February 27, 2008

CHATEAU HEIGHTS COUNCIL OF CO-OWNERS, INC. MEETING

Location: Chateau Heights Unit # 25

Date: February 27, 2008

In Attendance:

                        Roy Robles, President

                        Eva Pelaez, Vice-president

                        Lydia Leo, Secretary Treasurer

                        Ted Miller Jr., Property Manager

                        Miguel Wise, Attorney

The meeting was called to order at 7:30 p.m.

There was a discussion concerning the election of officers. Upon unanimous consent, Roy Robles was elected President, Eva Pelaez was elected Vice-President and Lydia Leo was elected Secretary/Treasurer.

The Board then had a brief audience with the Attorney Miguel Wise.

There was a discussion concerning the absence of Director Miguel Aguirre and his moving from the subdivision. Mr. Miller was directed to contact Mr. Aguirre by letter and inquire if he wished to remain as a Board Member and report at the next Board Meeting.

The minutes of the meeting of January 16, 2008 were read. Lydia Leo made a motion to approve, seconded by Eva Pelaez and the motion was unanimously approved.

The financial reports were reviewed and after discussion Eva Pelaez made a motion to approve, seconded by Lydia Leo and upon vote the motion was unanimously approved.

The collection report was reviewed and Attorney Miguel Wise reported that he had filed liens on two homeowners that were in the arrears and had issued 20 day notice to cure letters. Upon discussion it was the consensus of the Board to continue the collection process.

The board then discussed several maintenance issues. Upon motion by Eva Pelaez, second by Lydia Leo and unanimous vote, Mr. Miller was directed to investigate and determine the extent of the damages to common property that were being caused by the tree located in the alley behind unit # 27 and report at the next Board Meeting.

Mr. Miller was directed to have a deadbolt lock installed on the door to the west storeroom at the pool house.

After much discussion and upon motion by Lydia Leo, second by Eva Pelaez and unanimous vote, Mr. Miller was directed to install a street light between units 28 and 29 with a budget not to exceed $4,000.00 provided the Board of North Chateau Heights agrees that the funds for the light be obtained from the maintenance sinking fund.

There being no further discussion the meeting concluded at 8:20 p.m.