SILVER LAKES WEST ASSOCIATION, INC.

BOARD OF DIRECTORS MEETING

OCTOBER 2, 2003

MINUTES

The Silver Lakes Homeowners Association, Inc. Board of Directors held a regular meeting on October 2, 2003 at 7:05 p.m. at the Lake Mary Library, Lake Mary, Florida 32746. Notice of the meeting was duly posted at the community entrances in excess of 48 hours. A quorum of the Board was established, present were Kent Wilkins, Bill Smith, Gary Denham, Maria Pascual, John Verity, Lionel Bonck, Ron Hell and Rabinder Gill. Representing Sentry Management was Lynda McGee.

APPROVAL OF MINUTES

Motion by Bill to approve the minutes of September 4, 2003 minutes. Seconded by Lionel, vote called all were in favor, motion carried.

OFFICERS REPORTS

No reports.

TREASURER’S FORUM

Gary stated that the November location for the meeting would have to be changed as the library is unavailable that date. Discussion ensued on the signors for the accounts held by the Board. Copies of the bank statements for this account were passed around for the Boards review. Management was given the statements for updating the Association financial report.

MANAGER’S REPORT

Lynda McGee gave a copy of a written management report for all Board Members.

ARCHITECTURAL

No applications were presented. The Architectural Control Committee was has located two of the paint pallets books. Bill requested that he be given one of the pallet books to use to make up another book. Rabinder will be making up a signed out sheet for use by the owners.

Rabinder will be getting with the individuals that have just painted their home the same color but did not submit an form.

BEAUTIFICATION

The next inspection will take place on October 21, 2004 at 1 PM with management Lionel and Danny. They will meet at Lionel’s home.

Management will continue to work on drafting up some recommended standards for the community for the board to review and approve in the future. Management informed the Board that back in the spring they provided examples of other community standards for the boards review and use.

LANDSCAPING

Kent informed the Board that the walkway was being mulched by the landscaper.

LAWN AWARD

Maria will be working on the selection next week.

WELCOME

Maria has delivered all but one of the welcome baskets and information to the new owners. Maria will be getting new items for more of the welcome baskets.

NEWSLETTER

Bill stated that he has not received any articles for the newsletter. Kent gave some articles to Bill for the upcoming newsletter. A possible volunteer from the community has stated an interest in doing the newsletter. The Board will be following up with this individual.

OLD BUSINESS

COUNTY LAND ACQUISITION

Kent reported that he had a mediation hearing is set for 1/25/04.

LEGAL

Lionel gave a report concerning the Kopman suit. A hearing has been scheduled for 12/8/03 at 10 AM concerning the legal fees in this matter.

Kent asked to step down as chairman at this time and Lionel to take over the chair. A letter was read by Kent that he personally received from the Kopman’s attorney concerning violations at his property at 740 Silversmith, wood pallets, trash in yard and trash cans in view.

Kent requested that the Association respond to the letter he received. Management was requested to send a notice to 797 Silversmith concerning the violation of placing their yard waste out on Saturdays many days in advance of the service pick up.

TOWNHALL MEETING

Bill has received payment for the supplies used at the townhall meeting. The Board wished more owners had attended. Kent has an article for the upcoming newsletter summarizing what took place at the meeting.

POSTCARDS

Bill received the 50 of each Thank You and Did you forget post card for use by the board of Directors.

NEW BUSINESS

LEGAL

A motion was made by Kent to have management sent the attached letter to the Kopmafl’s attorney in response of the letter he received. Seconded by John, discussion ensued. Management suggest that the letter sent to Kent be forward to the Association Attorney for a response. Vote called, four members were in favor, Bill, Rabinder and Gary were against. Motion carried.

MAINTENANCE

Bill has obtained three quotes for the replacement of the F in the Sheffield

Sign. A motion was made by Gary to replace the F letter as it appears now.

Seconded by Bill, vote called, all were in favor, motion carried.

BUDGET

Management presented a proposed budget to the Board and informed them of the

Association Documents concerning budget approval. A motion was made by John to

send out the proposed budget with the 5~ increase in the assessment. Seconded by

Ron, vote called, all were in favor accept Gary and Rabinder who were against.

Management was informed that the November Board meeting for the budget approval would have to be at the Library if possible with a change in date or at the offices of Sentry. Management will try to get the Library if available on the dates that members can attend, if not the meeting will be held on the 1st Thursday in November at the Sentry offices in Longwood.

ADJOURNMENT

A motion was made by Lionel to adjourn the meeting. Seconded by Ron, vote called, all were in favor, motion carried.