2004/2005 SPECIAL MEETING OF THE
HERITAGE RANCH OWNERS’ ASSOCIATION
BOARD OF DIRECTORS

M I N U T E S

DATE: Friday, September 30, 2005

TIME: 1:00 p.m.

PLACE: Heritage Ranch Association Office

DIRECTORS: Gilbert Hayden, Denise Roach, John Allen, Bill Barker, Joel Riley



CALL TO ORDER

ROLL CALL (to establish a quorum)
Present: Gilbert Hayden, Denise Roach, John Allen, Joel Riley
Absent: Bill Barker
Also Present: Scott Baker (legal counsel) – Items #1 and #2
Also Present: Bob Schiebelhut – Item #1

ANNOUNCEMENT OF ITEMS THAT WILL BE DISCUSSED IN EXECUTIVE SESSION
1. Negotiations/Discussions with HR Holdings

On-going negotiations

2. Weyrich Settlement Agreement
Settlement Agreement approved

ADJOURN TO CLOSED SESSION

RECONVENE IN OPEN SESSION AND ANNOUNCE ANY CLOSED SESSION ACTION
(
Estimated time to be 3:00 p.m.)

MEMBER COMMENTS: All members are invited to speak on non agenda items at this time. Each speaker will be limited to three (3) minutes with a maximum speaking period of thirty (30) minutes. Please raise your hand to be recognized by the Chairperson, at which time you should step forward and state your name, lot and tract #.

READING/APPROVAL OF MINUTES
Nil

BUSINESS TO BE CONDUCTED

MEMBERS COMMENTS: Time will be allotted during the business portion of the meeting for member comments on agenda items. Each speaker will be limited to three (3) minutes with the Chairperson determining the duration of member comments on each agenda item. When the Chairperson calls for discussion from the floor, please raise your hand to be recognized by the Chairperson, at which time you should step forward and state your name, lot and tract #.

ANNOUNCEMENT ITEMS
Nil

UNFINISHED BUSINESS:
Nil

NEW BUSINESS:
Nil

DISCUSSION ITEMS
Nil

ADJOURN
Motion by Riley, second by Roach to adjourn, unanimous approval