January 16, 2009

Important Sales Team News
We are eager to announce a re-structuring within the Sales Department, effective January 14th, 2009. Shannon Murray will be taking over day-to-day Operations, Marketing and the Re-Sale Program, and Geoff Wright handling all sales for Bear Lake Reserve.

Geoff brings with him an extensive background in Real Estate Development Sales, as well as experience in Resort Sales and Marketing. Together, he and Shannon should prove to be a great representation of what Bear Lake Reserve has to offer.


Construction/Maintenance Updates
· Installation of conduit on Southshore Drive is scheduled to begin on 1/19/09. Work was delayed due to phone cable problems on Grandview Drive that are being corrected this week.
· Engineers, in cooperation with Centex, have yet to submit water distribution permitting issues to the regulatory agencies. As previously stated, this should occur in the next few weeks.
· We will begin slope stabilization on Lake Forest Drive, near the Grandview Drive intersection, within the next few days. Previous attempts to correct the issues have been insufficient due to the uncharacteristic amount of inclement weather we have experienced.


HOA Happenings
Town Hall Meeting Recap
The 1st Bear Lake Reserve Town Hall meeting took place on Jan. 10, 2009 at the BLR Lake Club. Fourteen homeowners, representing several neighborhoods in the community, attended. The Owners Association spoke about:
Owner representation on the Board of Directors, taking the time to introduce Don McAliley, the newest Board member, who spoke for a few minutes.
Collection of past dues
· association working closely with collections Attorney
· development of member balance spreadsheet (snapshot for Board to review)
· development of resolution to suspend member privileges with past due amounts more than 90 days
· collection rates as of 1/1/09
1. master association 87%
2. cottages 89%
3. mountain lodges 91%
3. Development of ATV resolution for ATV usage
4. Emergency phone locations
5. Directory update
6. ARB update

Hospitality group spoke about:
Development of advisory committee with member representation
Status of docks in negotiation
New development in 2009
Fee increase



Emergency phones are in place and stationed at the following locations:
Bear Creek ParkLake Forest Drive & Harbor Ridge DriveJuneberry Lane & Whispering Falls Court