PLAYMOR LA JOLLA

HOMEOWNERS ASSOCIATION

GENERAL SESSION MINUTES

Date: June 15, 2017 -- Location: La Jolla Mesa Estates Pool House, Neighboring Community

Board Members:

Travis Emmel, President(not present)

Tom Ultican, Vice-President

Imee Castillo, Secretary

Cheryl Kettnich, Treasurer

Liping Zhang, Member-at-large

CRSA Management:

John Farizell, Manager

One Owner in attendance.

Call to Order: The meeting was called to order at 6:04 pm.

General Minutes Approval: The Board reviewed and unanimously approved the General session minutes from the April 26, 2017 meeting, as presented.

Homeowner Forum/Correspondence: One Owner spoke regarding his concerns with the CCR rewrite.

Financial Review: The Board reviewed and unanimously approved the April financials as presented pending year-end CPA audit. The Board would like to have management double check on the payments to Rooflife they feel that we may have paid them 5 times in a 4 month span.

Bank Accounts: The Board unanimously agreed to close the UBOC Reserve account and move all funds to their Merrill Lynch Reserve account. The Board also agreed to a standing motion to move any funds in excess of two months Operating ($68,000) to the Merrill Lynch reserve account on a monthly basis.

Collections: No action at this time.

Landscape: The Board would like for the landscape vendor to revise the irrigation map to show all locations and durations of the irrigation throughout the community.

2017-18 Draft Reserve Study: The Board reviewed and unanimously approved the Reserve study. Management to confirm pool expenditures and concreate repairs prior to final distribution to the membership.

2017-18 Draft Budget: The Board reviewed, revised and unanimously approved the 2017-18 budget.

CPA Audit: The Board unanimously agreed to have Greg Villard perform the annual/fiscal year audit for the HOA.

Adjournment: There being no further business the General Session was closed at 8:20 pm.

SECRETARY�S CERTIFICATE

By signing below, the Board of the Playmor La Jolla Homeowners Association does hereby certify that the foregoing is a true and accurate representation of the General Session meeting which took place on June 15, 2017 as approved by the Chairman of the Meeting and Board of Directors,