Property Owners’ Association, Inc. Annual Meeting The Pines of Avon Property Owners’ Association, Inc. Annual Meeting

Welcome

Agenda Introductions The Year in Review 2007 Financial Results 2008 Financial Budget Election of Directors Questions & Answers

Introductions Pines of Avon Board Members Sentry Management, Inc. Chad Rogers, President Kirk Wakefield, Vice President David Soline, Treasurer Ryan Troxel, Secretary Kathy Lisby, Member at Large Terry Bond, Member at Large Nancy Glass, Member at Large Sentry Management, Inc. (317)251-9393 or aplesner@sentrymgt.com

The Year in Review Improvements Rip-rap rock on 2 more ponds New electrical system at entrance pond New trees around large pond New mowing and landscaping company Additional pond treatments Fewer Covenant Violations Great Association Fee Collection Rates Mailbox Review Fun Family Picnic and Successful Neighborhood Sale Positive Financial Performance

2007 Financial Results See Handout for 2007 Financial Results Board reviews financials monthly to ensure smart spending Volunteers helped save $ Revenue: Nearly full collection of annual fees Expenses: $2,000 or 7.5% under budget Reserve Fund: Paid for new trees and rip-rap Over $1,000 in interest earned Balance of approximately $16,000 at end of year

2008 Financial Budget Budgeting process Annual Fees remaining the same Slight Increases: Mowing, Animal control, Insurance, and Trees Plan to build reserve by $2,000 Special thanks to Charlie at PIP Printing for donating printing services Help keep legal fees down by paying fees on time and complying with covenants Volunteer, volunteer, volunteer!!!

Election of Directors

How can I get involved? Landscaping Weeding Litter pickup Committees Social Planning Give suggestions and feedback Contact chad@pinesofavon.org if you are interested

Website – www.pinesofavon.org On the website you can: Retrieve Documents Newsletters Covenants Architectural Change Forms Maps Submit feedback and suggestions

Questions & Answers

From The Pines of Avon Board Thanks for coming!!! From The Pines of Avon Board