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August, 2008

C&S uses lockbox services through Colonial Bank and Superior Bank. Our computer system is interactive with the banks' computer system to keep our records updated daily with payments made to the associaion by its members. Unit and lot owners now have the ability to replace a missing payment coupon directly from C&S without the wait of ordering a replacement coupon from the bank. We call this "Coupon On Demand" and it is a new service we can provide for both Colonial Bank or Superior Bank community associations. We are working with the banks to eventually offer this service through our website so you will not need to email or phone C&S.

January, 2008

C&S has contracted with Pitney Bowes and GPE Software for development of what C&S believes will be the most effective and fastest digital processing of collection on delinquent accounts. The new equipment and software will begin arriving in January and hopefully be operational by February. Delinquent account collections will now be handled and tracked much like the way you can digitally process and track a FedEx or UPS package. In this day of high foreclosure and delinquency rates, C&S believes a faster more aggressive program is needed to assist their association clients.

Senator Lee Constantine, Chairman of the Florida Senate Ethics and Elections Committee, announced December 12, 2007, that the Committee has recommended confirmation of Chris Brown to another term as a Member of the Regulatory Council of Community Association Managers. The appointment, which has been requested by Governor Christ, will be submitted to the full Senate during the 2008 Legislative Session for final consideration. Chris Brown, the President of C&S, presently is the Chair of the Regulatory Council. Over the past year the council has developed an extensive bill which will also be introduced during the next Legislative Session. A main purpose of the bill is to create better safeguards and protection for community associations.