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202203308
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Last modified
5/5/2022 10:48:03 AM
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5/5/2022 10:46:47 AM
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DEEDS
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202203308
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202203308 <br />Voting Rights. The Association shall have two classes of voting members, Class A <br />Members and Class B Members, defined as follows: <br />Class A - Class A members shall be all Owners of Residential Lots, with the <br />exception of Declarant during Declarant Control Period, and shall be entitled to one <br />(1) vote for each Residential Lot owned. If a Class A Member owns more than one <br />Residential Lot, such Class A Member shall have a number of votes equal to the <br />number of Residential Lots owned by such Class A Member. When more than one <br />person holds an interest in a given Residential Lot, all such persons shall be <br />members, and the votes of such Residential Lot shall be exercised as they may <br />determine among themselves; provided, however, that in no event shall more than <br />one (1) vote per Residential Lot be cast with respect to any Residential Lot owned by <br />Class A members. <br />Class B - The sole Class B member shall be Declarant, which shall be entitled to <br />exercise ten (10) votes for each Residential Lot owned by Declarant. The Class B <br />membership shall cease and be converted to Class A membership upon the <br />occurrence of the first of the following to occur: (i) the date on which all Residential <br />Lots have been sold by Declarant to a new Owner, (ii) ten (10) years from the date of <br />execution of the Declaration, or (iii) after a minimum of fifteen (15) Residential Lots <br />have been sold by Declarant to a new Owner, the date on which the Declarant, in its <br />sole and absolute discretion, notifies the Association in writing that the Declarant <br />Control Period is terminated. <br />3. Article 3 Section 3.2 is hereby amended as follows by adding the following section <br />(u): <br />u. Irrigation System. The Association shall provide water for irrigation via the <br />community well and shall cover the electric charges to run the irrigation system as <br />well as annual spring start-up and winterization. The cost to maintain and service <br />the irrigation well shall be the responsibility of the Association notwithstanding the <br />fact that the well is located on land owned by two Owners. Each Owner shall <br />coordinate with the Association and its service provider to tap into the existing well <br />and irrigation system while keeping existing lines intact. If any modifications need to <br />be made to the existing lines or systems, those modifications must be approved by <br />the Landscape & Architectural Review Committee of the Association. All costs <br />related to tapping into the existing irrigation system and well are the sole <br />responsibility of the Owner." <br />4. Except as hereby amended, the Covenants in effect prior to this First Amendment <br />shall continue to operate as the Covenants. <br />5. Capitalized terms used but not defined herein shall have the meaning ascribed to <br />them in the Covenants. <br />[The remainder of this page intentionally left blank; signature page follows] <br />2 <br />4857-6177-3593.3 <br />
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