THE NEXT REGULAR MEETING OF THE MISSION PALO ALTO BOARD IS SCHEDULED FOR

WED. MARCH 10, 2004

at 7:00PM IN UNIT 140

PLEASE WATCH YOUR SPEED LIMIT - The Board of Directors made a change in the speed limit to 7 mph instead of 10 mph. The speed limit has been posted on the asphalt in several locations. The maximum speed of 7 mph is for all drivers, i.e. residents, guests, and others inside the Mission Palo Alto complex. Don’t try to make up for a “late start” in getting to an appointment, the job, etc.

FIRE LANES & PAINTED CURBS

Fire lane markings have been added behind garages/carports and along islands between the open parking areas. The Menlo Park Fire District requires twenty feet of road clearance to enter and maneuver through the complex. All red curb areas (fire lanes) do not allow for parking at ANY time.

BEL-CARLOS SECURITY & PATROL

The Association has an agreement with Bel-Carlos Security & Patrol. Service started the first part of February 2004. Their responsibilities are to patrol the complex for parking compliance and note any security issues that may arise. Bel-Carlos will assist in keeping the rules of the common area (i.e. hours of pool & spa usage). Bel-Carlos is on site several times, daily and will ticket vehicles that are not in compliance with the Associations parking policies. Security will (without written notice) tow away vehicles parked along the red curb areas (fire lanes).

GATE BEEPERS AVAILABLE - For sale at $35.00 each, cash or check made out to Mission Palo Alto HOA is needed. Call Deborah Sell, Property Manager at (408)446-1600.

GATE REGISTRY - is updated by Phoenix Resource Management. Please contact Deborah at (408)446-1600 between 9am and 5pm regarding needed name and phone changes.

Mission Palo Alto HOA Board of Directors:

President: Lois Frontino Unit 150

Secretary: Andrew Rich Unit 116

Treasurer: Charlie Knight Unit 140

Phoenix Resource Management (PRM)

Property Manager: Deborah Sell

Phone: 408-446-1600

Fax: 408-446-1622

Mailing Address: Location Address:

PO Box 391507 7291 Coronado Dr.#9

Mtn. View, CA 94039 San Jose, CA 95129

REMINDER ON COMMON AREAS:

All areas outside the front and back of unit gates are neighborhood COMMON AREA! Owners, residents, are not allowed to alter, remove, change, destroy anything in the COMMON AREAS of the complex. This includes signs, numbers and plants (dead or alive). Nothing maybe stored in the common area by residents.

STORAGE OF PERSONAL ITEMS:

Personal items used in the Common Area, such as the pool/spa area, driveway, etc., must be removed after each use and upon leaving the area. Storage of personal property in the common area is prohibited. Appropriate uses of personal property in the common area is allowed but don’t forget to remove the property/equipment and store it in your private areas and not the common area.

NEW HOUSE NUMBERS:

Since the complex was painted during September of 2002, new house numbers have gone up. Each unit will have unit numbers by the unit walkway and/or garage. Uniformity of unit numbers assists delivery persons and guests to locate the desired home. Additional, owners purchased numbers placed on the front entrance gate to the unit are acceptable but do not replace the uniform numbers on each walkway entrance.

CHANGES TO COMMON AREAS/BUILDINGS

The Board of Directors must approve any change to the exterior of units. Submit your request in writing to management by the 15^th of that month and allow the Board thirty days to reply.

The Board is reluctant to permit changes in Common Areas that would alter the current design of the complex. However, improvements that enhance the quality of life and value of property is the Boards objective. Changes that require permits from the city and may become the maintenance responsibility of the unit owner.

INSURANCE & DUES INCREASE

Your Association has a master fire/liability, flood and earthquake insurance policy that covers the Association. A poll was sent out asking if owners would want to consider cancellation of the earthquake policy. This was a board strategy to try and keep the dues at the $325.00 level. The poll revealed that out of the fifty-one units, only twelve wanted to cancel the earthquake policy. With this information, the board was forced to look at the budget and determine what needed to be done to cover expenses of the complex. The 2004 operating budget projected a $10,016 shortage and the insurance cost of $4,928.00 is part of the shortage. Last year (2002/2003) the Association increased the deductible to assist in keeping insurance costs down. Armed with this information, the board voted to increase the dues by $15.00 per unit per month starting April 1, 2004.