The Whiteplains Homeowners and the Whiteplains Homeowners Association had a scheduled, called meeting on May 23, 2002 at John and Vicky Gardner’s.

Board Members Present:

Dennis Perry, President

Terry Yon, Secretary

Todd Shirey, Member

Niel Bonacum, Member, Developer

John Gardner, Treasurer

Homeowners present:

None Recorded.

The meeting was called to order by Mr. Perry at 7:10 p.m.

1. The Minutes of the March 5, 2002 meeting were approved. Closed.

2. The Treasurer presented the financial status of the Association. In Fund A is $3576.95. The amount of $6,000 has been moved into a CD for the street paving escrow account. Fund B has a balance of $1611.83. The amount of $6,000 has been moved into a CD for the runway paving escrow account. Fund C (Phase II) was not presented. Closed.

The Treasurer presented a list of Open Invoices for the HOA. Open are:

Kevin Dawson Invoice 33

Tony Lambert Invoice 46

Oody Const. Invoice 40

Further, the Treasurer presented a list of Open Invoices for the HOA for Aviation Fees. Open are:

Fred Burns Invoice 8 and 28

Steve Bresse Invoice 32

The Association will pursue interest and legal fees on these open accounts.

3. The entrance to Phase I was re mulched per the last Board Meeting. Neil Bonacom donated the first load of mulch. However, we need one more load to complete the job. The cost for an additional load is $263. Approved. Closed.

4. The next item of discussion was the Legal Action against M. Ryder. By nomination, second, and majority vote the Board elected to drop any further action. Case Closed.

5. The Legal Action against Fred Burns has slowed due to a scheduling problem with the Attorney. The Attorney is now ready to get back on the Case.

6. The cook out was a huge success. The Board decided "we need to do this again." Closed.

7. The Newsletter has not been published. Todd Shirey indicates he does not have time to do it. The Board appointed a committee consisting of Vicky Gardner, Nancy Bonacom, and Peggy Como to gather the articles and any other lady in the neighborhood they may call upon. Terry Yon was appointed to construct and publish the Newsletter.

8. The Board discussed various billing options for the Homeowners Fees, their legality and impact on the Homeowners. The Board elected to continue things the way they are now. Closed.

9. The Board set Saturday, June 22, 2002, at 8:00 A.M. as the date and time for the final walk through with the Developer. At this time, the Board will make a list of items to complete, in agreement with the Developer, in order for the Homeowners Association to accept responsibility for the continued maintenance of Phase I. Everyone is invited to walk the neighborhood and inspect the items that need attention. We will gather at John Gardners at 8.

10. Mr. Perry opened the floor for other discussion. In this session the Board learned Nancy Bonacum mulched the Service Entrance, on her own and at her own expense. Thank you, Nancy. The Board further discussed access to Taxiways and runways with no actions or conclusions. Closed.

11. After the last Board Meeting, Paul Ryder made several oral and written requests for copies of all Board Minutes and other documents. Mr. Perry responded to Mr. Ryder’s requests in writing. His written response was "denied." Closed.

Business by letter from the Homeowners:

None reported.

The next meeting of the Board will be on July 2, 2002 at John and Vicky Gardners.

The meeting was adjourned about 8:40 p.m. to coffee and treats by the Vicky Gardner.

Respectfully Submitted,

Terry R. Yon, Secretary