Present: Patty Werdowatz, President; Skip Kruszona, Treasurer; Charles Kachadoorian, Steve Huddleston and John Marsh, Directors, Kathy Michaels represented Preferred Property Managers (PPM). Alex Moore, Secretary was absent.

Call To Order: The meeting was called to order at 6:05 p.m.

Minutes: The minutes of the August 11, 2004 meeting Board meeting were approved as written.

Financial: The financial statement for the period ending August 31, 2004 were discussed and accepted subject to audit.

Delinquencies: No action needed.

Budget: The Board reviewed the budget draft and after making a few changes approved the budget with an increase of $7.00 per month per homeowner and a special assessment of $114 to be divided with $57 due in March and $57 in September to cover brush management, tree removal and sidewalk damage caused by trees.

Landscape: PPM advised there was no walkthrough at the end of August however a maintenance walkthrough as well as a landscape walkthrough would be conducted in September.

Clubhouse: John Marsh reported that everything is okay.

Pool And Spa: No report given. Frank Toto was present and expressed concern over the condition of the pool and spa, and decks. The Board requested PPM contact both the pool company and Mr. Toto and meet at the pool area to determine who has responsibility to remedy the problem.

Architectural: There were no requests presented.

Newsletters: The Board requested that a note be placed in the newsletter that there is no eating or drinking in the pool area and also requested that no smoking be done in the pool area.

Parking: PPM provided the Board with a list of the vehicles, which are violating the Rules. There were four vehicles on the list which have been parked in guest spaces the allowed number of times and the Board authorized PPM to contact Metro Safety the next time they are found to be parking in the area. Parking enforcement proposals provided by PPM were reviewed and the issue was table until the next meeting.

Old Business: The Board discussed the letter from the homeowner at [] Pine Knoll regarding removal of the patio cover. Board requested PPM contact the homeowner to verify if we were going to do the removal and replacement or if she would do removal and replacement. No architectural request will be needed, as she is replacing with like product.

New Business: Roofing: Carlos Stance with Monier Lifetile company came to the meeting to discuss the roofing materials for the association and indicated that they are no longer available and would continue to look to see if he can find the product in another location, he will report back to PPM. He will also provide vendors that he feels to be reputable and be able to install roofing tiles.

Correspondence: The Board reviewed correspondence from the owners regarding bicycle riding. PPM is to contact legal counsel regarding enforcement of rules relating to bicycle and roller blades. The Board also reviewed an email from CAI - CLAC regarding changes in the law relating to payment of assessments. PPM is to put a letter together which will be mailed to all owners as it pertains to this issue and submit to the Board for review

Next Meeting: The next meeting is scheduled for Wednesday, October 13, 2004.

Adjournment: The Meeting adjourned at 7:25pm to Executive Session to discuss legal matters and items of a sensitive nature.

Respectfully Submitted,