Letter from the Board President

create a document that looks at the essence of what we want Wexford to be in both the near and longer term future. We agreed on some basic parameters and objectives, and determined that we want to identify not just physical improvements or standards, but also try to reach agreement on exactly what we all think represent Wexford’s core values and beliefs.

Stephen Carter President

I am writing this at the beginning of March and I can say that February was an active and productive month. We are currently enjoying unseasonably pleasant weather while most of the rest of the country is still experiencing a severe winter storm. That warmth has made an incredible difference to our golf course which, while still recovering, is at least to my amateur eyes starting to regain its former verdancy.

I cannot pass up the opportunity to compliment Gary Crandall, Harry Mellon, Dan Ogden and Patrick McGuire, supported by the members of our Amenity and Planning Committee, who are diligently meeting with our community through 19 listening sessions. I have sat in on some and been reading the notes from the others and I am encouraged that there is consensus on many aspects, as well as producing some unique and interesting ideas. I am certain that once we have all of the feedback analyzed, it will allow us to be extremely productive in furthering the planning process for our amenities and our longerterm vision.

One unexpected benefit of organizing meetings by street has been the reconnection and, in some cases, a first meeting among neighbors. With the influx of new owners during the last two or three years, there have been more introductions than we expected.

That leads me to mention that Patrick McGuire and I met with Board Directors, John Presley and Michael Fajgenbaum to start the process of furthering our Strategic Vision. We believe that rather than call it a “Strategic Plan” that is focused on specific longer term actions, and often becomes outdated, that we should

John and Michael have committed to presenting a brief one-page outline to their fellow board members in the latter part of April to confirm that we are all aligned before fleshing out further detail. We asked them to lead this initiative in part because they are both new to the Board, and will have an additional two more years to help provide some continuity in this ongoing process. Once we have a full draft, we intend to share it with you to determine if there is a broad agreement about where we are headed strategically. So stand by for much more to come on that later in the third quarter.

I also want to address the results of the Owner Survey which were shared with you last month. As we said in the cover letter, there were few, if any, surprises given the point in time that the survey was held; but truly these results produced meaningful data that will act as a statistically sound baseline that we will use to measure ourselves against in the months and years to come. We intend that this survey will be conducted annually, and the Board and Management are committed to improving those areas that disappointed.

In closing, I am optimistic about the future. As we have seen from the listening sessions and the survey, the vast majority of our owners, including me, are very happy that they are living at Wexford. That said, we all know that we can make it even better and fully intend to do so.

Sincerely,