1. 1 Annual Meeting January 27, 2010

2. 2 Agenda Introduction of Current Board members Announcements by Officers and Committees Review of 2009 Financials and 2010 Projections Election of Officers Other association business Adjournment

3. 3 Board Members 2009 NameResponsibility Ben EftingBen EftingPresident Ben Efting Melanie Reyes Melanie Reyes Vice President Melanie Reyes Cathi WiseCathi WiseSecretary Cathi Wise Jim GerlandJim Gerland At Large Jim Gerland Bruce HanksBruce HanksAt Large Bruce Hanks

4. 4 Committee Chairs 2009 NameResponsibility Tracy WamsleyTracy WamsleyDeed Restrictions Tracy Wamsley Scott JamesScott JamesArchitectural Committee Scott James Lisa NorwoodLisa NorwoodMaintenance Committee Lisa Norwood Pat GarnerPat GarnerFinance Pat Garner Bill ColeBill ColePool Management Bill Cole Amy EftingAmy EftingWeb Master Amy Efting

5. 5 Announcements & Reports Presidential overview Committee Reports Garage Sale/ Recreation Garage Sale/ Recreation Maintenance Maintenance Architectural Control Architectural Control Deed Restriction Deed Restriction

6. 6 Garage Sale/Recreation Yard of the Month April through October Winner received Home Depot Gift Card Winner received Home Depot Gift Card April - 1403 Frontier April - 1403 Frontier May - 1201 Buttonwood May - 1201 Buttonwood June – 1506 Oak Hollow June – 1506 Oak Hollow July - 1204 Cambridge July - 1204 Cambridge August – 608 Pine Needle August – 608 Pine Needle September - 1502 Oak Hollow September - 1502 Oak Hollow October – 1307 Beechwood October – 1307 Beechwood October 10, 2009 annual garage sale 70 participants (versus 58 in 2008) 70 participants (versus 58 in 2008) Pool open May through September Fri/Sat/Sun busiest days Fri/Sat/Sun busiest days

7. Pool Usage No. of people DayMostLeastAverageper hour Saturday1805010025-30 Sunday1504510020-25 Tuesday1253070-7520-25 Wednesday1002565-7020-25 Thursday1002070-7520-25 Friday145458020-25

8. 8 8 Maintenance Seasonal flowers & mulching of Castlewood & Falling Leaf entrances, medians and falling leaf entrance Repairs to tarp pylons at pool (Ike damage) Tree removal & replacement (pine beetles) Flag replacement Holiday decorations Electrical repair at Falling leaf Applewood pool cabana ceiling fan & security light replacement Report street light outages to TNP at (888) 866-7456 – multiple reports of security light vandalism and outages

9. 9 9 Architectural Control Computer review and approval process Converting paper records to electronic for better research access and easier storage 17 requests approved 2 requests disapproved Breakdown by type of Request Pool (2), Patio cover (1), Fence (2) Pool (2), Patio cover (1), Fence (2) Driveway (2), Siding (4) Windows (1) Driveway (2), Siding (4) Windows (1) Roof (2), Painting (2) Roof (2), Painting (2) Storage Building (3) Storage Building (3)

10. 10 Deed Restriction 54 Violation Notices sent 1.Vehicles Cars, Boats, RV’s, trailers stored in drive/grass 2.General Appearance Trash, Algae stains, Window Trim, Mowing 3.Notices on damaged fences suspended since Ike. Request have been made for clean up of downed fences. 4.Change in fencing requires ACC approval

11. 11 Financial Review

12. 12

13. 13 Financial Review

14. 14 HOA Dues Change Dues increase to $240.00 on January 1, 2008. Billed January 1, 2009 and due by April 1, 2009. WTHOA dues still among lowest in Friendswood Increased energy costs impact HOA fees Comparison of WTHOA dues to others in Friendswood West Ranch (proposed)$1500 West Ranch (proposed)$1500 Friendswood Lakes$495 Friendswood Lakes$495 Eagle Lakes$395 Eagle Lakes$395 Falcon Ridge II$395 Falcon Ridge II$395 Falcon Ridge I (no pool)$195 Falcon Ridge I (no pool)$195 Forest of Friendswood (NP)$395 and up Forest of Friendswood (NP)$395 and up

15. 15 Election of Board Members Two Board openings ACC Chairperson Nominees (2 year term)

16. 16 Other Business Newsletter editor Volunteer sign up FHS Improvements Broken Curbs and Standing Water

19. Broken Curbs Standing Water Who to report it to: Public Works 1306 Deepwood Office Hours: Monday - Thursday 7:30 am - 5:30 pm Friday 8:00 am - 5:00 pm Water/Sewer/Wastewater 281.996.3382

20. 20 Goals for 2010 Maintain neighborhood property appearance and home value Improve financial position of WTHOA Build reserve Build reserve Collect delinquents Collect delinquents

21. 21 Annual Meeting January 27, 2010