2017.04.17 CC Packet - Laserfiche WebLink

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3.3.8 New, additional Neighborhoods may be created or added to on Additional Property or other property added to the Property pursuant to Section 2.2 or 2.3, as applicable, or replatted from existing outlots. 3.3.9 In addition to the Master Developer's right to add to, subdivide or combine Neighborhoods under Section 13, a Neighborhood Developer or Neighborhood Association may petition the Master Board for an addition to, or combination or subdivision of, a Neighborhood. The petition shall include specific details of the proposed change, together with any other information required by the Master Board. Unless otherwise agreed by the Master Board, the Person(s) making the petition shall be responsible for the payment of all fees and costs in connection with the change. The Master Governing Documents and the affected Neighborhood Governing Documents, must be amended as necessary to reflect the change. The amendment must be approved in writing by the (i) the Neighborhood Board of each affected Neighborhood, as applicable; (ii) the Master Board; (iii) the Master Developer so long as it owns an unsold Unit for sale or has the right to subject any Additional Property to this Master Declaration; and (iv) the Neighborhood Developer of the affected Neighborhood so long as it owns an unsold Unit for sale in the Neighborhood or has the right to add additional real estate to the Neighborhood. 3.3.10 Except as expressly authorized by this Master Declaration, no Neighborhood shall be terminated, no Neighborhood Governing Documents shall be amended, and no Neighborhood Association shall be dissolved or subjected to bankruptcy or insolvency proceedings, without the prior written approval of (i) the Master Board; (ii) the Neighborhood Board of the affected Neighborhood, (iii) the Master Developer so long as it owns an unsold Unit for sale or has the right to subject Additional Property to this Master Declaration; and (iv) the Neighborhood Developer so long as it owns an unsold Unit for sale in the Neighborhood or has the right to subject additional property to the Neighborhood Declaration. 3.4 Membership. Membership in the Master Association is governed by the following qualifications: 3.4.1 Each Neighborhood Association shall have one membership in the Master Association, subject to the qualifications set forth in this Section 3.4. The membership shall attach to a Neighborhood Association at the time the Neighborhood Declaration is recorded. Except as expressly provided in this Master Declaration, a membership shall be appurtenant to and shall not be separated from the Neighborhood Association to which it is attached. 3.4.2 The interests, rights and obligations of a Neighborhood Association may be assigned or transferred but only to a successor association or other Person which assumes and/or performs the obligations of the Neighborhood Association pursuant to the Master Governing Documents, the Neighborhood Governing Documents and MCIOA. 3.4.3 Each Member shall elect or appoint a Member Representative and alternate Member Representative (individually and collectively referred to as a "Member Representative") to cast the vote allocated to that Member, as provided in the Master Bylaws. 9 2190398.v1