The meeting was held at White Hawk Golf Club, 14515 South Yale Avenue, Bixby, OK. It began at 6:30 PM. Twenty-nine homeowners were present, 19 developers and nine proxies for a total of 57 votes. This number was not sufficient for a quorum. A motion was made from the floor by Steve Brown to reschedule the meeting in ten minutes and continue with a 25% quorum as stated in the bylaws. The motion was second by Chris Keisling and all 57 votes were in favor. Forty-eight votes were required to meet the 25% quorum. The motion passed and the meeting was rescheduled.

The subsequent meeting began at 6:45 PM on March 27, 2003. It was presided by developer Vern Seuss. An outline of meeting topics was provided. Mr. Seuss began with an introduction and overview of Twin Creek’s amenities and reserve areas. It was explained that the Mingo Road fence, the pool area, an island and the greenbelt where the primary obligations of the association. The Mingo Road frontage landscaping is on city owned property, but not maintained by the city. Maintenance of this area is optional and would be the responsibility of the association.

The second topic was a brief highlight of the restrictive covenants. The only comment was to remind owners that storage of trailers on homeowner property is prohibited.

A third topic of discussion was an overview of the budget. A copy of the budget and an expense summary was provided to everyone present for review. The question was raised regarding the delinquency of homeowner dues. To date 31 out of 176 are still uncollected. A question was raised regarding the association’s liability insurance with concern for the pool. Mr. Seuss explained the process that went into determining the current coverage and further noted that this would be an issue for the new board to review.

The fourth order of business was the conditional transfer of charter directors. The association will agree to let the charter directors to maintain control of the architectural committee. They will be allowed to interpret the restrictive covenants until the year 2005 or at which time all homes have been sold. The final condition is that all builder signage be retained.

The final order of business was the election of the board of directors. Nominations were taken from the floor. The nominees were Mike White, Bill Wetterman, Steve Brown, Roger Sorochty and Derek Taylor. Russ Knight moved to close the nominations. This was second by Don Sands. The question was called and a motion was made to accept the nominees. All present were in favor, none opposed. The specific board offices of President, Vice President and Treasurer are to be determined by the board members at the first board meeting.

In closing, the new board members were introduced. Those who have served on the pool and social committees were recognized. The meeting was adjourned.