Board of Directors Meeting — May 2008

The meeting was called to order at 9:16 AM. In attendance were:

Board of Directors: Terri Melcher, Andrew Moriarty, Andy Sentgeorge, Mal Shah

Property Management and Guests

Sue Fallwell — Omega Property Management

The minutes of the April 18th meeting were approved as submitted (4-0).

The financial report was discussed with a focus on late assessments. The attorney who started collections on late assessments was informed the mortgage company had foreclosed on 1206 Croydon Glen Ct. A motion carried (4-0) to write off the remaining assessment balance on this property to bad debt. The financial report was approved (4-0) with Sue to verify the Progress Energy charges with the reference of 101 Abbeydale Ct, which is not a Highcroft Community address.

The board reviewed the recommendations from the ARC and made the following determinations:

• 806 Landuff – approved (4-0) contingent on meeting all Town of Cary codes and all aspects of shed matching the current home; hardi-plank siding shall match the color of the home, trim shall match the trim color of the home, shingles shall match the shingles on the home, all doors and windows shall be consistent with home; and the shed shall be positioned up against the home.
• 515 Millsfield Drive – Approved (4-0) with the addition of the evergreens.
• 1129 Tamworth Hill Lane – Approved (4-0) with ARC recommended notes.
• 430 Chandler Grant – Approved (4-0) contingent on siding on screen porch to be of the same material and painted the same color as that of the house. Please advise neighbors of the project and obtain signatures in the future. Any required permits are the responsibility of the homeowner.
• 605 Laconia Woods Place – Approved (4-0) with ARC recommended notes.
• 5718 Highcroft Drive – Approved (4-0)

The Board asked to attend the next ARC scheduled meeting to discuss revisions to the ARC guidelines and the ARC review process. The next ARC meeting is 9 June 2008 from 7pm – 8 pm at Connelly’s Irish Pub.

The Board reviewed the pool committee notes. The Board approved (4-0) the use of 4 lanes for swim team practice and a practice swim team meet, with exclusive use of the pool, on Saturday 7 June with a revised time of 8am – 10:30am. It is requested that the team not use any loudspeaker system or bullhorn until after 9am.

The Board approved (4-0) Wakefield’s bid for plantings around the Candia pond.

The Board reviewed correspondence sent to the association.

The Board requested quotes for a concrete/boardwalk path from Candia to the swimming pool sidewalk, fountain for the Millsfield pond and mulch in the playground.

The next meeting was set for 13 June 2008 at 9:00am.

The meeting adjourned at 10:35am.