Hawthorne Residents Cooperative Association, Inc.VOLUME 18, NUMBER 7 P.O. BOX 491700, LEESBURG, FL 34749-1700 June 30, 2000BETTY SMITH, PresidentAL WIANT, Vice PresidentHARRY "BUD" KAPP, Secretary

JACK WINTERS, TreasurerJACK ERVIN, DirectorJAN FADELY, Director

ED HOBBS, DirectorBUD McCONACHIE, DirectorPEG TREGILLUS, Director

HIGHLIGHTS OF HRCA BOARD MEETINGSApril, May and June 2000

APRIL 13, 2000 AGENDA MEETING

Approximately 25 residents were present.President Betty Smith set the agenda for the April20 meeting. Committees will be named; requestsfor additional Library shelving, telephone inWoodworking Shop, request for visitors to utilizeboat slips, request for installation of dropped ceilingand fluorescent lighting in Marina Lobby, and amotion to purchase a piano.

Gen. Mgr. Gorden reported two homes wereburglarized this past week.

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April 13, 2000 TRAINING MEETING

All Board members along with Dan Gorden andAttorney Charles Johnson were present.

J A review and discussion of By-Laws, issues andFlorida Statute 719 was held.

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April 20, 2000 REGULAR MONTHLYMItETING

Approximately 65 residents were present.Pres. Betty Smith welcomed the new directors.Letters were received from Alfred Renaud,

Elsetta Ervin, Mr. and Mrs. Ben Brinkman, DonnaFrazier, Wesley Johnson, Ed Stewart and Bill Mertz.

COMMITTEE REPORTS -

Planning & Real Estate Committees - TheBoard approved the purchase of IIIGardenia and225 Hawthorne for rehab.

Community Relations Committee - MarionBell, Ambassador, stated that a total of 61 homeshave been visited this year.

GENERAL MANAGER'S REPORT

Gen. Mgr. Gorden stated he has received 5quotes for cabinets and shelving for the newbuilding. The lowest bid will be used.

A company in DelrayBeach has sentinformation regarding setting up a website forresidents within the park. Gen. Mgr. Gorden willobtain further information.

Gen. Mgr. Gorden reported that the 100 +acre property on CR 48 surrounded by Hawthorneon 3 sides and owned by Good Samaritan has beenlisted for sale. The Board approved our legalcounsel to begin negotiating for the purchase of theproperty.

The following Committee appointmentswere approved:Investment Committee - Chairman Jan Fadely,Jane Bryan, Tom Mosier, Dan Seaman, JackWinters and Bud McConachie.Real Estate Committee - Chairman Ed Hobbs,Delores Miller, Cynthia Spradlin, Rosemary Staros,Grace Whitecar and Allen Wiant. Bill Tschida willact as Staff Advisor.Budget Committee - Chairman Jack Winter,Myrtle Hearn, Ed Hobbs, Austin Hurd, BudMcConachie, Roger Olds and Peg Tregillus.Planning Committee - Chairman Peg Tregillus,Elsetta Ervin, Ed Hobbs, Tom Kane and Bud Kapp.

Community Relations Committee - ChairmanJack Ervin, Marion Bell, George Wolf, LincolnGrant, James Hall, Betty Smith and Jan Fadely.Water Committee - Chairman Bud McConachie,Ed Anderson, Ken Belair, Bob Carmichael, JohnGranger and David Savage.

NEW BUSINESS

A motion was approved to purchaseadditional shelving for the new Library forapproximately $1,800.

A motion was approved to proceed with themodification of the Marina lobby for a drop ceilingand fluorescent lighting at a cost of $4,300.

The Board approved a motion to create FundD for Kitchen Renovation. The Michigan Club hasdonated $250 to the project and a check in theamount of $200 has been received from RuthDeSousa for the project.

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April 26, 2000 EMERGENCY MEETING

Attorney Charles Johnson and Real EstateBroker L.D. Geiger were present at the meeting.

The meeting was held to review and discussthe proposed purchase of 109 plus or minus acres.A motion was made and seconded to make theseller, Lutheran Good Samaritan Society, an offerfor the land that borders Hawthorne on three sidesand CR 48. (Negotiations are ongoing as of theproduction date of this GreenSheet.)

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'May 9,2000 EMERGENCY MEETING•

The purpose {)fthe meeting was to reviewthe letters from Mr. and Mrs. Brinkman on thepolicy of the association regarding purchase of anew home. A motion was made and seconded tosend the Brinkmans a letter signed by all boardmembers, stating that the Board agrees with thepolicy.

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May 11, 2000 AGENDA PLANNINGMEETING

There were approximately 25 residentspresent.

The purpose was to set the agenda for theregular May Board meeting. Letters were receivedfrom Mr. and Mrs. Brinkman, Wes Johnson, Mr.and Mrs. Lampert, Hawthorne softball team ,Concert Series and Hawthorne Bocce Ball Club.

There were 65 residents present.

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May 18, 2000 REGULAR MONTHLYBOARD MEETING

Real Estate Chairperson Ed Hobbs andCommunity Relations Chairperson Jack Ervin gavereports.

General Manager Dan Gorden reported thatthe Marina Lobby ceiling and lighting has beeninstalled. There was nothing new to report on theproposed purchase of 100 +acres of land on CR48.

The Board approved the purchase of a newgrand piano and also the purchase of two newbleachers for the softball field.

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June 8, 2000 HRCA AGENDAPLANNING MEETING

There were 45 residents present.The purpose was to set the agenda for the

regular June Board meeting

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June 15, 2000 REGULAR MONTHLYBOARD MEETING

There were approximately 133 residentspresent.

President Smith welcomed everyone,updated everyone that offers and counter offers

H. R. C. A. FINANCIAL REPORTMAY 2000

ONE MONTH YEAR-TO-DATEHRCA (including Sales Office)Net Operating RevenueNet Cash Operating ExpensesCash Operating Surplus (Loss)

$ 281,091.01277,853.08

3,237.93

$ 1,408,751.201,314,747.80

94,003.40

Depreciation & Amort. (Non-Cash) $ 46,988.87 $ 231,272.03

Investment AccountsRestricted Reserve AccountsUnrealized Gain

Repurchase Account-SunTrustCertificate of Deposit-USBCD's-Providian &·First FederalCash on HandTOTAL Cash and Investments

$ 503,505.891,445,971.08

(16,303.00)120,000.0075,000.00

200,000.0019,793.78

$ 2,347,967.75

Assets from Balance Sheet $8,511,114.65

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SALES REPORT

Homes Closed -Month of May 10 $ 350,900January 1, 2000 - May 31, 2000 46 1,904,607

~ January 1, 1999 - May 31, 1999 31 1,190,100

Homes Sold-Month of May 9 $ 323,600January 1, 2000 - May 31, 2000 47 1,934,000January 1, 1999 - May 31, 1999 38 1,674,693

\Sales Contracts outstanding to be closed -

May 31,2000 13 $ 555,800May 31, 1999 9 565,093

2000 1999

Homes For Sale - Total 49 $2,083,400 77 $3,259,500New Models 0 0 0 0Renovated Homes 0 0 0 0Resale Listings 49 2,083,400 77 3,259,500

have been made on the 109 acres that borderHawthorne on three sides and CR 48. We arewaiting results from the last offer made by HRCA.

Letters were received from Baris and EstelleLampert and Robert and Cynthia Mann concerningMarina slips. A Marina boat petition was receivedfrom residents concerning fee increases.

COMMITTEE REPORTS

Planning Committee - Chairperson Peg Tregillusstated the committee voted unanimously to requestthe Board approve spending $5,000 for apreliminary engineering study on Hollondel Roadproperty. Under new business, the motion wasmade by Chrm. Tregillus, seconded andunanimously carried. Chrm. Tregillus alsoreported that the committee voted unanimously torequest Gen. Mgr. Dan Gorden to obtain a cost toredesign the Clubhouse kitchen. Under newbusiness, Chrm. Peg Tregillus made the motion andit carried unanimously.

Investment Committee - Chairperson JanFadely stated the committee met on April 24, 2000and again May 1, 2000. A $50,000 corporate bondand a $50,000 CD became due and these two fundswere rolled over into the Dean Witter moneymarket account at 5.6 % interest. Also, two otherCD's that came due in combined total amount of$150,000 have been reinvested at 6.78% and 6.85%interest. All was approved unanimously by thecommittee. It was reported that two additionalCD's would expire in November 2000 and inMarch 2001.

Budget Committee - Chairperson Jack Wintersstated that Myrtle Hearn has resigned from theBudget Committee. .She stated that she and Bobwill be traveling during the time work will be doneon the 2001 budget. Chrm. Jack Winters made amotion and approved that Bud' Kapp be appointed toreplace Myrtle Hearn on the Budget Committee.

The resident meeting at the Marina withrepresentative from the Board Bud Kapp, SecurityChief Joni Moore and Grounds Supervisor GeneFuller (sitting in for Gen. Mgr. Dan Gorden) washeld on June 5. Questions and concerns posedwere: why were children holiday pool hours

extended, contractor solicits residents within thepark, Board meetings and boat slips.

General Manager's Report

Market Manager Bill Tschida gave a salesreport. There are four vacant lots in inventory, 166Jacaranda, 133 Jacaranda, 133 Dogwood and 327Palo Verde. Two homes are to be renovated, 111Gardenia and 225 Hawthorne. The home at 333Hawthorne is sold and the lot at 109 Hibiscus isreserved.

Gen. Mgr. Gorden receivedaIetterfroiri"our cable company about adding TV coverage ofthe Olympics on CNBC at a cost of $400 per year.The Board approved a motion to add the channel.

The cabinets in the Fine Arts room are to beinstalled within the next two weeks. Also, the newHawthorne bus should be shipped later this weekfrom the factory.

Gen. Mgr. Gorden stated the need to installelectric doors for the new building. Bids werereceived for $3,700 and $6,000. The Boardapproved a motion to have the electric doorsinstalled at a cost of $3,700.

The annual water report is to be given to allresidents by June 30. The pool is to be closedagain for repairs shortly. Major repairs on the poolsurface and pool deck will be forwarded to theBudget Committee for next year's budget.

NEW BUSINESS

Ad hoc Committee Chairperson Al Wiantmoved the Board approve the appointment of thefollowing to the Marina Ad hoc Committee: PegTregillus, Jack Ervin, Alex Bauerle, Lincoln Grant,Jim Samsell and Jack Walstad. A lengthydiscussion was held. A vote was taken and themotion did not carry .

A motion was made to refer to the PlanningCommittee as a long-term study with plan to addadditional boat slips. The motin was seconded anda vote was taken. It was a tie vote and Pres. Smithdeclared the motion not carried. Jan Fadely made amotion to have Gen. Mgr. Dan Gorden andDockmaster Joni Moore work with the Boat Club in

obtaining a workable way of subleasing a boat slipwhen they are empty for a period of time and bringback to the Board for approval. After muchdiscussion, the motion was amended to read that theBoard at this time take no action on the Marinasituation and leave things as they are at the presenttime. The motion was seconded and a vote wastaken on the amended motion and carried. Then avote was taken on the original motion and themotion did not carry.

Peg Tregillus made a motion for the Boardto authorize $5,000 for a preliminary engineeringstudy of the Hollondel Road property to prepare asite plan to include number of lots, road and allutilities. After much discussion from Boardmembers and residents, and vote was taken andmotion carried.

Peg Tregillus made a motion to have Gen.Mgr. Dan Gorden obtain a cost for redesigning theClubhouse kitchen. The Board unanimouslyapproved the motion.

Bud McConachie gave a statement of hisfeelings and concerns of the meeting and procedureswith a discussion from Board members and -residents. Bud McConachie then made a motion tosend to the Planning Committee to study the need ofadditional boat slips for the Marina and a fishcleaning station. After a discussion from residents,,a vote was taken and carried.

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HAVE YOU HEARD?The Kitchen Fund was started with two checks thattotal $450 and the fund is now reported at $900. Ifyou want or know someone who wants tocontribute, please make a check payable to HRCA,Fund D and give it to Treasurer Jack Winters.

HAVE YOU NOTICED?Pool surface repairNew Marina Lobby ceiling & lightingDownspouts on Multi-Purpose BuildingGreener grassNew Piano

ARE YOU AWARE -That Concert Series contributed $5,000 and ClubHawthorne contributed $6,000 toward the purchaseof the new piano. Also, Saturday Nite DanceCommittee will present a check in the amount of$2,500 at the next Board meeting for the piano.

THINGS TO EXPECT -New busLibrary shelvingSoftball bleachersElectric door in New Building

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PLEASE NOTE:This is a catch up GreenSheet. We are

sorry for combining three months into one.Look for the next GreenSheet about two

weeks (or sooner) after our next Regular HRCAmeeting July 20, 2000.

TALK WITH BOARDMANAGEMENT in Marina

July 3, 2000, 9:30 - 10:15 AM

HRCA AGENDA MEETINGClubhouse AuditoriumJuly 13, 2000, 1:30 PM

HRCA REGULAR MEETINGClubhouse AuditoriumJuly 20, 2000, 1:30 PM

YOUR ATTENDANCE AT MEETINGS IS APPRECIATED