1. Provide Niceville City Hall 7:00 PM 2 March 2011 RBOA INC 2011 ANNUAL MTG

2. RBOA INC Welcome -- thanks for coming Welcome -- thanks for coming Your participation in conduct of RBOA is greatly appreciated Your participation in conduct of RBOA is greatly appreciated 402 members strong 402 members strong Board of Directors, Committees Board of Directors, Committees All Volunteers All Volunteers

3. BOARD OF DIRECTORS PRESIDENT PAUL MARYESKI PRESIDENT PAUL MARYESKI VICE PRES TOM ROBBINS VICE PRES TOM ROBBINS TREAS/SEC LINDA BLYTHE TREAS/SEC LINDA BLYTHE ENVIRONMENT BILL PATRICK ENVIRONMENT BILL PATRICK ARCHITECTURE PAUL MARYESKI* ARCHITECTURE PAUL MARYESKI* COMPLIANCE AL HABERBUSCH COMPLIANCE AL HABERBUSCH MAINTENANCE SEAN BEAUCHAMP MAINTENANCE SEAN BEAUCHAMP *acting *acting

4. PURPOSE AND POWER OF THE ASSOCIATION “This Association is non-profit, does not contemplate pecuniary gain or profit to the members thereof. The specific purposes for which it is formed are to provide for maintenance, preservation and architectural control of the residential properties and to promote the health, safety and welfare of the residents of said properties.” (Article III of the By Laws) “This Association is non-profit, does not contemplate pecuniary gain or profit to the members thereof. The specific purposes for which it is formed are to provide for maintenance, preservation and architectural control of the residential properties and to promote the health, safety and welfare of the residents of said properties.” (Article III of the By Laws)

5. AGENDA CALL TO ORDER CALL TO ORDER QUORUM VALIDATION QUORUM VALIDATION ANNOUNCEMENT OF STANDARDS ANNOUNCEMENT OF STANDARDS ELECTION OF DIRECTORS ELECTION OF DIRECTORS COVENANT AMENDMENTS COVENANT AMENDMENTS TREASURER’S REPORT TREASURER’S REPORT PROPOSED 2011 BUDGET PROPOSED 2011 BUDGET COMMITTEE REPORTS COMMITTEE REPORTS OPEN DISCUSSION OPEN DISCUSSION

6. ELECTION OF OFFICERS QUORUM VALIDATION (need 26%, 105) QUORUM VALIDATION (need 26%, 105) ANNOUNCEMENT OF STANDARDS ANNOUNCEMENT OF STANDARDS VOTE COUNT VOTE COUNT RESULTS -- ELECTION OF OFFICERS RESULTS -- ELECTION OF OFFICERS

7. Unit 1 & Unit 2 Covenants Unit 1 -- originally executed 31 Jan 1974 Unit 1 -- originally executed 31 Jan 1974 Unit 2 -- originally executed 29 Sep 1974 Unit 2 -- originally executed 29 Sep 1974 Covenants extinguished by MRTA in 2004 Covenants extinguished by MRTA in 2004 (Florida Marketable Record Title Act) (Florida Marketable Record Title Act) Invalidates restrictions on property > 30 yrs Invalidates restrictions on property > 30 yrs Florida Homeowners Association Act Florida Homeowners Association Act Provides procedure for reviving covenants Provides procedure for reviving covenants RBOA BOD to contact all property owners RBOA BOD to contact all property owners Requires further vote of the property owners Requires further vote of the property owners

8. Unit 3 Covenants Covenants executed 12 May 1982 Covenants executed 12 May 1982 Pursuant to terms of MRTA Pursuant to terms of MRTA Covenants extinguish in May of 2012 Covenants extinguish in May of 2012 Florida Homeowners Association Act Florida Homeowners Association Act Provides procedure to extend covenants Provides procedure to extend covenants that have yet to expire that have yet to expire RBOA BOD to effect this change RBOA BOD to effect this change Vote of property owners not required Vote of property owners not required

9. Why Covenants? Enforceable covenants needed to maintain Enforceable covenants needed to maintain cohesive and attractive communities cohesive and attractive communities Enforceable covenants help preserve Enforceable covenants help preserve property values property values Lenders may require enforceable covenants Lenders may require enforceable covenants

10. TREASURER’S REPORT $44K Annual Program $44K Annual Program 402 mbrs x $110 402 mbrs x $110 Money Mkt: Money Mkt: Checking: Checking: Dam Fund: $5.3k Dam Fund: $5.3k ______ ______ $31.1k* $31.1k* *as of 31 Dec 2010

11. RBOA Expenses/Budget 2010 Major Expenses 2010 Major Expenses Lawn/Landscape$15,000 Lawn/Landscape$15,000 Legal$11,200 Legal$11,200 Repair/Maintenance$11,500 Repair/Maintenance$11,500 2011 Budget 2011 Budget Lawn/Landscape$15,000 Lawn/Landscape$15,000 Legal$10,000 Legal$10,000 Projects $10,000 Projects $10,000 Repair/Maintenance$ 3,000 Repair/Maintenance$ 3,000

12. Lake Amick & Phelps Repair Drain pipe failed below dam on golf course Drain pipe failed below dam on golf course Association responsibility per 94 MOA Association responsibility per 94 MOA Estimates received from 3 contractors Estimates received from 3 contractors Board selected Utility Solutions Group Board selected Utility Solutions Group Work completed on schedule Work completed on schedule Final cost $10,750 Final cost $10,750 Reserve funds used to cover expense Reserve funds used to cover expense

13. FINING AMENDMENT BACKGROUND BACKGROUND Most ownership association boards have this authority Most ownership association boards have this authority Board operates at distinct disadvantage without this authority Board operates at distinct disadvantage without this authority Will help with covenant compliance Will help with covenant compliance Judicious/deliberate process with limits on daily/maximum fines Judicious/deliberate process with limits on daily/maximum fines

18. COMMITTEE REPORTS ENVIRONMENTAL ENVIRONMENTAL ARCHITECTURAL CONTROL ARCHITECTURAL CONTROL MAINTENANCE MAINTENANCE COMPLIANCE COMPLIANCE

19. ENVIRONMENTAL

20. ENVIRONMENTAL THE 5 LAKES : Henderson, Kenny, Phelps THE 5 LAKES : Henderson, Kenny, Phelps Werk & Amick Werk & Amick WILL CONTRACT WITH THE “LAKE DOCTOR” FOR VEGETATION CONTROL ON LAKE HENDERSON/LAKE WERK AS REQUIRED VEGETATION CAN BE CONTROLLED - NOT ELIMINATED LET THE BOARD KNOW IF YOU SEE A PROBLEM DEVELOPING LET THE BOARD KNOW IF YOU SEE A PROBLEM DEVELOPING

21. gators

22. Exercise Caution

23. beavers

24. ARCHITECTURAL CONTROL

25. Who is the Committee? Who is the Committee? Your neighbors!! Paul Maryeski Paul Maryeski Tom Robbins Paul Grimmig

26. ARCHITECTURAL CONTROL ACC Application – for any new house or addition to the property after a house is in place ACC Application – for any new house or addition to the property after a house is in place Download application at rboa.net (first column) Download application at rboa.net (first column) Info required: what is it; what will it look like; what’s it made of; where will it be sited on the lot (include drawings/pictures, specs, site plan) Info required: what is it; what will it look like; what’s it made of; where will it be sited on the lot (include drawings/pictures, specs, site plan) Owner (not realtor or contractor) agrees/certifies Owner (not realtor or contractor) agrees/certifies Restrictive covenants are on the web site (click Documents) Restrictive covenants are on the web site (click Documents) ACC will retain drawings for file ACC will retain drawings for file

27. ARCHITECTURAL CONTROL Variance to Restrictive Covenants Variance to Restrictive Covenants Provide rationale – why can’t your project comply? Provide rationale – why can’t your project comply? Provide written concurrence from owners adjoining your property, or owners that might be affected (e.g. across the street) Provide written concurrence from owners adjoining your property, or owners that might be affected (e.g. across the street) In granting set back waivers RBOA assumes no responsibility for encroachment into Utilities/Drainage setbacks from County or other government agency. This is always noted in ACC approval “Notes” In granting set back waivers RBOA assumes no responsibility for encroachment into Utilities/Drainage setbacks from County or other government agency. This is always noted in ACC approval “Notes”

28. MAINTENANCE

29. MAINTENANCE MAINTENANCE CONTRACT MAINTENANCE CONTRACT S&P Lawn Service S&P Lawn Service Grass and tree trimming Grass and tree trimming LANDSCAPING LANDSCAPING Georgiana C Peacock Georgiana C Peacock SPRINKLERS/IRRIGATION SPRINKLERS/IRRIGATION Self Help Self Help

30. 2011 Projects Lake Way Drive Entrance -- Island Lake Way Drive Entrance -- Island Henderson Lake - spill box, back side Henderson Lake - spill box, back side Lindsey Lane Island Lindsey Lane Island Ruckel Drive near dam Ruckel Drive near dam Sharon Drive Entrance RBCCE sign Sharon Drive Entrance RBCCE sign Marion Drive Entrance RBCCE sign Marion Drive Entrance RBCCE sign Your Suggestions? Your Suggestions?

31. Lakeway Drive

32. Henderson Lake

35. Ruckel Drive (near dam)

40. COVENANT COMPLIANCE

41. COVENANT COMPLIANCE COVENANT COMPLIANCE APPROACH PER SEPT 2006 LETTER TO ALL RBOA MEMBERS APPROACH PER SEPT 2006 LETTER TO ALL RBOA MEMBERS DIRECT NOTIFICATION TO PROPERTY OWNERS DIRECT NOTIFICATION TO PROPERTY OWNERS FIRST STEP LETTER FIRST STEP LETTER IF NO RESOLUTION LETTER FROM ATTORNEY IF NO RESOLUTION LETTER FROM ATTORNEY APPROACH NOW MODIFIED SO SECOND STEP IS POTENTIAL FINES LEVIED BY BOD (PER BY-LAW CHANGE VOTED AT 2010 ANNUAL MEETING) APPROACH NOW MODIFIED SO SECOND STEP IS POTENTIAL FINES LEVIED BY BOD (PER BY-LAW CHANGE VOTED AT 2010 ANNUAL MEETING) THEN LETTER FROM ATTORNEY AS THIRD STEP THEN LETTER FROM ATTORNEY AS THIRD STEP DISCREPANCIES DISCREPANCIES GENERALLY A LACK OF KNOWLEDGE OF COVENANTS SPECIFICS GENERALLY A LACK OF KNOWLEDGE OF COVENANTS SPECIFICS THIRTEEN (13) SEPARATE UNITS WITH INDIVIDUAL COVENANTS THIRTEEN (13) SEPARATE UNITS WITH INDIVIDUAL COVENANTS

42. COVENANT COMPLIANCE

44. ONCE CLICK ON PARCEL NUMBER --PART OF THE INFO PROVIDED IS: ONCE CLICK ON PARCEL NUMBER --PART OF THE INFO PROVIDED IS: “ROCKY BAYOU C/C EST #8 LOT 24 “ “ROCKY BAYOU C/C EST #8 LOT 24 “ THEN GO TO UNIT 8 COVENANTS ON RBOA WEB PAGE AS PREVIOUSLY DESCRIBED THEN GO TO UNIT 8 COVENANTS ON RBOA WEB PAGE AS PREVIOUSLY DESCRIBED

45. COVENANT COMPLIANCE 2010 2010 39 (ABOUT SAME AS 2009) VIOLATIONS NOTED – NOT ALL PERSISTED 39 (ABOUT SAME AS 2009) VIOLATIONS NOTED – NOT ALL PERSISTED 9 (16 IN 2009) VIOLATION LETTERS MAILED OUT – 2 REPEAT VIOLATIONS SO ONLY 7 PROPERTIES INVOLVED 9 (16 IN 2009) VIOLATION LETTERS MAILED OUT – 2 REPEAT VIOLATIONS SO ONLY 7 PROPERTIES INVOLVED RESULTS --- EXCELLENT RESPONSE!!!!! RESULTS --- EXCELLENT RESPONSE!!!!! ALL VIOLATIONS CORRECTED AFTER FIRST/REPEAT LETTER ALL VIOLATIONS CORRECTED AFTER FIRST/REPEAT LETTER 1 VIOLATION FROM 2009 FINALLY RESOLVED WITH LEGAL ASSISTANCE 1 VIOLATION FROM 2009 FINALLY RESOLVED WITH LEGAL ASSISTANCE

46. NEIGHBORHOOD WATCH OKALOOSA COUNTY SHERIFF’S OFFICE OKALOOSA COUNTY SHERIFF’S OFFICE WILL HELP SETUP WILL HELP SETUP INITIAL ACTIONS BY CONCERNED CITIZENS OF AN AREA INITIAL ACTIONS BY CONCERNED CITIZENS OF AN AREA FIND OUT IF INTERESTED IN WORKING TOGETHERON CRIME/PROBLEMS FIND OUT IF INTERESTED IN WORKING TOGETHERON CRIME/PROBLEMS WHAT NIGHT/TIME GOOD FOR MEETING WHAT NIGHT/TIME GOOD FOR MEETING PICK A LOCATION PICK A LOCATION CONTACT SHERIFF’S OFFICE CRIME PREVENTION SPECIALIST –ASHLEY BAILEY 651- 7153 ABAILEY@SHERIFF-OKALOOSA.ORG TO SET MEETING DATE/TIME/PLACE CONTACT SHERIFF’S OFFICE CRIME PREVENTION SPECIALIST –ASHLEY BAILEY 651- 7153 ABAILEY@SHERIFF-OKALOOSA.ORG TO SET MEETING DATE/TIME/PLACEABAILEY@SHERIFF-OKALOOSA.ORG PASS OUT FLIERS ABOUT MEETING PASS OUT FLIERS ABOUT MEETING SHERIFF’S OFFICE CRIME PREVENTION SPECIALIST CONDUCTS MEETING SHERIFF’S OFFICE CRIME PREVENTION SPECIALIST CONDUCTS MEETING WILL BE ASKED TO FILL OUT SIGN UP SHEET AND PROVIDE 3 POCS WILL BE ASKED TO FILL OUT SIGN UP SHEET AND PROVIDE 3 POCS WILL PROVIDE 2 NEIGHBORHOOOD WATCH SIGNS WILL PROVIDE 2 NEIGHBORHOOOD WATCH SIGNS

47. Real Estate Market “Bouncing along the bottom” “Bouncing along the bottom” Clean and neat homes, right priced are selling Clean and neat homes, right priced are selling Most activity under $300,000 Most activity under $300,000 Waterfront has been moving Waterfront has been moving Homes for sale on MLS (>90%): Homes for sale on MLS (>90%): Niceville:17% are distressed Niceville:17% are distressed Crestview: 29% are distressed Crestview: 29% are distressed Emerald Coast: 22% are distressed Emerald Coast: 22% are distressed Short sales, foreclosure, bank owned (REO) Short sales, foreclosure, bank owned (REO)

48. RBOA Annual Meeting OPEN DISCUSSION OPEN DISCUSSION THANK YOU FOR COMING THANK YOU FOR COMING