BOARD OF DIRECTORS MEETING MINUTES

The regular meeting of the Arapahoe Estates Board of Directors Meeting was held at the home of Randal Martines. In attendance: Randal Martines, Ed Stack, Lance Chayet, Mindy Dunbar, Lynn Johnson, and Tom Radow. Unable to attend: Jason McKesson, David Robinson, Linda Rohrenbach and Virginia Bray, Association Manager

Others present: Scott Krawiec, homeowner and Councilman Keith Garner, Ward 2, City of Centennial.

Keith Garner came to introduce himself and bring us up to date on news which might impact our Association or be of interest to homeowners. Highlights:

¨ Ward 2 covers roughly Dry Creek to Orchard and University to Quebec.

¨ Call him directly with questions/concerns in the Ward, such as potholes, news etc.

¨ Streets of Southglenn: Best Buy, Staples, Dick’s Sporting Goods, Macy’s Home Store should open in August with apartment leasing beginning around the same time.

¨ Macy’s and Sears will retrofit to match the new construction.

¨ Southglenn Library will move to The Streets of Southglenn.

¨ Arapahoe Road improvement from Holly to Colorado will begin this summer, to include wideing, sidewalk replacement, leveling, realigning certain crosswalks. This may be cement. There are no funds for fence replacement or walls as at Arapahoe and Quebec.

¨ The former Honeywell site has been purchased by Lifetime Fitness which may also build 2 small medical offices.

¨ City owns property near Comcast. If big retail wants in there, we should anticipate opposition.

¨ NE corner of Dry Creek and Colorado, currently for sale and zoned for small office strip.

¨ Home rule ballots will be sent out this week.

¨ Power lines along South Suburban trail system (Holly to DeKoevend Park) are inactive; too costly to tear down.

¨ City has hired CH2Hill to replace Arapahoe County to provide essential services.

¨ Plowing – neighborhood streets such as ours are 3^rd tier.

¨ City has no requirement to shovel sidewalks within 24 hours of snowfall ending.

¨ In response to our concern about increased cut-through traffic and speeding: he will send us a Traffic Mitigation Form to request a volume study and analysis of how to mitigate etc.

¨ The City has purchased it own building plus some additional property at approximately Potomac and Arapahoe.

Minutes from 4/29/08 meeting accepted. MSC TR/LC. Mindy to get with Lorelle Burke to learn how to post to our Web site.

Homeowners’ Forum: Scott Krawiec asked why he could not have been included in a conference call of Board members the week after the April meeting. (Call was to finalize this fiscal year’s budget, on which there were a few minor open points at the 4/29 meeting.) Board members reminded him that he is not permitted to vote on the budget; we have frequently heard his concerns expressed and have taken note of them. Forum ended: MSC MD/LC.

A copy of the Association budget will be mailed to all homeowners within the week.

Landscape:

¨ Arapahoe Acres Nursery will plant the entry at Colorado on 5/23.

¨ Randal offered to call Keesen to make sure the water is on there.

¨ Keesen supervisor has some easy fixes for our sprinkler system and opinions on what is not salvageable. Pressure is poor around the former tennis court area.

¨ Mindy will obtain a written estimate from Howard at Western Lawn Landscape to be faxed to LCM. Verbal estimate to replace railroad tie retaining wall at Arapahoe entrance was approximately $5800.

¨ Mindy will contact Ron Dryer again regarding landscape improvements.

¨ Lynn will email Keith Garner to see if he can tell us who is responsible for the creek/storm drain which runs through our park.

Architectural Control: Received request (granted) to tear down a shed.

Delinquency report not available at this time.

Revised documents: approximately 75 owners have signed to approve, leaving a deficit of 25. Door to door contact will continue.

Meeting adjourned at 8:30 MSC LC/LJ

Respectfully submitted by Mindy Dunbar, Secretary.