Meeting Minutes - Dec. 19, 2001

Len Almalech, Member at Large
Bryan Wilson, Guest-Enterprise Rent-a-Car Representative
Thereasa Bartusch, Guest-Enterprise-Rent-a-Car Representative

Michael Alfaro, Property Manager

I. APPROVAL OF MINUTES:

12.19.1a A motion was made and carried to approve the October minutes.

II. HOMEOWNER VIOLATION HEARINGS & ENTERPRISE RENT-A-CAR PRESENTATION:

12.19.2a Violation Hearing-Unit909-Per the notice of violation that was issued to unit 909, a
hearing was scheduled for December 19, 2001 to discuss the interpretation of the
associations governing documents pertaining to the established “Pet Policy”. The
unit owner contacted management prior to the meeting to request that the hearing be
rescheduled for the next board meeting due to a scheduling conflict. A motion was
made and carried by the Board members to reschedule the hearing to January 23,
2002.

12.19.2a Enterprise Rent-a-Car Presentation-Brian Wilson and Thereasa Bartusch presented information on a proposed plan to establish a program and guidelines for the association to participate in an after-hours automobile drop-off program for Enterprise patrons. In summary the proposal submitted by Enterprise consists of establishing an agreement between Enterprise and the association, which will compensate the association for accepting delivery of rented vehicles form Enterprise patrons between 6:00 P.M. and 11:00P.M. on weekdays, 1:00 P.M. and 6:00 P.M. on Saturdays and 9:00 A.M. to 6:00 P.M. on Sundays. It should be noted that the aforementioned time schedules are consistent with the hours of garage operation. In accordance with the proposed plan, a Museum Parc security guard will accept delivery of a vehicle and keys and the Enterprise patron will sign a standardized vehicle delivery form provided by Enterprise. Enterprise agreed that the association would not burden any responsibility for inspecting the condition of the vehicle or damages that may have occurred to the vehicle. Due to a potential conflict of interest board member Len Almalech abstained from the discussions and approval of the proposal. The board members present at the meeting decided to continue the final approval of the proposed plan to the next scheduled board meeting.

III. FINANCIAL REVIEW ITEMS:

12.19.3a Management provided the board with copies of the monthly assessment delinquency reports prior to the meeting. Management explained that $9126.76 of the $12,889.80 in delinquent assessments are comprised of (4) accounts that are 90-days past due. Management further explained that the owners who are 90-days in arrears have been sent to a collection agency. Management also provided the board with the collection agencies account status summary.

IV. MANAGEMENT REPORT:

12.19.4a Management reported on the following matters:
§ Action Matrix-Management provided the directors with a copy of the Action Matrix. Management summarized the various maintenance related activities of the association for the month November and December.

V. OLD BUSINESS ITEMS:

12.19.5a Common Area Remodel-Management reported that the common area remodeling plan is currently underway. Management further explained that they will soon develop a calendar and spread sheet to be distributed to board members and committee members each month to provide them with a progress report on of the remodeling program. Management provided the board with the following progress summary:

1. Hall Paint-Floors 8-12 are complete.
   
2. Elevator Lobby Vestibules-Floors 7-12 are complete.
   
3. Furniture-The furniture is ordered.
   
4. Light Fixtures-All of the light fixtures are ordered.
   
5. Carpeting-The carpet for floors 3-12 have been ordered.