Arnold P. Mordkin and Cindy Mordkin - Page 12

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          operations of Crestwood Association.  Petitioner also attended              
          owners' receptions that were held immediately after the January             
          1989 and January 1990 board meetings.                                       
               Petitioner arrived at Crestwood approximately one to two               
          days prior to each of the board meetings held in April 1989 and             
          1990 and two to three days prior to each of the board meetings              
          held in September 1989 and 1990.                                            
               Prior to each of the board meetings held in January, April,            
          and September of each of the years 1989 and 1990, while petition-           
          er was present at Crestwood, he spent time attending to matters             
          that related to Crestwood Association owners' operations and                
          lodge operations.  For example, he met with the Crestwood manage-           
          ment staff to discuss, inter alia, personnel issues, the status             
          of rentals, owner inquiries, and patron complaints.                         
               In preparation for an upcoming board meeting during each of            
          the years 1989 and 1990, petitioner met with Mr. Dempsey and Ms.            
          Gahm to discuss the agenda for the board meeting, met with the              
          Crestwood management employees to obtain their perspectives on              
          issues that were to be raised at the upcoming board meeting, and            
          worked with those employees to prepare information packets of-              
          fered to board members and owners.                                          
               In addition to spending time on matters relating to Crest-             
          wood Association owners' operations and lodge operations, prior             
          to each of the board meetings in 1989 and 1990, petitioner spent            
          an undisclosed amount of time inspecting his two condominium                
          units.                                                                      



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