Cherry Creek Vista Homeowners Association

Board Of Directors

April 12, 2006 - Minutes

Cottonwood Creek Elementary

Board Members present:

Barbara Ariss, Terry Godwin, Jim Hooten, Chris Pyms

Guests:

Don LaBrot (Management Company), John Wallace (homeowner), Tom Spiknell (non Board Member/non homeowner)

Board Members absent:

Don Bergal, Lim Lamb, Bob Shenkenberger, Pete Whitaker, Kris Skaff

The meeting was held at Cottonwood Elementary School and was called to order at 7:05pm.

Due to the lack of a quorum, no items were officially voted on.

Discussions:

John Wallace, a CCV homeowner, addressed the board about concerns that he had regarding the trash contract, the recent removal of the bulletin board from the website and the type of investments that the board has chosen for the reserve funds.

Don LaBrot distributed and presented information on the following documents:

Balance Sheet as of March 31, 2006

Profit and Loss Budget vs. Actual

Web Site Report

Covenant Inspection Status – Inspections are now being done twice a month (as of this April). The president asked that the board members review a property listed on the Covenant Inspection Status report (Kenton Way) and email her with their opinion as to whether we should proceed with legal action. Don also distributed a child’s finger printing kit that our insurance company (Farmers) gives out. He will check into having them sent to all the homeowners.

Annual Meeting (May 17^th) Discussion - Review of the ballot and voting procedures

Our legal council said a secret ballot is required and that we should have a policy on our voting procedures in writing even though it is not required. They reviewed and approved the procedures we submitted. Terry suggested putting the maximum number of candidate votes allowed on the ballot and putting a clarification in the procedures as to who will be counting the ballots. Don will add “the president will pick 3 individual homeowner’s in attendance who are not running for election, to serve as ballot processors. A copy of a secret ballot and secret ballot procedures will be emailed to all board members for their approval.

Agenda Items for Annual Meeting:

Barbara will look into getting a speaker about identity theft (as suggested by Terry). No other topics were suggested.

Spring Clean Up Day - A date of June 17^th as first choice and June 10^th as second choice was picked for our Spring Clean Up Day. Don will check with the trash company to confirm. A postcard will be mailed to the homeowners to let them know about the special day for the curbside trash pick up of large items.

Landscaping - Barbara will contact the landscaping company to check on the planting of annuals and to have them cut back the winter grasses.

Summer Social - August 20^th was chosen as the date for this year’s Summer Social. Barbara will check with Kris Skaff to see if she is willing to coordinate it again this year and to see if maybe she can get the face painter again. She will also give Kris the name of a homeowner who is an event planner and has expressed an interest in helping with the planning.

Meeting adjourned 8:20pm.