Board of Directors Agenda for April 16, 2008

NOTICE OF MEETING
BOARD OF DIRECTORS
April 16, 2008

A meeting of the Board of Directors of San Diego Rancho La Cresta Homeowners Association will be held on Wednesday, April 16, 2008 at 7:00pm at the Scripps Ranch Community Center on Cypress Canyon Road in San Diego, California.

A G E N D A

Call to Order (Howard McLawhorn) ~7:00pm

Open Time for Homeowners ~7:15pm

Approval of minutes (Brent Kuykendall) ~7:30pm
-Regular Board Meeting Minutes of March 19, 2008

Financial Reports – March 31, 2008 (Jay Wurtzler) ~7:45pm
-Delinquencies
-Merrill Lynch Recommendations

Management Report (Bobbie Gibbs, CCAM) ~8:00pm
-Activity Report and Violation Log
-Architectural Log
-Steven Smith Landscape Report
-Easement Park Upgrade Proposal
-N.N. Jaeschke Proposal - Complete repairs and paint wrought-iron fences
-Brush Management Contract – N.N. Jaeschke, Inc.
-Homeowner Update Letter (Draft)

Correspondence ~8:45pm

Adjournment ~9:00pm

The next Regular Board Meeting is scheduled for May 21, 2008 at 7:00pm at Scripps Ranch Community Center on Cypress Canyon Road.

The next walk-thru is scheduled for May 19, 2008 at 9:30am at the corner of Angelique and Candy Rose Way.

Minutes for February 20, 2008 Meeting

SAN DIEGO RANCHO LA CRESTA HOMEOWNERS ASSOCIATION
REGULAR BOARD OF DIRECTORS MEETING
MINUTES
February 20, 2008

DIRECTORS PRESENT
Howard McLawhorn
Keith Greener
Todd Philips

DIRECTORS EXCUSED
Jay Wurtzler
Brent Kuykendall

CALL TO ORDER / VERIFICATION OF A QUORUM: The regular meeting of the Board of Directors was called to order after establishment of quorum on February 20, 2008 at 7:00 pm at the Scripps Ranch Community Center on Cypress Canyon Road. Also present was the Association’s manager Bobbie Gibbs from N. N. Jaeschke, Inc.

HOMEOWNERS SESSION: There were no homeowners present at this meeting.

APPROVAL OF MINUTES: The Board reviewed the Regular Meeting minutes for the meeting of January 16, 2008. Upon a motion duly made and seconded, the Board agreed to approve the Regular Meeting Session minutes as submitted and to place them on file for audit. The Board reviewed the Executive Session minutes for the meeting of January 16, 2008. Upon motion duly made and seconded, the Board agreed to approve the Executive Session minutes and place them on file for audit.

FINANCIAL MATTERS: The Board reviewed the Financial Statements, Bank Statements, and Delinquency Report for the period ending January 31, 2008. The Board tabled the financials until next meeting asking management to investigate an item. The Board also requested that management investigate the collection policy regarding the role of the Association in the collection of delinquencies. No further action was taken regarding delinquencies at this meeting.

REPORTS:
A. ARC – The Board reviewed the Architectural Log provided for them in the packet. No further action required at this time. Management was asked to send an application to homeowner at Lot #340 for a fence that was already installed and a reminder to paint the fence at Lot #51.
B. LANDSCAPE – The Board reviewed the landscape notes provided in the Board packet from the walk-through by Steven Smith on February 26, 2008.

OLD BUSINESS
Management will follow-up with ProTech Painting to make one final trip to finish painting wrought iron fences that were missed based on responses from the January Update letter sent to all homeowners on January 28, 2008 requesting them to advise the management company if their rear fence had not been painted.

Stucco Wall Painting
After careful review of the three proposals presented by management for the painting of the common areas stucco walls from ProTech Painting, Advanced Painting and N. N. Jaeschke, Inc. and upon motion, seconded and carried the Board approved the bid from N. N. Jaeschke in the amount of $43,416 to paint the exterior of the stucco walls facing the common areas and the other common area walls within the community.

Reserve Study
Upon motion made, seconded and carried the Board approved the proposal of $400 for Intraspect to do the Annual Update without the site visit.

CORRESPONDENCE

The Board reviewed the correspondence provided in the Board packet, no further action needed at this time.

ANNOUNCEMENTS AND ADJOURNMENT:

Next landscape walk-through – March 17, 2008 at 9:30am at Candy Rose Way and Angeligue Street.

Next Board Meeting – Wed, March 19, 2008. There being no further business to come before the Board, the meeting was adjourned at 8:30pm.

Respectfully Submitted,

____________________________________________________
Board of Directors
Prepared by Bobbie Gibbs, CCAM, Association Manager