Tiffany Lakes Condominium Association, Inc.
C/o Tower Management Services, Inc.9
00 West 49^th Street Suite 22
Hialeah, Florida 33012 

On this July 28^th, 2006 at 10:00am the following board members were present and gather in unit # 111 Mr. Ernesto Fagundo, president, Ms. Xiomara Blandon, secretary and Mr. Ricardo Guillen, director in order to approve and/or rectified the following numbered items 1-14: 

1.                   Sale of units # 160, # 154 and # 271.  Rental of unit # 106 and # 222

2.                   Purchase and placement of post lamps (3 at the entrance and 3 at the exit), pool area, plus the placement of a fountain at the entrance

3.                   Any and all gate repairs (engines, bars, gates and system) & necessary pool system (engine, pipes and any other necessary equipment) in order to keep pool in 100% working condition

4.                   All necessary repairs and painting to walls around and within the premises and all garbage enclosures

5.                   Payment of Condominium web site, web master monthly maintenance and any other applicable community services work related

6.                   Removal of tree roots that are damaging parking spaces (pavement) and covering electrical conducts and unit’s walls

7.                   Removal of hurricane debris, dead palm trees, and dangerous trees that were damage after last years hurricane season and continues to cause a hazard to the community, buildings and owners properties

8.                   Paving of the entrance, exit and any other areas utilizing the pavement reserves as per our statues and asphalt as much as we can with the amount available in the reserves

9.                   Purchase of new security system (monitor & surveillance cameras) for the entrance, exit and pool area

10.               Meeting with Mr. Petter Patterson - CJW to present the estimates he requested for roof repairs negotiation (estimates which have been very difficult to obtain due to the busy season we have experience throughout South Florida)

11.               Approval of five (5) consecutive letters to be sent out to all unit owners regarding (1) budget and evidence of assumed expenses, (2) roof situation, contracts and related issues, (3) thousands of dollars spend by the prior board of directors in attorneys fees without legal grounds against Mr. Fagundo prior to the elections of May 17, 2006, (4) letter depicting all the projects conducted and in the future, (5) letter regarding other related matters such as rules & regulations, violations etc.

12.               Purchase and inauguration of a play ground within our community, which will be located at the SE corner of the premises within the gated area

13.               Due to budget corrections made to the 2006 budget, allocation of funds, necessary projects and priority in funding, the petty cash box of $1,000.00 previously allocated to the treasurer Mr. Domenico Ruscigno will be close immediately

14.               All previously announce and conducted board meetings, items and motions since May 17, 2006 until this day July 28^th, 2006, have been rectified and approved accordingly

Motion was made by # 1 Mr. Ernesto Fagundo, president #2 Ms. Xiomara Blandon, secretary and # 3 Mr. Ricardo Guillen, director.  Motion was second unanimously (majority of the board) to approve and/or rectified all numbered items 1-14.  Motion carried.

Board meeting adjourned at 10:30am.

Sincerely,

_______________              ________________               _________________ 

Secretary                    President                       Director