MINUTES OF THE BOARD OF DIRECTORS MEETING OF OREGON WASHINGTON COMMUNITY ASSOCIATION MANAGERS HELD TUESDAY, DECEMBER 9, 2003 AT 10:00 A.M. IN THE MEETING ROOM AT RIVERPLACE.

PRESENT:                                                    Cheryl Brendle, President

Ron Balash, Vice-Chairman

George Carter, Treasurer

Diane Wood, Secretary

ABSENT:                                                                    Marshall Fant, Past President

BY INVITATION:                                                     Rich Thompson, Regenesis

I.                  CALL TO ORDER

The meeting was called to order at 10:20 a.m. by President Brendle.

II.               CODE OF ETHICS AND STANDARDS OF PRACTICE

George Carter, Chairman of the Code of Ethics and Standards of Practice Committee submitted the Code of Ethics and Standards of Practice document for review and approval.

AGREED

Diane Wood made a motion, Cheryl Brendle seconded it and it unanimously carried to approve the document as presented with the noted changes to be incorporated.

III.           BOARD WORK SESSION

AGREED

It was agreed to schedule a Board Work Session on January 9, 2004 at 12:00 noon. The Board and Thompson will meet at the Pho Van Restaurant and later convene at the Streetcar Lofts. Diane Wood to provide notice to all Board Members.

IV.             ADJOURNMENT

There being no further business, the meeting was adjourned at 10:25 a.m.

Submitted By:  Diane Wood, Secretary