BY – LAWS
Section 1. The Secretary shall keep and maintain at all
times an up-to-date list of the owners of lots in
Section 2. The Secretary shall notify all
new owners of lots in the Addition of their right to membership in the
Association and shall forward an application for membership. Upon receipt of an executed application, by a
new owner of a lot or lots in said Addition, the Secretary shall note the
filing of the same and of the granting of such membership.
Section 3. The Secretary shall keep an
itemized record of the accrual of all maintenance fees and of other dues that
become due to the Association of all payments thereof, and of delinquencies.
Section 4. The Secretary shall mail notice to all owners of lots in said
Addition, not less than
ten
(10) days prior to the 1st day of January of each year, of the
maintenance fee which will become due on that date, and of all delinquencies
owing by such owners on the lot owned by them, and of the place where payment
of such charges may be made.
Section 5. The Secretary shall report all
collections, and make remittance thereof, to the Treasurer, and at the end of
three (3) months after the same becomes due, shall report all delinquencies to
the Board of Governors for its action.
Section 6. The Secretary shall furnish, on request, a statement of the maintenance fee status of any lot to the owner thereof, or to any one desiring to purchase such lot or to accept a lien thereon, and when all maintenance charges have been paid in full, the Secretary may issue a maintenance charge clearance to any such owner or person.
Section 7. Whenever a delinquency exists
in the payment of any maintenance charge or charges upon any lot in said
Addition, no action shall be taken to enforce the lien securing the same,
except upon the vote and authority of the Board of Governors, but said Board,
upon consideration of the matter, may, by resolution of a majority of the
Board, take steps to enforce and foreclose the lien provided for by the
Declaration of Restrictions affecting lots 1 to 217 Section A, Indian Village,
for the purpose of securing payment to the Association of any maintenance
charges which are in arrears.
Section 1. The maintenance charge funds
shall be held in a separate account by the Treasurer, and shall be disbursed by
him first for the following purposes, namely, in caring for vacant and
unimproved lands in Section A, and Section B, Indian Village, in removing grass
and weeds, snow or other obstructions from sidewalks, in maintaining,
preserving and improving grass and planted areas within the boundaries of
streets and driveways; in looking after, promoting and maintaining the best
appearance of said Addition and of the lots and grounds in it.
Section 2. Any balance of such maintenance
fund charges received, and any funds received from
other sources, shall be disbursed by the Treasurer for such purposes as the
Board of Governors may order or direct beneficial to the interest of the
Addition.
and
Approval and Rejection of Proposed Plans
Section 1. All powers conferred upon such
Association, relating to the control and maintenance of lots, and to the
approval and rejection of plans and specifications for proposed residences,
shall be, and are, vested in the Board of Governors.
Section 2. The Board of Governors may
appoint one or more of its own members, or a non-member, who possesses expert
qualifications in that connection, as a Committee for the purpose of examining
and passing upon plans and specifications for proposed residences in Indian
Village, and such Committee shall report to the Board its findings in
connection therewith, and its recommendations as to the approval or rejection
thereof.
Section 3. The Board of Governors shall
act upon such plans and specifications for proposed residences, and the
recommendations of said Committee thereon, and shall approve or reject such
plans within 10 days from the time when said plans and specifications are first
submitted to the Association for its approval or rejection. The action of the Board of Governors thereon
shall be final.