PLAYMOR BERNARDO

HOMEOWNERS ASSOCIATION

BOARD OF DIRECTORS MEETING

APRIL 22, 2002

here to go back

PRESIDENT JEFF WILSON CALLED THE MEETING TO ORDER AT 7:10 P.M.

MEETING MINUTES OF MARCH 18, 2002 WERE APPROVED (MSC)

ATTENDANCE: SEE THE LIST AT THE OFFICE.

OWNER'S FORUM:

7:10 P.M. - 7:15 P.M.: PRESENTATION BY OWNER AND COWORKER ON CURRENT REAL ESTATE MARKET AT PLAYMOR BERNARDO.

TREASURER'S REPORT

QUARTERLY BUDGET MEETING WAS HELD. THE TREASURER REVIEWED RECONCILIATION OF THE ASSOCIATION'S OPERATING AND RESERVE ACCOUNTS. BUDGETED REVENUE AND EXPENSES HAVE BEEN COMPARED TO ACTUAL FOR EACH ACCOUNT. THE BOARD OF DIRECTORS APPROVED THE REPORT.

MANAGER�S REPORT

• FINANCIAL REVIEW GIVEN
• NEXT OWNER CORRESPONDENCE TO BE ADDRESSED BY JEFF WILSON
• RECEIVED $11,000 FROM INSURANCE ON WIND DAMAGE CLAIM
• UPDATED BOARD ADDRESS LISTING

NEW BUSINESS

FY 2003 BUDGET REVIEWED AND APPROVED AS TEXT AMENDED (MSC)

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PREPARED BY THE ADMINISTRATIVE ASSISTANT

MSC = Motion, Second, Carried