HIGHLANDS COOPERATIVE ASSOCIATION

Open Minutes

April 25, 2004

Board Members Present: Ellena, Guyer, Jane, Smith, Smydra

Management Present: Miller, Lyon

Meeting called to order at 5:03 p.m.

OPEN MINUTES

Smith moved, Ellena seconded to accept the February 29, 2004 Open Session Minutes. Approved 5-0.

MEMBER CONCERNS

None at this time.

COMMITTEE REPORTS

None at this time.

COMCAST

Guyer moved, Smith seconded to enter into an agreement that would involve 12-years non-exclusive use of Comcast as a cable provider, and a 12-year exclusive agreement to market only Comcast by including a Comcast brochure in all move-in packets and having brochures available in the Office.

In return, Comcast will give Highlands $129.00 per townhome ($53,406.00). This amount will be placed into the surcharge account.

Approved 5-0.

RAMP POLICY

Guyer moved, Jane seconded to approve the revised Ramp Policy.

Approved 5-0.

EMERALD ASH BORER

Information from the Department of Agriculture and Natural Resources and the Michigan Emerald Ash Borer task force, and how it will effect the ash trees on Highlands’ property was presented and discussed.

Items for review were:

· The proposal given to the Department of Agriculture from Nanette Miller and Dana Davis from Smith Tree & Landscape.

· A map of the affected area on the south side of Lansing.

· Information on the Emerald Ash Borer and the eradication plan.

· An article from the Lansing State Journal about the Emerald Ash Borer.

MORTGAGE PAYOFF

Larry Lyon will provide the Board and Management with information regarding borrowing money to pay off the mortgages, vs. refinancing the existing mortgages. He will present his findings at a future Board meeting.

NEW BUSINESS

None at this time.

OLD BUSINESS

Sterling Development: Mr. Smydra asked Management if there was any documentation available regarding what Sterling Development initially told us about the trees that would or would not be cut down on their property as it was developed. Ms. Miller replied that there were no official meeting minutes taken in early meetings with Sterling Development. She requested that anyone who has any notes from Sterling meetings to get them to her, so that if the occasion to go before City Council to speak about Sterling’s promises regarding their development arises, we are prepared.

Mr. Smydra also asked if there was going to be a public hearing before they begin Phase 2 of their construction project. Ms. Miller said that as far as she knew, there would be no notification of when they start Phase 2.

FLOWER CONTEST

There was Board consensus to have a Flower Contest winner from each section.

BOARD MEETING DATES

May 16, 2004

MEETING ADJOURNED AT 5:55 p.m.

I certify that this is a true and accurate statement of the Board Meeting of April 25, 2004.

Respectfully Submitted,

Elizabeth A. Smith

Secretary

Highlands Cooperative Association Board of Directors