1. SAGHA Annual Homeowners Meeting August 28, 2012

2. Agenda  Collect ballots  Treasurer’s Report  Common Area Maintenance Presentation  Election Results 2

3. 3 SAGHA Common Areas Annual Homeowners Meeting August 28, 2012

4. Page 4 What we ’ ll cover  Why do we have an Association?  Why do we have common areas?  What are the common areas?  What are our responsibilities for the common areas?  How does that relate to our Association budget and my annual assessment? Do you think this is going to be boring??? NO WAY!

5. Page 5 Why do we have an Association?  Preservation, care, maintenance, replacement, improvement, enhancement, operation and administration of both real and personal property  Health, safety and welfare and the common use and enjoyment thereof by members (i.e. homeowners)  “ If the Common Open Space is dedicated or conveyed to governmental agencies, then the Association may be dissolved… ” It ’ s primarily because of the Common Areas we own!

6. Page 6 Summerfields of Gurnee is Unique! We (the homeowners) own 11.5 acres of land deemed “Common space” Which is ours to enjoy and maintain ! Protected natural habitats Creeks Protected wetlands Pond Park Open space Drainage (flood prevention)

7. Page 7 Why do we have Common Areas?  Storm Water Management Water Conveyance – Ensures water flows from North to South should there be a huge flood event (i.e. the 100 year flood); makes sure homes & property downstream doesn ’ t flood Detention Pond – manages increases in water from “ regular ” rain events Bufferyards – back of certain lots which border the Wetlands  Natural Resource Protection Areas – “ Wetlands ”  Recreational Area – Park  Emergency Access – Gate & access road

8. Page 8 What are OUR responsibilities for the Common Areas?  Maintain, repair & replace Added planting, replanting, care & maintenance of trees, shrubs, flowers, grass and all other landscaping Maintenance, repair and replacement of Stormwater Detention Facilities and other improvements Maintenance of Natural Resource Protection Areas (remove litter, remove dead & diseased vegetation, non native species) Maintenance, repair & replacement of aerators Maintenance, repair & replacement of emergency access road, gate, pavers, etc. Maintain Bufferyards Maintain, repair & replace recreational equipment Maintenance costs are community expenses and are the foundation of the Association Annual Budget

9. Page 9 View of the Common Areas Outlot A Wetlands (B) Detention Pond (D) Recreation Area (E) Outlot C

10. Page 10 View of the Common Areas Outlot A Wetlands (B) Detention Pond (D) Recreation Area (E) Outlot C

11. Page 11 Why should we need to maintain the Common Areas?  Easement to the County Primarily for Storm Management and Natural Resource Protection Areas County has an easement to inspect County can compel correction of the problem County can fix the problem and attach lien for the cost to each property  Ensure health, safety and welfare for our community  Maintain the aesthetics of our community We definitely want to do this!

12. Page 12 Common Areas and our Annual Budget  Maintenance Costs + Reserve for Capital Expenditures (replacement or new) = 95% of Annual Budget

13. Page 13 Maintenance & Capital Reserves  Maintenance Essentially the minimum required Does not include any removal of dead or invasive plants  Capital Reserve Allocation needs to be reviewed Should be reserving for other potential costs around maintenance & repair of common area There are other projects that need to be considered

14. Page 14 Projects completed this year  Created swale on south side of walking path to prevent flooding  Removed sediment in the stream to improve flow  Monthly algae applications for detention pond to limit algae  Mulch and log replacement at the park  Swing set equipment repairs

15. Page 15 Other Maintenance Projects needed  Stabilize & Repair Eroding Turf around Flared Section south of Summerfield Dr. ($1,490)  Removal of Buckthorn (invasive plant) near park path to prevent destruction of other trees ($5,595)  Removal of Common Reeds, Cat Tails, and other invasives in Wetlands ($3,300) – unwanted animals, inhibiting water flow, etc.  Re seeding after removal of invasives We will look at reallocating the reserves for potential funding of these projects

16. Page 16 What about improvements?  Improvements would be anything not covered under “ maintenance ”  Require approval by the Lake County Plat Officer & the SAGHA Board  Can be funded through special assessment needing to be approved in advance at a special meeting of the owners if cost is greater than 4 months assessment then in effect Maintenance is a must do…improvements are a can do if the community agrees

17. Page 17 Improvement Ideas  Pond Path (est. $4,300 mowed path; $18K gravel path)  Gazebo  Picnic tables Survey Monkey to get opinion of community?

18. Page 18 Do you feel like you know a little more?  For the 2013 Annual Budget Process, the Board will: Review allocation of capital reserves to ensure they make sense (i.e. Park Equipment replacement costs) Reallocate to free up dollars for other things we must do (i.e. phragmites & buckthorn removal) Look at grant opportunities if reserves are not available or determine how we fund in 2013 Document maintenance plan and inspection reporting for community to be available to all homeowners and future boards  What would you like to see in addition? Tell us what you think…e-mail us at sagha.board@gmail.com