July 20, 2001

The time has come and all of us here at Stoneridge Golf Course and C.D.S. Investments hope that everyone involved will be able to attend.

On Saturday, August 11th at the Golf Course Clubhouse from 9 am to 11:30 am, will be the 1st official meeting for the Master Association and Neighborhood Association.  We will be reviewing the structure and covenants, conditions, and restrictions of the Master and Neighborhood Associations.

Russ Minnick, Chief Operating officer of C.D.S., will be directing this meeting and will be available for any questions, comments, or concerns.

If you have any questions, please contact me at the Sale Office, 437-3148.  Thank you for your time and we look forward to seeing you!

Respectfully,

[signed]

Mary Kent, Administrative Assistant
Stoneridge Golf Course