PLUM CREEK MASTER HOMEOWNERS ASSOCIATION
BOARD OF DIRECTORS MEETING
www.plumcreekhoa.com
October 13, 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 Jason Johnson (Vice President), Mark Kramer, Christine Foote and Dave Watts, as well as John O'Connor of Pristine Communities, Inc. Board members Tom Flenner (Secretary) and Al Holowinski (Treasurer) were absent. President Fife noted there was a quorum.

HOMEOWNERS FORUM

No homeowners offered any comments or questions.

APPROVAL OF AUGUST 11, 2004, MINUTES

Motion was made, seconded, and passed unanimously to approve the August 11, 2004, minutes, as presented. The minutes will be posted on the website. It was noted that there was no September board meeting due to Mr. O'Connor being out of town.

MANAGEMENT REPORT

Mr. O'Connor reviewed key points of the September 2004 financial statements, as follows:
- Income year-to-date $ 100,956 budgeted $ 102,596 actual
- Operating expense year-to-date $ 105,874 budgeted $ 103,145 actual
- Net operating income year-to-date $ (4,918) budgeted $ (549) actual

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

OLD BUSINESS

Homeowner Directory-President Fife reported that the project of creating a homeowner directory was proceeding and it is planned to distribute them in January 2005.

NEW BUSINESS

Plum Creek Boulevard Extension-Mr. Kramer reported that infrastructure work is proceeding on the Heckendorf Ranch project, which is increasing the construction traffic around the barrier at the south end of Plum Creek Boulevard. The board requested that Mr. O'Connor write a letter to Mayor Ray Waterman reminding him that the Town Council's approval of the Crystal Valley project and the Heckendorf Ranch project included the prohibition of using Plum Creek Boulevard for construction traffic until certain criteria were met and none of those have been obtained as of present.

Snow Removal Contract-Motion was made, seconded and passed unanimously to approve the snow removal contract for 2004-2005 that was submitted by Douglas County Maintenance & Repair.

ADJOURNMENT

At 7:50 p.m., a motion was made, seconded, and passed unanimously to adjourn the meeting.

NEXT MEETING-Wednesday, November 9, 2004, 7:00 p.m. at Philip S. Miller Library, 100 South Wilcox Street, Wells Fargo Room.