Pine Ridge Ranch Property Owners Association

Board of Directors meeting for 10-15-05

The board meeting was called to order at 7:00 p.m. at the home of Kathy and Arnold Tollefson.

I. Attendance

Dick Gosselin – President

Arnold Tollefson – Vice President

Don Beamon – Director

Matt Allred – Director

Callie Allred – Treasurer

Linda Gosselin – Secretary

Joseph Ginther - Director

II. Previous minutes

The minutes of the 8-6-05 board meeting were accepted as written.

III. Treasurer’s Report

Callie Allred gave the treasurer’s report. Arnold moved to accept the report; Don Beamon seconded. The report is attached herewith.

IV. Old Business

a. Website update – Joseph Ginther

Joseph created a Yahoo group site six weeks ago. The site contains a map, minutes of the PRRPOA meetings, and a group discussion board. Joseph has contacted property owners who have given their email addresses. All agreed that the letter that accompanies the CC&R’s should have a note in it about the Yahoo group site so that more may be informed about its existence.

b. Retaining an attorney – Dick Gosselin

Dick has spoken to Ann Schneizer, attorney in Torrington, about representing PRRPOA. She requires no retainer and charges $125 per hour. Joseph made a motion to accept Ann as our attorney; Don seconded; motion passed. Dick will review the CC&R changes with Ann as our first order of business with her.

c. Board Insurance – Dick Gosselin

Dick related his findings in looking for insurance for the board of directors. Cost range varied from $500.00 - $4,000.00. Most insurance agencies required the board to be in business for at least one year before they would carry us. Two insurance companies would insure without the one year wait. AIG is the company that had the best plan. All board members approved going with AIG. Jerry White at national Farmers Union Insurance Co. in Torrington is our agent on the account. He can be reached at 1933 Main Street, Torrington, 307 532 5803. The insurance policy will be held by the secretary.

d. Sign Removal – Arnold Tollefson

Arnold would like to leave the sign in town and remove the one located 3 miles out of town. Joseph moved to remove the sign three miles out; Matt seconded; motion passed. Don motioned to have the sign in town stay until the end of the year. Matt seconded; motion passed.

e. Mowing and Road Maintenance -Dick Gosselin

Joseph suggested that only roads used the most get the attention. Dick, Don and Arnold related that is what is being done. Monies to date have been spent fixing washouts, dangerous corners and uneven tracks.

f. Power issue – Dick Gosselin

Commitment forms were issued and remain open until 10-31-05. Currently, people have responded on 106 lots out of 167 lots that need power. If enough money is collected, work by Wyrulec would start 11-14-05 and continue for

45-60 days.

g. Trash Service – Dick Gosselin

Dekrell’s offer for locating on their land was not accepted due to cost. Item tabled until more interest is noted.

V. New Business

a. Cash gift from Tres Brooks

The board will send a thank you letter to Tres for the money he sent.

b. Dues

The annual dues for 2006 have been increased to $132.00 or 10% as set forth in our CC&R’s. This motion was moved by Joseph, seconded by Arnold and passed.

c. CC&R review

i. Subdividing rules – it was agreed to consult a lawyer as to the possibility of changing the subdivision covenant in the CC&R’s to specify no lot less than 40 acres

ii. Lighting rules – A change was made to the covenants in regard to lighting that allows an up light for a flag only and other specifics regarding acceptable types of light. These will appear in our revised CC&R’s.

d. Resend the $ 20snow plowing assessment - passed

VI. Adjournment