PLUM CREEK MASTER HOMEOWNERS ASSOCIATION
BOARD OF DIRECTORS MEETING
www.plumcreekhoa.com
SEPTEMBER 14, 2005

CALL TO ORDER & VERIFICATION OF QUORUM

The meeting was called to order at 6:00 p.m. by President Jason Johnson. Also present were Board members Ross Fife, Tom Flenner (Vice President), Al Holowinski, and Mark Kramer (Treasurer), as well as John O'Connor of Pristine Communities, Inc. Board members Christine Foote (Secretary) and Dave Watts were absent. President Johnson noted there was a quorum.

APPROVAL OF MINUTES

Motion was made, seconded, and passed unanimously to approve the minutes of August 10, 2005, as presented. The minutes will be posted on the website.

MANAGEMENT REPORT

Mr. O'Connor reviewed key points of the August 2005 financial statements, as follows:
- Income year-to-date $ 84,428 budgeted $ 84,737 actual
- Operating expense year-to-date $ 88,966 budgeted $ 106,691 actual
- Net operating (loss) year-to-date $ (4,538) budgeted $ (21,954) actual

Mr. O'Connor noted the major negative variance was for landscape improvements.

Mr. O'Connor also updated the board regarding several delinquencies.

OLD BUSINESS

Netafin Project-Duane Farnsworth with Douglas County Maintenance & Repair (DCMR) was present at the meeting to respond to questions from the board regarding Netafin issues. Discussion centered on Smart Clocks (moisture sensors) to decrease water usage and lower water bills. It was noted that the Town was in favor of this type of control system. It was also noted that the current system would continue to be used for flowerbeds and shrubs. Mr. O'Connor was requested to set-up a meeting with appropriate Town representatives to discuss water taps and other issues.

For budgeting purposes, the board discussed a plan for the south half of the boulevard to be completed in fall 2005, and the north half in spring 2006. DCMR was requested to submit a contract proposal for installation of Netafin and Smart Clocks based on this plan and to include upfront material costs for the spring 2006 installation. Mr. O'Connor will distribute DCMR's contract proposal to the board members and obtain telephone approval to proceed with this project.

NEW BUSINESS

Traffic Control System-Discussion was held regarding installing powered speed limit control signage on Plum Creek Boulevard and Mount Royal Drive. Mr. O'Connor reviewed for the board details regarding the RU2 System and provided cost estimates. Mr. O'Connor was requested to confirm the cost for 6 to 8 units, plus one portable monitoring station and camera, and to determine the possibility of Town participation in the cost.

ADJOURNMENT

At 6:45 p.m., a motion was made, seconded, and passed unanimously to adjourn the meeting.

NEXT MEETING-Wednesday, October 12, 2005, 6:00 p.m. at Philip S. Miller Library, 100 South Wilcox Street.