August 2009 Regular Board Meeting

Conducting the regular business of the SWC Association. Tuesday August 25th, 2009. To be held at 6:30pm at LWSD meeting room. Property owners are encouraged call Rich Redelfs, RCA Management at (206) 542-3300, the day of any meeting to confirm that there have been no changes to day/time. Meeting locations, times and dates do occasionally change.

Restoration Plan Update 8/12/09

As previously indicated in the community wide mailing, the SWC loan by Foundation Bank was approved. At this time owners are sending in their special assessment payments, either in full, in part or just their first month's payment under the option provided. As previously described in informational meetings, once the expected funds have been received to bridge the difference between the loan and project cost, the Board will proceed with signing the construction contract (currently under attorney review/revision). SWC has received the required permit approval by the City of Redmond and will pay for the permits once the above has been completed. Once all of the above pieces are in place we'll have a clearer idea of the specific timing of construction commencement. Suffice it to say, everyone is anxious to begin, but we are not going to move ahead until all elements are in place. As previously indicated, a mailing will be sent in advance of any construction with advisory and general information.

Renderings of the buildings which will depict the colors scheme ideas intended for community wide input, are currently being prepared and will be mailed or otherwise presented to the community once they are done (2 weeks +/-).