AAPOA OCTOBER 20, 2007 BOARD OF DIRECTORS MEETING

MINUTES

CALLED TO ORDER 6:00PM IN ATTENDANCE: RICK AND SANDY ZUNIGA, BARBARA GULLA, STEVE AND LINDA STRUM, CINDY YEOMAN

TREASURER’S REPORT: AS OF 10 19 07 THE AAPOA ACCOUNT $12013.63 AND 3000.00 OF THE BALANCE IS FROM CONSTRUCTION DEPOSITS

AAC REPORT: NOTHING TO REPORT/NO NEW CONSTRUCTION PROJECTS IN ARABIAN ACRES

WELCOMING COMMITTEE: TAMMY HAS 5 BAGS READY FOR DELIVERY AND ADDITIONALLY ENOUGH SUPPLIES TO COMPLETE ANOTHER 13 BAGS. TAMMY WILL GET THE FINISHED BAGS TO SUE OR BARBARA.

ROADS AND TRANSPORTATION REPORT: BOARD MEMBERS HAVE BEEN ASKED TO ADVISE ON THE CONDITION OF THE ROADS IN ARABIAN ACRES SO THAT A LIST MAY BE COMPILED TO TURN IN TO TELLER COUNTY.

INFORMATION ABOUT THE AAPOA AND THE METRO DISTRICT’S RELATIONSHIP REGARDING THE COMMON AREAS IE POND AND GRAVEL PIT AREA. RECEIVED A LETTER FROM KEN RUPP ABOUT THE METRO DISTRICT’S RESPONSIBILITIES AND THAT OF THE AAPOA. BOARD WILL REVIEW ALL THE DOCUMENTS SENT BY KEN RUPP

PRES. SUE THOMAS MAKES A MOTION TO MAKE A 250.00 DONATION TO THE TRUST FUND FOR NICK AND ROBERT RODGERS. DECISION MADE UNANIMOUSLY TO ADVISE THE AAPOA MEMBERSHIP OF THIS AND GATHER ADDITIONAL INPUT FROM RESIDENTS BEFORE MAKING A FINAL DECISION. BOARD WILL ALLOW ONE WEEK FOR RESPONSES FROM MEMBERS.

DISCUSSION REGARDING PROPERTY LIENS AND IF THE AAPOA IS RESPONSIBLE TO RELEASE THE LIEN PRIOR TO ACTUAL SATISFACTION OF THE LIEN. LINDA WILL REVIEW THE COVENANTS REGARDING THE ISSUE. UNTIL THEN THE AAPOA WILL ONLY RELEASE A LIEN WITH FULL SATISFACTION WHEN THE LIEN IS PAID.

OPEN DISCUSSION

NEXT BOARD MEETING: NOV. 17^TH, AT RICK AND SANDY’S HOUSE, 6:00PM

MEETING ADJOURNED AT 7:15PM

MINUTES RECORDED BY SUE THOMAS