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No. 1147 approving declaration of protective and restrictive covenants of the Blackthorn Corporate Center and Blackthorn Corporate Center Development Guidelines
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No. 1147 approving declaration of protective and restrictive covenants of the Blackthorn Corporate Center and Blackthorn Corporate Center Development Guidelines
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g. to assume such other purposes as the Declarant may deem necessary or <br />appropriate to enable the Association to carry out the purpose and intent of <br />this Declaration. <br />6.3 Members. Each Owner and a representative of the Declarant, so long as the Declarant <br />owns any portion of Blackthom, shall automatically be and become a member of the <br />Association. Membership in the Association is compulsory for Owners other than the <br />Declarant. The Association is entitled to carry on such business as is authorized by its <br />Articles and Bylaws, including, but not limited to, the powers granted the Association <br />under this Declaration. <br />6.4 Voting Rights. Each Owner, including the Declarant shall be entitled to one (1) vote per <br />acre of land in the Owner's Lot. However, each Owner will be entitled to only one (1) vote <br />per Lot under the following circumstances: <br />a. when voting to appoint any Board member; <br />b. when voting to amend these Covenants, the Guidelines or the Bylaws of <br />the Association; <br />when voting as stated in Sections 3.5 and 4.6; and <br />d. under special elections as determined by the Board. <br />The Declarant may waive its right to vote on any issue or question called before the <br />Association. <br />6.5 Management. The Association shall be managed by its Board of Directors in accordance <br />with the Articles and Bylaws of the Association. The Board shall consist of three (3) <br />directors whom are appointed by the Declarant and shall serve on initial terms of one, two, <br />and three years, respectively. Succeeding directors shall each serve a term of three (3) <br />years. The Declarant shall retain the right to appoint: <br />a. three (3) directors so long as the Declarant owns not less than twenty-five <br />percent (25 %) of the total land area of Blackthom; (exclusive of areas dedicated <br />to public authority and landscaped areas); and <br />b. two (2) directors so long as the Declarant owns not less than fifteen <br />percent (15 %) of the total land area of Blackthom; (exclusive of areas dedicated <br />to public authority and landscaped areas); and <br />c. one (1) director until such time the Declarant relinquishes its right to <br />appoint a director to the Association. <br />Any director not appointed by the Declarant shall be elected by the Owners at times and <br />in a manner pursuant to the Bylaws of the Association and Section 6.4 herein. <br />6.6 Assessments. As a member of the Association, each Owner by acquiring legal or <br />equitable title to a Lot, agrees for itself, its heirs, personal representatives, successors <br />and assigns, to pay to the Association any dues: assessments, charges, costs or fines, <br />as may from time to time be levied by the Association for any lawful reason. <br />12 Blackthorn Corporate Center - Covenants & Restrictions 411/53 <br />
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