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J��l�.�Y21 <br /> �- : . � ��{,�aiW� - <br /> y. � ..� ° <br /> n`y*�� cc . • . � ���� `��V��� ��r _ Vi <br /> '7`4��,`4 +,t . . .. . , ' t�' .�F.,�:�Sf�_ <br /> � ,�:.�� _ . � . applicable tQ that year onlp �or. the purgo�e . . � �� �� �4b� s{;,,�--_. <br /> }` t�" `; . , o€ defrapiag, i.n whole or in gart, the costs < �:;.�� - <br /> _ of aay const�uation, repair, replacement and �-�>�:���=- <br /> ,.a . ,v..����_ <br /> � ,��`�...� , normal maiateaance of capi�al impiovements ^-- -- <br /> upoa the coa�o�a areas, b�at slips, including � ��.____. <br />°�:::�a.���_ � , - ;, <br />- �� .,...,� f�tures -�nd personal praperty related �•���.^- <br />`.`�;=*��`,3�;:.g • . th�eto. Aity assessment shall have the assest :_=-- <br /> `'�" � � ' �� twa-tflirds (2 j3) of the votes of each claas - <br /> '..`` x��'�`; � �� mem�era who are voting ia persoa os bp ��-�----= <br /> . :�.,��: -_--- <br />`-�_�-; pro$y at a meeting c2uly called fos this -_-_ <br />-��:�.�,,:.�L . _ - __ - <br /> _ :�,.��;.r.s� . pusp�se. . --= - -- - <br /> ;��,'���t:'r4 � <br /> 'v n 1. <br />-�ra5.f;S�� <br /> x j�i.- , — <br /> ��_�L .,: e. �th annual aa� special assess��nts must. be =__ <br /> ., N::, -. ; <br />��.:_,-��.��-:.� fised tnai�ormly for al�. lot owa�rs aad estate . -- <br /> _.._f_:_��: block o�-akers, eacept � twa lots or estate . t;�`=�-=_—=-= <br /> �=- =` =- --._..---... _... -- --�--. . .:... .blocks-are_.combined_to..��ria._An�._l�rger_��t_o�... . ..- --....._._ .. .._ _!. .. ,� <br /> ` `�' estate block the asses�ment for this aewl � _ <br /> , Y � �_��; <br /> �'��r`��"�" fora�ed lot or estats block shall be one and __ <br /> ..' � - � one-half t i�) tiiaes the asaessed amonnt for a -- - <br /> =;�,�.� � sfagle lot or estate block. Thia aewly formed � ��- <br /> �� � � larqer lot or estate-block shall-have one (1) �°�_ <br /> ,' , � � , Class A notiag.meutberahip. � . ��_,�:_ <br /> . ,---- <br /> �� �� f. The assessments levied by the �ssociatioa ''---- -- _ <br /> ` �� .. ', � shall be used eaclusively to promote tlae ���^°- <br /> �'..,,: =�. � recreation, health, sa€Qty and we].faze mg the �� <br /> ,;, ..;.;,�: : . resf.dents to mai.atafa co�on green areas and . <br /> -�"-r"�:� streets aad to enforce the covenants to. - <br />-_- :._.:_ . pres�zve the appearaace of the development for . �=- <br /> "'��=:�:`�:�: the benefit of a�.l the zesidents of the -, ,- <br /> � ' co�►unity. The assessments levied by the F'z.�` <br />�..'�i:)°•:,:�w�r,.: <br /> y.._, <br />:;::�:.,�.A-- �� Aasociatioa shall be used for, but aot l�mited , �,_ _ <br /> :�.._.�, .`� to, accountinq, legal, insuraace for common � ,, <br />_-'�ar t���:`_' - <br /> �_---.=m•.:, areas, landscape maiatenance of common areas, �-� ,__ <br />��; ; ':��� � lake mainteaaace, boat raiap maintenance, y �- <br /> ==:�"�`� street maintenance iacludin saow removal, ��'��_ <br /> 9 � -_ <br /> r,:��'�.�Y � costs for street ligbta aad utility charges, � � ��.,�� <br /> �:=i � .� en�ry gate and we].l maintenance. ""'�"� <br /> �:,.�:: � ---_=-=__� <br /> -_ .f..'.1.•. „ai�--_+�--'- — <br />.._,w,r.,�.'� � • �i- .,�Y� <br /> g Notice, quorum and votinq requiremeats of any _ ___ <br /> � . meeting called for the purpose of taki�g any �;:� - <br /> - ' . � actioa authorfzed under subparagraphs 2, 3 and ••'� ��'':`.�'==� <br /> ' � - � � 4 shall be governed by �he Asticles of � '`' <br /> � � �� ' In�orpotatfon aad Bylaws af �he Ponderasa Lake . �� '�.±,��- <br /> ,':-;°:�:�,::� �:.:� Estates Homeowa�rs Associatfon. . �. �. • � � <br />..-._ _ _.� � . � � <br /> ,��_.�:������':Y � 5. Payinent� of A�sessmeats. Peqgy Rae, her successors anc� �, � �.�_ <br /> `��;��:�p Y � � � " <br /> �t _`: assigns, fcor each lot awned within the Ponderosa I.ake Estates � � � <br /> _ ' • � <br /> �-'�"�'�'� Sstbdivision Y Y � � <br /> _:,.:,:��.���� , hereby covenants, aad each owner of an lot b . <br /> -���`���i. � . � • � . �:,� _ <br /> =- =�;_�:' 17 . - . .. s: <br />..V�l►i f y' . . . �._ <br /> ����.`'' . . 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