Seven Springs Owners Association

Minutes

March 15, 2004 Board Meeting

• Present: Paul Drda, Patricia Swart, Roy Jewell, Pete Roybal and the Agent-Mike Crowley. Mat Maxwell and Miste Adair were not present. Bart with Rocky Mountain Monitoring was present.

• Bart with Rocky Mountain Monitoring discussed the monitoring and towing procedure. The Board will consider increasing the frequency to twice a month.

There was confusion regarding who the towing company would be. Last months minutes stated it would be MAXX, however, it will be Cars, Inc.

• The February 16, 2004 minutes were approved as submitted.

• The February 29, 2004 financial statements were reviewed and approved subject to audit. Payables were reviewed and checks were signed.

• The Board discussed additional costs on a vanity cabinet for the repairs to a unit,

the owner will be advised of the decision.

• Paul returned a voided check to Gordon Signs.

• The Board accepted the resignation of Miste Adair.

• The Board approved a handicap designation sign for the use of unit I-3.

• The Board approved the Agent to accomplish the minutes until a Secretary is available to do the minutes. The Board will look for a replacement Board member.

• The Board members signed the World Savings signature cards.

• A homeowner was present and responded to a violation letter regarding no dogs.

• The Agent will execute a couple of work orders for maintenance items.

• The Agent and a Board member will be working on concrete bids.

• The Agent is working on bids for sump pumps.

The next meeting is scheduled for April 19, 2004 at 6:00 PM.

In the Executive Session the Board discussed personnel matters and the delinquent accounts.

With there being no further business, the meeting was adjourned.

Respectfully Submitted,

Mike Crowley-Agent for

Seven Springs Owners Association

THE MINUTES MAY BE POSTED ON THE WEB-SITE OR DISTRIBUTED PRIOR TO THE BOARD APPROVING THE MINUTES.