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201904287
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Last modified
12/9/2019 6:42:48 PM
Creation date
7/23/2019 4:33:28 PM
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DEEDS
Inst Number
201904287
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201904287 <br />B. Purpose of Assessments. The assessments levied by the Association shall be used <br />exclusively to promote the recreation, health, safety, and welfare of the Residents in the <br />Neighborhood and for the protection, improvement, upkeep and maintenance of the Lots and <br />Common Area, and of the homes situated in the Neighborhood and on the Property. The assessments <br />shall also cover the costs of operation and general administration of the association including <br />insurance for the Commons, taxes and overhead. <br />C. Annual Assessment. The Board of Directors shall establish the annual (general) <br />assessments and the due date for the payment thereof. Annual assessments shall commence as <br />determined by the Board and thereafter annually. The first annual assessment may be for a partial <br />year. The Board shall cause written notice of such annual assessment to be sent to each voting <br />member of the Association at least thirty (30) days prior to the commencement of the period covered <br />by such assessment and thirty (30) days prior to the due date for the payment of such assessment. <br />Such assessments shall be final and conclusive as to all members assessed unless prior to the due date <br />such annual assessment is vetoed by all classes affected by the vote against the assessment of two- <br />thirds (2/3) of the entire membership with each class voting in person or by proxy. <br />D. Special Assessments for Capital Improvements. In addition to the annual <br />assessments authorized above, the Association may levy, in any assessment year, a special <br />assessment for the purpose of defraying, in whole or in part, the cost of any construction, <br />reconstruction, repair of replacement of a capital improvement upon the Common Area, including <br />fixtures and personal property related thereto, provided that any such assessment shall have the <br />assent of two-thirds (2/3) of the votes of each class of members affected thereby who are voting in <br />person or by proxy at a meeting duly called for this purpose. The Association shall provide one or <br />more due dates for the payment of Special Assessments under this paragraph. <br />E. Special Assessments for Damage to the Common Area. In the event that a member <br />or someone entitled to the use of the Common Area by virtue of such Member is determined to be <br />responsible for damages to the Common Area then the cost of such repairs or maintenance may be <br />assessed against the Lot of the responsible owner as a Special Assessment. The Board of Directors <br />shall levy and assess such special assessments, but only upon the affirmative vote of two-thirds (2/3) <br />of the Board after hearing before the Board with no less than fifteen (15) days notice thereof to and <br />an opportunity to be heard by the Lot Owner (which may be represented by an attorney). Any <br />interested party may appear at such hearing. The Association shall provide one or more due dates <br />for the payment of Special Assessments under this paragraph. <br />F. Special Assessments for Maintenance. In addition to the general assessments <br />authorized above in paragraph C, the Association may levy, in any assessment year, special <br />assessments against any Lot for maintenance of any building, lawn or driveway upon the Lot as <br />requested by the Lot Owner or as required by the Association. Maintenance in such regard may be <br />such things as mowing, landscaping, tree trimming or planting. It shall be the obligation of a Lot <br />Owner to pay for such services supplied to the Lot. Lot Owners may provide such services for <br />themselves but subject to frequency and standards as required by the Association, provided, however, <br />Class C owners shall have the Association provide lawn care and snow removal (at Owner's <br />expense) and Class A or B owners may have the Association provide lawn care and snow removal (at <br />9 <br />
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