PRESENT: Patty Werdowatz, President; Skip Kruszona, Treasurer; Alex Moore and John Marsh, Directors. Kathy Michaels represented Preferred Property Managers (PPM). Steve Huddleston, Ed Abeyta and Scott Linek were absent.

CALL TO ORDER: The meeting was called to order at 6:00 p.m.

MINUTES: The minutes of the meeting held May 14, 2003 were approved as written.

FINANCIALS: The financial statement for the period ending May 31, 2003 was accepted, subject to audit. The Board discussed the budget variance recap. The Board scheduled a budget meeting for July 19 at 9:00 a.m. and asked PPM to prepare a proposed budget.

MAINTENANCE: John Marsh discussed maintenance issues that were being completed. John advised the Board that Top Notch was performing a lot of wood replacement that was turned up by the painting project. John reported a problem with the paint on garage doors along Quemado. It was agreed to have Vidosh Painting paint those garage doors.

LANDSCAPE: Audrey Lee indicated there was nothing special to report. The frontages had been completed.

CANYON TASK FORCE: Kathy Michaels reported that she had not heard back from CCC on scheduling the work on the canyon. PPM will follow up and report to Ed Abeyta.

CLUBHOUSE: PPM indicated that a couple of homeowners had requested access to the clubhouse so they could play pool. The Board reiterated the policy that the only access was by rental and requested that PPM write the homeowners.

POOL/SPA: Alex Moore reported that the deck work had been completed. The Board discussed the condition of the spa and upon motion made, seconded and carried agreed to have the spa emptied and the filters cleaned every 45 days. Alex Moore will contact the pool company to discuss.

ARCHITECTURAL: There were no requests for the month

OLD BUSINESS: Garage Doors - PPM reported that arrangements were being made to repair the three remaining garage doors through Castle Garage Door.

NEW BUSINESS: Clubhouse Deposit - PPM suggested the Board consider initiating a cleaning deposit for the rental of the clubhouse. The issue was tabled. Homeowner for [] Edge Park Way requested insurance coverage for water damages due to a hot water heater bursting in the unit. The Board asked PPM to contact the homeowner and advise that they should file with their own insurance and if the damages exceed $10,000, they may then contact the Board for any overage.

ADJOURNMENT: There being no further business, the meeting was adjourned at 7:00 p.m. to Executive Session.

Respectfully Submitted,