Hamlet at Southbridge Homeowner’s Association

Board Meeting Minutes

Date: Nov 26, 2002

Time: 6:45 PM

Location: Tom Pitschneider’s House

The meeting was called to order at 6:45 p.m. with the all board members present.

Financial Review

• Tim verified that the Hamlet is current with its 2002 dues to the Master. The Association still owes about $21,000 to the Master for dues from previous years.
• Tim reviewed the current bills to be paid.
• It was decided that we will send out second notices for 2002 dues that have not yet been paid. These notices will go out in the next week or two and will incur a late fee and interest charges if not paid by Dec 31, 2002.
• The 2003 billing is still scheduled for early next year.
• Early next year we will send out invoices for past due 2000 and 2001 dues based on the current homeowner’s purchase date of the property.
• Dues for the period of time between the date that Shakopee Crossing sold the lot to the builder and the date the builder sold the property to the homeowner will be discussed and handled at a later date.

Status of Eyebrows

• There was a discussion regarding the current status of the eyebrows and maintenance requirements for the sites next year.
  • Several ideas for how to use the eyebrows were discussed; however, it was decided that the issue would be turned over to the Maintenance Committee.
    • The Board will expect a comprehensive plan from the Maintenance Committee for uses of all public areas in Hamlet.

Next Meeting

• The next Board Meeting was scheduled for Jan 7^th at 7:00 PM. The location is yet to be determined.

Respectively submitted,

Chad Rice, Secretary