PLAYMOR LA IOLLA HOMEOWNERS ASSOCIATION

BOARD OF DIRECTOR MEETING

JANUARY 12, 2012

MINUTES

1. Call to Order: President Ruth Nutt called the Playmor La Jolla Board Meeting to order on Thursday January 12,2012 at 6:10 PM — 4386 Caminito Del Diamante —

San Diego, CA 92121

Roll Call:

Ruth Nutt, President & Treasurer — Present

Kyle Smith, Vice President — Present

Eve Ewing, Secretary — Present

Christine Young, Director-at—Large — Present

Dee Dee McCann, Director at Large - Absent

Community Property Manager and Recording Secretary Debra Dailey —Present

11. Guest — RoofLife — Jonathan Bloomberg

Action 1. Director Smith moved to approve the RoofLife 5-Year Contract — See Attachment.

Director Young seconded. Discussion occurred. The motion passed unanimously.

III. Homeowner Forum/Correspondence:

Michael Vines was present --- The Board reviewed the 9611 Feliz skylight installation situation — A prior owner did not seek or get approval to install the existing skylights.

Action 2. Director Nutt moved to approve the prior owner's existing skylight installation with Michael Vine's current roof/skylight repair and Indemnification. Director Ewing seconded. Discussion occurred. The motion passed unanimously.

4315 Diamante Correspondence

Action 3. Director Smith moved to approve splitting the $50.00 p001 key replacement cost with the 4315 Diamante owner. Director Young seconded. Discussion occurred. The motion passed unanimously.

IV. Secretary's Report

Action 4. Director Ewing moved to approve the October 6, 2011, November 3, 2011, and December 1, 2012 Minutes. Director Young seconded. Discussion occurred. The motion passed unanimo

V. Treasurer's Report

Action 5. The Board received the September 2011, October 2011, November 2011, and December 2011 Financial Reports.

Action 6. The Board reviewed the January 12, 2012 Delinquency Report and asked that Debra Dailey stop bringing the current day's Delinquency Report to the Board Meetings.

Action 7. Director Ewing moved to accept the $3000.00 Short-Sale offer on 9660 Feliz. Director Smith seconded. Discussion occurred. The motion passed: In favor 3; Opposed 1 (Director Nutt).

VI. Proposals/Bids/Contracts

A. Updated Reserve Funding Study Proposal

Action 8. Director Ewing moved to approve the M&M Updated Reserve Funding Study Proposal in the amount of $600.00. Director Young seconded. Discussion occurred. The motion passed unanimously.

VII.Management Report

A. 9588 Easter Way (Genesee Vista) Tree Root Situation

Action 9. Director Nutt moved to accept Genesee Vista's invitation to Meet and Confer regarding payment of the $3100.00 Invoice — Director Nutt to attend. Director Smith seconded. Discussion occurred. The motion passed unanimously.

A. Asphalt

1. Coccos

Action 10. The March or April 2012 walk is pending.

VIII. Adjournment

Action 11. The Meeting was adjourned at 9:00 PM.

Respectfully Submitted:

Debra Dailey, Recording Secretary