Annual Member’s Meeting March 3, 2015 *Please be sure to sign in when you arrive

 Governing Board  President – Janice Barrilleaux  Vice President – Scott Gee  Treasurer – Andre Duplantier  Secretary: - Robert Broussard  Architectural Board: - Ron Anderson, Chris Betz, Richard Chandler & Tommy Unglesby  Volunteer Board: Meaghan Barton

 The board will present updated information for business conducted in 2014 and proposed objectives for the coming year.  The board will ask for objections to proposals. If there are no objections, an unanimous decision will be recorded. Otherwise, the discussion will be tabled and a vote will be held following the presentation.  There will be an opportunity for questions and answers following the presentation.

 Collections Summary  Financial Summary  Accomplishments  Maintenance  Proposed 2015 Projects  Dues  Board Nominations  Q&A

 2013  Dues received  67 of 70 (96%)  Liens recorded  6  Liens cancelled  2 cancelled after receiving dues and lien fees.  1 cancelled due to sheriff sale  Liens still on the books  3  2014  Dues received  68 of 70 (97%)  Liens recorded  2  Liens cancelled  1 (sheriff sale cancelled lien)  Liens still on the books  1

 2015 Dues Collections  63 of 70 collected so far – 90%  Outstanding Dues:  1926 Ashland Keithe and Rolanda Turner  1958 Ashland Doretha Shropshire (2013, 12, 11 still due)  8222 Ormand Dawn Ewing  8380 Oakley Sean Durham  1780 Ashland Kelvin & A. Robins (2014,13,12,11,10 due)  8596 Ormand James & Wendy Boyd  8554 Ormand(new owner, for sale)

 2014 Liens Filed (and still open)  1780 Ashland (2013, 2012, 2011 and 2010 liens also filed)  Older Liens  1958 Ashland – 2013, 2012 and 2011  8380 Oakley  8554 Ormand – Sold at sheriff sale, old liens lost

 Current Cash Assets $ (including 2015 dues already deposited. As of 2/18/14)  2014 Income  $ Dues Received  $ – Bank Interest (Also includes liens received)  2014 Expenses  $  2014 Net Savings $

 *Yearly lawn contract expired March 31, We solicited bids from several companies, walking the ditches with them, and hired Kyle Flint for $1000/month until March 31, He has worked out well and has done other projects for us including maintaining the front beds - pruning rose bushes that have never been pruned, replacing dead bushes, planting annual flowers, and fixing the aged sprinkler system.  *In August 2014, we upgraded the failed light system up front to provide lighting for the sign, entrance and the five oak trees.  *In October 2014, we had Kyle Flint erect wood and cable barriers (with lights on each post) up front as busses and delivery trucks were continuing to break the concrete the previous board has poured in hopes of resolving the situation. To the right of the exit a hole was over a foot deep and this was filled with concrete at the time.

 *In October 2014, we invited the mayoral candidates to speak to the neighborhood. Attendance was extremely low with 7 families in attendance. David Amrhein made it clear that Richland would not be receiving city sewer in the near future, if ever.  *In February 2015, Scott Gee solicited bids for the front fence as well as gating the two ditch entrances on Greenwood Lane. The HOA will vote on fencing/gating the Greenwood Lane entrances.

 Future projects: Maintenance of/replacing fence in front of neighborhood Rewriting/reorganization of restrictions Welcome packets for newcomers

 What does the HOA maintain?  Frontage  Front fence, signage, ditch, etc.  Boulevard  Irrigation  lighting  Cul-de-sac  Drainage servitudes

 2015 Projects Proposed  Fence in the front of the neighborhood either needs to be replaced, resurfaced or just repaired.  Gates to be added on each side of the ditch on Greenwood Lane.

 Board recommends maintaining dues at $300/yr.  This rate should sustain smaller projects similar to those completed in the past, and allow for enough reserves to cover unforeseen legal expenses, repairs, etc.

 Notices  Restrictions  Property subject at closing  Available at Clerk of Court  Posted on HOA website  Annual Meeting  Notice posted on Website  1 st Statement Mailing in December  2 nd Statement Mailing in February  Demand Letter  Lien

 Timeline for Dues (as stated in the By-Laws)  1 st Statement Mailed December 15  Payable February 1 st  Late after February 15th  2 nd Statement mailed in late February with $25 late fee  Collections process begins in March  Demand Letters go out in April  Liens Filed in May

 Fees  Interest  10% per annum  Demand letter  $75 Attorney fee, plus postage  May require multiple letters  Liens  $75 – Attorney fee for lien  $65 – Lien recording fee  $65 – Lien cancellation fee  $75 – Attorney fee for lien cancellation  $280 total, plus postage

 1 st Demand sent to Home Owner of record.  Will begin requesting address correction to increase success of future demands.  Historically has a 65-70% success rate.  Prior to filing lien, will perform “mini- abstract” to ensure accurate Home Owner information.  Send 2 nd Demand if necessary, otherwise file lien.  Follow up at 5yr mark to renew lien if necessary.

 Requirements  Must attend monthly board meetings (typically 11 per year). Absence for two or more meetings forfeits board membership.  Must be willing to serve and represent home owners in any public matter or public hearing affecting the subdivision.

 Q&A

 Slides available at  Information also available at our Facebook page: Richland Homeowners Association  Neighborhood Group 