Annual General Meeting Home Owners Association Tuesday , November 2nd, 2010

Today’s Agenda Meet the Directors President’s Update - Venkat Highlights for 2010 Treasurer’s Report - Proposed 2011 Budget Ratification of Annual Dues Landscaping Report Elections and Voting Question and Answers

Meet the Directors Venkat Yendapali– President Ashish Arora Shobit Brad Halbach – Landscaping

President’s Update What a year! -Woodbridge holds value in current market 2010 was a very mild summer, Water Savings 4th July party, was another big success

Highlights and Updates for 2010 4th of July Community Improvements City Updates Costco 188th 185th

Treasurer’s Report 2010

Annual Dues Dues to go down to $520 Discussion: Reserve Funds We continue to reduce fees annually but want to continue to maintain a reserve for projects It’s the responsible thing to do Budgeted expense vs. extraordinary meetings and resolutions Discussion: Reserve Funds Required for contingencies Possible outsourcing of dues collection

2011 Budget Proposal

Landscaping Update Rich Landscaping Irrigation Repairs Improved Service Irrigation Repairs Overall much better irrigation performance and savings Trees, shrubs, and general beautification in October

Looking for community Improvement Ideas Suggestions for Redmond Grant Projects Redmond will provide a $5000 grant per year for projects that improve the community. Please submit your ideas for 2011 projects.

Election of Directors 2 Director posts up for elections Term ending 2013. Please keep in mind your vote is extremely important.

Nominations What are you passionate about? Parks, Events, Administrative, Social More involvement starts with you Make a difference! Put it on your resume too! Demonstrates Leadership / Management potential

Candidates for Director’s posts

Open Forum Question and Answers