The Woods of Wayne Homeowner’s Association Annual Meeting Saturday, April 26, 2014

Annual Meeting Agenda Open discussion Welcome & Introductions President’s Report - 2013 Review Treasurer's Annual Report Committee Reports New Business 2014-2015 Board Member Elections Fines and Procedures Open discussion

2013-14 Board Members Officers Directors Committee Chairs President – Joe Franzese Vice President – Bob Reed Secretary – Syed Hussain Treasurer - Patti Orban Directors Jennifer Donatelli Mario Conte Steve Joyaux Joe Franzese Marianne Pope Dan Mastropieri Scott Berndt Bob Reed Mark Soppi Syed Hussain Dan Gravina Committee Chairs Architectural Review – Todd Ernest Communications – Syed Hussain, Chairman Landscape – Marianne Pope / Dan Mastropieri Co-Chairman Ponds – Jennifer Donatelli / Scott Berndt Co-Chairman Roads – Mark Soppi / Dan Gravina, Co-Chairman `

2013 Review Impact of the Economy http://www.woodsofwayne.com No Assessment increase General reserve for additional enhancements for future projects http://www.woodsofwayne.com

24 Month Sales History

Treasurer's Annual Report Patti Orban

FY 2013 Budget vs. Actual

FY 2013 Budget vs. Actual

FY 2013 Financial Statement

FY 2013 Financial Statement

FY 2014 Budget Overview

FY 2014 Budget Overview

Assessment History

Committee Reports

Architectural Review Architectural Review Responsibilities Review & approval of all plans and specifications for new homes and physical improvements Architectural Guidelines Location, size, type, style, quality and exterior appearance of home on property erection of fences, pools or other permanent structures Guidelines are available on our website

Roads Committee Roads Committee Responsibilities Management of the contractors responsible for road maintenance, cleaning/sweeping, and snow removal Budget authority and responsibility Planning for future road maintenance and improvements. Monitor road durability

Landscape Committee Results 2013 Goals for 2014 Maintained common areas per landscape contract. Goals for 2014 Remove dead birch tree at Mountain Ash Entrance Acquire bids for cleaning both entrance signs Oversee maintenance of common areas per landscape contract. Monitor lot mowing per schedule for unimproved lots

Pond Committee SHORT-TERM GOALS/IMPROVEMENTS: LONG-TERM GOALS: Aerators are up and running. We will be replacing 2 aerators in the North Pond this spring. Treatment of duckweed and algae May through September Aquashade will be used in all 3 ponds to inhibit algae/duckweed growth Goose Patrol: Goose Patrol may be used on an as needed basis in May, June, September, and October depending on the budget. South Pond: Aerators were installed and are now running in the South Pond. LONG-TERM GOALS: Shoreline restoration Erosion control Culvert maintenance

New Business

2013-2014 Board Elections Nominations due May 15, 2014 Ballots will be mailed May 15, 2014 Ballots will be counted June 30, 2014

Fines and Procedures The primary responsibilities of the Woods of Wayne Homeowners Association Board is to manage the Association on behalf of our homeowners by enforcing our Covenants, Conditions and Restrictions, ensuring the financial soundness of the Association, and by maintaining the common areas within our community. These primary responsibilities protects everyone's interest in preserving of our community.

Fines and Procedures With this goal, the Board is in the processing of establishing a Schedule of Fines and Procedures for violations which may occur in connection with the Covenants, Conditions and Restrictions of the Woods of Wayne Homeowners Association. In the near future, you will all be receiving this Schedule of Fines and Procedures.

Open Discussion

Adjournment