1. RSCA Annual Meeting
3/25/2007

2. Agenda Welcome and Introductions RSCA Finances
Planning and Development
Grounds
Pool & Tennis
Social
UPCCA
15 minute Q&A
Covenants/Permanent Declaration
Goal
Why should we do this?
Review Survey Feedback
Permanent Declaration
Covenants
Final Q&A

3. 2007 RSCA Board Members President Chris Crock
VP and P&D Director Mike Randolfi
Treasurer Doug Foppe
Secretary Marti Kenworthy
Membership Ray Cobb
Pool and Tennis Mark Fee
Grounds Barry Adams
Social Erin Scalese
Covenants Matt McGahren
UPCCA Liaison Tamra Glenn

4. 2006 Income & Expenses

5. 2007 Budget

6. 2007 Dues Collections
The 2007 budget is based on a minimum of 110 full members and 51 civic members
So far, we have 51 full member and 28 civic members
To avoid the 10% late payment penalty, please pay by March 31st

7. Planning and Development – Mike Randolfi
2007 Improvements
Pool Tiles
Bathroom/Pump Room Repairs
Future Expenditures
2008 – Resurface Parking Lot - ~$15,000
2009 – Resurface Pool/Replace Filters - ~$10,000+
2010 – Rebuild Tennis Courts - $50,000 - $60,000

8. Grounds – Barry Adams New Flowers will be planted by April 1st
Pinestraw is going to be spread in the common areas and around the tennis courts by April 1st
Spring Clean Up
Please volunteer your time to help with our spring cleanup (Probably April 21st)

9. Pool and Tennis – Mark Fee
Sweetwater contracted for 2007 – 945 hours
Pool opens May 20th and will close Sept 4th
Work day – Saturday, April 21st
Much work has been done during the off season to ready the pool for opening day with no labor costs billed to RSCA.
New doors installed on pump room
New inline fan to be installed to keep airflow in pump room and conditions dry
New drywall installed where needed
All chemicals moved to small pump room leaving guard room clean and free of chemicals
Diving board has been refurbished
Pump and pooling issues have been addressed
Restrooms problems, wallboard, plumbing and tile are being addressed

10. Social – Erin Scalese Social Calendar Easter Egg Hunt – April 7th
Cinco de Mayo – May 5th
Volunteers Needed! – Please Sign Up
Supporting our Troops from River Station

11. UPCCA Liaison – Tamra Glenn
Description of UPCCA
We have as many votes as we do members
Sign Toppers

12. Everyone Please Sign in!!!
Q&A
Any questions?
Everyone Please Sign in!!!

13. Permanent Declaration and Covenants
What is the goal?
To have all current neighbors become members (full or civic) of RSCA
Upon the sale of a home subject to the Permanent Declaration, the new homeowner will purchase with the understanding that full membership is mandatory

14. Permanent Declaration and Covenants
Why is this necessary?
To develop guaranteed income to be able to cover upcoming capital expenditures which are occurring due to the age of the neighborhood and amenities.

15. Permanent Declaration and Covenants
Web Survey Results
64 Respondents
Aware of expired covenants?
82.8% - Yes
17.2% - No
In general, in favor of new covenants?
87.5% - Yes (49 votes)
5.4% - No (3 votes)
7.1% - Other (4 votes)
After reading, in favor of new Perm. Declaration?
71.2% - Yes (37 votes)
9.6% - No (5 votes)
19.2% - Other (10 votes)

16. Permanent Declaration Highlights
Purpose is to develop mandatory membership
Execution is voluntary with penalties should you want to join after the 90 day period after the Permanent Declaration is filed
Does not take effect until 66.7% have signed
Current owners have the option of full or civic membership
Future homeowners will have a mandatory full membership
Once a Full member, you can’t go back to Civic
Non-signer - Greater of $2000 or Sum of Dues + 25%

17. Covenants
When you sign the Perm Declaration, you are subjecting yourself to the protective covenants
Membership in the RSCA is the primary focus
The protective covenants are essentially the Gwinnett County state laws and ordinances
No architectural committee
Uses Georgia Property Owners Association Act recently passed

18. Q&A
Questions?
Thank You!