the water feature would be activated on April 21.

Landscape Issues-Mr. O'Connor advised that landscape maintenance for the season would be started, including trimming trees, planting flowers in late May, and planting on the west entrance wall. He also advised of plans to rebuild the east entrance wall in May/June. Mr. Johnson offered to participate in flower and plant selection and placement and asked if other board members would like to join him in this activity.

Loop System- Mr. O'Connor reported that the modification to the irrigation system as required by the Town of Castle Rock had been made at a cost of $800.

Covenant Issues by an Adjacent Association-Discussion was held concerning covenant issues not being enforced by an adjacent association. Mr. O'Connor was requested to ask association attorney Rich Johnston if a letter could be sent to that association to cause enforcement

Security Services-President Fife requested a response be given regarding the presentation by Wackenhut Corporation.

After discussion, motion was made, seconded and passed unanimously to not accept the offer for services from Wackenhut and requested that Mr. O'Connor notify them of the board's decision.

Sample of Gift-Mr. Johnson was requested to obtain samples of the "thank you" gift for long-time board members.

Miscellaneous Issues Raised by Mr. Watts-Several issues raised by Mr. Watts included photos, undating the website, address speeding in the subdivision (bumps and dips) and advised he would be meeting with Ray Waterman of the Town of Castle Rock.

Minutes Distribution-Brief discussion was held regarding distribution methods for the minutes.

Board Photo for Website-Board photos were taken to be posted to the website.

ADJOURNMENT

At 8:30 p.m., a motion was made, seconded, and passed unanimously to adjourn the meeting.

NEXT MEETING-Wednesday, May 12, 2004, 7:00 p.m. at Philip S. Miller Library, 100 South Wilcox Street, Wells Fargo Room.