1. Annual General Meeting Home Owners Association Tuesday, October 11 th, 2011

2. Today’s Agenda 1. Meet the Directors 2. President’s Update 3. Highlights for 2011 4. Project Report 5. 2011 – Finance Report 6. Proposed 2012 Budget 7. Elections and Voting 8. Question and Answers

3. Meet the Directors  Brad Halbach  Shelyza Vasisht  Chadd Merrigan  Anna Martca (Interim Director)  Ashish Arora – (Interim Director)

4. President’s Update  Woodbridge home values strong in current market # 12 homes sold Year to Date Most homes are not on the market very long  Stolen Funds Recovered – Criminal Case Finalized Amount of $54,860 on March 4 th, 2011  Director Changes Shobit > Anna Martca Venkat > Ashish Arora

5. Highlights and Updates for 2011  4 th of July – Great turn out and great weather More ice cream and popsicles next year Completed Projects  Irrigation Upgrades Areas with no coverage new zones installed Relocation of sprinklers around swings  Bench Replacement  Rubber tile installation in playground

6. Projects In Progress  New swings in Phase 2 Park(Redmond Grant)  Drainage upgrades in Phase 3 North Park  Tree Replacement  Buffer around ponds

7. YTD Income & Acct. Balances

8. 2011 Expenses

9. Annual Dues for 2012  Dues to go down to $500 SF and $300 TH We continue to reduce fees annually but want to continue to budget for projects Projected $65,000 checking balance at EOY We are issuing a one time credit toward 2012 dues.  $150 SF and $90 TH – Credit  Net 2012 dues: $350 SF and $210 TH  Reserve Funds $70,000 reserve has been established Current reserve is sufficient and for future emergencies

10. 2012 Budget Income INCOME Annual Dues Condominiums$19,800 Single Family Homes$140,000 TOTAL Annual Dues$159,800 Other Inc$0 CD Interest$144 Checking Interest$0 Escrow Fees$2,400 Fines$0 Loss Recovery$0 TOTAL Other Inc$2,544 TOTAL INCOME$162,344

11. EXPENSES Administrative Social - Events Bank Fees$120 Annual Meeting$500 Insurance$4,000 July 4th$2,000 Legal Fees$1,000 Other Events$1,000 Postage - Mailings$500 TOTAL Social - Events$3,500 TOTAL Administrative$5,620 Taxes$300 Community Improvements$20,000 Utilities Landscaping Electric$3,000 Backflow Testing (Annual)$800 Water$30,000 Bark$10,000 TOTAL Utilities$33,000 Irrigation Repairs$8,000 TOTAL EXPENSES$159,220 Landscape Repairs$10,000 Maintenance (Monthly)$66,000OVERALL TOTAL$3,124 Playground Wood Chips$2,000 TOTAL Landscaping$96,800 2012 Budget Expenses

12. Open Nominations  What are you passionate about? Parks, Events, Administrative, Social  Your chance to make a difference!  Influence community decisions

13. Election of Directors  2 Director posts up for elections  Term ending 2014.  Canidates for Director’s posts Anna Martca Ashish Arora Any other nominations ???

14. Open Forum  Question and Answers