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Neighborhood, the recording of the Neighborhood Declaration, or the creation of the Neighborhood Association. 3.3.1 Each Neighborhood shall be created by, and the Units within the Neighborhood shall be subject to, a Neighborhood Declaration containing covenants, conditions, restrictions and easements consistent with the Master Governing Documents. 3.3.2 Each Neighborhood shall, subject to this Master Declaration and the Neighborhood Governing Documents, be governed by a Neighborhood Association in which the Owners of the Units in the Neighborhood shall be the members. Except to the extent delegated or reserved to, or performed by, the Master Association, the Neighborhood Association shall be responsible for administering the additional covenants applicable to the Neighborhood Property within its jurisdiction and for maintaining, in accordance with the Master Governing Documents and its Neighborhood Governing Documents, any Neighborhood Property which it owns or which its respective covenants designate as being for the common benefit of its members. 3.3.3 Each Neighborhood Association shall have a Neighborhood Board, which shall be elected by the members of the Neighborhood Association, subject to the rights afforded to a Neighborhood Developer to appoint the members of a Neighborhood Board under the applicable Neighborhood Governing Documents. The Neighborhood Board shall administer the affairs of the Neighborhood Association in accordance with and to the extent permitted by its Neighborhood Governing Documents and the Master Governing Documents. 3.3.4 The Master Association shall have the power to veto any action that a Neighborhood Association proposes to take if the Master Board reasonably determines the proposed action to be adverse to the interests of the Master Association or its Members and shall have the power to approve the manager of the Neighborhood Association. The Master Association also shall have the power to require specific action to be taken by any Neighborhood Association in connection with its obligations and responsibilities, such as specific maintenance, repairs or aesthetic changes, or that the Neighborhood Association's budget include certain items and expenditures. 3.3.5 Each Neighborhood Developer shall ensure that the Neighborhood Governing Documents authorize the Master Association to exercise the powers described in this Master Declaration and are otherwise consistent with the Master Governing Documents, and shall obtain the written approval of the Master Developer for such Neighborhood Governing Documents in accordance with this Section 3.3. 3.3.6 No Neighborhood shall be required to be subject to MCIOA if it would otherwise be exempt from MCIOA under Section 515B.1-102 thereof. 3.3.7 The Master Developer has the power to (i) redesignate Neighborhood boundaries; (ii) change the number of Units in a Neighborhood; or (iii) combine or subdivide two or more Neighborhoods, subject to the requirements of Section 13. N. 2190398.v1