1. TRHOA Board Robert Parnell – President Roger Porter – Treasurer Christian Gunther – Secretary David Buchthal – Landscape Committee Randy McLeod - Architecture Committee Karen Gilbert – At-Large Board Member Kim Harrington – At-Large Board Member Taylor’s Ridge Homeowners Annual Meeting December 5 th, 2007

2. TRHOA 2007 Annual Meeting Agenda 2007 (Year in Review)  Secretarial Report  President Report  Landscaping Committee Report  Architectural Committee Report  Member at Large - Christmas Lights  Treasurer Report 2008 (Upcoming Year)  Proposed CC&R Alterations  Elections  Priorities for Next Year  Set 2008 Budget  Q&A

3. TRHOA 2007 Annual Meeting Secretary – Chris Gunther Submit meeting notes from last annual meeting

4. TRHOA 2007 Annual Meeting Architectural – Randy McLeod Roofing Alternatives  Cedar best alternative for price and longevity Other alternatives may be considered  Homeowner needs to bring to ACC

5. TRHOA 2007 Annual Meeting Landscaping – Dave Buchthal Trimming trees by sidewalks Update on current landscaping Lights at main entrance Bark and flowers Modifications for next year  Lawn on 150 th  Trees on Manion/150 th  Add trees at either end of 150 th /end of neighborhood

6. TRHOA 2007 Annual Meeting Member at Large – Karen Gilbert Website/Newsletter  Any requested changes Directory

7. TRHOA 2007 Annual Meeting President – Robert Parnell Common Areas  What Occurred  Need to fit two criteria Specified in CC&Rs Designated on plat map OR have letter of agreement  Other areas impacted Stopped maintenance at drainage facilities Stopped weed control at sewer pump Stopped maintenance between Div II and III  Association may maintain whatever is desired Needs to have agreement and annual meeting vote Won’t be permanent unless fits criteria above

8. TRHOA 2007 Annual Meeting President – Robert Parnell

9. TRHOA 2007 Annual Meeting President – Robert Parnell CC&R Vote  What occurred in 2007? Time and dollars were spent on understanding CC&R limitations and common area resolution Area by Manion entrance accepted as common area Other modifications considered  Fee schedule for enforcement (i.e. garbage cans)  Alterations to vehicle storage (including cars in driveways)  Satellite Dishes  Plan for vote in 2008 Will discuss later in meeting

10. TRHOA 2007 Annual Meeting Board Elections No positions planned to be up for election in 2007 Officially elect Architecture Director Kim Harrington resigned from Member-At-Large Position  Election to fill position  Responsible for newsletter  Position will expire in 2011 Other position timelines  Landscape (2008)  President (2009)  Secretary (2009)  Treasurer (2010)  One at-large position (2010)  Architecture (2011)

11. TRHOA 2007 Annual Meeting Priorities for 2008 Neighborhood vote on CC&R’s  Fee schedule  Sidewalk maintenance  Anything else added or removed? What would you like to see?

12. TRHOA 2007 Annual Meeting Treasurer – Roger Porter 2007 Budget2007 Year to date ActualProjected Year End2007 Est. Variance Landscape Maintenance$13,000.00$12,135.26$969.00-$104.26 Landscape Barking$1,500.00$1,953.00$0.00-$453.00 Plantings$2,500.00$1,410.50$0.00$1,089.50 Repair & Maintenance$3,000.00$2,637.00$2,000.00-$1,637.00 Power$250.00$269.26$20.00-$39.26 Water$5,000.00$3,035.61$150.00$1,814.39 Legal$5,000.00$3,567.41$0.00$1,432.59 General liability Insurance$2,100.00$2,440.00$0.00-$340.00 Directors & Officers Insurance$1,700.00$1,675.00$0.00$25.00 Commercial Crime Liability Insurance$200.00$196.00$0.00$4.00 Taxes$75.00$32.94$0.00$42.06 Miscellaneous/Office Supplies$800.00$467.30$150.00$182.70 Capital Reserves$5,000.00 $0.00 Welcome committee$200.00$0.00 $200.00 $40,325.00$34,819.28$3,289.00$2,216.72 Estimated Year End 2006 (Checking) Surplus Estimated Year End 2006 (Savings) Capital Reserves $7,481.09Current Balance$7,025.13Current Balance -$969.00Dec Pymt Lndscp$1.00Nov & Dec Est. Interest Earned -$2,000.00Est. Repair & Maintenance$7,026.13Total -$20.00Dec Pymt Power -$150.00Dec Pymt Water -$150.00Year End Mailings $4,192.09

13. TRHOA 2007 Annual Meeting Proposed 2008 Budget

14. TRHOA 2007 Annual Meeting Thank you! Questions and Answers?