DIRECTOR COMMENTS

3. Member Comments on Business Agenda and General Member Comments President Brown reviewed the meeting conduct guidelines. Members spoke in favor of requests from the Pickleball/Tennis Committee and the Golf Simulator Business Plan.

4. PRESENTATIONS 4.1 Annual Independent Financial Audit Report for Fiscal Year-end 2022 Steven Bernhardt, Senior Manager with Adams, Jenkins and Cheatham reported the audit resulted in their “unqualified opinion” on LOWA’s financial statements as presented and found no significant deficiencies or material weakness in internal controls. The opinion is the highest rating given to a clean audit, meaning that the financial statements reviewed present fairly, in all material aspects, the financial position of LOWA as of April 30, 2022 and 2021.The audit group was led by a new partner this year, Richard Puleo. Without objection, President Brown took up Item 7.1 on the Agenda at this time for a vote on accepting the Annual Independent Financial Audit Report.

4.2 Main Gate/Third Gate Congestion Relief Final Report Tim Kirk, PE, with A. Morton Thomas and Associates, Inc. (AMT) summarized evaluation of potential strategies to alleviate recurring congestion due to visitor traffic entering LOW at the Main Gate from Route 3. AMT worked with the General Manager’s Main Gate/Third Gate Working Group to develop three alternatives and explore related costs for alterations to the Main Gate traffic pattern. Following discussion, a vote to accept the AMT report today was deferred after a meeting with VDOT this week revealed VDOT’s intention to construct a restricted crossing/U-turn traffic pattern at Route 3 and Lakeview Parkway. The AMT Report will need to undergo some finishing tasks before acceptance by the Board in order to fully explore VDOT’s intentions and incorporate updates. Without objection, President Brown took up Item 7.2 on the Agenda at this time.

5. REPORTS 5.1 Reports of Officers A. Executive Session Actions Motion by Diercks, passed unanimously, that the Board adjust the General Manager’s contract and his compensation based on merit review as discussed under personnel matters in Executive Session. B. Committee Changes Motion by Wilks, passed unanimously, that the Board approve the Committee changes as presented on the Committee Change List dated August 17, 2022: (D-22-93)

Name Action Committee Term-End Date Stephanie Sakacsi Alternate Clubhouse Brenda Rogers Advisor Clubhouse Tom Sheridan Voting* Planning September 17, 2023 __________ *Term Extended

5.2 General Manager’s Report A. Coronavirus and LOWA Staff is now 90% vaccinated. Orange County transmission level is considered HIGH at this time, and the CDC recommends masks in public. B. July Financials and Forecast In July, we collected $333,898 in assessment fees, or 78.8% of assessments billed. Delinquency rate is 5.5% compared to 7.1% at this time last year. July Financials are not yet complete but will be ready by the end of this month. The status of performance by specific amenities as compared to budget was reviewed. Finance Director Charles Maneval noted that inflation is impacting performance of our restaurants on both the revenue and expense side. C. Update on Night Closing/TEKControl AllBox The General Manager is working to coordinate a demonstration of the ALLBox system on September 1. D. Other Business LOWA will be hosting three Town Halls over the next two months to provide information and get member feedback on FiberLync, Wake Boats and Planning. LOWA offices and amenities will undergo safety inspections and training. Fire & Rescue plans to conduct CPR/First aid training classes for staff, and Security Chief Harrell will hold Defensive Driving sessions for LOWA foremen. Management at the Clubhouse is now fully staffed with the addition of Banquet Chef Nathan Pacifico. Irene Ortiz was appointed Shift Supervisor at Fareways. The chairs and folding tables were replaced in the Woods Center Trophy Room for $5000 below initial cost estimates. LOWA is looking to hire a Fitness Specialist with personal trainer experience to work 30 hours/week at the Fitness Center. The Pools are now operating on back-to-school hours through Labor Day. A year-end Pool Patron Survey will be launched August 22. 5.3 Committee Liaison Reports Directors explained the nature of requests from a number of Committees for Board action on the following:

See August 17 Board Minutes on p. 22

by Matilde Barone, Covenant and Site Inspector

We want to remind all Members of LOWA that many signs are prohibited. Our community continues to deal with signs being displayed. Please note that residents are responsible to inform contractors they hire of our no sign rule and, if a sign is installed, it is the Member’s responsibility to remove it immediately.

Our Restrictive Covenant 8 A q states:

“All signs, billboards, or advertising structures of any kind are prohibited except upon application to and written permission from the Committee.”

Regulation V.H. 1. Signs, Flags or Banners on LOWA Property and Lots: The placing of any sign, flag, or banner on LOWA property is prohibited except in designated areas on the day of an election in accordance herewith or with the written permission of the General Manager.

2. For Sale Signs: Must be a painted (tan is suggested) wooden stake, approximately two inches by four inches, five and a half feet high, driven approximately two feet into the ground, with the lot number and contact phone number displayed. Sellers are also permitted to place one black and white electronically readable barcode or tag on each side of the signpost, not exceeding 3 1/4 by 3 1/4 inches in size, solely for the purpose of providing electronic access to real estate information regarding sale of the property. The stake should be driven within the lot line but not in the ditch between the pavement line of the street and the lot line. Stakes are available from the LOWA Maintenance Department by application. For sale signs on LOWA property are prohibited.

3. Political Signs, Political Flags and Political Banners: Only one political sign, political flag or political banner per issue or candidate, no larger than four (4) square feet may be displayed on any residential lot. All political signs, political flags and political banners are regulated by the Recorded Covenants Section 8.A (g) whereby political flags and political banners and all similar structures are considered to be “advertising structures of any kind.” Any such political sign, political flag or political banner may be displayed no earlier than sixty (60) calendar days prior to Election Day and must be removed the day after Election Day. Political signs, flags or banners on Association property are not allowed except for two exceptions. The first exception is on Election Day. The second exception is on the day of a scheduled political event at which the candidate or candidates will appear in person. For both exceptions, the number, size, content, type, and location of signs, flags or banners shall be determined by the General Manager, in his/ her sole discretion.

4. Yard Sale Signs: Only one sign, no larger than 2 feet by 2 feet on any residential lot on the day(s) of the yard sale. Signs are limited to two consecutive days, three times per year per lot. Yard sale signs on LOWA property are prohibited.

5. Nonprofit, Fund Raising, Informational, Organizational Signs: These signs may be temporarily placed in designated areas with written permission from the General Manager.

6. Business Signs, Flags or Banners: All business signs, flags or banners are prohibited.

7. No Trespassing Signs: (5/2/20) (see Regulation V. H. 7. online at www.LOWA.org).

Enforcement:

The Covenant and Site Inspector will issue violation letters if such signs are displayed, and may assess charges up to $220, which includes the cost of ECC and GM letters. For more information or if you have any questions, please call ECC at 540-972-2211.