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

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

Minutes The December 8, 2004, Board of Directors Regular Meeting Minutes and Executive Session Minutes were approved as written.

Financial The Board reviewed the financial statement for the period ending December 31, 2004. The Board agreed to accept the financial statement as submitted, subject to audit.

Delinquencies The Board reviewed the delinquency recap sheet and no action was required.

Clubhouse
Clubhouse Rental Complaints:

There were written and verbal complaints received regarding incidents from a clubhouse rental use in December. The Board requested PPM to send a Show Cause Hearing notice to the owners for the February meeting at 5:45 p.m. At that time the Board will decide if a fine is necessary based on the complaints received.

Old Business
Major Sidewalk Repairs:

PPM reported that the sidewalk repairs will begin the week of January 17th, and all concrete grinding and replacement is scheduled for completion by the end of January.

Insurance Coverage:

Insurance agent, Phil Glorioso, will attend the February meeting. An article will be placed in the newsletter to inform owners of the date and his availability to answer any of their questions or concerns.

New Business
2005 Painting Project:

Vidosh Painting requested to begin painting of two buildings in February, and two more buildings in March. The Board requested that PPM advise Vidosh to postpone the painting to two buildings in March, and two buildings in April. The wood replacement project will need to be completed before the painting can begin.

Wood Replacement:

PPM gave suggestions to the Board on ways to obtain bids for wood replacement. The Board agreed that bids from Top Notch Construction, M&M Builders and Protech Building Services would be requested.

Termite Tenting Proposals:

The Board reviewed the proposal submitted by Dewey Pest Control for tenting buildings [] through [] Rimpark Lane. Motion was made, seconded and carried, to accept the proposal at a total cost of $6,328.00 to tent these buildings. PPM and homeowner, [], will coordinate the work for this project.

Appointment Of Board Member:

Scott Linek has given his resignation from the Board. After discussion with Robert Dauffenbach, a motion was made, seconded and carried, to accept the resignation of Scott Linek and appoint Robert Dauffenbach to serve the remaining term that will expire in April 2007.

Next Meeting The next meeting is scheduled for February 9, 2005, at 6:00 p.m. in the Association's clubhouse.

Adjournment The meeting was adjourned at 7:00 p.m.

Respectfully Submitted,