1. 1 Sierra Springs Community Association Annual Meeting 1215 hrs 21 March 15 2015

2. 2 Agenda Introduction Minutes of the 2014 Annual Meeting 2015 Election 2014 - 2015 in Review Annual Calendar FY 15 Financial Report FY 15 Issues Homeowner’s Forum Volunteers - Both DIY Projects and for Committee Chairs Results Of Election Question - Comments Adjournment Slide set can found at: https:\\sierraspringshoa.info Under IMPORTANT DOCUMENTS

3. 3 Introduction * As required by our by-laws *Members terms are up in March 2015 **Replaced Julie Hill In 2016 3 of 7 Board Members will be elected The SSCASV Annual Meeting is conducted each March It provides a summary of events that occurred in our community since our last Annual Meeting,current community issues, and the election of the 2015-16 Board of Directors (BoD).* Current Board Members George Monken, President Paul Valentine, Vice President Elaine Kimler Secretary* George Monken, Treasuer Gene Bodeen * Dave Carter * & ** Chazz Owens

4. 4 2015 Annual Meeting Minutes George Monken Previous Secretary

5. 4x New Board Members Term March 2015 - March 2017 Election Committee collect and tally votes 5 2015 Election

6. 2013-14 In Review * ROAD REPAIR - West End was Resealed - Special Thanks to Paul V. * East Gate - Relocated to provide Access to Lot 60 * Pre-emergent effort - Scheduled 01 Mar 14 * Pool Spa Pump replaced * On-site Reserve Study 6

7. 2015 – 2016 Calendar 2015 10 JAN (NLT) Nominations Committee Meeting (4x positions) 10 FEB HOA Meeting 6PM 14 FEB Mail Ballots to homeowners (New Board of Directors Election) 07 MAR Pre-Emergent Planned (Landscape Tm + Volunteers), 8AM 07 MAR Pool Palms -Trimming Planned (12) 21 MAR SSCASV Annual Meeting & Board Election Sierra Vista Library, 12AM 31 MAR (NLT) SSCASV homepage adjusted to reflect new board members 14 APR HOA Meeting 6PM) 16 MAY Community Wide Garage Sale 7AM 09JUN HOA Meeting 6PM 25 JUL Front yard plant replacements (Landscape Committee) 11 AUG HOA Meeting 6PM 22 AUG Budget Planning Meeting #1, 12 SEP Budget Planning Meeting #2 13 OCT HOA Meeting 6PM 14OCT (NLT) Budget proposal mailed to homeowners 14NOV SSCASV FY14 Budget Meeting & Community Vote Tally, SV Library 08 DEC HOA Meeting 6PM 2016 08 JAN (NLT) Nominations Committee Meeting (3x positions) 09 FEB HOA Meeting 6PM 16 FEB Mail Ballots to homeowners (New Board of Directors Election) 12 MAR Pre-Emergent Planned (Landscape Tm + Volunteers), 8A 12 MAR Pool Palms -Trimming Planned (12) 19 MAR SSCASV Annual Meeting & Board Election (TBD), 10-12AM Bimonthly Meetings the 2 nd Tues of each even numbered month unless noted otherwise (dates on website) 7

8. 8 2015 Financial As of 01 Mar 15 Reserve Account Funds:$ 15,0298.04 Operating Checking Account:$ 17,316.43 Total Cash:$ 167,614.47 FY 15 Operational Budget:$46,980 Contribution to Reserves:$20,357 Total FY 15 Budget:$67,337 Income from Assessments:$67,200 Difference will be cover by transfer income ($300 per house) SSCA BoD GOAL is to maintain an adequate reserve fund

9. 99 FY 15 ISSUES  Pool & Spa Resurface  Pool Deck, cleaned, painted, repaired 9 SSCA BoD GOAL is to maintain an adequate reserve fund

10. Homeowner’s Forum 10

11. Volunteers Keep our Costs Low Nominating committee Budget committee Architectural committee Landscape committee (Thanks George, Pat and Arturo) Maintenance committee (Thanks Dave and John) -------------------------------------------------------- Webmaster Self-Help Projects Without Volunteers the alternative would be to hire someone to do those tasks being done by volunteers.. This would greatly increase assessments. Volunteers 11

12. 2015 Election Results 2016-2017 3x New Board Members (March 2016)  Thanks To all the board members for their labors and dedication to the community of Sierra Springs  Congratulation to Newly Elected Board Members 12

13. Questions or Comments? 13

14. Immediately Following The Annual Meeting Special meeting to elect board member positions and committee chairs 2015 Annual Meeting Adjourned Next Meeting 07 April 6PM Location TBD Draft Minutes will be posted at pool and SSCASV homepage www.sierraspringshoa.info 14