HomeMy WebLinkAboutBYLAWS - 08-00543 - Neil Smith - Lot Split - Preliminary Plat4r
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BYLAWS
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��'.��T,.,-cY REHUSElV OF REXBURG HOMEOWNERS ASSOCIATION
City of Rexburg, Madison Cauni�.�, State of Idaho
THESE BYLAWS are made this 19`x' day of the month of September, 2007, by TREHtiSEN'
U -F k(L4 XBURG HOTvIEOWNERS ASSOCIATION. a Idaho Non -Profit corporation., a.
planned development in the City of Rexburg, Madison County., State of Idaho_
ARTICLE I
BYLAWS MEMBERSHIP AND VOTING RIGHTS IN THE
ASS CIA TIO,:.,.
L Membership. Every Owner. upon acquiTinor title to a ull- a, M
tl'sh- Hauto aticall"become a member of the Associati
ion
and shall remain a member thereof until such time as his
I of s
uch Uhit ceases for any reason at which t�
Ime
h,1 1_flt11_1Mrsh1P in the Association w1th respect to sue
7 Un't... �hall automat'mlly cease and the successorOwner shall
er
inbersh1'p in the Assoc'at'on shall be m'-and*<itory shali be appuftenant to and shall not be
sep ara• ted -f-rc) n th e. 0 wn ship of a Unit.
e.r
2. VotIM12 Rights. The ass ion•.-Sh.a.11 initially ha��e two classes of Vot,
111cr Membershipsag of
votes of bodi classes b6i
':for determining the presmee. or absence of a quorum at Assoc'afi
oqual valb*e' dsjo all i -natters ex
C ep
i ion ineetings. na
w,hich case S'Ukh det,enninatl'on. sWI-be i-
nade as 'f there were no Class B Voting ritdits-
a) Class A. Ea'ch---'Owner, 1,11cludi"'.' - shall be a Class A meniber enfitled to One �lote for cacti
Un it 11n
which such nie'rnber hold thi� in erest required for Asssoc'at'
i ion rneinbership.
b) Class B. Declarant§td1J---6 'ffie", only person lit1tl d to Cl . otlTio 1,1911ts which shall ejitifle De.clarant to
one vote for each. Clas§'A.�' of ;g right outstandi
ing at the tirne,
V cl('n
uding any to which Declarant is entifled)_
Class b Tits shall terminate and becorne a -nullity oii the carlIer office,
L The expiration. of 90 days followhig the date on which the total outstandincy Class A voting rigilt, ot-1 T
than those held by Declarant, equal the total inumber of Class B votin or
-1-ioilts- to which Declarant is
entitled pursuant to the provisions of this Section
On December 31, 2015; or
iiiUPOD suirrender of the Class B voting riahts by Declarant in wr'
itincy to the A
j1_ ssoctabon.
---.� Upon the termination of the Class B voting rights, all, member, including I3ecIarant; shall have equal Votin%b rights as to all
matters except as they maybe limited in Se
ction 4(d) of ARTICLE 'V in the CCh'R Declaration.
Multiple -Ownership Inttrests. In the event, there. is mort than Me Owntr of a particujar Unit. the vote relatinor to
such Unit shall be exeTelsed assuch Owners may determine
the total numb�r Of votes art nant to such Unit be cast with I, t to any; ISSLIC. A vote cast at any
Association meetin.1%, Or by written consent by any of such Owners, whether in pt��rson or by proxy., shall be
con.clasively prurd to be the ntirvote attn"butable to thc applicable
I.-necting, or in writincr, by anothei- Owner of the same Unit, in which even no vote ail be counted With FCSPeCt tO SLch
Unit except to determine the presence or absence u rain.
4. Records of Ownership. Every Ownershall promptly cause to be duly filed f Iold in the, Public Records the
cnveva ne document (or in the case of contract buyer a copyf thesales t r oti c einterest) thim of lel
Unit and shall file a y of such conveyance docum t with the Secretary of the Association, wb o shall niaintaiii,
record f- �lln e sh ' tile Ull ' t nr who moil ur
i Unit -Int l�e t t� r ire l� II t'y tipsSecretary
..
of tAssociation �" the ���r� d�- of the Mrt.�� �d also
the Association shall. maintain all such in r tl n rj-downership.
Ime
tarn and reit' on infonnation froin the Public Re, .; cr rdincT the � � ,
tt. �lt7 � 11'
5. of Meet'lla. Meet,
4t) ings of the Association shall be 1161d:at sucb sultAle. place conN�en'
lent tt ners as my
be d �. to theo the M thenot"
ter
meetings6. Annual Meetincrs. Annual f the membership of the iion shall be meld 'n each vear beainjim'g
Year 2007 on such month dav and time as set forth in the notice thrF _ -
meeting, a month t r than'month of the ' n ti l �� t n c� may b
chosefljr.it is deemed by the o r i to be
morc convement. At such aimuat i t i n� thore shall be elected '
11'ectors ofthe Board, as needed. pursuant to the
provisions tlLatr. Firai� :.
, - 1 1 e ent a . such meotinas as well as other
business of the l i n properly iia : before each tneetfilla
§ident shall r: ' 7. Special ti e : ::.a i t meedngof
the pier directed by a rl ut' ll of the rd or
:.e ...: to to I voteI t%e Association having been
presented to tht Secretary., N o " hall .n-8"a6ted at a speciali
ncr except as stated in the notice thereof
unless consented to by fi t y .r nt ' %) or moi- t'he'-0w :ners present,l th
in person oiNotice Meetings. . T. rtry shall ma.il a notice each annual
or letinstating the rthereof as
well as the time, and place of the . etin c t j.
Owner R ai-d t least 1but i)
t mthan 2 s rion t such
m ting• Th mailing not' � � li g U.S. Yi
in person, shall be considered Notice sere
9Qaorurn. Except as provided in Sectioll 10 of ARTICLE III of this Dec• arab oll, Owi3ers present ill person or by proxy
at any membership dulv called pursuant to notice sliall colistitute ra�� � F
� � urs. t .�� meetings, both annual and spe-cial;
r vi fir, that d � 1 ti � z titled to cast at least forty percent (40%) of the totai
r
Association votes cllcdble to vote.
10. A4jounied Meetings. If a mceting of Owners can -not be organized because a quorum is lacking pursuant to Sectloy, 9
of this ARTICLE, the Owners present, either 'in person or bv proxy, may aqj ourn the mootifig tO a firne not less than
forty --eight hours ro the time e the oricrinal meeting was Calle
at which time the requirements for a quorum.l1 be
reduced by one-half that required at the immediately pr din meeting.
Offlicers. T -he Association shal I have a President,, a Vice President, a Secretary n d a Treasurer, all of whom shal I be
elected y aiid frrxa the r.. The Board may oint an Assistant -
0111Y tile Offices of Secretary and Treasurer a filled by
tle r. The. officers shall be elected by the
Boara in an orr� onal meet'
,,aniza:ti
M(�T Of the. BoaTd
immediatelyfollowing each aniiu l incefincTof 0%vner at wh,ch t1le
new Board anflf to be elected.- provided that until Board mcrnbers areltd by Owners pursuant to Section
ARTICLEARTICLE< the e officers qll be. appointed by Declarant.
a) President. Uie Prcs1'dtiit shall be the chlef exec
utive officer of the As
i t.r ori and shall prtside at all
rnectings of the Association and of the ard, The President shall have, all the rural powers duties that are usuaily vested in the office of pi-esi'dent of a srrlul 'lar � p assn r atI .
b) Vice President. The Vice President B al i take the place + , *
President and drt�'s
' T'
� rr��r th rsit 's �.nt r ��ab I act. t+ I ��i�tl�r tl�. �'7
. r- ice Pres'dear is able to
act, the Board shall appoint solve other rn r b r of the Boas .
I i cle
d t d :s o ori an Int rm s i s. The
President shall alsorforn.1
such other duties- as shall
trom tunti ine be imposed on him by the
board,
0 Secretary. Th Secretary shall theglut ill �i .
h oars and the gluts of all
Meetings o the Association. The Secretary sal] have char
IF?f such book.s aiid records as the Board
may direct and lie shall in general, Perform all duties 4 cident t
the e of steretary of a sh-nilar t y
p
asslati oil .
d) Treasurer. The Treasurer shall have responsibility for Association r1 sand
shaitbe responsible for
keeping full and accurate . ' count of rel receipts and disbursements in books to ng to the
ssiatls. The Treasur-:-1 responsible the d :. .
1 r a� ter valuable
effects in the naine and to the-:.. l+ it'of"the Association ire
such depositor'
rs as may from time to
time
designated by the board.
12. Initial Composition ofBoard:DeclarantControl.:'',D'''"'eclaraiitat''.,
13 11 ave t 1 e r',orht to select the. initial Board
may F orupo s t x r r 1 rs, -none o wom .:i d N��1 r' , 11.1 .:: rrr 11
.: s of the aril * place
the Board, Such right of the Declarant to appoint the Board . r to P erfon-a.r tq
d-ufies, sb ll rema'in in Declarant until
the t rininatlon of the Class B voting ricylxts as provided inns .tin 1.2(b). a'
�vh icb fime. the Association shall proceed
to elect nie r�s of the Board accordance with the Ass :'"'
ion's Bylaws as set foilh I'll section 13 ofthis
-ectors or a fees : Owner Control mposit '
Boai.,d of DiT
lorl EleotionVaair i
.Subjc-ct 6.1
t-rsi'
Sectio`612 of this AR' I � .the a- s l s
_. :: � b r . cacti bom shall b a ner(or an
o ff i cer, director, or acrent of a noia" :ind vi dual Owner )+ At
the rstit. i l S t I t t Board two members
sly all be el ec"te.d. to a three- ear t r� t two year term
01'e -
Year n t 1' ear. term. As members' tern -is 1r .'.
ncw members halt"�b.e eltd foi- 1hr.gar tem -is and s�. alI serve n the Mrd until their succellisolS, arelid.
Vac an c i. es on fil8L6"ard sly�.ll bll d ����� : ry�r�� :�.t����.� ���.. � �.. Board in-iyrs ftiainnor the elected for the urs xpi rd.
t enn o f the rx ember they- r app a mt d f' r lace. The Owneis r
ire crease t� � � number oBoard r�r�ibe��s t
seven at any rneeting of AssOciation''MI embers at whicli su h increaseisnotice.
r r places on the ��d� and meet'ng
Board14- Tricicr if' Ion of Board. Each of the n-itmbers of the
shall be rndinn�fid and held harri�lss bthe �l�.it
w��. yrs aair�st l] costs, ss, ars l i a.i � i ti. whatsoever(excludingfraudulent and/or rimir�l actions)
HI C I Lid in with out l inait ti ori, attorneys fees reason abl
incurred Connection with any proceedingin which such
ar d mernber may becoine involved by reason of bei havin (3
1� , a rne-mberof said. Board.
15. Board it'rlsQuorum, Board .tl, The Board
shall establish rules for Its
rn tlrs kNrla tli r r ularr special,
r current Boardyrs shall constitute quorum. The action of
majority of those Mrd members
attending a meetina at which a quarLIM
is present sly ll be
suffi1 �.�t t constitute tl�eat1rl f` 11� Bo.-d.Action by
res l� s� l � uir tl u � im ritt n nsent f all current Boar
members.
ARTICLE 11
BYLAWS - DUTIES AND POWERS OF THE ASSOC" 0 -
Association,Duties of the Association,., The through its Board. ' .responsible for the ma int a �� common
.��
Ar.. t�� trr�ntl, � iti n,and collection .
tion rn lit , the or nt of the -Provisions '
� ins �i
Declaration and 'in gemral , the preservation of fl -ie residential
Owners. Without limiting any other dutics which may be
fl-nPosed upon the
As s o ci at I o n b y i t s Arti cl es. B yl aw s, or th e D e c laration, th e Asso ciat *1 on sli aJ:-1:`-h a v e th e o b I I crat i on an d d uity t o do r onai a lr and every one the 0f ow'n for thebenefit :.
and
r .: the maintenance and improvement of
a.fit all 0,%Nmers as members of the Association. . .
s
b) Accept title to ali CommoE Areas conveyed to it, '�vhethei- by Dectaran"t'.1or.-bv others, but may refuse if the
}
sanit is not free and clam- of �� n and encumbrances.
Maintain, repair and -replace n tr tural Common Areas.
d) hi connection with its duties to maintain and repair Common
-, to provide main'
tll�M:c e aii.d repair Upon.
th e. exterior s urfac es and ro 0 fs, 6 f th o n d orn iniu m Un'tsd/or '
t il dire elft
� t nit n -nit � �. tln ; st irs r �a l
g illi , and + arin c for r 0f �gutters.,
downspouts, tri r surfaces, window', cas' i n of . t `gin
fences and other exterior
improveirnents except glass
surfaces.
e) To .th{trt �t a� �r aid � t�. .,. .e.
y. :l:.l
real r
tand assessments
i. upon ii portion tp Coii-i n r a: t t tks
' rtn
shall ha -v the ri crht to contest
Of COMPT01-fliseany such taxes or assessments; .11d -furs .. { to Mak
.�Pee ic Assessmont to all Units and
th.e..Olv,iners flitreof for the. total annouijt so le-vied'..'�i bthe o iatioi
n a d force the poficies of insuran ce:,r aired of it by the prov sions of the Declarati011.
'The Association naay enaacre (but bt eq uIre d t o do so) a re sp on sib
1 t corprati n. artn r h firm, person. or ou"Ic,
entity, as the Mariqpnor Aacaal to manage". and control the Gond �.
r� � � pct at .11 tirfle to 61. -t'on the Beard
with sueb a dp i n i tr t� V fun ti err
powers shat] be delegated to the Mara in nt by the
CoInpelISration of the Managing fluent shall -b' { -reasonable.
sped f i the Gard.. agreement a ;to
Managing A ant shall b
e tej a b I e. b v e., t Ile F=z i
.P arty, r without cause and without payment of anytennMation fee
-upon 30 dayswritten notice th ef+ f, A"V -,,Man ai11 G . , a eiit
. Pomlers and Au t or ty
of thesslo.ciation. The Association ration hall have 1 in
y
� the �-���.� � f��� �t Articles air
Bylaws, t% - It its general pbwers as a nonprofit r orae- n,and the puwer to do any and all things Which
may be authorized, required r perinitted to be doncthe Associat"ion undor and by viltue of the
ratim or the
;l -�v. W ithout in ani way 11* mitii, u th.e cTenr.�it
t�� �`r�r���, t�� �at�n �� �xa�r �o�l �19
powerSIF
a) At any tirne andrtime to time, and without liability t any OW"ef ` r trespass, damacye �i - {
• .to
i t
lltlnit lr the Purpose maintarnin..g and repairing
such Unit or any linprovemcmt thereon if
for any Tea on the Owner fails to maintaiii and repair s � '
u l r��t r irrr ro �� n.t a required by the provisloll
of the Declaration. The Association hall also have. the power aid authority from time to t�t
n� rn its own
nal-ne, on its own behalf, orha the name and behalf of a
ny Owner or Owners who consent thereto, t
commence iimaintain tis ani suits to retrain and enjoin
Declaration, the Bylaws or any Rulesand
Regulations rmuI mandatorY 1q.junctl'on, or otherwist, all of the prov's" � atby ��� ark or to enforce
0 1 ions of the a atien, the Bylaws and such Rules and
Regulations.
b) Tn fulfilling any of fts duties iel- theeiar y
ng its d�t 1 for the
i intenance �re air
or ratiadrnitratirothe Areas and Units
to the extent nt n eee
td by the failure to do so of the
Owners of such Units,or in e erg inany of its rights to construct im r emtets of other work
the 01.ion Areas, the Association sball have the.
poer and authority to obtain, contract and pa), `or
i.
Constructionmaintenance i - air d landscaping the Common Areas ori sou teres and
o it� ion the Board shall deem a re eats.
ii.Such insurance policies or bonds the Board mappropriate ror�ate r the protection or
benefit of the Association, the me] hers of the Board and t. �
e . ners.
�
S C ommn Area reiated utility 5,-eTvices as th � 1 -
o zr� tIe to tine deem
necessary or desirable; { r
s. atoneys, certified eubl' -items., and such theri . The services f architects
r f ss onal or noiaprofe�s ior� �: - { es as the Boardmay decin
de 'r le-
.a.
V. ire. poli ce n such other i` teeti ori vi e.s. the'Board
a deem desirable for the en of t
of theOwner's or v portion of the Dev ,
and
V1 Such materi i , supphes, equipment, Services ar� x�
� br ��s the Mrd may deein neetsryi
4o . i at n ie n id i 0, 1 1 .F. Tlie Beard. from ��me i e.
est to and net ir�eor� �ste�t itl� the ro��i ion
of a
the Declaration r. h - 1 a , may:adopt. amend r e eal and enforce
yeas ��ably: uIes ��d ea
��latIori �� ��'��
among ether t 'J�-)'-tbe e the Co Mon Areas; (b) the coilection
is o a of refuse;(c) uses and nuisances
pertaining to the Develnt; and all'.': -other matters eon cernin cr the use
and
elJ eYmell t of tl e eAreas and
the conduct of owners n' d ".thele invitees"W17:'s
the Development. viae
e rules and regulations shall be inade only a
they would ben ef t the e elo r ,, . e}.
4. LI'mitation of Llabfllty. No in ember, .`1lie Board� actinin.-� ��`���h, shall be personally liable to any ovmer, guest,
ten.ant' or aria other person for any error:: �� inissioll ofthe�i� � i
� � � 07 Its e ese tat {es and employees, the board
a v committee of the Board� r the Mara err,�ent+
.:
ARTICLE III
BYLAWS -ASSESSMENTS
l . P erson al Ob 1 i t� o� 7� Li �� _ 1� ��� �- ��� �, � f - ��'i�,x �� �� any F � � - - -
. � �� � e�n� este �� .��ls interest in a
Unit, e deeilled to em�'enant �ith� ���� a �ee t� � t t��
I , e Assoc- *on the Assessments t e ei-1 e n this ARTICLE
toether with date payment fees.. in�teret a Bots of eo�Ieetio��
- .1f and when aI�eahle. Allsuch amowits shall be
o st e and remain, a chaff- e and eoritinu lies upon the unit the respect to w hi' cli the Assessment is made
i-ttil fully.{ paid.: and the
.personal, int and erg 1i�
at� �
Assessment ��� �e. Now Owner r b theOwIler 01- over of such Unitt ffie fire the
��r
oi- his .
omit fr ni liability for payrnent of Assessments by
wi mer of his ri g-y��
hts q 'n the coinmon A-rea or by abandonment cf his Unit, a voluntary conveyance of a Unit,, the
-antee shall be Jointly nd severaliy Mahle with the grantor for all
unpaid Assessments- late payment fess interestand ,
costs of eIeetie{ includingreasonableattoe fees. i Of the
� � � h shall a1 � � e ei�ar�e �� the Unit t at the tiMe
IL
0011 V27Lyance., without Prejudice to the grantee3s, right t t r
ecOvff from the graiator
thereof. d by the grantee
Purpose of Assessulents. Assessments iv i d by the Association shall be, used exclusively for the purpose of
prornoting the Daub p went, the "Ite"ests
and the r paying costs lori x in un t 10115
carryinc-r of the, n Areas. The u s e made aF the 1
obtainedfrom � y ' �� ��funds
incline, but h ll zit e I+m'l d t ..
the CoInmon Expen nd any
expense necessary are desirable to enable the loci t� �� �� �It n�
r 1 11 Its 1l rat ori , functions r
under, theDeclaration; its 1 l � r� {l � �� doses
. u ] an ul.tj ll.+
-nual Assessments, An.nual Asses csill ent,� shall be computed and
d ���� �� tilt the Association's
:assess.. its in th revel op nt
cash requirements*"." io''' P.T.OvIde for ria-ent of C01=on
4. A-mival Budget. Annua] Assessmelits shall be
d t n in on,
c eth 4 i F � .l _
ear
- ithrt ] r hall e�in n tli. datelcrdatorf this Declaratioti i
lie -Public ReCOr
December 15 of each til year, trdshI
I prepare and umi sly t each gin: r- and operatiner buduet.
upcornincr fiscal year. The operating budoet for the first fiscal year shall be prep ared'a'b:d,.:Rirni',shed to each 0wner
within 30 days of such Owner'Initl aipurchase.'Thc bud
t�� itli the tlrnat ".1h:j7 +
fiscal year5 antic'pated receipts, and any deficit r Sul -plus frolla flat prior operatincy Period. -Th-e budcFet .
hal I serve as
the supportincr document for the annual Ac_;sessments for the a om 'ij fi
t year mq 'del'
hicb the Development small be operated -dunn g period.
Nati ce n(I Payment of
Annul ment .
t.. t : refit res t t the fisc t
.. , .... �l period �inDecember '11) i 2008 the
AssocAssociation sly i i notify n r as to thtint
%t Aniiu l assessmIent o - iii t his Unit oTj or before
December I of the year rd.in year for'4`6h such "A n -n t7"I'al -A s s e s s
iiientismade.. h Atmual Assessment
shall be payable'in 12 equal monthly Vitllmnts ba6.
u ,. !ni t. -due on the first day of each calendar
durincF the discal year to -�rlai h the annual ease ��
_.. r t i i Al -in ul qtr tI
�-iloll based . fir �t fi.�.1
n such portion f such al �-t .' folios t
{. c rd tl' f the Declaration in th.
Public rd.iid Shall be payable I'D such int .r.....
-at such times as the Assocat'
in, thesole ra tion. o
its Board -.,' d term'The failureof the
b�: �d �. d � i ,ver I. - . :.
it . -ai d
r � i tJ on II ally respect of tie provisiolls
the I rte ll 01- a release
OF:41V the 0
101i to pay such . ]Assex011 r any ffiti � . my
d-innts. SII becoiine dLe'1n uCI-h case, shall be deflT
ed to a date 15 da-ys after not'ce of such Alinual Assessm t
shall ha en
.. ... mn��r provided �� Stil� 1 rti1 �� ��' t��iDeclaration.
. hiiti .l and Tien r. r F c
,.���..ah 0\vne
T(other thanDeclarant), shall be required.
Ills Unit,, whether. aa-first til..0 OT SLIbsek uentUne. of purchase of
� y
.� r, til suis of $200, � hich sum shall bc,- in addition to aiiv
Proration of the. nn`u l Assessnicilt
which nia,. be d��
u for the current nt l year 'n l -ti h a n
Uiiit. Such fees shall Owner purchases hIS
. . a ti � r ,-. o-o-eijr I fun t utilized t��i��. fol -
Coes m on n s
.- . .. � payment '
7. Maximum Ann ual Assessmen t. Ujltl'l Jan
uary I of th e calen rhar ycaor irr --tyjodi t ] fo 1I ow i n g
first Unit and Own.r, the i . '
inium annual
Assessment shall not exceed the mount
Board pursuant to Sectloii 4 of this ARTICLE. r Unit that Is determined by the
From wid after January I of til.e c l ell d r yearImmediately
will Cr
the convevance of the first Un'
it to all 0�vner, the maxim -um Aiinual Assessment may be increased bv theBoard eaeb
calendar year thereafter ii n-urnul d vl y 110, -L Lopaften vercent 15Assessment fOT tile. Previous year If
Ownersw'thout tbt vote of nttl
to cast i1j j ori ty of the i t n votes.,
. Special 1 ��t . Thle � s i tl 1 � A� levy � �
.� y Specs l Assessments o r the purpose of defraying, in whole. oi- in.
part: anv expense of- expenses notreasonably ale � a
iii ,,fully aid with funds generated7
inual
assessmp,nts', or (b) the cost of aiiN--, construct'
ion., reconstructi
1011, or unexpectediv required dd' t- rreplacement
L
d
0 1 UJ
c iMprOVeMen.tS within the. CoimnoE
. Any such Specgal '
Assessment shall r toned
N Irl �d to allUnits��:� the � �
rair � Annum Assessments, Such ectal Arse
be
rpt t t ieast sixty(60%)t �r tf the votes of the membership ,hlh Owners present in person or'
represented by proxy are entitled to cast at a meelincy-
i Written notice setting forth the
purpose �` SUCII ��.�� � � rpt tl 10 Wnersat .
I east 10 b tit not more tll an -10 days ri Or t � in tdate.
9. Unifon-n Rate of Assessment. All Annual and S i t AsSessi-nents uth � 3 and 8 of this
-respectiveiv, ARTICLE,
&' 0
Diform rate for all hou Lots, t unif i�l� -rate for all Candon-lin
at a uniform rate for all Detached Residential Units if any, (hav'ng i �
attributable to each catecrory)- ind the difference ium units, an
expenSe
provided. howe-�,/cr, that no i ual Specl at. Assessments Thal I be du e and a[) le
until a Unit has been both fullv improvcd with a complc',,ted umt and u n taken for tht r rst tip
e by and Owner
r tenant. During the period of t'me that : c 1 ra t hold thel -.. hg ..
��ht t1le A
ssociti ori if assessed fee
colltd bv the Association fil to adequatelyt Association
Declarailt shall pay;my shoiftfall.
10. Quorum, Reciuir=ents. The u iru t any Associationmeetingr qu
gyred for ally- tin a-uthorized by Secti n 8 of
this ARTICLE, shall be as follows: she first meeting called, the presence of Ow, m
... r .r pries entitled to cast
sixty percent(60�/)of the total . at 4 on votes Ii i t t
vote shall constitute q :OFUM. I uoru i -
t the first nl eeh Ti , r u � .a _ � 1 �
` t t� , another meed b � h t t th e
j notice requirements sit
rtli M said Section 8 of this ARTICLE) at.
hi h the quorum requirement sh all be. oLn -
.'2'1 If(1/2) of the quorum
Which h � required t theirnm diatel r d uc m tm I Specific Assessment. In {
3
tion to th l Assessment and alar Special , .. . �� til Ilt authorized"
pursuant to
Section 3 and 9 of this ARTICLE, th l* '� �.
fir. . time- Specific . .rr� t
}. everyit t 1
benefited (i.c.,.benefited t.Substantiallygreat
'PT s..eg
Tee -thal
g tl- tranyi t ad. ....jacent scent roads
sidewalks, p l nti � areas r other iii .
� � + a -n � e n the ii tt r � '
request t ��r ft ��t
4
tobe �Yg; on li llit theOwner ars ��
.n -shalkl caLISC any dama o to the. Coin, mon Areas
9
necessitating repairs* end (c) on every Un" as tO W11'ch -th e Assoc
1 a ion -,shall incur aTiv expense for uta'
rat r
repair work performed, 01- MfOTcernent action takenp I ursuant
to anv of the ions of the l ateoriF The
na orregate arnount of any sueb Specific Assessment shali".'. Aetenu'd� tl cost uhrttrepairs,
maintenance r enforcement action, b1cluding all overhead'::':'
-��.
d�x�l� �t_r.��costs, and ail atwnleylks fees and
n. 1�li allocated amt��agni
the �` �t0tcosts�
�D WdC Of . i al benefit- r cause of damacre. or
maintenance, or repair work. or e"forcement act' , _n
, and Such Assessmelit may be madeadvance of the performance of �.
a .
work.. 1 . Special benefit arisesfrO'Tnnimprov� ' -
.i�� �� �' prtl�� �� tis part of the general
��� �'tl� latlr�, it 1�1� ���t give riseto a Spec'fiAsssessmen.t wain t tit
units bets ted.
12. Certificate Reaarding Paymelit.,
request o n Owner or prospective Pur ha r or encLimbraiice of a Unit,
and upon the .
avnient of a reasonable fee t the ti to cove - , r� F -
. d t i costs, the I ti n shall issue
ents respecting uch Unit are u n-e-nt and, if not, the amount of
the delinquency. Such �rti tshall lll,
�1 1n favor of all Persons who rely thereon ni good
nth.
13. Effect of Nonpayment Remedies. Any Assessment (whether Annual; SP0c3--';-'1, 01' Specific) not roccived withiii 10
ci -,ayc, o f tPi e date on whichmt 11 nir thereof
becomesdue shall be sut to a late char9c not to exceed %
stogether with �ntrt and c0stscollection. l l be, collstiftite,i h R
llo litn on the
affect nit. If ativ Assessment
Isnot rivdw1t� -
.ill 1 days . t r the date on which iteco isdueth
thereof shall also .j� interest �`�- the •� � amount
at the Fate f n rGent I �� r month.
b i* g an action acramst the Unitrprov-s-
i
1�t �ionof the Idaho Sta-tutes applicable to the exercisew _ .
sale In deeds of trust., by foreclosure
mortgage, by the Association in ti it �� 1
rrother manner e
rmIttd y law, nobtained
.
. r y
i'nhl attorney'sf �� n of delinquent its n related charges shall include
to r
other expense incurred by the Associati on in
furl it riht.
a
Failure f the Assn ' ate OD tO promptly
enforce an y rern edygranted purse ant to this Secti on 1 -.3 shal I n ot be deemed a
walAT
I o an v suet ri ghts .
14. Subordination of Lien to Mortgages. The
lien of the Assessmeilts pi-ovidedirei� e.F
bank,en of
any Mortcracre given in the first instan
say lnesnd to oratgiinsurance institutional ]erder. ,-
f rlr t cr r� ����r �n � rtcragr a urs liasei- who cOmesilltO4
Owner �" pit � ��Irta�`the �` t�
foreclosure, ur e,, lull to free f such Assessment lien as to any Assessment lnstallmtnt
which accrues or becomes due pr-PLIrCCoMeS b
Into poSc
Unit, provided, that to the extent there are any or ownership of such
proceeds of the sale. on foreclosure ofsuch Mri
r I
such powrL of sale, in excess of all amounts necessary t
o satisfy all indebtechicss secured by and owed to tiae liolder of
such Nlortgage, the lien shall apply to such excess. No sale r lran f r of a Unit in colinecdon with any foreclosure of
Mortaaare shallrel' v n unit �- t �i r� �` n
y Assessment installment thereafter b 'ng due.
15. No Abatement, No diminution or abatenient
' any Assessments under the, l r ti rnI '
claimed allowed
r inconvenience. � l-
imfrtarising from:.. ..e. :. ll.truta
(or lack of constrUCtIon)
vel rntnt; the making fol- failure to make) any.-:.!*,
epairs-7or inaprovements to, or the maintenance
co
r � n Art_ -,as of the Development.- or (c) fi-orn anVAc � .AAI toom l with t the provision of the Decla'raboin or
with tipe laws, ordinancts, recTulatiolls,rules Or Ord r
.f rrtl authority.
ARTICLEJ,V'....
Notices. Any notice required mitt. t .
�n t ��zrrig of t '
deemedon sh-all be
to have Leen pro -d if delivered or mailed . .
pr t r the
the latest address for .: herr on, asat
� r t d ins t n` �i
. ti t ..t tilm of delivery or mailiner. Any
ni`gir-� it t leer-I.t-tli: �i� .
ter _ d IIv ri or zi r
reflected tl . t r: 11Managing Agent or a'ny.*officer or Board .1bomber of the Assoc'at' to the Association's Registered Aaent as
1'd at ffi . t
. rt.r{ or tile Stateof the tit I.a.bf Any riti
ce
required or permitted to be"'
. ° ]
... RC .ma. A be given by de-Everinor or mailing the Same to
the ManagITg A2ent
of the Assoc'at'
. Amendment. This Declarat.ionrnaN.r be -amended
. t � errnir� t d b � ars
instrument - in ofd d th . ubl i
Records., hic is executed eltherbY 0'r �, f
. l 0 C011ect*vCly hold at least si t { � �.�t(60%)
uttir� t in t.� As�tx���, ��; �� � t �i.ta
i n' President rid r t i, Wh.o seal lr f
required its Percent(60%)vote w t ijiy that the
��� : 4
records t1�Association,:r��n�t t n vi=� +�,
nt:n tine
.� isj.n of this lrtln whicb has the ft of iml
impairs -1 ing or
any TH-lit, ,�thrit,r"v* � r , r
control accorded to Declarant In its capacity
Dectarant), shall be accOITIPlisbed or effective unless the iristrument throtlah which such arnendine.j.-it
be .mall it d is specifically l� llt to in writing by Dtclaraiit. purported to
At
Cotiscamt of Lieu of Vote. I n case ire #l� � h this
Declaration requires for tifl-1rizati. n or pra1 of a traiisaction
the. assent or anirmative vote of a stated percentaae or aurnbcr of votes outstanding ill the Associat' or of the
Owners. such le requil,ement may be fully satin
4 by obt inire f -th r without m ti11CY F�y _'
consents in rit1Ii t such
����st�r� . ����� ����ry ��.t�ti #� t t least �� statedpercentage or number f l Votes tip out tandi in t .
t . �n, uniess a hiorher pervert ry r a cy-I�Dj- t j� number i
Wina additional prov"
.51011
alb , Iiatin� f this tI�r � .
All necessary consent rust be, obtain d prior t
tht'r t- ori. ays t j- til .11-st n ��t i .
ars � r:
rby
-�- �)
The total number of votes requLl7ed for the applicable autliorizatioii or approval shall be. cittonnined as of the
date on which the last consent is Signed -
c) Anv chanfye '
.1 ZD in Ownership of a Unit which occurs after a consent has betri obtained from the Owner thereof
shall not be Considered or taken into account for any purpose; and
d) Unless the consent of all Owners whose memberships are app-Liftenant to the sarne, Unit is secured, the
consent of none of sucil Owners all be effective,
4. Declarant"s R'ghts Assignable. All or any portion of tha r'cylits of Declarant -under th' Dec
is aration, or in an way
Y
relating to the Development, niay be as +thout the consent of any.
p-1 e OW,
5. InteiT)retation. The captions pertaining to the ARTICI-,E aiid Stction nuinbers of this Declaration are for comlemence
and shall in no way affect the manner wh'ch anv prov' ereof
In I ision il -.111; CoTl. stru,ed. Vienever the context so requirts,
the Singular shall include the plural, '-gender shall include all aenders.
the plural shall include the s'i"'.,,"utar, and Eihy.'
The 1*nvandity or uneri fore eabill ty (If any portion of this Declaration shall not a'ffe,ct t1i e vali dity Or enfore tabil ity of
the remainder hereof which shall reinaill in fullforce and effect. The Laws of thc"St'at n.e'o_f Tai o shall uro-�;ern the
Validity, Construction and enforcement of this Declaration.
6. Candeninatiom If at any time or times an insubstantial or minor part oil the Common Areas o ":y:part thereof shall
r.all
De take -fl or condenuied by an authorlty.]-ia-ying the power or
inent domain', all conapensati E and' cl-arnages shall be
ayable to the Assoc'at'
P i ion and shall be us.ed by -the Association to, the extent necessary for restorin' lac'
' 9, -Q -P- rep ina. any
1-d tn
improvcments on the reniainder of the Comm._on'Ar'ea*s- In the event of any other takincy or condernnat'on the interest
of the Association, theOwners and Mort crauecs -s-hail b'e: as thev may appear.
7. Covenar)ts to Run with Land. This Deciaration an&all. the s i-1 h s ereof half ' const
prm_.10.1 "i Itute covetiants to run with the
Jand., or equitable servitudes, as the case may be,I be b' d' -e to the benefit of Declaran
III ing upon shall inui
all parties who hereafter acquire any interest in a Unit. thele tIftespective ara. transferees
heirs devisesrsonal
pe
represciitatives, Successors and assigns. Each Owner or
+ occtTpant of a Unit shall comply with, and all interests
provisions, of any RuIes and recrulat' -eements, ts and determ'natt'
ions., am, instr npltd by this
Lim en ions cont
Declaration. By acq,jr+
u ing any interest in a Unit, the party acquirine, -su
Ch interest consents to, and acyrees to be boujid
by, -e-ach and everv' J)'rov'"'Islon of this Declaration.
8. Enfol'o"e''"in-ent of Resti 'ot'on'* --The. Associati oi- any Mor%ta(rte shall have the right to exel-c'
i s.. 011, an v Own ei
Ise Or seel�
any rem'at_ law oi- in equity to.�.interpret, to e -npl'
nforce. coi iance with, or to obtain redress for violation of, this
D e c I ar ab o n'.'- 1-1 e. rev ad
ino, partv
in: any s Li ch act 1 on sh al I b e ent'tl ed to c o I I e ct c o urt c o tq
S
and reasonable attomeyl4s
fees,
9. Duration/Terrmnatlole '. 7this1. arat10iS: mne
effect until such time as there
is recorded in the Public
Records, follow -ill", the I -oval offli" of Rexbur authoriz
app. e,:C'
9 ing such terminatiorl, an instrumelit of termination
Which is executed by eighty" +
pei c er, t (8.0 5) of th e eta I o u t st an d'
Ma votes of file Assoc'atoij
plus the Moilgagee of
each and every Uni
10. Effective Date. Thl's Declaration anid aml' arnendment he -i -et Shall t ak effect upon ts I beI
e i) cr filed for record 'n the,
Publi,c Ke�coi-,ds. ittT
_.—
EXECUTED by Declarant on the da�d r first above Wr*-
itten.
STATE OF IDAHO
COUNTY OF MADISON
011 the _Day of —) ?0085
hp.incr clifl Q ix r.� t -m 4-1, , 4- 1,
TRLHli SEN OF REXBURG
HOMEOwTERS
ASSOCIATION
NEAL SMITH, PRESIDENT
me NEAL SMITH, who
k ol
me i I KEHUS-EN-OF REa$URCi
HQMEC)W-NTERS ASSOCIATIONS the Non -Prof t corporation that.exQcuted the above and
IP �nstrument ,rorep,oma
insLruznent was signed in benaif of said comoration �-v
authority of its by-laws (or by
NEAL SMITH ackliowledged
My C mmi i -I"
Expires
Notary Public
�:e # �exDur2, mano