1. WELCOME!

2. 2014 Annual Meeting Slideshow Presentation… 7:00 p.m. Call the meeting to order – Jerry Leeseberg, TEW BOD President Introductions & Determination of Quorum Special Guests – City of Flower Mound Code Enforcement; Rick Tetens & City of Flower Mound Police Department; Officer Justin Buck will give an overview of our Community Approval of 2013 Annual Meeting Minutes 2013/2014 Budget Review Nominations for the Election of New Directors Open Discussion/Q & A – Board of Directors Election Results Adjourn Meeting Annual Meeting Agenda

3. Accomplishments Special assessment loan PAID IN FULL! Saving an estimated XXX in interest Updated main entry by adding sod to decrease color bed size Using more drought tolerant perennials Aggressively pursuing delinquent accounts as outlined by our governing documents

4. Budget Overview 2013 2014 December 2013Budget Operating Income Assessments$48,150 Specific Assessment – Brick Wall$42,800 Other Income$9,623$3,770$2,387 Total Operating Income$100,573$94,720$50,537 Operating Expenses Utilities$9,847$9,300$11,000 Landscape$18,309$17,140$16,890 Common Area Maintenance$0$3,000$0 General & Admin$26,178$19,474$13,200 Committees$397$1,000$250 Insurance$3,426$3,576$3,602 Total Operating Expense$58,157$53,490$44,942 Net Income$42,416$41,230$5,595

5. Budget continued… Utilities Although the costs in electricity and water are less than anticipated due to the strict watering restrictions, we will continue to stay conservative in nature for future energy costs Landscape – no anticipated increases Administrative Monthly management fees have not increased; however, due to a change in collection agency service providers all collections activities are handled directly by the HOA’s attorney. Therefore the increase noted in administrative costs during 2013 is due to collection filing fees being paid at time of filing. Keep in mind all fees are charged back to the owner should their account be in legal.

6. As always…. we will Continue to promote and organize community events Organize and promote the semi-annual garage sale (newspaper ads, etc.) Encourage and develop community bonds within our own community, neighboring communities and with the city Maintain the integrity of the covenants in place and be fiscally responsible in planning for the HOA’s future

7. Helpful numbers & links Police Department Ph: 972.539.0525 Anonymous Crime Tip Line: 972.874.3307 Fx: 972.874.3362 Emergency: 9 - 1 – 1 Please visit the website: www.timberviewestateswest.com for information and news Connect : http://texas.fsrconnect.com/timberviewestates

8. FirstService Residential Contact Information Management Contacts Cindy Martin214-451-5470 Association Managercindy.martin@fsresidential.com Management Company First Service Residential Mailing Address3102 Oak Lawn, Suite 202 Dallas, Texas 75219 Telephone877-378-2388 (24/7) Fax214-889-9980 Departments Customer Service Center877-378-2388 (24/7) Dallas office hours8:30 – 5:30, Monday – Friday 24 Hour Emergency #877-378-2388 (24/7)

9. Thank you!