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7/18/2025 11:06:05 AM
Creation date
10/7/2011 11:25:38 AM
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Meetings
Meeting Document Type
Agenda
Document Title
Housing & Redevelopment Authority
Document Date
10/11/2011
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arising out of the exercise of the easement rights, and shall take reasonable care to avoid <br />interfering with the use of the property. <br />5.2 Proieet Sign Easements. A nonexclusive easement in favor of the Master <br />Declarant and the Master Association for reasonable access on and across -any Unit to erect <br />and maintain on any Master. Common Element monument signs and related improvements <br />identifying the Property or specific Neighborhoods, Nonresidential Units or Buildings, or <br />features. In exercising their rights under said easements, Master Declarant and the Master <br />Association shall take reasonable care to avoid damaging the property on which the easement <br />is located, and shall repair any damage arising out of the exercise of the easement rights, and <br />shall take reasonable care to avoid interfering with the use of the property. <br />5.3 Restriction on Easement Grants, No Owner or Member shall grant any <br />easement or similar rights upon any portion of the Development Area without prior written <br />approval of the Master Board; provided, that such approval shall be unreasonably withheld if <br />the easement is for a purpose consistent with this Master Declaration and does not prejudice <br />the rights of any Owners or the Master Declarant. <br />5.4 Contiguation and Scone of Easements. The rights and easements granted or <br />reserved under this Section 5 shall be appurtenant, unless otherwise indicated. The easements <br />shall supplement and not limit any easements described <br />id elsewhere in this Master Declaration, <br />any Neighborhood Declaration or any other recorded <br />SECTION 6 <br />ASSESSMENTS FOR COMMON EXPENSES <br />6.1. General. Master Assessments for Common Expenses shall be determined and <br />assessed against the Members by the Master Board, in its discretion., subject to the <br />requirements and procedures set forth herein, and the requirements of the Bylaws. Master <br />Assessments for Common Expenses shall include Annual Assessments under Section 6.2, <br />Special Assessments under 6.3 and Neighborhood Assessments under Section 6.4, Annual <br />and Special Assessments shall be allocated among the Members as provided in this Section 6. <br />Notice of Master Assessments shall be given to the Members as provided in the Master <br />Bylaws. Members which are Neighborhood Associations shall collect and remit the amount <br />of one year's Master Annual Assessments to the Master Association upon the closing of each <br />sale of a Dwelling within each Neighborhood Association to third parties. <br />6.2. Master Annual. Assessments. Master Annual Assessments shall be established <br />and levied annually by the Master Board, All Master Annual Assessments shall be allocated <br />based on the surface area, in square feet of each Neighborhood Property, Nonresidential Unit, <br />or upon Residential Rental Unit relative to the area, in square feet, of all Properties. Each <br />Master Annual Assessment shall cover all of the anticipated Common Expenses of the Master <br />13 <br />32111075708 220716 8115105 <br />
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