Financial Snapshot Month End 12-31-11 (Year-End)

Financial Snapshot Month End 12-31-11 (Year-End)

Assets (Checking/Savings): $93,148

A/R: $49,630

Budget Overage/Underage: $14,300 under budget for FY 2011

Financial Snapshot Month End 11-30-11

Financial Snapshot Month End 11-30-11

Assets (Checking/Savings): $79,159

A/R: $64,273

Budget Overage/Underage: $12,205 under budget to date for FY 2011

FY 2012 Budget Meeting & Quarterly Meeting - Saturday November 19, 2011

A reminder that the FY 2012 Budget Meeting and a Greens Quarterly HOA Meeting will take place on Saturday November 19, 2011 9am, poolside.

All residents have been provided a DRAFT 2012 budget through the US Mail. Should you have any comments or suggestions with respect to the proposed budget, please provide them in writing via e-mail to thegreensnewsletter@gmail.com before close of business Tuesday November 15, 2011.

The Board will review any comments, make modifications if necessary, and present a final FY2012 Budget for discussion and adoption at the Budget Meeting scheduled for November 19, 2011.

Financial Snapshot Month End 10-31-11

Assets (Checking/Savings): $85,942

A/R: $44,107

Budget Overage/Underage: $10,358 under budget to date for FY 2011

Financial Snapshot Month End 9-30-11

Assets (Checking/Savings): $89,366

A/R: $34,328

Budget Overage/Underage: $639 under budget to date for FY 2011

Financial Snapshot Month End 8-31-11

Assets (Checking/Savings): $88,217

A/R: $36,489

Budget Overage/Underage: $1773 over budget to date for FY 2011

Financial Snapshot Month End 6-30-11

Assets (Checking/Savings): $151,295

A/R: $44,285

Budget Overage/Underage: $2107 over budget to date for FY 2011

Financial Snapshot Month End 5-31-11

Assets (Checking/Savings): $205,019

A/R: $45,749

Budget Overage/Underage: $5584 under budget to date for FY 2011

Financial Snapshot Month End 4-30-11

Assets (Checking/Savings): $210,055

A/R: $48,650

Budget Overage/Underage: $3617 under budget to date for FY 2011

Financial Snapshot Month End 1-31-11

Assets (Checking/Savings): $196,265

A/R: $38,885

Budget Overage/Underage: $222 over budget to date for FY 2011

Maintenance & Roof Loan Payments

You are reminded that maintenance and roof loan payments are due on the first day of each month.

Payments may be made by mailing the payment to the address on the DEMA Coupons, mailing a check to DEMA's accounting department (address below) or by participating in the ACH program (details below).

Any payments not received by the 10th of the month incur a late charge. Any payments not received within thirty (30) days will be referred for collections.

Thank you in advance for your anticipated cooperation with this matter.

To request an automatic withdrawal (ACH) form from DEMA, contact manager@demamgt.com or call (305) 766-8415. The mailing address for DEMA's accounting department is:

Down East Management Associates

1800 N.W. Corporate Blvd.

Suite 303

Boca Raton, FL 33431

Attn: The Greens @ Boca G&T - Accounting

Financial Snapshot Month End 11-30-10

Assets (Checking/Savings): $198,440.96

A/R: $38,297.66

Budget Overage/Underage: $14,209.46 under budget

Parking Policy, Alarm Monitoring, Pool Area Re-Key and 2011 Budget Meeting Date

MEMORANDUM

To: Residents of The Greens

From: The Board of Directors

Date: November 17, 2010

Re: Parking Policy, Alarm Monitoring, Pool Area Re-Key and 2011 Budget Meeting Date

Dear Residents of the Greens,

Please be advised that the following notice contains information regarding important policy alterations and two notices that you should be aware of:

1. Parking Policy and Enforcement

Due to various infractions occurring on a regular basis in the Community, including overnight on-street parking, unregistered vehicles and persons parking in other Residents’ driveways, effective December 1, 2010 the Association will begin a strict towing policy for vehicles in violation.

Signs have been posted at the entrance of the community with the required retrieval contact information. Towing will be at the vehicle owner’s expense.

The parking policy can be found in Section 8.08 of your Association Declaration Covenants and Restrictions (DCR’s), as well in related sections in the Master HOA DCR’s and the Greens Rules & Regulations booklet and states in sum and substance:

Only private passenger vehicles may be parked overnight in The Greens (and the Boca Country Club). No vehicles can be parked on any roadway between 2:00am-6:00am. Trucks, pickup trucks, commercial vans, boats, campers and recreational vehicles may not be parked within the confines of The Greens (and the Boca Country Club) between 6:00pm and 8:00am. Motorcycles are not permitted in the Boca Country Club unless approved by your HOA and the Master Association. No parking on the grass is permitted at anytime.

2. Alarm Monitoring by the Master Association

As discussed at prior meetings and correspondence:

a. The Master Association will no longer be providing security monitoring as of December 31, 2010.

b. In consideration of high expense to update the current monitoring system to meet current code compliance, the Master Association has voted on an Amendment to the Master Declaration, specifically deleting Article 6.19 that requires each unit

in the community be equipped with a centrally monitored electronic security system.

c. Various private security monitoring companies are available to you should you wish to engage their services for the monitoring of your home at your own expense.

3. Pool Area Re-Key – Saturday December 4, 2010 10:00a-2:00p

(at Greens Pool)

a. As a second phase of the pool area gate security upgrading, new locks will be installed on the pool area gates and bathroom doors.

b. These locks will utilize Medico keys that cannot be duplicated.

c. Each resident will receive one (1) new key, and duplicates can be provided for. Lost or additional keys are available at a cost of $50.00 per key.

d. Homeowners more than ninety (90) days delinquent paying their Association dues or any fees assessed to their account will not be issued a key, pursuant to State statute.

e. The re-key will occur on Saturday, December 4th.

f. Keys will be available at the Pool area between 10 AM and 2 PM on Saturday, December 4th.

g. After that date, keys can then be mailed to Residents that are not able to pick-up their keys. An alternate date for pick-up on property will be announced at a future date if it becomes necessary to do so.

h. Only homeowners may pick-up these keys. Renters must be given these keys by the respective homeowners as it is the homeowners responsibility to ensure the key is not lost and is in the appropriate parties hands.

4. 2011 Budget Meeting – Thursday December 2, 2010 6:00pm

The budget meeting for The Greens will be held on Thursday December 2, 2010 at 6:00pm, at 1800 Corporate Blvd. N.W., Suite 303 Boca Raton. Upon approval by the Board, the adopted FY2011 Budget will be available upon request by contacting Down East Management Associates (manager@demamgt.com) and a copy will be placed on the Association’s weblog.

A draft of the proposed budget will be available on the Association’s weblog (thegreensnewsletter.blogspot.com) beginning on November 24, 2010. Any comments or suggestions related to the proposed budget should be sent to the Board via electronic mail thegreensnewsletter@gmail.com no later than close of business November 29, 2010.

Note that this meeting will be for the purposes of adopting the Association’s 2011 budget only. A general community meeting will be scheduled for a later date.

Financial Snapshot Month End 10-31-10

Assets (Checking/Savings): $212,153.16

A/R: $33,464.98

Budget Overage/Underage: $18073.21 under budget

Financial Snapshot Month End 9-30-10

Assets (Checking/Savings): $196,846.30

A/R: $27,931.58

Budget Overage/Underage: $11,336.00 under budget

Financial Snapshot Month End 8-31-10

Assets (Checking/Savings): $209,046.71

A/R: $29,397.35

Budget Overage/Underage: $14,816.92 under budget

QUARTERLY HOA MEETING JUNE 3, 2010

The next Quarterly Meeting of The Greens HOA will take place on Thursday June 3, 2010 6:30pm at The Greens community pool. There are a number of important topics to be addressed; please make every effort to attend.

*Note, should it be raining heavily as of 4:30pm on the date of this meeting, please check our website (http://thegreensnewsletter.blogspot.com) for information as to the alternate location.

We look forward to seeing you at the meeting.

Landscaping

Dear Greens Residents:

A number of you have contacted us over the past few weeks regarding the condition of our landscaping, one of the most important features of the community. We are as concerned about the condition of the landscaping as you are.

The Association has taken measures to remedy the current condition which includes bringing in a new landscaping company beginning this week.

To that effect, the new contractor, Twin States Marketing will begin its service Monday morning April 26, 2010. This contractor has considerable experience with luxury developments (including St. Andrews, Woodfield Country Club, Polo Club and Mizner's Preserve) and comes highly recommended.

Turf cuts, hedge and bush trimming, mulching, as well as major tree trimming will occur in the coming two weeks. There will likely be quite a few trucks on the property from time to time, so please keep an eye out for our progress. Once the major work is done over the next two weeks, we will address weeds and fertilization with a weed and feed program to remove the weeds from the lawns and fertilize the vegetation. It will take some time to address all of the weed issues, as they have become quite pervasive, but this will be a major focus of the program.

Please note that the decision to replace our longtime landscape vendors was not easy and before making the decision to switch vendors, Management, in detail, outlined the issues which required immediate remedying. Unfortunately, the conditions did not improve over a sixty (60) day period, and as a result it was recommended and determined that bringing in the new contractor had become necessary. Notwithstanding, we part ways on amicable terms and would like to thank them for their years of service to the community.

We are working diligently to enhance the appearance of our community and are confident that you will see positive results over the coming months. Thank you in advance for your understanding in this matter.

Sincerely, The Greens Board of Directors

Gates to the Greens Pool

Dear Greens Resident,

When utilizing the pool area, you are reminded to close the pool gates behind you. Recently we have found that the pool gates have been left left open both when people are using the pool and when the pool area is vacant. Leaving the pool area gates open at any time opens up the community to all kinds of potential liability not to mention that it makes us more susceptible to a tragic accident such as a young child wandering on to the pool deck and falling into the pool. Effective immediately, the Association will take action against any resident or visitor found to be leaving the pool gates open, including fines, loss of pool usage privileges and referral to outside counsel for further action. Thank you in advance for your understanding and anticipated cooperation.

Sincerely,

The Greens Board of Directors

Maintenance Payments

Dear Residents,

As you are aware, we have recently changed management companies. Per our previous notices, you should no longer be making payments to the previous management company.

Your payment options are as follows:

1) Return your coupon with your check to the address listed on the coupon or 2) Request an automatic withdrawal (ACH) form from the manager, or fill out the one previously sent to you and return it to the management office at:

2101 Corporate Blvd. NW

Suite 317

Boca Raton, FL 33431

Due to the transition and possible confusion, late fees will be waived for the month of March only. The late fee policy remains in effect and will resume for the April payment.

If you have not received your coupon book or have any questions, please contact Andrew Ginsburg at 305-766-8415, or email him at manager@demamgt.com