1. Cedars I Homeowners’ Association
1st Annual Meeting
March 4, 2012
Carol Opatrny
TJ Klise

2. Cedars I HOA Annual Meeting
Agenda
Recap Organizing Meeting
Overview of CCRs
Articles of Incorporation
Bylaws
Governance Structure
Next Steps

3. Cedars I HOA Objectives Reactivate the Cedars I HOA
Governance structure
Management of the CC&R’s
Maintenance of common areas
Enhance & maintain property values
Minimal structure

4. Cedars I HOA Preserve the key reasons we bought here
Why have an HOA?
Preserve the key reasons we bought here
Develop streamlined CC&R’s & manage to those
Grandfather in current settings
Protect property owner investment
Enhance property owner value
Maintain our unique neighborhood
Bring the neighborhood together around common goals & values

5. Cedars I HOA Protect My neighborhood property standards
What’s in it for Me?
Protect My neighborhood property standards
Provide for My common area maintenance
Protect My property values
Maintaining standards
Compliance
Neighbors helping neighbors
Just enough structure to manage to the CC&R’s and maintain our way of life we all enjoy

6. Cedars I HOA Covenants, Conditions and, Restrictions (CCRs)
Filed with Clark County, 1973.
Binds all Lots in Cedars I; Towne Homes are considered Lots.
Establishes rights to common areas.
Establishes the Association.
Establishes Annual Maintenance Assessment; $100/Lot.
Allows for “special assessments” by 2/3 vote.
Establishes “use restrictions” for land, dwelling, etc. and architectural committee.
Amendments requires vote of 75% of Lot owners.

7. Cedars I HOA Articles of Incorporation Modeled after Cedars East HOA.
Filed with State of Washington, Dec. 30, 2011.
Purposes include: maintenance, preservation and architectural control of residence Lots and common area; and, to promote health, safety and welfare of the residents.
One vote/Lot.
Initial Board of Directors: Patrick Kennedy; TJ Klise; Larry Madson; Ed Menteer; and, Carol Opatrny.
First annual meeting: elect the Board of Directors pursuant to the Bylaws.

8. Cedars I HOA
Bylaws
Meeting of Members (annual and special meetings; at least 15 day notice, quorum (1/3), proxies, etc.).
Board of Directors (power; term; removal; no compensation; actions may be taken w/o meeting).
Nomination and Election of Directors
Nominating committee (established: 12/27/2011).
Election of Board of Directors to occur at first Annual Meeting.
Meetings
Regular meetings every four months.
Special meetings with three days’ notice.
Majority quorum.
Powers of Board of Directors
Adopt and publish rules/regulations governing use of common areas.
Enforce payment of assessments.
Exercise for the Association provisions of Bylaws, Articles and CCRs.
Declare a vacancy, if three, consecutive absences.
Employ a manager or contractor, if necessary.

9. Cedars I HOA Bylaws (continued) Board of Director Duties
Complete record of meetings, actions.
Supervise, if applicable.
Fix and notice annual assessment; take action if not paid within 30 days after due date.
Maintain liability and hazard insurance on common property.
Maintain insurance for officers.
Maintain common areas.

10. Cedars I HOA Officer Duties Committees appointed as needed.
Governance Structure
Officer Duties
Election at the first Board of Directors’ meeting.
President, VP, Secretary, Treasurer and others, as needed. The offices of Secretary and Treasurer may be combined.
Term: 1 year
Committees appointed as needed.
Assessments are an obligation of each member.
Amendments by a majority of a quorum present or by proxy (quorum: 1/3 of members present).

11. Cedars I HOA Appointment Board of Directors
Next Steps
Appointment Board of Directors
Nomination and Election of Officers
Annual Assessment collections
Maintenance of Common Areas
Establish Budget
Neighborhood Priorities