May 9, 2006

CHATEAU HEIGHTS COUNCIL OF CO-OWNERS, INC. MEETING

Location Chateau Heights Unit #25

Date: May 9, 2006

In Attendance: Roy Robles, President

Lydia Leo, Secretary

Wendell Mauldin, Vice-President

Miguel Aguirre, Treasurer

Ted Miller Jr., Property Manager

Gary Henrichson, Attorney

The meeting was called to order at 7:15 p.m.

The resignation of President Lynn Ferrell was discussed. There was a motion made and seconded to appoint Wendell Mauldin to serve on the Board of Directors to fill the balance of her term. The motion passed by acclamation. The board then elected officers. Upon motion, second and unanimous vote, the following were elected:

Roy Robles, President

Wendell Mauldin, Vice-President

Lydia Leo, Secretary

Miguel Aguirre, Treasurer

The minutes of prior meeting were read by Mr. Miller and Miguel Aguirre made a motion to approve, seconded by Roy Robles and unanimously approved.

Mr. Miller was asked to look into the coverage value of our insurance in case of a Hurricane or any damages to the condos and report at the next meeting.

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

The collection report was reviewed and after discussion Lydia made a motion to approve, seconded by Miguel.

New motion was made that there was a need to send letters of repairs to Unit #3, Unit #4 and Unit #28. Lydia made a motion to approve, seconded by Miguel and upon vote the motion was unanimously approved. Mr. Miller was asked to write the letters.

Mr. Henrichson then answered any questions the board had and provided a new member orientation session.

There being no further discussion the meeting concluded at 10:00 p.m.