Common interest community document - 2015

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P t Board of Directors thereof. - . 10. Maximum Number of Units Which May be Created by Subdivision or Conversioa of Units Owned by Declarant.No units may be created by the subdivision or conversion ° of any units owned by Declarant in the Condominium (pursuant to Section S 15B.2-112 of the Act). 1 l. General Description of Limited Common Elements; Allocation of Those Not Described in Sections 515B.2-102(d) and (fl of the Act. As provided in Sections 51 SB.2-102(d) and(fl of the Act(which are set forth verbatim in Section 10 of Article I hereinabove),the limited common elements shall consist of any part of the common elements which are reasonably necessary for the enjoyment and use of a particulaz unit or particular units and exclusively serves that unit or those units including specifically,but without limitarion, all exterior doors,windows,window panes and skylights designed to serve one or more units but located outside the boundaries of the units(s). The Condominium has no limited comman elements other than the ones described in Section S 15B.2-102(d) and (fl of the Act (which are set forth verbatim in Section 10 of Article I hereinabove). 12. Restriction on Use,Occupancy and Alienation of Units.Any resfictions on the use, occupancy and alienation of units in the Condominium aze as set forth in Article IV hereof. In general, all of the Residential Units are restricted to residential use. 13. Statements Pursuant to Section 515B.1-106 of the Act. The Condaminium has not been created in violation of any zoning, subdivision, building, housing, environmental protection,heritage preservation, or other real estate use law, ordinance, regulation,rule or charger provision. Any conditions of any such Iaw, ordinance, regulation, rule or charter provision have been complied with in the creation of the Condominium. 14. Association. Incorporation as a Non-Profit Corporation. The Association, LAKE MINNETONKA MEADOWS, has been established under the Minnesota Non-Profit Corporation Act(Chapter 317A of Minnesota Statutes, as amended). 15. Governing Body.The Association shall be the governing body for all of the owners of units in the Condominium for the maintenance, repair, improvement, alteration, administration and operation of the Condominium as proved in the Act and the CIC Documents. 16. Duties and Powers; Conflicts. The duties and powers of the Association shall be those set forth in its Articles of Incorporation, its Bylaws and this Declazation. In the case of conflict between the Act and various of the CIC Documents, priorities shall be as set forth in Section 5 of Article XII herein below. 17. Not Conducting Business.Neither the Board of Directors of the Association, the Association itself, nor the owners shall be deemed to be conducting a business of any kind.