1. Volcano Cliffs Property and Home Owners Association www.vcpoa.com Thanks for Coming! Please sign in Database update Email Communications Board Member Election Officer Election in December

2. VOLCANO CLIFFS PROPERTY OWNERS ASSOCIATION MEETING November 13, 2015  Intro Remarks Dave Heil  Board Elections All  Treasurer’s Report Ralph Davis  Volcano Cliffs Support Dave Heil  Lots For Sale and Sold Blake Thompson/Dave Heil  Largest Land Assembler in Metro Area Mike Skolnick  Molten Rock Neighborhood Association Special Assessment District 227 Development and Compliance Issues Pat Chapman/Ralph Davis  Petroglyph Estates (PENA) Meeting @ 11AM  Dues – Voluntary Dave Heil  Collect Board Ballots All  New & Old Business All

3. Board Elections Fill Out The Ballot

4. Treasurer’s Report Ralph Davis Annual Dues are Due

6. Volcano Cliffs Support  PENA * assisted property owners to connect with lot buyers * promotions petroglyphestates.com web page and facebook.com/petroglyphestates * helped builders resolve some regulation issues - Curb cuts widened - Garage set backs reduced from 10 feet to 5 feet - Lift station approved, 145 lots could be built on * assisted with a solution for mail boxes

7. Volcano Cliffs Support  PENA ( continued) * resolved a law suit that SAD 228 was not responsible for  MRNA and PENA * Working with the City and owners to resolve Weed issues Avoiding Fine and Jail penalties  MRNA * helped resolve setback issues - covenant violations * consideration of including Molten Rock in the VCSDP  Volcano Cliffs * worked with Verizon and T-Mobile to encourage installation of cell phone antennas to improve service

8. Volcano Cliffs Undeveloped Lots For Sale Lots Sold

9. Molten Rock For Sale Sold

10. Petroglyph Estates For Sale Sold

11. Neighborhood/area Lots 4 Sale Lots sold Price Range sold Molten Rock 27 10 60% < $65K 40% $73 – $206K Petroglyph Estates 43 26 38% < $64K 31% $65 - $86 31% $120 – $175 Volcano Cliffs Undeveloped 56 2 3% $11K – 15K 2 pending 3% Unit 6 Owners are consolidating lots for development and home building by Pulte Homes

13. Largest Assembler of Land In Metro Area

14. Molten Rock Neighborhood Association Pat Chapman Markku Koskelo

15. SAD 227 has 268 residential lots in three (3) units. Roughly divided or bound by Unser Blvd and 81 st N.W. About 120 lots have homes. As the Real Estate Market has been recovering 35 new homes have been built 2013 6 new homes 2014 13 new homes 2015 16 new homes Some issues that concern the Architectural Control Committee are: 1. Private Open Space 2. Building Height 3. Exterior Lighting 4. Set-Backs 5. Debris 6. Roof Mounted Mechanical Systems 7. Screening The ACC is looking for volunteers. Please call Patrick Chapman at 550-1830 if you are interested.

16. Molten Rock Neighborhood (SAD227)  Architectural Control Committee (ACC) enforces the Covenants and Restrictions * Recent Set Back approval by City violated Covenants  Molten Rock Neighborhood an oddity NOT governed by a sector plan  Initiative to fold Molten Rock under the Volcano Cliffs Sector Development Plan.  Neighborhood 6PM Thursday, December 3, at the Taylor Ranch Community Center, with city representatives to explain what this means

17. Dues - Voluntary  Due for 2016 beginning November 14, 2015  Why should you volunteer to pay dues? The dues go to cover VC promotion, insurance, administrative and mailing expenses.  PENA and MRNA neighborhoods have a responsibility under city ordinance to control weeds in the right-of-way and to maintain the monument signs at the entrance to each neighborhood. Coordination cutting and removal of weeds to avoid fines.  PENA has a responsibility to maintain a few small ponds, the neighborhood side of the trails along the monument and the coordination of group Post Office boxes.  MRNA property owners benefit from an organization that protects the neighborhood by enforcing the covenants.  Undeveloped areas of the Volcano Cliffs Subdivision (VC) benefit from an organization that can be a focal point for individual owner collaborations and has encouraged development and can be a political voice for these property owners.

18. DUES – Voluntary How Much ?  The annual dues for PENA and MRNA will be $50 per address beginning in 2016. Make your check out to PENA or MRNA dependent on your neighborhood. Mail to the neighborhood Treasurer.  The annual dues for the yet undeveloped area of VC will be $30 for the first lot and $10 for each additional lot- make the check out to VCPOA.  All of the Board members are volunteers and receive no compensation.  You can pay your dues at the annual meeting or mail them to VCPOA PO Box 27666 Albuquerque, NM 87125

19. Ballot Collection Turn In Your Ballot

20. New Business Old Business All

21. Last Reminders If you move or sell/buy a lot, let a board member know so we can keep the database updated. Help Grow Volcano Cliffs Please Pay your dues.

22. Thank You For Attending