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10/11/11
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7/18/2025 11:06:05 AM
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Meetings
Meeting Document Type
Agenda
Document Title
Housing & Redevelopment Authority
Document Date
10/11/2011
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Neighborhood Declarations, which approval shall not be unreasonably withheld or <br />delayed. Master Declarant shall ensure that the Neighborhood Governing Documents <br />delegate to the Master Association the powers described in this Master Declaration and <br />are otherwise consistent with the Master Governing Documents. Following the <br />creation of a Neighborhood, this Master Declaration may be amended to (i) redesignate <br />Neighborhood boundaries, (ii) change the number of Units in a Neighborhood or (iii) <br />combine or divide two or more Neighborhoods, as provided in Section 12; provided <br />that the Neighborhood Governing Documents shall be amended as necessary to <br />properly reflect such changes, and to fairly reallocate voting rights, Common Expense <br />obligations and memberships. <br />3.3.2 One or more Neighborhoods may petition the Master Board for a <br />combination or a division of the Neighborhood or Neighborhoods. Such change may <br />be made only with the written approval of (i) the Neighborhood Boards of the affected <br />Neighborhoods, (ii) the Master Board, and (iii) the Master Declarant so long as it owns <br />a Unit for sale. The petition shall include specific details of the proposed combination <br />or division, together with whatever additional information may be required by the <br />Master Board. The Neighborhood or Neighborhoods making the petition shall be <br />responsible for the payment of all fees and costs in connection with the petition and <br />implementation of the combination or division. The Master Governing Documents <br />and Neighborhood Governing Documents shall be -amended •as necessary to reflect the <br />combination or division properly, and to reallocate voting rights, Common Expense <br />obligations and memberships fairly. <br />3.3.3 Each Neighborhood Board shall be elected by the Owners of Units <br />which are located in that Neighborhood. The Neighborhood Board shall represent the <br />Owners in the Neighborhood in all matters with respect to the Master Association, <br />including voting, as more fully described in this Section 3 of the Master Bylaws. <br />3.4 Mernbershio. Membership in the Master Association shall be governed by the <br />following qualifications: <br />3.4.1 Each Neighborhood Association shall have one membership in the <br />Master Association. The owner of each platted lot, including platted outlots, occupied <br />or intended to be occupied by a Nonresidential Building, shall have one membership in <br />the Association. The owner of each platted lot, including outlots, occupied or intended <br />to be occupied by Residential Rental Unit or Units, shall have one membership in the <br />Master Association. The membership shall attach to a Neighborhood Association at <br />the time the Neighborhood Declaration governing the Neighborhood is recorded. <br />Except as expressly provided in this Master Declaration, a membership shall be <br />appurtenant to and shall not be separated from the Neighborhood Association or <br />Nonresidential Unit to which it is attached, and shall be automatically transferred to <br />any successor Neighborhood Association or Owner of a Nonresidential Unit. <br />9 <br />121110757,4 820716 8115105 <br />
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