PLUM CREEK MASTER HOMEOWNERS ASSOCIATION
www.plumcreekhoa.com

BOARD OF DIRECTORS MEETING

SEPTEMBER 10, 2003

CALL TO ORDER & VERIFICATION OF QUORUM

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

HOMEOWNERS FORUM

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

APPROVAL OF AUGUST 13, 2003, MINUTES

After discussion, motion was made, seconded, and passed unanimously to approve the August 13, 2003, minutes. The minutes will be posted on the website.

MANAGEMENT REPORT

Mr. O'Connor reviewed key points of the August 2003 financial statements, as follows:
- Income year-to-date $ 89,500 budgeted $ 89,600 actual
- Operating expense year-to-date $ 84,000 budgeted $ 74,700 actual
- Net operating income (loss) year-to-date $ 5,500 budgeted $ 14,900 actual

Mr. O'Connor noted that operating expenses were adjusted for water feature renovation, water feature electrical and replacement of entrance walls, which are reserve expenses.

A question was asked if vandalism costs were included in operating expenses. Mr. O'Connor said they were.

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

OLD BUSINESS

Status of Landscaping on Mount Royal Drive-Mr. O'Connor updated the board on this issue. Discussion was held, with a specific comment made that the fact that winter was coming would not be an acceptable excuse for not completing the landscaping in a timely manner.

Motion was made, seconded, and passed unanimously to request Mr. O'Connor to send a follow-up letter stating the total fines to date, and notifying the owner of an increase in fines to $50 per day effective September 15, 2003.

NEW BUSINESS

Settlement of Claims for Damages-Mr. O'Connor updated the board regarding the settlement of claims for damages to the irrigation system at the water feature, noting that full reimbursement was being made by the cement company.

Entrance Walls-Mr. O'Connor reported that reconstruction of the entrance walls would begin on September 15 and was expected to be completed within two to three weeks. He added this would be the last project of the year.

Security Issues-Discussion was held regarding incidents of property being stolen out of parked vehicles.

NOTE TO OWNERS: The board recommends that owners keep their garage doors closed and vehicle doors locked. In addition, if unusual activity is observed, they should contact the police.

Crystal Valley Ranch-Discussion was held regarding barbed wire fencing at the end of Plum Creek Boulevard; specifically, that construction traffic was using that entrance and had knocked the fencing down. The board asked that Mr. O'Connor request that a permanent structure be erected at that location to prevent this situation from continuing.

A question was raised about a large advertising balloon in the subdivision area. Mr. O'Connor responded that it was connected to the new homes that were being constructed.

Architect Update-Mr. O'Connor advised the board that architect Bob Engelke had died following a brief illness. He noted that Craig Romary of Romary Architects had agreed to assist the Architectural Control Committee with current ACC issues.

Board Meeting Signs-It was noted that board meeting signs are placed for each meeting at two locations along Plum Creek Boulevard.

High Grass-A question was raised about the high grass south of the library. Mr. O'Connor reminded the board this area was native grass and not mowed short.

Fall Fertilization/Aeration-Mr. O'Connor noted that Douglas County Maintenance would do a fall fertilization and aeration.

ADJOURNMENT

At 7:30 p.m., a motion was made, seconded, and passed unanimously to adjourn the meeting.

NEXT MEETING-Wednesday, October 8, 2003, 7:00 p.m. at Plum Creek Country Club, in the Plum Room.