DEER LAKE PROPERTY OWNERS ASSOCIATION, INC.

BOARD OF DIRECTORS MEETING

Thursday, March 12th, 2009

George Boyer, President, called the meeting to order at 8:55 P.M.

A notice of the Board Meeting was duly posted in compliance with the Florida Statutes.

Established a quorum: With Board Members George Boyer and Rob Cooper present, a quorum was established. Also present was Community Association Manager Bob Gelles of Schoo Management.

Minutes: Rob motioned to waive the reading of the minutesof the prior Board meeting and Turnover meeting held November 18th, 2008. George seconded, and the minutes were approved as presented.

Opening Comments: George pointed out that no representative of Shelby Homes was present, even though they had been noticed on the meeting. No one as yet has volunteered to fill the open position on the Board. The new Board Members requested and received written resignations from the prior Board Members who were not present at the Turnover meeting of November 18th, 2008.

Financial and Collection Update: George reported that the 2008 Income and Expense statements were not yet completed. The new Board made payments of valid POA invoices totaling $16,493 to nine vendors. Certain invoices for $19,292 were not paid because, when reviewed, they did not represent valid POA expenses. Instead, they were related to the Developer’s requirements to complete the community and close out their development order permits with Lee County and South Florida Water Management District (SFWMD). As of this date, there are 52 unpaid annual assessments due the POA. 145 have paid. These fees must be paid by March 31st to avoid collection action. $49,850 total is owed. The 52 delinquent homeowners owe $13,888, and the remainder is owed by Shelby Homes.

New Business: (a) Proposal to ratify Walker Invasive Plant Management three (3) year contract providing a Preserve treatment every 6 months at a total cost not to exceed $3,700 per treatment (or $7,400 per year) – After a brief discussion, Rob motioned to approve the 3 year contract as written, George seconded, and the motion was unanimously approved. (b) Proposal to ratify Boylan Environmental Consultants service contract for Wetland monitoring as required in the POA permit. This includes coordinating with Walker Invasive Plant Management and SFWMD to obtain the District’s final approval of the maintenance program. The cost of the service contract with Boylan is $2,120, and their contract outlines their scope of services to be provided. – Rob motioned to approve the contract. George seconded, and the motion was unanimously approved. (c) Proposal to approve Hahn Loeser & Parks LLC. as legal counsel to represent the Deer Lake Master POA for the purposes of assessment collections and general legal matters as referenced in their engagement letter of March 4th, 2009. Rob Cooper is a member of the law firm. George motioned to approve the hiring of Hahn Loeser & Parks. There were no dissenting votes.

With no further business to discuss, Rob made a motion to adjourn, and George seconded the motion. The meeting adjourned at 9:20 PM.

Respectfully submitted,

Bob Gelles

Community Association Manager