Exeter Homeowners Association

The meeting was called to order at 7:00PM by Calvin Neal.

- On a motion by Whyte, seconded by Ptak, the Board unanimously agreed to approve the agenda as revised.

Liaison & Committee Reports

- During Resident forum, the following items were discussed without resolution; A resident requested permission from the Board to store her 8 ft Kayak in her backyard; a resident requested additional time to clean/power wash/repaint his deck, front door and stairs; a resident requested permission to install a rock creek bed on the right side of their yard as a preventative measure for a drainage problem; a resident requested approval of color samples to re-paint the trim; a resident requested a permanent waiver for a fountain in the front yard.

- The ARB reported to the Board that they were having issues with some homeowners not returning ACNs on time. They have six (6) months to complete after approval has been granted, and there are too many homeowners not submitting them back. They requested that the Board or PMP send out reminders to the homeowners on the six (6) month mark. They also asked that the updated shed guidelines be posted on the website.

- The Pool Committee reported to the Board that the sun dek has successfully been installed. They asked that the plants and umbrellas be put down into the basement and that shelves be installed in the guard office. They would like to have a discussion with PMP to figure out what needs to be purchased for the office after the painting and doors are done in April 2006.

- The Landscaping Committee reported that they are done for the year. They may have some additional tree planting until the ground is hard. There will be no more meetings until the spring.

Business Meeting

- Financial Report was presented by Misha Ptak. The financial summary through 08/31/05 is as follows:

Operating Account $89,397.50
Reserves $628,005.70
Delinquencies $21,313.92

- On a motion by Ptak, seconded by Neal, the Board unanimously agreed 5-0-0, to accept Blake’s stump grinding proposal as submitted.

- On a motion by Neal, seconded by Whyte, the Board unanimously agreed 5-0-0, to accept Montgomery’s Irrigation’s 2006 season irrigation service proposal.

- On a motion by Whyte, seconded by Torres, the Board unanimously agreed 5-0-0, to exchange the pool umbrella from patioumbrellas.com for five (5) of the 7 ½ foot Garden Umbrella in Navy/Dark Blue.

- On a motion by Neal, seconded by Cheplick, the Board unanimously agreed to accept 4-0-0, Sport’s Systems proposal to remove the metal slide at the Clubhouse tot lot, replace the trash container and repair/replace the slide at the Radford tot lot.

- On a motion by Whyte, seconded by Ptak, the Board unanimously agreed 4-0-0, to accept Yeattes Redden Electric’s proposal to fix the streetlight on Currant as proposed.

- On a motion by Ptak, seconded by Whyte, the Board unanimously agreed 4-0-0, to accept the proposal for the repair of the EFIS on the pool house.

- On a motion by Ptak, seconded by Whyte, the Board unanimously agreed 4-0-0, to apply excess funds to a Money Market fund.

The meeting adjourned at 10:05 PM.