January 14, 2016 Board of Directors’ Meeting
President Dr. Joseph Spirito called the meeting to order at 9am PST. Board members in attendance were Dr. Joseph Spirito, David Brown, Mary Dieckmann, Linda Ruane and Robert Shipley. Management and Owners were also present.

• The Board approved the minutes from the October 8, 2015 Board of Directors’ Meeting.
• The Board received an overview relating to resort operations including Front Desk, Housekeeping, Maintenance, Activities, Landscaping, Safety, Guest Satisfaction Scores, Inventory and Default Analysis, Reserves, Fiscal performance and Delinquency.
• The Board ratified the reserve expenditures in the amount of $1,431,434 approved via email dated November 23, 2015 which included Fire Alarm Panel Replacement, Upholstered Goods Replacement, Fan Coil Replacements, Exhaust Fan Replacements, Unit Mattresses, Lobby Remodel, Appliances, Fitness Center Remodel and Activity Center Remodel.
• The Board moved to Executive Session at 9:53am to discuss a Personnel Claim.

April 2, 2016 Board of Directors’ Meeting
President Dr. Joseph Spirito called the meeting to order at 12:33pm PDT. Board members in attendance were Dr. Joseph Spirito, David Brown, Linda Ruane and Robert Shipley. Management was also present.

• The Board approved the minutes of the January 14, 2016 Board of Directors’ Meeting.
• The Board approved the transfer of $22,450 in the reserves from Job 82, Upholstered Goods Replacement to Job 83, Unit Mattresses.

April 2, 2016 Annual Owners’ Meeting
President Dr. Joseph Spirito called the meeting to order at 2:02pm PDT.

• The minutes of the April 4, 2015 Annual Owners’ Meeting were approved.
• Holly Ansley, General Manager, introduced the resort’s management team. She discussed Resort Operations, including Guest Services, Facilities, Housekeeping and Activities departments, Guest Satisfaction Scores, RCI Gold Crown status, 2015 fiscal performance and resort upgrades and improvements. She introduced the resort’s 2015 BE EPIC Champion of the Year, Robin Wilson. Owner benefits through Grand Pacific Vacation Services, Grand Pacific Exchange (GPX) and ResorTime and the Grand Opportunity program available to Owners year round were explained.
• Linda Ruane, David Brown and Robert Shipley were elected to the Board of Directors for a two-year term.
• The following was discussed during Open Forum: the Resort Service Fee, the excellent staff and customer service, the Owner Rental Program, Bonus Time and the feasibility of using the vacant land in the Flower Fields.
• The winner of the email contest was Robert Vance.
• The meeting adjourned at 3:15pm.

Meeting Dates

• Thursday, July 7, 2016
  9am PDT – Grand Pacific Palisades 3rd Floor Hotel, Palisades Room
  
  
• Thursday, October 6, 2016
  9am PDT – Grand Pacific Palisades 3rd Floor Hotel, Palisades Room
  
  
• Thursday, January 12, 2017
  9am PST – Grand Pacific Palisades 3rd Floor Hotel, Palisades Room

Note: If you wish to have a copy of the Minutes for your records, please send your request along with a ($.63) stamped self-addressed envelope to Grand Pacific Resort Services, L.P., 5900 Pasteur Court, Suite 200, Carlsbad, CA 92008, Attn: Rosalie McDonnough. Owners are welcome to attend any regular Board meeting. Board meeting agendas are posted at the resort four days prior to the meeting. If you would like a copy of the final agenda for any Board meeting mailed to you, please contact your Resort Manager prior to the meeting. Since meeting times and location are subject to change, please contact your Resort Manager in advance to reconfirm the exact time and location.