Reminder: Reserve Study Meeting 07/15/2009 at 7:00 pm

BRISTOLWOOD AT EASTLAKE HOMEOWNERS’ ASSOCIATION ATTENTION:

THE BOARD OF DIRECTORS HAS MADE ARRANGEMENTS

TO HAVE THE RESERVE ANALYST ATTEND A MEETING

GEARED AT EXPLAINING THE ASSOCIATIONS NEWLY

PREPARED RESERVE STUDY. THE RESERVE STUDY IS A ROAD

MAP FOR EXPENDITURES THAT ARE PAID FROM THE RESERVE

ACCOUNT AND WHAT THE LIFE EXPECTANCY IS FOR ALL OF

THE COMMON AREA COMPONENTS SO THAT THE ASSOCIATION

CAN PLAN, PREPARE, AND BUDGET ACCORDINGLY. BY

PROPERLY BUDGETING IN ACCORDANCE WITH AN ACCURATE

RESERVE STUDY, THE ASSOCIATION SHOULD AVOID HIGH

FEE INCREASES AND SPECIAL ASSESSMENTS.

THE RESERVE STUDY MEETING IS SCHEDULED FOR

WEDNESDAY, JULY 15, 2009 AT 7:00 P.M. AT THE CLUBHOUSE.

IF YOU HAVE ANY QUESTIONS, PLEASE CALL 619-528-4200 EXT. 122,

OR VIA E-MAIL AT JESSICA@PMCHOA.COM.

THANK YOU,

BOARD OF DIRECTORS