Introduction of Board, Visitors and Attendees…. LPW HOA Annual Meeting MASON LIBRARY October 12th, 2016 7:00 PM Agenda Intent Call to Order Certification of Quorum Prior Annual Meeting Minutes Presidents Report 2016 Year to Date 2017 Goals Financial Report 2016 2017 Other Business Adjournment Information Updates Community Feedback Introduction of Board, Visitors and Attendees…. www.lafayetteparkwest.com Email: info@lafayetteparkwest.com

AGENDA ITEMS 1-3 Call to Order Certification of Quorum Prior Meeting Minutes (2015)

AGENDA ITEM 4: Presidents - Boards Report From May 16 to today….. Security Information Environment Parking Additional Lighting Website Updates New Trash Policy/ Signs Yellow Curb Painting Home based Business Traffic Stopped Next Door.com CPC Environmental Spill Codification of five guest APC spaces Fence Line Clean up Architectural Review Correspondence with FFx Leadership New Tree Planting Tree Removal “Vacate” APC Project Additional Pest Control Measures 2016 Reserve Study Erosion Control 2017 Way Ahead Complete DCCR and Policy Review Cost Benefit Analysis of APC Repave, mark and Stripe Parking Lots Recruit the 2017 – 18 Board

AGENDA ITEM 5: 2016 SPENDING YEAR TO DATE Bottom Line: The Association is on track to spend approximately $12,870 more than budgeted in CY2016 START: $91,164 ESTIMATED FINISH: $104,034 Why? Planned Actual Issues DELTA $5744 *Grounds - General $17284 LED Street Lights 7 Homebased Spotlights Erosion Control Measures Environment Spill Log Crib (11540) $8000 *Trees New & Removal $13266 3x Iterations by JL Tree No Mans Land Ravensworth Power (5266) $3840 Snow Removal $6544 2016 Blizzard (2704) $2500 Legal $5050 Document Review Collection Costs Retain Fee (2050) ENDSTATE *Per new Reserve Study Lights, Erosion Control and Trees are paid from Reserve Funds When books are balanced for 2016, funds from Reserve will be transferred to cover $(16806) in Grounds/Trees

Special Assessment (Annual) to cover the “gap” AGENDA ITEM 5: FINANCIAL REPORT 2017 DUES INCREASE $97,850 $104,034 FROM $1000 to…$1100 Annually Fully Funds the New Reserve Study, currently at 75% funding Covers increased contract Cost (Sentry, Landscape) Anticipates covering costs for next two-three years “Special Assessment” valid for 1 calendar year… 1.4% 2016 CPI LIMIT Association Board Special Assessment (Annual) to cover the “gap” 8.6% 7.2% $275 Per Quarter – Per Home 2017

First Year of 3 Year Option First year of 5 Year Option AGENDA ITEM 5: 2017 PLAN Bottom Line: CY2017 Budget designed to reduce contract cost via long-term contracts START: $97, 850 ESTIMATED FINISH: $97,850 Planned Actual Issues DELTA Trees: 8500 8500 Final 3 Year Cycle None NA Bladerunners: 21880 21880 First Year of 3 Year Option Trash: 15495 15495 Second Year Snow: 5000 TBA Sentry Management: 12600 First year of 5 Year Option To the Reserve: 16780 16780 First Year of new Cycle ENDSTATE Anticipate a restarted “Reserve” after paving is completed….

AGENDA ITEMS 6-7 Other Business: FFx Pest Control Presentation Open Forum – 3 minutes per Adjournment