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Resolution 957
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Reso 0001-7499
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Reso 0900 - 0999 (April 13, 1978 - February 27, 1979)
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Resolution 957
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11/16/2015 11:01:54 AM
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the Common Roadway or Common Driveway (as the case may be) voting <br />• in person or by proxy at a meeting duly called for this purpose. <br />E. Notice and Quorum. Written notice of any meeting <br />called for the purpose of taking any action authorized under para- <br />graphs C and D above, shall be sent to all Members not less than <br />thirty (30) days nor more than sixty (60) days in advance of the <br />meeting. At the opening of such meeting, the presence in person <br />or by proxy of Members entitled to cast sixty percent (60%) of the <br />votes of the membership shall constitute a quorum. If the required <br />quorum is not present, another meeting may be called subject to the <br />same notice requirement, and the required quorum at the subsequent <br />meeting shall be one-half (1/2) of the required quorum at the pre- <br />ceeding meeting. No such subsequent meeting shall be held.more than <br />Sixty (60) days following the preceding meeting. <br />• F. Rate of Assessment. Assessments relating to the <br />Common Roadway shall be -assessed at a uniform rate against Lots 1, <br />2, 3, 4, 5, 6, 7, 8, 11 and 12, Block 1, Orono Oaks, provided that <br />if an improved accessway is constructed by or at the direction of <br />the Owner of Lot 9 onto Outlot A (other than for temporary construction <br />purposes), then Lot 9 shall also thenceforth be included'in such <br />uniform assessment. Assessments relating to the Common Driveway <br />shall be -assessed at a unform rate against Lots 9, 10 and 13, pro- <br />vided that the Owner of Lot 9 (with the written consent of the <br />holder of any then outstanding first mortgage) may relinquish its <br />rights in the Common Driveway, and shall*thereafte-r be relieved of <br />future assessments. Assessments relating to the Utility and Drainage <br />Easements or to any other proper purpose of the Association shall be <br />assessed at a uniform rate for all Lots. Nothing herein contained <br />shall prevent the Association from performing services not inconsistent <br />with this Declaration at the instance of one or more Owners for the <br />particular benefit of their Lots, and to charge the cost thereof only <br />`----to such Lots. Declarant, in lieu of paying assessments for Lots owned <br />by it, may elect to pay the deficit, if any, between the assessments <br />collected and the budgeted expenses. Annual assessments shall be <br />-8- <br />
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