Board of Directors

Property Owners Association

La Reata Ranch

January 14, 2007

Subject: La Reata Board Meeting Minutes

1. Call To Order:
The meeting was called to order at 4:10 pm. Present were David Sager, Nick
Collier, David Bell, Steve O’Donnell, and Joy Dees.

2. Old Business:
a. December 2006 Minutes were approved.
b. Approved checks for Earth Link and Steve O’Donnell (Landscaping Fees)
c. Reviewed current profit and loss statement. Completed bank signature cards
for current board members. Individual who are authorized to sign checks and
must complete the signature cards are:

David Sager, President, Board of Directors

Nick Collier, Vice-President, Board of Directors
David Bell, Secretary/Treasurer, Board of Directors
Joy Dees, Consultant

d. Kevin Cochran is to complete dunning letters for delinquent accounts. Liens

will not be filed at this time for those delinquent only for 2006.
e. Final Ballot voting count for the proposed fee reduction is not yet available,
but preliminary count indicates sufficient ballots are in to approve the
reduction in the annual maintenance fee. Board approved Joy Dees to tally the
final count and notify the board. New fee billing will be for $175 annually.
f. CCR ballot counts not yet sufficient to meet the quota (2/3 of eligible property
owners) for a decision on the CCR revisions. 14 more ballots are required to
meet the quota. It was recommended the board insure that all subdivision
residents be canvassed to insure they voted.
g. The unauthorized subdivision of the La Reata lot by a property owner remains
unresolved.

3. New Business:
a. Lack of notification when properties change hands is a continuing problem. It
was suggested that a standard letter be send to local title and abstract
companies requesting that the POA be notified of these changes. Steve and
Joy will discuss further for discussion and consideration by the board in
February.
b. Motion to post no swimming signs at park and pond to protect recent work to
seal the pond. Steve O’Donnell will get estimate.
 c. Discussed reworking the landscape of island areas of subdivision entrance to
replace the burmuda with zoisia grass. Board agreed to revisit this issue in
July.
d. Board agreed to order new flags (US and Texas) for the entrance. Crepe
myrtle needs to be moved and pine trees trimmed to preclude damage to the
flags. Steve estimated 4 hours labor.
e. Discussed the weed growth at the bridge. County is not taking care of this and
Steve O’Donnell can treat with chemicals for effective control. Estimate will
be provided to the Board. Park volley ball court will be treated at the same
time.
f. Final Budget and Loss statement will be used as a basis for the proposed
budget for 2007.
g. Formal CCR revision (if approved) will be a future legal expense to have the
final document reviewed.
h. Committee organization: Committee membership needs to be finalized,
chairmanships designated, etc. Board agrees to have this membership posted
on the web site.
i. It was recommended that the entire website be reviewed and reorganized to
make it more user-friendly and more current. Recommendations will be
considered next month.

4. Adjournment:
The meeting was adjourned at 5:40 PM.