4/25/02, 7:45 A.M.

Pursuant to the memorandum dated April 18, 2002, the April 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: Jerry Miller, Rick Oddo, Ralph Lewis, Ward Katz, Doug Price, Brent Blake, Chris Erdley, and Lee Harris. Also present were: Brad Oddo, Bob Wise, Dennis Watts, Jim Adams, Travis Maurath, Clark Lindstrom, and Sam Alpert. (Bill Charcut, Nick Moos, Ken Riedemann, and Ron Nolan were absent.)

Doug Price called the meeting to order and guest introductions were made.

The minutes of the last meeting on 3/28/02, which had been previously circulated, were reviewed and approved by those present.

Sam Alpert reported on current legislative activities, including:

1. KCMO elevator inspections and certification- KCMO exemption bill introduced by Rep. Marsha Campbell…….Requires further clarification and negotiation among the parties

2. KCMO street closing fees- Negotiations with city on-going…no strong opposition to city position. Further negotiations with City Council pending.

3. Overland Park, Kansas storm water utility- Meeting w/ Neil Sader and test BOTA case pending

4. Kansas Water Sub-metering Bill HB 2999- Bill stalled in Senate Utilities Committee Clark Lindstrom of Peterson Properties reported that in his opinion the bill was dead for this session, and that owners throughout the state of Kansas should consider hiring a lobbyist to focus on this issue in the next legislative session. Kansas Attorney General to render opinion

5. Johnson County waste water assessment – Discussions with Johnson County Commission and staff pending

6. Johnson County property taxes – Discussions with pending Johnson County Commission pending

7. Missouri Forced Access – National Real Access Coalition has taken great interest in Missouri’s pending forced access bills

8. Missouri restriction on contract retainage (HB 1403)- Amended to allow 10% secured retainage

9. Missouri –“Perennial” High-Rise Sprinkler Retrofit- Introduced, but not on calendar

10. Mo. HB 2206 – Requires landlord to give long-term notice of impending rent increase

(See attached summary for details on items: 1, 3, 4, 5, 7, 8, and 10).

Bob Wise reported on HB 1621 and SB 1194, both of which would increase the cost of filing rent and possession lawsuits. He also reported that the Missouri Apartment Association has embarked on commissioning a study by the University of Missouri at Columbia, which would assess alternatives to the reliance on real estate taxes to fund public education and other infrastructure. He requested a contribution of $1,000 from the HAA to help fund the study. Doug Price responded to Mr. Wise that full Board consideration for approval would be necessary.

Ralph Lewis reported on growing concerns about mold litigation.

Ward Katz and Jerry Miller discussed the need to revisit frivolous Fair Housing claims. it was agreed that as it had been sometime since we had discussed this issue with both HUD and city officials, it was probably time to do so.

At this point the meeting guest attendees departed, and the regular remaining HAA members remained for a short business session.

Sam Alpert reported that while the annual election of Directors was at hand, it would be timely to update the by-laws to enable the existing Executive Committee (consisting of President, 1st Vice President, Vice President, Secretary, and Treasurer) to serve concurrent terms of two years without term limits to facilitate better leadership continuity. It was also noted that at least three additional Board members be invited to fill out existing vacancies. Mr. Alpert said he would prepare recommended amendments/modifications to the by-laws for presentation to the Board.

The next regularly scheduled meeting of the HAA Board of Directors is to be held on Thursday, May 30, 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 9:45 a.m.