1. Annual Meeting February 04, 2008

2. HOA Board of Directors  Chairman – Cliff Howard  President – Ilze Robinson  Director – Tom Ball (outgoing member)  Secretary- Sheila Milburn  Treasurer – Jon Pastorius Committee Chairs Ilze Robinson, Grounds Jon Pastorius, Finance Tom Ball, Elections, Architectural Control

3. Agenda  Nominations / Elections  Treasurer’s Report  State of the HOA  HOA Board Responsibilities  Homeowners Responsibilities  Questions

4. Nominations and Election  Homeowners wishing to hold office Short brief of why the homeowner would like to serve on the Board  Voting by ballot

5. Treasurer’s Report  Beginning balance (1/1/2007) $ 48,143.53  Income $ 62,831.40  Total $110,974.93  Expenses ( listed on following page) $ 71,418.58  Ending balance (12/31/2007) $ 39,556.35

6.  Total $110,974.93 Landscaping$ 27,384.49 Tree Removal$ 19,250.00 Street Light installation$ 17,175.31 Attorney fees$ 2,767.50 Board member insurance$ 1,497.00 Admin supplies$ 1,396.60 Electric bill$ 1,243.87 Misc. (Water, Website) $ 320.81 Property taxes$ 250.00 HOA mailbox fee$ 68.00 Returned checks/fees$ 65.00  Ending balance (12/31/2007) $ 39,556.35 Treasurer’s Report

7. 2008 Estimated Expenses  Estimated Expense Landscaping$20,000.00 Tree removal$10,000.00 Street light electric bill $ 3,000.00 Attorney fees$ 2,500.00 Board member insurance$ 1,497.00 Admin supplies$ 1,000.00 Property taxes$ 250.00 Miscellaneous$ 250.00 HOA mailbox fee$ 68.00  Special Projects Street signs$ 3,000.00 Mailbox replacement$ 5,000.00 $45,565.00

8. State of the HOA  Neighborhood current statistics 2 builders (Curtis and BuiltRite) 406 lots  336 built upon or in construction  70 lots open  Architectural Sheds (3 requested and approved) Fences (2 requested and approved) Decks (2 requested and approved) House design change (2 requested and approved)  Finance Rising costs have hit us and 5% raise in Dues will be imposed. New assessment will be $126 due 1 July 08

9. 2007 Accomplishments  New Board Member Ilze Robinson elected  Installation of mailboxes at Brookstone and Greenleaf  Secured Woodlawn Lawn Care as new landscaping maintainer  Widening of Greenleaf Drive  Updated HOA website

10.  Tree removal/debris clean-up in several locations along Green Leaf Drive and drainage area behind Moongate Lane  Planting of cypress trees along Hermanville Road to create a barrier  Storm water management construction  Clean-up and re-grading of storm drain at entrance 2007 Accomplishments

11.  Street light installation along Greenleaf Drive  Granted easement rights to Smith Fields Park, LLC for $20k. Retainer of $5k has been obtained remainder due at construction start (within 3 years)  Landscaping planted at the corners of Green Leaf and Sandstone / Silver Slate 2007 Accomplishments

12. Projects Remaining  Repaving of Sandstone  Street sign posts upgrade  Mailbox replacement (Phase 1 of 3)  Landscape fixes (planting, aerating and reseeding)

13. Planned Events  Annual yard sale June 7 th  Quarterly Meetings : 7 pm Lexington Park Library April 21st July 21st October 20th November 17th - Budget Meeting January 26th 2009 – Annual Meeting

14. HOA Board Responsibilities  Chairman Preside over meetings Field homeowner complaints Tree removal  President Landscaping County issues Builder issues  Director Nominations committee chair Architectural committee chair

15. HOA Board Responsibilities  Treasurer Collect assessments Answers questions for closing Pay bills Maintains financial records  Secretary Record meeting minutes Schedule meeting rooms Assembles agenda

16. Homeowners Responsibilities  Keep home and surrounding area clean and free of debris/clutter  Pick up after your animals  Keep grass neatly trimmed  Respect your neighbors and their property  Notify the BOD of any violations or nuisances you are unable to resolve  Check the website for news and updates  Police yourself and be familiar with the covenants and restrictions of Greenbrier (e.g. No storing of RVs, boats and trailers etc.)

17. Homeowner Involvement  Volunteers are needed for the following committees Welcoming Architectural Finance  Sign up sheets at registration desk

18. Questions and Answers