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, '. �•. . i _ Owner or the Owner's authorized representative, furnish the resale disclosure certificate. The _ Association may charge a reasonable fee for furnishing the resale disclosure certificate and aay documents related thereto. SECTION 6 - ASSESSIVlEN'i'S 6.1 Generai. Assessments shalI be determined and assessed against the Units hy the • Board, in its discretion, subject to the requirements and procedures set forth in this Section b and the Bylaws. Assessments shall include annual Assessments under Section 6.2, and may include special Assessments under Section 6.3 and limited Assessments under Section 6.4. Annual and special Assessments shall be allocated among the Units in accordance with the allocation formula set forth in Section 4.2. Limited Assessments under Section 6.4 shall be allocated to i Units as set forth in that Section. 6.2 Annual Assessments. Annual Assessments shall be established and levied by the Board, subject to the limitations set forth hereafter. �ach annual Assessment shall cover all of the anticipated Common Expenses of the Association far that year which are to be shared equally . by ail Units in accordance with the al{ocation set forth in Section 42_ Annual Assessments shall be payable in equal monthly or quarterly installments, as determined by the Board. Annual Assessments shall provide, among other things, for an adequate reserve fund for the replacement of those parts of the Common Elements and those parts of the Units for which the Association is responsible, except to the extent that the replacement is funded by limited Assessments pursuant to Section 6.4. Until the first annual Assessment is levied, Declarant shal� pay all Common Expenses. 6.3 S,pecial Assessments. In addition to annual Assessments, and�subject to the � limitations set forth hereafter, the Board may levy in any ASsessment year a special Assessment against all Units in accordance with the allocation set forth in Section 4.2. Among other things, special Assessments shal] be used for ihe purpose of defraying in whole or in part (i) the cost of any unforeseen and unbudgeted Common Expense, (ii) general or speeific reserves for maintenance, repair,or replacement of any part af the Property,and (iii) the maintenance, repair, . i or replacement of any part of the Property,and any fixtures or other progerty related thereto. 6.4 Limited Assessments_ In addition to annual Assessmenis and special Assessments,the Board has the authority to(and, in certain instances set forth in this Section 6.4, shall) levy and allocate limited Assessments among only certain Units in accordance with the following reguirements and procedures: � 6.4.i Any Common Expense associated with the maintenance, repair, or replacement of a Limited Comrnon Element shall be assessed exclusively against each Unit or Units to which that Limited Common Element is assigned, equally or by the cost per Unit. 6.4.2 Any Common Expense benefiting fewer than al] of the Units, may, at the Board's discretion,be assessed exclusively a�ainst the Unit or Units benefited. MPLS-Word 95281_11 8 � _.._._.——-- i