1. CALL TO ORDER

A. Introductions/Roll Call/Absences

At 7:05 p.m., President Earl Millspaugh called the meeting to order with a
quorum of the Board present.

Directors Present: Shelley Hamilton Bruer, Anna Mallinson, Earl Millspaugh
(left meeting 7:15 p.m.), Rex Lucas, Jim Steavpack, Andy Rhodes and Jeff
Huff
Directors Absent: None.

Delegates Present: Joan Millspaugh, Andy Rhodes, Kim Hoffman, Jennifer
Havercroft, Suki Fitzgerald and Barbara Saenger.

Delegates Absent: Maureen Shul, Jade Goldfogel, Carol Padilla, Alison
Gibbens, John Keiley, Laurel Sjodin, Cheryl McDade, Dawn Besocke, Shirley
Beer-Powell, David Necker, Michael Henry, Carol Langley-Finnegan and
Richard Anderson.

Staff: Tim Gamble, Garry Schaffer and Vickie Hunt

Guests: Greg Miller, Eva Mitchell, Dick Lichtenheld, Kevin Bruer and Warren
Lynge.

B. Board Meeting Process; Homeowner Input Guidelines; Sign in to Speak
Homeowner Input Guidelines were made available to anyone that wished to
speak at this meeting.

C. Additions/Deletions/Modifications and Approval of Agenda
Motion by Andy Rhodes to approve the agenda as presented with moving
item 7C (Report from Repayment of Pre-Incorp Expenses Committee) to the
first item under Staff Report and moving the Safety Task Force report to item
number 1. under the City of Castle Pines North report; Seconded by Anna
Mallinson; Motion Carried and Approved.

2. Staff Reports

A. Report from Repayment of Pre-Incorp. Expenses Committee
The members of this Committee are Earl Millspaugh, Suki Fitzgerald, Cheryl
McDade, Joan Millspaugh, David Necker and Barbara Saenger Earl
Millspaugh explained that the Committee had reviewed all invoices paid in the
incorporation effort.

Barbara Sanger read the report of the Committee. ,The Committee
concluded that the City has a moral and ethical obligation to reimburse the
Master Association for payment of expenditures made on behalf of the City
incorporation.

The report noted that in Master Association Board of Directors meetings as
early as January 2007 and throughout the incorporation process, delegates
and residents were assured by board members and later elected officials, that
the Master Association would be reimbursed for incorporation expenses
through legal processes, notes receivable, warrants, and TRANS.
The Committee recommends that the Master Association Board strongly
pursue the re-payment of these expenditures in a timely manner.
Motion by Earl Millspaugh that the Board should meet with the City to discuss
the repayment and to provide any documentation to that end that the City
may require; Seconded by Anna Mallinson; Motion Carried and Approved.

B. Website – Tim Gamble

Tim reported that he has posted the information on the community-wide
garage sale in May to the website and that he has been uploading HOA
documents as requested.

3. Open Forum

A. Homeowner Input

Warren Lynge addressed the Board regarding the effort to establish a library
in CPN. He reported that the library committee had obtained $15,000 in
pledges. Warren asked the Master Association Board to pledge any amount.
Jeff Huff personally pledged $100.

4. Reports

A. City of Castle Pines North

Councilperson Jennifer Havercroft will ask the City Council to contact
Vickie Hunt to arrange a meeting between the City Council and the Master
Association Board.

1. Safety Task Force

Jim Steavpack reminding everyone of the CERT training that will be
conducted in April. Sign up forms were available at the meeting

B. Metro District

Andy Rhodes reported that the Metro District has negotiated the purchase
of water rights to provide 240 acre feet of water annually for $4.9 million.
The District is working on noise abatement on well #5. The District is working
on an office space sharing plan with the City. And the District is in the process
of constructing water lines to the American Academy school

C. Parks Authority

Anna Mallinson reported that the Parks Authority is waiting on an
agreement to be signed by the developer prior to moving forward with the
construction of Lagae park.

5. Approval of Minutes

A. February 19, 2009

Motion by Andy Rhodes to approve the minutes with corrections noted;
Seconded by Jeff Huff; Motion Carried and Approved.

6. Financial Report

A. Monthly Financial and Statistics Report

Garry Schaffer provided information on the financial status of the
Association through February 28, 2009 answering questions asked.
Garry asked approval to close an old bank account that has a zero
account balance and received that approval from the Board.

B. Acceptance of February 2009 Financial Reports

Motion by Andy Rhodes to accept the February 28, 2009 financial reports
as provided; Seconded by Anna Mallinson; Motion Carried and Approved.

C. Approval of March Payables

Motion by Andy Rhodes to approve payment of the bills presented;
Seconded by Anna Mallinson; Motion Carried and Approved.

7. Old Business

A. Banner Ads on CPN Website

The Board decided to remove the banner ads and post the Easter egg
hunt in their place.

B. Report from Social Events Committee

Jim Steavpack reported that this Committee has scheduled a meeting for
March 23.. The Committee members are Jim Steavpack, Kim Hoffman,
David Necker, Allison Gibbens and Stacie Sneider. Jim reported that he
has distributed a governance document to the Committee members which
describes the Committee’s role. Jim reported on three events that are
under consideration: The Community-wide Garage Sale, a 25th
anniversary celebration of the founding of Castle Pines North, and a winter
event. He asked that a flyer advertising an Easter egg hunt sponsored by
the Solid Life Church be sent out to the community.

The Board discussed the need to advertise the garage sale. Motion by
Jim Steavpack to approve the expenditure not to exceed $700 for
advertising.; Seconded by Jeff Huff; Motion Carried and Approved.
Shelley Hamilton Bruer noted that the City is planning a 4th of July
celebration. The Mayor has asked that the Master Association consider
contributing up to $2,000 as a sponsor of this event. The social committee
will discuss this request and get more details from the City party planners.
The Board discussed the insurance coverage needed by the Master
Association to host social events. Vicki Hunt will check with the Master’s
insurance agent on this matter and report back with her findings.

C. Report from Repayment of Pre-Incorp. Expenses Committee

This item was moved up to Staff reports.

D. Report from Delegate Involvement Committee

Jeff Huff reported that this Committee had not met, yet. The members of
this Committee are Jeff Huff, Rex Lucas, Alison Gibbens, Jennifer
Havercroft, Carol Langley-Finnegan and Barbara Saenger.

E. Report from Contribution to Chamber of Commerce Committee

Jeff Huff reported that this Committee had not met, yet. The members of
this Committee are Jeff Huff, Jennifer Havercroft and David Necker.

F. Report from Email Alert Committee

Anna Mallinson reported that this Committee had been combined with the
Website Redesign Committee. Committee members are Anna Mallinson,
Shelley Hamilton Bruer, Jennifer Havercroft, Carol Langley-Finnegan,
Alison Gibbens, Cheryl McDade and Maureen Shul. Anna provided a
detailed list of Committee recommendations for the Board’s consideration
and approval which are summarized below.

The Committee recommends that the Board adopt a process for reviewing
and verifying authorized users of the Email Alert System. The Committee
had reviewed the legal opinion from the Master Association’s attorney
regarding sharing email addresses The Committee recommended that
the content of emails should be used to promote community-wide events
that are sponsored/co-sponsored by the Master Association. The
Committee made recommendations concerning the frequency and format
of email alerts.

Anna requested Board approval for the Committee to meet with the
website contractor. The Board approved this request. Anna requested
that a form be designed for access to the email alert system. Vickie will
draft the form and provide it to Anna for approval.

G. Website Redesign Committee

See report above.

H. Report from Community Directory Committee

Jim Steavpack reported that Don Bobeda could only pay $3000 toward the
cost of the directory, instead of the originally agreed upon amount of
$6,000 The directory publisher has agreed to reduce the cost to $9,000 to
accommodate this change. Jim provided a revised contract.

I. Verizon Cell Tower (Approved Pending Recommendation by DRC)

Vickie Hunt reported that the referral from Verizon had been received and
given to Bill Ader of the Design Review Committee for action.

J. Meeting Between City and Master Board (March 12th)

Vickie Hunt reported that the meeting scheduled for March 12th has been
postponed to a date to be determined.

K. Board Retreat (Date TBD)

It was noted that a date has still not been determined for the retreat. Jim
Steavpack asked Vickie to pick two weeks in April and request the Board’s
availability.

8. New Business

A. Reschedule April Meeting Date

Jim Steavpack announced that the April meeting date has been changed
to April 15th due to a conflict with the CERT training, which is scheduled
for the Community Center on April 16th.

B. Request to Waive Late Fee and Interest

Discussion and action on these requests was tabled for executive session.

C. Board Code of Conduct

The Board discussed whether a Code of Conduct should be drafted. It
was decided to place this item on the agenda for the retreat.

D. Legal Opinion on Sharing Email Addresses

The Board reviewed a legal opinion from Winzenberg Leff Purvis and
Payne regarding the sharing of email addresses in the possession of the
Master for use in their email alert system. The legal opinion was that
since the form used to gather the email addresses stated that they would
never be shared or sold, the Master should not share them with any other
entity including the sub-Associations.

E. CPN Library

The Board discussed the presentation by Warren Lynge and various
amounts to be pledged. The Board requested that the pledge form be
posted to the front page of the website

Motion by Jim Steavpack to pledge up to $2500 by matching the total
amount of pledges contributed by CPN members from garage sale
donations up to a maximum of $2500. Motion was not seconded.
Motion by Jim Steavpack to pledge $2,500 to the CPN Library; Seconded
by Jeff Huff; Motion Carried and Approved. .

F. Master Association Communications Coordinator

The board debated the need for a communications coordinator. After
discussion, it was decided to defer action on this item to the Email Alert
Committee.

9. Additional Homeowner Input

Kim Hoffman recommended that no contractor be hired to manage either
the social events or prepare communications for email alerts. Warren
Lynge thanked the Board for their pledge to the CPN library.

10. Next Meeting

A. Regular Meeting

The next meeting of the Master Association Board of Directors will be held
on April 15, 2009 at 7:00 p.m.

11. Adjourn

Motion by Andy Rhodes to adjourn this meeting; Seconded by Rex Lucas;
Motion Carried and Approved.
The meeting was adjourned at 9:15 p.m.