ASSOCIATION of ANGEL FIRE PROPERTY OWNERS

Board of Directors

Special Meeting Minutes

February 10, 2010

Vice President Mike Woolley called the meeting to order at 5:05PM at the Resort Hotel.

Roll Call

Jim LeBus, President, Absent

Michael Woolley, Vice President, Present

Joan Ronchetti, Secretary, Present

Lovelle Upton, Treasurer, Present

Chuck Verry, Director, Present

Barry Rogers, Director, Absent

Harvey Wright, Director, Present

Jack Fuehr, Director, Present

Ted Hardy, Director, Present

Introduction of Guests and Audience Comments

Maren Smith, Member Services Director, Angel Fire Resort

BU Terry, EACC Chair

Glen Weiderstein, AAFPO Member

Carl Nelson , Line of Sight Surveying

Greg Battershell, AAFPO Member

Don Welker, Candidate for Village Board

Ron Glaser

Approval of the Agenda. Jack moved and Lovelle 2^nd Approved by vote

New Business.

By- laws review and changes were presented by Jack. He presented Carol Neelley's, opinion that a complete set of amended by-laws does not have to be provided to each member. The changes that are being made are clarifications, updating additions, deletions and housekeeping. Lovelle commended Jack on the work he has done to bring the document up to date and making the changes that will keep the document as broad as possible and not as time sensitive as in the past. The board discussed the proposition that all permanent committees should be board members unless the board wishes to state otherwise i.e.: EACC. The board does have the ability to have a say in special assessment only. The Resort sets other assessments. The attorney will be contacted for her opinion on provisions to be deleted from by-laws. Jack will leave in the references to the original documents. Lovell will also meet with Carol Neelley.

Resort Report

Maren reported the country club is coming along nicely and will open on time. Looking at the preliminary C.P.I. numbers, taken from the Consumer Price Index for all Consumers, series ID: CUUR0000SA0. The dues will be going up 2.1% with the FY2011 billings. Lovelle questioned the increase due to the non increase in Social Security payments. There were several questions about the new club. Maren stated not all questions could be answered at this time. The resort is meeting on all questions. Maren would like a list of questions from the board e-mailed to her. At this time there will not be any dramatic jump in membership fees. The member social was canceled for February. The future socials will be held twice a year instead of monthly. This is a completely Resort financial decision. The costs were about $27,000 per year. It would be worth discussing the possibility of AAFPO using funds to sponsor a social or two.

Motions for Board Decisions

1. The board will be asked to clarify and approve the wording of a letter regarding the HALO decision. A motion by Lovell and 2^nd by Chuck that this will be done by e-mail. The board voted to approve.

2. A motion was made by Jack and 2^nd by Joan to approve the minutes of December 9, 2009 board meeting. Approved by vote of the board.

3. Greenbelt and Sage Lane were discussed by Carl Nelson. Dan Rakes approved the wording of the easement. The Village approved the area to be used for snow storage and will take over the road for maintenance. Chuck moved that we approve the plat as submitted, 2^nd by Lovelle. Approved.

4. Carl also discussed the extension of South Angel Fire Road which will connect 434 and Valle Grande South and will do away with part of the easement for the Baptist Church for the gravel entrance to the parking lot from 434. The Resort still must approve but is expected and the engineers involved with the project from the PID have approved. The approval of the village is not needed. Chuck moved that we approve the easement to facilitate the movement of traffic as presented on the plat and 2^nd by Jack. The board approved. Mike was to sign the plat for the board.

5. AAFPO Week-end. The Community Center will be used if the weather is inclement for the hamburger social on Sunday. Seven restaurants in Angel Fire will participate in the cocktail party /Taste of Angel Fire after the annual meeting. Jack suggested the community center paint a wall with reflective paint for movies. There will be several activities going on all week-end. A Hop-a-bus for a tour of all of the facilities and to move people from the parking lot to the Community Center for the meeting is being considered. Stuart Hamilton will speak for the village. The committee consists of Jack, Christy Germcsheid, Karen Kelly, Tracy Orr, Judi Feffer, Mike Woolley and Maren. Jack gave several thoughts on how the week-end may be expanded in the future with fireworks and wild flowers planted. Lovelle nominated Jack to be AAFPO Week-end chair and along with the other members for the committee, 2^nd by Harvey. The board approved.

Old Business - none

Reports

EACC- BU stated we do not have any new building permits. The village has few inquires. The economic times are blamed.

Amenities- Chuck stated we have about $90,000 left to be spent mainly on the golf area. About $30,000 will likely carry over into next year. The golf money that is unspent will have to be reallocated but with approval of the board. The wet-lands mitigation has put a stop to any pond work on the golf course. A suggestion was made to make a baseball field connected to Oly Park but the legal considerations loom large.

Presidents Report - none

Mike adjourned the meeting at 7:05.

Joan Ronchetti Jim LeBus

Secretary President