Wentworth Residents’ Association Annual General Meeting March 30, 2011

1. Wentworth Residents’ Association Annual General Meeting March 30, 2011

2. Agenda • Opening Remarks • Review Highlights from 2009 AGM • 2010 • Operating Budget • Planning • Nominations & Elections for Directors • Open Floor for General Membership Discussion

3. Board of Directors • Directors*: Greg Hillaby James Istvanffy Greg Leusink Barb Richardson Nicole Sylvestre • Secretary*: Liana Zingle • Treasurer: Andrea Lanyi • President: Sunil Joneja * Denotes a vacancy for 2011

4. 2009 AGM Review • Held on March 24, 2010 at the Co-op • 22 residents in attendance in addition to the board members • Meeting Highlights: • Continuation of area maintenance through Foothills Landscaping • Landscaping enhancements • General call for volunteers to serve as directors • City of Calgary land management agreement • Wexford incorporation into WRA

5. 2010 Financial Review Highlights • Financial position is sound • Current cash balance minus accounts payable is $95,000 • 2010 actual surplus was $29,000 higher than budgeted due to higher than budgeted payments from additional collections and new houses in Wentworth Glen

6. 2010 Financial Review

7. 2010 Revenue Detail

8. 2010 Expense Detail • Total expenses $78,693 • $3,794 Snow removal • $56,386 Grass cutting, garbage removal, watering, and planting • $4,990 Invoicing and other administration costs • $1,299 Insurance • $224 taxes • $12,000 Donation to West Springs School for playground

9. 2011 New Business

10. 2011 Budget Outlook Expense Estimates • $70,000 Base Services • $2,600 Plantings • $4,000 Extra watering and maintenance • $15,000 Estate signs, graffiti, painting • $5,000 Snow Removal • $1,300 Insurance • $225 Property Tax • $4,500 Administration (invoicing, CC and online fees) • $5,000 Community Events --------------------------------------- $107,625 Total Expenses

11. 2011 Budget Outlook Revenue Projection • 673 houses x $200 x 80% collection = $107,680 2011 Projected Net Surplus • $55 Sufficient cash flow to provide contingency and to consider area enhancements without further fee increase in 2011

12. Plans for 2011 • Continuation of maintenance services • Enhancements • Renew bushes along 85th street fence line • Prune and mulch around some trees • Paint black metal fences • Ongoing communication with City of Calgary regarding Landscape Management Agreement (approximately $2,000 per year) • Implementation of new collection policy for late fee payment • Addition of area amenities (trash cans, benches) • Approach Wexford to merge into the Association • Community events application process

13. Community Events • Event Criteria • Yearly or Per Event Budget • Special Requests • Frequency • Updated website during the year • Subscribe to be notified of upcoming events and changes via email • How to Reach Us • www.mywentworth.com • contact.wentworth@gmail.com

14. Call for Directors • 2 year term open for all Wentworth resident’s • 1 year term remains for president and treasurer position

15. Questions? Concerns?Comments?