PHEASANT WALK H.O.A.
MANAGER’S REPORT
JULY 2006

The signature cards for Colonial Bank were forwarded back to them for processing. The change over to First Southern should begin shortly.

To reduce the delinquency list we requested the board to decide whether to remove balances that are under $1.00 or to keep them as active amounts. Due to time constraints oflast month's meeting this issue was not discussed.

Packets were delivered to the board members on Tuesday, 7-11-06 with copies of current financials, minutes, proposals, insurance claim information and the agenda. Supplemental information, if any, will be distributed at the meeting.

We have received the Philadelphia Insurance claim check for $18,858.00 for the street signs & poles. It has been deposited in the operating account.

Steve Smith from County Road & Bridges has commenced sidewalk repair along Pheasant Way. All owners with the exception of one complied within a reasonable time limit so the county could proceed with their work.

The insurance renewal for the HOA was paid directly to Philadelphia Insurance in the amount of $6,824.00. Park & Associates was sent the check for $10,088.00.

We requested an update from Tim Reegan at the West Palm Beach office regarding the landowner grant application for the park area. We were unable to reach him as he will be on vacation until 7-17-06.

The May newsletter was printed and mailed out at the end of June06. Our understanding is that future copies of the newsletter will be done by Jackie Harper and the newsletter committee members. Pointe Management will still take the payment from advertisers and send renewal notices if the committee so desires. We would like to know if future issues will be delivered to Pheasant Walk & distributed by block captains or if it will still be delivered to, Pointe Management and we label them & take it to the post office. The advertising form and list of advertisers was emailed to Ken Blume.

The cable coupons were mailed to the residents with a copy of the ARB form, (green) and an updated letter to the community that were supplied by the Covenant Committee.

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Daryl Deka from Palm Beach Broward will be present at tonight's meeting to give updates on all the ongoing projects. The July cutting schedule as well as 2 proposals were distributed in your meeting packet.

The character generator was installed and the check for $3,995.00 was mailed out to CNC Systems, Inc. last week. The July check for storage was signed and will be mailed to Southern Storage. The unit is empty. The board needs to decide if we should keep the unit for future storage or cancel the unit.

Lake & Wetland will be contacted to see if anything can be done regarding the erosion problems and the aquatic plant life problems in relation to weed spraying.

An updated violation log was put in the board packets for review. New violation letters were to be revised by the covenant conmlittee before use. If the board approves the new letters they will be used this month for violations, otherwise the current letter will be sent.

An estoppel request was received for processing. Bonnie Weldon was called and given the information. She emailedusbackthe same day with the result of the inspection, so the estoppel request was able to be completed quickly.
We have confirmation from the fire station that the August meeting can be held there.

We supplied Gary Schroepfer with the requested minutes, manager & committee reports as well as the December 2005 financials. If committee members could email their reports to Gary it will help him get them up on the website faster. You can still supply Pointe with a hard copy to keep on file at the office.