July 8, 2006

Dear Neighbors,

Ian Carrus has recently announced his resignation as President of the
Century Farms Neighborhood Association.  Please join us in showing him
our appreciation for the time he has devoted to making Century Farms a
better place to live.  Through his leadership, the association has taken
a proactive role in pond management; expanded our rules and regulations
to include minimum landscaping standards as well as heralding the still
challenging issue of blowing refuse. 

When you see Ian around the neighborhood, please thank him for the time he
dedicated to our community.

Our neighborhood association declarations require a minimum of 5 board
members.  The by-laws outline the procedures for a situation like this
when we need to replace a board member mid-term.  Specifically:

"A successor to fill the unexpired term of a Director who resigns or is
removed may be appointed by a two-thirds (2/3) majority of the remaining
Directors to serve until the next meeting of the Owners or for a period
terminating no later than 30 days following the filing of a petition signed
by the Owners holding 20% of the votes of the Association requesting a
meeting of the Owners to fill the vacancy for the balance of the term. Such
meeting of the Owners shall be called for purposes of filling a vacancy on
the Board no later than 30 days following the filing of a petition signed by
the Owners holding 20% of the votes of the Association requesting such a
meeting."

Per these by-laws, the board will be appointing a replacement board member
in the coming 2 weeks.  Fran Bixler, currently Vice President, will fill
Ian's vacated President role.  The new individual will serve a still-to-be
determined officer position until the next regularly scheduled Owners
meeting that will take place in March, 2007.  While the board already has an
individual or two in mind, we do want to notify you of the protocol and
solicit any other candidates who wish to be considered.  If you have an
interest and would like to be considered, please contact any of the current
board members by Tuesday, July 18th.

Warmly,

The Board of Directors,

Fran Bixler, Mitch Friedman, Tim Yao and Dale Simonson.