Annual Homeowner Association Meeting October 28, 2018 Vchfdhgdf bdfhb

Thanks to our homeowner volunteers! This group helps the subdivision realize significant savings by managing the common areas and other responsibilities: John Byers (Cabana, Pool,Landscaping, Common Areas) Mark Dibble (Tennis Courts) Monica Gilroy (Hospitality) Eric Brummond (Architectural) Dennis Potts (Architectural) Phil Hurwitz (Web site)

Welcome New Neighbors Dan and Beth XX (grown children) Kevin and Betsy XX (grown children) Andrew and Debbie XX (with 3 children) Kaitao Li and Wanrui XX

2018 in Review New storage room added at cabana Replaced locks on pool gate, cabana restrooms, cabana kitchen, cabana storage room, tennis court gates Planted junipers and other landscaping on cabana bank Trees trimmed around cabana and parking lot Front entrance lighting improved Front entrance flower beds raised and moved Pool fence replaced (expense in FY19) Covenants and Bylaws re-typed and updated

New Business Accept the 2019 budget. Review common area enhancements for 2019 Reminder of process for review & approval by Architectural Standards Committee Reimbursement process

2018 Large Expenses Replaced locks on pool gate, cabana restrooms, cabana kitchen, cabana storage room, tennis court gates: $4000 Planted junipers and other landscaping on cabana bank: $1000 Trees trimmed around cabana and parking lot: $1700 Front entrance lighting & sprinkler repair/replace: $1100 New cabana storage room: $3875 Repair/replace pool pump, light: $1619

2018 Line Item Budget Detail Budget vs. Actual

2018 Line Item Budget Detail Budget vs. Actual

Net Income Replaced locks on pool gate, cabana restrooms, cabana kitchen, cabana storage room, tennis court gates: $4000 Planted junipers and other landscaping on cabana bank: $1000 Trees trimmed around cabana and parking lot: $1700 Front entrance lighting & sprinkler repair/replace: $1100 New cabana storage room: $3875 Repair/replace pool pump, light: $1619

Year-end Cash Balances Bank Account amounts as of 9/30/2018 Checking $ 1,367.07 Insurance Reserve $ 10,000.00 Capital Reserve $ 8,519.54 Total $19,886.61 Approximately same as last year

Forecasted Capital Projects 2018 2019 2020 Built storage room for pool furniture Numerous common area landscaping repairs and improvements Continued Cabana upgrades – TBD based on expenses, but including: Grilling area*+ Counter Space*+ Upgrade cabana security cameras Paint cabana restrooms Replace pool fence (done) Re-paint/patch tennis courts to extend warranty another 5 years ($6K) Tennis Seating enhancement* Continued Cabana upgrades – Bathrooms* Kitchen* *aligned with Master Plan from consultant +received quotes; await Contractor availability 2021: Resurface pool deck?

2019 Proposed Budget

Fox Creek Government Nominate and vote for 3 Board Members to succeed Smith, Byers, and Zajkowski for 2 year term Ask for new volunteers for Committees (e.g. Hospitality) Incumbent volunteers to continue Property Management tasks: Landscape maintenance (John Byers) Cabana maintenance (John Byers) Tennis courts (Mark Dibble)

Questions and Discussion

Thank you for attending the 2018 Annual Fox Creek Homeowner Association Meeting