1. 1 Welcome to the Countrylane Woods II Homeowner’s Association, Inc. Annual Corporate Meeting March 1, 2010

2. 2 Countrylane Woods II Tonight’s Agenda  Proof of notice of meeting or waiver of notice  Reading of minutes of the preceding meeting  Reports of officers –Introductions –Residents Who Made a Difference in 2009 –2009 Accomplishments –2009/2010 Financial Update  Reports of committees –Architectural Control Committee  Election of Directors, if applicable  Unfinished/New business –Clubhouse kitchen remodeling –Replace tennis court gate & keys –Channel A Restoration –Subdivision Lawsuit Update –John Osthus-5 min. request  Home Owner Comments  Adjourn

3. 3 Countrylane Woods II Proof of Notice of Mtg. Post Card Newsletter Web Site

4. 4 Countrylane Woods II Reading of Minutes of Preceding Meeting CLWII Homeowners Association Agenda/Meeting Minutes, March 2, 2009 Directors in Attendance: see below H/O in attendance: Approx. 30 Meeting held at Barretts Elementary School Meeting called to order at 7:05 p.m. and adjourned at 8:05 p.m. 1. Trustees/Directors thanked Bob Hutteger for loaning the projector. Louise Weiderman was also thanked for bringing an extra projector in case there were any problems. This saved CLWlI about $260 ± including the school providing the screen. Weiderman was also thanked for bringing an extra projector in case there were any problems. This saved CLWlI about $260 ± including the school providing the screen. 2. Proof of Notice of Meeting was provided by Keith Brown. 3. Reading of minutes of preceding meeting (March, 2008). Carol Weber read the minutes of the 2008 corporate meeting. Minutes were Carol Weber read the minutes of the 2008 corporate meeting. Minutes were accepted and approved. accepted and approved.

5. 5 Countrylane Woods II Reading of Minutes of Preceding Meeting 4. Reports of Officers: -Introduction of Directors/Trustees included Eric Ruegg, President; Mike Ritchie, -Introduction of Directors/Trustees included Eric Ruegg, President; Mike Ritchie, Treasurer; Carol Weber, Secretary; Keith Brown, 1st Vice President; Lynn Lee, Treasurer; Carol Weber, Secretary; Keith Brown, 1st Vice President; Lynn Lee, 2nd Vice President. 2nd Vice President. -Residents who made a difference in 2008 included -Residents who made a difference in 2008 included Lynn Lee, Clubhouse Rentals; Karen Paszek, Easter Egg Hunt & Nat’l Night Out; Eleanor Lyons, Ice Cream Treats for Nat’l Night Out; Don Dippold, Tennis court nets & chairs; Carol Weber, Newsletters; Keith Brown, Webmaster of CLWII website, Nat’l Night Out; Monica Brown, Swim Team Coordinator.

6. 6 Countrylane Woods II Reading of Minutes of Preceding Meeting 2008 Project Updates—Keith Brown reported  -Proposed volleyball court was found to be too cost prohibitive.  -Playground slide was able to be repaired rather than being replaced.  -Replaced old, rotting bench by tennis court.  -Added donated sand to playground.  -Repaired broken sewer line on ball diamond.  -Replaced cover on lap pool.  -Replaced pool check-in desk.  -Kept pool open 1 hour later on Tues. & Thurs. in July.  -Replaced two wooden pool benches.  -Replaced urinal in men’s restroom.  -Purchased deodorizing equipment for men’s and women’s restrooms.  -Started clubhouse siding & gutter project.  -Replaced broken trapezoid windows in clubhouse.  -Replaced restroom partitions.

7. 7 Countrylane Woods II Reading of Minutes of Preceding Meeting -Financial Update-a financial overview was given by Treasurer, Mike Ritchie. He reviewed CLWII’s income and expenses and detailed the financial management and reviewed CLWII’s income and expenses and detailed the financial management and the budget processes for the upcoming year. the budget processes for the upcoming year. Account Balances: Account Balances: AccountBalance 12/31/07Balance 12/31/08 Checking$ 35,434$ 35,829 Money Market 36,501 36,896 Cert. of Deposit 94,936 97,622 Total$166,871$170,347 Income-Expense Summary Income-Expense Summary 2008 Budget2008 Actual2009 Budget Total Operating Income$131,420.00$133,035.03$131,420.00 Interest Income 6,000.00 $3,297.83 $ 4,000.00 Interest Income 6,000.00 $3,297.83 $ 4,000.00 Total Income$137,420.00$136,332.86$135,420.00 Total Income$137,420.00$136,332.86$135,420.00 Total Expenses$140,675.00$132,784.55$145,515.00 Net Operating Income less Total Expenses-$ 3,061.87$ 6,433.61-$ 7,651.39 less Total Expenses-$ 3,061.87$ 6,433.61-$ 7,651.39

8. 8 Countrylane Woods II Reading of Minutes of Preceding Meeting 5. Reports of Committees: -Architectural Control Committee—Joel Kray, Chairperson, thanked all the members -Architectural Control Committee—Joel Kray, Chairperson, thanked all the members of the ACC for their hours spent in reviewing and approving homeowner remodeling of the ACC for their hours spent in reviewing and approving homeowner remodeling and replacement requests. Members include Karen Kenny, Eric Nestel, Tania and replacement requests. Members include Karen Kenny, Eric Nestel, Tania Newsome, and Kathy Rayfield. 35 applications were submitted in 2008. Newsome, and Kathy Rayfield. 35 applications were submitted in 2008. 6. Unfinished/New Business: -Finish 2008 siding project -Finish 2008 siding project -Update all 3 pools with anti-entrapment equipment -Update all 3 pools with anti-entrapment equipment -Lawsuit update (see attached document for further detailsl) -Lawsuit update (see attached document for further detailsl) -New Lifeguard/Pool operation contract -New Lifeguard/Pool operation contract -Countrystone curb cuts will not be permitted, according to a recent update provided -Countrystone curb cuts will not be permitted, according to a recent update provided by Manchester Ward 2 alderpersons. Court ruled in favor of Manchester. by Manchester Ward 2 alderpersons. Court ruled in favor of Manchester. 7. Homeowner Comments & Adjourn: -After each subject in agenda, there was a question/answer period for homeowners. -After each subject in agenda, there was a question/answer period for homeowners. Meeting adjourned 8:05 p.m. Meeting adjourned 8:05 p.m.

9. 9 Countrylane Woods II Reports of Officers-Introductions  Directors/Trustees –Eric Ruegg –Mike Ritchie –Carol Weber –Keith Brown –Lynn Lee

10. 10 Countrylane Woods II Reports of Officers-Introductions Residents Who Make a Difference  Lynn Lee, Clubhouse Rentals  Dennis, Mia & Kaia Maddock; Gale, Glen & Gavin Portman, Reroute common ground walking path  Karen Paszek, Easter Egg Hunt  Don Dippold, Tennis Courts  Carol Weber, Newsletters  Keith Brown, Webmaster

11. 11 Countrylane Woods II Report of Officers- 2009 Accomplishments Common Groun d  Added mulch to picnic grounds  Rerouted walking path from Chestnut Ridge to Clubhouse (volunteer effort, no costs in 2009 but may be some for 2010)

12. 12 Countrylane Woods II Report of Officers- 2009 Accomplishments Pool  Anti-entrapment grates and electronics installed-all 3 pools  Purchased new lounges and side chairs for 2010 season

13. 13 Countrylane Woods II Report of Officers-2009 Accomplishments Clubhouse  Completed residing  Replaced damaged doors due to vandalism  Replaced restroom doors  Repaired vaulted ceiling & painted all ceilings-upstairs  Painted walls & ceiling, stained cedar-downstairs  Secured new snacks vendor for 2010

14. 14 Countrylane Woods II Report of Officers-2009/2010 Financial Update OOOObjectives –T–T–T–Total Expense = Total Income MMMMinimize or Eliminate Taxes –M–M–M–Manage Money Effectively IIIInterest earned OOOOperating Income OOOOperating Expenses PPPProject Expenses

15. 1515 Countrylane Woods II Report of Officers-2009/2010 Financial Update  Operating Income AssessmentsAssessments Clubhouse RentalClubhouse Rental Newsletter AdsNewsletter Ads  Non-Operating Income Interest From Bank AccountsInterest From Bank Accounts Dividends From CDs & Money MarketDividends From CDs & Money Market  Operating Expenses  Expenses mandatory for the maintenance and operation of pool, clubhouse, common grounds, and administration of the subdivision  Project Expenses Expenses not mandatory for maintenance and operation of CLW II facilitiesExpenses not mandatory for maintenance and operation of CLW II facilities

16. 16 Countrylane Woods II Report of Officers-2009/2010 Financial Update  Manage Income –Total Income = Operating Income + Interest/Dividends –Operating Income is primarily affected by changes in the Assessment of Homes  Manage Expenses –Total Expense = Operating Expense + Project Expense

17. 17 Countrylane Woods II Report of Officers-2009/2010 Financial Update Account Balances Account Type Balance 12/31/08 Balance 12/31/09 Checking$35,890$33,919 Money Market$36,896$37,061 Certificate of Deposit$97,746$101,217 Total$170,532$172,197

18. 18 Countrylane Woods II Report of Officers-2009/2010 Financial Update Total Income-Expense Summary 2009 Budget 2009 Actual 2010 Budget Total Operating Income$131,420$130,652$141,360 Interest Income$4,000$3,687$2,500 Total Income$135,420$134,339$143,860 Total Expenses$145,515$132,677$141,895

19. 19 Countrylane Woods II Report of Officers-2010 Finances Complete the following 2010 Projects  Clubhouse kitchen remodel  Replace tennis court gate & keys  Manage Expenses to Meet Income

20. 20 Countrylane Woods II Reports of Committees ACC Introductions  Architectural Control Committee –Karen Kenny –Joel Kray (Chairperson) –Eric Nestel –Tania Newsome –Kathy Rayfield

21. 21 Countrylane Woods II Reports of Committees Architectural Control Committee Summary of 2009 Approved Applications for Review of Exterior Home Repair / Improvement Projects Total of 37 Applications Received  15 Exterior of Homes Stained or Painted  8 Replacement Siding Projects  4 with LP Smart Siding  3 with CertainTeed Cement Fiberboard  1 Traditional Home with Vinyl

22. 22 Countrylane Woods II Reports of Committees Architectural Control Committee Summary of 2009-continued  3 Replacement Decks  2 Stain Existing Decks  5 Window Replacement Projects  1 Replace Garage Door  2 Install /Replace Storm Door  4 Paint Exterior Doors, Paint Garage, Paint Shutters  4 NEW Fences  1 Replace Existing Fence  1 Replace Awing  1 Replace Gutters & Downspouts  1 Paver Patio with drainage system

23. 23 Countrylane Woods II Reports of Committees Architectural Control Committee Summary of 2009-continued Disapproved Applications for Review Exterior Home Repair / Improvement Projects  2 Applications for Color AND Siding. Both were approved for siding material and Both were disapproved for color selection. Color selection by homeowners and approval by ACC pending Other Issues Letters Written to Homeowners  Letters were written to two homeowners regarding structures built on their respective properties. One has been removed and one is in the process of coming into compliance with the subdivision indentures.

24. 24 Countrylane Woods II Reports of Committees Architectural Control Committee Summary of 2009- continued Other Issues- continued  A letter was written to a homeowner whose exterior painting was done with a disallowed color and deemed to be in non- compliance with the subdivisions indentures. Repainting is scheduled for this spring.  A letter was written to a homeowner regarding encroachment onto common ground with landscaping. Follow up will be in spring.  Photo Archive of All Homes To Be Updated  A photo archive of the exteriors of all homes in Countrylane Woods II was conducted in 2006. Taking updated photos of completed (approved) home repair projects should occur this spring.

25. 25 Countrylane Woods II Reports of Committees Architectural Control Committee Summary of 2009-continued Reminder to ALL Residents of Countrylane Woods II  A Review for Architectural Control Should be Completed for Any Exterior Home Repair or Improvement Project except planting trees and shrubs  This quick and painless process is in place to prevent a homeowner from making mistakes that may end up costing them time and money.  Pleases ask for permission in advance.  Do not ask for forgiveness after the fact  Projects done in violation of the subdivision indentures will need to be redone at the homeowner’s expense.

26. 26 Countrylane Woods II Election of Directors, If Applicable Keith Brown elected as new trustee and corporate director/1st Vice President – November 2009. Keith Brown elected as new trustee and corporate director/1st Vice President – November 2009.

27. 27 Countrylane Woods II Unfinished/New Business  Volunteers Needed  Architectural Control Committee  Trustee Positions  Easter Egg Hunt Chairperson  Clubhouse/Picnic Area Clean-up  Simple repair work at clubhouse  Paid Person  Teenage person for on-going clubhouse duties

28. 28 Countrylane Woods II Unfinished/New Business  Replace tennis court gate & all keys (complete by 4/30 prior to pool pin distribution)

29. 29 Countrylane Woods II Unfinished/New Business  Remodel clubhouse kitchen (complete by 5/15 prior to spring rentals)

30. 30 Countrylane Woods II Unfinished/New Business Channel A Restoration

31. 31 Countrylane Woods II Unfinished/New Business Channel A Restoration

32. 32 Countrylane Woods II Unfinished/New Business Channel A Restoration

33. 33 Countrylane Woods II Unfinished/New Business Channel A Restoration  Approved Budget: $2.5 M  Accepted Bid: < $2.0 M  Project Goal: Return creek bed to its level when Seven Oaks homes were originally built  Time Frame: 5/15 -12/31/10  CLW II Impact: 1 of 2 access points on Country Hill Ln.

34. 34 Countrylane Woods II Unfinished/New Business Channel A Restoration

35. 35 Countrylane Woods II Unfinished/New Business Channel A Restoration

36. 36 Countrylane Woods II Unfinished/New Business Channel A Restoration

37. 37 Countrylane Woods II Unfinished/New Business Channel A Restoration

38. 38 Countrylane Woods II Unfinished/New Business Channel A Restoration  3/1/10, Send letters for inspections & documentation  3/1-4/15/10, Perform inspections: home, street, row & common ground  4/26-4/30/10, Survey Seven Oaks pond & layout clearing limits & assess roads  5/1-5/15/10, Assess areas & setup jobsite trailer  5/15-12/31/10, Clear & grind debris, retaining walls, site improvement, grading Dave Buckel-Owner; buckel.dave@idealandscape.com buckel.dave@idealandscape.com Ofc: 314-892-9500, Ext 14 Project Mgmt. Co.

39. 39 Countrylane Woods II Unfinished/New Business Channel A Restoration Subcontractors  Vibration Monitoring- Vibratec  Geotechnical Testing- SCI & City Design  Arborest- Hansons Tree Service  Storm Water Inspection- Wehmeyer Farms  Retaining Wall Design- Aspen Consultants  Storm Sewer Work- Tap Utilities  Live Stake, Bare Root & Seeding- Wehmeyer Farms Project Mgmt. Co.

40. 40 Countrylane Woods II Unfinished/New Business 2009 Lawsuit Update  Trial was suspended pending a by-law vote as ordered by the Judge. Copies of the current bylaws as well as those proposed by the plaintiffs were sent to all homeowners of record.  An explanation meeting was held on April 2nd at Carmen Trails School to explain both sets of bylaws. The meeting was chaired by the respective party’s attorneys.

41. 41 Countrylane Woods II Unfinished/New Business 2009 Lawsuit Update  Revised copies of the proposed bylaws as well as the current bylaws were mailed to homeowners of record along with a ballot. A “For” vote signified approval of the proposed bylaws and an “Against” vote signified approval of the current bylaws. The ballots could be mailed in or brought in person to the clubhouse no later than June 4th, 2009.

42. 42 Countrylane Woods II Unfinished/New Business 2009 Lawsuit Update  The results of that vote were tabulated by City and Village Tax Office. Results: 84 votes “For” 219 vote “Against” 28% “For” 72% “Against” 28% “For” 72% “Against”  The results were submitted to the Court  The defendants filed for a motion for summary judgment  The judge ordered both parties to file their findings and points of law. (September)  We are awaiting the Judge’s decision

43. 43 Countrylane Woods II Unfinished/New Business  5 min. request - John Osthus

44. 44 Countrylane Woods II Homeowner Comments Countrylane Woods II Homeowner Comments

45. 45 Countrylane Woods II Adjourn Countrylane Woods II Adjourn

46. 46 Countrylane Woods II Homeowner’s Association, Inc. Thanks for attending and please drive home safely