PERFORMANCE CAM, LLC3360 WEST SAHARA BLVD,SUITE 250

LAS VEGAS,NV 89102Phone702.362.3018 * Fax 702.362.9671

APRIL 2010

Re: BARRINGTON BAY COMMUNITY ASSOCIATIONRESALE OF UNIT

The information you requested is as follows:ASSESSMENTS:

.The board. established the Association's fiscal year as January 1 to December31, as the Regularassessment period. Monthly payments are due on the first day of each month and are delinquent on the11th day after the due date. On the twelfth (12th) day after the assessment became due or any portionthereof that is delinquent, a late charge of $10.00 per month shall incur.MONTHLY INSTALLMENT: $ 67.00

DOCUMENTS:Payable separately in the form of a cashiers check or money order to PERFORMANCE CAM,LLC:DEMAND CERTIFICATE - Agent shall furnish at a cost of$150.00, within 10 days afterreceipt of a written request by a unit's owner or his authorized agent.RESALE PACKAGE - Agent shall furnish to a unit owner or his authorized agent, at theexpense of$160.00.TRANSFER FEE - Agent shall, within 10 days of receiving notification of the change inownership, update the associations' records relating to a unit, at the expense of$150.00 to thenew unit's owner. A copy of the recorded deed and a completed Resident Information Form fromthe buyer is requested after closing.REQUEST FOR TAXPAYER IDENTIFICATION NUMBER AND CERTIFICATION (IRSform W-9) - Agent shall, within 10 days of receiving the request, provide such form at theexpense of$ 75.00 to the requesting party. TAX ID - 88-486702.

INSURANCE:HOA General Liability, Blanket Property, Fidelity Bond, and D&O coverage for theAssociations Common Areas policy is with producerWegener Insurance Agency Inc. 702-253-5195.OWNER, at the close of escrow, at own expense shall obtain and furnish to the Association acopy of the homeowners policy of fire and casualty insurance with extended coverage for loss ofdamage to all insurable improvement and fixtures installed for the full insurance replacementcost thereof without deduction or depreciation or coinsurance.

UNSATISFIED JUDGMENTS:Any unsatisfied judgments or pending legal actions against the association. NONEThe status of any pending legal actions relating to the common-interest community of which theunit's owner has actual knowledge. NONE

MISCELLANEOUS:MASTER HOA - The Master Association for this property is Los Prados Association, andoperates as a separate entity; therefore, separate information is required. Contact Manager SandyLee at 702.645.4134.

:".\.1 .. ,._,.

BARRINGTON BAY VILLAGE AT LOS PRADOSCOMMUNITY ASSOCIATION, INC.

c/o PERFORMANCE CAM, LLC3360 W. SAHARA, SUITE 250, LAS VEGAS, NV 89102

702.362.0318 OFFICE 702.362.9671 FAXNovember 30, 2009

TO ALL HOMEOWNERS

In accordance with the Association's Governing Documents and pursuant to NRS 116.3115,116.31151 and NAC 116.415, you have been sent the Annual Operating budget for 2010.

The Annual budget is for the daily operations of the association which must be assessed againstall units.

The Board has reviewed and adopted the previously sent 2010 budget. To balance the budget for2010,- the board at this time feels that;

AN INCREASE IN THE ANNUAL ASSESSMENT IS NECESSARY.Therefore, the Annual assessment for 2010 will increase to $804. 00

payable in installments of $ 67.00 per month per unit.

The Board does not anticipate the levy of any more assessments in 2010.

Within 60 days after adoption of any proposed budget for the common-interest community, theexecutive board shall provide a summary of the proposed budget to each unit's owner and shallset a date for a meeting of the units' owners to consider ratification of the proposed budget notless that 15 days or more than 30 days after the mailing ofthe summaries. ,-

Unless at that meeting a majority of all units' owners, or any larger vote specified in thedeclaration reject the proposed budget, the proposed budget is ratified, whether or not a quorumis present.

This letter serves as the notice that a Budget Ratification meeting will be held on DECEMBER16, 2009 at 7:45 p.m. inside the Prados Community Clubhouse, 5150 Los Prados Circle, LasVegas, Nevada.

Sincerely,

The Executive Board OfDirectors

OPERATING EXPENSESLAWN AREASLandscape Contract $24,000.00Landscape Aeration $1,000.00Irrigation Repairs $100.00Landscape Other $100.00 $0.00~R'~~.'" 1I:4l5,f~P:QI[', .A~JJ1lf.tJI01[

INSURANCEInsurance General Liability

Insurance D&O

MANAGEMENT & ADMIN,

Management Fee $0.00$0.00Lien - collection fees

$2,546.00

$0.00

$0.00

$0.00

$300.00

$52.63$0.60 -$0.44

$1.97

$7.89

$0.00

Ombudsman - SOS $25.00

$0.00 $0.00Accounting - Review/Tax Prep

Licenses, Permits & Fees $0.00 $0.44.

Social event - Picnic

$0.00

$7.08

$0.00

$16.67

$0.19

$100.00

Postage. $60.00 $0.44

Supplies

$25.00

$16.67

$0.66

$100.00

Miscellaneous Expense $100.00

$16.67

$32.67

$0.44

$0.86

:

Barrington Bay

Balance Sheet FundPeriod Through 02/28/2010

Operating Total

Assets

CashOperating BON $10,495.77 $10,495.77

Total Cash 10,495.77 10,495.77

Accounts ReceivableAiR Assessments 5,092.00 5,092.00

Total Accounts Receivable 5,092.00 5,092.00

Total Assets $15,587.77 $15,587.77

Liabilities & Equity

LiabilityPrepaid Assessments $6,251.00 $6,251.00

Total Liability 6,251.00 6,251.00

Otheroffset 10,208.77 10,208.77

Total Other 10,208.77 10,208.77

EquityOperating Retained Earnings 0.34 0.34

Net Income (872.34) (872.34)

Total Equity (872.00) (872.00)

Total Liabilities & Equity $15,587.77 $15,587.77

3/16/2010 4:07:45 PM Page 1 of 1

~

Barrington Bay

Income Statement YTDPeriod 2/1/2010 AND 2/28/201011:59:00 PM

Month to Date % Year to Date %

Operating

~Accounts Receivable

62000 Assessments 2,546.00 99.97% 5,092.00 101.07%

Total Accounts Receivable 2,546.00 99.97% 5,092.00 101.07%

Other Receivable

63001 Interest 0.76 0.03% 1.25 0.02%

63002 Legal Fees 0.00 0.00% (55.00) -1.09%

Total Other Receivable 0.76 0.03% (53.75) -1.07%

Total Income 2,546.76 100.00% 5,038.25 100.00%

Expense

Administrative

90100 Copies 5.17 0.10% 13.16 0.22%

90300 Coupons 0.00 0.00% 124.27 2.10%

90600 Postage 9.38 0.19% 50.16 0.85%

Total Administrative 14.55 0.29% 187.59 3.17%

Community

80200 Secretary of State I Resident 0.00 0.00% 60.00 1.02%

Total Community 0.00 0.00% 60.00 1.02%

Landscaping

92100 Landscape Contract 4,275.00 84.41% 4,275.00 72.33%

92700 Aeration I Fertilization 0.00 0.00% 275.00 4.65%

Total Landscaping 4,275.00 84.41% 4,550.00 76.98%

Management

93100 Management Contract 600.00 11.85% 900.00 15.23%

93400 Start-up Costs 0.00 0.00% 38.00 0.64%

Total Management 600.00 11.85% 938.00 15.87%

Taxes

97200 Income Tax Return 175.00 3.46% 175.00 2.96%

Total Taxes 175.00 3.46% 175.00 2.96%

Total Expense 5,064.55 100.00% 5,910.59 100.00%

Net Income (2,517.79) (872.34)

3/16/2010 4:08:55 PM Page 1 of 1

A'~~:~D'"·~tJn··~ ..'. .'".,.', ..... '.~eER 702.253.5195 FAX 702.253.5666

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INSURE'D 'Ritul Arrieta, Luis ArrietaDBA~ Arri eta r S Lawn Service~894 Lone Mountain Rd#~65L.it~ V~gu I NV 89130

CERTIFICATE OF LIABILITY INSURANCE I DATE (MYIODIYYYY) ,

1l/ZO/2009rnls CERTIFICATE IS ISSUED AS A MAnER OF INFORMATION'ONLY AND' CONFERS NO RIGHTS UPON THE CERTIFICATEHOLDER. THIS CERnFICATE DOES NOT AMEND, EXTEND ORALTER THE COVERAGE AFFORDED BY THE POUCIES BELOW.

lNSURERC:

INSURERS AFFORDING COVERAGE NAIC"

INSURER A: Capitol IndeTMity 10472INSURER 8: Fi rstCOIItJ Insurance COIq)any 27626

INSURER[):

INSURERE:

COVEAAGESTHE POlItlE'S OF INSURANCE LISTED 6ELOW HAVE 6EEN ISSUEO TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDINGANY REQUIREMENT. TERM OR CONDmON OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED ORIVtI\Y PERTAIN. THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS. EXCLUSIONS AND CONomONS OF SUCHPOLICIES, AGGREGATE LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS, '

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GENERAL AGGREGATE $ 2.000.00<1·A·

UiIIITS

OTHER

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WC0100096-01 11/14/2009 11/14/2010 ~X~~j~~6~~~~'y5~'J~~~~'~,I__~!~~~ --4E.L EACH ACCIDENT $ 1 000,DOCEL OISEASE - EA EMPLOYE! S 1 , ODD ,OO(JEL DISEASE - POLICYUMIT S 1. 000 .OOC

DEsCRlp~ 'OFdPERATlQNS I LOCAnoNS I VEHICLES 1EXCWSIONS ADDED BY ENDORSEMENT I SPEC1Al. PAOVlS10NS

C'ERTIFICATE HOLDER CANCELlATIONSHOULD ANY OF THE ABOVE DESCRIBED POlICIES BE CANCEll£D BEFORE THE EXf'IRATlO

DATE TltEREOF. THE ISSUING INSURER Will ENDEAVOR TO MAIL .-!L DAYS WRITTEN

NOncE TO TltE CEftTlF1CA're HOLDER NAMED TO TI1I, LEFT. BUT FAlI.URe TO DO SO SHALL .

IIoIf'CSE NO OBUGATION OR UABIUTY OF All'( KIND UPON THE INSURER. ITS AGENTS OR

WI' El'iTA'TIVES.AUTltORI

.L6s:':Prados CoIIIIIUnity Associ ation'. 6):s'O Los Prados Ci rcl e

.. _.:.('a:.', Vegas .• rN 89130A'CO .[) 25 ~2009/01)

BARRINGTON BAYVILLAGE OF LOS PRADOS COMMUMTv ASSOCIA;?~INVESTMENT POLICY AND PROCEDURES ~ .•.

. _ r~

WHEREAS the Executive-Board of-Directors ("Boar-d")is charged pursuant to the Associations ' Declaration of ~Covenants, Conditions and Restrictions ("CC&R's") and Bylaws to be in compliance with applicable Laws, andwishes to memorialize their investment policy for funds in the operating and reserve accounts, ensure that the fundsare also available as needed to properly protect, enhance and preserve the assets ofthe Association, and that Ownersknow how their funds are being invested in both the operating and reserve accounts, and

NOW THEREFORE, BE IT RESOLVED:To ensure compliance ofNAC 116.300 and NAC 116.400, the Board shall;1. Deposit or invest aU -funds· of-the association at a financial institution which; (a) Is located in this State; (b) Isqualified to conduct business-in this State; or (c) Has consented to be subject to the jurisdiction, including the powerto subpoena, of the courts of this State and the Division.

2. Deposit, maintain and .invest all funds of the association; (a) In a financialinstitution whose accounts are insuredby the Federal Deposit Insurance Corporation, the National Credit Union Share Insurance Fund or the Securities

--InvestoI'Protection Corporation; (b) With a private insurer approvedpursuant toNRS 678'.755; or (c) In a governmentsecurity backed by the full faith and credit of the Government ofthe United States.

3. No investment decisions will be-made outside, of a Board meeting and majority of the Board shall make decisionsbased on recommendations of a person who is educated and licensed as an investment adviser. A calendar shall bekept by the Treasurer, which shall show the maturity dates to enable ample time before the renewal of any accounts toplace decisions on the agenda for any decisions to be made. No individual investment (including dividends orinterest) will be placed in any instrument that will exceed the insured amount provided law.

4. To remain in compliance with NRS 116, two officers ofthe Board sh!111be signers on all checks. Deposits intoAssociation accounts can be made by the Community Manager.

5. At least once every 100 days at a meeting of the Board, the Treasurer shall present and the Board shall review, at aminimum, the following fmancial information: (a) Current year-to-date fmaneial statement of the Association, (b)Current year-to-date schedule of revenues and expenses for the operating and reserve account compared to the budgetfor those accounts, (c) Current reconciliation of the operating account, (d) Current reconciliation of the reserveaccount, latest account statements prepared by the financial institutions in -which the accounts of the association aremaintained, (f) The current status of any civil action or claim submitted to Arbitration/mediation in which theAssociation is a party.

If any provision of the Policy is determined to be null and void, all other provisions ofthe Policy shall remain in fullforce and effect.

This resolution of the Board of Directors has been duly adopted at the December 16, 2009, Executive Board ofDirectors meeting.

By: Attested: ~Secretary