ARCHITECTURAL CONTROL

· 53 items considered by ACC, 38 items approved, 15 deferred or disapproved.

· 4 new homes approved, 1 new commercial project approved (Primrose Pre-School).

· $5,250 in submission fees collected during November.

· $72,600 in submission fees collected year-to-date.

COVENANT ENFORCEMENT

· 1127 properties being pursued; 226 issues resolved; 9 issues referred to legal.

· Third contempt motion extended until January 17^th against owner residence (issue: residential construction incomplete).

Property going back to bank.

· Commercial building night light reviews have been completed. The number of buildings not being illuminated has increased.

· Temporary lease sign renewal notice letters have been distributed.

Installed 50 new Crape Myrtles in Old Rochelle Park and Rosita Park.

· Holiday decorations (reindeer) set up in Island Greens at 114 (O’Connor Blvd. and SH114).

· Coordinated new electrical wiring in Rochelle Park so that University Hills HOA can set up holiday display.

· Installed 17 news Live Oaks in Old Rochelle Park.

· Preparation underway for Central Station’s annual UL inspection in December.

· Security has processed 237 account change forms and completed 9 new alarm set-ups.

· Working with City of Irving regarding light pole banners in the Urban Center.

· Coordinated community meeting with residential real estate professionals/title companies regarding Association services and

estoppel/resale certificate process.

· Finalizing request/application with City of Irving and property owners for name change to a portion of Rochelle and

O’Connor Boulevards to Riverside Drive.

FINANCE AND ADMINISTRATION

· Collected 98.67% or $5,807,672 of the 2002 annual assessments as of 11/30/02.

· 2003 budget reviewed and approved by the Board of Directors on 11/19/02.

· Finalizing departmental goals for 2003.

· Preparation for year-end closing and audit underway.

· Business and health insurance renewals being completed.

· Processed 26 statements of account, 1 estoppel certificate, 7 resale certificates; 20 property ownership changes and 213 updates.