RESOLUTION

Re: Use of Recreational Vehicles by Minors

WHEREAS the safety of lot owners, their family and guests is a legitimate and paramount concern to Holiday Lake Maintenance Co. and

WHEREAS the Board of Directors of Holiday Lake Maintenance Co. has observed minors of tender years operating recreational vehicles with electric or motorized power on the Lake or on the commons of land at Holiday Lake under circumstances which the Board deems to be unsafe now therefore

BE IT RESOLVED by the Board of Directors of Holiday Lake Maintenance Co. that the following policy regarding the operation of any recreational vehicle on the surface of the Lake or on land which forms part of the commons of Holiday Lake be governed by the following policy:

No minor under the age of 14 years shall be permitted, under any circumstances, to operate a recreational vehicle using electrical or motorized power on the surface of Holiday Lake or upon land forming part of the commons of Holiday Lake, unless accompanied by an adult.

The term "recreational vehicle" as used in this resolution includes, but is not limited to, non-street legal, all terrain vehicles, golf carts, motorcycles, motorized bicycles, mopeds, dune buggies, go-carts, snowmobiles, any motorized or electrically driven boat or jet ski.

In the event that manufacturers of recreational vehicles suggest or require a minimum age above 14 years the suggested or required minimum established by the manufacturer shall govern under this resolution.

In the event that the laws of the United States, the State of Iowa or any regulatory standard adopted pursuant to such law establishes a minimum age for the operation of any particular recreational vehicle or any particularrte kind of recreational vehicle which minimum is greater than 14 years of age the major operation established by Law or regulation such higher minimum age shall govern under this resolution.

This policy applies to the immediate families of lot owners or to any guests of lot owners visiting the Lake.

Violation of this policy shall subject the lot owner whose minor family member or minor guest is the violator to corporate assessment and/or loss of privileges with respect to use of recreational vehicles normally extended to lot owners.

Adopted at monthly board meeting held on December 13, 2007