ACTIVITY REPORT

February 2006

ARCHITECTURAL CONTROL

The Architectural Control Committee considered a total of 99 submissions during the month. 78 of those were approved, while the remaining 21 were either deferred or disapproved.

Two single family homes were approved. (One each in Fairway Vista and La Villita.)
Project plans for the following developments have been submitted and are currently in the review process:

Monterra Apartments – a 282-unit apartment community located on Las Colinas Boulevard, adjacent to the Marriott
Lincoln at La Villita Phase II – a 331 unit apartment community
Positano development – a community comprising villas, flats and lofts, located on Tuscan Drive

$15,680.00 in submission fees were collected for the month. Year-to-date, the total is $24,360.00.

COVENANT ENFORCEMENT

42 enforcement cases were resolved during the month. Currently 644 properties are being pursued and/or monitored. 31 of those properties have been referred to legal counsel, of which six are in litigation.

52 properties were inspected in conjunction with estoppel and resale certificate requests.

Staff will be completing a follow-up commercial night light review by March 15.

COMMON PROPERTY

Two new central irrigation controllers and flow meters were installed on O’Connor Blvd. and Royal Lane.
Irrigation zones were added in Old Rochelle and Rosita parks, while new groundcover beds were completed in both areas as well.
90% of major tree pruning throughout the parks and boulevards was completed.

ALARM MONITORING/PATROL

Annual UL inspection and certification was conducted. The station received a 100% in compliance.
Dispatch processed 2,402 alarms during the month. Patrol responded to 248 alarms, of which 158 were deemed "false alarms."

COMMUNITY RELATIONS

Secured "Site 00" developer for presentations to various Association groups.
Legislative initiatives:

Producing Association profile for legislative representatives
Scheduling appointments to meet with legislative representatives regarding Texas Uniform Planned Community Act

Updating LCA welcome packets.

Preparing for new property owners orientation.

FINANCE AND ADMINISTRATION

· Collected $5,772,243 (99.05%) of 2005 assessments as of February 28, 2006.

· Completed 30 statements of account, 7 estoppel certificates and 44 resale certificates through February 28^th.

· Database maintenance included 44 property ownership changes and 116 updates.

Financial audit is on site and in progress.