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

Absent: Alex Moore, Director.

Call To Order: The Meeting was called to order at 6:00 p.M.

Show Cause Hearing: [] Rimview Way - The homeowner was present to discuss the damage to the landscape and suggested the Association might want to install a fence or bushes in this area. No Action was needed. PPM will check the area on the next walkthrough.

Minutes: The April 13, 2005 Organizational Meeting Minutes were approved as written. The Board had no changes to the Annual Meeting Minutes which will be brought before the membership at the next Annual Meeting for approval.

Financial: The Board reviewed the financial statement for the period ending April 30, 2005. The Board agreed to accept the financial statement as submitted, subject to audit.

Delinquencies: There were no delinquent homeowners.

Landscape: The Board reviewed the landscape walk through notes from April. No action was required.

Clubhouse: No Report.

Pool/Spa:
Pool Access System:

PPM advised the Board that the Board for Villa Monterey Condominium Association might be interested in changing out the locks but requested more information regarding which locks would be changed and the cost involved, and how the costs would be split between the Associations. The Board requested that PPM contact Alex Moore to ask him to investigate more into the proposed system.

Architectural: There were no arc requests submitted.

Parking:
Patrol Service:

The Board reviewed the proposals for a patrol service but agreed to table the issue at this time.

Old Business:
Wood Replacement Project:

Bob Dauffenbach expressed his opinions on the quality of work being done and requested that PPM set up a meeting with Commercial Building Services, PPM and him to make sure everyone had the same expectations.

Termite Tenting:

Bob Dauffenbach reported on the current status of negotiations with Terminex on damages to his building during the tenting.

New Business: The Board reviewed proposal for removal of the downed trees in the canyon due to the winter rains. Upon motion made, seconded and carried, the proposal from Limback Tree for $12,395.00.

Correspondence: The Board reviewed the correspondence as follows: [] Rimpark Lane the board discussed the correspondence regarding water intrusion and requested that PPM have two contractors take a look at the patio door area of this unit to determine if the caulking was proper and have necessary repairs made to the exterior. Clubhouse Rental - the board discussed the rental of april 22 and agreed to access an additional fine of $50.00 for violation of the noise from the party after hours. The entire deposit will be used for cleaning, trash and noise.

Next Meeting: The next meeting is scheduled for June 8, 2005, at 6:00 p.m. in the Association's clubhouse.

Adjournment: The meeting was adjourned to executive session at 7:45 p.m.

Respectfully Submitted,