minutes of the April 2007 MEETING
OF the Val Verde homeowners association

The undersigned, being all of the Directors and officers of the Val Verde Home Association, a Nebraska nonprofit corporation ("Corporation") hereby approve the following minutes of the April 2007 meeting of the Members of the Corporation on April 16, 2007:

The meeting was called to order by Jeremy Kinsey at 7:05 pm in library of the Portal Elementary School. Directors present and participating were Jeremy Kinsey, John Eylander, and Susan Lewis. Approximately 28 homeowner members were present. No special guests or non-residents were invited or attended. Announcement of proper notice was made without objection.

Old Business: Reading of the January Minutes was waived.

Report was given by John Eylander regarding landscaping. Eylander reported that the Val Verde sign on Centennial Road was fixed. The new sign was constructed much better than the old sign. Thanks to Chuck Ketchmark of CBS Signs who donated the labor and made the repairs himself. The HOA has contracted with Moore’s for landscaping maintenance. Moore’s will be relocating plants. The tall grass at the entrance will be removed. On May 14 Moore’s will be planting annuals. The cost will be about $800 per year, with an additional $600-700 for spring clean up. The total should be around $2,000.

The registered agent form was filed with the Secretary of State naming Susan Lewis as the registered agent for the next two years.

Question was raised whether Chuck Ketchmark was going to plan the annual golf outing.

President’s Report: None.

Treasurer’s Report:

Eylander announced that the Board of Directors adopted the 2007 budget and set the annual dues at $115.00. The dues are in line with the budget, however, depending on expenses, the HOA may have to go into its reserve. Dues statements will be mailed today by our accounting firm, Lengemann and Associates. All payments are to be remitted to Lengemann & Associates.

Irrigation for the roundabout will cost approximately $9,280.00 Electricity will provided via a battery source due to the significant savings over having electricity installed at the roundabout.

Secretary’s Report: Susan Lewis reported that a request has been made by Connie and Doug Grover to have a playhouse constructed in their backyard. Such structures our prohibited by the covenants, however, they were granted this opportunity by the Make a Wish Foundation and were seeking an exemption. After extensive research by John Eylander and Susan Lewis, it was determined that the only way for the structure to be legal is for an amendment to be made to the covenants. This requires approval by 75% of the voting members. All members present were supportive and are willing to help take this issue to all members.

An amendment also was proposed for the bylaws to lower the quorum needed for elections to 5% of the voting members. This amendment will be presented with the proposed covenant amendment.

Committee Reports:

Covenant: June Fenske reported that she is stepping down as chair of the committee. The new chair is Phil Bingman. June reported the complaints received recently (dog issues, PODS, etc.) and the disposition of each complaint. It was discussed that the same procedure must be followed for reporting and processing complaints. Phil Bingman reported on other legal resources he has used regarding other violations. The cost of enforcing the covenants was discussed. The next step for repeat offenders would be litigation, however, that comes out of the homeowners’ pockets. A request was made for other volunteers to join this committee.

Newsletter: Mike Siggers reported that he is ready to assemble a Newsletter once articles are emailed to him. Susan Lewis volunteered to draft an article regarding the SID elections and will draft a paragraph regarding the lack of a garage sale organizer. Jeremy will draft a President’s report. John Eylander will attempt to get the financial report prepared once he is able to get our statement from First State Bank. There has been a delay due to the sale of Omaha State Bank. Siggers stated that if the articles are submitted shortly, he should be able to get the newsletter out within a couple of weeks.

Neighborhood Watch: Sonya Williams reported that she has been communicating with the Sarpy County Sherriff who will speak at the first Neighborhood Watch meeting on April 26, 2007.

Open Discussion: Rory Froehlich mentioned an upcoming golf outing to support the LaVista Firefighter Asssociation. The golf scramble will be at Tara Hills on June 16.

Question was asked about annexation. Kinsey reported that annexation date is unknown at this time. Discussion was held regarding how our tax levy may be more favorable than the city’s if it is raised.

Discussion was held regarding the importance of having residents run for the SID board at the upcoming elections. Information will be given in the newsletter.

There being no further business, the meeting was adjourned at 8:08 p.m.

Dated the _____ day of April 2007; effective as of April 16, 2007.

Jeremy Kinsey, Director and President

John Eylander, Director

Susan Lewis, Director