Great Hills Homeowners Association

Section IX & X

2009 Annual Meeting

January 19, 2010

Agenda Welcome – Michael Wright Minutes of 2008 Annual Meeting – Lynn Wright Guest Speaker – Great Hills Country Club: Larry

Harper Treasurer Report – Yvonne Suttles Resale/Transfers – Adrienne Seiler ACC Update – Michael Wright GHHA Current Officers & Open Offices – Michael

Wright Current Issues New Items from floor Close and enjoy refreshments - All

2009 Great Hills HOA Board Michael Wright

President – 2007-2009 Vice-President 2006 Lobbyist – Wright Advisors

Adrienne Seiler Vice President 2007-2009 Board of Directors since

2000 Mother of three boys ages 7,

7 & 5 Registered Nurse at Seton

Northwest Emergency Department

Yvonne Suttles Treasurer 2006-2009 Applied Materials - Finance

Manager Mother of 1 yr old twin girls

Lynn Wright Secretary 2008-2009 Elementary Teacher at

Veritas Christian Academy

2009 Great Hills HOA Board

Steve Rogers Web-site Editor 2006-2009 Senior Manager of SW

Development – Tipping Point

Mike O'Dell ACC Chair 2009 Realtor Broker

Gail Deitrick ACC Member 2009 Golfer; Retired Treasurer for GH Ladies Club

Tom Mast ACC Member 2009

James Rider ACC Member 2009 Impact Resources

Armin Gutzmer ACC Member 2009

Guest Speaker Great Hills Country Club-Larry Harper

General Manager

GHHA Budget vs. Actual2008

Actual2009

Actual2009

BudgetVariance

B/(W)2010

BudgetOrdinary Income/Expense

IncomeTransfer Fees 700 2,450 700 1,750 2,100

Total Income 700 2,450 700 1,750 2,100 Expense

Fees 75 75 75 - 75 Liability Insurance 1,946 1,955 1,950 (5) 1,955 Internet Hosting 120 120 120 0 120 Postage and Delivery 274 213 275 62 250 Newsletter 310 205 325 120 250 Professional Fees

Legal Fees - 337 - (337) 800 Taxes 123 - 150 150 - Telephone 130 125 130 5 125 Community Programs 225 738 225 (513) 700

Total Expense 3,202 3,768 3,250 (518) 4,275 Net Ordinary Income (2,502) (1,318) (2,550) 1,232 (2,175) Other Income/Expense

Other IncomeInterest Income 933 608 900 (292) 600

Total Other Income 933 608 900 (292) 600 Net Income (1,569) (710) (1,650) 940 (1,575)

GHHA Assets SummaryAs of December 31, 2009

Dec 31, 2009 Dec 31, 2008 $ ChangeB / (W)

ASSETSCurrent Assets

Checking/SavingsGuaranty - Checking 4,066 3,883 183

Total Checking/Savings 4,066 3,883 183Other Current Assets 0

Guaranty - CD 1049 13,266 14,358 (1,092)Guaranty - CD 9014 12,505 12,305 200

Total Other Current Assets 25,771 26,663 (892)Total Current Assets 29,836 30,546 (710)

2009 Resale/Transfers 17 Homes Sold

Street Name5905Rising Hills Su Yeong Kim and Wilson Wai Hong9902Sausalito Donald and Kelly D'Adam5710Rain Creek Austin Jones & Dana Holloway5903Rising Hills Angie and Brett Payne6106Amberly C.R. & Marilynn Kline5909Painted Valley Andrew Wiggens & Sarah McElvain5708Rain Creek Gerald and Nai Pearson

10206Sausalito Jordan Scalo5902Rain Creek Paul Graeber

10503 Painted Valley Cove Marcus and Patricia Williams6002Ivy Hills James and Renee Irion5906Rain Creek MacGregor Stephenson6203Mercedes Larry Kravitz and Laura Perez

10100Sausalito Matthew and Jennifer McCabe5709Costas Cove Jie and Mark Ralls5806Painted Valley Charles L. Meissner9901Sausalito Richard and Barbara Clements

2009 ACC ActivityApprovals:

Landscaping 1 Construction 8 Roof 25 Pool Installation 2 Fencing 2 Painting 3

Total 16

Correction Requests: Unkept Grounds 6 Trailer Parking 2 Street Parking    4

Total 12

2010 ACC InitiativesAttorney Retention - Temporary retention to assist HOA

Board with specific compliance matter

Ready for Green UpdatesReview existing building guidelines for ‘Green’ building initiative updates.Solar, wind power, efficient cooling, etc.

Educate New ResidentsEducation of new residents via ACC inclusion in Welcome packet to ensure awareness

of regulations and process.

Open Board PositionsNominations/Volunteers Needed

President Vice-President Treasurer Secretary Newsletter editor

Current Issues for Discussion and/or Vote Changing/updating building guidelines:Green

Initiatives

New Items from the floor Open

Great Hills Homeowners Association

Section IX & X

Thank you.Refreshments available, please enjoy!