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conversations with Mr. Dempsey regarding items that appeared on
those statements. He also discussed matters relating to any
upcoming board meeting with the Crestwood management staff prior
to arriving at Crestwood. In addition, petitioner had telephonic
conversations with the Crestwood management staff regarding
matters relating to the operations of Crestwood Association, the
installation of the fire protection system at Crestwood, the
proposal by the town of Snowmass Village to terminate its owner-
ship of Crestwood roads and parking lots, and employee housing.
Petitioner also contacted the respective chairpersons of the
various committees of the board (e.g., insurance, rental rates
and usage, budget, nominations, and management compensation
committees) to gain insight as to their activities.
Petitioner spent at least 6.7 hours during 1989 and 9.8
hours during 1990 on telephone calls between southern California
and Colorado.
During each of the years at issue, petitioner spent a total
of at least 75 hours, but no more than 135 hours, in attending to
matters relating to the Crestwood Association owners' operations
and lodge operations and in attending to matters relating ex-
clusively to his two condominium units at Crestwood.
Petitioner's Involvement in the Operations
of Crestwood Association During the Years
1985 through 1988
During the years 1985 through 1988, petitioner was a member
of the board and served on various committees of that board. The
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