MANAGEMENT UPDATE THURSDAY

                                                    MANAGEMENT UPDATE
                                                   THURSDAY, JUNE 5, 2008
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Frames Tree Service completed the Annual Tree Trimming Project on Friday, May 23^rd. Thanks to Dave Lefton of the Landscaping Committee and Assistant Manager, John Snyder, for overseeing the project.

Paint It Rite, Inc. completed painting the Center’s Stage and adjacent walls on Thursday, May 22nd. The new black matte color looks great and the work was completed in a timely and professional manner.

On Friday, May 23^rd, Lazar Interiors hung the stage curtains and drapes in the Center that were taken out for a thorough cleaning. This was the first time that they had been cleaned since they were originally purchased and hung.

Carl’s Pool Service was called in on Wednesday, June 4th to repair a leak in the intake of the Cabana Club Spa. The leak also caused the spa pump to overheat and seize, requiring us to replace the pump, which was completed yesterday afternoon.

Over the last few weeks, our staff has been busy painting many rooms in the Clubhouse. As of this date, all Card Rooms, Room A and the Billiard Room have all been freshly painted. In addition, our staff replaced the lights in the Steam Room and replaced a timer for the lights around the pool.

After what seems like a month, Lake Worth Drainage District has completed removal of the dredged material that they had piled up by the canal during the Canal Dredging Project. Although there is a layer of dirt on the ground, the grass will eventually cover what dirt remains.

Replacement of the Tennis Court Awnings by Delray Awning Company has been rescheduled for Tuesday, June 10^th. The project will consist of installing new canvas awnings on all shelters, replacing the frames on two of the shelters and sanding, priming and painting the remaining frames. The work will take approximately two to three days to complete.

Domenico’s Nursery & Landscaping, met with Dave Lefton and Assistant Manager, John Snyder last week to go over some landscaping improvements in the community. Among the improvements are mulching around the Clubhouse, Pool and other locations adding additional ficus hedges in some selected locations including around the Regulator Station in the front of the community. We are awaiting the proposal, which will be presented to the Board at the next Workshop Meeting.

Respectfully submitted,

Rick Leach, L.C.A.M.

Property Manager