January 2025 Newsletter

Lighthouse Pointe Marina — October 2025 Owner Update Dear Owners, As the season winds down, we wanted to provide a comprehensive update on several important topics around the marina. Facility Updates The women's restroom door handle has been repaired and is now fully operational. Camera system upgrades are nearly complete. All new cameras are installed with proper data lines and improved coverage. The old system had aging, inadequate equipment, and questionable wiring. We expect the whole system to be live later this week. Wifi strength assessment will continue with a Spring contingency plan in place if needed. NJ State Police continue to investigate the theft of fishing gear reported earlier this season. Our old camera system captured partial footage that may help identify suspects. Please continue to secure valuables and report any suspicious activity to the NJ State Police and the Association. The majority of missing pylon caps have been replaced. Staff will continue to maintain and repair as needed. Storm Recap The October 12 nor'easter brought minimal issues to Lighthouse Pointe. While we experienced strong winds and elevated water levels, there were no reports of damage other than a slide pole on E-dock. A high-tide surge pushed water above the north bulkhead (Jetski area), but all docks and vessels remained secure. An additional high tide surge on October 13 , caused minimal disruption. Security and Access Gate codes were updated in October with new monthly numbering series. Please keep these codes confidential and share them only with your renters or authorized guests. We anticipate transitioning to annual updates in the future to assist in turnover management. Our dockmaster is working with an electrician to address any remaining lighting issues on the upper deck, parking lot, and around the docks. Years of questionable work on infrastructure make identifying root causes a challenge. The current Board will only work with licensed and insured contractors for these repairs in an effort to reduce future headaches. Slip Rentals and Lease Reminders Summer leases officially expire on October 15 . Any jet skis or small boats occupying Association-owned slips must vacate by that date in accordance with the deed. Owners who rent their slips for winter wet storage must submit a signed lease agreement and proof of vessel insurance before the renter's arrival. Please notify Dockmaster Jack to schedule new renter orientations and verify that all required documents are on file. Remember that any fines related to rental activity are assessed to the slip owner . Legal and Financial Matters September Financial reports are posted to the members portal. Litigation with Dreams Come True continues, with the next court date scheduled for November . The Association has retained Lockatong Engineering , one of the area's premier experts, to complete a full engineering report and provide expert testimony. Uniform collection efforts remain active. Two owners (covering four properties) are under repayment agreements, one account is in foreclosure proceedings, and the commercial property remains in foreclosure with arrears nearing $90,000 . The Association holds the first lien position , ensuring the accounts' debt will be paid first in any sale or sheriff auction. All other accounts are in good standing as of September 30 . Proof of vessel insurance per the master deed has improved substantially. Proof of insurance for 147 of the 150 vessels is obtained! Three owners have been issued $100 violation fines this month. Subsequent fines will be issued to any account that remains or become non compliant. All renewals, and cancellation notices are reported from the carrier to LHPM directly, a thirty day notice to cure will be issued for any expired policies - Owners are required to ensure the association has accurate information for their leased slips. Dredging and Permits We are pleased to share that the 10-year Army Corps dredge permit has received final approval pending the District Engineer's signature. Scarborough Marine is on retainer and preparing to begin maintenance dredging this winter - once the NJDEP confirms the mechanical dredge plans. This season's focus will be on opening the alley entrances between Docks B/C and C/D , with other high spots addressed as the budget allows. Our NJDEP permit must be renewed by June 2026 , and Water's Edge Environmental will assist with securing a five-year extension to maintain continuity in our dredging plan. Amendment to Master Deed Owners will be asked to approve an amendment to the Master Deed that would remove the existing restriction limiting alcohol service and consumption to the former restaurant property. This change would restore the right for owners and their guests to responsibly consume alcoholic beverages within the Association’s common and limited common areas, such as the clubhouse, provided all activity complies with state and local law. Specifically Paragraph 6(A)(49) , as previously amended, to deleted in its entirety and replaced with the following language: (49) Alcoholic Beverages.  Alcoholic beverages may be served and consumed within the association common areas as may from time to time be designated by resolution of the Board of Trustees of the Lighthouse Pointe Marina Condominium Association, provided that such service and consumption are conducted in accordance with all applicable municipal, county, and state laws and regulations. The Board of Trustees shall adopt and enforce reasonable rules and regulations governing the hours, conditions, and conduct related to the service or consumption of alcoholic beverages to ensure safety, compliance with law, and preservation of quiet enjoyment for all owners and residents. Nothing herein shall be construed to permit the sale, service, or distribution of alcoholic beverages by any unit owner, tenant, or other person except as specifically authorized by the Association. This Amendment supersedes all prior language of Section 6(A)(49) which restricted alcohol service and consumption exclusively to the restaurant commercial unit. Additional information on the rational and owners voting process will be shared in a separate formal communication. Winter Procedures As we transition into the off-season, thank you for your continued care of the property and commitment to keeping our community secure and welcoming. The Board will continue focusing on infrastructure, fiscal health, and capital planning to ensure steady progress through the winter months.With colder weather approaching, please review and prepare for the following seasonal procedures: Personal Belongings: All bicycles, hoses, and personal items must be removed from common areas and finger piers by the first week of November . Water Shutoff: Dock and pool house water systems will be turned off on or about the second week of November to prevent freeze damage. Clubhouse will remain accessible to owners in the winter. Staff Coverage: Seasonal staff coverage will conclude on November 24 . After this date, the marina will operate on an off-season maintenance schedule with limited onsite personnel. Warm regards, Lighthouse Pointe Marina Board of Trustees Association Board Meetings Open to all members of the Association December, 14 2025 Sunday 10:00am - Zoom March, 22 2026 Sunday 10:00am - Zoom May, 24 2026 Sunday 10:00am - Clubhouse & Zoom July, 19 2026 Sunday 10:00am - Clubhouse & Zoom September, 20 2026 (Tentative Elections) Sunday 10:00am - Clubhouse & Zoom

Lighthouse Pointe Marina — August Newsletter From your Board of Trustees August at the marina has felt like turning a corner. You can see it in small moments around the pool. The new coded gate and required bracelets have made the space feel secure, and the fresh furniture has turned quick dips into real hangouts. Inside, the clubhouse stays busy with cool air, better seating, and easy streaming for a ballgame. It is simple stuff, but it adds up to a place that feels cared for. You can also hear the difference in our meetings. Hosting sessions both in person and on Zoom has brought more voices into the room. Questions land sooner, answers are more precise, and neighbors who could not make it before are now part of the conversation. That is the kind of transparency we are working toward. On the financial side, the trend line is encouraging. More owners are paying on time, and only a small share remains in arrears. When accounts do fall behind, we follow the Uniform Collection Policy so everyone is treated fairly. Fines, liens, and foreclosure are never our goal, but they remain necessary tools that protect the community. Insurance compliance has improved as well, which helps keep people, property, and the association safe. Taken together, reserves are funded, and net assets are roughly $150,000 higher than this time last year. That progress lets us keep chipping away at long-standing maintenance needs without losing sight of the budget. Permits for winter dredging remain on schedule. Scarborough is lined up to begin targeted maintenance this winter, a steady, cost-effective approach that should keep depths improving, especially when combined with consistent boat traffic. Up on the deck, Lockatong Engineering completed an inspection this month and is preparing a full report. Their work will guide the final plan for the project and support the association in the ongoing litigation involving prior contractors. Early signs are positive and should strengthen our counterclaim. Election season is underway. Nomination notices have gone out, and ballots will follow by mail shortly. Please keep an eye on your mailbox and return your vote promptly. It matters. None of this is flashy, and we know there is more to do. Still, the pace is steady and the direction is right. We will continue to prioritize safety, compliance, and value for owners while operating within realistic financial constraints. Thank you for your patience, your questions, and your partnership. See you around the docks.

Community Highlights July 4 Community BBQ More than 100 owners mingled from 6 PM to 8:30 PM, with a great turnout and even better company. A 50/50 raffle raised $210 toward new pool furniture. Shout-outs to Steve McEntee and his daughter for donating DJ services and the ice-cream truck, and to every volunteer who handled setup, breakdown, and cleanup. The Events Committee is already brainstorming another gathering. Stay tuned! Financial Snapshot & Assessments May Financials are available in the Members Portal; July statements will follow before the next meeting. Quarterly Invoices for common expense assessments are due July 15; payments received after July 30 incur a $100 monthly fine per the Uniform Collection Policy. Enroll in ACH drafts through PMC to avoid late fees (form and PMC contacts under “Trustees & Staff” on the website). Safety & Security Updates New Door Code: All clubhouse & pool-house keypads now use the new code (Shared via E-mail). Old codes are deactivated. Pool Access Bracelets: Custom 2025 silicone bracelets are available for authorized access to the pool area. Request yours from Secretary James Mangan or our volunteer Elaine on B-Dock. Pool Gate Upgrade: A new coded gate will be installed within the next 10 to 14 days to enhance security. Projects & Infrastructure Upper-Deck Railing The independent contractor is installing and painting the pipe railing; weather delays slowed progress, but completion is near. Work beyond the steps and up to the restaurant will follow minor ramp-support repairs. Engineering & Litigation Support Professional engineer Lockatong was engaged to audit prior deck work (Dreams Come True) and serve as an expert witness. This partnership keeps the long-term repair plan moving even while litigation proceeds. Dredging Permits are in the final approval stage with the Army Corps. Contractor Scarborough is on standby to start maintenance dredging this fall, focusing first on humps at fairway entrances. Regular boat traffic is already helping scour fairways, and we’re optimistic for deeper water once targeted dredging begins. Amenities Round-Up Clubhouse Upgrades: New HVAC, donated furniture, an energy-efficient refrigerator, and Roku/YouTube TV have made the space a popular cool-down spot, remote work space, and a great way to watch the Phillies. Remember to tidy up after use so that everyone enjoys a clean and comfortable environment. Governance & Meetings Next Board Meeting: Sunday, July 20 @ 10 AM, Clubhouse (in-person). We’ll also attempt a live Zoom stream using our new A/V gear. July Financials and meeting packet will be posted in the Members Portal ahead of the session. Quick July Reminders Check Your Bilges: Heat waves can stress pumps and batteries. Pump-outs: Our dockhand, JT, performs routine weekly pump-outs on Sunday morning. If you are underway at that time or need an off-cycle pumpout, do not hesitate to request it from the staff. Return Dock Carts: Please park carts in the designated area after use. Report Concerns: If you notice something that requires attention, please contact the Dock Master or the Board of Trustees; email is always a good option. Staff Weekly Schedules: The Dockmaster is on duty each Sunday, Monday, Tuesday, Thursday, and Friday. JT is on every Sunday and as needed on other days. Stay Connected Dock Master Email Dockmaster@lhpmarina.org Board Email: trustees@lhpmarina.org Association Website: LHPMarina.org Thank you for your ongoing support. See you on the docks and at the July 20 meeting! Your LHPM Board of Trustees

LHPM April Newsletter From Your Board of Trustees The Board knows that association members are restless, and some may even be frustrated given the critical responsibilities and decisions in front of us all, from finishing the upper-deck legal saga to locking in a solution to maintenance dredging and managing reserve funds, all while handling day-to-day upkeep. We’re tackling each item carefully, putting safety and compliance first, and squeezing every assessment dollar to stretch as far as it’ll go. Progress can feel slow, but each small step moves us toward a sturdier, prouder community. Thanks for sticking together and exhibiting trust in this process. We’re confident we’ll keep Lighthouse Point moving in a positive direction. 1. Personnel & On-Site Operations Dockmaster – Jack Returned to duty on 4/1 and continues to handle spring start-up responsibilities and maintenance. Seasonal Dock Hand – JT Back for the 2025 season to support daily dock and grounds operations. Contract Services – Russ Not rehired full-time, but available on an independent contractor basis for specialty projects. 2. Projects & Infrastructure Upper Deck – Engineering & Litigation The Hyland Group will be on-site to provide a final report by mid-June . Findings will guide both litigation strategy and completion plan. State-Required Reserve Study Will begin as soon as the Hyland report is issued. A November 2024 preliminary review will serve as a baseline. Dredge Permit Water’s Edge LLC is finalizing permit updates and securing a 10-year Army Corps extension. Dredging cannot start before September 2025 ; schedule to follow once permits are complete. HVAC Repairs Contract awarded; work begins in May to replace air and heat in the clubhouse and the bathrooms. Upper Deck – Temporary Railing Replace with existing materials - installation slated for May . A permanent solution will only be prudent following litigation and reserve-fund planning settlement. 3. Financial Snapshot & Assessments Financial Reports Monthly reports are posted to the associations Members Portal section on or about the 3rd week of each month. Please review the March report to better understand the associations current assets. Q2 Assessments Due April 15 ; late after April 30 per the Uniform Collection Policy. Avoid fees by enrolling in ACH draft through PMC (form online or contact PMC directly). Delinquencies Arrears continue to decline overall; a few significant accounts have progressed to lien and pending 180-day late foreclosure actions in May. Slip D23 Sale Closing stalled due to a deed defect; legal counsel is clearing the issue. A new blind-bidding round will open once the title is fully cleared. 4. Insurance & Lease Compliance Required Action Send updated vessel insurance certificates and rental lease documents to dockmaster@lhpmarina.org . 5. Governance & Meetings Saturday, May 18 @ 10 AM – Clubhouse (in-person) . Agenda: financial review, project updates, owner Q&A. 6. Community & Events Summer Social Volunteers Needed Interested in hosting a marina gathering in June or July ? Email trustees@lhpmarina.org to join the planning crew (potluck, grill-out, dock stroll, your choice!). 7. Quick Hits for Spring Storm Prep: Inspect lines, fenders, and shore-power cords before early-season squalls. Keep Fingers Clear: Minimize clutter on and around your vessel Dock Carts: Return carts promptly to the storage area for shared use. 8. Stay Connected Dock Master: dockmaster@lhpmarina.org Board Email: trustees@lhpmarina.org Member Portal & Forms: LHPMarina.org Thank you for your partnership and support as we gear up for boating season. See you on the docks—and at the May 18 meeting! Your LHPM Board of Trustees

Dear LHPM Owners, As we settle into the quieter winter season, we’d like to take a moment to update you on the latest developments within our community. We appreciate your ongoing involvement, understanding, and commitment to making LHPM a wonderful place to enjoy life by the water. Personnel Updates Seasonal Staffing Adjustments: As we do each year, our full-time staff members Russ and Jack have been laid off in November. In 2025, we will be cutting payroll expenses by transitioning Russ into a 1099 contractor role, as-needed. This ensures we’ll may still have his expertise available, while maintaining fiscal responsibility. JT will remain on a part-time schedule throughout the winter, working two days each week (up to 10 hours total). His duties will include property walk-throughs, mooring line and bilge checks, spot-cleaning in the Clubhouse, and promptly reporting any concerns back to the Board. Ongoing Oversight: While the property will have limited on-site staffing, members of the Board of Trustees will also stop by periodically for inspections. As always, we value your feedback. If you have any concerns, please don’t hesitate to reach out at: trustees@lhpmarina.org Operational Updates Deck Litigation: The deck litigation process continues, with the formal discovery period wrapping up on February 7th. We will keep you informed as we move forward. Engineering Assessment: We have engaged an engineer to conduct a thorough evaluation of the upper deck repairs and to create a clear Scope of Work for final completion. This ensures that when the time comes to move forward, we will do so with a well-defined plan supported by expert advice. Dredge Permits: Our NJDEP dredge permit requires finalization with the Army Corps of Engineers. Our consultants at Water’s Edge are leading this effort. We will refrain from any dredge-related activity until all proper documentation and approvals are obtained, ensuring we follow best practices and meet all necessary regulatory requirements. Winter Clubhouse Access: Owners who wish to use the Clubhouse this winter can request lockbox access by emailing info@lhpmarina.org. If you choose to use the facility, please remember that you are responsible for leaving it clean and returning the key afterward. Please note that winter leases do not guarantee Clubhouse amenities, so this is an optional convenience rather than a guaranteed service during these months. D23 Unit Update: The deed-in-lieu of foreclosure for D23 is now finalized. Owners have the first right of refusal to submit a purchase bid by December 31, 2024. Please refer to the email sent by our Secretary for more details. Board Updates Vacant Board Seat: We appreciate the thoughtful submissions from qualified owners interested in filling the vacant Board seat. The Board plans to review and finalize a nomination at our Executive Working Session on December 12, 2024. We look forward to welcoming a new member to our dedicated team and continuing our mission to serve the community effectively. 2025 Budget and Assessment: After careful consideration, the Board has approved the 2025 budget and an assessment increase starting in Q1 2025. Going forward, annual increases will generally align with the Consumer Price Index to maintain financial stability and support our reserve funds. This year’s additional increase helps ensure we can meet our operational goals and continue improving LHPM for all owners. Please see the attached deck that explains the budget process in more detail. Next Open Meeting January 25, 2025 at 6:30 PM via Zoom Mark your calendars! We look forward to your participation and constructive dialogue as we plan for an even better year ahead. Delinquency Management & Financial Health November Financials to be posted in the members portal by 12/18 Receivable Balance improved by $36,411 (12/02: $48,466 vs 11/01: $84,877) We are pleased to report that increased clarity, consistent communication, and a compassionate approach have continued to improve our community’s financial health. Reducing arrears not only improves cash flow for operations and upgrades but also fosters a more positive environment for everyone. At a Glance: 26 Properties (8 Owners / 21% of Ownership) are currently in arrears. 3 of 26 Properties Liened (1 Owner / 2.21% of Ownership) remain in arrears. 8 of 26 Properties (3 Owners / 5.47% of Ownership) have approved monthly installments. 18 of 26 Properties (4 Owners / 15.65% of Ownership) are approaching lien status. These figures show that while challenges remain, our shared efforts are making a difference. Together, we can continue to lower these numbers and strengthen our community’s financial stability. In Closing We understand that winter at LHPM brings a different pace and new responsibilities. Thank you for working together with us to maintain a safe, secure, and welcoming environment. Your feedback, initiative, and cooperation ensure that as we enter the new year, LHPM will remain a place we’re all proud to call our home away from home. Warm regards, Your LHPM Board of Trustees

Executive Board Summary - November Newsletter As we reflect on the activities since the recent board election, it’s clear that significant strides have been made across various categories of our operations. We have a clear path forward to continue making progress over the winter months ahead. Please take a moment and review the details outlined below. Activity Since Election Financial Management Property Management Review: Analyzed current service model and identified gaps with PMC. Insurance: Authorized current renewal payments while positioning for competitive bid options for additional renewals in April. Delinquent Accounts: Implemented a uniform collection policy in line with clear standards for escalating to liens and foreclosures. Financial Review: Conducted a thorough analysis of financial statements, including delinquencies and accounts payable. Assessment Analysis: Reviewed operating and special assessments for sustainability. Budget Planning: Drafted the 2025 budget and three-year financial plan. Governance Master Deed Review: Ensured board members are familiar with governing documents. Officer Elections: Elected President, Vice President, Secretary, and Treasurer. Meeting Cadence: Scheduled quarterly owners' meetings and recurring working sessions. Board Transition: Engaged with previous board members for updates on key issues (deck, dredge, HVAC, bulkhead, pool) and facilitated access to communication channels. Legal Counsel Meeting: Reviewed active litigation and existing contracts. Operations Dock Master Position: Developed a job description and performance survey with a clear decision-making matrix (expenses capped at $500). Competitive Quote Policy: Established standard procedures for obtaining quotes for major repairs. Communications Community Involvement: Initiated a monthly letter to owners and developed strategies for increased community engagement. Website Development: Finalized updates to the association website. Safety & Security Lower Deck Safety: Bracing remediation between docks B and C. CCTV Assessment: Evaluating camera functionality and determined cost and timeline for system upgrades. Reminders 10/15: Summer rental agreements expired; new agreements required for winter renters. 11/3: Final pump-out completed. 11/8: Water shut-off and poolhouse winterization. 11/27: Clubhouse secured for winter. 11/27: Staff’s last day of the Season. 12/1: Commencement of no live-aboard period. Upcoming Board Meeting: Date: Thursday, November 21st at 6:30 PM (Virtual). Meeting materials to be distributed on 11/15. Board Vacancy: Owners in good standing are encouraged to submit a letter of interest to serve on the Board. Maintenance Updates Lower deck bracing repaired near C dock Clubhouse walls: Patched primed and painted. Clubhouse railing: Primed and ready for top coat. Water Shut off access panel built near B dock. Trailers removed from the Parking lot. Outdoor shower floors: Scraped and painted . Marina Boat trailer axel repaired. Electric meter readings completed; invoices forthcoming from PMC. Survey Reminder: Please complete the 5-question survey on Dock Master Performance here . Focus over the Next 60 Days Delinquent Accounts: Address and minimize arrears while facilitating member communication. Commercial Property Strategy: Engage with commercial property owners to discuss strategies. Legal Actions: File up to six liens and notify additional accounts of collection notices. Foreclosure Process: Finalize foreclosure on D23 and accept deed in lieu of foreclosure, with plans to list at fair market value. Engineering Review: Engage a professional engineer for deck replacement oversight. Necessary for the ongoing litigation and future completion of repairs. Financial Planning Adopt a share three-year financial strategy including budget and common area assessment schedule. HVAC Repairs: Approve vendor and schedule repairs ahead of the 2025 season. Dredging Options: Conduct a comprehensive review of minimally viable maintenance dredging during the winter. We appreciate your continued engagement and support as we work together to enhance our community. -Board of Trustees: Bill Graber, President Bradley White, Vice President James Mangan, Treasurer & Co-Secretary Anthony Venuto, Co-Secretary Board of Trustee Email: Trustees@lhpmarina.org