1. WISSLER RANCH HOA Annual Meeting – 2014 1.Welcome 2.Board Members 3.Agenda 4.Board Positions 5.Questions/New Business 6.Adjourn

2. Welcome! WR HOA Board Members: Brian Freese, President Jack Windeler, Vice President Wayne Gardner, DRC Eric Doremus, Landscape, Maint., Covenant Committee Lisa Gilbert, Water Committee Jim Keefe, Secretary Deloris Kenerson Kathleen McCormick, Treasurer (non-board position) Committee officers Sandy Maurer – Welcome Gerry Major – Neighborhood Watch

3. Agenda 1.Roll call/certify proxies 2.Proof of notice of meeting 3.Review/approve 2013 Annual Report minutes 4.Officer/Committee Reports 5.Election of Directors 6.Unfinished business 7. New business 8. Adjourn

4. Officer/Committee Reports Design & Review Committee (DRC) Budget Landscape & Maintenance Forestry Legal Affairs Water Covenants

5. 2014 Design Rule Committee One detached garage approved One storage building approved New mailbox structure: plans approved, permit obtained, work being scheduled Mailbox parking area: plans in approval cycle, bid solicitation and construction plans will follow

6. Treasurers Report

7. Basic Financial Information Wissler Ranch HOA is not for profit – not tax exempt –IRS exempts income when 60% comes from assessments and 90% is spent on maintenance of common property otherwise subject to standard taxes Income comes almost exclusively from annual assessments  180 x 33 = 23,940  Due February 15 th WR HOA owns capital assets of approximately $130,000 and has a replacement reserve fund of $66,737 –Major repair and replacement of mail box structure, cisterns, wind mill, trail, parking lot, playground equipment, picnic tables and benches, entrances Annual budget ratified by the membership at Budget Meeting  Board formulates the budget and provides copy in advance to membership  Budget meeting will be in January, look for budget mailing  Forward recommendations to board members in Nov/Dec By-laws require Board and Treasurer to effect annual review of books by certified or public accountant  Outsized expense of review in relation to annual budget – develop alternative

11. Landscape & Maintenance 2014 Accomplishments Two mows completed Entrance fencing repaired and stained Chain harrow purchased and used to smooth the path and ball field Ball field seeded twice Path sprayed for weeds Fields sprayed for weeds Bucket seat installed on the swing set structure

12. Landscape & Maintenance (cont’d) Projects Planned for 2015 Continue monthly mowing – three or four mows required Path and field weeding planned Cistern inspections Ball Field seeding Path maintenance with possible additional fill added Entrance fence inspection Windmill repair Attach windmill pump to cover

13. Neighborhood Issues Crime: National Night Out in August, 2014. Annual Firewise meeting – held concurrently with National Night Out meeting in August Fire Concerns –Accidental ignition –Lightning –Arson –Flying embers

14. Forestry 2013 Forestry inspections – two pine beetle trees removed 2014 Forestry inspections – October 28, 29, 2014

15. Legal Affairs Discussions on how to revise and legally adopt updated covenants Wissler Ranch By-Laws were reviewed and updates proposed. Revised By-Laws to be voted on by membership. Covenant review/revisions will be addressed by the next Board

16. Water Committee 2013 Readings Recorded 4 Overage Letters sent 2013 Report Filed with Colorado Division of Water Resources Converted 2014 Reporting to Electronic Reporting Compiling 2014 Readings Attended Great Divide Water Meeting - October 10 th Dues increase ~$225 / year total for Wissler Ranch

17. Covenants Report Main Complaints : – Poultry covenant violation: Variance request could not be voted due to split Board. New Board elected for 2014 tabled the decision pending review and update of Wissler Ranch Covenants. Defendant and chickens moved out of the community Please read your covenants before you plan a project and obtain DRC approval before starting a project.

18. Board Positions Wayne Gardner running for re-election

19. Questions? New Business? Revised Bylaws vote Your input is important!