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'�t • tr� � . • � . 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 an any documents related thereto. SECTION 6 I AUSESSMENTS 6.1 General. Assessments shall be determined and assessed against the Units b the • Board, ih its discretion,subject to the requirements and procedures set forth in this S�ction 6�and the Bylaiws. Assessments shall include annual Assessments under Section 6.2, and may in ude special Assessments unde� Section 6.3 and limited Assessments under Section 6.4. Annual and special Assessments shali be at(ocated among the Units in accordance with the alloc tion formula set forth in Section 4.2. Limited Assessments under Section 6.4 shall be altocat d to i Units as set forth in that Section. E.2 Annual Assessments. Annual Assessments shall be established and levied b ' the Board, subject to the limitations set forth hereafter. Each annual Assessment shall cover a 1 of the anticipated Common Expenses of the Association for that year which are to be shared eq ally . by all Units in accordance with the allocation set forth in Section 4.2. Annual Assessments hall be payable in equal monthSy or quarterly insiallments, as determined by the Board. An ual Assessments shall provide, among other things, for an adequate reserve fund for the replace ent of those,parts of the Common Elements and those parts of the Units for which the Associati n is responsi�le, except to the extent that the replacement is funded by limited Assessments purs ant to Sectibn 6.4. Until ihe first annual Assessment is levied, Declarant shal! pay all Com on Expenses. 6.3 Special Assessments. In addition to annual Assessments, and subject to the • - limitations set forth hereafter, the Board may levy in any Assessment year a special Assess ent against �ll Units in accordance with the allocation set forth in Section 4.2_ Among other thi gs, special ,�ssessments shall be used for ihe purpose of defraying in whole or in part (i) the co t of any unforeseen and unbudgeted Comrnon Expense, {ii) general or specific reserves for maintenance, repair, or replacement of any part of the Praperty,and (iii) the maintenance, re air, , i or replacement of any part of the Property,and any fixtures or other property related thereto. 6.4 Limited Assessments. In additian to annual Assessments and sp cial Assessrr�ents,the Board has the authority to(and, in certain instances set forth in this Section 6_4, - shall) leivy and allocate limited Assessments among only certain Units in accordance wit the foltowing requirements and procedures: � 6.4.i Any Common Expense associated with the maintenance, repair or replacement of a Limited Common Element shall be assessed exclusivety against ach llnit or Units to which that Limited Common Element is assigned, equally or by the ost per Unit. � 6.4.2 Any Common Expense benefiting fewer than all of the Units, may, a the Board's discretion,be assessed exclusively against the Unit or Units benefited. MPLS-Wordl 95281.1 1 8 � _....._.,—.._ .. i i