Present: Skip Kruszona, Treasurer, Steve Huddleston, John Marsh, and Charles Kachadoorian, Directors. Kathy Michaels represented Preferred Property Managers. Absent were Patty Werdowatz, Alex Moore and Scott Linek.

Call to Order: The meeting was called to order at 6:00 pm.

Minutes: The Minutes of the March 10, 2004 meeting were approved. The Minutes of the Organizational Meeting from April 15, 2004 were approved.

Financials: The financial statements for the period ending April 30, 2004 were accepted subject to audit.

Delinquency Recap: The Board reviewed the delinquency recap. No action was needed.

Clubhouse: John Marsh reported that the tables had been refinished in the clubhouse.

Pool and Spa: PPM reported that three new umbrellas had been ordered. John Marsh suggested that some seating be made available at the spa area. PPM suggested a permanent bench be installed. The Board approved. PPM is to measure and determine whether one or two benches are appropriate.

Parking: The Board reviewed email from Metro Safety regarding ticketing and towing. The Board agreed that the revised parking and use of garage rules dated November 12th needed to convey that homeowners can park for two days within a seven day period, but any more than two days would be considered one violation, and a second violation within a 30 day period would be grounds for towing. PPM will mail this revision with the monthly billing.

Old Business:
Roof Maintenance

Skip Kruszona requested that PPM contact two additional roofing companies to determine whether or not replacement tiles can be found. It was also requested that PPM contact Paradise Roofing to obtain the report that outlines how many tiles were replaced on each roof, and each roof the tiles could not be replaced on prior to paying the invoice.

Painting

John Marsh reported that every thing was set to go for the painting project. Skip Kruszona provided the name of a company called Oh Painting to paint any wood that has been replaced and primed prior to the building being painted so that it won't take as long to wait for that.

New Business:
Insurance

PPM is to follow up with Phil Glorioso to verify that he will be at the July meeting. Notices will be sent to homeowners in the July billing indicating that an insurance representative will be attending the meeting.

Garage Doors:

The Board requested that PPM contact Castle Garage Door to make sure they have a couple of doors available on hold for possible damages in the future.

Next Meeting: The next meeting will be June 9, 2004 at 6:00 p.m. in the Clubhouse.

Adjournment: The meeting was adjourned at 6:30 pm.

Respectfully Submitted,