12.07.2015 Views

thornhurst country club estates property owners association rules ...

thornhurst country club estates property owners association rules ...

thornhurst country club estates property owners association rules ...

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

ARTICLE IIIPurposes and AimsSection 1. Purposes.of Incorporation.The purposes for which The Association was formed are stated in its ArticlesSection 2. Aims. In order to carry out the purposes for whichTheof The Association are:Association was formed, the aimsa: to promote the interests of its Members in social and recreational facilities, roads, lakes,premises, and activities in and about the premises of the <strong>property</strong> with which The Association isidentified in Section 3 of Article II of these Bylaws;b: to administer and maintain all <strong>property</strong> and amenities owned by The Association currently inSections 1,2, and 3 of the <strong>property</strong> known as Thomhurst Country Club Estates, and pursuant to theSettlement Agreement those common facilities, yet to be developed, in Sections 4 and 5 pursuantto Paragraph 11 of the Transition Agreement;c: to act as the liaison among its Members, and between its Members and various public andprivate organizations, in matters of concern to the Membership in general.ARTICLE IVMembership Types, Requirements, Rights and ObligationsSection 1. Types of Membership. The Association Membership shall be composed of VotingMembers and Associate Members as hereinafter set forth.Section 2. Voting Membership. Qualification for designation as the Voting Members in TheAssociation shall be: 1. The <strong>owners</strong>hip of at least one lot or acreage under or by virtue of a deedindicating <strong>owners</strong>hip of <strong>property</strong> with which The Association is identified in Section 30f Article Iof these Bylaws. 2. A member in good standing which is contingent upon and maintained by thepayment of such fees, dues, or assessments when due, The Association may prescribe when due, asstated in the Master Deed and more specifically as defmed in Section 4 of this Article. 3. It is furtherrequired that a Voting Member be at least 18 years of age.Section 3. Beginning of Voting Membership. No formal application shall be required for VotingMembership in The Association, since designation to Voting Membership is by lot <strong>owners</strong>hip asindicated in Section 2 of this Article. Pursuant to the terms contained in the Master Deed,Membership in The Association is mandatory. Membership commences with <strong>owners</strong>hip in the- Community.*Section 4. Fees, Dues, and Assessments. Annual fees or dues for the following calender year shallbe fixed by the Voting Membership of The Association at the second regular meeting in each year.3

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!