OA Board Meeting Summary

The following is a summary of the OA Board Meeting held on June 16, 2009:

Board of Directors: Ralph Matson, Barbara Blackmer, and Gena Jones (via
telephone) participated. Ralph Matson announced that Mark Holliday and Robert Brough would no longer be on the Board. Zions Bank has not yet appointed their replacements. Community Manager Tod Bean answered
homeowner questions on several topics. After tabling the election of
OA Officers at the last two quarterly Board meetings, Zions' OA Board members proposed the election of Gena Jones as President of the Owners Association, with Ralph Matson as Vice-President and Treasurer. The motion carried, with Barbara Blackmer abstaining. A Secretary has not yet been elected.

Board members voted unanimously to ratify the Comcast Bulk Service Agreement. Barbara Blackmer noted that one homeowner opposed the assignment of the contract to the OA in the federal Bankruptcy Court, which cost the OA an additional $2-3 thousand in legal fees. The Board voted unanimously to renew the landscape contract with Kimball Property Maintenance. While the Board approved the charter for the OA's advisory Landscaping Committee (which will be comprised of residents), Ralph Matson tabled the proposed appointment of a resident as Chair of the Committee. Manager Tod Bean proposed a draft Self-Help Enforcement Policy to address circumstances such as unapproved structures blocking drainage swales (which property owners have refused to remove) and similarly serious violations. Ralph Matson tabled the proposal for further review. The next meeting of the Board of Directors is September 15, 2009 at 3 p.m. at the Information Center.

Zions Bank Filed Lawsuit Against Draper

According to what I have been told, Zions Bank filed this lawsuit on June 11. It's only hitting the media now, but it seems that Zions has no intention of either hiding or publicizing their intentions, giving us not much information to go on. At the most recent SunCrest Owners Association meeting of the Board of Trustees, Ralph Matson informed us that two trustees associated with Zions Bank would no longer hold the position of trustee. That leaves just two individuals from Zions Bank on the Board of Trustees, Ralph Matson and Gena Jones. Ralph's email address is Ralph.Matson@zionsbank.com and Gena's email is Gena.Jones@zionsbank.com if you have any questions regarding the SunCrest development that I cannot answer, or if you have any questions you would like addressed directly by a representative from Zions Bank. Zions Bank has not kept the OA nor SunCrest homeowners, informed about these recent developments, including the lawsuit.

If you read the comments attached to this article, you will find the usual assortment of SunCrest-bashing, poorly informed and filled with hate. While I find these false allegations very offensive, I try to remember that we live in a beautiful, unique place. Almost everyone who lives here behaves in a friendly, neighborly way. Almost everyone tries hard to follow the rules and guidelines, to be considerate of each other, and to behave with maturity and honor. There may be some rough days ahead, filled with nasty insinuations that will be eagerly repeated by a few reporters desperate to fuel conflict. It's only my opinion, I know, but I'd love to see us all behave with dignity and decency in keeping with our lofty surrounds. We already have the mountains -- let's not hack things down to molehills, please.
You are always welcome to email me directly, of course, at barbarablackmer@comcast.net
-- Barbara

Zion's Bank sues Draper over SunCrest

By Christopher Smart

The Salt Lake Tribune

Updated: 06/25/2009 11:15:23 AM MDT

Zion's First National Bank has filed a $25 million suit against Draper in 3rd District Court, alleging the city mismanaged the 4,000-acre SunCrest development that is now in bankruptcy.

"Draper appeared to be poorly managed, overwhelmed by the size and scope of the development and repeatedly failed to comply with its obligations to SunCrest ... " the suit states.

The city's "interference and wrongful acts" eventually led SunCrest to bankruptcy, the suit claims.

"SunCrest defaulted on loans and ultimately represented to Zions Bank that it had no intention of curing its defaults."

Further, the action states that Draper "repeatedly sabotaged negotiations with potential developers" to take over the development.

Draper officials could not immediately be reached Thursday morning for comment.

The suit states that Draper's failure to perform its obligations as required by the SunCrest agreements have damaged Zion's Bank in an amount no less than $25 million.

csmart@sltrib.com

Landscape Committee

Sun Crest OA is looking for Residents that would be interested in joining our Landscape Committee. The Landscape Committee will focus mainly on landscape improvement projects and community clean-up throughout the community.

At this time, we have 5 Committee Members for our Landscape Committee, but I am hoping to at least double that number before our first project. (Kids are welcome as long as they are accompanied by a parent or legal guardian)

If you have 2-4 hours you could dedicate each month (during the summer
months) to making this community look it's best, please send me your information.

Thank you all so much!!

Mary Chamberlain
Operations Manager
Capital Consultants Management Corporation Suncrest Owners Association
2021 E. Village Green Cir.
Draper, UT 84020
P) 801-572-1233
F) 801-572-9349