<h5 style="text-align: center;"><strong>LINCOLN MEADOWS HOMEOWNERS ANNUAL BOARD MEETING<br />
KNIGHTS OF COLUMBUS HALL &ndash; 6044 SOUTH STREET<br />
TUESDAY, JUNE 13, 2017</strong></h5>

<p><br />
<strong>CALL TO ORDER: </strong><br />
Mr. Dishong called the meeting to order at 6:00 P.M.</p>

<p><br />
<strong>APPROVAL OF MINUTES: </strong><br />
A motion was made to approve the June 2016 annual minutes by Mr.&nbsp;Appleget and seconded by Mr. Hahn. Unanimously approved.</p>

<p><br />
<strong>PRESIDENT&rsquo;S REPORT: </strong><br />
Mr. Dishong wished to thank the following three board members whose&nbsp;terms are expiring: Mr. Nate Standley, Mr. Mitch Haas, and Mr. Rahn and all other board&nbsp;members.</p>

<p><br />
<strong>SIDING PROJECT: </strong><br />
Mr. Dishong reported that JL Exterior was paid the last installment for&nbsp;the siding project which is now complete for the association. Residents who are paying the&nbsp;$50.00 siding fee monthly will continue until August 31, 2018. This is the same time the&nbsp;note is due on money loaned to the association. Note: there was an additional charge at&nbsp;the end of the siding project calculated to pay for the change orders. A note was distributed&nbsp;to each residents with the dollar amount which is due by June 23, 2017.</p>

<p><br />
<strong>HAIL STORM UPDATE: </strong><br />
The completion date for the window replacement is July 14, 2017. The&nbsp;company is scheduled to be in the area the last week of June and residents who are getting&nbsp;new windows should be receiving a call to schedule a day and time for the installment.&nbsp;Mr. Dishong also noted change in the Master Policy had been approved by the board at a&nbsp;special insurance review meeting. The budget for next year has not been completed but&nbsp;appears the dues will remain the same at $122.00 per month or $172.00 if includes the&nbsp;monthly siding fee.There are also common complaints from residences and include: speed limit violations, trash&nbsp;cans left out by garages after pick up day, dogs at large and pet waste.</p>

<p><br />
<strong>INSURANCE: </strong><br />
Ms. Barnett said the board has been meeting with State Farm and determining the&nbsp;best option for the association master policy. It was decided to increase the deductible&nbsp;per building from $2,500 to $20,000 per occurrence. The renewal offered by State Farm&nbsp;beginning July 1, 2017 would have been a $5,000/ building deductible. As a result of the&nbsp;board&rsquo;s decision, the premiums will not increase. Residents will need to review their own&nbsp;policy and update their HO 6.</p>

<p><br />
<strong>SECRETARY: </strong><br />
Ms. Deveny reported the minutes are available on the web site but will continue&nbsp;e mailing the residents the monthly minutes for the next few months or longer.&nbsp;</p>

<p><strong>COMPLIANCE: </strong><br />
Ms. Deveny reported to contact her about any issues that are not being followed&nbsp;as per the Policy and Resident Information. All residents were given this document and it&nbsp;is also on the web site for review.</p>

<p><br />
<strong>WEB SITE AND NOMINATING: </strong><br />
Mr. Haas reported the web site is for residents and log in address&nbsp;is http://Lincolnmeadowshomeowners.org Once you register, you will receive an e mail to&nbsp;verify address. No residents e mails are listed on the web site.</p>

<p><br />
<strong>SEWER, LAWN, SPRINKLERS: </strong><br />
Mr. Tremain reported World of Green has been short by one crew&nbsp;but now are on schedule with the mowing. Mr. Tremain reported that Spohr Landscaping is&nbsp;scheduled to be in the area next week with equipment to begin the project with the drainage&nbsp;issue behind the townhouses on Boxelder Drive. Also problems with area around the pump&nbsp;house and need to add dirt.</p>

<p><br />
<strong>TREASURER&rsquo;S REPORT: </strong><br />
Mr. Rayburn presented the annual report from the accountant in Mr.&nbsp;Christensen&rsquo;s absence. The checking account shows a balance of $64,014.28 and the money&nbsp;market account includes the insurance money received from the hail storm last year that is&nbsp;owed to Apple Roofing. The current liabilities show unpaid loan of $66,000 which is due&nbsp;for payment on August 2018. The income vs expenses for the year shows net profit of&nbsp;$46,183.72 but this includes the siding income assessment from residents and profit should&nbsp;be zero.</p>

<p><br />
<strong>TREES: </strong><br />
Mr. Standley was absent but Mr. Dishong said a lot of trees have been removed &ndash; elm&nbsp;trees, trees causing problems with concrete and the trees in the circular area in the&nbsp;driveway. A tree replacement program through the NRD may be looked at in the future. This&nbsp;is a matching grant program and is available each year. The board will reevaluate the tree&nbsp;planting expenditure after the tree removal project is completed and a budget for tree&nbsp;replacement is set. There are currently additional trees that need to be trimmed and some&nbsp;may need to be removed if dying or dead.</p>

<p><br />
<strong>LIGHTING:</strong><br />
Mr. Rayburn reported the changing of lights to LED has saved money for the&nbsp;association. Mr. Highstreet reported the light near his resident at 2451 Winding Way is&nbsp;not working which might be #9 again.</p>

<p><strong>SNOW REMOVAL:</strong><br />
Mr. Rahn reported the actual expense for snow removal has been under the&nbsp;budget amount for the last three years and some of the money will be used for the drainage&nbsp;expense. He is looking into having gravel delivered in the two entry, the mail box areas,&nbsp;and the curves on Winding Way next year with the ice problems that have occurred the last&nbsp;few seasons.</p>

<p><br />
<strong>MAIL BOXES, AND MAINTENANCE: </strong><br />
Mr. Rahn reported that he has all the colors of the paint if&nbsp;residents need to touch up the garages or buildings. Also he has received calls to open&nbsp;mail boxes etc but there is a cost involved and the association doesn&rsquo;t pay this fee and it&nbsp;is the home owner&rsquo;s responsibility. He did mention that he is a locksmith and will provide&nbsp;the service at a 20% discount.</p>

<p><br />
<strong>NOMINATIONS AND ELECTION: </strong><br />
Mr. Dishong stated there are three board positions available:<br />
Mr. Daryl Rahn currently is on the board and willing to serve again and Mr. Robin Howell,&nbsp;2509 Winding Way, as offered his services. Mr. Dishong asked if anyone else would be&nbsp;willing to serve on the board and Ms. Robyn Henderson, 6409 Boxelder, offered to have her&nbsp;name added for nomination. A motion was made to accept and approve the three persons for&nbsp;board positions by Ms. Kattes and seconded by Ms. Williams. Unanimously approved by all&nbsp;residents present.</p>

<p><br />
<strong>INSURANCE: </strong><br />
Mr. Shawn Hansen, State Farm representative, was present at the meeting and&nbsp;updated the residents on the master policy for the association. He handles the commercial&nbsp;policy holders, which the association is considered, and has done this for 8 years. Until&nbsp;July 1, 2017, the deductible is $2,500 per building per occurrence. However, with the cost&nbsp;of insurance increasing, the premium would increase with this type of policy to $5,000 per&nbsp;building. The board has elected to choose the option of $20,000 per occurrence which allows&nbsp;the Master Policy to cover losses by the entire association and have the HO 6 homeowners&nbsp;policies cover the individual losses in a particular unit. Homeowners will need to check&nbsp;their own homeowner&rsquo;s policy and make sure they are adequately covered for the HO 6 and&nbsp;make coverage A at least $20,000 and also an endorsement for Back Up of Sewer or Drain&nbsp;Coverage. Mr. Hansen answered questions from residents after his presentation.&nbsp;SPECIAL INSURANCE MEETING: RESIDENTS WHO DID NOT ATTEND THE ANNUAL MEETING ARE ASKED TO&nbsp;COME TO THE KC ON JULY 19, 2017 6:00 P.M. A letter explaining what type of HO6 coverage&nbsp;each homeowner should have was handed out. This includes building coverage and a sewer&nbsp;coverage claim.</p>

<p><br />
<strong>OPEN FORUM: </strong><br />
Ms. Nancy Eckles, 6601 Boxelder, asked if this is the year to have the sewers&nbsp;checked again. The board has previously approved a three year cycle and many residents&nbsp;agreed this needed to be done again which is at the owner&rsquo;s expense. Mr. Dishong said this&nbsp;will be discussed at the September meeting. The residents thanked the board for all the&nbsp;work done during the year.</p>

<p><br />
<strong>ADJOURNMENT: </strong><br />
A motion was made and seconded to adjourn at 7:45</p>

<p><br />
<strong>BOARD MEMBERS PRESENT:</strong><br />
Mr. Dave Dishong, (18), President, (402-904-0963), dcdnsp1@aol.com<br />
Ms. Linda Barnett, (18), Vice President, Insurance, and By Laws (402-499-1698),&nbsp;lindadeanne@gmail.com<br />
Ms. Mary Deveny, (19), Secretary, Compliance, (402-327-8826), mdeveny@neb.rr.com<br />
Mr. Myron Tremain, (19), Sewer, Lawn, Sprinklers, (402-525-3817), mstremain1965@gmail.com<br />
Mr. Jerry Rayburn, (18), Lighting, (402-483-7717), gr1106z@sbcglobal.net<br />
Mr. Daryl Rahn, (17), Mail Boxes, Snow Removal, and Building Maintenance, (402-730-5625), Rahnsbest@aol.com<br />
Mr. Mitch Haas, (17), Web Site, Nominating, 402-613-0490, mjhaas@datasoftsolutions.net<br />
<br />
<strong>BOARD MEMBERS ABSENT:</strong><br />
Mr. Paul Christensen, (19), Treasurer, (402-489-3504), pkchris@windstream.net<br />
Mr. Nate Standley, (17), (402-525-5749), Trees, natestandley@gmail.com<br />
<br />
<strong>RESIDENTS IN ATTENDANCE: </strong><br />
A total of 31 registered and attended the meeting as per sign in<br />
sheet and insurance memo sheet.<br />
<br />
<strong>Guests: </strong><br />
Mr. Shawn Hansen</p>

<p>&nbsp;</p>

<p><br />
Respectfully submitted,<br />
Mary Deveny<br />
Secretary<br />
6/14/17<br />
&nbsp;</p>