Murray Lane Properties Common Facilities Association, Inc.

1. Murray Lane Properties Common Facilities Association, Inc. Annual Meeting January 29, 2009

2. Agenda • Introductions • Approval of preceding meeting's minutes • Year in Review • Association Structure • Financial Review • Pool Committee • Social Committee • New Business • Adjournment

3. 2007-2008 Organizational Structure

4. 2008 Year In Review • Some major repairs done! Including: • Pool Pump motor replaced. • All major pool diverter valves replaced. • Re-strapping 50% of pool furniture. • Flag lights installed. • Re-keying of gate lock and restroom doors. New keys issued. • Replaced ceiling fan in pavilion. • New trash can in parking lot. • Vandalism in pool area increased costs. • Higher than average electricity expenses. • Higher than average pool work needed.

5. 2008 Financial Summary Income $ 34,172 Operating Expenses $ 32,966 Capital Improvements $ 1,100 Change to Reserves $1,638 December 2008 Reserve Balance $ 40,957

6. 2009 Budget Income (107 x $300) $ 32,100 Operating Expenses $ 33,845 Capital Improvements $ 10,600 Change to Reserves ($12,345) Est. 2009 December Reserve Balance $ 28,612

7. Treasurer’s Report & Reserves

8. Pool Committee Members • Lane Wilson, Chair • Patty Schultz

9. HospitalitySocial Committee Carol Horan Karen Hoyt Helen Robbins

10. 2009 – New Business • Increase volunteerism / succession planning