Minutes of Board of Directors Meeting Silver Ridge Homeowner's Association Orange County Public Library, N. Hiawassee Rd. Orlando December 19, 20021 AD Tony Greene called the meeting to order at 19:34 on December 19, 2002 AD. The notice of the meeting (located at the Hiawassee library branch) was posted at the front entrance of the community 48 hours in advance to the meeting. In attendance were board members Tony Green, Matthew Steinhoff, Linda Harrell and Fay Lewis. Yvonne C. Sabater was absent. Colman McKenna of Penn First was in attendance. Harrell moved to accept the minutes. Steinhoff seconded. Motion carries. The board received the financial report as prepared by Penn First Management. We're under budget for the year by more than 15%. The board received the delinquency report as prepared by Penn First Management. Lewis had no report from last month's ACC meeting since no official business was conducted. Greene presented the president's issues and action report to the board. The two top projects for 2003 are rebuilding the front entrance and cleaning up the retention pond. Luminaries will be distributed from ten to two on Saturday, December 21, 2002. Steinhoff motioned that we stop the clock on 7643 Warden Drive until March 1, 2002 since the owner just moved in this month and there were several violations in place prior to the owner moving in. This is contingent on the house actually being purchased on November 12, 2002. Greene seconded. Motion carries. Harrell resigned her position. Tony Greene appointed Emily Pierson to the board to fill the empty space. Greene closed the meeting at 20:19.