Arrowhead at Vail Association Arrowhead Vail Association Annual

Arrowhead at Vail Association Arrowhead @ Vail Association Annual Meeting of the Members December 29, 2017

Arrowhead at Vail Association Welcome and Happy Holidays!

Arrowhead at Vail Association AVA Annual Meeting Call to Order Confirmation of Quorum Rick Bross At-Large Director, President

Arrowhead at Vail Association Board of Directors Ø Rick Bross Ø • President (Metro District) (Outgoing) Ø George Bigley Ø • Commercial Director Ø Patty Strunk • Medium Density Ø (Beautification) Ø Cathie Bennett • Low Density Director (Finance) Team: Ø Jerry Hensel – Association Manager Ø Carol Floyd – Administration Ø Erin Mc. Cauley– Finance Dan Gallagher • At-Large Director (Nominating) George Coleman • At-Large Director (Activities, Strategic Planning, DRC) Cynthia Bell • High Density (Communications) (Outgoing) Ø Tim Baker – Sr. Director of Base Area Ops Ø John Herbert – Public Safety Manager Ø Steve Nusbaum/Sid Shultz – DRC Admin

Arrowhead at Vail Association Meeting Agenda I. Meeting Minutes Approval from December 29, 2016 Meeting II. Election of Board Members – Greg Perkins III. Mountain Update – Beth Howard / Gary Shimanowitz IV. Financial Update – Rick Bross V. Community Update – Rick Bross VI. Capital Project Update – Jerry Hensel VII. Election Results – Greg Perkins VIII. Other Business IX. Adjournment

Arrowhead at Vail Association 1. Approval of Previous Meeting Minutes (Dec 29 th, 2016) 2. Election of Board Members – Greg Perkins Introduction of Candidates: ØRandy Smith – At-Large Director ØTim Gropp – High Density Director

Arrowhead at Vail Association Mountain Report Beth Howard VP & Chief Operating Officer Gary Shimanowitz Vice President of Mountain Operations

Arrowhead at Vail Association Financial Update ($ in thousands) Total Revenue Total Expenses Operating Surplus / (Deficit) Capital Expenditures Ending Fund Balance Ø Ø 2018 (Budget) 2017 (Actual) $ Var 2017 ‘ 18 Budget vs (Budget) ‘ 17 Actual $2, 398 ($2, 261) $137 ($187 ) $1, 129 $2, 119 ($2, 091) $28 ($146) $1, 179 $2, 120 ($2, 103) $17 ($174 ) $1, 141 Increase of $400 to $1600 for the 2018 annual assessment. RETA estimates remain consistent with prior year. Design review guidelines update is included in the 2018 expenses. Capital expenditure projects are in line with prior year budget. $279 ($170) $109 ($41) ($50)

Arrowhead at Vail Association Community Update

Arrowhead at Vail Association WORK IN PROGRESS Updating the Arrowhead Design Guidelines The Design Review Committee will work with staff and Shepherd Resources. DRC Members David Cooper Gail Gelfand Kathy Alto Terry Scanlan Bert Solomon

Arrowhead at Vail Association Town Hall Meetings 4: 00 pm at Country Club of the Rockies Friday, January 5 th and Friday, February 16 th

Arrowhead at Vail Association PUBLIC SAFETY Ø Lock down of SE and SW gates from 11: 00 pm until 5: 00 a. m. Ø Homeowner Only signage at SE and SW gates directing service providers, hikers, and bikers to enter through the main gate.

Arrowhead at Vail Association PUBLIC SAFETY Ø Two additional digital speed control signs that record data on all passing vehicles. § One is mobile and will be moved around the community § One is permanently mounted on Cresta Road

Arrowhead at Vail Association PUBLIC SAFETY Ø Signage at Cresta Gate directing walkers and cyclists to ascend and descend on the right side of the road. Ø Striping for a bike/pedestrian lane on Cresta Road is under consideration.

Arrowhead at Vail Association PUBLIC SAFETY Ø Signage at Cresta Gate requesting mountain bikers ascend and descend on the Arrowhead Village-to-Village Trail only.

Arrowhead at Vail Association PUBLIC SAFETY Ø New Mandatory dog on leash signage at the parking lot and Mc. Coy Springs. Ø Homeowners are to call Public Safety in advance of guests and infrequent service providers.

Arrowhead at Vail Association 2018 Capital Projects Jerry Hensel Association Manager

Arrowhead at Vail Association 2017 Capital Projects Summary

Arrowhead at Vail Association Proposed 2018 Capital Projects Ø Ø Ø Cresta Road Landscape Upgrade Village Landscape Access Control System Upgrade East End Hiking Trail Construction Swimming Pool Feasibility Study Lighting Analysis Total $82 k $30 k $10 k $5 k _______ $187 K

Arrowhead at Vail Association Election Results Greg Perkins Legal Counsel for the Association

Arrowhead at Vail Association Other Business

Arrowhead at Vail Association Adjournment Making Arrowhead a better place to live and play!