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HomeMy WebLinkAbout1549 Section 2 -Compliance with Parking Plan When the developer has canpleted the parking plan, unit " owners agree that they will park in their respective allocated spaces and that such plan shall hot be changed or amended except upon the affirmative vote of seventy-five percent (75~) of the un f t owners and consent of the unit owners affected. The parking plan shall not be recorded in the Public Records, but the association shall keep said plan in its records and make the same available to unit owners at all times. Section 3 -Fenced Parking and Storage Area As part of the condominium complex, there shall be set aside a fenced. parking area for the parking and storage of trailers, boat trailers, boats, recreational vehicles and other vehicles of like character. Parking space in such parking and storage facility shall be assigned by the association or developer on a first cane, first served basis. .The rental for each such space shall initially be the sum of Two Dollars ($2.00) per nbnth for each such space. Spaces shall be leased or rented only to .unit owners in the condominium. The monthly rates for such parking or storage spaces may be increased or decreased by the association at any time after the condominium mem- bership has taken full control. of the association. The parking and storage spaces herein mentioned shall be limited canmon elements. Income from such rentals shall be revenue to the association. XX. General Use Regulations and Restrictions " All unit owners, in addition to any other obligation, duty, right and limitation imposed upon them by this Declaration, the Articles of Incorporation, the 8y-Laws of the association and the Condominium Act shall be subject to and each owner does agree to abide by the following restrictive covenants and regulations which shall be applicable to all unit owners, their families, guests, servants, invi- tees, tenants and licensees, to-wit: Section 1 -Residential Use No unit shall be used for any purpose other than for residen- tial purposes except that the developer may use any unsold unit or units as an aid in selling units or as its sales office. -13- gQOK JJ~ P:GE 1540 ~