Message from the Executive Director - Tim Flaherty

With a change of seasons comes a change in the direction of Tamarack Resort. On October 17th The Fourth District Court, in what is known as a receivership proceeding, ordered the management company of Douglas Wilson to step in and take over operations to start preparations for winter and to take over possession of Tamarack Resort LLC properties. It is their primary goal to protect the assets of the resort. Douglas Wilson will start by winterizing Village Plaza and preparing the golf course for winter. Since taking over the operations, Douglas Wilson, working together with Tamarack Resort LLC, has put 30 laid off employees of Tamarack Resort LLC back to work. No TMA employees have been affected by recent events. A job fair was held in October to line employees up for winter employment. Mountain Operations is planning for a December 12th opening with snow making planned to start up as soon as Mother Nature supplies the necessary lower temperatures.

On October 29th the court issued a decision granting the Receiver's Motion for Authorization to issue a Receiver's Certificate, in essence a loan for 10 million dollars. This loan, backed by Credit Suisse, will keep the resort operating into the winter. The budget will be reviewed every 90 days by the court. On October 9th TMA attorney Steve Lord filed TMA's claim to the court that puts the TMA in a position to collect assessments on the property of Tamarack Resort LLC for the next quarters. When the budget was released it showed a line item of $300,000 dollars that is proposed to cover TMA assessments on Tamarack Resort LLC properties moving forward. The TMA is represented by its own counsel in the court proceedings.

September and October have been busy months completing repairs in all neighborhoods and also meeting with snow removal contractors that are interested in offering services across the resort. Ben Roberts our TMA Project Manager has been doing a fantastic job developing the individual "scopes of work" for all neighborhoods. Once the contractors have a good understanding of what our requirements are he will then work to develop contracts that will be reviewed for final approval.

November and December are sure to be exciting months so plan your vacations soon as resort lodging is filling up fast.

Regards,
Tim Flaherty
Executive Director / TMA

TMA Update

Tamarack Maintenance can provide many of these services through their "A la Carte Program". For more information regarding these services please contact Matt Moss at 208.315.3223

We would like to keep you updated and informed on the upcoming Snow Removal Program for the Golden Bar and Clearwater Townhomes. We are currently evaluating bids and proposals from various contractors who are interested in providing snow removal for the townhome roofs.

The contract term for these services will be from November 15th 2008 until April 15th 2009. Contractors will be called on an as needed basis under the discretion and direction of the TMA staff. It is estimated that the TMA will require snow and ice removal from each unit 12 to 14 times throughout the five month period. Contractors will be required to use rope and harness systems and to comply with all OSHA guidelines. When removing snow from pedestrian areas, contractors will be required to provide ground spotters at all times. Contractors will be directed to leave an ice layer of 4 inches to avoid any damage to shingles and cleats. Each unit will require its own removal services depending on the individual floor plan and the identified problem areas. In order to have seamless communication between the TMA and the contractor, the contractor will be required to attend weekly walkthroughs with the TMA project manager, in order to recognize and identify any new or existing problems.

We feel that this snow removal plan will be very effective in attaining the goal to minimize ice damming and to lessen the damages that could occur to the townhomes without this snow removal program. This roof snow removal program will be discussed in detail and we will address your concerns at our next Town Hall meeting November 14th. If you have any questions before that time please contact Tim Flaherty at tflaherty@tmaidaho.com

Employee Profile - Mike Jimenez
We would like to recognize Mike Jimenez and his team in this month's newsletter. Mike and the security team have done a tremendous job this year in improving the overall security at the resort.

The security team has focused on two key areas that have taken service and safety to the next level. One area that has been identified is the key card system "Timelox". The Timelox card entry system is now due for maintenance. Mike and his team are in the process of changing the system ID's on all of the doors at the resort which will give us even tighter security and allow us to monitor the system more efficiently. This will mean more security for homeowners who have the Timelox hardware on their homes. The other program that we have implemented is systematic routine walking patrols for all homes. Previously there was not an established routine for the security staff. Mike has established a night and day activity log that requires the security staff to patrol the resort neighborhoods several times during the night and day. Mike reviews the security log sheets on a daily basis to ensure that they are providing professional and consistent patrols throughout the day and night. Security patrols are not only completed by vehicle but also by foot and ATV in order to provide tighter security coverage. The foot patrols are important so that the staff is visible to homeowners, guests and employees.

Due to the hard work and diligent effort the security team has improved the overall safety and service at the resort. Please join us in recognizing this team for their hard work.

Homeowner Directory
We are also in the process of considering the development of a homeowner's directory. If you would like to be included in the directory please call or e-mail Christy Jacobson @ 208-325-1488 or cjacobson@tmaidaho.com We are asking that you submit your address, phone number and email. This is a voluntary submission and is not required.

If we do not hear from you by November 14th, 2008, we will not be able to include you in the directory.

Please note below the excerpt from Idaho Law - "Limitation on use of membership list" - under Idaho law, this Directory will not and may not be used as a solicitation tool.
Idaho code section 30-3-133. LIMITATIONS ON USE OF MEMBERSHIP LIST. Without consent of the board, a membership list or any part thereof may not be obtained or used by any person for any purpose unrelated to a member's interest as a member.Without limiting the generality of the foregoing, without the consent of the board a membership list or any part thereof may not be: (1) Used to solicit money or property unless such money or property will be used solely to solicit the votes of the members in an election to be held by the corporation; (2) Used for any commercial purpose; or (3) Sold to or purchased by any person.