DURANT TRAILS HOA, INC.

ANNUAL HOMEOWNERS MEETING Meeting minutes for May 24, 2010 Attendees: Board Members Bebee Arnold, Maria Haagenson, David Jares , Rebecca Kaiser, Johnny Popson, Sue Reynolds, Kevin Wagers, Fred Waddle and Matoka Snuggs from Charleston Management Durant Trails homeowners attending: No. Proxies: I. Call to order Meeting called to order at 6:05pm a. Designate Quorum-yes b. Approve 2009 meeting minutes Introduce Board of Directors The Current Durant Trails Board of Directors David Jares Ken Laugel Maria Haagensen Rebecca Kaiser Johnny Popson Fred Waddle Bebee Arnold Susan Reynolds Kevin Wagers III. 3217 Loyal Lane 8901 Walking Stick 2617 Hiking 3108 Jekyll 2917 Legging 2636 Hiking 9029 Tenderfoot 2905 Englefield 8700 Den 5/10 5/10 5/10 5/11 5/11 5/11 5/09 5/09 5/09

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Presidents Report a. New and updated website is now up and running. Feel free to give suggestions. b. Dues will remain the same for the third year in a row. c. Entry ways are in the process of being upgraded. Committee Reports a. Activites, Rebecca Kaiser i. We will have an adult only party on June 12 at the pool. ii. A new e-mail list has been created for activities and information. iii. If you are interested in volunteering let Rebecca know. b. Architectural Review, Bebee Arnold i. Continue to include a reminder for requests in the upcoming newsletter. The reminder will indicate that painting and tree removal also need to receive prior approval. You can find

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guidelines for home improvement online. All exterior changes must be submitted before work can begin. ii. Repairs do not need approval unless you are changing a part of your home that already exists c. Communications, Sue Reynolds i. Newsletters will continue quarterly. The next one in August. Homeowners are able to advertise their business in the newsletter free of charge. ii. A homeowner was concerned that homeowners were running businesses out of their homes. Please review over the bylaws for information. d. Financial, Fred Waddle i. Call Charleston for information. ii. A homeowner requested that we post the budget online for homeowners to review. iii. We currently have about $12,000 in overdue dues. Last year it was $4000. We will continue to send demand letters. If you have questions about this process please contact Charleston Management. e. Landscaping and Grounds, David Jares i. Entry ways are in the process of being upgraded. We are currently evaluating our faulty irrigation system before we put any new plantings. ii. Lighting is also being evaluated f. Reserve: report by Vice-chair Joyce i. Termite control ii. They are in the process of complying with the Raleigh pine straw ordinance for multi-family dwellings iii. Sink holes are being evaluated. They may be an old construction disposal site. g. Homeowners Concerns i. Several homeowners were concerned about pet owners not picking up after their pets. A reminder will be in the next newsletter. Suggested that we consider Waste bag Pet Stations . ii. Can the budget be posted online? iii. Business being run out of homes..see communications. V. Board Elections a. Jennifer Hicks 2917 New Hall Court nominated herself (jennifer@jenniferhicksnc.com) Other Business a. IRS Resolution: to resolve any excess over the expenses of the budget year be applied against subsequent tax year of member assessments as

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provided by IRS ruling 70-604. Motion was accepted and all were in favor. VII. Election Results a. David Jares, Maria Haageson were re-elected and Jennifer Hicks was elected as a new board member

VIII. Adjourn Meeting adjourned at 6:45pm

Action items for next board meeting Decision on Pet Stations Can the be Budget posted online Create a new board contact list Board Elections