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� <br /> 'a' t.r . <br /> , . � . <br /> i <br /> Owner or the Owner's authorized representative, furnish the resale disclosure certificate. The . <br /> Association may charge a reasonable fee for furnishing the resale disciosure certificate and any <br /> documents r�lated thereto. <br /> SECTION 6 <br /> . ASSESSMENTS <br /> 6.1 General. Assessments shali be determined and assessed against the Units by the • <br /> . Board,in its�iiscretion,subject to the requirements and procedures set forth in this S�ction 6 and <br /> the Bylaws. ;Assessments shall include annuai Assessments under Section 6.2, and may include <br /> special Asse�sments under Section 6.3 and limited Assessments under Section 6.4. Annual and <br /> � sgeciat Ass�ssments shall be allocated among ihe Units in accordance with the allocation <br /> forrnula set �'orth in Section 4.2. Limited Assessments under Section 6.4 shall be altocated to i <br /> Units as set f�orth in that Section. <br /> 6.2 Annual Assessments. Annual Assessments shall be established and levied by the <br /> Board, subje�t to the limitations set forth hereafter. Each annual Assessment shall cover all of <br /> the anticipat�d Common Expenses of the Association for that year which are to be shared equally <br /> . by ail Units in accordance with the al{ocation set forth in Section 42. Annual Assessments shall <br /> be payable ip� equal monthly or quarterly installments, as determined by the Board. Annual <br /> Assessmentslshall provide, among other things, for an adequate reserve fund for the replacement <br /> of those partfi of the Common Elements and those parts of the Units for which the Association is <br /> responsible, except to the extent that the replacement is funded by limited Assessments pursuant <br /> to Section 6.�4. Until the first annual Assessment is levied, Declarant shal! pay all Common <br /> Expenses. <br /> 6.3 � �ecial Assessments. In addition to annual Assessments, and subject to the • <br /> limitations s�t forth hereafter,the Board may levy in any Assessment year a special Assessment <br /> against all Upits in accordance with the allocation set forth in Section 4.2. Among other things, <br /> special Asse�sments shall be used far ihe purpose of defraying in whole or in part (i) the cost of <br /> any unfores�en and unhudgeted Common Expense, (ii) general or specific reserves for <br /> maintenance� repair, or replacement of any part of the Praperty,and(iii) the maintenance, repair, , i <br /> or replacemelnt of any part of the Property,and any fixtures or other property related thereto. <br /> 6.4 Limited Assessments. In addition to annuat Assessments and special <br /> Assessmentsi the Board has the authority to(and, in certain instances set forth in this Section 6.4, <br /> shall) levy and allocate limited Assessments among only certain Units in accordance with the <br /> following recguirements and procedures_ <br /> � 6.4.i Any Common Expense associated with the maintenance, repair, or <br /> repla�ement of a Limited Common Element.shall be assessed exclusively against each <br /> Unit r Units to which that Limited Common Element is assigned, equally or by the cost <br /> per lJ�nit. <br /> � <br /> � 6.4.2 Any Common Expense benefiting fewer than al] of the Units, may, at the <br /> Boar$'s discretion,be assessed exclusively against the Unit or Units benefited. - <br /> MPLS-Word 95261.1 l g <br /> � <br /> � <br /> i <br /> � <br /> I <br />