87104542 - Laserfiche WebLink

Browse

W HER EAS, the Declaration of The Yancey Condominium dated October 16, 1984 and recorded October 17, 1984 under Document No. 84- 005507 in the Regiscer of Deed's Office for Hall County, Nebraska, as amended. ( "Declaration "), is incorporated herein by this reference and is recorded on the real estate described in Exhibit "A" attached hereto; and WHEREAS, the basement, first and second floors of The Yancey are intended to be used for commercial rather than residential purposes; and WHEREAS, until such time as occupancy of commercial space required public access. a practice was inplamented of restricting public access to the elevators by keeping the main entrance lobby doors locked at all times; and since public access to the commercial floors during normal business hours is necessary for the operation of the businesses located thereon and it is hereby agreed that preventing public access by elevator during daytime business hours would discriminate against such coomercial businesses; 17 18 HEREBY RESOLVED. that the elevator lobby and the elevator will be available to public access during usual daytime business hours so long as any of the basement, first and second floors are used for, or available for use for, coemercial or business purposes. IT 19 FURTHER RESOLVER, that the elevator lobby will continue to be locked and shall be equipped with a tenant-activated lobby door release to restrict evening a" night time access to the elevators as stated in the Private Placement Memorandum dated August 29, 1984 for the 57 residential Condominium Units of The Yancey. r IT IS FURTHER RESOLVED, that admittance through the mein entrance lobby door into the elevator lobby, when locked during such evening and night time hours, shall not be accomplished by the use of a numerical code except as may be provided by the Association's Rules and Regulations or by specific pes- .scion from the board or Managing Agent of the Association. I 9