A LOOK BACK AT 2015

V E R R A D O® C O M M U N I T Y L I F E

WHEN WAS THE LAST TIME YOU FELT GENUINE SMALL TOWN CHARM?In 2015, it happened every day in Verrado.

CREATING TRADITIONS 03

PRESERVING COMMUNITY CHARACTER 07

PARTNERSHIPS AND COMMUNITY 11

VCA & VA BOARDS OF DIRECTORS & STAFF 20

22VERRADO COMMUNITY ASSOCIATION, INC. FINANCIAL SUMMARY 2015

21VERRADO ASSEMBLY FINANCIAL SUMMARY 2015

VERRADO ASSEMBLY AND VERRADO COMMUNITY ASSOCIATION, INC. On behalf of the Boards of Directors of Verrado Assembly (VA) and Verrado Community Association, Inc., (VCA) it is our pleasure to highlight some of our 2015 accomplishments:

How do you define the spirit of Verrado? Perhaps it’s the feeling of kindness among your neighbors, or the connectivity within your community.

Perhaps the spirit is most evident during Verrado’s signature events series. Springtime kicks off Founder’s Day and the not-to-be missed Block Party on Main Street. The 2015 celebration rocked with the talents of Sugar Ray for residents and guests to enjoy. The exciting event series continued with our Spirit of Independence Celebration™. Its nostalgic Children’s Bike Parade filled our streets with sounds of laughter and ringing bicycle bells. Adding to this 4th of July celebration was our retro-themed Splashback Pool Party. The Fete & Fireworks display paid tribute to our great country with a jaw dropping fireworks show over Verrado. The event series concluded with Hometown Holidays. Its Annual Tree Lighting Celebration thrilled residents along with St. Nick’s heartwarming visits with children.

The spirit of our community extends past events and into our extensive offering of amenities. The 2015 grand opening of our resort-style Heritage Swim Park energized the Heritage District with its large recreation pool, smaller pool, and splash pad. The Heritage Swim Park Ramada and The Giving Tree Pavilion with Grand Lawn offers yet another option to gather with family and friends alike.

Some find Verrado’s spirit in its every day conveniences close to home. In 2015, we proudly introduced a new mixed-use district called Marketside to serve as home to The Corner Store (CST) and Culver’s. Whether it’s a quick car wash or famous ButterBurger, you don’t have to travel far.

Or, perhaps you find community spirit in our quieter, more serene areas such as 72 uniquely designed parks or Verrado’s Linear Path.

No matter where you find it, we share your sense of community pride and unity. We hope you enjoy this recap on 2015 and know it continues to be a privilege to serve you, our residents, as we work upward and onward into Verrado’s future.

Sincerely,

Melinda Gulick Chair of the Boards

Todd Hornback Executive Director

Founder’s Day

CREATING TRADITIONS

Cocktail Party300 Attendees

Block Party on Main StreetOver 3,000 Attendees

Performance Acts in Variety Show29 Acts

Community PicnicApproximately 600 Attendees

Volunteers44 Residents

03

Bashas’ BBQ Rib Competition • 28 Competitors 1st Place: Bud Holderbaum, Thayer Hill2nd Place: Tracy Iranshahr, Jackson Green 3rd Place: Derrick Mellon, Thayer Hill

Founder’s Day Chili Cook-off • 16 Participants 1st Place: Ray Jones, Hamilton’s Run 2nd Place: John Suscavage, History 3rd Place: Ed Swartout, Summit

Bean Bag Toss Competition • 32 TeamsWinners:Peter Zipp, Wycliff CourtChris Kmetz, Franklin Terrace

Heritage Run • 100 Participants10K Winners: Jeff Byers (42:06)and Jennifer Willis (46:59)5K Winners: Dylan Thrasher (22:28)and Lesley Russ (22:36)

Verrado’s Founder’s Day weekend long celebration is chock-full of community traditions, which also includes unique elements and added surprises every year.

COCKTAIL PARTYThe Cocktail Party on Friday evening provided an opportunity for the Verrado Assembly and Verrado Golf Club® to host a fabulous evening for residents and community partners to mix, mingle and dance the night away. Amongst the crowd pleasing hors’ d’oeuvres was a gracious spread by Grazie, wine and craft beer tastings, photo booth fun, star gazing with the Astronomy Club of Verrado and a 50/50 chipping challenge raising $200 for Feed My Starving Children.

HERITAGE RUN AND PANCAKE BREAKFASTBright and early the following morning, over 100 residents rose to the challenge of a 10K, 5K and 1 mile run during the 2nd Annual Heritage Run and Pancake Breakfast. The participants ran through

neighborhoods and paths and trails system of the Heritage District before finishing at the Buckeye Fire Station in Verrado.

The United Buckeye Fire Fighter Charities served griddle pancakes along with volunteers from Feed My Starving Children. Generous donations and proceeds from race registrations raised $720 for each charity.

BLOCK PARTYOur Saturday Night Block Party rocked Main Street and the Village Green as talented performers took the stage during the Resident Variety Show hosted by Anderson Institute of Music and Performing Arts. Leading up to the concert, the crowd engaged in family-friendly activities sponsored by partners including EPCOR, Main Street Lofts, Summit Community Church and Verrado Realty. Roughly 3000 residents and their guests sang along with Sugar Ray.

COMMUNITY PICNICTraditions and competitions were the name of the game at Sunday’s Community Picnic at Founders Park. Residents, including our canine friends, earned spirit award points by participating in DJ games and activities hosted by Verrado Clubs and community partners: DLC Resources, EPCOR Water, The Goddard School®, and Vitras Swim Club.

Verrado’s 10th Founder’s Day Celebration

A Weekend Long Community Celebration

04

Apple Pie Baking Contest • 13 Entries1st Place Adult: Jennifer Ermoian, King’s Green1st Place Youth: Elena DeMarco, Jackson Green

Youth Watermelon Eating Contest:Susie Grovel won the honors for the third year in a row

Verrado’s Spirit of IndependenceBIKE DECORATING PARTY Verrado’s Spirit of Independence started off with a bang when over 80 residents attended the Bike Decorating Party at The Center on Main™ on the eve of July 4. Pre-purchased bags were filled with all of the red, white, and blue supplies needed to create a patriotic masterpiece on wheels.

11TH ANNUAL CHILDREN’S BIKE PARADE Bright and early the following morning 500 residents donning patriotic flare flocked to Main Street to ride, walk, stroll, and march to festive beats in the 11th Annual Children’s Bike Parade. The parade was kick started with a routine by the Verrado High School Pommies followed by the inspiring sounds of the Sundin Sisters as they belted the national anthem. In traditional form the Buckeye Fire Department led the parade with an engine truck while the crowd of speedsters and strollers trailed behind until their pedals could go no more. The crowd was indulged by Uncle Sam (resident volunteer, Jack Boucher), The

Goddard School handing out helium-filled balloons, Verrado Realty dishing out tasty treats, and Tempo Urban Bistro serving up a pancake breakfast added even more fun to the parade.

SPLASHBACK POOL PARTY Later that day residents attended the Splashback Pool Party, the grand opening of the Heritage Swim Park. The retro-themed pool party was packed with entertainment including a surprise dance number by a local teen group, and a DJ who kept the crowd moving and grooving throughout the afternoon with poolside games and activities. Swimmers and sunbathers enjoyed activities hosted by Vitras Swim Club and Verrado Men’s Football Club including a July 4 craft with help from volunteers. Bashas’ served up 500 complimentary old-fashioned root beer floats and EPCOR Water handed out refillable infusion water bottle souvenirs.

FETE & FIREWORKS The fun didn’t stop there. Celebrations continued into the evening during the Fete & Fireworks event at the Verrado Golf Club® consisting of All-American BBQ fare, traditional summertime competitions and spectacular fireworks lighting up the skies over Verrado for a jaw-dropping finale to another memorable Independence Day.

THANK YOU TO OUR VOLUNTEERSAll of these community traditions were made possible with the inspiration, hard work, and dedication of over 40 resident volunteers.

Fete & Fireworks12-minute Fireworks Spectacular National Anthem: Kiran Mann

THE 12TH ANNUAL TREE LIGHTING CELEBRATION Saturday, December 5 kicked off Hometown Holidays with over 3000 residents and their guests gathered on Main Street and the Village Green to experience the charming festivities.

Bashas’ 1500 cups of complimentary hot chocolate to support Joy of Giving and raised $706.50 in donations

Blue Daisy Day Spa and the Barber Shop Beaded candy cane ornament craft

The Goddard School 1,032 decorated sugar cookies

KD’s Art Studio and Vitras Swim Club 400 gingerbread houses

Boy Scouts Games and activities

Verrado Realty Gave away 500 festive light-up bracelets

Main Street Dental 321 photos with Santa

SNOW SUMMITWhat would a winter wonderland be without snow? Thanks to Summit Community Church, snow fell in the Village Green, 15 tons of it to be exact, creating a Snow Summit for all to enjoy. Thanks to our many generous partners, including DLC Resources, who provided tractor-drawn wagon rides throughout the evening as well as EPCOR Water, for their overall support of the event. Last, but certainly not least, Anderson Institute of Music and Performing Arts along with their students and Phoenix Hill band entertained with delightful vocal and instrumental holiday music and caroling.

The highlight of the evening was the lighting of the tree with the honors performed by Verrado High School’s amazing football team, the Verrado Vipers. The tallest tree thus far, standing proud at 50 feet, the beauty was lit as the crowd watched in awe and marked the beginning of the much-anticipated season.

BLOOD DRIVEEarlier that day 46 residents attended the Blood Drive held at The Center on Main helping the United Blood Service to reach 119% of their blood drive goal.

JOY OF GIVING CELEBRATIONThe following day, the Joy of Giving Celebration was hosted at the Verrado Golf Club. The generosity of the community filled the room with toys, diapers, clothing, non-perishable food items and nearly $5000 in monetary and gift card donations in support of local non-profit organizations. All Faith Community Services, Homeless Youth Connection and Buckeye Super Heroes distributed to thousands of families in need helping to make their season a little brighter.

WE HEART CHRISTMAS HOME TOUR During the We Heart Christmas Home Tour Verrado residents opened their homes to share the spirit and sparkle of Christmas traditions. And new this year was a stop at The Big Patio™ for refreshments, music and an opportunity to meet with the members of New Life Center whose organization benefitted from this year’s proceeds. A record number of 400 attendees raised over $3000!

Verrado’s Hometown Holidays The joyful spirit of the holiday season filled Verrado bringing family and friends together to enjoy heart warming and meaningful traditions.

New TraditionsIntroduced in 2015

Gingerbread House Decorating Contest • 15 Entries1st Place Group: Connie Lenski & Michelle Rogers1st Place Individual: Carmen Ganam

Holiday Home Decorating Contest • 21 EntriesOriginality: Charles and Liliana HydemanArrangement: Joseph Cash

Theme: Larry DialOverall: Chris Macholl

2015

Fete & Fireworks12-minute Fireworks Spectacular National Anthem: Kiran Mann

Design Review

PRESERVING COMMUNITY CHARACTER

2015 Design Review Applications – Received 31 Approved297 Approved with Conditions63 Denied

391 TOTAL

2015 Design Review Applications – Status86 Front Yard Landscape29 Rear Yard Landscape27 Pool Installation0 Satellite Dish

23 Exterior Painting46 Security Door68 Solar18 Sunscreens

32 Pergola - Shade Structure62 Other

391 TOTAL

HomebuildingAbout one-third of the single-family home permits issued by the city of Buckeye in 2015 were for homes in Verrado.

Verrado Sales in 2015Re-Sales: 244 | New Home Closing: 285Total Title Transfers: 535

Trees Matter in VerradoTotal Trees: 20,323* | Amount of Trees Planted in 2015: 3,258* Different Species of Trees: 41

*This total excludes a portion of the Victory District

07

RECAP OF THE BOARD APPROVED CAPITAL IMPROVEMENTS COMPLETED IN 2015These projects continue to keep Verrado safe and beautiful.

AC Unit ReplacementThe Center on Main, 1st Quarter, $8,300.00

Playground Wood Chip Replenishment 2nd Quarter, $19,499.55

Fitness Area Rubber Floor Tile Replacement The Center on Main, 3rd Quarter, $9,271.95

Irrigation Controller ReplacementsMaximizing Useful Life of Each ControllerAs-Needed Basis

WHO IS THE UTILITIES COUNCIL (UC)?The UC is a chartered advisory group of volunteer Verrado residents. Established 3rd quarter 2015, it operates under the overall direction of the Board of Directors of the Verrado Community Association, Inc. (VCA), advising on all matters related to regulated utilities and their impact on our community.

HOW CAN THE UC HELP ME?The UC provides a number of free products and services to help you understand and manage your utilities and their associated costs:  

• They provide consultations and assessments for residents in workshops and in their homes on opportunities to manage utility usage

• They share vital information within the community on their Website and Facebook page

• They help review and understand your bills and the charges

• They help connect you to representatives at utilities with whom we have relationships

• They share our experiences from other residents who may have had similar issues and how they were resolved

• They show you how you can resize your water meter to reduce your water bills

WATER & EXTERIOR PAINTING WORKSHOPS In partnership between the Utilities Council and Verrado Community Association, Inc., there were two Water Workshops in 2015 designed to aid residents in determining key areas to save money on individual water bills.

In February, the Verrado Design Review Committee, in partnership with JT Elbracht, Design Consultant, hosted a Verrado Community Workshop. This informational workshop covered material on choosing exterior paint colors for your home.

As the community continues to mature, many homes have reached their exterior paint’s longevity in the Arizona sun. We encourage owners to contact the VCA for questions and guidance regarding exterior painting and modifications. Please remember prior approval must be obtained from the Design Review Committee, as outlined in the Charter, for any exterior home changes or modifications.

Capital Projects and Utilities Council

Capital ProjectsCompleted in 2015

TelecommunicationsEffective June 30, 2015, Verrado residents saw a reduction in their total monthly assessments fees. The separate, mandatory monthly Telecommunications Fee for Cox High Speed Internet services for residential property owners in Verrado was eliminated.

08

Opening in June, this first-class facility pays tribute to the classic municipal aquatic facilities of the past, but with modern luxuries to accommodate today’s active lifestyle. The Swim Park is the perfect addition to the Heritage District’s amenity complex, which is adjacent to the new Verrado Heritage Elementary School.

POOLS FOR EVERYONEAt the epicenter, this resort-style facility provides a large recreation pool and smaller pool especially designed for little swimmers. Heaters and chillers are equipped in both pools and feature zero-entry areas making them easily accessible for swimmers of all ages and abilities. And talk about exciting, the splash pad adjacent to the toddler pool is suited with LED lights offering another element of amusement while the sun goes down!

SWIM PARK RAMADA AND GRAND LAWNCabanas, umbrellas and shade structures provide refuge from the Arizona sun, while inviting lounge chairs and Adirondacks entice neighbors to relax and stay awhile. Barbecue and picnic areas are readily

available, including a fire pit to gather around and stay cozy on brisk evenings. Designated special use spaces include the Heritage Swim Park Ramada located off the toddler pool, and The Giving Tree Pavilion with Grand Lawn available for private reservations through verrado.com.

HERITAGE SWIM PARK IS HIGH TECHThe fun never stops with built-in high tech features such as Wi-Fi and speakers enhancing the Swim Park’s entertainment factor. With a beautiful new facility also comes an emphasis on safety and security by means of required electronic card access, posted Swim Park rules, and surveillance system. Keeping our pools clean and safe is key to having everyone healthy and happy, and helps keep our swimming pools open.

The Heritage Swim Park is a great complement to The Center on Main’s fitness pool, providing the community with even more options to enjoy their leisure time. For years to come, neighbors are sure to make fond memories at the Heritage Swim Park.

SUMMER OF SPLASHAs Arizona temperatures rise, the Heritage Swim Park is by far the “coolest” place to be in Verrado. The expansive pools and shaded areas offer space for those that want to relax and lounge as well as space for those that prefer to socialize and play.

The Summer of Splash brought together a sizzling lineup of poolside activities and give-a-ways for neighbors of all ages. Island party, dive-in movie, pool side games, DJ’s and lots of fun surprises like hats, towels, cups and balls – it was awesome!

• Live music by Greg Anderson (July 17) • Island Party with live music by Sean Mireau (July 24)• Dive-in Movie featured Goonies (July 31)

The Heritage Swim Park Opens with a Splash

Connect With NeighborsVerrado is a true community where there are many opportunities to connect with neighbors. – Pam Haack, Wood’s Run

Heritage District • Plan Your Next Party in the ParkGraduations, weddings, birthday parties, pot luck dinners, or impromptu neighborhood gatherings – whatever the reason may be, Verrado’s Heritage District has a park or amenity that fits your needs. Neighborhood parks are designed as an extension of your home; open to residents and their guests to enjoy on a first come first served basis (or shared use of space) as well as a few designated reserved parks and amenities.

CAMBRIDGE PLAZA: Also commonly referred to as Wedding Park, is an idyllic spot for formal events such as weddings, cocktail parties, or a quiet everyday gathering amongst tranquil palms and a bubbling water feature. This amenity also includes access to power, a shade structure/ramada, and bounce house accessibility (pending approval).

PARK MEADOWS: If you come to play, this is the place! Featuring a large play structure, ramada, charcoal BBQ, picnic tables, and access to power making it a perfect birthday party spot.

THE GIVING TREE PAVILION: Situated by a majestic oak tree, this indoor-outdoor amenity, is perfect for

those who want to enjoy the pool, but also get out of the heat.

HERITAGE SWIM PARK RAMADA: This refreshing sanctuary from the Arizona sun, is located adjacent to the toddler pool inside the Heritage Swim Park.

Although not available for reservations, these parks are a great addition to the Heritage District, so jump on your bike or take a walking tour through these uniquely designed neighborhood parks.

MORNINGSIDE PLACE: This park features a small play area as well as a wooden bench, surrounding the trunk of one of Verrado’s beautiful, mature trees.

CARSTEN PARK: Keeping Verrado’s youngest residents in mind, this quaint and relaxing park features a play and shade structure.

COMPASS POINT: Features a climbing net and signage that illustrates the mileage from the park to various destinations within the state of Arizona.

ROSEMONT GARDEN: When visiting this park, you’ll find formal gardens with manicured hedges and lush landscaping.

DESERT CROSSING: This reflective park features no play equipment, but rather designed to be a resting point along Verrado’s Linear Path.

VERRADO’S FIRST DOG PARK: This temporary play area for our furry friends features two enclosed areas for large and small dogs, complete with grass, shade, benches and fresh water.

With the addition of these great parks, Verrado just got a whole lot more space to play!

PARKS AND AMENITIES MADE FOR FUNNeighborhood Park Parties: Over 15VIP Trailer Reservations: 98Park Reservations: 103Swim Park Ramada Reservations: 102

Sweet Home VerradoWouldn’t live anywhere else! Verrado is a great place to raise a family. – Danny Gamboa, Hamilton Commons

The Center on Main

PARTNERSHIPS AND COMMUNITY

The Center on Main Usage in 2015 (in percentages): 15.5% Fitness Classes (fee based) .5% Painting Classes (fee based)

13% Clubs and Groups (including fitness clubs) 10% VA & VCA

4% Private Reservations5% Community Partners

52% Unused/Available Hours

11

52% Unused/Available Hours

GET CENTERED • JANUARY 11 Residents attended this event showcasing programs including yoga, Zumba, HIIT Club, Cami Camp and available amenities.

ARIZONA IMS MARATHON(VILLAGE GREEN/TCOM) • FEBRUARY 15Runners congregated at the Village Green off Main Street and ran through the streets of Verrado for the 7th Annual IMS Marathon. The Center on Main was also open to participants.

BACK TO SCHOOL BASH • AUGUST 1 This fun-filled bash gave 105 youth the opportunity to meet fellow classmates prior to their first day of school. The event included poolside games, crafts, and cool treats sponsored by Summit Community Church along with music by Infinity Entertainment. Special thanks goes to the Verrado Boy Scouts, Girl Scouts, Vitras Swim Club, KD’s Studio and several volunteers for making this day a great success!

VIPERFEST • SEPTEMBER 19 Verrado High School’s Homecoming week kicked off with a parade and block party at the Village Green with nearly 700 attendees. The fun continued with a school spirit week, assembly, tailgate, football game, and dance.

TEEN T.R.E.K.S • OCTOBER 5–9 Hosted daily through Fall Break for youth ages 13-17, including: Teens Zone, Indoor Rock Climbing, Harkins Movie Theater, and Uptown Alley.

HALLOWEEN SPOOKTACULAR • OCTOBER 31 Over 200 residents gathered for this first time Halloween event to enjoy popcorn, cookies, music, dancing games, candy, crafts, and a costume contest.

CRUISE NIGHT ON MAIN & PINEWOOD CLASSIC DERBY • NOVEMBER 14 Residents cruised over to Main Street for a cool display of classic cars and cheered on competitors in the Pinewood Classic Derby hosted by the local Boy Scouts.

TEEN DODGEBALL • NOVEMBER 20 Teens rallied for a good old game of dodgeball while enjoying some music together.

TURKEY TROT, THANKSGIVING DAY NOVEMBER 26 Thanks to The Goddard School for taking on this annual tradition to get out and participate in a 5K run/1 mile walk on Thanksgiving morning; over 250 residents participated in this event.

HOLIDAY PAJAMA PARTY • NOVEMBER 28 A magical evening to kickstart the holiday season – hot chocolate, popcorn and s’mores were enjoyed by 150 attendees. A trackless train decorated by volunteers drove families around the Village Green and children watched Polar Express. Even Santa Claus made a surprise appearance at the end of the movie and handed out timeless silver bells tied with red ribbon.

FAMILY GAME NIGHT This free program for all residents allows families to join together the last Sunday of the month for friendly board game competitions accompanied by pizza and popcorn.

YOUTH FITNESS ORIENTATIONS Originated in 2015, this program allows youth 14-17 to access the fitness room. Orientation includes a review of policies and rules, tour of fitness room, a quiz, and issuance of a photo ID card. Orientation registration is $15 per youth. There was a total of 89 youth oriented in 2015.

Main Events Happening in the Main Street District

12

What’s Happening in VerradoMARKETSIDE DISTRICTVerrado’s newest mixed-use district, Marketside, is located at the convenient and well-traveled interchange of I-10 and Verrado Way. Marketside really is the gateway to Verrado.

This district encompasses 60 acres, and is a substantial part of Verrado’s overall entitlement of 4.2 million square feet of commercial space.

In 2015, we announced more convenience coming close to home with the opening of The Corner Store (CST) and Culver’s to the Marketside District.

CST Brands, Inc. closed on the approximately 1.6 acre deal in Verrado’s Marketside District in July. CST convenience store, self-service fuel and drive-through car wash facility opened in 2016.

DAR & GSL Enterprises of Arizona, LLC. purchased 1.3 acres from DMB in December, preparing to bring Culver’s newest franchise location to Verrado’s Marketside District. Culver’s, a leading fast and casual restaurant chain, became famous for its ButterBurger and Fresh Frozen Custard.

Continued Marketside District development could include restaurants, shopping, medical, hotels and residential units that will be developed over the coming years. The district’s architectural character will complement the hometown feel of Verrado, while being more accessible to a larger market.

MOVIE UNDER THE STARSWith the cooler temps casting a net on the community, residents happily gathered with family and friends under the stars for a feature film hosted by the Verrado Assembly. The location changes throughout the year, but the laughter and fun remain, and of course, the complimentary popcorn.

Back to the Future II October 21 at Heritage Swim ParkInside Out November 6 in the Village GreenHome Alone December 4 at The Center on MainElf December 11 at The Center on Main

NEIGHBORHOOD PARKS APLENTYWith 72 uniquely designed neighborhood parks throughout Verrado, you could visit a different park

each weekend and still not see them all in a year. Each neighborhood park has its own individual character. Big parks. Small parks. Dog parks. Play parks. Here you’ll find parks of every size, shape and use.

NEW PARKS IN THE VICTORY DISTRICT

Colina Park offers a swinging good time with a wood swing play set and small shade trellis with bench swings.

Coolidge Park is a desert style park with native stone seat walls, granular paths and salvaged vegetation.

Hazelwood Park offers a formal arrangement of trees and central turf area.

Mariposa Park provides residents with a fireplace to gather around on chilly evenings.

Victory Park has a beautiful focal point with a grand fountain surrounded by large turf areas.

Welcome HomeThe welcoming, family feeling is the foundation that Verrado is built on. ~ Gaye Lantz, Sage Hill

11 New Clubs in 2015The range of interests you’ll find among our residents is far and wide. Last year we welcomed 11 new clubs to the community.

• Motorcycle Club of Verrado

• Craft Club of Verrado

• Hiking Club of Verrado

• Gardening Club of Verrado

• Birding Club of Verrado

• RV Club of Verrado

• Breast Cancer Warriors of Verrado

• Bass Wrangler Club

• Liftin’ with Clifton

• Circle of Care

• Winter Book Club

Club Hosted EventsPARENT DATE NIGHT Girl Scout Troop 2405 began hosting their monthly parent date nights at The Center on Main. This program is much appreciated by the parents and is gaining interest.

SPRING FLING CRAFT FAIR Girl Scout Troop 2405 hosted a large craft fair on the Village Commons which included many craft vendors, a silent auction, and cake walk. Proceeds went toward the Girl Scouts travel fund.

BEAUTY AND THE BEAT DANCE Girl Scout Troop 2405 hosted a 4th and 5th grade dance at Verrado Elementary School.

PICKLEBALL CLINICHeld at The Center on Main on February 11, about 20 Verrado residents attended.  The clinic was led by Gloria Martin and Pam Katz, with help from several Verrado Pickleball Club members.  Many of those who attended the clinic have since joined the Verrado Pickleball Club, which has almost 80 registered members. 

ASTRONOMY CLUB OF VERRADO The Astronomy Club of Verrado’s monthly meeting was followed by a Star Party at The Center on Main in March.

Area Boy Scouts attended to earn their Astronomy Merit Badge and a drawing was held for Lowell Observatory passes.

VITRAS’ YOUTH TRIATHLON On September 26, 95 local kids ages 4 to 14 competed in the Verrado Youth Triathlon. This group showcased their athletic endurance as they completed the triathlon which was held at The Center on Main.

• Earning first place honors for the girls Serena Thompson (7-10 year olds) Kaden Horn (11-14 year olds)

• Earning first place honors for the boys Jackson Gill (7-10 year olds) / Alex Bobian (11-14 year olds)

• $3,000 was raised for the youth athletic scholarship fund Thank you to our generous sponsors who made this event a success: Vitras Swim Club, Jeffrey R. Gill Law Firm, Main Street Dentistry, Trek West Phoenix, Glendale Sports, ImageFirst Healthcare Solutions, John & Marta Baxter - Keller Williams Reality, Olson Orthodontics & Palm Valley Woman’s Care.

Want to Start a Club in Verrado? Visit verrado.com Log in as a resident > My Community > Get Involved

PHOENIX RESCUE MISSIONVolunteer Frequency: First Thursday of Each Month Volunteers per Trip: Six / Two Hours per Visit Total Verrado Volunteer Hours for 2015: 144 Code Red Water Drive: 38 Cases Collected

THE GIVING TREE™The spirit of giving is a cornerstone of our community’s heritage and legacy. Residents and community partners have brought this vision to life by making philanthropy a cherished element of Verrado’s community lifestyle.

The Giving Tree supports organizations and causes near and dear to the hearts of the Verrado community, including monthly service trips to the Phoenix Rescue Mission, the annual Feed My Starving Children MobilePack, and the Joy of Giving holiday gift drive.

MARCH OF THE FALLEN • APRIL 11Nearly 200 participants joined forces for a 4.5 ruck march through Verrado’s Trail System. There were 50 volunteers who helped check in and weigh participants, as well as 6 volunteer golf cart drivers that transported participants with heavy packs. This extraordinary event raised $30,000 for Fighter Country Partnership.

FEED MY STARVING CHILDREN APRIL 26 – 27Feed My Starving Children is a nonprofit organization that ships meals to children in nearly 70 countries. The meals are specifically formulated for malnourished children. A single bag of food provides highly nutritious meals for six children and costs approximately 22 cents per meal / $1.32 per bag.

Location: Verrado High School Total Volunteers: 1,200Funds Raised by Volunteers $59,875.86Meals Packed: 272,162 (over 50,000 more than the previous year)

VERRADO BREAST CANCER WARRIORS WALK & 5K • OCTOBER 10The feeling of hope was in the air when over 200 survivors, fighters and honorees gathered at the Victory’s Big Patio to participate in The Breast Cancer Warriors First Annual Walk and 5K. Thanks to everyone who made it a success including the participants, sponsors, volunteers and organizers; the walk raised over $480 for the American Cancer Society for breast cancer research in Arizona.

PAWS ON PARADE • OCTOBER 31A parade of adorable pooches kicked off Halloween fun for the whole family. Paws on Parade, hosted by Verrado’s Kennel Club partner, Community Paws, brought out residents and their costumed four-legged friends for a walk in the Main Street District.

A variety of displays including Buckeye PD K9s, Buckeye FD, Community Paws dogs for adoption, vendors, face painting and so much more were available on the Village Green.

BLOOD DRIVE • DECEMBER 5Forty-six residents attended the Blood Drive held at The Center on Main helping the United Blood Service to reach 119% of their blood drive goal. Thank you to resident volunteer, Cathie Pitts, for leading this important effort again this year.

Philanthropy in Verrado

Outstanding Community ServiceBased on the highest quantity of votes from Verrado Leadership members, the following volunteers were recognized for their “Outstanding Community Service”: Sarah Taylor, Kimberly Banach and Becky Kelley. Their contributions are truly appreciated. ~ The Verrado Assembly

The Giving Tree program encourages the spirt of giving to flourish in the Verrado community through volunteerism and philanthropic initiatives. During Volunteer Appreciation Week, our Giving Tree partner organizations highlighted the following Verrado residents for exemplifying that incredible spirt of giving in the community. 

BUCKEYE POLICE DEPARTMENT Mike Harley – Hillcrest The Buckeye Police Department recognizes Mike Harley for his outstanding service by demonstrating servant leadership on a daily basis. Mike is involved in Citizen Patrol; if you see a black and white Police Volunteer vehicle, it is most likely Mike doing his rounds in and around Verrado. He is also involved with the motor assist group and helps with traffic control. Thank you Mike Harley for your service to our community, and thank you for your dedicated service to the Buckeye Police Department.

SUMMIT COMMUNITY CHURCHBernadette Baun – Summit Bernadette Baun volunteers her time and talents to serve God and Summit Community Church. As the leader for the Sunday morning hospitality team, she coordinates the volunteers and provides a welcoming environment for everyone to connect with others after services.  She also volunteers at many community events throughout the year with her husband, Ray. 

VERRADO ELEMENTARY SCHOOLJoy Brzezinski – Glen Joy Brzezinski is a resident of Verrado and also is a grandmother of two SuperSTAR students. For the last several years, Joy has volunteered twice a week at Verrado Elementary School. She normally volunteers for her grandchildren’s teachers but goes above and beyond making copies for all teachers as well as the office. Joy truly is a treasure and we are very happy to have her as one of our community volunteers.

WATERISLIFEOlivia Blessing Bender – GlenOlivia supports and cares for those in our world who go without life’s most basic needs being met. This year she has traveled to Maasai Villages in Kenya and to Haiti working to bring clean water, sanitation and hygiene solutions. Her dedication over the years is endless, whether it’s supporting WATERisLIFE teams, staff, volunteers, or going herself to help. It is hard to express how much impact she has made on the lives of others. 

Want To Get Involved With The Giving Tree? Verrado’s caring spirit continues to grow through The Giving Tree program by facilitating accessible volunteer and philanthropic opportunities to all residents through our diverse nonprofit partners. Visit verrado.com > My Community > The Giving Tree

Volunteer Appreciation Week, April 12 - 18

Working TogetherWhat I love most about living in Verrado is belonging to a vibrant neighborhood where residents invest time and talent to make it better. ~ Terry Gunn, Astoria Gardens

Verrado Leadership®

Created through the Verrado Assembly, Verrado Leadership (VL) works to enhance the quality of life for Verrado residents by cultivating a community of leadership and creating a legacy that touches the hearts and lives of residents today and for years to come.

Each neighborhood (organized by our unique neighborhood park identities) is represented by a Neighborhood Leader(s) committed to facilitating neighbor-to-neighbor connections by:

1. Providing a warm welcome to new neighbors.

2. Acting as a neighborhood organizer for events and activities.

3. Serving as an ambassador for the community and Verrado Assembly.

Verrado Leadership continues to grow, and in 2015, Class IX welcomed 50 new members, for a total of 133 leaders.

As new residents move into the community, Verrado Leadership is quick to provide a warm welcome by delivering 353 pies in 2015.

The White Tank Mountains ConservancyThe White Tanks are one of Verrado’s mostincredible features and also one of the bestconserved natural areas in the Phoenix metropolitanregion. As such, our community is part of a coalitionspearheading efforts to ensure Verrado and Victoryresidents alike have access to the beautiful WhiteTank Mountains for generations to come.

The White Tank Mountains harbor incredible naturaland cultural resources including a robust mule deerherd, mountain lions, Javelina, and petroglyphs. Inaddition, the mountains feature two regional parks:the White Tank Mountain Regional Park, managedby the Maricopa County Parks Department; andSkyline Park, managed by the City of Buckeye.Management of these large recreation areas strivesto balance the preservation of natural and culturalresources with the continued use by recreationists,naturalists, and the general public. www.wtmconservancy.org

Outdoor life is a huge part of living in Verrado,which is why DMB, The Sonoran Institute, City ofBuckeye, Maricopa County Parks and Recreation,Westmarc, Maricopa Trail & Park Foundation,Central Arizona Conservation Alliance havepartnered to form the conservancy and work to“protect the White Tank Mountains by seekingpragmatic solutions that enhance the economy ofthe West Valley while ensuring the sustainability ofthe natural and cultural resources within this iconicand rugged landscape.”

The White Tank Mountains Conservancy will protect the White Tank Mountains by seeking pragmatic solutions that enhance the economy of the West Valley while ensuring the sustainability of the natural and cultural resources within this iconic and rugged landscape. Through partnership and collaboration with regional organizations, the WTMC will ensure that these sentinels on the western edge of the Phoenix metropolitan area thrive.

Part of a CommunityWhat I love most about living in Verrado is the level of community here that exists no place else I’ve ever experienced. Verrado is what community should be! ~ Joe & Melissa Shepherd, Astoria Gardens

Yes, Victory was created for those who are 55+ but one of the best things about living here is the connection with the vibrant town of Verrado.

VICTORY AT VERRADO WELCOMED ITS FIRST FAMILY Moving from Pennsylvania in June, the Niehus family join their children and grandchildren who already live in Verrado, making them a truly multi-generational family.

For DMB, this is always a major milestone. First families are true pioneers who become a part of the rich journey of creating a new community. 

PHOENIX MAGAZINE INCLUDES VERRADO AMONG THE 10 HOTTEST NEIGHBORHOODS OF 2020This Phoenix Magazine recognition is part of a compilation of where the Valley’s hottest neighborhoods will be five years from today. Victory was specifically recognized as a

wonderful spot for wine-lovers, as it will be celebrated for its working vineyard where Victory residents can join in on the fun with first-crush parties and wine-making classes. Victory was also called out for being so tailor made for the modern Boomer. Cookie-cutter homes and shuffleboard are nowhere in sight. Instead, Victory residents can enjoy cooking classes, paint nights, Zumba, revolving craft beers, and more. And for those passionate about lifelong learning, Victory residents can take a class or learn a new language.

Residents can stay active in a state-of-the-art fitness center overlooking the White Tank Mountains. And hiking and biking are sure to be popular activities with plenty of trails threading throughout the scenic property. Golf is also taken to a new level, with a Tom Lehman designed 18-hole course where residents can play to their hearts content before carting back to the Vic clubhouse for a craft cocktail.

WHERE TO RETIRE MAGAZINE NAMED VERRADO ONE OF 50 BEST MASTER-PLANNED COMMUNITIES IN THE UNITED STATES. The communities selected reflect evolving active-adult needs for amenity-rich neighborhoods that foster a rich sense of community.

No wonder Verrado made the list. Verrado has miles of path and trials, one spectacular 18-hole golf course (and another coming in late 2016), 77 parks and counting, and over 50 resident clubs and groups to choose from.

Then there’s The Center on Main, the community center where residents gather to have fun. In the Heritage District, residents can hang with friends at the Verrado Coffee Company or the Heritage Swim Park.

Victory at Verrado®The White Tank Mountains Conservancy

The Big Patio Concert Series Comes to Victory at Verrado® • October 3 | The Sugar Thieves • November 21 | Sara RobinsonResidents of all-ages broke out their blankets and lawn chairs to welcome The Big Patio Concert Series in the Victory District. Developed in partnership with the West Valley Arts Council, this dynamic music series brings friends and neighbors together for an afternoon of music, fun, and delicious treats.

COMMITMENT TO HIGH QUALITY EDUCATIONEducation is a core value for Verrado and DMB. As such, DMB communities traditionally put schools at the heart of each community they build. Distinct neighborhoods with connections to schools and parks are deliberately designed to enrich people’s lives and add value to the greater communities of which they are a part.

Verrado’s schools are committed to excellence and continue to share the values that make our community so special. Continuing accomplishments translate into strong parent involvement, teacher dedication and student-centered environments where rich educational opportunities empower our students to be productive.

VERRADO WELCOMES VERRADO HERITAGE ELEMENTARY SCHOOL (VHES)In 2015, Verrado became home to its fourth high-performing public school in the community. The Litchfield Elementary School District (LESD) approved plans for a new K-8 school in the Heritage District. Located near the fire station just west of Verrado Way and north of Thomas Road, VHES opened its doors on August 3 for the 2015/2016 school year.

The decision to build a new school in Verrado was based on significant projected growth of the surrounding area in coming years. The remarkable two-story brick building is the first K-8 school in the district and houses approximately 950 students divided among four classes per grade level.

VHES promotes an atmosphere of leadership and inspiring greatness in every child. It provides opportunities for students to discover their own strengths, talents and gifts through a program called “The Leader in Me.” 

Welcome to Verrado, VHES, we look forward to watching the growth of all the future leaders that will come through your doors and thrive in your classrooms.

UMBRELLA PROJECT In 2015, students of Verrado High School targeted La Guaria Elementary School in Costa Rica to raise funds for technology and school supplies through the Umbrella Project. Schools from Arizona, New York and Costa Rica have painted over 100 umbrellas with the theme: “One World in Harmony.” 

These umbrellas, plus an additional 100 umbrellas, were displayed and given up for a $50 donations at an event at Hillside in Sedona, April 24, 25 and 26.

The Umbrella Project is a 503C non-profit global children’s art initiative that was founded by Hilda Brown 25 years ago. The Umbrella Project’s mission is to teach children that they can make a difference in the world through art and service. 

THE GODDARD SCHOOLIn 2015, The Goddard School earned a three-star “Quality” rating as a result of its Quality First assessment. Quality First standards are high…those achieving Star Ratings in the quality levels (3 stars and above) have met these standards. The Goddard School also kicked off fundraising efforts for their 501(c)(3) scholarship program, S.E.E.D. (Supporting Early Education & Development), receiving a total of $1,500 in donations from individuals and events. S.E.E.D. is also a member of The Giving Tree Council.

Great Schools = Great Kids

Verrado High School, Buckeye, No. 1,747 in U.S.Arizona scored in the middle of the pack of U.S. News & World Report’s 2015 Best High School Rankings. Ranking 26th, only 9.7 percent of Arizona’s 463 eligible high schools had gold and silver medals. Six schools had gold and 39 had silver. Verrado High School received the silver medal.

BOARDS OF DIRECTORS AND STAFFVerrado Assembly A nonprofit organization, the Verrado Assembly fosters unique and outstanding opportunities for social and civic engagement. Committed to actively engaging residents and providing meaningful ways for neighbors to connect, the Assembly strives to enhance quality of life by: executing and promoting outstanding community programs and events; cultivating strong relationships with community partners; supporting and nurturing volunteerism and philanthropy; and keeping residents informed through effective and innovative communications.

Verrado Community Association, Inc.A nonprofit organization, the Verrado Community Association maintains Verrado’s special community landscapes and unique neighborhood settings. Committed to preserving Verrado’s community standards to protect and enhance the quality of life, the VCA manages all operational aspects of Community Life.

Al Semmler Senior AccountantAmy Albrecht Accounts Payable CoordinatorCatherine Pimsner Transfer & Disclosure Associate Chadwick Reed Director of Community OperationsDarrell Mead Accounting and Finance ManagerGus Brown Community Programs ManagerJennea Bono Website Coordinator

Jaime Lyn Gonzales Community Engagement ManagerJennifer McSweeney Consultant, Community Life Jennifer A. Barefoot Director of CommunicationsJennifer Tweedie Community Operations Coordinator Jesse St. Clair Facilities SuperintendentJoy Rosek Volunteerism and Service ManagerKassandra Beck Assembly Ambassador

Kathryn Ellingson Communications ManagerRay Fellows Landscape and Maintenance SuperintendentSamantha Ward Senior Assembly Ambassador Scott Rowan Director of Community Asset ManagementSteve Myatt Assembly AmbassadorTabatha Long Community Operations ManagerTodd Hornback Executive Director of Community Life

Boards of Directors • Verrado Assembly / Verrado Community Association, Inc. Melinda Gulick President / Senior Vice President of Marketing, Communications and Community Life / DMBTodd Hornback Vice President & Secretary / Executive Director of Community Life / DMBJeremiah Hood Treasurer / Director of Finance / DMB

Verrado Assembly and Verrado Community Association, Inc. Team

Team • Verrado Assembly / Verrado Community Association, Inc.

20

Verrado Assembly FINANCIAL SUMMARY

ANNUAL REPORT

*DETAILED BALANCE SHEETS AVAILABLE ON verrado.com > Life at Verrado > Community Governance > Verrado Assembly Budget, Fee Schedule & Financial Statements

VA | INCOME STATEMENT | YEAR ENDING DECEMBER 31, 2015

REVENUE

Assembly Assessment $ 626,359 $ 607,140 $ 19,219

Telecommunity Fee 766,228 776,322 (10,094)

Apartment & Commercial Maintenance Fee 76,517 75,012 1,505

Legal Fees 22,999 31,733 (8,734)

Transfer & Disclosure Fees 465,315 427,788 37,527

Interest 357 288 69

Special Events & Programs 68,400 55,230 13,170

Allowance for Doubtful Accounts 17,944 (9,000) 26,944

Net Revenue $ 2,044,119 $ 1,964,513 $ 79,606

OPERATING EXPENSESGeneral & Administrative $ 832,477 $ 762,111 $ (70,366)

Communications 24,485 26,845 2,360

Community Engagement 332,245 349,591 17,346

Telecommunity 617,785 776,323 158,538

Other Expenses 55,402 78,314 22,912

Total Operating Expenses 1,862,394 1,993,184 130,790 Current Year Surplus (Deficit) $ 181,725 $ (28,671) $ 210,396

ACTUAL BUDGET VARIANCE

VA | BALANCE SHEET | AT DECEMBER 31, 2015

ASSETSOperating Accounts $ 7,761 $ 64,529 $ (56,768)

Reserve Accounts 157,732 157,417 315

Total Cash 165,493 221,946 (56,453)

Net Accounts Receivable 114,628 84,159 30,469 Other Assets 8,504 11,806 (3,302)

Due From Association 328,142 508,404 (180,262)

Total Assets $ 616,767 $ 826,315 $ (209,548)

LIABILITIES AND MEMBERS’ EQUITYAccrued Expenses $ 121,337 $ 447,332 $ (325,995)

Prepaid Assessments 25,125 90,403 (65,278)

Total Liabilities 146,462 537,735 (391,273)

Prior Year Surplus (Deficit) 288,580 91,840 196,740Current Year Surplus (Deficit) 181,725 196,740 (15,015)

Total Equity 470,305 288,580 181,725

Total Liabilities & Equity $ 616,767 $ 826,315 $ (209,548)

2015 2014 CHANGE

2015 | VA | EXPENSES

2015 | VA | REVENUE

2015

Telecommunity Fee$766,228

Apartment & CommercialMaintenance Fee

$76,517

Legal Fees$22,999

Transfer & Disclosure Fees$465,315

Interest$357

Special Events & Programs$68,400

Allowance for Doubtful Accounts

$17,944

Telecommunity $617,785

Other Expenses $55,402

General & Administrative$832,477

Communications $24,485

Community Engagement

$332,245

21

Assembly Assessment$626,359

Verrado Community Association, Inc. FINANCIAL SUMMARY

ANNUAL REPORT

*DETAILED BALANCE SHEETS AVAILABLE ON verrado.com > Life at Verrado > Community Governance > Verrado Community Association Budget, Fee Schedule & Financial Statements

VCA | INCOME STATEMENT | YEAR ENDING DECEMBER 31, 2015

REVENUECommunity Association Assessment $ 5,331,980 $ 5,165,384 $ 166,596Special Service Area Assessment 77,520 76,500 1,020 Legal, Collection & Compliance Fees 103,143 103,773 (630)Transfer & Disclosure Fees 173,245 146,782 26,463Interest 2,302 2,700 (398)Other Revenue 193,948 174,538 19,410 Allowance for Doubtful Accounts (62,780) (71,755) 8,975 Net Revenue $ 5,819,358 $ 5,597,922 $ 221,436

OPERATING EXPENSESAdministrative $ 1,102,767 $ 1,125,096 $ 22,329 Communications 17,092 23,545 6,453 Community Engagement 27,032 48,600 21,568 Facilities 470,319 525,667 55,348Landscaping 2,187,098 2,669,667 482,569 Repairs & Maintenance 195,868 311,841 115,973 Special Service Area 80,625 74,999 (5,626) Utilities 1,643,392 1,450,629 (192,763)Other Expenses 12,348 20,750 8,402 Total Operating Expenses 5,736,541 6,250,794 514,253Surplus (Deficit) Before Reserves & Subsidies 82,817 (652,872) 735,689Reserve Distribution (49,458) (69,389) 19,931Current Year Surplus (Deficit) $ 33,359 $ (722,261) $ 755,620

ACTUAL BUDGET VARIANCE

VCA | BALANCE SHEET | AT DECEMBER 31, 2015

ASSETSOperating Accounts $ 244,405 $ 1,278,244 $ (1,033,839)Reserve Accounts 712,071 465,251 246,820 Total Cash 956,476 1,743,495 (787,019)

Net Accounts Receivable 833,756 657,081 176,675 Fixed Assets 70,329 90,433 (20,104) Other Assets 10,605 10,870 (265)Total Assets $ $1,871,166 $ 2,501,879 $ (630,713)

LIABILITIES AND MEMBERS’ EQUITYAccrued Expenses $ 639,121 $ 1,159,180 $ (520,059) Prepaid Assessments 220,671 176,353 44,318Construction Deposits 78,013 90,000 (11,987)Due to Assembly 332,060 508,404 (176,344) Total Liabilities 1,269,865 1,933,937 (664,072)

Prior Year Surplus (Deficit) 567,942 855,129 (287,187) Current Year Surplus (Deficit) 33,359 (287,187) 320,546Total Equity 601,301 567,942 33,359

Total Liabilities & Equity $ $1,871,166 $ $2,501,879 $ (630,713)

2015 2014 CHANGE

2015 | VCA | EXPENSES

2015 | VCA | REVENUE

2015

Landscaping$2,187,098

Facilities$470,319

Community Engagement $27,032 Communications

$17,092

Other Expenses$12,348

Administrative$1,102,767

Utilities$1,643,392

Special Service Area$80,625

Repairs & Maintenance$195,868

Special Service AreaAssessment

$77,520

Legal, Collection and Compliance Fees

$103,143

Transfer and Disclosure Fees

$173,245

Interest$2,302

Other Revenue$193,948

Allowance for Doubtful Accounts

($62,780)

Community Association Assessment$5,331,980

22

Main Street & MoreBUSINESS AND SERVICESAmerican Family InsuranceAnderson Institute of Music & Performing ArtsBanner Health Center Blue Daisy Day Spa and SalonBuckeye Medical CenterChirofit Chiropractic & Physician TherapyCorner StoreCross Road Baptist ChurchEdward Jones Investments Jeffrey R. Gill, PLLCJohnson Wealth ManagementMain Street DentalMain Street Lofts at VerradoNemechek Consultative Medicine, Inc.Summit Community Church The Barbershop on Main at VerradoThe Big PatioThe Goddard SchoolThe Spa at Victory

Verrado AssemblyVerrado Community Association, Inc. Verrado Realty

DINECiao GrazieCulvers Tempo Urban Bistro & Coffee Bar Verrado Coffee Company Verrado GrilleThe Vic Bar + Kitchen

SHOPBashas’CVS Pharmacy

PLAYHeritage Swim ParkThe Center on Main The Victory Club Verrado Golf Club

PRESORTEDSTANDARD

U.S. POSTAGE PAIDPHOENIX, AZ

PERMIT NO. 3418

VERRADO ASSEMBLY4239 North Village StreetBuckeye, AZ 85396 623.466.7000

VERRADO COMMUNITY ASSOCIATION, INC. 4252 North Verrado Way, Suite B 200 Buckeye, AZ 85396 623.466.7008