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09/04/2012 Council Packet
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09/04/2012 Council Packet
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1/29/2014 3:41:47 PM
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City Council
Council Document Type
Council Packet
Meeting Date
09/04/2012
Council Meeting Type
Work Session Regular
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Mr. Chris Johnson, <br />Attached are the By -Laws for the Oak Brook Peninsula. <br />Just a comment as President » »> <br />Whether we have annual meetings or not the association is and <br />as the road remains private. The road which is owned by the As <br />all equal owners. Prior to each of us buying the property the int <br />and the road were recorded on each property along with all it's <br />With out the recording of the association documents filed against <br />any ownership, the association would be unable to force any pro <br />and or foreclose if necessary. The association has continued to co <br />inception. We have had an escrow account for the bridge and roa <br />collect dues quarterly. How could we add anyone to the associati <br />go against Johnson's property and be in front of his bank interest <br />bank to subordinate so we could go after him to pay dues if he or <br />delinquent. How can he come into the association where we have <br />the bridge and road. And voting rights. Just some thoughts. <br />Mark Smith, <br />President of the Oak Brook Peninsula Association <br />to stay in tack as long <br />iation which we are <br />st in the association <br />efits and obligations. <br />e property prior to <br />owner to pay dues <br />lect dues since it's <br />since the 90's and <br />n as it would need to <br />hich would require the <br />uture owner became <br />uilt up an escrow for <br />Z'd d817:toZLtZlnr <br />
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