Seven Springs Owners Association

Minutes

June 19, 2006

Present: Patricia Swart - President, Pete Roybal - Vice President, Roy Jewell - Treasurer/Secretary, Matt Maxwell - Director at Large, Peter Disher - Director at Large, Meeting Minutes-Shirley Garcia, CPS.  Seven homeowners were present.

Guest issues/questions:

a) C7- Questions on letter circulating throughout complex.  Answer: An open forum meeting will be held on July 13 from 7 p.m. to 9 p.m. to discuss any issues and answer questions.  The new management company, Realty One, will be introduced, as well as the association’s attorney will be present to answer any questions.

b) C7- Concerns on laundry room condition.  Board is working with the laundry company to possibly remodel.

c) J22- Would like copies of laundry room records.  Records are available to view during normal business hours.  Question on when building steps are to be painted.  Step painting is on the agenda for painting this year.  Question on deck maintenance.  The association is responsible for the structure only; homeowners are responsible for decking, rails and caps.

Meeting Minutes: May 15, 2006 meeting minutes approved.

Financial Statement Review: May 2006 Financial Statement was not reviewed.  Condo Care agent Mike Crowley was not in attendance and did not provide the Board with the May documents.

New Business:

Ÿ Condo Care received the letter of termination on June 13, 2006 with a 30-day notice.

Ÿ Smoke Detector Forms: All residents need to fill out forms and turn them in to the association.  This is a mandatory request from the Denver Fire Department.

Ÿ Emergency Alarm Pull Box: Pete Roybal contacted Colorado Alarm Company for a pull test.  The pull box was not activated.  Further evaluation of the system indicated the transceiver was not working properly and needs to be replaced.  Investigating cost of part replacement.

Ÿ Vehicle speeding through parking lots.  Board looking into speed bump installation.  Currently have one bid, waiting for other bids to arrive.

Ÿ Perimeter fencing between Water’s Edge and Seven Springs, waiting for reply from Water’s Edge if association will share the cost of repair/replacement.  Seven Springs looking at alternate fence, recommendation in using screws instead of nails to secure fencing.

Ÿ Pete Disher - Director at Large: Motioned waiving late fees for the months of May, June and July 1st due to delay of posting to accounts.  Board approved motion.

Ÿ Matt Maxwell - Director at Large: Motioned pool keys be distributed due to paid fees with proof of payment.  Board approved.

Ÿ Pat Swart - President: Turned the voting over to owners who were present to vote on allowing the Board to put a rented sign to advertise to the residence the new management company.  Owners voted and approved.

Ÿ Roy Jewell - Treasurer /Secretary: discussed the Comcast contract, additional changes are needed.  A history explanation was given to the homeowners on why the contract was needed to help prevent further property damage caused by Comcast Technicians.  A contract is needed for Comcast to enter the property legally.

Ÿ Garage/Parking Lot Sale: $100.00 was made from sale, all proceeds will go towards the Christmas celebration fund.

Ÿ Next board meeting, July 17, 2006, 7:00 pm, location: Clubhouse.

Executive Session:

Meeting adjourned

The minutes may be posted on the web-site or distributed prior to the board approving the minutes.