09-06-1977 Planning Packet - Laserfiche WebLink

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1 convey the nths from a ts of enjoyment ties shall be and By-Lawst eriod during ,d enjoyment id to impo se ished roles shall be deemed IMIT park or it on the Common ire such as fireplaces, flower boxes, nstruction of sions of Article any part of tility for led to by the irraination as ifective unless* to such :ten notice every Member ind -- ,ent which may real estate including mients. The nants and each shall be so gree to pay Bssments to be fixed, fter provided. The annual and special assessments, provided, shall be charged on cost of collection thereof as herelnaft P ^ against «hlch each lot and shall be a continuing Hen on with such each such assessment Is made. Each such ^ssesOT , ® j provided, interest thereon and -»«o ‘“^f^rre pl^son !:^o ^a^ ^0 owner shall also be the personal obligation of th P . of such property at the time when the assessmen e Section 2. Purpose of Assessments. The ® = “®®T"“^gi^®'^saL**anrwclfare shall be exclusively for the ^rpose of ^ improvement and maintenance of the residents In SUMMIT PARC and In on the Common Properties of the Common Properties Including the roads and ^^wer and wateroi cne vauiui pauk and the maintenance of sanitary seweu to serve the lots m SUMMIT P ^f4«. „f the lots in SUMMIT PARK. No assessment supply systems installed for the benefit capital improvement is authorized may be levied for a capital ""P'^fsabT include but by all the members of the Association. ^ repair, replacement and additions, not be limited to, the payment of , manaeLent and supervision. Any and for the cost of labor, equipment, ma levied against the Coitinon assessment of real estate taxes or speci assessments provided Properties ahll be divided equally among the lots and aa £or herein. secclou 3. Basis of Aru.ual Assessmencs. ^ by the Board of the ,j,all be^transmltted to each member fiscal or calendar. The proposed aLessments shall be payable treasurer. section 4. Special Assessments for Cap^^;j:P-rdTan thereto. . e. «f Section. 607. of the members shall section 5. Quorum. For armual assessment or provide constitute a quorum and any action t .ff.™atlve votes of members who are voting for special assessments must re«xve provided, however, in person or by proxy at a meeting u y meeting called for the purpose tha? If the required cpxorum Is not f or a proposed special :!s::ren^7:::orrre::tn^:;Te;called to be heid^^^ rrsrbtira-me'etirrairbT-h^ull'r:! ^he required quorum at the preceding meeting Section 6. Date of Co™ancement^of^Annual ^^th^flrlt'day of provided for '’'^\j°"f“irectors; provided, however, that the assessments a month) fixed by the Ixjard of di ! P j living unit shall commence on the for each lot upon which there is n p living unit is completed on first day of the month subsequent “^^^ -fbe maL p rrata for the balance of such lot. The first annual assessment shall be made pro r the calendar ments. The d authorizing and the amou least thirty prepare a ro shall be ope thereupon be may, upon de setting fort evidence of Sect! 01 are not pai< with intere a lien on t or assign o lien, the m to the as so eviTo may prepare the date dt name of th< lot. Such i in the off: of lien sh. for thirty the Associ. in Minneso for the fo obligated reasonable lien being be require become due and power convey, Ic th er eo f. 1 a lot any same shal have fum Sec t herein sh liens for Sale or t tr ansf any pr to pay or or as po ssessic