Call To Order President Skip Kruszona called the meeting to order at 6:03 p.m.

Present Skip Kruszona, President; Greg Smutko, Vice President; John Marsh, Secretary; Rose Smutko, Director; Patty Werdowatz, Director; Terri Jackson, Director.

Board Members Absent Charles Kachadoorian, Director

Also Present Robert Walsh, Community Association Manager; Homeowners

Meeting Minutes Motioned, Seconded & Unanimously Approved the July 11, 2007 Regular & Executive Session Meeting Minutes with one correction being noted on the Regular Session Meeting Minutes.

Financials Motioned, Seconded & Unanimously Approved the July 2007 Financials subject to year-end audit.

The Board clarified for Management that the interest (shown under income) needs to be transferred to the reserves (as a journal entry only) on a monthly basis.

Delinquency List No action was required by the Board at this time.

Draft Reserve Study The Board President advised that he was going to contact Mike Graves with S.C.T. Reserve Consultants to go over the draft reserve study with him.

Homeowner Correspondence [] Rim Park Lane - The Board advised that they would be discussing this in Executive Session.

Insurance The Board asked that James Conway with Farmers Insurance provide an Earthquake proposal to the Association for the Board to review. The Board deferred the Earthquake Insurance proposal from I.M.S. at this time.

The Board advised that legal counsel would be providing insurance specs so the Association may obtain accurate insurance proposals. When these specs were available Farmers Insurance, and I.M.S. would need to re-bid accordingly.

Landscape The Board decided to defer the WestStar Landscape proposal in the amount of $595.00 for the installation of irrigation along the top of the canyon walkway.

Motioned, Seconded & Unanimously Approved the WestStar Landscape proposal in the amount of $975.00 for the installation of a drainage system at [] Park Crest Lane.

The Board decided to defer the WestStar Landscape proposal in the amount of $1,575.00 for the installation of round rock by parking spaces due to foot traffic.

Motioned, Seconded & Unanimously Approved the WestStar Landscape proposal in the amount of $2,795.00 for the removal of acacias along the canyon by Lemonwood Lane & Park Crest.

The Board decided to defer the WestStar Landscape proposal in the amount of $5,825.00 for the installation of a drainage system along [] & [] Rim View Way.

Maintenance Motioned, Seconded & Unanimously Approved the Saber proposal in the amount of $2,374.05 for various concrete grinding around the community.

Motioned, Seconded & Unanimously Declined the proposal from Top Notch Construction in the amount of $16,725.00 for various concrete grinding & replacement around the community.

New Business The Board asked if Management they could find out what other Association's may be doing in regards to violations caught on camera. The Board would like to see how other Associations are handling this.

The Board advised that the Association would reimburse the Landscape Committee for the any costs associated with having to attend the up coming landscape class.

The Board advised the membership present that they would obtain a copy of the draft CC&Rs that the Board & Legal Counsel is working on before they were put in place.

The Board asked that Legal Counsel be contacted regarding a leaking pipe in the common area that services only one unit. The Board wants to know who would be responsible for this leaking pipe.

Adjournment Motioned, Seconded & Unanimously Approved to adjourn at 7:09 p.m.

Submitted by
Robert Walsh
Community Association Manager