MOODY POINT COMMUNITY ASSOCIATION

BOARD OF DIRECTORS MEETING MINUTES

The Board of Directors of the MPCA met on Monday, May 5, 2003 at Linda Edwards’ home. Present were Bill Bunting, Linda Edwards, Gary Marmontello, Adam Moore, Peg Regenbogen, Gloria Singer and Les Regenbogen, presiding. Guests were Chuck Dennehy, chairman of the Water Systems Group and Paul Ossenbruggen.

The meeting was called to order at 7:05 p.m.

Paul Ossenbruggen spoke to the board about walking his dog off leash. He had received a call from Great North notifying him of complaints from several homeowners that he was in violation of the rules set forth in our Warranty Deeds and protective covenants of most of our associations. Paul requested the board institute modification of the Warranty Deed for our common lands, to eliminate the requirement for pet leashing. The board thanked Paul for his position on this matter and agreed to take it under advisement and to notify him of its decision.

Chuck Dennehy updated the board on the current water situation. A 3/4'” hole was found in a pipe by the Dennehy's curb stop on May 5, 2003. This was repaired and the committee will continue to monitor the readings in order to determine the significance of this hole relative to our total amount of unaccounted for water. He also spoke to the board about the irrigation conservation program which must be put in place. It is the intent of the Water Systems Group to speak to each of the associations so as to delay the start up of the irrigation systems for the season until the water loss is found and get their agreement for water conservation as well. He also requested the board reiterate to developers and builders the need to adhere to the water conservation measures outlined and agreed to in the board memo of May 18, 2001.

The board extended it’s appreciation to Amos Blanchard and his crew for all of their efforts in helping isolate and correct the above identified problem and we look forward to his continuing assistance in the future, if required.

The minutes of the April 7, 2003 meeting were accepted.

Treasurer’s Report: Linda Edwards presented the board with updated budget figures.

She is currently working on a detailed report of all the water bills so the board will know how the Water and Sewer monies were spent. She repeated the probability that ongoing efforts to mend our water system losses may require a special assessment of the membership prior to the annual review of our budget at the annual meeting.

Committee Reports:

Environmental Committee: Peg Regenbogen informed the board that after the May 12^th Environmental Committee meeting, the committee, Chuck Dennehy and Les Regenbogen will walk the property with Sue Hoey, Soil Conservationist with the Natural Resources Conservation Services to inspect our culverts, drains and soil erosion. Further to soil erosion, the Environmental Committee has prepared an Environmentally Speaking piece on soil erosion which will be included with the May meeting minutes. The committee will also host a slide presentation on horseshoe crabs at Moody Point on May 16, 2003. This will be held at Roz Moore’s home at 1 p.m. and will be given by Cynthia Belowski who has just completed her Masters Degree in Natural Resource Management.

Community Life Committee: Adam Moore reported that the committee is planning quarterly social events and the next one is planned for June 8, 2003 at the Ormrods’ home. The committee is continuing to explore a location for an enclosed bulletin board. The board requested they research further its location. Andra Crawford will take over the responsibility of updating the Moody Point Address List. Please forward all future email and telephone number changes to her.

Web Site Committee: Les Regenbogen said that new information continues to be added periodically.

Open Matters:

Property Management: Les Regenbogen distributed a new management proposal from Great North Property Management Company. The association presidents also agreed to meet with principals of an additional prospective management company. The board anticipates reviewing the merits of the four prospective management companies with whom they have met upon completion of final interviews.

Policy Guide Distribution: The final version of the Guide to Rules and Policies was given to the association presidents to distribute to their members and renters. The presidents were asked to have each member sign for their copy so a record is on file that they did receive it. This Guide should be kept with owners’ copies of their Warranty Deeds, By-Laws, and Protective Covenants.

Screenhouse/Dock Railings Project: The board has received a bid from Northway Builders for modifications and repairs for the screenhouse, its deck and railings and the ramp railings. Les Regenbogen will contact Great North to solicit other bids prior to the

Board’s making a decision.

Other Business:

Advance budget considerations: Some future items to be considered are a backup diesel generator for our well house, annual view maintenance on Lots 4 and 11 (Common Land) and well house clean-up.

Great North advised that Pickering Marine will try to put the float in this week.

Epping Well and Pump informed the board that the required “no salt” signs are ready and that they are awaiting review of the sights for their installation.

The next meeting will be held on June 2, 2003 at Dick Johnson’s home at 7:00 p.m.

There being no further business, the meeting was adjourned at 9:15 p.m.

Respectfully submitted,

Peg Regenbogen