Home Owners association Annual meeting November 14, 2018 Village at Rolesville Home Owners association Annual meeting November 14, 2018

Objectives Presidents Report Approval of 2017 Annual Meeting Minutes Financial Review / 2019 Budget Ratification Committee Reports Who is CMG Introduction of Candidates/Election Review of Questions Submitted by Homeowners Election Results Raffle and Adjourn

Financial Performance Review Operating Income Review

Financial Performance Review Expenses

Financial Performance Review Expenses

Financial Performance Review Expenses

Financial Performance Review Budget vs Actual

Ratification of 2019 Budget 2019 Budget - Action 2019 Proposed Budget $200,750 Reduction of expenses primarily related to $16,000 in property management costs $5,000 in turf care and grounds management $11,000 contingency operating funds Ratification of 2019 Budget

Committee Reports Architectural Review – Rob Niesel Social – Bryant West Recreation and Grounds – Jimmie Sanders Community Watch – Cornell Maye

Architectural Review Committee (ARC) ARC Committee Year in review Review Applications for Architectural Change Ensure the request complies with community guidelines Provide guidance to homeowners regarding change requests Submits decision based on change request information, guideline compliance and committee discussion 39 Applications processed New Committee Members 2019 plan to review and update Architectural Guidelines

Violation of Covenants Through August

Social Activities 2 Yard Sales (Spring and Fall) Pool opening party Summer DJ Series Adult Social - TBD Gameday Event - TBD

Recreation and Grounds Picnic Area Pool resurfacing Gazebo Repairs

Community Watch Village at Rolesville Police Stats Community Watch Recommendations Update from the Rolesville Police

Cedar Management Group Rob Stupar Property Manager Who is CMG How does CMG Operate

Board of Directors Election Introduction of Candidates Vote – Collection of ballots and proxies

Wrap Up Questions Raffle Introduce 2019 BOD Adjourn