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Packet 03212022
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9E Consent
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Last modified
4/1/2022 12:14:39 PM
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4/1/2022 12:13:31 PM
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Reso 2022-047 Approve Parcel Map 11257 for 3081 and 3089 Teagarden Street
(Approved by)
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\City Clerk\City Council\Resolutions\2022
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DSCC-57520\2494968.2 ii September 17, 2021 <br />3.11 Compliance with Law .......................................................................................................... 8 <br />3.12 Solar Energy System .......................................................................................................... 8 <br />ARTICLE 4 Maintenance Obligations ......................................................................................................... 10 <br />4.1 Owners’ Maintenance Obligations .................................................................................... 10 <br />4.2 Association’s Maintenance and Landscaping Obligations ................................................ 12 <br />4.3 Inspection and Maintenance Standards and Guidelines .................................................. 13 <br />4.4 Trash Removal .................................................................................................................. 14 <br />4.5 Cooperation and Access ................................................................................................... 14 <br />4.6 Reimbursement and Indemnification ................................................................................ 14 <br />ARTICLE 5 The Association ....................................................................................................................... 14 <br />5.1 Formation of the Association and Commencement of Operations ................................... 14 <br />5.2 Powers of the Association ................................................................................................. 15 <br />5.3 Duties of the Association .................................................................................................. 15 <br />5.4 Taxes and Assessments ................................................................................................... 15 <br />5.5 Utility Service to the Common Area .................................................................................. 16 <br />5.6 Reporting Requirements ................................................................................................... 16 <br />ARTICLE 6 Assessments ............................................................................................................................ 16 <br />6.1 Obligations to Pay Assessments ...................................................................................... 16 <br />6.2 Annual Regular Assessment ............................................................................................. 16 <br />6.3 Reserves ........................................................................................................................... 17 <br />6.4 Special Assessments ........................................................................................................ 17 <br />6.5 Reimbursement Assessments .......................................................................................... 17 <br />6.6 Commencement of Regular Assessments ....................................................................... 17 <br />6.7 Due Dates of Assessments ............................................................................................... 17 <br />6.8 Allocation of Regular and Special Assessments .............................................................. 17 <br />6.9 Enforcement of Delinquent Assessments ......................................................................... 18 <br />6.10 Estoppel Certificate ........................................................................................................... 18 <br />ARTICLE 7 Insurance ................................................................................................................................. 18 <br />7.1 Owners’ Individual Insurance Requirements .................................................................... 18 <br />7.2 Association Liability Insurance .......................................................................................... 19 <br />7.3 Association’s Property Insurance ...................................................................................... 19 <br />7.4 Insurance Rating and Cancellation ................................................................................... 20 <br />7.5 Association’s Authority to Revise Insurance Coverage .................................................... 20 <br />7.6 Periodic Insurance Review ............................................................................................... 21 <br />7.7 Insurance Trustee ............................................................................................................. 21 <br />7.8 Other Insurance ................................................................................................................ 21 <br />ARTICLE 8 Damage, Destruction or Condemnation .................................................................................. 21 <br />8.1 Restoration Defined .......................................................................................................... 21 <br />8.2 Insured Casualty ............................................................................................................... 21 <br />8.3 Inadequate Insurance Proceeds or Uninsured Loss ......................................................... 22 <br />8.4 Additional Special Assessment ......................................................................................... 22 <br />8.5 Alternative Reconstruction ................................................................................................ 22 <br />8.6 Sale of Condominiums ...................................................................................................... 22 <br />8.7 Restoration of Partition Rights .......................................................................................... 23 <br />8.8 Rebuilding Contract........................................................................................................... 23 <br />8.9 Condemnation ................................................................................................................... 23 <br />8.10 Dispute Resolutions .......................................................................................................... 24 <br />ARTICLE 9 Rights of Mortgagees ............................................................................................................... 24 <br />9.1 Lender Definitions ............................................................................................................. 24 <br />9.2 Encumbrance .................................................................................................................... 24 <br />9.3 Rights of Institutional Mortgagees ..................................................................................... 24 <br />9.4 Subordination .................................................................................................................... 24 <br />9.5 Breaches ........................................................................................................................... 25
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