November 22, 2011

NORTH CHATEAU HEIGHTS HOMEOWNERS ASSOCIATION, INC.

Board of Directors

Location: 301 S. Bales, Unit # 4

Date: Tuesday, November 22, 2011

Time: 7:00 P.M.

The meeting was called to order at 7:02 P.M.

Roll call indicated that property manager Ted Miller Jr. was in attendance as well as the following Board Members: Oscar Ballesteros, and Patsy Vela. There was a quorum present and the meeting was begun.

Proof of notice of meeting was presented by Ted Miller Jr.

The minutes of the meeting of February 02, 2011 were read. There were no additions or corrections and the minutes were approved by unanimous consent.

The financial reports were reviewed as well as collections. Upon motion, second and unanimous vote the financial reports were approved. There was a resolution presented to appoint an agent trustee or attorney to exercise the power of sale for lot 18 due to lack of payment. Upon motion, second and unanimous vote the president and the secretary were authorized to endorse the document.

The board then reviewed the following resolutions:

1. Collection Policy Resolution
2. Records Retention Resolution
3. Records Production And Copying Policy Resolution
4. Payment Plan Guidelines Resolution

Upon motion, second and unanimous vote the resolutions were adopted and the president and secretary endorsed them.

The board then discussed appointments to the nominating committee. Upon motion, second and unanimous vote it was agreed that Oscar Ballesteros, Patsy Vela, and Dalith Garza be appointed to the nominating committee.

The Property Manager then gave a report on maintenance issues and presented several estimates for work to be completed in the subdivision. Upon motion, second and unanimous vote it was agreed to approve the work to repair and refurbish the entryway lighting completed by A G Electric. Additionally the estimate from Severino’s Handyman Service for repainting the entry gates and seal coating of the Cantera stone as well as the estimate from Bernal Paving and Maintenance for repairing the potholes in the asphalt alleyways and the estimate from Juan Colmanero to replace the gate operators were approved.

The board then discussed the property manager’s fees. Upon motion, second and unanimous consent it was agreed to increase the property managers fee to $30.00 per month per lot effective January 1, 2012.

The board then requested the property manager to solicit quotations from landscaping contractors for the subdivisions landscaping work.

There was no other action taken.

Meeting adjourned at 9: 15 P.M.