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Panther Creek PoolOctober 4, 2010

2010 Annual Meeting

President’s Report

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Table Of Contents

Summary of Past Year

– Change in Homeowner Assessment Amount

– Maintenance

– Landscape

– Bexar Met Right-of-Way Easement Purchase

– Speed Bumps

– Recycle Program, TDS

Outlook for Upcoming Year

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Change in Homeowner Assessment Amount

Study conducted to determine appropriate level of annual contribution to reserve account which is used to pay for anticipated maintenance costs such as: Replacement of street lights, pool pump, gates, etc. Repaving streets and parking lots Sidewalk and curb repairs Landscape replacement Other anticipated maintenance

Study indicated need to fund reserve with $75k in 2010

Assessments had to be raised 25% to achieve this level of funding (increase went into effect with January 2010 assessment cycle)

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Maintenance Performed

Pressure washing of curbs and sidewalks along entry and in front of pool area

Painting and repair to exterior of guard house (work performed compliments of DR Horton)

Repainting of street signs

Installation of Security Cameras in the Pool

Other pool, street light, irrigation, and misc. repairs

5

Landscaping

Removal of dead Bradford pear along entry Replacement is intended but has been delayed due to troubles

finding an appropriately sized tree

Tree trimming (all trees at entry, and inside/around pool and sports court areas

Drainage Ditch Added to Quarterly Maintenance

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Bexar Met Right-of-Way Easement Purchase

Easement purchase BexarMet Permanent right-of-way easement (approx. 20 ft strip of land

running along Blanco Rd north of Calico Landing) Temporary construction easement along Blanco Rd. north of Calico

Chase Right-of-way easement will be utilized to install a new water main to

convey drinking water from new storage tank near Timberwood Park to northern Stone Oak area

Total purchase price = $2,189.00

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Aerial of Parcel Sold to Bexar Met for Right-of-Way Easement

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Speed Bumps

We have records dating back since the inception of the neighborhood with requests for speed bumps

Petition was submitted in July

Caution signs installed at entrance

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Recycle Program, TDS

Contract was set to expire with Allied, prices were to increase

Numerous complaints about Allied

Many requests for recycling program

Survey done with Allied

Less than 50% of households used the Saturday trash pickup

The average household used 75 gallons of trash

TDS provides “partially automated service”

Service commitments in the contract

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Outlook for Coming Year

Builder is wrapping up

Sign on Blanco

Pool Furniture

Basketball Court

Committees

Social, Communications, Landscape, Budget, Violations

Increasing board from 3 to 5

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To receive community updates, please register on our community website at www.panthercreekatstoneoak.com

President Contact Information:

Joe Mann

Mobile: 816.918.8816

Email: joemannpanthercreek@gmail.com