The meeting was brought to order at 7:30 PM, on October 7 2003. Matt Flanigan, President, presided.

1. Ellie Crump, RCS Management:

a. There are no delinquent accounts.

b. Madison paid FOG a $1,208 refund for Landscape Maintenance that FOG paid for, but Madison still had responsibility for.

c. The tax returns were signed by Allen Urban, Treasurer.

d. The was no response from the homeowners who were requested to fix a 'sprinkler leaking/stained sidewalk' problem.

2. Allan Urban, Treasurer:

a. The audit is completed, in its final form. The Audit Management Representation Letter required FOG Board review and signature. The letter was signed at the end of this Director meeting.

b. The State & Federal Tax Returns are completed. No tax was required or paid.

c. There was a discussion on the Capital Reserve Expense Analysis. The results of the discussion were:

1. Change the White Fence Replacement Recurrence from 15 years to infinity.

2. Change the Rugby and cul-de-sac Fence Replacement Recurrence from 10 years to 15 years.

3. Change the Rugby Fence Replacement Recurrence start date from 2002 to 2003.

4. Change the Guard Rail Replacement Recurrence from 10 years to 30 years.

5. Delete reference to Brick Fence Post Replacement. Repointing will probably be required, and this will be a maintenance item, as opposed to a capital expense (for rebuilding).

d. We have $25,000 in investments: ~$11,500 in a CD and ~$13,500 in a Money Market.

e. Steve Wheeler noted that he is getting a Landscaping Master Plan quote.

f. It was noted that 'raising annual dues' might be discussed at the next annual meeting.

g. 'Expense Dollars' will be added to the Capital Reserve Plan.

3. Steve Wheeler, Vice President:

a. Steve has been working with Inova to see their plan to improve the landscaping of the entrance sign.

b. Madison will do their walk-thru soon, for their county bond release. They are to take up all issues with individual homeowners.

c. Madison will remove items that are not to code.

d. The lights at the front entrance do not work, since the Inova work. A portion of the sidewalk still has gravel instead of a finished surface.

4. Ricardo Urdaneta, ACC Chairman:

a. The ACC approved the following requests:

1. The Mills - patio

2. The Mills - trees

3. The Theorets - patio

b. The follow-up walk-thru for last Fall's inspection was conducted. There were several instances where homeowners did not perform the requested repairs/changes, nor were there any communications from these homeowners. If necessary, there will be Board of Director hearings. Fines could follow afterwards.

c. This year's Fall Inspection will be scheduled shortly.

5. Matt Flanigan, President:

a. The July, 2003, minutes were approved. Bob Morin needs to assure that these minutes were posted to the FOG website.

b. Shortly after the hurricane, Matt received a 'cc' of a lawyer's letter reporting on a tree leaning precariously from the backyard of 3720 Valley Oaks Drive into the yard of its neighbor. Matt will contact the FOG homeowner and Madison, as it may be a common area. Ellie Crump will draft a letter, to the aggrieved homeowner, notifying it that the FOG Board bears no responsibility in this matter.

c. The next newsletter may contain an article on battery back-ups for sump pumps.

5. General.

a. The next quarterly Board meeting is scheduled for 7:30 PM, 13 January 2004, at Steve Wheeler's home.

b. The meeting was adjourned at 8:30 PM.