8F Consent 2011 0502 - Laserfiche WebLink

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assessments) and no monetary penalty shall exceed that permitted by to section 1366.1 of the California Civil Code. as it shall hereafter be amended. (d) The Association. in its sole discretion. may resolve or settle any dispute to which it is a party, including any legal action. on its own behalf and under such terms and conditions as it considers appropriate. (e) The enforcement of monetary penalties is subject to the restrictions described in Section 9.7 of this Declaration. (f) If an Owner fails to cure a default or any violation of the Condominium Instruments within sixty (60) calendar days after written notice to that Owner. the Association shall give the notice required in Section 15.9 of this Declaration. i� 7.7 Right of Delegation. The Association may delegate any of its powers and duties to its officers, employees. committees or agents or a�professional management agent. \\ 7.8 General Statement of Duties. In addition to any duties described in the Articles or Bylaws, the Association shall have the duet forth in Sectio ns 7.9 through 7.15 of this Declaration. 7.9 Repair and Maintenanc e;of'Commo \as and Exclusive Use Common Areas. The Association shall manage and maintain in'ood condition and repair the Common Areas, including the facilities, improvements, landscaping, and other personal and real property acquired•by or subject to the controlof thssociation, and shall clean, maintain and repair all- Exclusive Use Cbm the cleaned, maintained or repaired by an Owner pursuant to Section 51(b) of this Declaration. The Association shall create and maintain a reserve fund out of regular assessments for the replacement of all elementfthe Areas. Subject to the provisions of Section 9.7(c),of thisis Declaration t o he Associato levy a special assessment against any Owner�who has an easement.to clu use any ExsivelJse Common Areas on which the Association performs s cl maint na nce or repair to reimburse the Association for any\st�s incurred the` in. \� 7.10.Contracts for Goods and Services. (a) Except as expressly limited►by this Declaration, the Association shall enter into such contracts for services or,�naterials as may be necessary to perform its duties. including contracts with Declarant/ (b) Any agreement between the Association and Declarant pursuant to which Declarant agrees to provide services, and any agreement for professional management by any other manager, shall provide for termination by either party without cause or payment of a termination fee on thirty (30) calendar days' written notice and shall have a maximum contract term of one (1) year. provided that the Association can renew any such contract on a year -to -year basis. If the Project is professionally managed, the Association shall not terminate professional management and assume self - management without the consent of sixty -seven percent (67 %) of the voting rights of Owners. or of each class of Owners if a two -class voting system is in effect, and of fifty -one percent (51 %) of First Mortgagees.