Pursuant to the memorandum dated January 14, 2002, the January Heartland Apartment Association Board of Directors meeting was held at the above stated date and time at the offices of Oddo Development Co., 8460 Nieman Road, Overland Park, KS.

Board members present were: Bill Charcut, Nick Moos, Jerry Miller, Doug Price, Rick Oddo, Brent Blake, Ralph Lewis, Lee Harris, Ron Nolan, and Chris Erdley. Also present were: Jim Beverlin, Peter Engelman, Brad Oddo, and Sam Alpert.   (Ken Riedemann and Ward Katz were  absent.)

Doug Price called the meeting to order and introduced Brad Oddo to the Board.

The minutes of the last meeting on 12/20/01, which had been previously circulated, were reviewed and approved by those present.

The December 31, 2001 year end  financial statement was reviewed and approved by those present.

Doug Price reported that the Budget Committee and  Sam Alpert had come to an agreement on job description and compensation for the HAA Executive Director position.

Sam Alpert distributed a calendar of scheduled HAA Board meetings for the year 2002. After some discussion and modification, Alpert was instructed to resubmit the modified schedule at the next meeting.

Sam Alpert distributed 2002 dues billing packages to those in attendance and requested that the Board review and approve a cover letter that would accompany the billings to all members not in attendance. Doug Price read the letter aloud and it was approved.

Lee Harris and Doug Price reported on the January 15^th  luncheon fundraiser for Carla Stovall and Kent Glasscock, who are running for Kansas Governor and Lieutenant Governor respectively. It was suggested that Carla Stovall, the current Kansas Attorney General, could be of some assistance in dealing with water sub-metering, as well as other state building codes issues.

Sam Alpert presented a summary of top priority issues (attached ) to be addressed in 2002. Among those issues, it was learned that a new “forced access” bill had been introduced in Missouri, which would preclude owners from entering into exclusive contracts with telecommunications and cable providers. It was agreed that this bill should be worked in conjunction with the AAKC and other real estate interests.

There was discussion regarding the storm water utility in Overland Park  as to the chances of reopening the issue for further negotiation with the city. Doug Price and Sam Alpert said they were in the process of developing a “cost benefit” case to present to city leaders.

The next regularly scheduled meeting of the HAA Board of Directors is to be held on Thursday, February 28, 2002,  7:45 A.M. at the offices of  Oddo Development Co., 8460 Nieman Road, Overland Park, KS.

There being no further business to come before the Board of Directors, the meeting was adjourned at approximately 9:05 a.m.