Volcano Cliffs Property and Home Owners Association www

Volcano Cliffs Property and Home Owners Association www. vcpoa. com Thanks for Coming! Please sign in Database update Email Communications Board Member Election Officer Election in December

VOLCANO CLIFFS PROPERTY OWNERS ASSOCIATION MEETING November 13, 2015 Ø Intro Remarks Dave Heil Ø Board Elections All Ø Treasurer’s Report Ralph Davis Ø Volcano Cliffs Support Dave Heil Ø Lots For Sale and Sold Blake Thompson/Dave Heil Ø Largest Land Assembler in Metro Area Mike Skolnick Molten Rock Neighborhood Association Special Assessment District 227 Development and Compliance Issues Pat Chapman/Ralph Davis Ø Petroglyph Estates (PENA) Meeting @ 11 AM Ø Dues – Voluntary Dave Heil Ø Ø Collect Board Ballots All Ø New & Old Business All

Board Elections Fill Out The Ballot

Treasurer’s Report Ralph Davis Annual Dues are Due

Volcano Cliffs Support ØPENA * assisted property owners to connect with lot buyers * promotions petroglyphestates. com web page and facebook. com/petroglyphestates * helped builders resolve some regulation issues - Curb cuts widened - Garage set backs reduced from 10 feet to 5 feet - Lift station approved , 145 lots could be built on * assisted with a solution for mail boxes

Volcano Cliffs Support Ø PENA ( continued) * resolved a law suit that SAD 228 was not responsible for Ø MRNA and PENA * Working with the City and owners to resolve Weed issues Avoiding Fine and Jail penalties Ø MRNA * helped resolve setback issues - covenant violations * consideration of including Molten Rock in the VCSDP Ø Volcano Cliffs * worked with Verizon and T-Mobile to encourage installation of cell phone antennas to improve service

Volcano Cliffs Undeveloped Lots For Sale Lots Sold

Molten Rock For Sale Sold

Petroglyph Estates For Sale Sold

Neighborhood/area Lots 4 Sale Lots sold Price Range sold Molten Rock 27 10 60% < $65 K 40% $73 – $206 K Petroglyph Estates 43 26 38% < $64 K 31% $65 - $86 31% $120 – $175 Volcano Cliffs Undeveloped 56 2 3% $11 K – 15 K 2 pending 3% Unit 6 Owners are consolidating lots for development and home building by Pulte Homes

Largest Assembler of Land In Metro Area • The largest assembler of land in the Rio Rancho/ Albuquerque area. Has assembled over 600 acres for primarily future residential communities. Works primarily for buyers negotiating with sellers from all over the country and sometimes the world. Works for banks liquidating their OREO (bank owned) properties. Today’s topic: • What are the realities of development of lots owned by many different persons. Excalibur Realty and Invesment Inc 4113 Eubank NE Suite 100, Suite 200 Albuquerque, NM 87111 (505) 239 -8833 [Mobile]

Molten Rock Neighborhood Association Pat Chapman Markku Koskelo

SAD 227 has 268 residential lots in three (3) units. Roughly divided or bound by Unser Blvd and 81 st N. W. About 120 lots have homes. As the Real Estate Market has been recovering 35 new homes have been built 2013 6 new homes 2014 13 new homes 2015 16 new homes Some issues that concern the Architectural Control Committee are: 1. Private Open Space 2. Building Height 3. Exterior Lighting 4. Set-Backs 5. Debris 6. Roof Mounted Mechanical Systems 7. Screening The ACC is looking for volunteers. Please call Patrick Chapman at 550 -1830 if you are interested.

Molten Rock Neighborhood (SAD 227) ØArchitectural Control Committee (ACC) enforces the Covenants and Restrictions *Recent Set Back approval by City violated Covenants ØMolten Rock Neighborhood an oddity NOT governed by a sector plan ØInitiative to fold Molten Rock under the Volcano Cliffs Sector Development Plan. ØNeighborhood 6 PM Thursday, December 3, at the Taylor Ranch Community Center, with city representatives to explain what this means

Dues - Voluntary Ø Due for 2016 beginning November 14, 2015 Ø Why should you volunteer to pay dues? The dues go to cover VC promotion, insurance, administrative and mailing expenses. Ø PENA and MRNA neighborhoods have a responsibility under city ordinance to control weeds in the right-of-way and to maintain the monument signs at the entrance to each neighborhood. Coordination cutting and removal of weeds to avoid fines. Ø PENA has a responsibility to maintain a few small ponds, the neighborhood side of the trails along the monument and the coordination of group Post Office boxes. ØMRNA property owners benefit from an organization that protects the neighborhood by enforcing the covenants. ØUndeveloped areas of the Volcano Cliffs Subdivision (VC) benefit from an organization that can be a focal point for individual owner collaborations and has encouraged development and can be a political voice for these property owners.

DUES – Voluntary How Much ? ØThe annual dues for PENA and MRNA will be $50 per address beginning in 2016. Make your check out to PENA or MRNA dependent on your neighborhood. Mail to the neighborhood Treasurer. Ø The annual dues for the yet undeveloped area of VC will be $30 for the first lot and $10 for each additional lot- make the check out to VCPOA. Ø All of the Board members are volunteers and receive no compensation. Ø You can pay your dues at the annual meeting or mail them to VCPOA PO Box 27666 Albuquerque, NM 87125

Ballot Collection Turn In Your Ballot

New Business Old Business All

Last Reminders If you move or sell/buy a lot, let a board member know so we can keep the database updated. Help Grow Volcano Cliffs Please Pay your dues.

Thank You For Attending