Questions/Concerns- Submitted by Wink Kristeller, 6630A Orlando Drive, Box 7342, Indian Lake Estates, Fl

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1 FIRST DRAFT.. Questions/Concerns- Submitted by Wink Kristeller, 6630A Orlando Drive, Box 7342, Indian Lake Estates, Fl Does this mean everybody, with no discounts allowed, will pay $300 for every lot? 2. Will there be an avenue for people to make payments on a monthly or quarterly basis? 3. If payments are allowed, when can the residents be considered eligible to vote? 4. Do you have a budget based on the new fees? 5. What are your plans for using the new fees? 6. By agreeing to this document will the total covenants be inforced, i.e.: #11, #16, #12.? 7. Since most of these covenants are exactly the same as the current ones, is this basically an avenue to raise the maintenance fee? 8. #14 says general maintenance. Should that say license fee or will is it an additional fee? Questions/concerns - Submitted by Edie & Fred Dearfield, 2391 Park Avenue, Box 7142, Indian Lake Estates, Fl What accountability is there for the monies expected from the reformation? 2. When will the residents/owners of ILE properties receive a written breakdown of how the money will be spent? We fully realize that dollar amounts may not be included in a breakdown at this time, however, we feel sure the board knows what percentage of the money will be allocated to roads, marina, parkways, pier, golf, etc. 3. IF NO MONEY IS ALLOCATED FOR GOLF, we must find a way to fight this. 4. The proposal states that no Buses, Semi s, etc. can be parked on any property. Can we assume that all RVs owned and parked on owners property are okay as long as they remain unoccupied? In other words are we okay with our motorhomes?

2 Questions/concerns - Submitted by Tom and Glenda Gilchrist, 6757 Banyan Dr., Box 7836, Indian Lake Estates, Fl What will be the amount of the license fee? 2. Is there a written plan or budget set up for spending these fees? 3. How will spending of these license fee funds be regulated, and by whom? 4. Exhibit #14 maintenance fee is due Jan. 15. Is this license fee above and beyond the general maintenance fee? 5. How much power does this document give the board of directors? 6. Why don t we become an HOA 720? 7. Does the Board intend to hire a competent manager to oversee the spending of these funds? 8. Who drafted the residential and commercial restrictions for this document? 9. Will the spending limit for the Board of Directors still be set at $20,000, and any amount over that will have to be voted on by the members? 10. What happens to our existing covenants and by-laws?

3 Questions/ Concerns submitted by Bonnie Fears,6531 Red Grange Blvd.,Box 7789 Indian Lake Estates, ) I fully understand the importance of ILE increasing maintenance fees, however, I truly believe it must be coodinated in writing with Bartow s Special Investments, to ensure ILE does not lose the current tax exemptions we receive. It is to everyone s advantage that ILE survive and grow with new residents and taxpayers. 2) Has proposed budget been prepared or circulated to allow the residents to be properly informed of proposed categories and budgeted items? 3) Are there percentile limits for each projected budget category? (Cost ovwer-runs, etc)? 4) What Florida Statute authorizes the implementation to impose fees? FS712 or FS617 or both? What are the Board of Directors limitations? 5) Are all the administrative documents written that will promulgate how the proposed License fees will be implemented, regulated and enforced? --who will be issuing documents informing residents/lot owners of lot violations? --how large a work force is planned to clear lots? --who will clear lots: ILE workers or contract workers? --what safe guards are in place for fair market contract bid process, vice good ole boy cronyism? --what coordination with Wild Life and Endangered Habitat representatives has been arranged? --has the Sheriff s Department signed off on authority to enter property (lot) procedures? --who will establish lot clearance list? --will list be fairly implemented per zones or selectively enforced on high traffic areas like Park and Red Grange Blvd.? 6) Is there a proposed list of what is or is not acceptable as a noxious or offensive trade or entertainment on ILE property? 7) Do you have a proposed list of reasonable fines that could be assessed against lot owners? 8) Why is there a time to time clause instead of a predetermined time frame to establish fines? Could be perceived as discriminatory increases if not predetermined. 9) How much money has been set aside for certified mail receipts for violation notifications? 10) Do you really believe 5 days is sufficient to properly notify an out of state lot owner of a violation to be corrected? 11) How many times per year could the same lot be in violation and fined? Surely not until all zones have been completed throughout ILE? 12) How much is budgeted for law suits? 13) Is it truly this Board s intent to clear lots? 14) Why are NO restrictions enforced on ATV s and hunting on ILE property? 15) Why are we trying to reinstate old covenants that are unenforceable?

4 16) How much money for lawyers and mailings, court costs, special masters, etc., has ILE paid on Old Covenants? 17) Is the bottom line, if we do not keep the root covenants we cannot change covenants or collect our existing maintenance fee? 18) What are the Board of Directors limitations? You imply their power, what are their limits? 19) What does happen if ILE goes bankrupt again? Questions/Concerns presented by Barb and Vince Mee, 3041 Plumosa Dr.,Box 7774, Indian Lake Estates, Fl ). We would support the raising of license maintenance fees to $300 a year on following conditions: Before a vote is taken, the members would be provided a budget and 3 or 5 year plan that would include provision that any amount collected from raised fees over the normal $500,000 a year budget, would go solely to repair roads and drainage in ILE. And that a knowledgeable road contractor be brought in to access how roads and ditches could be improved over next 3 to 5 years. Our support would also be based on agreement that EVERY individual shall be required to pay the full amount assessed and no waivers for homestead or other exemption be given. Installment payments should be allowed. 2) We do not believe the four items listed in your acceptance of restrictions are legal or enforceable. If one didn t pay his utility bill he would incur additional fines; also, you cannot restrict or limit egress or ingress to one s property. Please answer why you think you can? 3) We do not believe that ILE s vision should be so narrow as to limit development to single family dwellings. Inclusion of condos and villas certainly hasn t adversely affected development of communities such as Lake Wales Country Club and should be encouraged at ILE. If this isn t acceptable to board, why isn t it? 4) In line with #3 here - we believe thought should to be given to possible development of an assistant living facility such as Water s Edge in Lake Wales. It goes against all logic that our senior citizens here might be forced to move back North to be closer to care from their families. Please address why this can t be considered. 5) Your No. 15 in residential restrictions is also most probably illegal and unenforceable. This community has a large snowbird population who could not respond within this time frame - and this provision could enable neighbor to turn against neighbor, - OR GOD FORBID - could allow the Board to manufacture violations against anyone they might see as opponents to their cause. Please answer how you think this provision is legal and enforceable. 6) Number 3 in Exhibit C, New Residential Restrictions, reads no building shall be constructed on any lot within fifty (50 )feet of the front or back lot line... Is this in error as in the past it s been much less footage than 50?

5 Question/concerns submitted by Steve Tripodi, 6851 Red Grange Blvd., Box 7736, Indian Lake Estates Fl Are all property owners in ILE being notified of this License Agreement? If not do they have recourse? 2. If the License Agreement is accepted, the $ fee will be imposed. (per lot). Are we sure the collecting of said fee or $ can be collected? 3. From time to time, can the new restriction (both residential and commercial) be revised and by who? (Observation: It appears that less than 10% of owners can control the outcome.) Questions/concerns submitted by Judy and Earl VanStavern, 3100 Plumosa Ave., Box 7052, Indian Lake Estates, Fl Will the Board present a budget and long term plan for the use of the additional funds collected by the increase in fees? 2. Will the budget include funds allocated to the maintenance of the golf course, which, next to the lake, is the most valuable asset to the community? 3. Can Number 15 and Number 16 of the proposed new restrictions be changed to 10 days written notice to the owner by certified mail, return receipt requested? Due to slow mail service, lot owners who may be out of town, and the forwarding of mail from ILE to northern addresses, 5 days notice by regular mail is not sufficient, nor does it give the lot owner time to resolve the issue

6 Questions/concerns submitted by Jeanne Rasnic, 6841 Avocado Dr., Bo 7115 (and Station Creek Properties, Inc. Box 7456, ILE, Fl Where is the money for these attorneys coming from and what are they costing? 2. These new documents give the Board an amazing amount of arbitrary decision making so why aren t we just becoming a Homeowners Assn. under Statute 720? 3. Can someone explain what is so bad about becoming a 720? 4. Why is the Utility included in these changes? Isn t that setting us up for possible contradiction? 5. Regarding outbuildings, etc. what are sheds considered? 6. Since pot belly pigs are considered pets is it correct only farm type pigs are prohibited? 7. Is the 5 day allowance a mistake? Even the County gives 30 days to correct infractions. I wouldn t think you would want to enter someone s property in such a short period of time because then you might be victim to Florida s stand your ground laws. 8. Are you suggesting that ALL lots be cleared instead of allowed to be natural or are you referring to excess trash and debris only? 9. Would you clarify Item # 13 Residential into more user friendly terms? 10. Shouldn t fine amounts be established and in writing and not arbitrarily decided by the Board? 11. What constitutes offensive entertainment, etc.? Shouldn t that be an established list and not an arbitrary decision by the Board? 12. Item #4 Commercial seems to be very broad. Shouldn t this have pre-established guidelines instead of being arbitrarily decided by the Board? 13. Why does landscaping approval apply only to Commercial and what business is it of the Board as to what is planted if is not encroaching or causing a problem? 14. Item #15 Commercial is absolutely none of the Board s business. The business owner should have full decision on who to rent to as long as the other Covenant items are met. 15. Could you please explain the end of the sentence in Item 13 Commercial?