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

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

APPOINTMENT OF DIRECTOR: The Board appointed Alex Moore to replace Frank Toto on the Board to fulfill his term to April 2004.

MINUTES: The minutes of the meeting held February 12, 2003 were approved as written. The minutes of the Executive Session held February 12, 2003 were approved as written.

FINANCIALS: The financial statement for the period ending February 28, 2003 was accepted, subject to audit. The Board reviewed the budget variance recap.

The Board discussed allocation of the interest income and prior year changes into reserves. It was decided that Skip Kruszona would discuss with PPM for proper action.

The audit for 2002 was provided to the Board. All Board members will review the audit. Anyone with any questions will contact Skip Kruszona. Skip will then contact the auditor to review the questions.

MAINTENANCE: John Marsh discussed maintenance issues that were being completed.

LANDSCAPE: Ed Abeyta provided a landscape plan to the Board for their review and requested that each Board member provide him with any suggestions prior to the next meeting. Ed will provide updated replacement costs for plants prior to the next meeting.

The Board reviewed three proposals for tree removals throughout the community. Upon motion made, seconded and carried the proposal from Limback Tree Care for $4,514.00 was accepted. Ed Abeyta indicated that he had met with a representative from California Conservation Corporation to review the canyon clean out and that the proposal was to be provided in the next couple of weeks although the work would not start until May.

POOL/SPA: The Board reviewed the proposal from Patio Guys, Inc. for refurbishing the patio chairs at the pool area and purchase of three new umbrellas for the pool area. Upon motion made, seconded and carried the proposal was accepted the proposal for $966.96 and funds taken from Reserves. The work will be scheduled as quickly as possible. The Board discussed the problems with the drains around the pool area and requested that PPM contact J.A. Brien to obtain further clarification on the problem. The Board reviewed the proposal for Trendwest for work in the pool area and requested that PPM obtain at least one additional bid for the same work.

ARCHITECTURAL: The Board reviewed an Architectural Request Form for replacement windows at []. The Board declined the proposal based on the fact that the windows would not have the dark colored frames. PPM is to write a letter to the homeowner letting them know the Board's decision. The Board reviewed an Architectural Request Form from []. This request was approved as submitted.

NEWSLETTER: The Board made several suggestions for items that should be put into the newsletter for the upcoming month.

PARKING: Steve Huddleston presented a summary of information regarding signs for the community. The price for the signs and installation would be approximately $2500.00. Upon motion made, seconded and carried the proposal was accepted. Steve, John and PPM will work together to obtain the proper signage and have it installed.

OLD BUSINESS: The Board discussed the proposals submitted for replacement of the panels on a number of garage doors throughout the community. Upon motion made, seconded and carried the Board accepted the proposal from Castle Garage Door for $3,381.00.

The Board discussed the proposal from SCT for a reserve study for this year. Skip Kruszona explained why the reserve studies are supposed to be done and suggested that we attempt to get SCT to reduce their price to $1000.00. If done, the Board would approve the proposal. After discussion, the Board decided to provide a copy of the current reserve study and a sample of an SCT reserve study to all the Board members and table the issue until next month.

The Board requested that PPM obtain two additional bids from roofing companies for the annual maintenance of the roofs since there had been difficulty in getting Barta Roofing to provide such a bid.

The Board looked at the standards provided for window tinting in the community. The issue was tabled until the first meeting after the annual meeting.

ADJOURNMENT: There being no further business, the meeting was adjourned at 7:20 p.m. to Executive Session to discuss legal matters.

Respectfully Submitted,