1. Westminster Park Association May 24, 2011

2. Westminster Park Association Agenda: – Introduction of Officers - Clay – Treasurer’s Report - Mike – 2011 Budget – Income & Expenses - Clay – 2010 Dues Catch-up - Clay – Street Repairs - Mike – Community Website - Mike – Open Discussion - All

3. Westminster Park Association Elected Board: – Clayton Leroue - 7285President – Bryan Ralph -7284Vice President – Mike Lavery - 7261Treasurer – Craig Bond - 7182Secretary – Darryl Adams - 7300At Large

4. Westmister Park Association Treasurer’s Report – Current Bank Account Balance$1,440.10 Reconciled Through 05/21/11 – 2011 Expenditures – Liability Insurance ($1 mil coverage) $207.00 – State of Mich – Agent change fee 5.00 – Supplies – Checks $81.04 Office $44.00 125.04 – Allied Road Repair 750.00 Total 2011 Expenditures $1,087.04 - Transactions reviewed 2009 -2010 No Concerns of issues at this time

5. WP Assoc Expense History Item 2009 2010 Prop 2011 Grounds $1,825 $ 250 $ 1,500 Legal 1,212 1,396 1,400 Insurance 177 201 201 License 20 20 20 Street Repair - - 750 Office -- 100 Total Exp $3,234 $1,867 $3,971 Reserve 788 1,494 390 Grand Total $4,022 $3,361 $4,361

6. WP Assoc. Revenues Item 2009 2010 Prop 2011 Dues $ 180 $ 200 $ 200 Projected 4,860 5,400 4,400 Actual $ 3,245 $1,940 - Bgt. Shtg. 1,615 3,460 0 Rev/Exp $777 $1,421 $39 Total Short $2,198

7. WP Association Proposed Association Dues Schedule 2011 - $200 Payable by 8/31/11 2010 - Catch-up Payable by 8/31/11*

8. WP Association Other Items: – Street Repairs – Community Website – 2011 Snow Plowing Program – Open Discussion