Thank you for your participation. Please let me know if you have any other questions!

1. Villages of Westcreek
San Antonio, TX 78253
September 25, 2010

2.  Bexar County Commissioner, Precinct #1,
Honorable Sergio “Chico” Rodriguez
 State of the Community Address, President
 Staff Update, Community Manager
 Draft 2011 Budget, Treasurer
 Board Members Presentations
 Question and Answer Session

3.  Late Assessments are decreasing but still
impact the homeowners

4. $39,977.38
$40,000.00
Currently carrying $69,715.88
$35,000.00 outstanding debt by homeowners
$30,000.00 $28,062.57
$25,000.00
$20,000.00
$15,000.00
$10,000.00
$5,000.00 $393.59 $1,282.34
$0.00
1-30 days 31-60 days 61-90 days Over 90 days

5. 2000 1888
1800
1600
Currently 3320 homeowners in Westcreek
1402
1400
1200
1000
800
600
395 446
400 361
200
200
0
Current 1-30 days 31-60 days 61-90 days Over 90 days Total Late

6. 800
700
600
2005
500
2006
400 2007
2008
300
2009
200 2010
100
0
1-30 days 31-60 days 61-90 days Over 90 days

7.  Late Assessments are decreasing but still
impact the homeowners
 “De-mything” foreclosures and the HOA
process for collecting on delinquent
assessments

8. November February April May September
Assessment [30 days] [100 days] [155 days] [245 days]
Coupons are Statement sent Lawyer's office Lien is placed Judgment
sent out for to Homeowner is notified of on property taken
the following debt December
year
[335 days]
FORECLOSURE
-60 -30 30 60 90 120 150 180 210 240 270 300 330 365
January March April July November
Start of Fiscal [60 days] [110 days] [200 days] [305 days]
Year, Texas Property Issue Demand Lawsuit Filed, Foreclosure
Assessments Code Letter Letter homeowner requested
due sent via served
Certified USPS
mail
Payment arrangements can be made with office at any time
before it is sent to the lawyer and after it is sent to the lawyer
COMMUNICATION IS KEY

9.  Late Assessments are decreasing but still
impact the homeowners
 “De-mything” foreclosures and the HOA
process for collecting on delinquent
assessments
 Long-term projects for the future

10.  Online payments and account access
 PayPal
 Secure Access
 Community Bylaws Revision
 Overdue amendments
 Doesn’t solve CC&R issues
 Fence Project
 More sustainable options
 Neighborhood Lights
 Solar powered
 Yard lights
 Use of 26-acres of undeveloped land
 Self-storage
 Day Care
 Nature Trail

11.  Please help us to get everyone’s mailing
address, email address, phone numbers, etc.
 Volunteers for Committees
 2011 Election and Annual Meeting