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02/07/84
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02/07/84
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Meetings
Meeting Document Type
Agenda
Document Title
Planning and Zoning Commission
Document Date
02/07/1984
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appurtmr~ nt ~ and may not be separated fro~ the unit upon which it is based <br />and ah~l t~ after automatically by convey~ce of the unit. No person or entity <br />o~he~ t~n ~ ~er o~ ~cl~t ~y ~ a m~r of the Ass~tatton, and a member- <br />ship tn ~he ~sm~tatton ~y not ~ tr~erred ~xcept tn connection with the <br />t~ans~ee off:~ttle to a unit. <br /> <br /> Fere~ who have bec~e ~rs oF ~he lss~atton, u~n acquiring a <br />d~ Of[,~onveyance [0 a untO, ~hall deltve~ to the Aes~ta[lon a copy of <br />said ~n~_. oF conveyance. The n~ ~er des,~ated by such d~ent shall, at <br />that [t~ ~entered on the roll off ~bers ~tnta~ed by the Ass~tation, and <br />the m~e~sh~p of the prior ~wer shall at that t~ ~' deleted fr~ the roll of <br />me~es~ If~the conveyance ~ by C~tract for ~ed~ the contract purchase~ shall <br />at th$[~[i~lbe entered on the roll of m~rs tn addition to the contract seller. <br /> :~ctt~ 2. VOting: The As~tatlon shall have t~o clas~es of vottn~ <br />m~be~shiP, Class I ~d Class S. <br /> <br />the eScSp[i~ of Declarant (except as Dec~ar~[ ~y be converted [o Class A member- <br /> <br /> C~ass B membership), ~d s~l .be entitled to one vo~e for each unit o~ed. <br /> <br />mem~;, ~e vo~. fO" such ~i~ shall be .xe.cised as they, ~n~ themselves, <br /> <br />unit.~ ~If a~ch peeaons c~ot dete~ine h~ to cast the vote for the unit, ~uch <br />vote s~ll rio[ ~ co.ted. <br /> ~S. ~iasa B: ~e Class B ~mbe~ shall be the Decl~t ~d shall be enMtled <br />to f~v~ (5)~votee fo~ each unit ~ed tn a property l~ated upon the Development <br />Area, ~Cla~ B ~mbershtp shall cede ~d ~ converted to Class A membership when <br /> <br /> V~[es outstandtn~ in the Class I ~bershtp equal the total votes out- <br />s[a~!~ in'~ ~be Class B ~bershlp; provided, h~ever~ that the Class B membership <br />of ~ar~t shall be reinstated as ~ ~its ~ed by Declarer in additional <br />properties ~d whenever additional pro.tries ~e duly established on the <br /> <br />of ;~r~a~ B of this Sec[l~ 2. <br /> <br /> __~roper~y_RiBhta in_Coe~n P~oparty. <br /> <br />ttem,b, ere ~aaements Or En;{o~en, t'-; .gver.y member* shall have a <br /> <br /> <br />
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