Westminster Park Association May 24, 2011

Westminster Park Association Agenda: – Introduction of Officers - Clay – Treasurer’s Report - Mike – 2011 Budget – Income & Expenses - Clay – 2010 Dues Catch-up - Clay – Street Repairs - Mike – Community Website - Mike – Open Discussion - All

Westminster Park Association Elected Board: – Clayton Leroue President – Bryan Ralph -7284Vice President – Mike Lavery Treasurer – Craig Bond Secretary – Darryl Adams At Large

Westmister Park Association Treasurer’s Report – Current Bank Account Balance$1, Reconciled Through 05/21/11 – 2011 Expenditures – Liability Insurance ($1 mil coverage) $ – State of Mich – Agent change fee 5.00 – Supplies – Checks $81.04 Office $ – Allied Road Repair Total 2011 Expenditures $1, Transactions reviewed No Concerns of issues at this time

WP Assoc Expense History Item Prop 2011 Grounds $1,825 $ 250 $ 1,500 Legal 1,212 1,396 1,400 Insurance License Street Repair Office Total Exp $3,234 $1,867 $3,971 Reserve 788 1, Grand Total $4,022 $3,361 $4,361

WP Assoc. Revenues Item Prop 2011 Dues $ 180 $ 200 $ 200 Projected 4,860 5,400 4,400 Actual $ 3,245 $1,940 - Bgt. Shtg. 1,615 3,460 0 Rev/Exp $777 $1,421 $39 Total Short $2,198

WP Association Proposed Association Dues Schedule $200 Payable by 8/31/ Catch-up Payable by 8/31/11*

WP Association Other Items: – Street Repairs – Community Website – 2011 Snow Plowing Program – Open Discussion