Boulder Village Townhomes
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Association Fact Sheet

Property Data

- Legal Name: Boulder Village Townhomes Association

- Control To Homeowners February 2001

- Type of Association: Townhomes

- Property Location: Lakeville, MN

- Incorporated: 2-29-96 (Nonprofit) State: Minnesota

- Additional Interests: Association Management Company

- Contact Information:

Gassen
6438 City West Parkway
Eden Prairie, MN 55344
Phone: 952-922-5575
Fax: 952-922-2004

- Insurance:

-- RJF Agencies, Auto Owners Insurance

-- Herman Fasbender (Agent)

-- 6000 Nathan Lane North #400

-- Minneapolis, MN 55442

-- Phone: (763) 746-8000

-- Fax: (763) 746-8388

- Certificates: www.rjfagencies.com

- Policy Date: 10/25/05-10/25/06 Policy # 4208344001

- Coverage Amount: $33,402,600 for building and $33,800 for the gazebo/monument

- Deductible: $5,000

- Construction Period: 1996-Present

- Number of Units: 84

- Number of Buildings: 42

- Number of Phases: 3

- Percent Owner Occupied: 100%

- Percent Leased: 0%

- Building Styles: One level Townhomes with walkout basements

- Total # of Floor plan Styles:

- Number of Stories: 1

- Construction: Wood Frame

- Fire Walls: Yes, Between Units through Attic

- Building Exterior: Steel Siding/ Stucco

- Basement(s): yes

- Elevators: None

- Storage Buildings: None

- Exterior Signs: 1

Safety

- Features: Hard wired smoke detectors in each unit
Fire Department access lanes

Unit Profile

- Heating/Cooling System: Forced Air

- Plumbing: Per Building Code 1996-Present

- Electrical System: Per Building Code 1996-Present

- Decks: Decks can only be sealed with Deckscape oil based stain (cedar semi transparent) from Sherwin Williams.

- Roof:

-- New: 1996-Present

-- Type: Tar Shingle

-- Brand: Certainteed New Horizon

-- Style: Weather Wood

-- Pitch: 8/12 with 12" soffit

- Exterior: Stucco, Steel siding Satin Wood Colonial White

Operations

- Number of Board Members: 5

- Number of Employees: 0

- Board Meetings: Monthly 3rd Wednesday of the month.

- Web Site www.bouldervillage.com

- Developer: JC Holding. Inc. and Dahle Bros.

- Management Company: Cornerstone Management Group, Ltd.

- Management Handles:

-- Accounts Receivable

-- Accounts Payable

-- Replacement Fund

- Maximum Expenditure
Without Authorization: $500.00 (outside budgeted expenses)

- Segregated Accounts: Yes

- Countersignatures: No

- Monthly Assessments: $220.00

- Financial Review/Audit: Annually

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