Turnberry on the Green Business Plan Proposal by Gregori Arzumanov President (Second edition*)

Occupation Turnberry on the Green Condominium: Total Apartments ………… 377 Owner occupied ……… % Rented ……………………46.9% Not occupied ………………5.8% Base on Property Manager report March 1, 2008

The Team Gregori Arzumanov President, CEO Stephanie Boren Vice-President Jennifer Pannucci Secretary Maria Viton Treasurer Ken Caban Director Shannon Loizzo, Property Manager Kevin Marshal, Chef Engineer John Brantofino, Service Director

Administration Structure Property Manager Chief Engineer MaintenanceHousekeeping Chief Security & Concierge SecurityValet Staff Manager Assistant

Board of Directors and Committee Structure

Management / Financial Plan Administration of the Association Collections from delinquent owners Leasing vacant units (from delinquent owners)* Screening processing Security Service Association Website New Equipment Products/services/technology required to be purchased outside company.

Administration of the Association Current ProposalExpected ResultFunds savings Administration (M & MA) $125,700 (include HB) $94,000 (include HB) Saving $31,000 (in year) Collection Collection delinquent debits through law firm. ($1,800 + court fee) per file. Collection delinquent debits “in house” ( Court fee only ) a) Accessible info. b) Speed up process c) Efficient control Savings $1,800 / file (110 pending files) OR $118,800 in year Total savings 149,000 in year Screening New Owners, Tenant AmeriCheck USA 3 Reports Up to 14 days On-Line Services Global Security Services. 5 Reports Instant Search a) Speed up process. b) 2 extra reports c) More information for Screening committee $350

Leasing vacant units* (from delinquent owners) Current ProposalExpected ResultFunds collecting Leasing vacant units 32 vacant units 2 Bedroom Bedroom - 15 Lease 80% to Association 20% to Unit owner 17x$1750 x 10month 80% =$238,000 15x$1350x10month 80% = $162,000 Drastically reduce delinquent balances $400,000 / year

Security Services Current ProposalExpected ResultFunds savings Security Fortress Protective Services. 2 employee at a time 24/7 $23,225 / month. Security staff (“in house”) 2 employee at time 24/7 $16,368 / month a) Better quality service b) Efficient control c) Direct responsibility (Base on Budget 2008) Savings $82,200 / year Total save ……. $231,200 in year

Administration of the Association (Salary expense are in Thousands of Dollar every Quarter) Administration (Manager & Manager Assistant)

Security Services ( Salary expense are in Thousands of Dollar every Quarter )

Turnberry on the Green (Website) Front page with newsletters, meeting announcements, reports from Board of Directors and Management Log-in access only through using an ID and password Personal unit owner information such as mailing address, , phone numbers, etc. can be remotely added, edited, and deleted. Account receivable (accessible through log-in) Payment method : - Direct deposit (DD) - Credit card (CC) - PayPal (PP) Administrator access: - Manager (upload association statements, reports and other doc’s) Personal advertising page (sale, forum and others)

New Equipment The IQ1000 is most advanced time clock, with many sophisticated options and features including: optional biometric fingerprint reader Price: Device $880 + Software

Main Lobby Additional Check point - Raises security level - Prevents unauthorized visitors - Operates by the existing FOB system as well as the manual lock system - Price to install: $10,000 (estimated) Additional Check Point Existing FOB panel