SILVER RIDGE HOA

MEETING OF THE BOARD

MINUTES

28 JULY 2003

The meeting was called to order at 7:21 P.M.

In attendance were Charles Bautz; Shannon Frith; and Bonita Martin, all Board Members; and Dania Aponte and Matt Gataky (joining at 8:00) of the ACC.

The minutes of the 11 June 2003 were approved as submitted.

TREASURER’S REPORT

The ending cash balance as of 30 June 2003 was $xxx. The Treasurer recommended that the Board review the existing executed contracts to assess the cost/benefits of each and if we should re-bid the contracts.

ARCHITECTURAL CONTROL COMMITTEE REPORT

The fences for the common areas have been painted/stained. The gate to the Silver Comet trail is missing the post for the second gate. Shannon agreed to purchase a new one and install it. Dania is redesigning the ACC Request Form and will provide a copy for the HOA website. Matt provided a hard copy of the ACC guidelines to be translated for website use.

OLD BUSINESS

Fences – The common area fences have been completed and an invoice received. Shannon will submit the invoice for payment.

Outstanding Dues – The Management agency confirmed that all homes with outstanding HOA dues have liens against them for such.

Landscaping Contract – Bonita obtained and provided copies to the attendees of the currently executed contract for landscaping services. The Board agreed to review the contract and be prepared to discuss it at the next meeting.

NEW BUSINESS

Bonita moved that the ACC send reminders to homeowners whose homes require lawn maintenance to remind the homeowners to attend to such (including lawn edging). The motion was seconded and passed.

Shannon moved that the ACC organize a community mailbox post painting event for the HOA. The Board and ACC will provide the labor and materials to paint the posts in the fall. The ACC will present its proposal at the August Board meeting. The motion was seconded and passed.

Shannon inquired if any of the retaining ponds were scheduled to be cleared this year. Bonita indicated that none were.

Bonita agreed to invite Laurence Smith, the HOA’s management agency representative.

Shannon agreed to make copies of the HOA’s contract with Neighborhood Management Associates for management services and distribute prior to the next meeting.

The next Board meeting was schedule for Monday, August 25 at 7:00 P.M. at Bonita’s home, 4415 Silver Ridge Way.

The meeting was adjourned at 8:35 P.M.