YEAR IN REVIEW

The Developer at turnover left many issues that required resolution. He did leave funds to allow a better chance on resolution of some or all of the inherited challenges. In addition, issues arose that required the Board's attention and resolution. The following is a list of the issues/accomplishments that were resolved by the Board in the 2002-2003 term:

• Sod/Irrigate/Cleanup of Tract of land located between lots 46 and 47 bordering Diplomat Street in the adjacent subdivision, in Phase II.
• A petty cash fund was approved, as funds to be made available without Board Approval, for the sole purpose of replacing light bulbs in the common areas as they fail.
• Gate Repair/Upgrade. The goal here was to improve the condition of the gate to a level where yearly maintenance costs will be reduced). Since the Gate was damaged severely by COX Lumber the Board decided to resolve this issue in line with our goal.
• Audit Committee formed, from a group of volunteer homeowners to review last year's accounts and financial records.
• Repair of the Swale on Forest Creek Dr.
• A decision was made via unanimous vote to approve $200.00 for yearly repair costs for the culvert in need of repair behind Lot 92.
• Through a device called an 'Interagency Agreement', the Melbourne Police Department was given jurisdiction to issue citations within the community for speeding and other traffic violations.
• Disposition of the old Park Sign that marked the entrance to the Park between lots 75 and 76 on Spring Oak Dr.
• Block Party held on 19 October 2002, at 4:00 PM in the vicinity of 903 Spring Oak Dr.
• Community Garage sales held October 5, 2002.
• Directors Workshop, a training seminar for new members of Board of Directors was attended by some members of the Board, at the Hilton Melbourne Beach on November 7, 2002.
• Removal of the 'unsightly' builders sign at the front entrance.
• A maximum dollar amount of $200.00 was approved to pay a Tax Preparation Firm to prepare the Associations Tax Return.
• Reserve fund to be invested in safe, secured investments such as CD's or Money Market.
• Swale problem resolved at the rear of Lots 66 and 67 and the side of Lot 154. Re-grading done and sod installed in this area.
• Saturday April 12th and Sunday April 13th the first semi-annual community garage sale of 2003 was held.
• Two dead trees on Forest Creek Drive were removed. They were in-between the first two lots on either side of Forest Creek, between lots 97 and 98 and lots 1 and 2.
• Addition of hedge trimming at the front entrance to the list of common area maintenance items.
• The Property Management Contract was voted for unanimously after some discussion and clarification questions.
• Saturday May 17th a Block Party Picnic for the Forest Creek Residents.
• Sprinkler System Company hired to perform any needed repairs and periodic maintenance.
• Gate keypad housing is constructed with the bricks matching the bricks of the existing gate posts.
• 2002-2003 Annual Budget Approval.
• Appointment of Nominating Committee to Oversee Election Process for the 2003-2004 Board of Directors.
• Settlement on the boundary dispute with the Good Shepherd Presbyterian Church by purchasing the disputed property and obtaining Title.