Lakes on Eldridge Annual Meeting November 8, 2017

Agenda Introductions 2017 Major Accomplishments Financial Report – Assessment $1460 Election of 2 Directors Appreciation of Volunteers Flood Update Announcement of Election Results Questions and Answers – Written Questions

Board Members David Westphal/Carlon Thorpe – President Gary Fehsenfeld – Vice President Michel Hayek/David Westphal – Secretary Erik Roussel – Treasurer Sue Strebel – Director at Large Christi Keller – Creative Management Co.

2017 Major Accomplishments Gate Cameras at all entrance and exit gates Cameras record 30 days of entry/exit data Gate Camera Installation

2017 Major Accomplishments Complete Refurbishment New Structural Beams New Flooring Pedestrian Bridge at Turkey Creek

2017 Major Accomplishments New landscape beds at Ginger Ponds and Heather Run Entrances New Plants at 6 Neighborhood Entrance Monuments Landscaping

2017 Major Accomplishments Segments with severe cracks or dents replaced + new skimmers Before Repairs allow for future resurfacing After Pool Deck Repairs

2017 Major Accomplishments Replacement / leveling of broken or low sidewalks (ongoing program) Maintenance

2017 Major Accomplishments Enhanced transparency and Focus School zones Speeding Stop signs Street parking Access Control Notice of Infraction Increased Safety Awareness

2017 Major Accomplishments Monthly Friday Night Social Monthly Special Events THANK YOU TO OUR SOCIAL COMMITTEE Community Life

Financial Report - 2017 Income

Financial Report - 2017 Expenses

Financial Report - As of 09/30/2017 Income : $1,093,985.85 Expenses : $1,004,983.58 Net income : $89,002.27 Operating fund balance : $315,692.43 Reserve fund balance : $771,440.03 Projected to finish year on budget Assessment collection rate over 99%

Financial Report - 2018 Assessment 2018 Assessment will be held at 2013, 2015, 2016 and 2017 rate of $1460

Nominations from the audience Election of 2 Directors Gary Fehsenfeld John O’Keefe David Westphal Nominations from the audience

Appreciation of Volunteers MUD 341 Russell Rush, Bob Wegner, Mark Durka, Christine Mink Welcome Committee Barb Campbell, Clive Garner, Marian Gleize, Linda Higdon, Kim Treas* Social Committee Veerle Swinnen*, Sue Jolly, Sue Strebel, Sylvere Belliot, Carrie Loid, Karen Parker (Holiday Market), Kim Treas (National Night Out) Family Committee Christine de Ciro*, Kris Dixit, Jennifer Kharrazi, Mandy Kin Lakes and Wildlife Betty Burkett*, Maggie Wegner Landscape Gary Fehsenfeld*, Carlon Thorpe

Appreciation of Volunteers Architectural Control Gary Fehsenfeld*, Alphine Freeman, Sharon Flynn, Friedel Liptay, Kim Treas Safety Committee John Bain, Mark Durka, Eddie Ilavia, Erik Roussel*, Mike Smith, Tony Staples, Bob Wegner Bus Stop Committee Judi Ilavia, Suresh Rao, Erik Roussel*, Julie Alderson Tennis Ann Criswell, Judi Ilavia, Erik Roussel*

Flood Update – Impact to Facilities Clubhouse including main building, workout room, flex room, office, and auxiliary buildings all damaged Pool baths showed additional heavy damage after sheetrock cut Gate house severely flooded and additional damage discovered All gate electronics & all gate cameras

Flood Update – Impact to Facilities Fountains – All but one panel damaged; 3 pumps damaged The bridge near the Clubhouse was hit by a power boat. Landscaping turf was damaged by many ruts and a large number of plants drowned. Full community clean-up required

Flood Update – Clubhouse

Flood Update - Gate House

Flood Update – Pool Bathrooms

Flood Update – Status of Remediation Clubhouse facility All damaged materials removed. Re-construction bid for primary facility awarded this week. The Pool Bath and Gate House contract awarded last week; construction has begun. Pool has been cleaned/restored 3 Pool pumps replaced Tennis courts cleaned Volleyball court sand replaced

Flood Update – Status of Remediation Playgrounds inspected, cleaned and new kiddie mulch installed Fountains – 20% operational Heather Run and Ginger Ponds gate electronics replaced Main gate electronics – December Landscape ruts repaired Landscape plant restoration – prior to yr end Irrigation pump replaced

Flood Update - Financial The HOA had flood insurance. Facility was inspected by adjuster on 9/8/17 Insurance evaluation received mid-October for Clubhouse facility ONLY. Questions remain! Still waiting on all other claims including contents, fountains, gates, tennis courts, etc. 2% deductible; Maximum = $39,400. Opportunity to enhance facilities

Flood Update- Upgrades to Facilities Pool baths Hot water, full renovation Add drinking fountain at tennis / volleyball courts Gate house Mini split for heat/cool, removal of external conduits, renovation Main building Enhanced sound barrier between workout room and main room

HOA Election of 2 Directors ELECTION RESULTS

Questions and Answers

Lakes on Eldridge Lake C Lake A1 Lake F Lake A Lake B Lake D Lake G Lakeshore Ridge Bristol Bank Lake B Lake D Lake G Lake H Lake E

Flood Review

Flood Review