Board of Directors

Property Owners Association

La Reata Ranch

May 18, 2008

Subject: La Reata Board Meeting Minutes

1. Call To Order:
The meeting was called to order at 3:05 PM. Present were Nick Collier, C.M.
Nutt, David Bell, and Joy Dees.

2. Old Business:
a. April 2008 Minutes. The minutes for April 2008 were approved.
b. 911 Signs. The 911 signs have been purchased and are being delivered to
current residents.
c. Welcome to La Reata Ranch sign. This issue has been tabled for future
consideration.
d. Flag Reorder. New flags have been ordered for the subdivision entrance as
replacements when required.
e. File Storage. The board agreed to purchase two 4-drawer file cabinets for
storage for accumulated files of the POA. One will be used for general files
and one for ACC files.
f. Rainy Day Funds. The board agreed to place $40K of the POA cash on hand
into a 6 or 9-month CD.
g. Collection of Delinquent Accounts. The board agreed to pay for a public data
search for current address and phone numbers of delinquent property owners
for whom we do not have current contact information.

3. New Business:
a. Recruitment of New Board Members. The board agreed to meet informally in
the near future to discuss possible new members for the Board of Directors.
b. Inspection of Empty Lots. The board is in agreement that inspections of
suspect lots should be made periodically to guard against illegal dumping,
evidence of people living on the lot without approval, etc.
c. Broadband Internet Service at La Reata Ranch. The board discussed recent
inquiries and local email messages concerning the availability/desirability of
broadband internet service to La Reata residents. The board will solicit
volunteers to form a committee to develop options for improving this service
to La Reata Ranch.

4. Adjournment:
The meeting was adjourned at 4:45 PM.