|
. d -- --- .�.� ,o ,�,� . . ` `�:_-_�
<br /> f"�I:
<br /> . ��,��V��.LL �r_t-�".
<br />��4� � . . � ���-
<br /> next succeeding yearc aiad a� the end of such year� fQr each ��-
<br /> �` • succe�ding y�ax therea�ter, provaaTerl tlaatc any such change �����`
<br /> .,-. �._�,.
<br /> aha3.1 have th� as��at aad ��o thirds t2/3? of the v�te af each ��,.
<br /> -� cla€a� of ua2mbaro e�Y�o are voting i.n gertsoxa o�c by praxy, at a �_�--
<br /> � mee�ing duly called for this purpase, v�ritten notic� of cvhich .---��-
<br /> ehall be s�� �o all members not leas than thi�ty (30) nor t��`�
<br /> more tlzan eixty (60) days in advance �f the �neeting setting . �y--.
<br /> �c` foa�h �he purpose of the meetia�g. ��-�
<br />� ��-
<br /> � c) After consideration of the cur��t maintenance costs and �' �i
<br /> guture neede of the Aasocia�ion. ehe Ba�rd pf Directors may �*�__�
<br /> � fix each annual assessment at axi amourr•t �not ia �xcess of the �;__�_._
<br /> i^a�ximu�. �� --
<br /> � �E. �ecial A�s�ssm�nta fo� I��cQVemea�. In addi.tion to th� ��;�:=
<br /> � a7nnual assessments aut�aorized above, ths Association may I� in �,��
<br /> any asses�caent year a special assessmen� a�plicable to that �ar _ _-�
<br /> only far the puspose ag dafrayi.ng, iu whole ox in par�, the cost of �_:��
<br /> -` any con�truction or re-constru�tic�n, unexpected repair ar
<br /> I�G'� replace�enC of rhe described iEaprov�Ent upon the Co�¢non Area or �
<br /> ap
<br /> npon an area over which the Ac;so�ia��an has an easeme=at� inclu��g ��a";'�
<br /> � the necessazy fix�ures and gers�xr.�I. pro�r�y r�2ated ther��o,
<br /> , �'
<br /> . rotirided that any such a�sessment ��13. have the ass�nt of two �,; ,
<br /> P
<br /> thirds (2/3) of the votes of each cTi�� of inembers cvl�o ase votisig . ,,
<br />`::^�"`. in person or by proxy at a nceetizig �uiy called for t�is purpose. . t.-"::,�:,
<br /> �� v�ritten notice of which. ahall be seat to al�l. m�zabera raot less �3�an
<br /> � thf rty t 3 0) days nor cnore tYaan sixty (6 0) �a.�s ia ae�vaYrce o� the ` ,'`•,::.
<br />_�"�"• tueeting 'settiAg forth ths purpose of the meeting. g� -�
<br /> �r 7i
<br /> .'�,; [...• � �
<br />_�;°::�:� se 7,�nifarm Ra�� og �#e�e�sm�. Both anuual aad special r•__=
<br /> aesessment muat be g��d at � �niforn► rate �sar all lots locaC�d �n
<br /> all b1o�Jss of the rea7. e�t��t� e�cept there u�ay be an addi�srr�a� . ___
<br /> ,;.,,�. amaunt aeaessed for BZocks Si�c (6) a�ad 3even (7) due to painta.��d� . � �
<br /> � � th� unita by the A��ociation. Ns��3ths�atiding th� foregaiag,• _
<br /> vacast aud unimproved 2ots s�a11 b� aaseseerl a� a $ate of not less �
<br /> � than Cwenty five percent (25�) of the amouxg� asaessed agains�L• the =-_ _
<br /> � 'r orher �.ots. � =--
<br /> 6. Ouorc�m �az any Acti on Autl�or;�ed Under ��ct�.Qns 3 and �. �
<br /> !�'�:�:
<br /> ' At the Efret �neetiaig ca�.led, as provided in Secta.ons 3 andl 4 -: =
<br /> � hereof, the presence at the meeting of inembers or of proxies °�
<br /> entitled to cast sixty perc� t&0$) of all thc: vot�s of each clasa
<br /> �'.,;.: of inemberahip sha7.l constitu�e a quazvm. If the required quarum is ��,�•..�-
<br /> ..;.:ft, ,. not :for,thcot�.rag at any meeting, an.c��her meetiag may be called;
<br /> :,���'� . sub��t to t1z.e.nm�ae�«� requiremeat ��� forth 3.n Sectioas 3 an8 �. _-
<br /> .` . and �h� �e��►�d qrso�.vm at any such��i��equ2nt meetftsg ehali be ano �..,.„
<br /> ���' "�` � ' " half (1/2) ��c +�he required e�uorum at the prec�ding meetfug. Not ----_:
<br /> � .� � ' such aubsequeut cneeting ehall be held mor� t�han eixty (60) days , � � `
<br /> :.',<���1 , r^•
<br /> t,;�. �� � gollowzng the preced:i:�g caeeting.
<br /> '17��. '' • �'
<br /> =.,,:� 7. �,tg nf c+n�ane cememt of A�*+u�l_��+�+�sa�ent�. D�e patee�.
<br />`�',,.•: The fisca]. �rear for the annual aesessm�n4r3 3s es.tabiis�3 as �-_
<br /> ,:• � � beginning c�.l'+Iarch 1 and endin�g on February 28 iai each year., The
<br /> >:�.�. .
<br /> �+���•t • Hoard of Di�ectors ahali fix the amount of the� aunua2 asses�m�nt. �
<br /> Written notice of the annual aQOessmeat ebali be sent to any owner
<br />'���� . a u bj e c t t h e r e t o. T h e d u e d a t e a s h a l l b e e stabliehed b y� the Board, .�
<br /> jt';;�j>St.. , : �:::--
<br /> ,.,,,�� . of Directors a�ad. unless at�•�xwise provided, �he 1�osociatio� rhall
<br /> ,�;�;�'r-� � i r Aa�h month fram th� �aner of each lo�, one twe�.fth ((��12� ���°
<br /> ,,..,..{; , co3_ec_ ' �..._
<br />';i!:;f � of the annual seeflflr�n��at for auch lot. x`he Associatis�n aha�l upon
<br /> `+:{�'4. demand at any L•im� ��xrni�h a certif3.aate in writing,� �igaed by an
<br /> •:�� .
<br /> ogficer of �hQ 1�gao�fation settf�g forth whether tlie �sessments on
<br /> a specigie8 lost have been paic�. A reasonable charge tn�y be made by
<br /> the Board fo� the issuanc� of th�so u�rtiEfcateB. Such ��-
<br /> � cestificatea shali be coaclusive evide�ce o� payment of any _
<br /> � � asseaement therein stated to have pairl.
<br /> 8. k:ff�ctave Nan-�ayment of Aesessmenta Remediea of. the _
<br /> � �Aasociatian. Any aosessment� which are noC paiol when due shall be -���
<br /> deli.nquent. If the aasessment fe not paid within thirty (30) 8aye �� .
<br /> � : after the due date. the aesessmen� shall bear intesest fram the _- _
<br /> . 9 —�
<br /> . �..,.
<br />, �..�...
<br /> . -,---�-- - . . .:
<br /> ._. .. ". . . ,. � � °•� � ��" . • .�,: , - .. . ' ' - � . . . . . •
<br />
|