THE MASTER’S AT DEACONS WALK HOMEOWNERS ASSOCIATION ANNUAL MEETING OF MEMBERS THURSDAY, NOVEMBER 29, 2007, 7:00 PM

MINUTES

¾ PRESENTATION OF VOTING REGISTER

o Accepted as presented.

¾ PROXY CERTIFICATION, DETERMINATION OF A QUORUM

oQuorum met with 24 units represented in person and 2 by proxy, both certified.

¾ READING OF THE 2006 ANNUAL MEETING MINUTES

o Motion was presented to dispense with the reading of the minutes, motion passed unanimously. Motion was made to approve the annual meeting minutes of November 30, 2006 as presented, motion passed unanimously.

¾ REPORTS OF OFFICERS

o President Bratland spoke of the insurance claim and the reason the decision was made for replacement rather than overlay is the amount of depreciation that would have been forfeited.

¾ APPOINTMENT OF ELECTION INSPECTORS

o Motion was approved to dispense with the inspectors.

¾ ELECTION OF DIRECTORS

1. o Gary Reinecke and Ralph Kloiber were on the ballot; three times President Bratland requested nominations from the floor; motion was made and passed to close nominations. Motion was made to vote the ballot as written, passed unanimously to elect Gary Reinecke for 3 year term and Ralph Kloiber for 1 year term.
2. o Announcement with respect to future elections: 2008 and forward, One new board member will be elected each year for a term of 3 years.

¾ OLD BUSINESS

1. o Discussion regarding Moisture testing. The members requested the board research to establish what the documents allow as far as association involvement.
2. o Construction Defect Survey was mentioned and was agreed to email to members and they may use it as a tool in which to conduct their 10 year warranty inspection. It was also discussed the members return the form to Cedar Management so we may track any similarities.

¾ NEW BUSINESS

o Record for History:

i. 2009 Inspect all painted surfaces; 2006 all wood was painted including the garage doors.

ii. 2007 installed additional rock around foundations as a result of settling; completed by Noble Nursery (return visits required)

iii. 2007 installed new irrigation controllers ¾ ADJOURN, motion was made and passed to adjourn meeting, time was not recorded.

Respectfully submitted by Cindy Pedersen on behalf of the Secretary of the Board.