Pine Ridge Ranch Property Owners Association

Board of Directors meeting for 11-12-05

The Board meeting was called to order at 2:00 p.m. at the home of Kathy and Arnold Tollefson.

I. Attendance

Arnold Tollefson – Vice President

Don Beamon – Director

Matt Allred – Director

Callie Allred – Treasurer

Frank Costa – alternate

Joseph Ginther - Director

II. Previous minutes

The minutes of the 10-15-05 board meeting were accepted as written.

III. Treasurer’s Report

Callie Allred gave the treasurer’s report. Arnold moved to accept the report; Matt seconded.

IV. Old Business

a. Cash gift from Tres – letter was reviewed by the board and accepted. Once signed by Dick, the letter will be mailed.

b. Dues – letter was reviewed by the board and some additions were suggested. 1. Add a clarification to the previous letter re power as to a full payment being accepted for rebate qualification. 2. A survey of who will be building as of spring so we can budget for road maintenance. 3. Include the board’s decision to rescind the snow plow assessment. A discussion was held re the possibility of those property owners who are not using the roads not paying the full annual assessment as it is increased each year and would only pay the initial $120.00 per year. The board felt that no action is required.

c. CC&R review – The board decided to discuss this issue at the next meeting after the lawyer has had a chance to finish her review.

d. Snow plow assessment rescinded – this item was added to the dues letter

V. New Business

a. Website – Matt Allred

Matt talked about our website – we will all have addresses ie: matt@prrpoa.com. It was proposed that we have a message board and a “meet the board” section as well as to name all who have paid for power. The board agrees with all.

b. Line item veto for covenants – Board agreed that this item will be discussed further when the CC&R’s go out.

c. Vice-Presidency/Arnold’s future roll in the association – Arnold T.

Arnold has agreed to stay on as vice-president until June, 2006 when a new VP will be elected. At that time the board will discuss the possibility of Arnold staying on with the board in an “advisory” position.

d. Annual Property Owners meeting to be moved from first week in June to Third week in June for 2007. This motion was unanimously agreed upon by the board. This change will be added to the bylaws and sent out with the revised CC&R’s. Kathy Tollefson has agreed to check into the use of the new community building in Fort. Laramie for our 2006 annual meeting. She will report back to the board with her findings. A committee was elected by Arnold to cater the next meeting. The committee is as follows: Kathy T., Matt A., Linda Beamon, Chris Rader & Deborah Raudins.

e. Set schedule for future meetings as to what will be addressed.

A tentative schedule was set as follows:

Dec. – recheck CC&R’s and add explanations as to why we are changing each item. Prepare approved CC&R’s and Bylaws for a January mailing.

Jan. – Prepare road plan ie: phases, budget, priorities… get an idea of the cost and review spending categories.

Feb. – review the budget and road plan re: maintenance, improvements etc. Also, review party report/update from committee.

f. Power will be done sooner than April 1. Should we change that date?

This issue was discussed and the April 1 date will not be moved. However, the November 15 date has been extended to November 30 as to when interest will begin to accrue.

g. A speed limit sign for 30 MPH will be posted at the front gate.

h. Frank Costa set in at the meeting and has agreed to be an alternate on the board.

VI. Adjournment

Meeting was adjourned at 3:34 PM. Next meeting is set for December 3 @ 10:00 AM