CALL TO ORDER: JOHNNY GREENE CALLED THE MEETING TO ORDER AT 7:25 P.M. PRESENT WERE: JOHNNY GREENE, TONY GREENE, LINDA HARRELL -BOARD OF DIRECTORS, SHAWN THORNTON FROM DON ASHER & ASSOCIATES, INC.

PROOF OF NOTICE: SHAWN THORNTON SENT THE NOTICE OF THE MEETING TO ALL BOARD MEMBERS AND POSTED ON THE PROPERTY ON 1/18/01.

APPROVAL OF MINUTES FROM 11/00: JOHNNY MOTIONED TO DISPENSE WITH THE

MANAGEMENT -SHAWN THORNTON PRESENTED THIS SUMMARY TO THE BOARD MEMBERS PRESENT.

7600 COLEBROOK -PLAY STRUCTURE -LINDA MOTIONED TO APPROVE THIS

PLAY STRUCTURE AND NEGOTIATE THE LEGAL FEES WITH THE HOMEOWNER IF THEY WOULD BE WILLING TO RELOCATE THE TENT STRUCTURE TO THE OTHER SIDE OF THE STRUCTURE. TONY SECONDED THE MOTION AND ALL AGREED.

7642 COLEBROOK -JOHNNY MOTIONED TO DISAPPROVE THIS REQUEST DUE TO NO SAMPLES BEING SUBMITTED. LINDA SECONDED AND ALL AGREED.

COLOR WHEEL -JOHNNY MOTIONED TO UPDATE THE COLOR WHEEL TO EXPAND THE COLORS APPROVED AND APPROVE A COST TO OBTAIN THESE COLOR WHEELS. TONY SECONDED AND ALL AGREED.

THE BOARD REQUESTED THAT MARCH 8, 2001 OR MARCH 15, 2001 BE THE ANNUAL MEETING AT 6:30 P.M THIS WILL BE VERIFIED WITH THE OASIS COMMUNITY CHURCH.

NEIGHBORHOOD WATCH -LINDA HARRELL STATED THAT SHE WILL REQUEST THE DEPUTY TO BE AT THE ANNUAL MEETING. MORE VOLUNTEERS ARE NEEDED AT THIS TIME AND LINDA REQUESTED THAT JANUARY 31, 2001 BE THE CUT OFF DATE FOR SIGNING UP AND RETURNING THE INFORMATION TO ORANGE COUNTY.

NEWSLETTER -ALL AGREED THAT THE NEWSLETTER WOULD NEED TO BE OUT 15 DAYS PRIOR TO THE ANNUAL MEETING.

NEIGHBORHOOD IMPROVEMENT COMMITTEE -TONY SCHEDULED FOR THE NEXT MEETING TO BE ON 1/29/01 AT THE LIBRARY. DOCUMENTS WERE REQUESTED TO BE SENT TO TONY AND JOE ESCALANTE.

SUBMITTED BY:

SHAWN THORNTON, LCAM

FOR THE BOARD OF DIRECTORS