PLUM CREEK MASTER HOMEOWNERS ASSOCIATION
www.plumcreekhoa.com

BOARD OF DIRECTORS MEETING

May 14, 2003

CALL TO ORDER & VERIFICATION OF QUORUM

The meeting was called to order at 7:00 p.m. by Ross Fife (Vice President). Also present were Board members Michael Ford, Sheila Haulter, Al Holowinski (Treasurer), and Jason Johnson, as well as John O'Connor of Pristine Communities, Inc. Board members Mark Kramer (President) and Clyde Simmons (Secretary) were absent. Mr. Fife noted there was a quorum.

HEARING-SATSUMA PLACE

A hearing was held concerning a residence on Satsuma Place. The owner was invited, but did not attend. Discussion was held by the board regarding this backyard landscaping violation.

Motion was made, seconded, and passed unanimously requesting Mr. O'Connor to send the standard form letter requiring a response by the owner to submit appropriate plans within 30 days of receipt of letter. If plans are not received as requested, or if plans are approved but work not commenced, a $25 per day fine would be imposed.

HOMEOWNERS FORUM

Several issues were raised by owners present and discussed by the board, as follows:

An owner reported he had not received his assessment booklet due to a change of address. He had, however, received a letter from the association's attorney regarding nonpayment of dues, including charges for interest and legal fees. Mr. O'Connor confirmed there was no previous record of late payment or nonpayment of dues by the owner and the annual assessment amount had since been paid in full. It was also noted that the mailing address would be corrected.

After discussion, motion was made, seconded, and passed unanimously that the owner could pay only the interest due and the legal fees would be waived.

A question was raised regarding when and where the board meets. Mr. O'Connor responded that meetings are held on the second Wednesday of each month, 7:00 p.m. at the Plum Creek Country Club, in the Plum Room. Further discussion was held concerning placing a sign on the median regarding the scheduled meeting(s). The board requested that Mr. O'Connor have such a sign made and posted on the median north of Mount Royal Drive.

An owner who had been away for the winter and just returned requested an update on several community and association issues:

  • Had heard apartments would be constructed across from the country club swimming pool. Mr. O'Connor advised this was not correct; single-family homes are to be built at that location.
  • Had heard Mount Royal Drive was going to be opened up to Heckendorf Ranch. Mr. O'Connor stated this would be an emergency-only access to that development.
  • Inquired about U.S. Homes fences. Mr. O'Connor said the fences would be painted this summer. In addition, 15 dead trees would be removed and replaced.
  • Inquired about the status of the water feature. Mr. O'Connor responded this item would be discussed under Old Business.
  • Inquired about direct deposit for assessment dues. Mr. O'Connor explained that Castle Rock Bank does not currently offer direct deposit. It was also noted that most owners take advantage of the annual payment discount program.
  • Stressed the importance and desire for better communication between the association and residents, suggesting a newsletter at least twice a year covering both association and community items of interest. The board acknowledged this was a valid point, but explained that the website and/or current mailings cover association information and newspapers cover community issues. It was suggested that, in addition to the minutes which are already posted to the website, the agenda be posted in advance of each meeting. Mr. O'Connor stated he would ensure this is done for future meetings.

The homeowners forum was closed.

APPROVAL OF APRIL 9, 2003, MINUTES

Motion was made, seconded, and passed unanimously to approve the April 9, 2003, minutes. The minutes will be posted on the website.

MANAGEMENT REPORT

Mr. O'Connor reviewed key points of the April 2003 financial statements, as follows:
- Income year-to-date $ 41,000 budgeted $ 40,600 actual
- Operating expense year-to-date $ 22,600 budgeted $ 18,200 actual
- Net operating income year-to-date $ 18,400 budgeted $ 22,400 actual

Mr. O'Connor noted there were no significant budget variances during the month of April.

Mr. O'Connor reviewed for the board the status of several delinquencies, noting two foreclosures and a bankruptcy.

On a related topic, Mr. Johnson asked if title companies sometimes do not pay past due assessment dues at foreclosure closings. Mr. O'Connor responded that there is a potential problem for this when the title company does not have a contact for sub-associations that have no management representative. The board requested that Mr. O'Connor send a letter advising any Plum Creek sub-associations that have no management representative they should notify title companies of their appropriate contact person for this type of situation.

OLD BUSINESS

Status of Water Feature-Mr. O'Connor provided the board with an update concerning this project, including an overview of the work to be done. He noted that work is scheduled to commence May 15 and should be completed in about six weeks.

Proposal to Install Gravel Along Curb of Median and Proposal to Raise Signs at Plum Creek Boulevard Entrance- Mr. O'Connor reviewed for the board the proposal submitted by Douglas County Maintenance to install gravel along curb of median at a cost of $17,960. Mr. O'Connor also reviewed a proposal submitted by Temple Canyon Ventures to raise the two signs at the entrance to Plum Creek and create a more attractive mounded area for flowers at a cost of $4,721. He also commented on a possible September project to redo the westside entrance wall at a cost of $14,000. He noted that the cost of these projects would be paid out of reserve funds, which are expressly for this type of expenditure/improvement.

Discussion was held, including the suggestion that a decision regarding the gravel project should be postponed until perhaps the next annual meeting. However, the board was in favor of immediate action on the entrance sign project and checking further into the wall replacement project.

Motion was made, seconded, and passed unanimously to accept the proposal by Temple Canyon Ventures. In addition, the board requested Mr. Johnson to meet with the contractor on their behalf to discuss options regarding replacement of the westside entrance wall, but at a reduced cost.

Frames for Street Signs-Mr. O'Connor provided the board with an update concerning this project, noting that the frames have been delivered to Douglas County Maintenance and would be installed over the next 45 to 60 days.

Drain Needed-Mr. O'Connor reported that the Utility Department would not install a drain at Champions Court.

NEW BUSINESS

No New Business was discussed.

ADJOURNMENT

At 8:15 p.m., a motion was made, seconded, and passed unanimously to adjourn the meeting.

NEXT MEETING-Wednesday, June 11, 2003, 7:00 p.m. at Plum Creek Country Club, in the Plum Room.