HAWKES BLUFF HOMEOWNERS^t ASSOCIATION

Board Meeting

Date: Tuesday, December 28, 1999

Location: Mo Christie's House

Directors

Present: Howard Neu, Mo Christie, Gretchen Farmer, Jay Stahl, John Pickett, and Mike Murphy

Director

Absent: Jeff Stoller

The meeting was commenced at approximately 7:35 P.M.

The minutes of the December 7, 1999 meeting were approved, subject to one correction being made.

Old Business:

1. North Entrance Sign. Rolf Bodstrom notified the Board that before proceeding he needed to obtain the tax folio number of the property where the sign will be located, as the property is owned by the Town. Mike Murphy volunteered to contact the engineering department to see what we needed from the Town in order to have the sign installed. Once the sign is installed, the Association will have the responsibility of maintaining the improvement.

2. Lights. Jay advised that one of the lighting fixtures on Dykes was missing. Mike said that it had been removed in order to be repaired. A vote was taken, and unanimously passed, to upgrade the lights on Dykes.

3. Storage Facility. Jay advised that he had signed the contract for a 5 x 8 storage unit at Budget Mini Warehouse. The cost for a six month rental would be $315.86, with the last two months at $1.00 per month. The monthly rental amounts to $74.00 when a full year lease is signed, with the 13th month free.

4. Budget. Don Elbert appeared at the meeting to assist the Board with the 1999-2000 Budget. The Budget was reviewed on a line per line basis and various changes were made after discussion. The revised Budget would be reviewed at the next Board meeting and hopefully would constitute the final Budget. Jay advised he would prepare and have ready for mailing the assessment notices and meeting agenda.

New Business:

1. Landscape Improvements along Hawkes Bluff and Huntridge (in front of the lakes). It was discussed the need for landscaping in front of the lakes, to help cut down on the damage to the sprinklers and grass. Gretchen requested that the improvements not include a bench as it would possibly cause more people to come upon her property, thereby increasing the risk of injury to those third parties. The Board agreed to her request.

The next board meeting will be January 18, 2000, at Mo's house, to finalize the Budget. The next general meeting will be January 25, 2000, at the community center.

There being no further business, upon motion duly made and seconded, the meeting was adjourned at approximately 9:15 p.m.

Respectfully submitted

Gretchen Farmer

Recording Secretary