09-06-1977 Planning Packet - Laserfiche WebLink

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if of the members ► Increase the : receive 100% •Qxy at 3 meeting le required quorum of acting upon ed special assessment, ircments of these , constitute a aid . m ; assessments ill be the first 1, however, that Leted living unit to the date that assessment shall 11 assessments . The date of he members authorizing ite of commencement ich assessment i or period and id office of tlie r. Written notice liable therefor, tain from the corporation tlier said assessment dence of payment ot are not paid ther with interest a lien on the lien on said real ; ,r assign of said lien, the member ) the association my procedure available If an assessment ne assessment shall ght (87.) pet cent the member personally operty, then there .liable attorneys* . avoid liability 'areas or by abandonment L of rights of any the assessments : mortgage or mortgages •% now or hereafter placed upon a lot subject to assessments; provided, that; upon the expiration of the period of redemption from a mortgage foreclosure sale, the interest of the holder of a Sheriff*s certificate shall be prior and superior to the lien of any assessment then against the lot or lots, but such sale or transfer shall not release a lot 'from liability for any assessments thereafter becoming due, nor from the lien of any such subsequent assessments. Section l4. Exempt Property. The following property subject to the Declarations referred to in the Articles of Incorporation shall be exempt from the assessments provided for herein: (a) All properties to the extent of any casement or other interest therein dedicated and accepted by the local public authority and devoted to public use; (b) All properties exempted from taxation by the laws of the State of Minnesota upon die terms and to the extent of such legal exemption; (c) All common properties as defined in the Declarations referred to in the Articles of Incorporation. Section 15. Amendment of By-Laws. The By-Laws of this Association may be amended in manner as follows: (a)The board of directors shall propose the amendment by a resolution setting forth the proposed amendment and directint that it be submitted for approval at a meeting of the members called for «iuch purpose. (b)Notice of the meeting of members stating the purpose shall be given to each member who is entitled to vote on the proposed amendment and to each officer and director, regardless of his voting rights. (c) At such meeting or any adjournment thereof, the proposed amendment may’ be adopted by the affirmative vote of all members voting. 1? h * y 4 ' V- • ^ i 4 We, the und« to the provisions Corporation Act, to adopt the fol The name of The purpose of residents wit of record with t thereto as may h annexation as pr of covenants, co referred to as " and acting as an as SUMMIT PARK. For the pur (a) To op€ powers (b) To owr spaces to as