Board of Directors Meeting held on February 21th, at 7:00 pm:

President Linda Nuzum called the February 21, 2002 meeting of the CPN Master Association Board of Directors to order at 7:05 p.m. Introductions of all in attendance were made. Linda Derback took roll call and a quorum was established.

Attendance
Directors present:Linda Nuzum, Maureen Shul, Cheryl McDade, Jim Beimers, Linda Sweetman-King and Brian Stopps
Directors absent: Todd Swift
Delegates/ Representatives present: Jim Creager, Sheri Brummett, Lisa Towne, Mel Cunningham
Delegates/ Representatives absent: Tres Thurston, June Hamill, Kyle Linhardt, Debbie Smith, Darrel Schmidt, Bill James, Chris Fellows, Paul Schmergel, Kim Nelson, Janice Cole, and Chris Hassett
Staff/Committees: Linda Derback, Alison Gibbens and Kathleen Nash
Guests: Telecommunications Committee members Brad Torr, Gerry Novreske, Mark Kennedy; Candy Perry (Charter Oaks); Galen Crowder (HOA1); George and Janis Lorenzen (HOA2)

Board Meeting Process
Nuzum explained the roles of Directors and Delegates as elected representatives of CPN-area Homeowners. She indicated that that there was a need to place time limits on all items on a full agenda in order to accomplish the meeting's business as efficiently as possible, and to respect the time that Directors and Delegates volunteer to attending the monthly meetings.

Nuzum passed out a handout outlining Draft guidelines for Homeowner input at Master Association meetings. She invited guests who wished to speak to indicate so on the sign up sheet. Homeowners with topics to add to the agenda should sign up for the Open Forum portion of the meeting; guests may also sign up to address a topic that is already on the agenda, and they will be recognized to speak during that agenda item. The "Additional Homeowner Input" agenda item at the end of the meeting can be used for other questions or comments.

Approval of Minutes
MOTION by McDade to accept the Agenda, Shul seconded; motion approved and carried.

January 17, 2002 Minutes
MOTION by Beimers to approve the "Draft 2" version of the January 17, 2002 minutes, seconded by Shul; motion approved and carried.

Open Forum
Nuzum noted that none of the guests had signed up for the Open Forum.

Special Guest(s)

Distance Charges
Lisa Towne reported that she has filed a formal complaint with the Colorado Public Utility Commission (PUC), including a petition of 90 names, to get the Distance Charges eliminated from CPN-area phone bills; a hearing will be scheduled within 90 days. She has also arranged for representatives from Qwest to attend tonight's meeting and respond to a list of questions and concerns from the community.

Towne introduced Qwest's Regulatory Affairs Manager, Matthew Kruzick, and Public Affairs Manager, Edie Ortega. They explained that the Distance Charges are part of the rate structure mandated by the Colorado PUC, the governing body that oversees Qwest's rate structure. In the early 1990s, the PUC established Zones, based on the distance from the central office that provides the phone service, to offset the cost of providing services to sparsely populated areas. Based on our distance from the central office in Castle Rock, Castle Pines North is in the zone that has a $12 per month Distance Charge.

Residents at the February meeting argued that the number of homes has increased, with an even greater increase in the number of phone lines. Also, they said, technology has improved so that the neighborhood could now be serviced by a hub without the need for construction of a complete central office switching station. Towne asserted that the PUC allows for a distance charge without actually requiring it, and that an exception to the formula should be made for urban-density areas such as CPN.

The Qwest representatives replied that they will look at the density of CPN, and evaluate the zones and adjacent areas, but indicated the PUC does not allow them to vary from the rate structure, and that the rate structure does not address the number of phone lines in our specific area, or the technology changes since the rate structure was established. They indicated that our recourse is to pursue the complaint with the Colorado Public Utilities Commission.

Telecommunications infrastructure and DSL service
Edie Ortega reported that Qwest's capacity planning is based on factors such as building permits and conversations with developers, and a proprietary forecasting model. The CPN area is served by both copper wire and fiber optics, and "hub" technology. This has allowed them to begin deploying DSL service in the CPN area.

Quest has installed the required DSL modification on some of the phone-service "boxes" in our area, however, the remaining "boxes" will not be modified until Qwest lifts its' corporate "hold" on DSL expansion. Ortega indicated that Qwest has a team that sets priorities for system expansion once the funds are available, and that we could work through her to sending information about CPN residents' expected use of DSL service. In the meantime, homeowners can check with Qwest to see if their particular telephone number can receive DSL service, and Ortega encouraged residents to explore other alternatives for high-speed Internet service.

A. Parks Authority:

Update:
Nuzum reported the Parks Authority is actively proceeding with the completion of Coyote Ridge Park. The bridge will be completed, and sod for the second ball field is being contributed by DR Horton. Nuzum expressed our gratitude once again to DR Horton for all their in-kind contributions towards the completion of Coyote Ridge Park.

The Parks Authority is beginning the search for firms to design the South Park. Expectations are the South Park will cost more than Coyote Ridge, and we are unlikely to get large in-kind contributions from developers as had been the case with Coyote Ridge Park.

Ballard-King has been selected as the planning consultant to pursue the feasibility study for a potential CPN Recreation Center. They will do a preliminary study of the area's demographics and other recreation facilities available in the area. If this indicates that a recreation center could be feasible, then they will complete a formal study that will address questions such as operating and maintenance costs, potential fee structure, and revenues. Then, Ballard-King will facilitate public meetings, and conduct a scientific survey of CPN residents.

C. Action Committees:
Development
Apartment complex. Stopps reported that construction is continuing on the complex . The project will be developed by Trammel Crowe, with a property manager on site. A request has been submitted for comments for a sales trailer to be on site until mid April. Move-ins could begin by the end of March. They expect total build-out by the end of January 2003 of 356 units comprised of 1, 2 and 3 bedroom units with over 75% of the units having attached 2-car garages. Rent rates will be from $875-$1,625/month for units up to 1,355 sq. ft. Nuzum reported that that the details about the complex are posted on CPN's web site.

Safeway
Stopps reported that the County was still working on the issue of the proximity of the Safeway gas station to the Beverly Hills water well. Stopps will follow up with the County regarding the other modifications that we had requested to the site plan.

King Soopers
No further report on this project.

BP Amoco
Stopps reported that BP Amoco is swiftly constructing the gas station. Beverly Hills representatives met with the planner and were successful in getting a 4 foot wall placed on top of the initial berm to provide more shelter to the homeowners.

Daniel's Gate Pool/ Clubhouse
Developer Chris Fellows has asked for CPN comments on the modified plans for the Daniel's Gate outdoor pool and clubhouse which will service the 637 homes that lie in Romar West and South/North Lynx areas.

Stopps will review the plans with his committee making comments on the site plan, buffers and other landscaping. He indicated his concern on making sure homeowners would be notified of any changes to the original information distributed on the original facility. Sweetman-King reported that it was DR Horton's plan to notify any current residents and their Sales Office for future sales.

Board members also asked Sweetman-King to request that the developers/builders in the Daniels Gate facility use a name other than "recreation center," to avoid confusion with the potential CPN indoor recreation center.

Roads/Traffic
Sheri Brummett spoke with Larry Corcoran last week about the traffic lights at Monarch & Castle Pines Parkway, and McDade also called Corcoran. The lights are finally "blinking" and McDade reported that the county hoped to soon complete the final electrical work and striping to fully activate the lights. McDade also noted that the "messy" concrete work at the same intersection would be fixed in the spring.

Nuzum reported that she had attended a CDOT meeting this afternoon on I-25 construction plans. Reconstruction of the Castle Pines Parkway interchange is scheduled for 2003; the plan is to widen the bridge to four lanes and to build a loop-around for northbound traffic. Someday, there will be a frontage road on the east side of I-25, extending from exit 188 north to a new "Ridge Gate Parkway" interchange, that will be south of Lincoln. Once this is completed, exits 190 and 191 will be eliminated.

Schools
Nuzum reported that the School District would schedule a meeting to review the site plan for the new elementary school on the CC20 property. The District also wishes to show the plan to the property owners adjacent to the school site; discussion that both of these reviews could be accomplished with one meeting time. The District will send out a direct mail notifying residents of the meeting time and date. School Committee Chairperson Laura Kennedy will follow up.

Telecommunications
Towne summarized the situation saying we need to wait for the PUC hearing date and in the meantime investigate other service companies. The Telecommunications Committee will meet again to determine follow-up actions, and will continue to recruit CPN residents who have expertise to contribute to the effort.

Committees - Master Association

A. Master Association Documents
Brummett reported she and Todd Swift had volunteered for this committee, and requested Linda Sweetman-King's assistance. They will start by reading the existing material and identifying summary information that would be helpful for residents to understand them, then determine if there are needs for revisions to the documents, and if so, the process that would be required to amend the documents.

B. Design/Review
It was agreed to table the Esperanza fence issue to next month as requested by Sweetman-King.

Sweetman-King noted that the Design Review Committee should handle the process for addressing signs requested by area builders. There was discussion of the signs maintained by the CPN-area builders' marketing association. Derback will call Kathy Curtis at Writer to gather more information, and Sweetman-King will follow up on research from her end.

McDade reiterated that the Board had received a request from Redstone to place signs directing attention to their model home. Redstone does participate in the builder's marketing association. Redstone's request was tabled until next month pending information to be gathered.

C. Social Events:
The Easter Egg Hunt is scheduled for March 23rd at 10 a.m. or in case of inclement weather, March 30th (same time). Community Garage Sales are scheduled for the week before Memorial Day, and the week after Labor Day. Details to follow.

D. Newsletter/Website:
Kathleen Nash reported that the newsletter had been distributed. The deadline for submitting articles for the next issue is March 15. Nash has already received some "nature-oriented" articles for the next issue. There were suggestions that future editions should include crime updates and information on who to contact, such as the names of the County commissioners, and individual HOA contacts.
Nuzum reported that the Master Association was working toward having at least basic contact information for each of the CPN sub-association HOA's in the next newsletter and on the web site. She will be working with Novreske on several updates to the web site, including updated maps of CPN's neighborhoods and commercial areas.

E. Business Partnership Program
This was tabled until next month.

Metro District:
McDade reported that the Metro District meeting is scheduled for next week, and as a result she had no new items to report at this time.

Old Business:

A. Builders' Signs
This topic was discussed during agenda item 9B, Design Review.

B. Airport Traffic Patterns
Shul reported she calls every week but a date has not been set to further discuss this issue. She was told that "wind patterns" have moved the flow of air traffic resulting in more planes flying over CPN.

C. Community Clean-up project
Todd Swift had called prior to the meeting to report that Don Bobeda is organizing the clean-up day for Saturday, April 20th. Nash will contact Bobeda regarding a news article on the event.

New Business:
A. Formalizing Master Association Meetings
The Board as a whole discussed ways to accomplish smoother, more timely meetings. Some changes were made to the wording of the draft guidelines for homeowner input; Nuzum will revise the document. Other changes for future meetings will be to designate a time-keeper, and to modify the room and table set-up; McDade will follow up.

B. Use of "parks contribution" funds from Holiday Home Tour
McDade reported the Holiday Home Tours had generated $1,305 to contribute to CPN parks (in addition to the Master Association's dues allocation to the Parks Authority). McDade will contact Judy Dahl and ask for specific suggestions on where the funds could best be used.

C. Writer mess along Oxford
McDade reported that the Master Association has received complaints about an unsightly mess of pieces of fence and weeds just past the Writer trailer on Oxford. She will contact HOA2.

Additional Homeowner Input:
A homeowner brought it to the attention of the Board that the Community Center building needed maintenance and repair of the tower window, trim painting, and shingles. McDade will follow up with the Metro District.

It was mentioned that the Town of Castle Rock is starting discussions on both expanding the existing Rec Center and building a new one. Nuzum noted that the Parks Authority and the recreation consultant were aware of these discussions and would factor this into CPN's feasibility study.

Management/Financial:
Monthly Financial Report
A. Monthly Financial Report
McDade distributed the financial report. She noted that closings for the month of January were down from December but this was typical of the pattern. A total of 28 homes closed (25 new homes and 3 resales); we now have over 2,087 member homes. There are also 16 Model Homes and 39 Lots, bringing numbers to a grand total of 2,142. Shul motioned to accept the Financials; Beimers seconded; motion approved and carried.

Shul motioned to accept the Accounts Payables; Beimers seconded; motion approved and carried.

2002 Budget
McDade presented the 2002 Budget, reflecting the changes that had been approved at last months' meeting. Shul motioned to accept the current 2002 Budget; Sweetman-King seconded; motion approved and carried.

Meeting Dates:
Next Board Meeting: March 21st at 7 p.m., CPN Community Center

Adjournment:
MOTION to adjourn by Shul; seconded by Stopps; motion approved and carried. The meeting was adjourned at 10:30 p.m.

Respectfully submitted, Linda Derback, Recording Secretary