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Home My WebLink Aboutbocc.min.spec.02131978 �r"� , j �: y: � USFS/PITKIN COUNTY Luncheon Meeting Agenda DATE: February 13, 1978 - TIME: 11p30 to 1:00 . PLACE: Aspen Meadows Restaurant at the Aspen Institute L, Skiing out of bounds (Bob Cornish) 2. Special Use Permits 3. Maroon Bells Bus System 4. Little Annie's EIS and Survey 5. Hunter Creek access 6. Back country controls,. and snowcats 1 ; ,� } � �� ',' � %+ _ . r� . . . . ... . . . . .. . . � .. - � . . . . - . . ii � . . . . . . .' . � . . . . . �t.z` T,;�:;y� .a;�+;-;^�; .,,,,,. . �',�j# �c�� `< - . �k�r,�.;, _ ��y�� ;r. , ., ._. , _ ..... . .::.... . ......... . , . .�. _, r� � � � � RECORD OF PROCEEDINGS 100 Leaves � ' . �...�a.�..�....,.<.. � PITKIN COUNTY/U.S. FOREST SERVICE MEETING February 13, 1978 PRESENT: Commissioners Michael Kinsley, Josenh E. Edwards, Sr., Robert Child, County Manager George Ochs, County Attorney Sandy Stuller, County Planners Sill Kane and Karen Smith, District Ranger Tom Sell, J.T. Richer, Wildlife Officer Randy Cote, Joy Caudill, Bob Cornish, Tom Richardson and Charles Maddalone of the Aspen Ski Corporation 4 Bob Cornish, representing the Aspen Ski Corporation, was present to discuss the problem with vehicles driving up Aspen Mounta3n in the suum�er. The Ski Corporation would like the road closed because they can't cope with the traffic and thep are experiencing quite a bit of vandalism. Kinsley noted that people would still use the Midnight Mine Road. Tom Richardson agreed that the vandalism is tremendous, and they would like the Road closed from Little Nell's to the Sundeck restaurant. The Ski Corporation has no vandalism problems on the other mountains which are closed to vehicles. Kinsley " said he would have no problem closing the road. Stuller noted that it is a misdemeanor to close any road leading to public lands. Edwards said he didn't think that would apply because access is still available via Midnight Mine. Child asked if this would present a problem with mining laws since access to mining claims is required. Edwards said they would have to make an except3on for owners of mining claims on the mountain, but noted that some private landowners have keys to the gate that closes the Conundrum road and that doesn't create any problem. He felt the Forest Service and the County would have overlapping authority to close the road. Cornish noted that the toad is all through private land. Bell said the Forest Service has no authority to close a road on private land. Kinsley felt a public hearing should be held on the matter. Richardson said closing the road would make the area much more pleasant and would help preserve the ' game. Child asked if road closure would cause a lot of traffic on the Midnight Mine Road. Randy Cote felt four-wheel drive vehicles would use the Mine Road. He added that it would be very difficult to keep motorcycles off the face of Ajax. Edwards also felt a public hearing should be scheduled on the matter. Tom Richardson men[ioned the problem of people skiing out of bounds; he felt that if � people ski out of the Ski Corporation permit area, it is a proUlem for the County and Forest Service to handle. When people are stranded out of bounds the Ski Corporation � _,. ---.,. _.__--•.,.. _ �... .____ ___-.,_.,,_ .�.,_>.`�.,�.,..:..._:_._� ., -�,,.:.:,..,...�.... _. ., a.�.-e ,....�..,.. .... ,�,�,_. . � i �:_.��_.�.�*'�F,iF. . V_-v-at��::�} fi�+ '�'6 d-��i-t; , � - .. � _�.��>��T, � ' ., ' . .'-:.� ....._, .. .___......_. . ; . , z.. _. ...__,..,... ,li: . �s,. � � �rN�. 1 i I � RECORD OF PROCEEDINGS 100 Leaves . �..��..�....,.« Pitkin County/USFS February 13, 1978 Page Two , � sends out the Ski Patrol and cat operatora to rescue them, however they usually are not reimbursed for the cost. In addition, the Patrolmen who volunteer for the rescue are not covered by Workman's Compensation or any insurance policy. Richardson said Chey usually send the people a bill for the operation just to point out the cost involved. He suggested that the Forest Service design signs to post at the boundary stating the � extreme avalanche danger that exists; the Ski Corporation would be willing to pay for these. Child asked if these volunteers could be covered by Mountain Rescue's insurance policy. Edwards requested that the County look into providing insuYance coverage, ' and possibly hourly wages, for the volunteers, adding that that would be a proper expenditure of the taxpayers' money. He also felt strong warning signs would be helpful, � but doubted that the County has the authority to make it a violation of County regula- tions to ski out of bounds. He requested Stuller look at the legal avenues available. f ' Bell agreed to look into drawing up wording for the signs. � Richer mentioned that the County must review all the Forest Service use permits; . �' since they receive quite a few permit applications, this is a very time-consuming process � far the County and often t3mes the permit cannot be issued until the current season is over. Kinsley suggested Richer meet with Bill Kane to devise a formula for exempting :� ' � m3nor items. Kane suggested amending the Land Use Code to specify which activities : # �will require special use permits. Richer said some interim process should be insYituted � k �because the applications are stacking up. : Richer also mentioned the problem of access to private mining claims. The Forest Service is obligated to give access to these claims, but he felt the Forest Service and County should devise some method for handling the eight to ten access applications they are expecting. Edwards said the County plans to put up every obstacle possible to prevent � � the applicants from building roads to their claims; in addition, the County plans to °� give all their mining claims to the Foxest Service. Richer noted that the Forest Service {� is required to give access, but not necessarily vehicular access. Bell said that they � have received another application foz helicopter skiing. � � � 1? h: ;r. y_.__—._.._..__�._ -,a..;,::�w..�am. --- �.,...:..:.,.. .�,.,; ,.., .... ;<:_>, .,....,_� . ._�,.. :�. .., ::,;,. .i :� � :a�:<;5��' _._.. r - -- --- � `«vv.4.�{� -- . , � xa�'�': _.. .: . � -. �i. V. � � RECORD OF PROCEEDINGS 100 Leaves � USFS/Pitkin County February 13, 1978 Page Three Richer reported tha[ he and Ochs and Smith are meeting tomorrow to begin planning for the 1978 Maroon Bells Bus System. Ochs asked if the CSU survey results have been received. Richer replied that only the rough draft has been prepared. Child added that they should check out marketing package tickets with local lodgeowners, as was suggested at the last meeting. Kinsley said the Chamber of Commerce should also be involved in planning the program for 1978. Kane asked if the Forest Service is going to consider an environmental impac+_ ' statement for East Village, Owl Creek and Little Annie's simultaneously. Bell said they are planning to consider East Village and Little Annie's simultaneously because they feel one statement would better address the entire question of future ski area develop- ment. Edwards agreed. Bell added that all alternatives should be considered if a viable stndy is to be done. Edwards mentioned that part of the Little Annie's agreement envisioned considering other alternatives. Kane also brought up the question of a survey concerning the issue of ski area expansion. He asked if this was to be a methodical, planning-oriented survey of the question, or whether it would merely be a popularity contest for local residents. Bell � said they expected it would be a survey to be conducted by the Planning Office, not a popularity contest. Edwards agreed that a technical planning analysis would provide a more complete answer to the question of expansion. Community attitude should be only x ' one factor in that analysis. Ochs reported that Jeff Davis has been speaking to the Red Mountain Nomeowners �� Association about the Hunter Creek access problem. Edwards suggested that Bell determine �? k� if any Forest Service funds could be used for land acquisition for acc:ess, and that the � ' possibility of condemnation of a right-of-way on Red Mountain be ronsidered. He requested `�t i Q that Ochs prepare a full report on the matter for the next meeting. Child also suggested ! t� that Stacy Standley be contacted, since he had some suggestions for possible access � � routes. � F� Bell stated that the Forest Service is having problems with non-commercial snowcat i.� ' � r � ;s, �E fG !' :� � ' . � � � � � �"-'.''�.��:4�'^':T'^ �.� j h:� .�t* ' . _ . ' . ;: �.: . � " � . . . . �.. . ' I.r ':.. . � ......_ ....__.., 1 - , .. S%R.. . ......... . . r�� . . � . � � � � . 1• RECORD OF PROCEEDINGS 100 Leaves ,�,. �...�«�.n......�> U5FS/Pitkin County February 13, 1978 Page Four cperations. They have had eomplaints that these operators are interfering with the commercial snowcat buainess, however the Forest Service has no control over them. He used as an example Dave Farny's snowcat which is not used commercially, but £or promo- ' tional purposes. Charles Maddalone noted that the Ski Corporation has problems with these non-commercial operators also. Child asked if they have the same righYS as snow- mobilers. Bell replied that they do. It was noted that these non-comme=cial operators ` � do not carry any rescue equipment. Kinsley felt there should at least be some safety � regulations to control this situation. Edwards agreed, stating that even though they are termed non-commercial, promotional use is still a commetc3al activity. There being no further bus3ness, the meet3ng was adjourned. Respectfully submitted, �/� �iduJd,�� Liz Stewart, Deputy County Clerk ' ;� - - -----„�.o�..�. .„�...�.a,.w......_-_ ....�.-.:..�weenx,_,.,e:.„+.�-c...c.vc�.�,e:.;.ri�...,:ra„o:,.� .,x e_. ... . . �. T�.,,�,w�y��i�++",,..-.-.__ . . . . . �. � . � �} . . .. . .. . . . 4i '��``.Q_.i,�, Fyt- ii= ��`�^�Zr:� _ ��[, � •`4C . :... �_ � .._- . ..,., ..:...,. . . - .. .,..:,,,. . . .�.. . . .. `_ _- � . Fy.� I� . - . . . � - . . . y�. . � . . . . . . � . . . . . . i � ! WAIVER OF NOTICE OF AND CONSENT TO SPECIAL MEETING OF THE PITKIN COUNTY HOUSING AOTHORITY The undersigned, members of the Board of Commissioners of the Pitkin County Housing Authority, do hereby accept notice of the Special Meeting of the Authority (waiving any and all irregularities in the service of such notice) at our regular meeting place, at 8 o'clock A. M., on the 13th day of Februarv , 1978, to consider each of the following. 1. Proposed Articles of Incorpbration for the Midland Park Condominium Association; 2. Proposed By-Laws for the Midland Park Condominium Association; 3. Proposed Condominium Declaration for the Midland Park Subdivision; 4. Proposed Resolution authorizing the condemnation of easements across land owned by William Staley; and to transact any such other business that may come before the Board at that time. Signed this 13th day of February, 1978. BOARD OF COMMISSIONERS OF THE PITKIN COUNTY HOUSING AUTHORITY / ^ � Robert Child C/-'�� . ichael Cinsley p . ds, . —� � 3 j � � �. � _ � � � �s ;! � �i :: . �:��:�3:� . ,..r�?: � dw�-,Ky.�:.�` .. . s� Y: x� 'I'. � ' " .... . � ir I IIY-LATJS OF TIiE bISDLJ4`VD P21?2K COND0I�IIIQI[IM ASSOCIi'1TION ARTICLE I � N21PiE • ' Tlte name of the organization shall be the Midland Par}: Condominium Asseciatian. . ARTICLE IT ' PURPOS�S 1. The purpose for vrhich this non-profii Association is formed is to govern the condominium �roperty which has becn ar wil.l be submitted to the provisions of the Condominium Ormership • Act of the State of Colorado by the r_ecorcling of the declaration and supplements thereto and maps and supplements thereto bearing the name associated �t+iih this Associa±:ion. ' i 2. �11 preser,t or future o�mers, tenants, future tenants, or any other person tl?ai might use ar h�ve an interest in dIly � i manner .in tlie faci.lities of the project lacated on the property � therc.in described are subject to the regulatior,s set forth in � . � thes�,B,-Laws. The me.re acquisition or rental of any of the . condominiu�n units (hereinafter referred to as "unzts") or the mere act of occupancy of any of said units wii.l signify that - � these By-Latas are accep{:ad, ratified, and will be complied with. ` ARTICL� III ''. ; ` s M�MBERSIiIP; QUORUM; VOTING �.'�. i .� � .. . . _ . . . . .. . °' � � 1. Membershi.��. �ach oianer of a condominium unit .shall � � � � aui:omatically be a regular member of tlie Association. If £e� . � simpZc title to a condominium unit is held by more ti�an one person or entity, the membership app±iztenant to that unit, shall � be sliar�d by aIl such persons or entities in same pr�portionate interest as fee title to the unit is hel_d: Idembership shall ' . termina�e withoui any forntal rssociation �ct-ion �.lier.ever a persoiz ' �' � ceases to own a condominiwn un:i.t. Provided, howeve.r, such ter.minat:ion shalZ noL- relieve or release any su.ch fo'rmer omner , .,� f�.om any liability or ohligation incurred under or in a.ny wa�. -' � connected with tlii.s ls�sociation durinq the period ot such ownership ` � and membership in the Association. Termination shal_.l not impair � ar�y _ri.yhts or rernedic-s which clic unit owners ha�a, eitlic.r th'rough � � ihe Fipard of Direct�rs of ine Assacial:ion or direcily, ag�.ir.:t such Pormer cwner an3 memb": a:-i.sir.y out ci or in �r.y t:>a�� con?zer..t_ed taii:h o��nersilip and membersl�ip and the covenanis and Gbligations inczdent ihereto, 'l. Voi:in�. r:xceot a�. ��rovidr-_ci ucii��rwise iti Llie C�ndonin��im -! Declarati.on, voting �hall Lc L:�sed uia» thc }�crcent.aqe of the undivideQ inL�rest o:ened hy eacli uniL- o�:�iier i.n the general � . t� cor;un:an elera•�:tts. ?+i= c;:rtcr c�f. a,-. �.ind]_J1G'GC� 17{:r,.iCe„t in �.ncl to r ; �, ., r_ci:dcmi�:i.u.m unifi shui.! _ _i�::1, ;:r� a voie �aRual i:o tii_s i!; cn•rr_r:rship intere>:t in such �u�;iL. Cu*nu].ai:i��e voting is p3-ol�ib:itcd. it �. �i ' 3. Prt,�:i� •. Vctes may �e .a�t in L�er:>on t>'r by prqxy. � Pro�ics m� L r� i l.cd wi.ih �Ii!: °ecra�a.i-y befo'rc th� a};j�e:inL•ed '' ti:[nu oi c�.�li n��l�.n�{. ?1 a�, � � �. � � F3 �� . . � . � � i � . . � � .� . I�i: ;� i� '::;, �._.:q,. ,�. ::.. . ....�.�.,. � �:.n.- �'� 1 . ti�YS v�y..R. "qr?;.J .'nivi�,•'s.,��C: , �� r � r.,. �. k. 1. $�S . N � � . . . . � . 4. Quoru?n. One thixd of the vote� entii].ed Eo vote on any matter pi:esent (in pez�on or by proxy) at the meeti.ng i:o considcr a mattcr, or actually voting on the maLter, sYia11 ..�-..- _, constitut_e a guur.um for consi.deration of a maiter (excepL- a� a , greater gercentayc of votes may be required under a spec?fic provision of the Condominium Declarati_on) . 5. Majority. n majority of vat�s cast on tlie matter or, in the case oi elections in cal�ich there are more than two . candidates; a plurality oL votes casC, shall decide the matter. • � ARTICL� 1V Oi�TN�RS' hSE�TINGS; ORDER OF IILISINESS _ 1. Association ResponsibiTi'ties. The owners�of the units will. constitute ihe Associ.ation of unit o�aners, hezeinafier rePerred to as "Z�ssoci.ation", who �eill have ihe responsibility of aclministering the project throuqh a IIoard of Direct-ors. 2. Place of Ifeetin . Meeting of the Association shall be held aL- such place within thc State of Colorado as the Board of Directors may determine. 3. Annual Meetings. The first meeting of the Association shal.l 'be held on Lhe during the month of in the year following the incorporation of this Association. Thereafter, the annual meetings of the Associatzon sha11 be lield on the during th� moni-h of � of each succeeding year, or. on a more convenicnt date as determined by the IIoard o£ Directors. At such mee�ing i:here shall be elected by ballot of the owners a Board of Directors in accordance with the requirements oi Article V of these Ay-Laws. The ocvncrs may also tran�act such othnr bnsir.ess or the Assuciation as may proper3y come before them. ` 4. Special Meetings. The President may call a special . . �meetinq of the o�rners upon his own initiative or as directed by resoluti.on. of thc Board of Directors or- upon receipt of a � petition siyned by at lEast one-third (1/3) of the owners. The notice of any special mecting shall state Che �:ime and place of such rneeting and the purpose thereof. No business except ' as sL-ated in the noi:a_ce sha11 be transacted at a special meeting . unless by consent of tcoo-i�hirds (2/3) of the owners prese�it, either in person or by proxy. Any such meetin7 shall be held at such place and time as the 1?resident determines �aithin ihirty " (30) day� a.fter rec�ipt by tP�e Presi3ent of sur_h resolut-ion os petition. 5. Notices. Bach o::�ner shall be ent-itled Co notice of any meeting at which such owner has the right •to vote. N��tices � of ineetings s2ia11 l�e in ��riting aiid sha11 state the date, cime � and place o£ the meet_inq and shall indicate each matter i:o be voted on a•� tlie nteetiny �•�}iich is Y.no;,n to the Elssociaci.on at the time notice of the meeting is given. Such ne�ticr�s; shall be dc-.live�ed not less tnan ten nor more than iifty day:: }�eforc �'` ih.: date oE the mecting Z�ny notice shall be d�ecned given ana any k�udyet o.r. o�Lez in � -*�s:.�.n ur ma.tcr.ia�. sha.lJ, he de.:�*cc��7 , � , � � ' a;_ tt„� tini�.a co �licrcu� is f.trri..ah�c. c�r clalivcsed to « Y::�_r;� py „f ; :�,c�ited iit t.he m<i1 o�i al. a L-cic Sranh off:ice, �os'ca9c or charges ; � ; j pr.e.�,az;1, ai�It!��s.-,c:c1 i�o �1�e n=txty, z t;1 in an�,� e.�:.nt_, •xlicn :su�li -' i pax•ty ac�ua).l.y r.�ceiures suc.l� noCic��, 111.L'Ui:i?1:1C1Gf1 nr m�tcr�_a1. ' Any notic�, ir��orm:�i.�.on o� raate:c;�,,-L .<:Lal.l be rlce.ned ,;:oLerlY � . aciare,,ed to an o�ar;er 7.f_ :iL• i: ad:' � ,eci ta thc name ::�.�;�1 adcir.•c:ss . i . � . � � � � � - � � _. , _ � . . . � � � � � . ! '8 i k� �z i i� I � ,a�j�.��p ':�,��.�ic' . . �: ;.��; �� _ . ;° :,. ,�f ,� ' i i .... ... .. shown on the mosL- rer.ent wr.iti:en noti.ce of: name ancl address, if -__ . any, furnishesl to ih� Z�ssociation by sucl� OwncY (as provided• in - . ' Paragra��h 7. oF Artic].e .T.X IlEl:l-:0�.°��or if. ti namc: and addr.ess is not so �urnislied, if it i.s z�ddressed "To t)�e Ovmer" at the address of the Con$omini.um Unii of such O�ener. , 6. Adjourned Meetinqs. Sf any meeting of owners cannot be orqanized bc�cause a yuorum has not attended, the owners who are present, eii:ller in nerson or by pror.y, may adjourn ihe meeting, from time to time, until a quorum is obtained. - � ` ' 7. , Order oi P.us9.ness. The order'of business at the annual meeting of the o�aners of units shall be as follows: .. � (a) Roll call and certifying proxies. � � , � <� (b) Proof of.notice of ineeting or waiver of notice. (c) Reading and/or disposal of unapproved minutes. (d) Reports of officers. (e) Reports of committees. (f) ]3lection of managers. (g) Unfinished business. . (h) New business. (i) Adjournment. . i ARTICLL' V . I �I , BOARD OF DIRrCTORS , - I. Numt�er and Qualification. At t-he first meeting there sha11 ue elecied not less,than tliree (3) nor more than'five (5) members of the Association to the Boa�d of Directors who shall tt�ereafier govern the atiairs oi ihis Association until their :successors have been duly elected and qualified. ` � � 2. Posvers and Duties. The Board of Directors shall have � the powers and duties necessary ior the administraiion of the , � aff-airs ot the 1lssociation and for the operation ancl ntaintenance 'i of the condominium project as a first class r�sidential condominium property. The Board of Directors may do al.l such acts and things ;��, except as by law or by tliese IIy-Lac•rs or by the Condominiurn beclara- ; .� �tion may not be delegated to the l�oard of,Directors. ;r , . ;��; � 3. Other Pow�r� an� DutS.es. Such po�:•ers znd duties of � the 73oard oi Di.rectors sna].1 inc7_ude, but �hall not bc limited l'i �o tlie follo�nng, all oi wh�.ch shall be done forand in behalf ; of ihe owners of thc condominit:nt vnits: , j� (a) To adminisCer anQ enforcc tl�e covenants, conditions, ' � res�rictions, case,nenc;., u �s, la,mitaii.ons, obligations and ,; a11 otheY. pLpvisiu;is sr�i; ioitl, � _?,. ��ndc?m.ir�.i�.im Dec].aration � �i sui�mitting tl�ie proper.t.y �o th� u?c,��...icns nf the Condomi.ni.unz � _: �i O�•m•_._-s:;ip _�ci: ui th� :;t;rtc of Cc�lorado, thc i3y-F,aws af the 3� ; Rs�;o::iation air� �uo��lem�.nts and �m�ndments t,hereta. j � (l�l 1'0 , �_;��J.ish, ma':� �,.nd e,�FO!_c� cem�?7.iance wil.h . � s� c 1, �.u'� �tr•:i r�gui i i��us i m y t��• ne�c. ;.-y ;ar. tlre use ard r,u u�� n� , ��i � lJ, n� tL � �:,tycomlr: u� i�nti ii.i.h l:h:� ii� ht to �� a�._.�n .....ii.� x:�:u� r.:�m� i o .,.c. _. c� n.f o� _.ac.h rul��> ��.nr_i recltxlt,tion:; i; ::li,i]1 ;u c1c:.L'sti•��:n_c! cr. !��ai.1,�:i i.q .cac::� mr•:�ib��r upcm the adopL-:ion ,�` � 1:}ti.tTC<�fi. � �; :x - - � I,. . ' , ,;;. , ;r t . ia ��P..i,.3,Y-..: ..::.. _n �_:.a...?F ,�.:,:Jf. �..�., '_:i . � �.y Y��yr; . r �: Pf +�^I�� . � . ��"r � Y1•. . i . . i: . �. : ..-:�'.. . ,_-:�. .:�..��. ..�... . ._..�... . .... ..,... :Y:,, ,' ': �� : " . � � . � - . J': .. . �ty ' . . .. . . . . ��, '., . {c) To incur euch Costs and expenses a.s may be ner,essary to keep in yooci ordcr, condition and repair al.l of . . tlZe generzZ and limi.tecl r.ommon clent�nts and a1Z items of convnon , perso��al pruperty. . � (d) To procurc that insurance required by the Condomini.um nec].aration and ariy and all other coverage thought desirable. - (ej Te prFpa.*_-� a bud�et: for the condomini um, at 7.east � annually, in order to determine the amount of the common assess- • � . ments payable by the unit owners to meet the common capenses ' i of the condominium project. , � � � (f} To col).ect delinquent assessments by suit or ? � ` � otherc+ise and to enjoin or seek damayes from an_owrrer�as is� � i ' � pxovided in the Declaration and these IIy-La�as. ' ' J ( � (g) To protect and defend in the name of the Association `' t any part or aIl of the condominium project from loss and damage � by suit or otl�er�,ise. .. . `�.:{ . . . . .. ' ` (h) To borroz� funds zn order to pay for any expenditure or autlay required pursuant to �he authority granted by the. ' provisions of the recozc�ed Declar.ation and these By-l�aws, and to execute all suah instruments evidencing such indebtedness as the Board of Directors may deem necessary and give security therefore. � (i) To enter into contracts to carry out their duties and powers. (j) To establisli a bank account �z acr.ounts for the common treasury and for all separate funds Fahich aze required or ' ; , may be deemed advisabZe. . `` i (k) To make repai.rs, addit•ions, alterations and I ' improvements to the general common elements consistent witlz � managing the condominium project in a first class manner a•nd . � consistent v�ith the best interests oE the unit o�aners. ,:: � y (1) To keep and maintain Eu7.1 and accurate bool:s and _ ! records showing all of the r�ceipis, expenses or disbursemenL-s + and to cause a complete audit of the books and accounts by a i certified or puhlic eccountant once each year. j (m) To prepare and deliJer annually to each owner x � a siaL•ement sho4ring rec�ipts, e�penses or disbursements since � the last such staLement. (n) To meet az leas�t twice each calendar year. , (o) To desiqnate the per.sonnel necessary for the ,`: mainienance and operation of the general. anci l.iinited comrnon i� elerucnts. _ � j; . . - . . - - . ''` (p?� In gener.a]., to carxy on the admiriisiration of > i> ., tl�is Associai:ion znc] to do al1 ot t.hose things nec�ssury a;icl rezsoniL-1� in o-rde-r t-v �-- � o�:t i:l?e gover�i•r,g and the epei;t.i_on :; of �hi.s condoninium prope.r.ty. � x �. ��' (��? 'i'c� cor.�rc:l 2:d snariao�., tLe iise of all pa.r.l:ing areas � : (rl To anl��': cr e;n7,�o,y a ri-ine�qing aye��t: L-v c�:,crci.sr � an}� and til.l. ��o�.ae�s o._ t?�e �varcz of Dir.c�L-oa�s. � ±� - ^ - � � ,, .. . f � j ;� r } i `j ' ..... .e._ .,.��,.�� .,_.:. . , , .;: .., ;-„ ..,:..,,... . >F _.� :.:, . . ,. ., .. . .,, .,.;, , ,:..;. K f;4-�iL f�"�,t: ��o'`da"`� . � j; �a . . , 7; *� � i ,Y} :� �1. The provisions of Section V 2 notwithst-anding, the � r.i.,qhts, dutics and iw�ctions oi the Doard of Direci:or� may be _ _ eYc-rcised by the P.ii-}:iii Cotxnty Iiousinc7 tlutliority (at i'ts option) unti.t'the development• �f- the tdidlattd Park Subdivision has been . - completecl and the date of L-i-�e fifth annual meeting of the Members of ihe Associ:ation or the date the Authority owns fewer than £ive (5) w�its, whi.chever first occurs. , � 5. No Waiver of F.iqhts. The om5.ssion or failure of the Association or any condomi.nium unzt oomer L-o enfoice ihe covenants, condition�, restric�ions, easements, uses, limitations, obligations or otlier Pro�risions of the Condontinium Declaration, the By-Laws .� ` or the house rules and regulations adopted pursuant theieto, shall not constitue� ar be deemed a waiver, modificati.on or ' s` release thereof, and the Board of Directors or its managing agent shall have the right to enforce the same thcreafter. 6. Flection and Term of office. At thc firs•t meeting of the Association tl�e term of office of one Director shall be fixeci for thrce (3) y�ars; the ter:n oi office of one or two Direci:ors sha11 be fixed for two (2) years; and the term of ` . . office of one or iwo llirectors sIZa11 be fixed at one (1) year. At ihe eYpiration of i:he initia,l term of office of each respective Dzrector, his successor shall be elected to serve z term of three (3) years. The Di.rectors sha11 hold office uni;il their, euccessors have be�n elected and hold their Eirst meetinq, _ excPpt as is others��ise provided. . 7. Vacancies. Vacancies in the Board of Direct'ors caused • by any reason other than tlze xemoval ai a Director b�� a vote of the Association shall be filled by vote of the majority oi the remaining Directors, ev�n though they may constitute less than a quorum; and each person so elected shall be a ; Director until a successor is elect-ed at the next annual meeting ' ' , oE the Association. . � . 8. Removal o.L• Di.rectors. At any reyular or speci�l meeting . duly called, any one or more of the Directors may be removed - � with or �vithout cause hy a two-thirds (2/3) majority of the , owners prese�?L in person ar by proxy. Thc-:reupon a successor may ihen ancl there bc elected to fill the vacancy thus created. Any Director whose remov�l has been proposed by t]Ze owners shall be qiven an opportunity to be heard at the meeting. 9. Orc�ani.zation DSeetin�. The first meeting of a newly elected 23oar@ of Di_rectoss followi.nc7 the annual meeting oi the unit awners shalZ be held inmcdiately follosaing the annual meetiny at such place as sha1Z be fixed hy t1�e .Directors at �< the meeti.ng at which. such llirectors were elected. No notice shall be necessaxy io the n�caly el.ecied Disecto.rs in order legally..to constitute such mee{:ing, praviding a majority of the ''. v�hcl-e. l3oard sl�alb be present. ,i ! � � 10. P.equla�: Meeti.nq,4. RC�jiilc2Z' mcetings of ihe Board o� � Director;; n�.y be hc].d aL- such tin� and place as sha11 be determined, ti from t:.me i.o ti.me, by a mrija-r.i.ty of tha Di.rectors, but at leas� i� � ivro snch mc-e�ings sha].1 be held dur_iny cach calendar year. + '.. i Notice o5° regular meetinys of tlu� Soard of- Direc'cozs shall be �;; iven to �acl� )�irectcl7�; r,�rco� i !v or by �? ' R _ r�iail, telephonc or �; L-.%•Lec7'raPi� at Ie:a3t .,�,�ru� {7) c..:j:. ;:r�o�� i:c i-t�e ;lay n,�med L'o� � such rnc:eti.ng. ! : - � . 11. f;n, t i 7. ISe�c�.n� , ;-t3}a�i.�:L m��:i*r�s of t.he 7;oard at Dir.eator� r�-, t>e c,_1!.e_3. i�y•t]?�� P�cr,�,ic:�=ui: on �hri�e (3) days r�ot.ice to ��c ii Di:rc tc,r., ��i�::.r. �:�c�r;s;,rT,J. r 7 or by ;n<.i7., tc7.ephc�ne or. � 1�.��:c�i<ipi:, ?_i� ._�i;<�c_ .,:ie�1' .. ti_,: t:}�� t:;_�!:;:, p'��ce (z�s herein- ' �1>,a: l.,rw.i� ) : u �;,a�.��> , , �i:�_ r�c. .i.n:! :;(x r� �1 me�r.�.i.:iy:; nf' 1 �_F:�.. li�?.'?j'a Cl.l L_..1.'C i..(.i:'. .;�.�..11 :J.� C�lJ.,�l.Ci Ul� tAll? ��L4.�.LC�C.I��: OY � � , ' J f i I � - . -- 1 � '.I . . ... .... :..`�!!�*.t�� .. _ — - .� -- .R„,<. r C' "� �'��,�;� ` :�:�' _ � �'' , . �• Secretary in like tnanner and on like notice on the writt�n request of two or more DirecL-ors_ �2. l�aiver of Nnti.ce. i3efore or at- any meeting of the • Hoard of Directors, any llirector may, i.n �vriting, waive notice of such mceting and such �aaiver sha.11 l:�e dcemed equivalent L-o the giving oi such noticc. Attendance by a Director at any • mceting of the Boar.d shall be a waiver of notice by him oi the � time and place thereof.. If all the Directors arc present at an,y mcet5.ng of tlie Board, no notice shall be required anci any - -' business n,ay he transa..ced at suc:: meeting. 13. Board of: Directors` Quorum. At all meetings of the . Board of Directors, a majority oi the Directors shall consti•tute a qu�rum for the transaction of business, _and the acts oi .the majority of the Directors preseni:, at a meeting at which a quorum is present shall be ihe acts of the Loard of Directors. If, at ahy meeting of the Board of Directors, ihere be ].ess �han a quorum gresent, the majority of those present may adjourn the meeting irom time to time. Ai: any such adjourned meeting, any business which might have been trans�cted at the meeting as . originally called may be transacted wiL-hout further notice. 14. Fidelity Bonds. The Board of Directors may require that all officers and employees of the Association and the , managing agent handlinq or responsible ior Associ.ation Lwids sha7,1 furnish adequate fidelit�� bonds. 7'he premiums on such bonds shall be a common expense, . 15. Compensation. No member of the Iloard of Director.s shall receive any conipensation for acting as such, but s}iall be entitled to reimbursement iar �ny actual out-of-pocke� expenses incurred in the performance of his duties. . � ARTICLE VI OPFICERS 1. •Desiqnation. The ofiicers of the Association shall be � a President, a Vice �resident, a Secre!-ary and a Tzeasurer, all o€ �+rhom shall be elected by the Tioard oi Directors, ancl such assistant officers as the Doard of Directors shall., from time - � to tiune, elect. 5uch officers need not be memb�rs of 'the Board . of Directors, but: cach shall be owner of a condominium unit in thi.s condonini_um project, or the, declarant, or tlzeir_ xepre- sentative(s) . The ofLices o£ Trelsurer and 5ecretary may be . .� held by the same person. : ! 2, rlection oi Officers. The officers o£ the.'Association: � s12aj1 be e_lecte@ a:iaually'by tlie Doar1 oi llirector, at the . � organizational meeting oi each ncw Loard, and shall hold office at the pleasure of the Board. ' � 3. Renioval oi Uy`f:icers. Upon an affir*native �Tote: ef a � majorit�• o£ the mc:;cLer.s of t}�e Hoarci or Di.r.ectc>rs r,r a tw� th�.r.c's (2/3) maj�sri•�y vote of_ tlie members, any officer may be r.c_r.:;•a�tl, : � eil-her v�i.th or without caezs�, Iiis sur.crassor map br_ e7.eci_:•3 at any r.egui�r meeting cf. th� 1>c�a?-d oi- Direc�or.s o.r at any s�-c:�i.a1 i mcc+;.ing c� L-1:e }3o'a*_c� c�Zlcci i:�.c :.uc'1 ):�u�;::.::,::. � 1. Fresic:cnt. '1'hE I•r�siden�. e.h;�]7 Lr� il,c clii.et ca:�cirtive � I -----,-- s� � , af.fzcex of inca �..::;nci.:�i:ion. 71e �i.].1. �,*:c��ide ac a�]. meet:i.nq<> oP. ihe �� F�<;socia' ion �,nd �i t}:c Iio�:rci oL- Di�:��CLvrs. Ilc ;hall Lave� 111 oi the $ � �r, po•zcrs anci ,.iuti.c, �•:�i�+'.cn aLe u:i.ta).3y v� , t.rd isi t'�c of.'f.i.cr_ _ � �Tc.,_ra.l , � � � t � ! - 6 - � � � i � i ; i � ...,......__, ,..___ ...,.:, .,.r::..; �... .�.�: ., _. , ,.;.: . .. _.:. . _ . ;.. . ,� , _ , �,�_ .�� • k �.';i .54' �_.�: _ � . J: of president of an association, inc].uding but not li.m5.ted to the po�ae.r. to appoint commiti:ees f.rum amony the owners f.rom ti_mc to, time as h-n_ map in his disrretion dec.i.de is apl�ropriat� to assi:st ' in tl�e conduct: ef the aff-ai.rs of ihe Associ.ation or as may be established by the Board or by {:he members oL- the Association at any regular or special meetings. 5. Vi.ce President. The Vice PresidenL• shall have all the powers and author.ity and E�erf:orm all the functioiis and duties of the President in the absence oi the President or his inability - for any r.euson to exercise such po�oers and funciion� or per.form . such dttties. 6. Secretary. The Secretary shall lceep al.l the minutes ' of the mEei:ings of the Board of Directors and the minutes of al.l meetings of the Association; he sha11 have charge of: such booY.s and. pape.r_s as the Doard oi Directors may direct; and hc shall, in general, perform all the cluties incident to the office of Secretary an8 as is provided i.n the Declarati.on and the Ry-Lao�s. The Secretary shall compi.le and'keep up to date a complete ].ist of. members and their last ]cnovm addresses as shota�i on the records of the Association. Such list sha11 also shoca opposite each member's name tl�e number or otlier ap�?ropriate designaL•ion of the unit 'o�aned by such memb�r, the undivided interest in the qeneral common elements. Such Iist shall be open L-o inspection by members and other persons lacaitally entitled to inspect the same at reasonable timcs. . 7. Treasurer. The Treasurer sha11 have responsibility ' for Association iunds and shall be r.esponsible for keer�ing full and accurate accounts of all receipts and disbursements in boolcs belonging to the Association. He shall be responsible for L-he . deposi� of a.11. monies and other valuable effects in the name, and to the crediL, o£ L-he Association in such depositaries as may from time L-o time be designated by the Board o£ Directors. In '� - the event a managing agent has the responsibility of col'_ecting . and disbursing iunds., tl�e Treasurer sha1.1 review the accounts of � . ihe managina ag�ni not less often than twice each calendar year. • ARTICLE VIT IND�LINII'ICA.TION OI' OPFICPRS, DIREC'PORS 11ND hLA19AGIhG AG�LdT � 1. Indemnifir_ation. The Association shall i.ndemnify every Director, oific�ar, managing agent, �heir respective successors, personal represeatatives ai�d heirs, ayainst alT loss, cosi� and f• expenses, including counsel fees, reasonably incurrc.d by him in connection with any suit or proceeding unlc.s� i-ound liablc for � gr.os.^-. ncgl.i.gence or willit?1 miscondnct. In thc event of a set'L-le- 1 ment, indcmnif_i_cation sha11 be provided onl�� in connection with - � such matt�rs covcred by the seit]_e•ment as to which th� Associ<ition � is advi.sed by counsel t1Gai Lllc^ person to be indemni Lied has not � � be.en cmi..l i.y of: grass necTligenc� or cai 11fuZ mi.scondt:ct in the � ; perfar�uair_e ot i�is dui.,y a ucii 7�.rC=Ci;C�, offi;:cr or rnanugi.ng ' agent in rel.atiori to the m ibtcr invr�lved. The for�goin� righis � sha7_]. not• be esclusi.vr of ot-lier righL-s i:o c•;hich sucl. Dircctor, � officr:.r or mc<naning agent may be eni.itled. A1.1 li.ab:ility, 1o"s, g 'rV, 'da;.nay-�, �o:.�t � � < ,: �_�c� .�r.r� ? :ei �ci, �rr,:: ';� : :•c;c��:�;i.r•r. ; hy r.ca:>on oi �.it�i.ng out• u� cr. ,.,i cu;,si�...±ion w9ti-i, ih�, Lo.r.egozny � indemr.ifir.ation �r.evi::i..�n� shal.l l:,e �rcaT�'�d and hardled l;y thc: '� � . Assor.ia��;c�2 a; c�,m;uor� e::�•�nsr:;; I�r.��:��::tcd, ho•,.�evc.r, l.lial- rioth9.ng � � in th.i.:; ?�r'L•�c:le VI.T. coutc,ii�^d ::l�ri11 I�c° cic�enic:l tc,� obl�g:.te. th� � f � � � . .� � ., '] ... -, � � .q� . . � , . . _ , . . , � a i � I � ! ; { ,,' . . �,....... _...�, ....._ �n., ...,a.. ......, i. ..... .,. .. . . ... ...,. . ,.,. . . .. . .,-.. . .. .;�'P, _�w,> � � - , �t�' . ," - � Association to indemnify an�� member or o�aner of a condominium � unit. �aho is nr has Ueen a Director or officcr of i:he 1lssociation � teii:li resper.t L-o any dui:ies or ol�ligations assumed or biabilities ..•. incurr.ed by him under and by vir.tue of the Condbmini_um Ueclaration. . � � 2. Ot}:er. Contracts or other conm�itments made by ihe Board ' of Di.reci.ors, o£ficers or tlie managing agent shal.l be made as ,�'� agent for the unit o.�nei-s, and they shall have no personal respon- � sibility on any such contract ar commitment (exccpt as uniL- owners), � and ihe liability of any unit oc,�ner on any sach c�niract or commit- � ment shall be limited to such prQportionate share of the to�:al � - liabi].iL-y t-hereoi- as thc common interest of each unii: owner bears � to the' aqgregate common interest of all of the unit owners, cYCept that any lo5ses incu�-red because of an inability to collect such propori:ionate vnowZt of the total liability owed by an owner shall be shared proportionately by tlle oiher owners. ; AP.TICL� VIII 11MENDM�NTS TO J3Y-L13TaS These �iy-Laws may be amended by the Association at an annual meeting or ai a duly constituted special meeting for such ' . purpose. The votc oE a two-thirds (?/3) majority of the owners present in person or by pror.y shall be required for amendment. ARTICLE IX . • � rVIDENCE OF OP7N�RSI3IP, R�GISTRI�TION Or MAILING ADDR�SS ANll D�SIGNATION 01' VOTTNG REPI2ESENTATIV� l.. Proof of O�anership. �xcept for ihose o�•mers who initially purchase a condominium 11I11L from dcclarant, any person on beconting an ot•mer of a condominium unit shall furnish to' the managing �gent or I3oard oi Directors a machine or a certif.ied copy of the recorded - instrument vesting ihat person with an interest or oc•�nershiP in , . � the condominium un.it, whi.ch copy shall remain in the files of the Association. • 2. Regi_stration of Maili.ny Address. The ocaner.s or several _ ( owners of an individual condominium unit shall have one and the same r_egistered mailing address L-o be used by the Association ior � , mailing of morithly statemcnts, notices, demands and all other comruunications. Such registered address shall be ihe only mailing add.ress of a per.son oz persons, firm, corporation, partnerslxip, , association or otlier legal entity or any comb:ination thereof to be used by the 7�ssociation. Such registered address of a condominium unit oo-rner or oc•rners� shall be iur.nished by such owners to the • managing agent or IIoard of Directors within fifieen (15) days af..er transfer of t9.tle,.or. after a change of address, and such reyS.stration shall be in written fc�rm and signed by al.l o= the �, owners of the condomini.um unit or by such persons as arc author.ized ' by la�a to represent tiii: inte.resi: of (all of) ihe o�•mers thereof:. . ! 3. llesignatio n cz Votiny Rc r.esentation - Pro�. If a ; condominium unit :is o�anea by oazc par,on, his riqh� to vote shsll ; be establ9_s�ied by the recorrl tit.'le tlir_.reto. If titic: to a I condorninium v�it is hc]d Ly mc�re than or.c ��crsou u: Ll a Eirm, ` � c:�•�ror.ti=cn� � i i _ o :.. t i c�n, or otrFar. :lec� i l c.,: •+:.y, p.r. i.ri,• curnhi.naTi.c?ii th:sr_r i,i, :, � h o;�, i•; stia'f.J. c.>:ecu�l'e a piorl � ap�ou�t:�nc� �ncl nuLl�� t ��q �;;�c� pci on or �l�ernn�:c r� r �c�;!s to i aticild all ,n»�Z' •nu �,rc::iaL rnc•rL nj^ oi membcrs a�id tber.eat to � i ra t �ahuLcv�:- vci.e th`� otvner h;_�;�.��.lf: m?r�l�t �a,i- if tic were !� p�i.s�na.l],�, 1�:es<�nt. :;'uc>> l�ro-:� :;hall b: .:ttc�r_avn �ind re:inuin in �' � � � � . % ' - ti - � � � i ' e� � � � �� ; � � � � .�,,,..�......._. ��......_..,_. : _.,�.� .....�..:,,�.. :.,..,.� ,:: ,,... ...._ ,.,....,. .... ,,.:.,:,. ,. ::-: . ;i 5 ;"�.: +;�;: -,-�,.�,. , �'a r... � � . r _' � � . . :. .;: . ... .,.- , . . � . .�. � :.: �'.. , a :� . . . _ ..� �. . •. �� . . . .�.�.��:. :...... . . ..... .. ,.-. :, . . . � . . . ..t�. -ce t l� - � foi tn. .ss voluntari].y revoY.ed, �mended or sooner terminated by operation of- law; pzovided, however, thtit w5.tiiin thirt�� (30) days . _.._.._ . aftei such revocation, amendment or tcrrnina�ion, the oianers shall- reappoini: and authorize one person or aliernate persons to att•end � all annua.l And special meei:ings as provided Uy this Paragraph 3: 4, belin uq encY. No owncr shall have the righL- to vote �i.n person or by proty at an annual or special meeting oE the members of the I�ssociati_on who is delinquent in the payment of an assess- ment made against him. 5. Good Standing to Vote. The zequirements herein contained in this Article TX shall be first met before an o�aner of a condo- minium unit shall be dee.med in good standing and entitled to vote at any annual or special meeting oi members. - ARTICLE X ' OBLIGATtONS OF THE OWN�RS • 1_ Assessments. �11 owners shall be obligated to pay the monthly or quarterly assessments imposed by L•he Association to meei: ihe common expenses. The assessments shall be mad� prorata according to percentage or fractional interest in and to ihe � general common elements and shall be due in aQvance. � 2. Nofice of Lien or Suit. An owner shall give notice to tiie Association of every lien or encumbrance upon his condominium unit, other than for taxes and special assessments, and notice of every suit or other proceeding hhich may affect the title to his condominium unit, and such� notice shall ve given in writing within five. (5) days after L-he owner has knowledge thereof. 3. Maintenance and Re�air. , (a) Every owner must perfoi-m prompL-ly, at his own expense, • all maintenance and repair work within his own unit which, if � ' ' omitted, would affect ihe appearance oi or the aesthetic integrity • of part or all of the condominium project. (b) Zall the repairs oi internal installations of the � . unit such as water, ].igh•t, gas, power, sewage, L-elephone, sanitary installations, doors, windotas, electrical fixtures and � _ all other accessories, equipment an�l fixtures shall be at the owner's expense. • k " (c) An ovmer shall be obligated to reimburse the Association promptly upon receipt of its statement for any expendi.tures incurred by ii: in repairing or replacing any general � ar limited common element damages L-y his negligence or by the • negliyence of hi.s tenar,ts or agents or guests. . �1. General_ - (a) Lach owne.r sha11 comply strictly with the provisions of the recordel Condominium Declaration and ihesc Ey-Laws and amendm�•nts thcreto. : (b) L<�ct� o�;��;,r �;h:si.l alt:.iyc endeavor to ol>,es:c: �nd i.ro:-•ot.c: ,Yir_- coor��rativc� rui:}ao eu :c..� Lh� accom}?li�hnc�»t of which � tliis cnndorninium projeci: :aa bu:i:LL. ;. Usr oi Gr.r.cr.<x] Ccnun-�n i;lements and Limitecl Coro;non I?lett:ent:s. Ezic.i� Uh'ili.r iII::\'ii:c i_kic �Lr:c.rc�l cci;i::icii r:�um�r�.� the ].im:�ti:i��r_�r�e�t„t7 el�!�r:esuts, ..,:dr_�du�.i;�;, ��aC11tr�:�S, rc;ada �l',3 �trcct:: aniz c+t:p;�• ��C.r.ciicir: c:;�rnc-:trc.:. 'I.�:::_,l:ed t:�i.Lhin l:h�� entisr. condc;nt.in_.um prc�j��ct :n ac;:�oucL:incn �a�i:li i:li�• ��ur�>oe�c� f.or t:liicli th�p :irr.e ir�tc:nded �•�i.i�.hc,ut bi.nd�_r:in,_� r�r �nca-oactii�:,� up�n {:l)G• 11tJ1:U1 ric�l�h.s af Chc -- j ^ � ,, �,'��' .4.: --� ��--------- '-,;>;F,"'y"'..� _ :.`'Gc� _ _ • �a �. a ;:; � ot•l�er ocv�ne.r.s, and subjec.f to the rules and raquZativns conLained in these 13y-Laws and e�tcxblished by the Boar.d of Directors as herein provided. • • •_ • • � G. R^i�ht of Entrv. (a) An owner shall �ind does grant the right of entry to the managing agent or to any oL-her person auL-horized by the Board of Directors in case of any emergency originating in or threateninq ; his unit, whether the o�•mer is present at the time or not. ' (b) An owner sha].1 permit other owners, or their rep- : ' resentatives, to enter his wiit £or the purpose of performing installations, alterations or repairs io the mechanical, el.ectrical or uiility services whicl-i, if not performed, would .affect ihe use . � � of ot-lier uni.t(s); provided thai, requests :ior 8ntry:are.made.in •: advance and�tll�t such entry is at a time 'convenient to the,owner. :' In case of emergency, such right of entry shall be immediate. " �- 7. Rules and Re_�ulations. The Board of Directors reserves the poct�er to esiablish, make and enforce compliance with such rules as may be i�ecessary for the oper.ation, use and occupancy of this condominium project with the right to amand same from time to time. Copies of such rules and regulations shall be furnishEd to each unit owner prior to the date when the sal.e � sl�all Uecome ef.fective. • 8. Destruction and Obso7.escence. Each owner, upon becoming an owner oi a condominium unit, thereUy grants his po�-:er o£ attorne}� in favor of the Association, irrevocably appointing the Association his attorney-iirfici: to deal witl� the owner's , _ condominium unit upon iis damagc, destruction or obsolescence, a11 as is provider3 in the Condominium Declaration. ARTICL� XI ASSOCI�TION-NOT P'OR PROrIT This Association is not organized for profit. No member; member of the Board of Directors, officer or person from whom ihe Association may r.eceive any property or Eunds shall receive or shall be lawfully entitled to receive any pecuniary profit from the operation thereof, and in no event shall any par_t of the funds or assets of ihe iSssociat�.on be paid as saZary or compensation to, or distributed to, or inure L-o the benefit oC• any member` of the P,oard of Directois, officer or memUer; provided, howe�rer, alsv�ys (1) that reasonable compensation may be paid to any ; member, Directo� or officer while actiny as an agent or employee of ti-�e Association. for s^rvices rezzdered in eifeciiny one or � more�of the? purposes of• the Association, and (2) that any memUer, Di.r_�ctor or officer rnay, f.rom time to time, be reimbur5ed far his actual an3 reasonable er.penses incurred in connection with • the adnu.nistration of the affairs oi tl-ic As.;ociation. . � ARTICL'L•' XII - INSPECTION Qr PS'CORDS; STATl?f9Gr77' OI' 11CCOUI4T i.. tn :t.:iat, oi 1,•:::;�i_iis. . . ��o<sQ oi' liirectors or . � „ . ». r..:��-------,- - manac�ing acrr.n�, a�; t�.l:�. �a:.-.c rra;l l;v� �:hall k_«p cleta5.led accurate rc-c�,r.�is of. the recei.pLS �in�� er.nenrl:��ii'res a:�5`.c�cti.ng tii� genera.l ar.:l l.i�nit�.d cn:nmon rJ.e�ueaits. S;u�:lx rerorcl> authorizing 'the pal•m.<,nts shall }��. rT;iln��i _ :Co:- �.>_:iminai:icn hy t.i�e w�:i_t otvners ai. con- vcni.cn� w<��,kday l-,i.t�i.nc:s.: iiottr.-�. .. 7.U - _ u .__.....__..__.._.__.... ....,.v..:.��._:>�:;�k..». ..c,,.�� . _ ,� .,, w............... � .. ..__. _....� ... .. , , �;.: . ,s x'.�%�: _ _ „� __ , � „;;;::°';` :� .-� . , , � --- ' -�>. " ,-; A: r< tr; ?� - � ' 2. Si.atement of Account. U�on the payment of a rcasonable fee as determined f-roni i:i.mR� to time by ihe Association and upon written request oi- any owner vr any person �•�i.th any riyht, titic • .' ar intcrest zn a condominium unit •or intendiny to aaquire any . . right, title or interest in a condominitun unit, the �oard oi , Dirnctors or manaqi.nq agent shall fttrnislt a wri_tten statement of accouni setting iurr.n ihe amount of any ass�ssments, cliarges, iines or penalties, if any, due or accrued and then unpaid with respeci: ta � condominium unit and the amount of the assessrt�ent ; for ihe current fi.scal period of tl�e Associati.on payaUle taith �. respec'� to �he condc..�inium u�iit, �ahich statemeni: sha].1, �vith. respect to the party to whom it is i.ssued, be conclusive aqainst the Associati.on and all parties, for a11 purposes, that no greater oi other amounts ��ere L-hen due or accured and unpaid. ' � .' ARTICL� }:IIT _ . -. . R�STRICTLONS ON SALF �ach condominium unit shall be subject on sale or leasing thereof to any and all restrictions imposed by the Pitl:in County IIousing ?futhoritp and contained in a right-af-first refusal (rumiing to the bene£it of the Authority) or any other document of record ��ith the Pitkin County Clerk. and Recorder. ARTYCLE XIV EXPANSION OF PROJ�CT 7n the event that new or additional common and limited common elements are acquired or constructed, they shall become part of the riidland Park Subdivision and all o�aners shall own _ :the samc proportionat.e undivided S.nter.est in such corru�on aizd limited elements; slzall assume th�� same proporti.onate share of the cosis L-hereof; and enjoy th.. -:eme proportionate voting rights _ with respect thereto as establ`_ 1 in the Condominiwn Declarai:ion and these By-La.ws for_ exis�_ng ,n and li.mited common elements. " IN WITNESS ihHEP�E;OP, tl�e w�..• :signed Board of Directors have hereunto set their_ liands this _ _ day of , 1978. Board of Direc.tors: . .. Thc undersigned Secretary of L-]ie i9id'land Park Condorr�inium • Association does iter�by certi£y that L-lie abave and foregoing By-Laws c•rer_e du].p r�dontecI by the Board of D:saci_ors c>f „�i.d - � - F:SOC_1::1.U:1 Oli � � )_n-,'a � . . AT'P'::.._. . . . . . . ��_Si:�1"6��Fil=�r--------•— . — � �- - • .. � i.�i'C�.il.� . � . . . .. . . �� . .� . . � _ ,JI _ .. . . .. . •- .. . . _ : � . . , . . , . . a. . y _ --..._____,_....._ __,.._ _ _...,_.__._�_ _._....._._ ._.. 3 _._..._. _._. �S ...._._._.. �..__�.._.-- _ _,_ _?r.:e,,,,,. .,,.�,.,.. � : �-E��k_�' ' . , Tr,., ��. , . . . a: . .. .. . . . . .. .. _ . . . . . .. . . .. . . .. . ,.. �, - � . - - : � � _ ' - . � . _. . . . � �� . cor�nocfri�TOns nECLniu�r=oN FOP. TEIfi NIllLAIdD Pe�RIC SUIIDIVISION � ' 4'fIJB DECLARI�TION i.s mlde ihis day of r 1978 by ih� PITKIN COUt7TY HUUSING AUT1iO12TTY osganiced pursuan� tv the provisions of C.R.S, 1973 Section 29-4-501 et seq. , I'. DEPIN7TTONS 1.1 Dec].azant. "Declarant" means ihe Pitkin County FIousing Authority. . • - 1.2 Rea1 Prbp�rty. "Real Property" means ��He real property locate s.n Pitkin CounL-y, Colorado, described in Exlzibit A attached hereto, togctHer with all rights and interests appurtenant thereto. 1.3 Bui]_ding. "�uilding" means any building consiructed � on the Real Property. 1.4 Project. "Yroject" means the Real Property, the Rui.ldings and all oth�r impro�:emcnts on the Real Property. 1.5 Condominium Map. "Condominium r4ap" means the Condominium hiap or Midland Park Subdivision filed or to be filed in the record.s in the offi_ce of the Clerk and Recorder . oi Pitkin County, Colorado. f , 1.6 Condosiinium Unit. "Condominium Unit" r.ieans an ind.ividual air space unit of any multi-family structure ' , (cunsistinq of an enclosed ropm or rooms occupying all or � �� i part oi a Eloor or floors in a nulti-family building) or ;'j a d�oclling unit of any si.ngle family or duplex structurc. The. Condominit� UniL- zs shocan on tlie Co.^.dornini�i7 idap and is ider_tified thereon c•iith a number. The boundaries of each '� Tndividual Space are shown on the Condominiun Diap by lines - along the �valls, iloors and ceilings c��hich mark thc p�ri.meter � boundaries oP thc: Tn3ividual Space. The e�:act boundaries 'I of an Individual Spacc are the interior suriaces of such kalls, i.lcors and cei.lings which marl: the perimeter. boundasies and, those found along �uch �va11s, floors and cc.ilings, the ji: interior. surfaces of windoo�s and doors in their closed � posit.?on, Anp Cummon Elements, as hereinafter deii»ed, ;� � which may b� �aithin an'Individual Space shall not be part � of the Individual Space as o:uned by the Owner of the Unit of c+hich the Tndivi3uul Space is a part. Any Common �le:nent, ' � ;' as herci,nafc.er dcfinc3, uhich �Zy consi.st of an enclosed room or ronms �}�a17. nE:�e.rrl�cl.ess remain Cor,unon Blernents , even if rumbcred lil.e. an Tndividual Spar_e on the CondominiLtm ', t�ap. : ; . 1.J- COLlL1011 ls]er��e,lts. "Cam,1!rn Ii"lewents" �e�ans a.l.l cf thc P.roject, except L-iic porii.en:: the.revf which constitute �� C:ondominium Uni.`s , and al:o �r^aas a17. parts of the Buildin�:^ � � or uny f<.cili.ci.e:� �r,-3 Fi.r.l-itr.es �:�hich m�y be ivi.i:hi?i a Con�nminit�m 3 ' � U!1"i.'I:. Wiil 1'i ?TC O.L' IT«)� JC: li' .� ^1'•r :?:i tC:1VCRICRG. '�C �Gi�:: f-" s,ippoxt, ..>.i:stenc:��, u e ccr�.� �.,��r.;�, or,�ration, mair�if.enance� � re��r.ii.r, �r - :ri>.i:y ��n' L-h�� Yui.7�iii��.Is or any part •L-ii�rra:[ o:c `� " any o�:.cr Candorru.n.�vm uni.c t:l�cr��in. T•ii�Lou� li�n.i.�ing ihe �'� r.;encr-al.i•cy oi tl'i:r i:c;;:�:goir.cr, ti�c fi�l.ot•�:.ny :;hai7. cons�ciL-ui.v � Cc�ui�-� I•,i r �c (::1 i.tl �:4 ti�c 1 a� . a � cz�;:r;:�utc ::ni.r.i. �s aii: 1»� : �i �� 4! riope��Ly; (}.,1 �1� ,eune .iLior,s, co:t_uirns, � �ji tdt 1 . � ; ..t,:i ^l�n� U� Ui 1:1�r' ' !. n�.. (i:j t'ht3 . _ ..:.;_c.T.�.or v.i?7..; o[' t.;.i�. �u�.:L�s_,�c�r,, !.h.. sr.:-,:�.i oi��u�.:ari;.c7 r��:i17., � ?��:ithir'� ,_}r `;a�7 ir:;, t;�i� r,;.ii�i or. be�i.r.i ;� :n.�bf:Lc;o_inG ;ittr3 the E` i. r.00is of t:�e L-;L:Llcii-r�*,�:,; (�:) ;,i� �.•�c.i:�nces, e:i.u:,, :�L-��ir,� . - y� ; � � � - _ . _ . . .. .. .. iii . . . - . . �� ' . . . . .� . ;;t. i1 ' � n . r „v;"q;ir. � . ,h,.. x ...::1'!-.S - 7..� �� -'- � q,��.L..•=A"`' . ��eY'''�t.. � .�'��'b�.,:,�.� - � . . -� , :.. , .., , . . . .-. �:..� . ,_ . .. ...,�., ., .. -.. . �... :�. .,.::: �:. ,... , �.: ...-; . ,:. � :�.:,,. , ��. i-t �-:: • f, , , `�a 1,:: � •. . wall:s, landings and fire escapc� noL- wi�P�i.n any Individual Space; (c) aIl utility, sto.raye, service and mainL-ei�ance rooms or space �nd al.l cz•awl sp?c�; (i) a11 £ixtures, . apparat-us, inst.allations and faci.lit�e� f.or. po�aer, I.ight, gas, . telephonc, television, hot water, cold �aater, heating, ' , refrigcration, air conditioning, incineration, or similar utiJ_ity service or maintenance purposes, pr.ovided they do not exi.st �o.lely for or. to serve a Condomi.nium Unit i_n which they may be located, inc.luding furnaces, tanks, pwnps, moL•ors, �ans, compressors, vents, ducts, flues, wires, - - pipes, coizdui.ts and other similar fir.tures, apparatus, insta22ations and facilities. ; 1.8 Candomi_nivm Unit. "Condominium Unit" means an , . Individual Space toyether 4T1�R the..undivi.ded interc�t in j the Conmton �lements appw:tenant to that �ndividual- Space. . The undivided interest in Common PZements appurtenanti"tio . . � ' eacl� Individual Space is as set forth herei.nafter. ° � ]..9 Owner. "Owner" means the person or persons or entity or ent�.ties, includinq Declarant, �•�ho own fee simple title to a Condominiwn IInit most aearly equivalent to fee siiapTc title. The �enn Own�r sha11 hot inclucle the owner or 'i owners oi- any lesser estate or interest. . 1.1Q Guest. "Guest" means any customer, agent, employee, tenant, guest or invitee of an Ovmer, and any person or entity, not an Owner, t•�ho has acquired any title or interest in a Condominium Unit by, througli or under an Owner, inclu@ing a lessee, licensee or mortgagee, and any customer, agent, • employee, tenant, guest or invitee of such a pesson or entity. ' : 1.11 AiorLgagee. "Mortgagee" means any person or persons � or entity or�ntities vho is a mortgaqee undcr a mortgage ' o�a be.^.eficiary under a deed oi trust or similar se�erity I � instrument'�ncumbering a Condominium Unit. ` ! 1.12 Association. "Association" means the Midland Park � ' Someowners as,aciation, a Colorado corporation not for profit, - � its successors and assigns. � � 1.13 Points, "Points" are numerical figures assigned to .1"!; . each Indiviuual Space to fix the propori:ionat-e interest o£ `; the 04rner of tliat Individuzl Space in Common Elements, the �i proporti.onaL-e voting po�-rer of that Owner in tlie Association �', and the Proportionate share o£ the total assessments levied by � the AssociaL-ion to be borne by t.hat O�•rncr. The nvmber of � �� Points assiyned i�o each Individual Space is set Sorth on � i' ��:hibzt B attached licreto. "TOtal Points" meaas thc total � �� nunber of Points assi.gned for a11 Individual, Space iri the i Pr.oj'ect as set forth•on L':chibit B atf_ached hcreto. '� .�,. �, i! 1.1•1 Exiu.bits. Thc e�diibits to this Declara'cion are j� Exhibii 1�1, ccinL-a�.ning a description oi thc Real Property, and � �., �:thibit A; listirsg the Condominium Units and identifying the �' L-ype of eacti Unit and the Poi.nts assic,�ned L-o each and listing ' anc� i.c�enti:Eying eertain Cormnon r,l.enrant spaee. 3 �; � � .. II. I�ECI�_�',iil'.F'i:f)�Q P:?I? F•,i -..�� pqi'RP�_l'[` k� ,' ' ---. _ ___ —__.. _--•'--. , � ?..1 Ae.c:.larat�c�r br.cJ.ar..ur�. for i.�i__:eZf, its successors �: n,�:, @''` , _. a»d 1s»ign�~as o:i �� cg the .� _ct, here�y clec].ares t1zaL- tlic: k�4 's Pri,;y�:��t sha7.:l ai:. a1 L i.r�1e�. be n..r�n:l ar+<t l�icicl i�z con��±caminium �'� n.r�;e.r.cci�i.p ur_.:i>�r �lz� e.unric�minium C:.nez::}ii.}> 11ct of i??� Str,tc . ��: �;� �: . ;g; � ?.7 :'�: _ ; _ . �> . � . . . � . s-:i ,,.., . ,. ... , .. . .. .. �. �i . .. . . . ... ' . " . ':i. ..3�:.; --__ ...... ..__ .r..�rn. v �_ w.� ...:.y,?:!•_i . .��,'. 4.�`2.r ��- - ; . � _ .{. � • . � . ;� . . � � � � . � . ,* • � . �) � . � � . . � . � . . . . �� .. � . . . . � . . . � � . ��.. . of Colarado and sliall at a7.1 ti�oes be owned, he1d, used, and occupicd subject t.o �I7C: LJLOplul0l]E-i of this Declaration.. 2,2 Division i_nto CotZdomi.nium Units. The Yroject is Y.+��...��.��-e-_�.-^�-- h�reby divided tnto Gbndonu.nlum Un�.ts, e�ich consisting of - u separate Fee s±mple cst:ate in a particular Tndividual Space and an appurtenant undivided iee simple inter.est in'the -' Common L'lements, - � 2.3 Undivic7ed Tnterests in Common Flements. The undivided i.nterest in L'ommon Eleme-nts appurtenant to a ' � particular Individual Space is a fraction, the numerator oL which zs the number of1'oinL-s assi.gned to tha{: Individual , Space as se� fori:h i.n Er,hibii: B attached hereto and the _ denominator of which is the Total Points in the Projcct as set forth in �.:hibit B attached hereto. �ach Ovrner shall ' o�an his appurtenant undivided interest in Common Elements � , as a tenan� ?n commc,n with a11 othei: Owners. 2.4 Descri.ption of a Condominium Unit. Any insi�rumeni: affecting a Con omxn�.w'n Unit may ega'lly�escribe ii b�� the Condominium Unit humber shown on Ex_hibit B attached hereto and shawn on the Condominium Map. A legal description of a Condominium Unit in ihe Project may be in ikie f.ollowing , ;; form: ' �' Condominium Unit , 2�iidland Park . Subdivisiori, Pitl:in Coixiity, Colarado Ariy conveyance or other instrument affecting title to a Condoininium Unit or any par.t ihereof describing the Condominium Unit in substantially the foregoiny form or otherwise describing ' the Condominium Unit shall be deemed to include and describe '� the entirc Condominiwu Unit including •�he appurtenant � ` I undivided inierest in Common �lements and a11 of the rights, easements, obliqations, ,limi_tations, encumbrances, convenants, � conflitions and'restrictions benefiting or burdening the � Condominium Unit under the terms of this Declaration. ! • Any reference to a Condominium Unit in the biidland `', f Park Subclivision in any descr:i.ption sha1:L mean a Condominium �'' Unit in the Midlanc� Park Subdivision according to zhe Condominium � Ma.p and this Dec.lara�ion, a11 as filed and secor�3ed in the off-ice of the Clerl: ai�d Recorder of Pitkin County, Colorado. i2.5 Durati.on of Condominium Oconer.ship. The condominium owriership of t�e. L�i:o7ect created unaer t iis Declaration shall continue uiiL-i.l this llr_claration is te?-minatec� or reVOked as i hcreinaft�r pruvided. . j 2.6 InsPpar.abil.ity of Condornini.um Unit. The inter�st �; ' of_ an Own�r in an Individna'1 Space and'L-he appurtenant s�a unclivided interest in Common Blemerit.s which constitute h'� ( a Condumini.um U�iit shall be inseparable for thc period of #�'^ j candomi.ni.um ocaner.ship herei.r�abov� desc,-i.l��l. • F� 2.7 P3Ytiti.on oi Comnoi� P:.l��menCs nni Perntitted. The ='' Conrion El.ement,—llc�-l�. :ic: oi•n:��<<!,r�nn;.-�o,•�by a1.�t);aners c�f ' t�' Co.:iio:niniuin Ur�its, and no Owne.r muy 1^•��•�; �e;�1� accion for purticion thereo�. 2,8 P.CZ �V3�.01:t::1! 'CFi?:8ti.:i_Gl1. 1»..I. tcl^C]u� u�ae�:;mc�its and - ot-.iicar chz:rg<�s oi t-i:c�i�t�t.� of C:,7:or�cia or. of ecny poli.tical `> sul�ctivi�:ioi� ur tsf any 3rccial. :iri{:roti:>_;-.1^r�3t diF.�:7'.1C.h_ or et �'ti ar�� o�hr��- �..�xi.<<c, ar .. .,___ ;,�G c�i_�nn;°.ity -;ha].:L i,r_ a�:srss��<l . s7;�inst e:rid ::�ll.c>.c:tenJun a._tr:�� Co�id:�,��:;:_��ari 11i11L seplrute3.j� _ .j _ ��1 . ��. . . ... :« �..,,,..�, '�t ''' _ _ '�r�. _ � • �; � ' ' #: � e and not on Lhe Iiuildi.ngs or Project as n wl�ole and cach Conclominium Unit shall be carri�d an Che ta� books as a separate and distinct parcel. rot tlie kurposc of valuati�n for : assessment, the valuaiion ot L-l��e Common El.ements sha11 be . �pport-ioiieci ar�onq the Condoma.nium Units in Z7ropoi:tion to • . i-he frac(:ional undivided iizterests in Common �lements ap�,uztenant to �nd part vz" t.he Cor�@ominiimt Units. Tbe �lssoci.at•i.on � ', shall delivcr to the Couni:y 1�s�essor af Pitkin County, Colorado a v�rii:ten natice as requir.ed by the Condominium Ownership lict - - � af Colorado, settinq i-orth descrintions of the Condominium � tJnits anci si�all furni�h a1Z neecssary inTorma{�ion witl: resr�ct to such apportionment of valuati.on of Common Elements for � assessment. The lien �or taxes assessed to any Condomi.nimn Un.it shall be confined to �hat: Condomini.um Unit. No forfeiture or sale of any Condomini.um Uni.t for delinquent � taxes� assessments or other governmental charges. shall divest � or in any way affect thc titl.e to 'any other :Condomini.urn UniE.: � ' 2.9 Mechanics Liens, No labor gerformed or tnaterials � � furnished for use in connection �vith any Conclominium Unit ' �✓ith the consent or az the ,request of the Owner thereof � oz his agent, contractor or subronir.actor shall create any • �, right to file a• si:atement of inechanic's lien against the ! Condominitu-n Unit of any other Owner. not er.pressly. consenta.ng j to or requesting the same or against anI interest in the Common ' Elemeni:s excePL- the undivic3ed interest therein appurtenanL L-o the Condominium Urtit of tl�ie Owner ior whom such labor shall have been performed and such materials shall have ' been perfosmed and such materials sha12 have been furnished. Bach Owner shall indemnify and hold harmless each of the other , Otanezs fxom and against liability or loss arisinq from i:l�e claim of any lien against the Condominiwn Unit, or any part thereof, or any other. Owner for labor per£ormed or i�r materials £urnished in work on tlie first Omner's Condominium � Us.it. At the rrritCcn reques� of any Oo:nr-_r, the Association - shall eniorce such indenuZity bp collec�ing from the OFmer af the Condominium Unit on which the labor was per£ormed and materials i furnished tlie amount necessary to discharge any such lien, " including aII cosL-s incidential ther.eto, includin� attorney's i fee�. If not promptly paid, tPie Assoication may collect . r the same in the manner provided herein for collection oi assessments. t TIS, VARTUIIS 1?IGHTS AND �ASEf�1F.NTS 3.1 Owner's liights in General Common �Iements, . Subject to ihe oiher pxovisions—of`tF-e lleclaration, each Owner, and � each Owricr's Guests, sha11 l�ave a nonexclusive r_ight to use and enjoy tIie Cc,inmon rlementsr provided there is no hindrance � or encroachmeni: upon �the riybts oi use and enjcyment oi other � Oc•rners. e- . �� 3.2 Owner's Rights in Indivicival Space. Subject to tlte othi.r. pr—.ovasxons of this i7eclara�i o,, each U;vner sliall `` have fuil and comP3e:e doraini_�n nnc2 -uvr�,er�hip oF the i5. Individual Space wliich is gar.� o.f the Condorciinimn Uriit p��mes I�y suc?i Ovr.ier and such OwneL a;zd sucii G�•*ncr's Guests shall . have the e�;clusive riglit t.o tzsc and enjoy ti�e s:�me. � �:ach Owner �lial]. h�v� i.h� righi: c.c ��i.nt, 'repa.'Lnt, t.:Cle, wa.:; pa;�e1 anci atl:cr•a?.se refi.ni;:h and de�oxz.te ihe _ int�ri.or s,;iiacec of �h�� c,ci].:i.s, ce.i_lin�s, r2vo't:: e:nd dov�s wi,:iah a.re: i.liee bc�un�9aries of }'+_s l�idi��idual Sprice and t:ie e��:'11s, c:�.il.i_ugs, f�onis ar;d dr.-,�:�N �rit:.hin the botznclari.es of hi:: 7r�divi�v<:1 :ik,acr:. f;' ^ 4 - ,. . r� � .:4';�l; � . � . .,�. r..,a �� -s:,';�,�,� .s�: � � 3,3 Associlti:o�Z Ri:qYit;, Tlte x'lssociati.on shall }iave a nonexclusivc x:�ahL aiic7"e�asein�nt to ma);e such use of th� Common � �lements and Tndividu�l Space as niay bc n�cessar.y o�` appropriaL-e .. � for it to perform the duti�s and fw�ctions �v}�ich it is ' obligatc=d or permitted to perform under thi� Dec�.ar.ation; � provided, ho�aever, tha� any entry i.n to l:ndivi.dual Spac� shall be mad�: with as ]_ittle inconv�nicnce as practicable to the Owner and that nny damage to th� Condominium Unic entered shall - -" i be repaired �y, and at +:;,e expense of, tlie Association_ � 3.4 Access for bfetro Sanit.ac.ion. There is hereby specifical].y reserved fv.��—�tc �enefit of the Aspen Aietsopolitan Sanitation District, a right of access ovear atid• ' across all Common �lements Lo cach uni_t surface� el.emcnt � (constituti.ng a par� �f the se��age systert`of.thc: Subdi`vision) ` for the purpose of terminating service. ' �" • _. - 3.5 Owner's �asem�nts i-or Access, Support and Utili_ties. �ach Owner shall have a nonexclusive easenent for access beiween the Tnciividual Space which is part of the Conciominium . Unit of such Owner and public roacls and streets, over-.the land, walks, and exter,ior access and oi:her easements i �•�hich may be part of the Conmon Elements. �ach Owner shall have a nonexclusive easement in and aver Common Element,, includinR Common �lements �.ii:hin the Individual Space oL- '� i anothez Owner, for horizonta.l and lateral support oE the . Individua]. Space which is part of his Condominium Unit and � £or utilit�� service to that Incliviclual Space� i.ncluding water, sewer, g�s, electri.city, teleghone and television service. 3.G Easements for �neroacl�ments. S£ any par.t of the C�mmon El.emen'ts c.iiczoaches or shall�iereafter encroach upon , an Individual Spzce, an easement for such encruachment and for tlie maintcnance of the same slia'L1 and does exist. Ii any part of an Individual Spare encroachcs or shatl hereafter encroach upon the Comrnon E.lements, or upon another Individual Space, the Owner of that Individual Spa.ce shall and does have an easement f-or such enezoachment and for tbe maintenance - of the same. Such encroachments shall not be considered to be encumbrances either on the Comraon Elemenl:s or an TndividuaZ Space. �ncroaclmients reierred to herein include, L-ut arc `-• �, not limited to, encroaatiments caused vy error in the original consticucti_on of L-he Lui7.din9, by error in the Condominiwn Map, by set�tliny, rising or shffting of ihe earth, or b;+ changes in Pos?tion caused Uy repa.ir or reconstruction of the Project or ar�y part tliereoi-. •3 7 L•'asemen�s iii Tndividu�3. Space fo.r_ Reoair, t�aintenanc.e � and Replacement.—SOme o£ the Co;nmon r,lemcrii.s are or may be 1oca�ec� �ai`tTin`an Indivi.dual Space or tnat� be conveniently � , accessible on'ly through an Zndividual Space. Each Ocmer sl'iall �� liave �;1 easement, which n�ay be e;:exc�sed Ly the Associ.ation �� a.� hi� agent, urr� the Ti�cociation sriall YlavA an cascanent fnr �re access to e�ch liic.ividu:7_ Space �ancl tc al.l Com�ton F.lements « from timF� to time c4itring sucn r.easanab:le lxour_s as may lic �4 '� . necessa.ry for ttie roa?.ntc:na��c°, i`CJ�%1]_T OY Y�placetnent oL- any ':` �r Thr-_� Coi�Lnon :�;1.�.!ne�iL-s ].o_r�t-:d 'c�;cz-�iri o.r ar_ce�sible the.r.ef.r.orn '_ : or for making ci�c;rgeney re��air:: c!ic�ein n�c;.:>�;a,-y L-o prevent dama�� ta i:lic: t.onmioii L•'�cz ;nts or to �ny lr�c.i�Yi49i�a"1 S�ac�, �, _ . ,. 3.� `r.'BS;er!ents Dc�meci *_pp;2:�.r>r,:nt. fh�� e?5r�mcnrS.and ; __.... _._�_.___:—.. _,_ _.,__.._.. r�.gtrLt; hcr�r7_n i:rao,`ucl J`,_. an C n .z� e na]]. 'n:� appt�ri:�;�ani: to F-' �It= C.:�i:loininitu�� tin:�t ot th;�t Oz�!:c�: r.nd e.): _.;.1:�•;.:�,c�s ef- i � � a•i � � i � � f. � � � 'q,;.. and o._.•e_ i.nsL,.-r�n�ni==: �,.i`��c:tir.q titl.e �o � o:ulc•;�.i.�;iun� linit ' 3)'tt.l.l. i?:> t'lct.>..,? 4-.0 r1r::i!�9= stld :ri �c:rv�� tt3rt ettSC;�ictii::� ^.nd L`.igiii-.:> . . . � . � . . r1'� i� ` zk f�°_ . - .. . . ... . � . . .4-.. _,��.�,,..�.,, _.__ ---- �.......r...n �r:--, �'r rs�'��t��_- , :.�. YF�. ., . . �.Rh�:�3u - � . � . � � � - � . _. .t ... .. _ ..,, f.r . ' . . . � � . ;�,' �s ��re t:,rovided £or herein, e�en though no S•peci.tic reference to such easetu�:nl-s appc�ars in any such conveyance. IV. CI::R'F:A:CN RTGIiTS AIID OLZLIG7ITTONS OP TII� 11SSOC7ATION - � 4.1. Assoaiation ns At�orney=in-i�•et For Owne.rs. The ' Association is 1�ezehy xrrcvocabLy appoinLe�l by neclarant, as Owner of al:l Condomini.um Units,. as attorney-in-Eact for Declarant and its successors and assigns as Owners of Condo- - minium Uni.t� and each oi them to manage, control and deal ' ! with the interest oi such Owtter in Common �l�ments so as to permit thc As�ociation to fulf:ill 'all of si:s dul-ies and , ' obligations Jiereunder and to exercise all of its rights hereunder; to deal with the Pr.oject upon its destruction or obsolescence as herei.naiL-er provided; and to deal Nith <�nd' : . hanc3le insurance and insurance praceeds and conclemnatien and � condemnation award� in accordance with the provis,ions �f � this Declaration. The acceptance by any person or. entity'of• - any interest i.n any Condominiurn Unit shall consL-it-ute an appointment by that person or entit.y of the .Association as attorncy-in-fact as above pr.ovided. 4.2 Common �].ements and Dti.lities. The �lssociation shall be ob igated to and �ha l. provide for the care; operation, manager�enl:, maintenance, improvement, repair and replacement ' of the Common �lements and for utility servi.ce to the Cemmon ,_ j EZements and to Condominium Units. Y�ithout limiting the 4 generality of the foregoing, said obligations shall include keeping the Common �lements in good, clean, attractive and sanitary condition, order and repair; removing snow and i any other materials irom the Common �lements to permit access � to the Project and the Indiviclual Space of any Condominium • Unit; ):eepinq the Project safe, attractiva and desirable; maY.ing necessary or desirablc alterations, additions, hetterments or improvemcnts to or on thc General Common . rlements; and �iayiny utility,charges except separately meL-e.red utilities arhich slzall be paid by i:h.e Owner or user of the space served ihereby. No prios approval oE Owners shall be required for such worl: ]�ut prior approva?. of the Association, acting throuqh its ofiicers ar Board of Director.s, . � shall be requirefl for all�such work. � 9,3 Ac_counting, Billinq and Recorcl 1Ceepinc7. The Association shall maintain such records, keep such accour,ts and do such billing and collectinq as is needed in connecti.on wiih its ' activities and under this Declaration. The costs and expenses of- such record Y.eeping, accounting, billing and collecting � sl�all noc. be separately charged to part.icular O�aners or Gucsts but shall be part o� the costs and expen�es to .be r_oveic:d by rngular as�essments. 4,9 Lal�.�.r and Serviccs. The Association mav obtai.n and pay for ihe seJ-ai.nes c�i a'ny person or entity to manage its " , Affairs,, or. any part thereoE, to the EY.{:Cllt. it deems advisabZe, as well as �ucli other personnel as the Association sha11 dete.rmzne to �e necessary or, desiral�le for the prcper oper.ation . ,w of the Project, whei:her such }�ersonne]. at� furnisliel or employed � directly by tl�e Associ_ation o.r. )�y any person or. entit..y a;i.th = whom or t•rhich it_ �c?rit��ctis, TI1[t As�ociat-ior. may ohtain .-�nc7.' "* r -�,i,� x;, pay ior. 7.ega1 �nd ac::�urr'�;:�;� .� � l�•.-::; .,_cr.ssary o_ cl�sira. ' :1n connect.ion wilh t.l�e ope:rat.ion oP l-hc.�I�rc�ject or the cn.Cor.cemenL- 5r; � of th:� Dec:J.�.r:ition. 7'h� lss�ci.ai:ion may arr.an.;e �aiL-h otliers tx` L-o iarnisli 7.i.gb�.inq, 1rca4_i.ng, ?vzter,- L-;-�s1z co).l.c:ci-z.nn, se�•:er �E ' se�•vi.ce au�. other. cot�nnon sc>.r�v.i.r_es to c:acl� Indiv:�dua1. S��,ice. �:',: j:7. �. . � � . . .. .j_�i , Zs; i,y , . . . — Ei •- � ' '' � �. � . . � � �e. � �. . � . � . . . _ . . � . .. .. �.� . :, il y • _ , - . �.fY�--�p•' . . �'. °.y'.., �..�,.,. .,::�... �,��;a�- . S�� s„-_� ' . . ;r.1 . . � . ' . . . . . . ,. . � . . .__ _ ...- .. ; _.._., t. . � . � � +.��' 4.5 Personal •Proper..ty oi nssociai:ion. Thc Associ.ation ' may acq�.iire aiid]iold- L•anctit�).c and inL-arig�le per.sonal property -. an�i may c3isnose oi- che same by sale or otherwi.se, Subject'ta " thc rules and rec7ulations o£ the Associatiott, each Otaner reiay use such pr.operty. Upon termi.nation o� condominium ownership of the P•roject and dissolutiun uf i:l�e F�.ssociation the Ueneficial interest in any such proper.ty shal.l. be de�emcd t� be oc.ned by the ihen O�•rners i.n the same proPortion as their respective - , interests in the Common.Blements. • 4.6 Rules a�rd Regulations, The �ssociation may make and � enforce reasonablc -and uni.fortnlv applied rules and rec!ulations governing the use of Individual Space and oP Common �).ements. The Association shall make reasonable eiforts to .furnish each � Owner with a written copy oP each rule or regulation adopted _ pursuant to this Section. The Association ma,� suspend any ' Owner's voting rights in the Association or right i-o use any recreational facility vrhich may be parL- of the Common T'lements during any period or periods during cahich suclx Ocvner fails to comply with such rules and regulations or with any other obligations of such Uwner under this Declaration. The Associa- tion may also take judicial acti.on against anq Owner to enforce compliance with such rules, .regulations or other obliqations or to obtain damagE�s for noncompliance. 4.7 Im��lied Fi�hts. The Association shall have ancl may exercise any right or privilege given to it expressly by this Declaration, or zeasonably to be implied from the provisions • of this Declaration,or given or implied by lata, or which may � be necessarl or desirable to fulfill its duties, obligations, irights or rri.vileqc:s. ` � V. THE ASSOCIATION •- - 5.1 General.Purposes and Powers. The Association has been or wiZl be zncorporatc-d .to be and constitute the Association to i which reference is made in this Declarationr to perf_orm functions and 1io18 and manage property as provided in this Declaration znd L-o furtiher the interests of Owners of Condominium j Units in the Projeci. It shall have all powers necessary or desirable to effectuate these purposes. ! 5.2 Reqular Alcmbership, Tl?er.e sha11 be one Regular Member.ship in th� Association for eacli Condominium Unii�, ��hich Regular 1•fembershi.p shall be appur.tenant to the fee si.mnle title to such Condominiurn Unit. The Oaner of a Condominium Unii sha11 automatically be the Owne-r of ihe Rcgul�x tiemLership appurfienant to that Condomi.nium Unit an3 t.itle tc and o�anership � of the Regular biembcrship for tlie Condomi.nium Uni.t shall auto- m�tical.lv p1ss wi�h :Fee si.rnple tit].r t�� the Condomi.nium IInit. ' rach Osancr of the Conciomini.um Unit sliall autonai-i.cally be � enti:tZed to tlle b�m�fits and suhject to the burdens relatinq �? to the P.egul.ar r;embership far his Condomi.nium Uni.t. Ii fee � sir��ple title to z Conciorn.i�iiun iJni.L- iG held hy morc than cna person or enti.ty, t:1�,P Regular b7ember=hzp appu?°h.enant co that Condou�ini_um Unii. skeal.l be sl�ared U}� al.l.sucYi per�oas or entities �-� in the same propo.rti.onate int=er.cst and by the same type of C o�.�ierslii.p a>; f�e �vmPl^ ti..ile totheCondomi.niiitn 17n�t i�: Iie1r1. h Ja1::r �,,a��u�crs&ig�:: i: ��: -,_c5atian shall be limit�il to u , Ocmc.rs oi Condomi.ni.iira UTll't� 111^the Pr�rject:. t,� , � � � . � � t:i ; 5.3 Derl u �nt 's S�,ec��l t•.�nl�t-h,p. i�•�c].arant shall f'� � 11uve ar_�:i br;-a�..:..�.:ci cu lic�l.c � =j,��.,.uT Iv_mi�4xship i.n i:he � � . � . gh . LL� fr`S , • . . . - . . �6 � _ .� ` h :u . i:t; . . � . . . � - la ,. . ,� ,� 'z�:, . �:��. �. � - .� .. ¢�. n`�a �,�� ' ,� � ...:E� � . . . . �� Associat.ion for the pezzod of time L�egi.nni.nq on the �date of incorporation ofthc A�sociation e,nd. enc3ing on the earl3er of the fifth anniaal meetinq oP. member.s oL' the Association pr -- - the�date llec7.ar�iiL- own� five or fewcr.L7nits in ttie Project . ({�he "Perzod oE Declarant's Special �7ember�hip"? . �s the holder of�his Special Alrniber.shin� Dec].arani: shall have the ' ri.ghL- to eleci all memberrs of thc Poard of. llirectors of the . Association ior a period beginning on ihc date of incorporation of the ASSOCiation and ending at the ti.me oi the secpnd annual meeting of- Memb�rs of the I+s•sociaL•i�n and the r�qht to elecc � 60E of the mcmbers of the �oard of Directors L•or a period beqiiming at the daGe of the sccond annual meeting Qf'Members of the Asaociation and ending at the time of expiraL-ion of the Period of Declarant�s Spccial Membership. As ihe holder of this Sp�cial ASembership, the appro'val of Declarant shall be rcyuired as a condition to amendment of this DeclaraL-ion, amenclment tp the Articles of Incorporation of the Association, amendment to the By-Laws oi the Associati.on, and to merger, , consolidation or dissolution o:f the Association but such '� rights shall terminate upon expiration of the Period of . Declarant's Special Membezship. f ; - j; � 5.4 Board of Dir4ctors. The a£fairs of the Association ;' � shall be managed by the Boa-rd ot Di.rectors which ma,y, however, ; +' by iesolution, delegate any portion of its authority to an �xecutiv� Committee or otlier co'rrunittee appointed by the IIoard of Directors. b4embers of. the Board o� Directors shall be +: _ elecl-ed annually by Owners subjecC to the right of Declarant to � elect all or GOo oi the menil7ers ot ihe Board of Directors for x . . the Period of Declazant`s Special I�iembership as hereinabove provided. Thc number and quaZifications of: Dir.cctors shall be as prov:ided in the Arti.cles of Incorporation or By-I,aws of �� the AssociaLion. As required by �he Condominium Ownership Act � of Colorado, 'a Director must he an Owner o: a Condomi.niwn Unit: 5.5 Voti.ng of Owncrs. �ach Ocaner shall have one vote for each Point assi9ned to liis Condominium Unit. Unless other- �i; wise provided in ihe Arti.cles of Incorporation or By-Laws . of the Association, votiny by pro�:y shall be permitted 'and ;�' cumulative voting shall not Ue permicted. 5.G NoL-ices. Each Owner shall be eaii�led to notice of � _ �! any meeting at t•ihich such O�mer has the right to vote. ;! Notices of ineetings shall be in w�:iting and shall state the ('i date, time and pl.ace of, the mec.ting and sha7.1 indicate each �; , matter to be voted on at itie meeting �vliir.h is kno�,n to the i�� Association ai the time notice of the meeting is given. Sucli notices shal.t be delivcred noi less than ten.nor more ''i than iifty days beiore thc date of the meeli.ng. Any notice shall be deemed givc�n and any budgc-t or other information or i; materi�l shzI.l be deemed �turni:shed or de]_i.vere@ to a party 'I; at'the time a copy t.he.r_eoi is depo�.ited in the mail or ai a te]:egraph ofiice, post�ge or charqes prepai.d, addresseci to the pa-tty, ai�3 in aiiy cvent, c��h�n sucn purcy aetua.il.y recr ives such noi:ice, infosma�.ion or material. Any rzoti.ce� iniorm.�i:ion or material sha7.l be ci�=.emed properly adlressed to an Oc��ner' if it �.s aaaz�:;��a to the nz�*ac and ad3ress shocan on tl�e mos� r.ec�nt wri.ti:e:n noi:ice of nane and add�-ess, iE any, furnisl?ed ta i:he I��ociati.;�n b�1 �iich t}Yaner cr, if- a �ane� und ndcrc-.., � { i.^: r�c� �c f•urnis7:ed, :i_.fi `;. �s o::�7rr.r,:;c�1 ��.�,o i-iie Cw�ier" ,tc L-he ad3ress of thc Co,i.?�::ii.niL?�a Uni.{� oi :;uch U�mc:r. �� 5.'i Rcr:�rcl D._te. T1ti, Iioa�'d o;: �'�iie;�l-ors oL khr l�ssociat-ion 'i'� � �ha17. h..-ivc,Jtcic:��:i:te�c�io �S.r. i.n ad�r,.nc,� .3 iiaL-a as a record 8�i:c� �u�- tiu nur�3o::�� of c;el-�rm�in'ir.�{ U:anc��s ciitit:leU to not.r.r_e i', . � - :� `� �;� `:i _ .„�*� - :.;�� ,�;�; � a ,� ! � � . . . . . �,Z•`�'r"�'''6-+�� . . � . � � . .. ....., ... ,:....:. . . , . , ,.,. , .:. ,.+.� ,..,.. ...,. .::.:.., . .. . ��.._:.. „>,:.- ,. .:.:. .. �.... .-,,�, .. . . ... ... ....:.. , � � . . � . . .�... .._._. . . . k�.' �i: oi or L-o ��ote �t Zny mceting or to hc furni.shcd �vith any 2�udaet ar ather i.nformat�.on or. maL-c:ri.al, or. in ,order �o ma}:e. ' a detcrminition oF Ot�ners for aily purpose. 'r)ie Owners existing • on any such record date shall he deemed tlie Owner_s for such uotice, voi:e, mret-inq, furnishing uf inf-ormai.iou or material or other purpose and for eny siipplcmeritary n�tice, .or i.niormation or materia.l with Sespeci: to the same matter and £or any adjournment of the same mecting. A r.ecord date shall not b� �iore than 50 days prior �o the daYe on which tlie particular � action reRuiting deter.min�tion of O:aners i:s pr�posed or expected to l�e. tak�n or to occur. IE no record date is ' estahlished £or a meeting, the datc on cahich notice o� such � ' meeting is tir.�t cfiven tc� any Owner. she�ll be deemed the record date for the meeting. � 5.8 Quorums. One-i:hird of the votcs entitled to vote on any matter prnsenL•, in perso}i or l�y Yxo:cy, at the meeting . �o consider a matter, or actually voting on ihe matter slial.l . con�titute a quorum for consideratien oE a mattcr, except j as a greatcr Percentage of votes is required under a specific i . provision oL- this DeclaraLion. A major.iLy of �Lhe votes cast ; on the matter or, in the case of_ el�ctions in �ahich there are more ttian two candidates, a plurality of votes cast, shall decide Che matter. � 5.° Artic7.es of Incorporation and IIy�Laws. The purposes . � and powers of the Associatiou and riqhts and obligations with respect to Owners of tdember.ship set torth in this -Declara�ion may and shall be amplified by provisions of the Articles of Zncorporation and I3y-Laws oi L-he Associ_ation, i_ncluding any r.easonable Provisions with r.es.pect tc+ co-rpor.�i.f;e matters, but no such Provisions may be, at any tirne, inconsistent �vith any provision of this Dec'laration. • �� VI. 'ASSES�h7PP7TS - 6.1 Assessments-G�nerally. Bach O��ner shall bc ob.ligated . to,pay anti s iall pay to the 7+ssociation amounts as lier.einafter provided based.on each Point assigned to the Condominium � Unit of such Cntnex which amounts are herein ca].led I�ssessments. 4 Subject to the rrovisions hereof, the ]3oard of � Directors of th� Associ.ation shsll have tYie power and authority � to determine all matt-er.s in connection wiLh Ae.cssment� i is�cluding'power anci authozi.t�* to. dcterminc tahere, wher� and � �' '. how 1lssess�aents shuslci be pair? to tlie Associ�ation, and each I{' Owner s'ha11 be re uixed to cv�., 1 with an such dei�erminaiicns. ' 9 � Y Y li � p . 6.2 DeteTmination of. F.mount_ oE Re�u7_ar A�sessmerrls. . I� �The total amount to be rai.sei{�Fy r<=yular As;ess��enLS sh�ll . It bc det-ermined f.or each fiscal p�riod of th� l�ssociation by ttie �; Doard of Director.s of- the Assoc�.��ion.. Tne zmount to be raised (j by regu'lar l,sses�ments for atty fisa:31 ��nriod �,Iia7.7. be t.ht.t ' ariount nc:cessziy to cover the co:;�s �nd er.Z��nses oL- iulfilZinc7 }� the functions an3 obligativn, of_ tli.�• �,sociati.o.: in th«l. Liscal c period Pl.c�s an amowrL to »ro�id� :s: rrasonaU].e carry-over . res4rve :[or t_hc rx:;.•.. ?'_;.e.c� r:c•r:�.oc7. 'li�e arnc>nnt_ tu 1,c= .-r�i�:e; , 1_.;, ,-yal.�r a�. ::s�m�>rit� �ii�.J..t _, •tu?c ;c;i,.ntU nu;cssa�-y to �; r� �• . . ,,- , ° ' e cp�r�c ab.l�.griticins rna3e in coru�ecti�?n c•ii.�h, cr cont�mpiatec; ,; ur��i.sr, e�iii� pr4vic��t> bi�c?qe'c. Tiiv-r,; :,ie r�uz +.zi�3.4:-d C_n;;u�to�i F:?.emci�ts r:nd Lhc.x:�.f.ore thcre si�all. !,o n�� d'i.vi_s�i.on af asres�mentt chzli-��.�, h��:: in ��:��-�eral Js':tz L:tSlll.{:r..:i Com�nor� i.l��stc�nts. ?; �i - 9 . ;,� . � ;� . ... � ,.__ , . . ,. . _ _ . � -::t,;ri :G" � :�' �c- `s;�� _.�.---. ., . .. .. ,._,.. .... ..:.... �:� To cletcrmi.ne the tol�l amou�tt requir.ed to be raiaec3 by regular assessments, i:he 13oard of Dir.ectors sh�ll cause to ' be p�:epar�d a budyet for Lhc �iscaT peri.od showincJ, in'r.eason- '°�" -- •= able detail, the estimatc cosis and er,r�nses which Will be • payaUlc in that fiscal per.3od anci for a reasonable carry-over reserve and i:l�c estimated inco�qe and'other funds �ahich will j bc- ava3laUlc in that .fiseal period. The Boarcl o.f- Directors • shall fur.nish a copy ot thc budg�t to any Oa:ner upon request. The budqet shall not, hoe�ever� require tlte approval of- Owners. �xcept as emergencies may require, ihe J�.s,oczation sha.11 make no commitments of. er.nenditures in e�:cess of the funds reasonably cr..�ected 'to be available to the Association. G.3 Speczal Assessments •for Ca ital �T.mProvements. In - addition to rec7ular assessments, tie AssUCiaLio�i may ev,y sp�cial assessments, .payable over such a period as the Associa- tion may determine, for the purpose o£ defrayi.ng, in whole or in part, to the extent the amounts in any capital reserve fund are insuf.ficient there£ore, .the cost.of anlr construction or reconst.ruction, repair or replacement of the Project or any nart tl�iereof., or for any other expense incurred or to be incurred as provzcied :in this eclaration, 6.4 Su�plementary Assessments. In the event the amo.unt ' received by the AsaociaLion on'account of regular or special � ± asscssments i5 less th3n the amount required by ihe Association, �' whethe.r as a resuZt of defaults by some Ocaners in making payments ' or as a resuli o£ mistalcen estimates in liudgetiny or o�herwise, �: ' the Board of Directors may, at any time, levy supplementary ' -r assessments to cover ihe deficiency. '( . 6,5 A}?portionment oi Assessments, The amount of any � Assessment, payab].� for each Point asGigned to the Condomini.um ;;: Unit of an Oconer s}ia12 be computed b�r multiplying thc tota2 amount to be raisecl by �ssessments by a fraction, the numerator �� < of which shall be one and the denominator of which sha11 be the ;��'. total number oi Poinis assigned to all Condominium Units in the � + - .' Project. . � • � G.6. Ti.me Eor Payments, Thc amount of any Assessment, �� charge, fine, penalty or otlier amount payal�le with respeci� to i any Os•mc-r, or sueh O�aner's Guests or Conclominium Unit shall � become du� and p:yaUl� as spe:cified by the Roard of Directors of- the Association anc�, in any e�ent, 30 days aiter any ,J notice ai.the amount due as to such ass�ssment, chatge, fine, � . •pena.lty or other amount shall have been givep by the Associa- � ~ tion tu such Owner, and any such amount shall Uear interest at the rate of 12$ per annum (or such lesser rate as the Board of Directors may, irom time t:o time, by xesolntion, £ix) irom the-date due and payable unt-il paid_ . G..7 Lien •L•or Tas,essm«sits aiid Oi�h�x Asnounts. The Associa- tion shall�l,ave a'f"ieii aqai�i;c cao?i�Coxidomir�"iiiun Uni.t to secure • paymen� o€ an_r• As,essment, charge, fir.c, genalty or etPier amount (ir.cluci�.ng long disl•ance i.c-lephone chuYCJL`5) due ancl OFv2I1CJ Lo tl�e As�ncia�tion tvi�l:Y� �:es}�ecL- tc� tl�e Or�nnr_ of that� Con�ominiu,a Unit ox- e:i.th r^spect to such Oc•rnei•'s Guests or cait-h r�:s;pccL• co i.l;e Cendu+n±r::i.e::; t?:iit pi.ns int�_rest frcrn �he �::�1-e due anc't p.iy�_1�1.r_, plus a17_ cosi:: eu�d expcnses of collec:ting � i:he tm�?:li.ci aim�un;:, .incluc:ii�i:;J r.:+ason��b:i.e Zttoi:ne�is' fees. ahc 7.:i.�i: nirt�r be� larn lr.,r.nc �n 't-.he: ln.::n7'irr. f.ol io.LC�clusure of . mort-qagcs i.0 th<a c��•a��c oL` ColUrado. • _ .LO - t, • ,; ...;,;:: �,.:,.:,, . ;. � . . . .. , . : , •;, D s, a.�` , ��,,;., �,��:x• _ , ��<;� ' ', ';, . .� :.. ., ,, . ,,.. , .., .. . .. ,. .._.. .,.: ...:_. . ..__.., . .._:... y.. 6.8 Liability of- O�oners, Purchascrs and P•.ncumbranccs. The amouni: of any'Asse�snicnt,cl�a°gc;line or penalt,y pa'yaT-�le , , with respect to any O4mer or Condominiwn Unii: shall ,be a joint • and several oUl3gatic+n to t he Association o� such Owner and � . such Owner.', hei.rs, personal representat3ves, successors and assigns. A pa�-Y.y acquiring fee si:mple title to a Condominium Unit shall be jointly and several.ty liaUle with the former Owner tor all such amouni:s whicli liad accrued and were payable at the � time of. the acqiiisition of fee simple title to tlze Condominium ' Unit by sucli party �vithout prejudice to such party's right to recover. any oP saYd amounts paid from the L�rm�r Ocmer. ' �ach such amount, together with interest t.her�on, i�ay be recovered Uy sui.t for a money judcJment by the Asso: iation , without foreclosing or �vaiving any .lien securing t.ie same. � Notwzthstandii�g�ihe foregoing, the holder.of a inortgate, deed � � of L-rust or�other liei� on a Condo�iiinium Unit sha11 not:be . . liable for any suclz F�ssessment, charge, fine or penalty an3 - '. ° the lien ior any such Assessments, charges, fines or penalties shall be junior to any li.en or encumbrance on a Condominium Unit taken in good faiili and f.or valu� and perfected by recordiny in the office of. the County Clezk and Recor.der of Pitkin County, Colorado, prior to the time a notice of fai.lure . to pay any sur.h amount is recorded in said office� describing the Condominium Unit. 6.9 Esto�el Certi.f.icat'e. Upon payment of a reasonable ' fee as determined from i:ime io time by the Association and f upon written re7uest of any Owncr or any person with any f � . right, title or interest in a Condominium Unit or intending . to acquire any riglit, title or interest in a Conr.iominium , Unit, the Association shall furnish a written statement of account setting forth thc ainount of any assessments, charges, afines or penali:ies, ii any, due or accrued and then unpaid witL respecL- to a Condominium Uni� and the amnunt of the i • Assessmcnt for the. current fi•scal. peri.od of the Association '� payable cait_h respecL- to the Condominium Unit, which statement sha.11, cai.i:h respect to the pari:y to whom it is issued, be � conclusive against the P.ssociation and al.l parti.es, ior all j purposes, that no greater or other amounts caere L-hen due or accrued and unpaid. �i . ;i VII. USE F,ND OTH�R RP•,STRIC'tION5 l' 7.1 Restrictions on Use. �ach Individual Space shall be �. I' � used fo�- residential purposes only and none shall be used for •� any commercial or busiiiess purpose. No lands or str.uctures '; �aithin thc f�iidland Park Project sha11 ever. be �ccupied or used in !� �; any manner whi.ch is contirary to ai�y zoning, subdivi.sion or i, building restrictions of Pitkin County, nor contrary to any - rule ar reyulation proraulgated by the �ssociation pursuant - hereto. i; 7.2 Conunon Elem�nts Re:-,trictions. All use and occu1�ancy of Comman �lcrn�nts�lialrb�suL��c� to ana govc:rr.ed l�y .ru7.es and regulat:�.ons of L•he Associatic�n. No O�aner, sha11 obstr.uct, daraage or cci�unii� wasce to ��ny oI the Cottanon L'lements. I.10 � � Otmer shall change, �.1_ter or rei�ai.r. or si:ore anyi:hi.ne� i.n or �_ � �+ on ��nti� oi tlie Cortcr�v,-� ... _�ri�vnt..^, cv.i i:hout cli�;_ prior. �rrritier� � . C�iltSl'tllt O.� t.Zl� 1�SSGrliii:1011. . . � � . 7,3 Id�'� T�npc:�•i.'l:i.rc�{ ct T.nsta-r::uce. P.o Cv�t�e'r shall do az�y;hi.n9 or %�u_;c �siiyt;ii�i.CiiJ to i�e l.c:F:t in oi� vn Chc: Prujr_ct �.hi.r_h migi�t re_;ult �n an :i.ncr.ez�se i.n th�• ir�:;urance prn;niums of it:sur.�n�^c obt�iin��i Fc'�r i:h� i%�-o�jeet �r :d��:i�.:h mi.qiil. c:nu.^,e � . cc:nr__rl.l.�i:i��„ oi sur.h :in::ut:.�ncee ::if.hu;:t. f.it� prior �ariCL-en cc�zesunr, o,'. �riir, ilssc.�c.irit:ioi�. _ 1 i. - . _ :,• �, : .:<.: ,,:::. _ ,. i _ ,� [reyw.. _ .. -- �. _�....,..�.�.� ��` - �Y,*.� � ..-. •-;�: .:.:::Y: .,.. . . � .: �::' . . • . , . . i'��`e;r: . . _ . . ��•�� _.__ 7.4 ?��o,yialat i.c�n uf I.ac•t. No O:ane� sh ZJ:l do �tzyt_hing or keep. anythi.ny in or �on t.fic Pro�ect whic:h �aould L�� in .violation of any statute,. rule, o�dinznce� .reRulation, per.mit or other vali.dly i.mposed scqui:rernent of any governmental boc]y. 7.5 Nci N^ox�i.ous, Of.f.en.sitie, Hazardous or Annoying Rctivities.� _ No nor:ious or ofYensi.ye�.ctivity slia.11 Ue carried-on upon any - = part of the Project nor shill anything be done or placed on or in any part o£ the Project which is or may become a nuisance or cause �mbarrassement, dist-urbance or annoyance to others. ` No activ*,ty shal]. be conducted on any parL- of thc Project anc� no zmprovements shall be made or constructed on. any l�art of the Project which are or might be unsafe or hazardous to any _ person or prop�rty. No sound shall be emi.tted on any part of•the, Project wh=ch is unreasonably' loud or. annoying. L10 odor shall be omii-ted on any par_L- of the ProjecL- which is no�:zous or offensive to qthers. No light sball be emitted L-rom any part of the Project which is unreasonably briyl'it or causes uni-easonable glare. 7.G No Unsiqhtliness. rIo unsightli.ness sfiall Ue permitted on or in any pari o�thc I'roject. Without limiting the generality of tlie forcgoing nothing �hall be kept or stored on or in any of the Common �lements, nothing shall he hvnq or placed upon any of the Common E].�ments, and nothing shall be placed oncr in windows or doozs of Indivi.dual Spaces v�l�ich would or might create an unsightly appearance. ` 7,7 Restrictibrc on Si.qns. No signs or advertising devices of aiiy nature sha�l fe erected or maintained on any part of the Pr.oject without the prior v�ritten consent of thc l�ssociation, provi.ded, however, that the Associ.ztion sha11 not unreasonably �aithhold consent to the signs of: the Declarant duriny the period of sale o= Con@�minitun Units in the Projec�. - 7.II lintennas. I?o radio, television or qther type of a.ntenna shall,�ti•iithout ihe written consent of th� Association, • be install�d ar maintained on the Build.ings. - 7.9 Restr.ictions on Ao�s. No dogs shall be maintained, kept or har ared within any Individual Space, on or in any of the Common Plements or within any area of the tiidland Park Project, it being undersL-ood that compliance wiL-h this restriction' is a condition oE subdivision approval and this restriction may not`be rr-_•noved, vari_ed, amended,: altered or " ' � abridgcd (tlie amen3ment provisions of 'Art_c1e X noi:w?.t.hscanding) wsthoui: the pr.ior approval. of the Board af County Commissioners of Pitkin Connty, Coloradp. � : 7.10 Mai.!Ztenance op Individual Space and Comm�n rlements. �ach In�3ivznua! Spacc anc!a'il irriprc>:�eracu�s,.fi�:�uze... enU—'— .� furiii{:ure and equipment ther.eiri �nd a.ny C:a:�u�ion E.lem�nts appurtenant to a Condomi.niur:i Unit siiall be lcept and mainta.ined i by the Owner of th� Co�iclominium Uriit in a clean, �afe, attractive and siyhtll� c��nd:ition ai,d in goo�] r�.pair.. laa struc.i=ur:1 alter- ations o�it.iin an1r 7:i�divi.du�:1 Space or wii-h rc>p��ci: tv an�� Con�nien r.lements shall be aiace and no elect�-icaL, pluml-,ing er " M _ si_milar wor;: c•a_.;.?,iil rndi��idual Sp�:ce (exr..c:pf• mi;�o� rc;.a.i_.r �?Or;i lt`C111'L.c:U S•.':i.i:Pli. t.:,.r:J .1 nc�j.�^.i�11��.1 �r,zua !�,�,t ,zifecL•9.n,J . . �Ll.�e:a� o•ve�:al.l iat-i.:li.i� -�s,cems) si�a).1 be d.u�ie t•,:i_thouc tllc prior tcriLten cor;aont v� the As•�oc:i.;,�io�i. 7.�.1 Ptc� I c �v U r, of Uti.t.i.i:i��>, i�du n�aiic.r c�r. o?:hr:r cccupa7t chal.l ru,�lce c:;c._.�si,�. u,_,_ ot cr i�<.::1<: uti).?'�i.es, ir�cliid;nq qzas, . �1c�::s ic5 c.y :u�it c...�r��, ;r:i=.ch as� �;n:i.r� ;o�- ut�l. af 1-t1c g,�tic�re;_7. 11L4(��JC::i`. :_:itl Ccil'�!!'�.(1 k)�1 ;_�>rlilJ 7"t: fiiE: �_.....:.t:;1"it.:3. _ — az — � �, - r .rx, � -or -y�e;'� . -y4.;::: 'tj;E' �J� - �.y:.�r. . . .. �:�v . . - � • ....,.,. _.,,.. ,. :...:_..._... . . ..,_.. . ,...:.�. . ....:...:........ ._ .... .,....;......._...... .... .. .L' � `:�. 7.12 oamcr Caused namaqe. Ii, due to the act or �ieglect . ��.--- — � of: an Oomer, 3.oss nr. 3:amage sl'ia17. be caused to any person or . • -, prol��rty, incJ.uding the Project or anl� Individual Space f:hea-ein, such O��ner sha11 be liable and responsible ior the same except to L-he exte�lL- tYiat such damage or loss is covered by insurance obtained by the Associ.at.ion and the carrier of the insurance has �oaived iis rights of subrogation agai.nst such Oa�ner. The amount of such loss or damage may be collected by the Associ- aticn from si:ch Owner ,� a speci.al assessme�+� against ��ach � Owner, by leyaJ. proceedings or otherwise, and such amount shall Ue secur.ed by a lien on thc Condominium Unit of such � Owner as provided elsecahere in tliis Declaration for assess- : ments or othcr charges. . 7.13 No Impair.meiit o£ Structural Integrity. Nothing shall be done, �aithout. ihe wrii:L-en consent oi the Association, in, on or to, any Con�lominium Unit or the Common �lements, or any portion thereoE, which might impair the structur.al integrity of_ the 13uildings or which F�ould structurally change the Buildings. " 7.14 No Violati.on ot- Rules. IQo Owner sha11 violate the. ' provisions of this Condominiuin Declarai:ion or. the rules and regulations accepted from time to time by the Association whether relating to the use of the Condominium Units, i:he use, of the Common Llements or otherwise. 7.15 Responsibi.lities of Owners. k�henever this Condominium Declaration or any rule or regulati.on of the Association prohibits any action of, or assigns responsibi.lity to, any Owner and any provision oi the Declaratior_ or rule or rcgulation is violated . uy a tenant, licensee or Guest o£ any �wner (or anyone occupying the prerni�es with his conseni) ; the Owner shall be responsible for any such violation to the same e?:tent as if he or. she itad committed the same (except to th� extent that such li.ability is prohibited Uy law) . V I I2. IN SU R1�NCE . 8.1 Insur.ance Requirements GeneralZy. The Association sha11 obtain and maintain in full force and effect- at all times certain property, liabili.ty and oiher insurance as herc- inai•L-er provid2d. All such i.nsurance shall be obtained, to the extent possible, irom responsib'le companies duly authorized to do insurance business in the State oP Colorado. Al1 such insurance, to tiie extent possible, shall n�me the Association '` as the insurecl, in its individual capacity and.also either as attozney-in-fact or trustee for al'1 O:•�ners. � The cost and expense ni all insurance obtained by � the Association, excepi insur�nce covering additi.ons, alteX- ations or inprovements made to a Condominium Unit 'ay an Oi:r.�� ' or otlier i_nsur.ance ebtained ai: the reguest ot-and sp�cif ically beneiiting any par{�icular Owner, shal.l be a common expense to be co�clered l�y assessmenl:s as elsecvhere prov:i.cied in tliis Declaration. � II.2 1?r.one�:i:v Ii,�.�Ye,i?ce. Th� Associa�ien sha.11 ��'.`.ain and ma:i.nt�::�n }:�roperi:�� -�.n:_:�i:-n.�r: :i.r�::uri.u�7 tl:e Project �r.l � ��iz L'c��dr,:ninium Unit against �oss or ,r,r�ge b�� Eire .auc3 such other haza?_ris c!s ar.e corcred u:id�'r st:�nd-arcl ex.t�.rn3eci co�reraga po.licie:>, va;�c'•.a.liam and n?ali.cious mi.sr.Yu.eF r�nd, i.f: avai?aLle and is ' ct�::.^�ei�:u r,,:},-,-c1»-iatc }7y tP�� Ac::uci�lti.o!:, tvai: risk, for i:lx: fu7.7. inc:irr.al�a i�A�1.7C('fiir.Ili: ci::�t of thc: Pr��jcc.t., inc].ucliiicJ e>ach Unit. - 1's - A li - "`�:. - `>";,; J fti�y' - '�` ��R _ , °, :'� �i 't' . • I�r� �f .;,�:- At the option of the A.^�SO4'11t10A �llCI1 insuranec.ntay also � " - cover Zclditioris, a].terations oz impxoye�qents to a Unit made • by an Owiter if L-he O;vner rci.m!.�urses the Association for an,y additiona.L preminms attrilautable to such cover age. The Association shall not be obli_c7ated to a�ply any insvrance • , proceeds to resCore a Condcm:in3wn LLiit to a condition better . than the condi.tson er.isting �rior to the ma1:5:nc7 of additions� alterations or improvements by 1n Owner i_n the absence of insurance covering such additions, ali:�rations or intprovements . as aforesaid. fl..3 Public Liability and Propesty Damage Insurance. The I�ssociZtion s all o tain and maintai.n comp=ehensive public � liability an3 property damagF insurance covering personal liability and prope;rty damage liability oP the 1�ssociation, i�.s officers, directors, employees and agents and of each Owner. arising in connection v�ith oornership, operation, maintenance, occupanc,y or use oi the Pzoject or oF any Condominiunt Unit in the Pr.oject wi.th limits of- not less L-han $300,OQ0 for " each occurrcnce involving bodily injur>> liability and/or property damage liabilitl�, . 8.9 Insurance by O�vners. Srcept to. the extent coverage� theref.or may be obtained by the Associatzon and be satis- facLOry to an Ovmer, each Owne.r shall be responsiblc- ior obtaining insurance he deems desirable including insnrance . • � covering iuznishinRS and i�ersonal property belong to that ' Owner and covering personal liability of that Owner. ' 8.5 Recei.nt and Applicat5.on of Insuranc2 of Procceds. - �r.cept as some particul.ar• t�erson ha� a leqa. ri.n zt to receive insurance proceeds directl}r, all insuranc�: -rrocceds and recoveries shall be paid to and r.eceived by the Association. AZ1 iusurance procceds or recoveries received by the Association shall be apr,lied by th� Association: rirst, as expressly • provided elsewhere.in t-his Declaration; second, to the Owizers � � or persons who the Association may determine are legally or . equitahly entiiled thereto; and third, ihe balance, if any, to Owners in proportion to their respective intel-ests in i Common Llement�. • 8.6 Other In�uxance b Associai:ion. The I�ssociation � Y.._..._` sh1J.1 also hav�th'e�power or authori.t��{to ohtain and maintain _ � other and.additional insurance coveraye, including casualty Ja insurancc covering personal p.roperty ofi the Iissociation, ' ' Ei.i3eli.ty Uonds ox a.nstirance covering emp.loye�s-ant� agents � of. the A�sociation and insur.unce indemnifyinq officers, � . directors, em},�I:oyees and agents of trie Z�ssociation. � � $.7 Ot,ner-_T_r_c.reased P.rerni��m„ :Cn the event. that., as a consequence of the hazaxdciu�usc a£ any Condominium Unit, or o.f any O�vner-installed improvem�n�s to zny Condominium Unit, tt;e pr.emium� cf.- any no!icy af in�nrance ��uzch��ed by ihe A;;soci.ai.ion arc increased, or a s1�2ria1 po.l.icy is required, � the cost: of �.nr..tc i.ncrc<-�se or sper_if:ic po3.icy sha11 be assessed '$ L-u thc Oi:*n�r of sucii Cor�dor..ininri LTnit. � � SR. _DASTRli�Ti!)'J C(�f'llI:•1id� T'.)!d^�O .SOI�l:,^>C'??i:C:l:`z,r�» r.r•.s'P^1'i�1TIO1Q � _ � 4R_SI?I.�T3_C1],i�_'�JTr�t_____._..._� �.-----..�._� �_-------._.._. .-�_� �,- 9 1 C�-.ii i<< �� firii.f.icn;;. Tiii: li,.11o;•:ing L-err.is :;li<ill . � have ih : tc�).lc ;.j �' �r,� . -i:;: . � � w 1�� t s `i ;� :� . a, r . . . .. .. . ... . . . 1�y.� � �p. � ��'.C.�,�.� �wµ.rt•,,,+ _�.2�.i w -.:�:.:.: �'. ,.�� i rt� � � ......,..:.�.. ..,._ .,. . " ...._.. ;-.�_: ....:...� , r...-.� ... . . � . "�:. . .. �,:.:: , . �� ..:��... . .:... .:'... . ......... . :....:...... � . . . _. .. . .-. . . . . .. . . .. . � ' 1: y' , • � � . � � . - . . �_.. "Subst�ntial Destruci.ioi�" sliall mean any casualty, damagc: or destr.uctien to the ).'xoject ox any part i:hereoi i[ th� ,L•"st-imate Co�ts of Rest�Lat.ion lcs� 1�v�31able k'unds are -•--�- - " 50 percenC or mare of Lh.e est3mai:ed Resr_ornc] Value oL ihe • Projeci:. "Partial D�str.vction" shall mean any other casualty, dama�je or destructi_on of. the Project or any� part thereof. . • "SubstanL-ial Condemnatiqn" sha11 mea�� the compl2te taking of thc Project or a t•akinq of part oP the Project vnder eininent� domain or by grant or conveyance in lieu of condem- , nati:on 3f the Estimated Costs of Restoration less i�.vailable Punds ar.e 50 Percent or.more of the estimated Restored Value of the Pr.ojeci. "Partial Condemnation" sfiall mean any other such ta}:iny by eminent domain or by gr.ant or conveyance in lieu o£ eminent domain: . • ' "Substantial Obsolescence" shall exist �ahenever 66 2/3 pexcent in interest of L-he Owners determine, b�� vote, that Substantial Obsolescence exists or wllenn•_ver the Project or any part thereof has.reaclled such a stafe of obsolescence or • disrepair thaL- the Estimated Costs of Resteration less Avai].aUle I'unds are 50 pezceni, or more of the �stimated Restored Value of- the Project. "Partial Obsolescence" shall mean any staL-e of obsolesccnce or disrepair which does noi� , constitute Substantial Obsolescence. . . "Restoration"� in the case of any casualty, damage or clestruction, shall mean rest�xation oE the Project to•the � same or substantially the same con@ition in which it eaisted prior to the casuai.ty, damage or destruction; in the case of condemnation, shall mean restoration of the remaining porti�n of the Project to as attractive, sound and desirable condition as possible; and, in the case of obsolescence, shall mean � restoration of the Project to a condition as attractive, sound and desirable as possible, "Restored Value" shall mea.n the value af the • Pzoject o£ restoration as estimated by the Association. . "Available I'unds" shaZl mean arzy proceeds of insurance or condemnation awards or payments in 2ieu of condcmnation and any uncommitted income or funds of the Association oi:her tl�an the income or i-unds derived i:hrough special assessments. "�vaiZable Funds��shall not include t.lzat Portion of insnrance nroceeds 7.egally required to be gaid to ariothcr party, incl.udiny a l�IorEgagee, or that porL-icn •of any conc3emnation award or payment in. lieu of condemnation payable. to the OUmer � o° a Condemnatioil Unit containing Indiv:idual Space for tize . . condemnation or tal;ing of that O�•aner's Sndividual Space. 9.2 Restor.ation of tl�e Project. P,estoration oE the � Project sha17.be undertu};en by the Ftssociation witl�out a vote oE Owners i.n t:he evcni; of Part.iai Dest.ructiatt, Partial ' � Concie,iu�ation er narcial Obsc:l.escence but s1��I.1 t�e undr-_�-ta);.en in � tlie event: of Si�Uytzniia]. Destruction, Substantial Condennation � or Subsi-�*.:tia]. Ob,aJ_cscenr_e only ��i.ih t.he CO175E:1tt of G6 2/3� in infere.G� c}f al:t nc,�nc�i:r. .�t�cl 60 �/3� in nwnber of all tiiortgag�.�:;. � 7'ri th�, ev�nt ilie insuratice k.r� �c:;-a -:<�'..ual7.;; r^cc.itred exci:ed � tiie cosL oP resior.:.��ion �ahen �uCh iL.St.C1)_i.Ft:1011 ia underi:a)_4n „� pru�uunt io t h :; :,e � 'ic�i, �i.:e � r� �;s •i<<ill. I,e p�i:r7 �iici d:i::- . tzih:t:-ed r il (7v�n r, nr I��r»�tq iq r_� a : Zn C�:;�nc.1, in prej>or�ion . oi' ,urli C��::i�.r's ur�rtiv:ide<t S.r�cta c.:.t a.n tl3c Co3ur.•�n L.l.enienL::. � � - 15 - u � � �i � _�:�,::�„u�:. :,�_. � .<p�:i:... /�� TC � ��'�,��' � . . ?�if .. ;i��ta'ev . . . . :� t t Yf: - . � . . f.4�- �.:i SaJe of the Pto�cr.t.� The Pr.o7ect sha7.1 he sold in tlte et•ent o� SuLsLacit.i<i].�Desir.uci:ion, SuUs{:ant�al Condemnation or S��k,st.antial Obsulescettce eaizlcss. consent �:o Restor.ation ha3 • hecn obta3ne:I f.r.om GG 2�32 i�i ic.terest o� ei1Z Owncr.> anc3 consent to Restoration o� G6 2/3w in number. of Zlt Afort,qagees has been ol�tai�led,. Tn i:hc event oi a sa1e, condominiunt osanership under th.3s Deciaratioi; shall terninatc and the procecds of � - sale and any insurance proceeds, condcmnat3on awards or paynieni:s • in lieu of co;�demn�.tion shall be dsstr�:huted by thc Association - ' to each Owner, o�: tIie Narigayee o.f an owne��. in propor.tion L-o such Owner�s undivrded interest in Common��lements. - ` 9.4 Authorit�of .�ssoci:ation to •Restore• �or Se11. The Association� as attorney-in�-��t oY c:aci Uimer, sia11 have . Eull power and �zthority to res�ore or to sell, as the ease may be, the Projcct and each Unit in the P-r.oject c•:henever Restorat•i.on - . or Sale, a� the r.ase may be, is to be undertaken as hereinable provided. Such authority shall include the righi and pocucr L-o enter into anycontracts, deeds or �ther �nstrumenis �ohich may be necessary or appropriatc for Restoration or Sale, as the case may be. 9.5 Pay;�ent oP Procceds, In the event o.f Sub�tantial Destructi.on� Con emnat3on' or O-bsolescence all insurance proceeds, proceeds of sal�� condemnation awards, or payments in lieu of • condemnation shall be paid f.o the Association, as i:rustee for al1 of the Owners and any Mortgagee� as the interest of such Owriers and any such hlortgagee may.a�pear. 9.6 S�ecial_ As�es�rnents £or Restoratipn. F�hen Restoration is to'be undertaken, t-he Associ2Lion may �evy and c.ollect assessments fi_om each Owner in proportion to each Ocaner's undivided interest in Common Elements, payable over such per.iod � as tiie AssociaL-ion may determine, to cover ihe cosis and expenses of Resi:orution to�e exterft nat covered Uy Availab:LE Pund>. Such special assessmeni�s sha11 be secured by a lien on the Condominium Unit of each O�mer as in the case of rcgular as�essmeuts.. Notwithstv�ding any other provision .in this Declaration, SubsL•anti.al Coudenmation or Substantial Qbsolescence, any such special assessment shall not be a persdnal oUligation o.f any O�aner cvh� did tiot consent to Rcstoration but, if not paid, ma�� be iecovered only by foreclosure of L-he lien a9ainsi tlzc Condomiui.um Unit of such Ovmer. 4,7 Recei.ut.and Ap�lication.of. Condcmnation P'unds. All comPensatian.,damages or ot�tier t>iocee@s cai7sticut�_ncJ awards in condemnation or eminent domain or paym�nts in Zieu of con- :, demnation or emineiit domain sh�Il be paya.b].e to i:l�e Assc�iaL•ion. Thc amount thereof allocable to com�ensation for the taY.in4 of or i.njury to t.hc: Individua.l Snace within a particular Connominium Unit or to improve.meni_s of an Owner therein spall be apportioned to the Oomer of-•that C:ondoniin.iun� Unit except to the extent used'fo�: 12es�oration o£ that Conciomin3um Unit. Thc hala)ice of the awa•rd shall be aPplied to costs and c;:p��nses oi Itestorati�n, if un�lerLaken, and, tp the extent not so applied, sha21 be - allocatel as fo].le�-:s: r'irst� an�l }?o�-tion uf tl?e a�•�arc? alloc�ble z� the tr<king cP or. inji:ry to Co�nnon El�nicnt� sha].1 be ' � lpportioner.i l:o O{�lt��'S of Condo.r�;�,�i�n Uii�-L:; �eith :[n�:ividua.l " S;��cc- c.•I11CI7 wris not t.-,l;c:ri or cc;�c. ;.��a i . por.ro�-tion �o L•!�r_ir r..s;:�ct��, undi.��i�]eci i.nL-e:�:est� in t�1�e .:c,��;;c.c- ;t,�,.r;,;:nts; ar,d ihircl, ttit�>. «m;�e�nt� .:i77oea{:c:ct �� c;on��aqueir�i.al de:ir�aqc:a or £-o�r other pi�rpc�se; sl��;11, i>e �;>p��rt.ioned �.., tfir� 7�sc;vci.at.ion dete e�m.i.n��.: t:o b^ cq�zi.:�b1e i.u'�cic.i �:ie r_i rcu:nstr�.nc��,. 9.f3 rco?'r.,�.ui-z<�L-ir,,l j.n ti,:, Evenl: c;f �::>r�c7en�nr�l-:i.c,n. ln t:hc . ,--�. evr_nt ::ll c��~:.iic l.�.i� .i�.ii^i :,�,.,i .. c>f-.M. �i,uiicor,�itici�,i+Iicii't is _. ,7.G .- _ _ � � u ' :� � �J s � �i:�'..yy y. .. ry�! 1 ��- , -.w��,. . . . 4�f.C�:' IY�;:. taken' in c.ondemn�lti«n,the CGIlCI0it11121L111 UniL• Contain9ng that Indivi.dual. Sp,�re s11a11 ce�.i�e to be ��art of thr•. ]?roject, the - O�aner thereo� siiall.cease to be a mc.mber of�•he 1lssociatzon, • - and th� ur.divided inierest in Common E1en!cnts appurtenant to that Tndi.vi.dual S��ace sl�all automatica.11y become vested in the Oian�rs of the remaini�;g Condominiwn Linits in Proportion to t�]P_11' respective undi:�>ided interests in the Common �lements. In th� event part oi the Ind3vzdua2 Space of a Condomiitium . UniL• is taJ:en in conc3emnation� the Points attributable to � tliat Condomi.nium URYt shall be reduccd 3n dircct propo.ri=i.on to.tlie reduction in square footage of the Individual Space, and� the undi��i.ded interest of Owners in Common Elements and tlte voting rights and assessment oblzgation of all Owners shall automatiaally be adjust;ed accordingly. .. � R. MISC�LLAN�OUS 10.1 Amendm'ent �znd� Terminatian. At any time until. the first Condominium Unit i conveyed by Declarant as reflected by a deed recorded in ihe offi:c� of the County Clerk and Recorder , of Pi_tki.n Cowity, Colorado, Declarant may revoke this Declara- tion ancl ihe Condom3nium Map and. terminate condonimium otaner- ship of L-he Proj�ct Uy. the recor.ding of a wri_iten instrument seEti.ng forth Declarant�s intent to so revoke and terminate. �r.cept� as otherwise provided, any provision conL-ained im this Declaratiai may be amnnded, or additional, provisions ma�� be added to this Declaration, or this Declaration and � condominium owner.ship of the Project may be terminated or r.evoked, Uy the recording of a wriY_ten instrumeni or instruments specifying the amendment or addition or the fact of terminafion and revocation, er.ecuted by G6 2/3€ in interest, based on - undivided intere:ts in Common �l�ments, oi all Owners and G6 2/3� in nu:nbor of all t:ortgayee�, ac �hosoa by th� secor3s in the office of ihe County Clerk and Recorder of Pitkin County, Co7.orado, and, as provided in Seetion 5.3 hereof, for the period of Declarant's Special I�iemhership, with the approval :. oi- Declarant. • 10.2 Pifect of Provisions of Declarati�n. Eaclz provision of- . . this Declar.ation, as the same rnay be amen3ed irom time to time, and an agrecment, promise, covenant and underta):iny to comply with each such pr.ovision of this Declaration, and any. necessary exccp�ion or reservation or grant o•� title, estai:e, ric�ht or interest- to eff:ectuate any such provision of this Declaration: (a) sha1.1 be deemed i.ncorpoi-ai:ed in each deed or othez• instrument by which any right, ti�tle or interest in tiie Project or in � any Condominium Uni� is qranted, devised or conveyed, cahether or not �et f.or-L-he or refeired to in such deed or other instrumcnt; (b) shall, b}� virt-ue of acceptar,ce oF any right, title or . interest i.n •the T�r.oj'ect or in any Candominium r)nit by an . O�aner, L-e deemed acce}�4ed, r�atiFic:d, a3opted and declar�ci as a personal coven:�nt of such Oc•mer, and, as a. personal covenant, � slzall be Uindinct on such O��nier «ncl such Owner's hei'rs, personal represcnL-attices,. successors and assigns and, as a p�r�enal � . cover�ant L-o, taitli an3 for tlie benefi.i. of' tl:c ��ssociati.on but � r�- nat to, �aith pr for the br�n<�iL of any otl�er G�:aier; (c) shall - ba i;ee:=med a real ccvcnanL- b}, U�c:t.,•�-..��, i-vr i 1-�:e1 f, i_t, succes.,or.s and �ssi.<fri�, and also �n equii:aLl.e servi.tuder runnirul, in ear.l� :ase; a.�a a l�urdcn w�.t!t �r,d �ui�un i:he ti,i:le to the 1'�-oject ±= and cach Condor�i.n_um ilni.t rmd, a:: �i .real cnv.^-_:�ant ani3 ��7,o as ari i� r.quit-�bl� sc��-vitu_:c�, shali L-e 21rcm�:u a; coven•ant and Sc:S_V1.ttlde fOl_ F tl�c, h��u:r".it ofi t::�e i�rojc.tt :lnd eacl� C+ind�•�n�_ni:u*n Unic; and (d) :i �, i�ri?.l ' . P.•cei7��i; ,; coven_?,-it, oi�li��:t i��n anc; r%^tricCic�n „ecui:eu . €; I ,; I i � :i.*� ;'at•:;r of tti�� F.s:;:�� it ion., i�u.-r7r.ninc7 anci encua!bc�r:i.ny ��: ��.�t lt� t-c, �i:li�� i�xu;j��ct_ �:r;d �.�r.li t:c::c!nn�ini�?:n C1r,ii. .�r� i:.,;�nr e= _. . Ci: 1�•_. 'I'�;.;C 'lilt'.S.G17, . � . t` . . ... . ' ' � . � � �S , - 1% - `°F;,;i;.'��* - .,�,,.:.� ¢��' *s�,,,: _ �� - `,,, � � � r : r,. - 10.3 nur.ai.zon of Declarat:zon. Each prov.ision captioned in thzs becl.arai�i.on wiltcli i> subject to the laws or rules sometimes zef•erred to as L-li2 ru7.r. �qa9.nsL- t�crpetui.ticw �o�: the r_Ule ' ' � ' �` prohibiting wireasun<�l�.le rrstraints or ali.enation shall conL-9.nue and r.ema�.n in f:ull f:orce and ef£ect for. the peri.od of twen ty-onc y«zs followfng the rleath of the survzvor of the Pr.esent Daar.d of Commi:ssioners o1` tne Pitl;in County Flousing . Authori:ty (consisting oi Joseph �. Edwards, Jr., Mi.chael Rinsley an�S Rol�ert Chi.l.d) ar. until thi.s Decl�r.ati.on is i:ezminated -- � � as hereinafter provided, whichever firs� occur.s. 'P.11 other proVisions conL•�ined �.n this neclzration shaJ.l continue atYd remain in fu7.l £arce and effect until condominium ownership � oi the Project and L-his Declaration is terminated or revol:ed as hereznaSter. provid�d. - 10.4 �nforcemeni and Remedies. �ach prov�_sion of this ' � Declaration�.ai£Tz resP<�ct to an C�evner or. �the Condominium Unit 6f an Owner shall.be enforceablc Uy L-he Association by a proceeding L-or a prohi.bitive nr mandatory in�unction or by a suit or act•ion to recover damaqes, or, in ihe discretion of the 11sso�i.ation,fur so long as an,y Owner fails to comply trith any such provir.,ions, by d�nial of all voting rights of such Ov�ner + and es:clusion oF such Owner and such Ovmer's Guests from use ) ot any Co�iunon Elements. I� cou�.-t proceedi.ngs are instituted in com�ection with the rights of enforcement and remedies provided � ' in tY�is Declaration, the prevailiny party shall Le entitled . ( to r�coves its costs and expenses in connection there�:,�ith, includiny reasonablc atL-orney's fecs. j . ; 1o.5 Protection.of �ncumbrancer. No vioZation or Ureach oi, or f.ailure to comp.ly with, aiiy provision of this Declaration i and no actio:i to enfor.ce an1� such provision shall affect, � � defeat, reni�!�r invalid or impair ihe lien af any mortgage, deed �� of ticust or other lien on any Cor,dominium Unit taY,en in good � faith and for value and perfected hp recording in ihe ofiice oi the County Clerk and it�corcler of Pit};in County, Colorado, � prior. to the time of: recordinq in said office of an instrument d�scribiny the Conc3ominium Unit and listing the tiame or names of t ' the Ocaner or. Owners oi fee simple title to the Condominium � Unit and giving notice of. such vio?ation, breach or failure to - comply; nor sha11 such t�io.lation,•breach or. failure to comply � or action to enL-orce affect, defeat, render invalid or impair i:he title or int�rest of i:he ho�der of any such mortgaqe, deed ox" ta:ust, or othe•r li�n pr the title or interest acquired by any purck�aser upan foreclosure of any sucl� mortyzqe, deed. of trust or oi:her 1i.enor r.esult of any J.iability, personal or oL-h�rwise, of any such I�otder o•r purchaser. Any such purclxascr -' or_ foreclosure shal.l, however, i:ake suUject to tliis Declaration . exccpt onl.,y i.hat v?olaL-ions o?- breaches of., or failuzes to comply witli, any provi.sions o� tliis Der.l�.racion ��hi.ch occurred prior to tlie vesti.nci oi fee simp:Le ti.tl� in sech purchaser shall noi be deem�d I�reaches or �i.olatio�zs h�reof or faiJ.ul-es to comply hereviith wi_ih res�:ect to such purctiaser, hi> heir, persunal reptesenta�i�:e�, successor or as�igns. � 10.6 I,i.rri.��e.�� Li:�':�ili' - h1c::il-.her Ucc'lurai:t, thc Assvci.ation. the 13uard o.l D�r c��or�; 03'Li�� A:�socilL-ion, nor. any membar, . � agent o-r. e;r,pl�_,c.e �,).- any pr the samc sh�:Ll.he li aU?.c Lo ro��r � , � pa'r.ty f�r ;,ny �c:Lic, � �. .'-�: n t' Y ��.2iire i:o act a�i�L r.es1�e�•i_ t to t,uy mat:ter. i.L- i.hc ._�loi� �,.7:,.:_ u� {ai..Lure to ac� was in � �Ioo<; i'aiti, ancl :ai�ii��ut- �iilli.ce. �? k? 10.7 S�,cr ,.nr �1i? A;�.iqi?:.,. 'P;��iS L':=t�1:Y'c3t1011 ShFti:�. UG �� bii',c,in�S urcaii' uz1 �i;:;?]. �.iiitii:�:��to t?�e bcrt�r.ii.i: oY tL� Associai:ion. ".�� atacl �:ri.r.L' U�.t�r,. :;.,.�7 c��:c 1:::� ts, �:�r::oilal rc;,t'�sent.it,i.v.'ss, st:cc,c.�so�.v^ � �i . � y :'l:lii 8.E's,^,l.r�ltC.: O:i l':i.`.C�1. . ' � � .. . . , . . . 'i . ... . - . . . �: . �� . . � . . � �Ci '_ . .. 4,� . . .e . � � . ' _i'�. �•�w'��kr.'J - ya = �,,;��;-,;, ::�� , R,- � 9 1 � . . : � y�e.:n:, !: Y �"' . � �..�m�..i. .n,...i.... "..�.,, - . . . . . . •. � � ... �;.� 10.8 Several�i].i,ty. Inyalidity qr unenf:orceabilit,y of any : ;.:pzovision �`tliis 7)eclarati.qn i.n whole or i�} part shall not . - - - . af.Pect the validity or enforcezbility o£ any other provxsion or any valid and cnfoLCeable parL- ok a provision of this Declaration. . 10,9 CaPti.ons. The caZ�ti:bns and hea,d3ngs in this instru- ment are £or convenience only and shall not be considered in " construing any proyisi.ons of this Declarati.on. 10.10 � No Wa•iver. Failure to enf:orce an}+� provisions of. � . this Declaration shall not operate as a waiver of an,y such provis3on or of any otlzer provision of th3s Declaration. IN Y7ITN�SS F7fI�R�OI'�- Declarant has executed this.Declaratibn . � the day and year ,first above written. � ' TI3E PTTKIN COUNTY HOUSTNG AUTHORITY . IIy . . . Chairman of the Boar ATTEST: of Commissioners STATE OF COLORADO ) ' ss` . . COUNTY OF PITKIrI � � The foregoing instrnm�nt was acknowledged vefore me this : day of , 1978, by as C�rman of t e Pit in County Housing Aut ority. zai Diy commission expires • ' Witness my hand and off-icial seal. . � �' iQotary Yu ic �. - � • � . � . � . � • � ` �-� - � � . � .i � .. . . . .. . � . �� . � f: � '� . ' '-....._.__ .,._.__._..�.......:...:. . .. ...�. .,._,.:... .......,..... ._._.:...._......�.... ._._. ..�......�.._ ._ �,� . . . ��__......�..,...... � � „ . r%';:i;.�i;`RZ:e�- w�-:_.,z.. _ ��z , ' - j. , , .. . ,. . , --... �. �: _.__�, . _ ��i.a�;r.cr Ls or• z.IC:O!;Y:�;t•l�.�a o�� or 1•�ie .i:LllI.I:*iD Ylll:i:.CCi:�1;O�I7:Al]'.Ui� ASSCC?n'PIUN ' • . . � � The membnrs of the Ec>ar.d of. Commis:�i.Qners of the Pi.tl:in � . .County liousinq Authorit•y, acti.ng as incarporators of tl�e t•Iidland - ' Peirl: Condominium nssociati.on, si_gn and ac}:norrledqe ihe Pol.lowing . I�rticles oi Tncorporation f.or said nonpro£it corporation. . . ARTICLE I - .. . . . . NAi�SF; ' ' The name of the corPoration shall be i:he I�IIDLAND PARY. , COt7DOIr1TbiIU'tl ASSOC7I•.'PION, hereinafter cal].ed L-he A�soci.ati.on. �:. AItPIG.� II , ' � PUI2POS� . ;' ' The purpose f-or �:�hich the Association 'is organized pursuant = . '. , . � to ihe Colorado Condominium Oc,nership Act (Sec.. 3II-33-101'et seq.., x . 4: . � C.R.S. 1973) ancl th� Co.lorado Dlonprofit Corporaticns Act (Sec. 7-20-101, et seq. , C.R.S. 1973) is to create a.nonprofit � . � � - � . . • � � .. �. . . !.� � corpor.ate entity to operzte and maintain the MIDLAND PARIC 3'` . s SUBDIVISION, a condominium L�roject, located on a parcel oE land � . situate in Y.itl:in County, Colorado, clescribed on E�:17ibit "A° � . .. . . . . .F '. attached hereto and incorporat.ed by this refcrence. i i } . . - . . . . - f i �. �. . ' . . . . ; hR�rrcL� Izx � � . � . i . `s - YERroi� or nuzv,mtoN ; ; • '1'he I��asaciation's existence shali be perpetual, uniess �, tern�inai:ed sooner under proc>isi.ons of the Midland'Parl: Suhdivision Declarati:on (herei:n_after "Declaration") ar�d/or the Midland Park - - Conclomir.:u:n Ae.:.o^i.atio�i 13y-La�.s (hereinaiter "IIy-L�iws") . ,....r . . . . • i�P.:iICL.`s' IV `, • P C1S•.'].;itS ; j, • �t�l�„ Ar:r;:�ci.1l:i.on :ihr:t3. li::v�� :�:U. c�L 1he co:n!nor. laar ` an�l :�t:;�i:ut:�i-y 1 ,.:�.,.:, o?: .� r.,�n'�a-nLiL- co:r;i::ral-.�o:i ti�hic]i arc• not i.n . . . . � . • � � ,'i _„.w.-..., �..:..:.,.,, . ._.....:.......�.,,,.�.� H,�...,:_� ..�,. .;: .�;., �, _ , ,.. *„�.-. `i r . �� ;; - , ;l �' • co��f.lict; tai.�h Lhc tenns o1` tliasu� lri:icl.cs. . . . . . 7.. The A;soci.ation sheill. l�ave aJ.l of ihe po:,ers arid . ' duLies scL- fw:tlx i» the Colorado Condomi_niuin O��mership AcL , , except as l.imii:ed by i_hese Ar.tzcles and the Condomini.wn Declaration ! ; ; for tl�c Piid].and Park Subdzvision, and al.l of the po�aer.s and � � duties reasonably necessa�-y L-a operate the 2di.dland Park , f F Suhdivision zs se� f:ori:h in ihe Dcclaration anci as it may b'e f �;• ;. amendecl from time to +�ime; including liut 'iiot limit2d to:the. . • • • _ _ - Y • � Eo1loa:ino: " . . . � (a) To mal;e and col].ecL- assessmentG agailzsL- menil�ers to defray the costs, espenses and losses 'of thc. t�iidland l�ar.l; Subdivision. (b) To use the pxocceds of. assessments in the . -; : . . `,;� • exercise of its powers and duti.es. : � (c) To maintain, repair, replace, and operate the ': � � . condominium property. ��; . � ,aI (d) To purcliase insurance upon ilie F�Iidland Park y�; � � Subdivision prciper.ty and protecL-ion for the f, • ��' Association and its members as provided by i:he ' ��. _ Declaration and T3y-Laws. ;!j i;� --� ". (e) To reconstruct improvements after casualty and ,',i , to further i.mprave the pr.oL�erty. (i) To maY.e and amend reasonable rules and r�yulations !i _ � t � respectinq the use of the properi:y in the Midland ; � � , j � Park.Subdivision. � ! (g) To enforcc by 1ega1 means the provisions of. o � , •� - • the Colorado Cvndomini.um O�mership I�ct, the i _ !,'i Dec1"arat-i.on, tliesc•Rrti_cle,, the I�y-Laws of � 4 � �.i i�ssoeiation, and the ru3_e> and regulation� for ',� � _ t ihe uue ot t:1r; F:?c'±rn�? P�u`i: ConiauntLlllunt p�'Cp�Lty. � ! (I.? Ta.c:oni:r�.ict fa�- L-}i� managcm,^_nt of tl�;: 7]i.dland _ !i, 1?�r}: ��u}?��i.vi s:ii,ai a?id Co ci��lr.��itc t�� such ru�r�aqing • agc:ii: :;7:� 1�:,:cr,� tincl di�i_ic�:.' o;: t}ie I:c,�nc:i�:tL-iv�l ' c:rcc��i . ;x: ::ucl� .,-c :r.>c:�:l;:ica.l3.y xc:cl:�ir,•.�u by t•hc: � ;�' � ': � ...._,_ '_._ ..�_..w..a:<.a�-...c;;Nw r.a_,..�.»:i�;...._.....:rY..i+s�.. �.l:.�..::a�.. ��:�. ..,... :::t.. � ,..: . . . � �_ . . . . .,..,:. . ....:�. . .:?.r . •. .n:, . .:.. �� . �r.. . ��'� t'+� _ � . . ., � . .. . . . . . ... .._ . , .. _ r`' . . � � ).� � � �. '. - .� � . �. �. . i� . i ' Declarat•i.an to have appr,oval of Lhe L�oa�.'d of• • - - _ . . . . . i Directors c�r the membership of: the Assr>ciation. � . � (i) To employ pci:sonncl i:o perf:orm the srrvice:; • : j . required f:or proper opea:ation of the Miclland � ' Pa�-k Subdi.��ision. • �; . ` - (j) To collect delinquent asses�ment-s by sui.t. or . i• � • oLhei-r:ise and to enjoin or se'�., damages irom an : . � ._ o:,ner. as i, provided in the Declaration and By-La�as. � • � - � (k) To i�roteci: anQ deiend in the name of the 'Associa- � ' . ti.on any part or a].1 of the c�ridominium projcct . � - � r' fr.om loss and damages by suit or oiherwise. (l.) To borroti•� f.unds in oidcr to pay L-or any er,penditurc � or autlays �:equired pur.suani� to authori.ty : ti . . . .. , _ r.... granied by provisions oi the Dcclaratioii and ' � ` By-La�as, and to execute all such instrwnents � , ' ��: • (evidencing such indebtedness)deemed necessary. �j (m) To execute contrac�s to carry out tl�e duties � and powcrs of Lhe Association. �� - . . . (n) In gener�l, to carry on the administratioi� of • � . ; ihe Association and i:o do a].l those thiiigs . neccssary ard reasonable in or@cr to carry out �; • the yovernincJ and�the oper.ati.on of the t•7i_dland ;; � Par.l: Subd:i.vi�ion. � ` 3. 'Phe po�aers oi tl�e I�ssociaL-i�n sha11 ]�e subject to and . i , shall be�exercised in accoi:d::�ice wiCh the prov:i.sions of the hiiciland Par.k Condominium llec].arat-.i.on and I�y-L�t•�s of the Associ.ation. !i I�1:T7:rr�1; V . , I•'l;f•iF.13.^S Ol� 9'ill? lS:;�C.I'ATION . l. The irc�ml�ers of thc na:saci.z.t5.on sha:U_ consist of a11 � • recc�.r.d u,�uc.rs ui: con�io;u,i.ni.ur;! unii:; 'nf. i:he i%ii.c.-'!..u,d Peir;; :iubdivision. ;:�� T.. Ciia,�gc o.F. rn�.:mbc��::;t�i�. c�.f: I.'•.�: 1'�s::oc?.aL.i t�n sha.11 be • � ei`Lo.�:l�.i ar,�'. _.::1-: L;.'i:!�irii 1,;: i'Lr, r�:,�r,,::'iru.� in .i:hc .;-:ul,.l•ir_ rec�,s:d:s �'� ;'$ ) .- � -• : � � . � � � � . � i�. i il ..�_..�. _ ,.�...�._ ,.i.:.r.,.- ....�_,.s�. �....,....._ ....._ . , ,_.., .. .,�.. . ......_.. �,. . ,. �f'"e w,;.,.,-. �l;' '_i:' _ , .I-. �' � i . . . . � j�� Y:. �. .�1 c�L Pifi.S:.in CouTit:y, Colorado, of: � Qi�ed or oUicr instrumenL- esLah•].ishi.rig a r.eco.r.d tii:].e to a condo�ni�iiuia u�iit i.n thc I9idlZnd . ' P�r}c Subdi.vi.sw.on and i:hc dclivery to thc Association oi �iny � natice ot- change in o�,ner�liip as may be required by' tl�e Declaration - , or T3y-La�•�s. 7'he member.ship of the prior o�aner shall thcreby be ter.minated. 3. Tlzc share of• a meml:,cr in {:lie funds and assets oi t11e � 'Associatioii caiinot be assigned, hyp�thecaL•ed, 'or transferred in � any inanner e::cepL- as an appurtenance to his condominium _unit-. 9. Tlie mcnnbers of the Association shall exercise voting ' ' r.ichts az?purtenant to eacli condaminium unit owned by ihem. The exact number oi votes to be cas� by o��mers of a condominium uuit and ihe mann�r oi• exercisinc7 voters rights shall be detcr- mi.ned by the Declaration and IIy-La�•�s oi the Association. _ ; ' . t ' . AT2TICL� V . ' i; . SOT>RD OP DIRP•.CTORS - �� l. The afiairs oi the 1�ssoci.ation �,ill Ue managed by a ` j'. Boar.d coiisistinq of the number of Direci:ors as shall be �' � dei:ermzned• by the Declaration and Py-Laws, bui: not less than three (3) nirectors, and in 1:he absence of such cletiermination - '• � sHall con�ist of L-hree (3} Director.s. � ' 2. DirectoYS of the Association shall be elected at i:he annual m�eting of ihc memb�rs .in ihe manner detcrmined by the� . By-Latos. Dirc:ctbrs r.iuy be removed and vacancies on the Board � � � � ; �of Directors shall be fi],led in the manner provided by the. iiy-Laws: '. 3. The initial Buard of Directors sl�iall consisi of three Directors raho sliall ho]:d ofiice unL-il {:hei_r succe�sors are. elcci:c�d „r•d l�::v.-• t�„ti iL:i�:�c;, or unt:i7. rrrnoved. '1'i?e i.nii�.�l � � � � . � mcr�bcrs of t.he Iso�r:1 of llirr_ctor;> �LC thc foI].a:aing: ' . Iltu-}_ ;?ani.elsen, SQG l:;irt: Itaiii Si-r.ce�, Itsper�. GO f31G11 . . Cro' ��• (•�rl�-, 5f)t, ,t;:i::C J•l:u.t� .,crC:eti, il:�pe)'�, C�_l G7.611 � J<�,uixa Slul:lcr., SO(� i•;u�:i_ ,_.�.in :>k.rt•e�t, �::pen, CO fs:�G:l.7. i , � i 4 .. . �. . . . .. . . � .. _ a , ::.,.. _...: ._.._:.,..,." ._. .:._ . . .:.,.:-_ 5..�.>:. .... ,� ._............._ .:..�.�.��.. ,,;:_.�;:;»_.:...�: „. .:., t...:., .. �:;-.:..:. , ,. , .1:�N..zy �.i.^ � .;r-.K.�r�:�...y.J ��f�.. � . . . , ... . T - � . ,. �.:.,.� ., . I�.v. ' -. ,' ... ::.. . ,. . � .�., ' .:. � .� ,.� ,�:-. .. . .�.-.,. . • . :.. .:�. �. , ... , :. .�-.- .. . i�:�-., . . �. . ,. ..�... . ., .. . .. . . �.. Ri_. ....r . . .. . ., . . . �� . � � . '. � - . .. . � . rri�ri�rlL; v.�. � orr•z�:t,i;c, o� rrn; r��;socz,vr:co;.a ' - ].. 'Phe ��S.L•airs of tlie A:<:,ociation e..hall be aclmiiiistered • by of.ficer:: electr.d by tlie I3oaid of DiLector, at it, .firsL • mecia ng fo].lowi.ng the annual mc,eL-i.ng of tl�c: membcrs of the . Association, :•�hi.clr off:i.cer.s sha11 serve ai: the plcasure of " the �3oard of llirector�, 2.� The names aizd addressc> of ihe aif'icers �aho sliall � serye un�il i:he�ir successors arc .designatecl by thc Board of Di.r.ector.s are �]Ze £ollot:�ing: � President: � idarJ: Dani.el.sen, 50G East i•iain Street, Tspen, 'CO 81G11 Secreiary - Trca,urer . Sandra Stuller, 50G L•'ast Main Streei-, Aspem, CO IIlbll � i. , . , . ; . : l�lt'PICLT: V T.l" . R7iGIST�;Ii�D OPFICI: I�I�D 11G�?vT '' The RegisL-ered Ofiice oi L-he lissociation sha11 be 506 � Easi.h4ain Sireet, Aspc:n, Count3� oi- Pitkin, Colorado, 81611, and the P.egisterer3 ngent oi L-hc E�ssociation, �•�hose address: is , �� identical �aith ihat of the Reyistered Oi•:Ci.ce of th� Associai:ion, shalJ. L�e Mar): D�inielsrn. I�RTICLI3 1'?. � 1�OI1PI:O�TT ASSUC:IATION . � • , Thie,. Associ.a�L-ion i.s not or�;:uu�ed for prc�Eit. No meml�cr, member oi the Poarc3 of: 17ixector;;, oLficer or.person irom whoin the Associat•ion may recoive an,• prc�:,ertl or f:uuds sh�:ll reccive or sl�a7.1 be l�lvfu.l?_y enL-i.L-led to r_ec�ive any pecuni.�iry profi_t # from t17c op�s�t.i.on tt, .r.ca�, ari�l .'ui no evcnt shall an:,� part �` i oL Chc, funds -vr. ��.s::et� oi. i i� :•�._ ..;.,:ti.on L'e pai.cl zs �<alra.ry � ,.or. com;?•�nsc:l:i.nn to, or di<;;.ri1�u'..•:��: to, o.: i.nurc tv i:l'i4 ]�enefil: • � - O��i.l.tll� !fl(.11��E[:1' O .{=�::D lO::i�Cl Gf.' 171.. - _, i:.i);"::� G1'�'1CC'7' Ul' ll«.Ill}:i(>.'f.� � � . ' .. . . • • . . . . . � . � . . � . . . . a . . . . . . r' . . . . . . � . �� . , . . . , . . . � . �. . . . . . , � . � . � . . . � � . � . . - � � . f (i� w...u..�:.a�x4.w.W.u.la'w'+r..P ��e.:�� ........�.�...:.....c "�.,:..�.....:��.a.., ',_..� ...�i,:�.�:«�� .....,��-,. 11..._:�i,�. ..«.... .r !wt.-> . . . ` . r_, ��^ ,.,.�,,,,� -,�,:��;n'' ,G�'�F. � . r��.� . . , . ,...,_. •:;. . . . . .. , _ . , _ . - . ,. . : � ' ;; --a �.. rrovi.deci, huwc:vrr, alway;; (a) tha�i: rcason:.�ble coui��ensaition may bc: pai.d t.o any ir,emb�r, Di.r.cctor or off5_cer c•ihile actitzg as an . , agent or emp].o��c•a of tlie� lssoc.i.ation for servi_ces rendei-ed in effecting one or more ot i:he purposes oi t:lie Associ�ztion, anci �� (b) that any meml>er, llirector or oificer may, from i:imc to time, be r.ciml�ursed for his actual and reasonable es:penscs , i.ncurred in conncction e�ith L-he administration of the aff-airs oi- the Association. � ' . AR'PICLL'� X . _: I1Qb�ldI�2PICATION • 13v�ry Director and every officer of tlie Association shall be indemnified by the Association against all liabil'it_ies, � i:ncluding counsel fees, reasonabl�� incur.red or iniposed upon • him i.n connection �•rith any proceedi.ng to wh9.ch he may be a . party, or i.n i:+hich he may become involved, by reason of his being or having been a Director or officer Of .i11E: Association or any _ settlemenL- thereof, whether oi noi� he is a Birector or oificer .at ilte time such expenses are i_ncurred, e>:cept in such cases � �� _ wherein tlle Director or officer is adjudged guilty oE �gross '. neglic�ence or willful mi�coiiduct iii'the performanc� o'i his � dui:ies. The foregoing right of iizdemnif:ication shall be in ' + . . � . ' addil:i.on to and noi: "exc.lusi.ve oE all oL-hez riyhis to a:hich such Director or of.ficer rnay be eni:i�L•led: by reason of i:he provi:sions � ` . � of the Condominium Dec7.ara�:ian or. A:>soci.ati.on's By-La�•�s. ' . _ . , ' _ 11P.TICL� ?:I � , ' BY-LAY:S The first 73y-Ta�•�s of i�he elssocia{�ion sl�a.il be adoptecl � �� . .}�y't•he ';ioarcl o;: Directors, aud � .= l,c: a].t.tu-c.�d, am�:ncled or. , recei_ved in thc: I^�ll1IICL' ].:1UV1GL`CI 1;� ttic Dec.lax•ati.on or. IIy-Laws. - � _ G .' . � . : � _ • � C r � �� , .�._._._...�.____..�.�__.�_.�._..w.�:._J..__..�.�_:.� Y�:�:.._.:.�� ..�.,. ....._._..._•--_... ,: ._.. __.,.. ��a�..;.� � t ,..,.. ,. �. . ��-x;:..�;,;�� '°...•,��.�;`�; :��:=::.. ,i n- � � . . � ,�,: � � . . . . � .. . . . - . . . . _ . . . . . . . a�.. . . . . . . . . . ' � . .. .t.; A1:'PICL!•: X.T. _ , T.f%iT;i•:Di•1liiv1'u' ___. . • ' - J1me3�dmeni-s to tl�ese e'lrticl.es of SncorroraL•i.on �heill be ' ` proposed,'adoptec? aiYd execui:ed,� ac}:nowleclg.ed and fi].ed �vith the Secrei:ary of. S{:ate, a]_1. as required by t:he Co.lorado Nonprofit "� Cornor.al:ion nct. � - . • • ,,, ' � . AP.'PICLL.fiII- • ' . IIQCUP.I�UPu'�TOP.S ' � . • - 'Phe ioregoing 1�rticles ot- Incorporation are suLmi.ite@ encl ' subscxibed by the follo�aing members oi i:he ]3oard of Commissioners: of thc 1?itl:in County llousing Atithority, •acting as inco�porators of ihe llidland Parl: Condomin:i.um issociation: . Roheri: CAild, 50G Tast h5ain Strec�, As�en, CO 81G11 . Michael l:inslep, 506 T'ast Main Street, Aspen, CO II1611 �osel�li L'. P:d�aards, J'z., 50G rast rSain Street, Aspen, CO 81612 IrI WIT'NFSS WIiGRI;UP, ihe incorporators have affixed their signatures on ihis day of: , '197fl. � BUA]:D OF COi�ir1I5SIONFRS Or TFIE,, P1TY.IN COCJNTI' lIOUSIrIG AUi`HORZTY • l:oberi: Chi;Ld, Cltairman . . � . . �. .. . .. :� . � . � . � � � ' . . . � �-.y . - I�ficJ�acl ;:insley, Diernber . . ' � � J'o.^,c:plz E. rdcvards, Jr., Member • STZ�t'L GP COLOR;lbO ) . • ss. - COUidTY 0]? 1�T'.i'1:I?d ) 1 , a l�ota�_y PuUlic :�n and i`u�c �.:ii.d�C'�iil;it.y,-5.ii i:li��S, 1 c� a,� c �_:i<�, rlc, ];erel�,y cert:ify � tl�at I.,r�:tl:;l..0 Cll:fl..11, -:L��ie n ,;�c. �.; 'si!l��:r_�r.:ibr:d zind ann^xecl to . i:h:� forc•<��-,i::.� ;:�-ti.cl'e:. oi Incor�,o�atinn, :i�:pc�aLed butore me " t1�1 d..i� t�� :ti i;� :� ' i�;�i; J�.cic;;:ci iliui: hr. �i.gnaQ, >ealcd -and . dc..l:��.i:�1 �J�e. ;«5.d :i... i__.ir,.:.;,t. in �.r�:itinq ae; his fi:e:c anci voluntary ;�c:�, fur �ji:^ use^.: :�rd ;�ui:,,u-:�r:; Li:::�rr�:i.n .:c�l: fi�tL'h. - % y � �' , . � . —�...... ._, _.._...-,�. . . .�. ...�... �W,v.� .�:t+it�R4 A .na:`�� 4�.r • S . . . . . �. . . . � . . - : . . �.. .'�'k�:�:•t:,kr . .l.�y�+•1� .. ��ai'i".,.Y��'��&s�1. . ;"',yy..� - :� :.. . ,,:._. . . ' .. .�::, ., . :.. ._ . . .... . � _ , . ,, .. �.� .. , . ..... . . .,., �i. ;. .. . . . . . � . . . ... ., ..�....... ......_.-- . . ... . ... .,_._. . .:. �.... .^. � ,; , ,d . � � . , ¢, ,_ GS.van under. mp rt�a,a 1„a npL•a�;i�l �ea1 tl�zs. d�iy -:. oi � ,• 197i3.. � . ' ' _ . ' ' NoL-ary P'ublic , , ]�ly commission e:;pires: ' ; � STFa7'E OI' COLOR�.UQ ) 5s. .. COUhTY OP �TTKIN. ': ) -. _ '' . ' 2, .. , . �•-- . ��-.�-a Noiaiy.Pul�lic� ii�. and. ior� said Couni:J, in i:he State:aEoresa'id, do l�ereby certify thai ldlC}I��L•'L hINSLEY, whose name is suUscribed anc3 annexed to i:he Loregoing hrti.c.Les of Incorporation, appeaxed befor� me this day i.n person and acY.no�vledged thai he signed, sealed and dclivered the sai.d insL•rwnent in S4Y1'L"1RCJ as his f-ree and vo].untary � act, for the uses and purposes therein set iaxi;li. Given under rny hand ancl notarial seat this day of , 1978. - Notary Public i . ,My eommission expires: . � STATL' OF COLOR11D0 ) . ss. i . COUIdTY OF PITY.IN .. .) ( • _ I, � , a`Notasy Public iri I _ • �nd for saicl County, in the .State aforesaid, do hereby certify . that JoSL•'PII L. LAP7nRDS, JR., whose �name is subscribed and anne}:ed to the foregoinc� �rticles oi Tncorpor�tion, appeared bef.ore me . ihis day in person and ackno�:�ledged L-hat he signed, scaled and • deliver.ed the said instcrument in F�rii�irg as his free and voluntary' act, ior the uses and Purposes therein se{: iwrth. Gi.ven under my hai�d and notarial seal this - day � '' o£ , 197E. ' ' �� lyotary Yub15_c My c��mriission e•r.��ires: . • ' � ' . � . • i i _ . . � : , - t3 - � � � � � � . �. � � � .. . .. � . � - . 1 . . . . . . . . . 1 , . . . . . .. � � . � i . . . � . . � . . � . . . . . . .. .... .7 ' i .. . ; .._........__..._..__..r._....�.._...:.�.__._...,_,._.......-+-.--+.-••�.�....�..�.-,�.-.........-.�.:.,�;�.«...�....�...«....-....._._.....�____._..._.....�..�..».�-......�_.�:,..�_...= 'i . . .�. . . � . . . . . ..... .... . �i�.e � •.:k