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<p class=MsoNormal>Hello everyone,<o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal>I would like to start off with a special “Thank You”
to everyone who attended the meeting last Saturday morning. Your input is
very much appreciated and the board thanks you!<o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal>This is just an overview of the meeting, and the minutes of
the meeting will be posted on the website when they are available.<o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal>The meeting started by introducing the Board members, Officers,
and Committee Chairpersons.<o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal>We reviewed the budgeting process in General, and presented
the dates upon which the board will work.<o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal>We then reviewed the known Expenses for 2008 and I presented
a detailed analysis of each category. Open discussion and comments were
taken regarding each known expense.<o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal>I then presented the unfunded requests for 2008 and beyond.
Once again, full analysis and funding plans were discussed, and then open
discussion of each item.<o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal>We then discussed income opportunities, above and beyond the
annual assessment, I presented an analysis of each opportunity, and then open
discussion on those items.<o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal>At that point, we discussed using Reserve Funding for
certain Key projects.<o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal>Discussion regarding the annual assessment followed.<o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal>Key Dates:<o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal>Preliminary Budget Proposal presented to the Board at the
November Board meeting.<o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal>Final Budget and Approval at the December Board meeting.<o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal>Assessment Letter with full budget analysis to be sent out
in late December.<o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal>Assessment For January 1, 2008 thru December 31, 2008 due January
31<sup>st</sup>.<o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal>30 Day grace Period ends March 1, 2008.<o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal>Unpaid Assessments turned over to Attorney for collections
March 3, 2008.<o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal>I am travelling on business the rest of the week, but please
feel free to drop me an email with any questions you may have. I’ll
get to it as soon as I can.<o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal>Thanks for all of the support!<o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal>Roger Hackler<o:p></o:p></p>
<p class=MsoNormal>Treasurer<o:p></o:p></p>
<p class=MsoNormal>North Hampton Homeowners Association, Inc.<o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
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