SILVER LAKES WEST HOMEOWNERS ASSOCIATION, INC.

BOARD OF DIRECTORS MEETING

SEPTEMBER 5, 2002

The Silver Lakes Homeowners Association, Inc. Board of Directors held a regular meeting on September 5, 2002 at 1:35 p.m. at 801 Silversmith Cir., Lake Mary, Florida. Notice of the meeting was duly posted on the Association property 48 hours in advance. A quorum of the Board was established and Mr. Perina called the meeting to order at 1:30 p.m. Directors present were George Perina (President), Madeliane Levine (Secretary), John Verity (Treasurer) Rod Meli, Bill Smith, Lionel Bonck, Joyce Groom and Maria Pascual. Kent Wilkins was unable to attend. Tim Naylon, Community Association Manager, represented Sentry Management, Inc.

OPEN SESSION:

Ms. Kopman and Mr. Delbeach informed the Board of their neighbor (798 Silversmith Cir.) having 2 "For Sale" signs on the Lot, one sign exceeding the size restriction and that it is hand painted. They also discussed with the Board the issue of selective enforcement and the parking violation regarding the pick-up truck. The Board agreed that it would be acceptable to park the pick-up truck in the driveway.

MINUTES:

Mr. Meli moved that the minutes of the August 1, 2002 meeting be dispensed with and that they be approved as written and previously distributed, which motion was seconded and passed unanimously.

TREASURER’ S REPORT:

Treasurer’s Report for July 2002 was reviewed at the August 1, 2002 meeting.

MANAGER’S REPORT:

Manager’s Report was presented by Mr. Naylon.

Collection matters were reviewed.

Mr. Smith moved to refer Account #000103 and #000136 to the Association attorney for collection of past due assessment fees, which motion was seconded and unanimously passed.

Management was instructed to:

1. Determine correct mailing address for violation notices regarding 1000 Silverton Loop.

2. Send violation letter to owner of 798 Silversmith Cir. regarding "For Sale" signs on the Lot.

3. Send violation letter to owner of 737 Silverton Cir. regarding the boat and trailer parked in the driveway.

4. Confirm violation and send violation letter to owner of Lot #144 (740 ?) regarding vehicle parked with 2 wheels on the grass.

ARCHITECTURAL CONTROL COMMITTEE REPORT:

Mr. Smith approved a couple of Construction/Paint Application’s for house painting and fence replacement.

The Board approved the addition request for 942 Stillwell Ct.

BEAUTIFICATION COMMITTEE REPORT:

The "Lawn Award" for September 2002 will be determined by Ms. Groom and the sign will then be relocated to the Lot.

COMMON AREAS COMMITTEE REPORT:

Mr. Smith reported that the rewiring of the electrical service at the entrance is in process and that the weather is causing some delays.

Mr. Perina moved for a vote of confidence to allow Mr. Wilkins and Mr. Smith to move ahead with the selection and installation of 2 street lights at the entrance, with an approximate cost of $500.00 each, as previously discussed, which motion was seconded and unanimously approved.

Mr. Smith reported that the property appraisal for the land that Seminole County seeks is $240,000.00 to $250,000.00 and that negations will include Seminole County protecting Lot #146 from possible flooding and the commitment that the perimeter wall will be repaired in the event that it is damaged during road construct] on.

GENERAL ACTIVITIES COMMITTEE:

Ms. Pascual will get together with Ms. Levine to finalize the dates for the garage sale and festival.

ADJOURNMENT:

Mr. Perina moved to adjourn the meeting at 9:20 p.m., which motion was seconded and passed unanimously.

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