Date: Monday, July 6, 2026

Time: 8:30 AM

Location: Dollar House at Chinquapin, 3600 North Lake Blvd., Tahoe City, CA, with 2026

Directors Present: Bruce Bayne (President / Pool & Tennis, Units 56 & 57), Cris Wedekind (Vice President & ARC, Unit 51), Carl Bertelsen (Buildings, Unit 181), Terry Sarvas (Grounds, Unit 171), Jeff Giacomi (Treasurer, Unit 12), Bob Nielson (Insurance Broker of Record, Unit 173), Marvin Feinstein* (Secretary, Unit 21),

Management & Vendors, Amy Jack (A Jack of All Trades "AJOAT"), Jimmy Jack (AJOAT), Kabrina Jack (AJOAT)

Homeowners / Guests Identified on the Record: Robin Kelly (Unit 162), Tony Stayner (Unit 24), Mitch Packard (Unit 156), Julia Carver (Unit 131), Bob Porteous (Unit 54), Candice Philbrick (Unit 135), David Heneghan (Unit 7), Angelique Burell (Unit 184), Jim and Nicola Hemerling, Barbara Beich (Unit 98), Steve Giacomi (Unit 12), *Lisa Kelley (Unit 33), *Ed Taylor (Unit 127), *David Nemeth (Unit 78), *David Kapnick (Unit 30),*Tom Kaston (Unit 4),

*Attended via Zoom.

Call To Order

A regular meeting of the Board of Directors (the "BOD") of the Chinquapin Homeowners Association (the "CHOA" or the "Association") was held on the above date, time, and location. Notice of the meeting was provided in accordance with the governing documents of the Association. The meeting was called to order at 8:30 AM. A quorum of Directors was present. The agenda was reviewed. Secretary Marvin Feinstein submitted the prior meeting minutes for Board review. No revisions were presented on the record

Motion: To approve the prior meeting minutes. Result: Approved unanimously.

President's Report- Bruce Bayne

• President Bayne welcomed attendees and expressed appreciation on behalf of the Board for the successful Fourth of July weekend. Special thank given to: AJOAT. Amy Jack and her team, The Fourth of July committee, Sandra Carter, & Volunteers

  Homeowner Public Comments

  Unit 3 / Unit 4 Water Intrusion

  Tom Kaston, Unit 4, addressed water intrusion concerns affecting the building containing Units 3 and 4.The Board noted that An independent engineer was scheduled to inspect the matter on Wednesday, July 8, 2026, at 1:00 PM.

  Air Conditioning / Heat Pumps

  Homeowners discussed the need to balance homeowner comfort with impacts on neighboring units.

  Wildfire Notification and Emergency Planning

  David Kapnick, Unit 30, provided comments regarding Wildfire notification & Evacuation planning.

  Unidentified Minors

  ·A homeowner reported an incident from July 5, 2026 involving unidentified minors. The board and management advised that law enforcement should be contacted for safety concerns, property damage or trespass.

  Finance Committee Report- Jeff Giacomi

  The Association remains in a strong liquid position.

  Cash and Investments

  Total cash and investments were reported at approximately $2.1 million, consisting of approximately $600,000 in the operating account. and approximately $1.5 million in the reserve account.

  Accounts Receivable

  Accounts receivable were reported at approximately $5,800 in outstanding dues.

  Reflecting significant improvement from the prior report. The Special Assessment has been fully collected.

  Budget Status

  At approximately one-third of the way through the fiscal year operating expenditures were approximately $807,000, or approximately 27% of the annual operating budget.

  Reserve expenditures were approximately $93,000, or approximately 7% of the annual reserve budget.

  Special Assessment

  Special Assessment expenditures totaled approximately $1.14 million, primarily for Decks &Roofs. Approximately $569,000 remains for continued deck and roof work.

  Legal Matters

  No legal action is pending.

  Motion

  Motion: To approve the April financial statements. Result: Approved unanimously.

  Insurance Committee Update- Bob Nielson

  No material changes from the prior insurance report. The Association remains grandfathered into its current insurance program notwithstanding the property's reported fire line score of 93. The Committee reported that the current program generally does not accept properties above a fire line score of 81. The Association's maintenance practices, lack of losses, and ongoing risk mitigation work continue to support coverage availability.

  Insurance Renewal

  The Committee reported that The Association's renewal was favorable and less than the prior year.

  Fire Line Score Discussion

  addressed the limited ability to change fire line scores. The importance of continuing defensible-space work to maintain insurability and support individual homeowner coverage.

  Architectural Review Committee (ARC) Report-Cris Wedekind

  Cris thanked the Board for authorizing Scott Ryan to continue serving as an architectural consultant.

  Sound Meter

  The ARC further reported that the Association now has a sound meter for review of air conditioning and heat pump equipment. The current guideline remains 60 decibels at 10 feet.

  Project Matters

  The following projects were reported by the ARC as approved, conditionally approved, administratively noted, or referred as indicated:

  Unit 181-Conceptual remodel approval recommended, Unit 131 Like-for-like kitchen work administratively noted. Unit 189 Like-for-like carpet and paint work administratively noted. Unit 106 Roof leak damage referred to the Buildings Committee, Unit 55 Like-for-like shower work administratively noted Further ARC review required if the scope changes, Unit 76 Deck replacement conditionally approved pending :Final plans, Permits, Applicable fees, Unit 163 Concrete pad removal requested, Related sound and screening matters still under review.

  Administrative Review Process

  The Board clarified that like-for-like interior work should be handled as an administrative notice process rather than substantive ARC approval, provided the work does not involve: Exterior modifications, Structural changes, or Permit-triggering work.

  • Management will receive:

    • The scope of work.

    • Contractor information.

    • Applicable insurance documentation.

    • Contractor acknowledgment of community rules and work-hour requirements.

    • Emergency repairs may proceed as needed, with appropriate follow-up notice to management.

  Deck Railing Evaluation

  The ARC also reviewed an alternative lower-cost deck railing concept for possible future use with potential cost savings of approximately $16,000 compared with the current railing system.

  Motion: To authorize the Association to participate in a lower-cost deck railing test installation at the Packard office, with the Association's contribution not to exceed $2,500. Result: Approved unanimously.

  Buildings Committee Report- Carl Bertelsen

  Most critical deck repairs have been completed or are in progress. Railings for certain one-bedroom unit decks remain pending, with completion anticipated after fabrication and powder coating. Units 161/162 and 155/156 remain on the added deck work list. An additional deterioration condition was identified at Unit 88 involving a major support area. Tahoe Truckee Painting completed scheduled spring maintenance, including work on two sides of the Dollar House. The Committee reported a potential maintenance issue at Unit 106 involving warping and separation of siding and trim, which may create water-intrusion risk. Management will obtain pricing and evaluate the appropriate scope of repair. The Committee also reviewed the ongoing Unit 3 / Unit 4 water intrusion matter. An independent engineer is scheduled to inspect on July 8, 2026, at 1:00 PM to evaluate causation, drainage, possible French drain remediation, and the appropriate repair approach. Responsibility and allocation of costs will be considered after further engineering information is received. For the commercial stove and venting at the Dollar House an additional accessible gas shutoff valve will be installed. Commercial-grade venting is in place.

  Grounds Committee Report-Terry Sarvas

  The Committee reported that the overall condition of the property looks excellent and thanked management and staff not withstanding a difficult grounds year with ongoing fire-mitigation work. The buoy field safety project is substantially complete with respect to layout. Additional yellow marker buoys have been ordered to help slow or discourage non-resident boat traffic from entering the buoy field. Management reported continued defensible-space and trimming work, with the current focus on the north side of the property. Buildings 1 through 8 and 21 through 24 were identified as substantially completed for current purposes.

  Pool & Tennis Facilities- Bruce Bayne

  The pool was reported to be clear and in excellent condition during heavy use. Management and homeowners expressed appreciation for the success of the Fourth of July activities.

  Management Report

  Current management priorities include roof and deck coordination, defensible space compliance, contractor coordination, recreation operations, pool and tennis operations, holiday-event follow-up, and homeowner communications.

  Adjournment

  There being no further business to come before the Board in regular session, a motion to adjourn was duly made, seconded, and unanimously approved. The regular meeting was adjourned at 10:15 AM. The Board then proceeded to executive session.

  Submitted by:

  Marvin Feinstein

  Secretary, Board of Directors