WALDEN WOODS HOMEOWNERS ASSOCIATION

P.O. BOX 2746

GRANITE BAY, CA 95746-2746

May 18, 2005 SPECIAL NOTICE

Dear Neighbor:

Walden Woods is a unique neighborhood wonderfully blending community with attractive homes in an open, woodland atmosphere. While there are many communities in the area, most don’t have the character, that special something, that has attracted people to WW.

There are many things that go into maintaining that unique character and the atmosphere of the neighborhood that drew us all here. Part of the work to maintain the character that we all appreciate began many years ago at our initial development when CC&Rs were established and an architectural committee of neighbors was chartered to maintain the architectural integrity of our neighborhood. The committee has always been neighbors participating with the collective intent to protect and preserve this environment in which we are invested.

From time to time the policies used for architectural review need to be updated or reevaluated in response to products and services, or architectural features, which may not have previously been considered, or been available, or of general use by the public. It is clear that our current policies do not adequately address the patio/shade covers and boat/vehicle/watercraft/RV shelters that are available on the market. At this time it is appropriate to evaluate the use of these products that are of interest to our homeowners, and to thoughtfully formulate a policy to address them in the context of the CC&Rs.

Therefore, the association board of directors voted on May 17, 2005 to place a moratorium, effective Thursday, May 19, 2005 on placing any new patio/shade covers and boat/vehicle/watercraft/RV shelters on any property in Walden Woods.

The moratorium is in place to allow the architectural committee to collect input and comment from members of the association and formulate a policy that addresses these architectural features. They have been asked to begin their work immediately so that a policy will be available soon. Please send any comments or input you wish to share about the policy in writing to architect@waldenwoods.org or to Walden Woods HOA, P.O Box 2746, Granite Bay, CA 95746.

If you have any planned external improvement to your property, please contact the Architectural committee during the planning stages so that your project schedule can be maintained, and so that you do not incur any unnecessary expense. The architectural review committee will be able to work with you about design issues relating to review criteria and to clear up any confusion there may be as to whether your project is subject to review under the CC&Rs.

Sincerely,

Stephanie Kenney

President

Walden Woods Board of Directors