HASLEY HILLS HOMEOWNERS ASSOCIATION

MINUTES OF THE BOARD OF DIRECTORS MEETING

March 2, 2006

Present:                     Roger Ludwig                       President

                                    Larry Totter                            Vice President

                                    Jim DeMatte                          Secretary

                                    Michelle Griffin                     Treasurer

                                    Bob Throckmorton               Director
 

                                    Vicki Olson                            Association Management

Call To Order

The President called the meeting to order at 7:00 PM.

Approval of Minutes

Motion:  Roger Ludwig                                Second:  Jim DeMatte

Resolution:   The Board approved the minutes from the February 2, 2006 Executive meeting and the February 2, 2006 Board of Directors meeting.

Motion carried 5-0.  The Board tabled approving the February 22, 2006 Minutes of the Special Executive Session Meeting until the March Board meeting.

Financial Report

The Treasurer presented the financial report. 

Motion:           Roger Ludwig                       Second:         Michelle Griffin

Resolution: The Board approved the January 31, 2006 financial report as presented.  Motion carried 5-0.

New Business

Association Developer Claim

Dave Pierce, the HOA’s lead attorney from Castro & Associates, summarized the HOA case and differences between the two class actions filed by the homeowners, followed by a twenty minute questions and answer session.  Then the attorney for one of the class actions arrived and presented a similar summary of that case followed by about a five-minute question and answer period.  The two attorneys answered questions until the homeowners had no more questions to ask.  This entire agenda item took about forty minutes.

Adjournment

Motion:  Jim DeMatte                                  Second:  Larry Totter

Resolution:  The meeting adjourned at 7:45 PM

                                                                        _______________________

                                                                        Jim DeMatte, Secretary