Greenview Farms HOA Annual Meeting

November 11, 2015

Meeting AgendaIntroductions New Neighbors & Yard of Merit Damage caused by beaversTreasurers Report / Budget ProposalArchitecture Control Committee UpdateUpdate to CCR’s and By Laws2016 Board Elections

2015 Board Members

Chris Ingebrigtson - PresidentDiane Ramos – Vice PresidentJim Williams - SecretaryJack Stiegler - TreasurerJim Johnson – ACC Chairman

Welcome New Neighbors

Ken & Gala Jenner – 11712 37th

Chris & Alyssa Campbell – 11714 37th

Welcome New Neighbors

Mary & Tom Carlson – 3318 115th

Dan & Jana Cuenca – 3122 115th

Welcome New Neighbors

Andy & Lisa George - 3327 115th

Yard of Merit Winners

Spring - Priebe Family Summer - Farmer Family

Fall - Rolfe Family Holiday – Stiegler Family

Beaver Damage

Beaver Damage

Financial Report

Bank Balance 12/31/2014 9,207.53

RevenueAssessments 8,322.60

ExpensesAdministration 103.20Sign Maintenance 1,658.15Community Builders 337.34Mailbox 500.00Insurance 2,447.00Pond Maintenance 2,000.00Website 160.33Storm Damage 1,367.19Total Expense 8,573.21

Operating Losss 250.61

Bank Balance 11/10/2015 8956.92

2015 Operating Statement

Retention Pond Storm Damage

Cleanup and Repair Fence $1367.00

New Sign Landscaping

South - Replace Maple Tree - $500

North Replace Planter Shrubs - $135

2016 Planned ExpenseProjected 2015 Planned 2016

Expenses

Administration 150.00 200.00Sign Maintenance 1,750.00 1,100.00Community Builders 450.00 450.00Mailbox 500.00Insurance 2,450.00 2,500.00Pond Maintenance 2,000.00 2,000.00Website 160.00 100.00Storm Damage 1,367.00Legal Fees 2,000.00

8,827.00 8,350.00

Proposed 2016 Assessment

Annual Assessment $165.00

Prompt Payment Credit $25.00Electronic Message Credit $20.00

Net Assessment $120.00

Projected Revenue ( $120.00 X 69) $8280.00

Neighboring Community Assessments

Emerald Forest $430

Georgetown Estates $450 - $480

Kensington Estates $300 - $350

ACC Activity

ACC Activity Summary7 ACC actions in 2015Approval Requests: greenhouse, shed,

house paint, fencesObstructed mountain viewGarbage cansBoats & Trailers

Update CC&r’s and By Laws

Covenants, Conditions & RestrictionsMore than one third of the content of this document consists of language which refers to the rights and duties of the developer.

This is no longer relevant and in places creates confusion to those who are trying to interpret the intent of sections.

Removing this language will make the document shorter and much easier to understand.

Covenants, Conditions & RestrictionsIssues that require review and clarification

• Noise control both animal and homeowners

• Mountain Views

• Architectural Standards

• Definition of Landscaping/Maintenance

• Others to be determined Based on Feedback

Bylaws Update

• Number of Directors (Conflict with CC&R’s)

• Annual Meeting Date

• Rotating Directors Terms

Document Update Process1) Board determines the need to proceed

2) Survey sent to all members

3) Rough Draft prepared by committee

4) Consultation with an attorney (Decision Point)

5) Final Document developed

6) Review by attorney

7) Voted on by the membership (CC&R’s -51%) (Bylaws 2/3)

8) Filed with State if and when approved.

Questions / Discussion

Election of the Board of Directors

AdjournThank you