Below is an summary of Sylvan Shores Covenants by page with some brief descriptions. Please see the complete list of Sylvan Shores rules, regulations and building permit/requirements.
Sylvan Shores was developed to create a residential community with permanent parks, playgrounds, open spaces and other common facilities.
SYLVAN SHORES ASSOCIATION exists to preserve the values and amenities in the community.
ARTICLE I - Definitions - continued on page 3
Association
The Properties
Common Properties
Original Lot
Owner
Member
Page 3, 4
ARTICLE II - PROPERTY SUBJECT TO THE DECLARATION - continued on page 4
Townships - Turtle Creek, Ward, Fawn Lake, Moran - in Todd County
More particularly described as (legal descriptions are included) - DESCRIBED AS "Existing Property" continued on page 4:
FAWN LAKE MEADOWS
PLAT OF LITTLE PINE SHORES
PINE ISLAND HEIGHTS
PLAT OF PRAIRIE RIVER HEIGHTS
PLAT OF SYLVAN SHORES
PLAT OF SYLVAN SHORES SOUTH
PLAT OF SYLVAN SHORES VILLA
PLAT OF TIMBER RIDGE
Page 4
Sylvan Shores (the Developer) may bring in additional property
Other additions - owners may request to be added to "the scheme"
Mergers - discusses merging with another association
Page 5, 6
ARTICLE III - MEMBERSHIP AND VOTING RIGHTS Section 1. Membership
Ownership
Voting and Non-Voting Members - note: each lot has one vote (common owners need to agree)
ARTICLE IV - PROPERTY RIGHTS IN THE COMMON PROPERTIES (continued on page 6)
Members have a right to the use and enjoyment of Common Properties
The Developer retains the legal title to the Common Properties
Borrowing money for improvements
Fees and suspending use of Common Properties
Pages 6, 7, 8, 9
ARTICLE V - COVENANT FOR MAINTENANCE ASSESSMENTS Section 1. Creation of Lien and Personal Obligation of Assessments
Agreement to pay the Association:
Annual Assessments
Special Assessments for Capital Improvements
The assessments "shall be a charge on the land and shall be a continuing lien upon the property..."
Section 2. Purpose of Assessments The assessments levied by the Association shall be used exclusively for the purpose of promoting the recreation, health, safety and welfare of the residents...
Section 3. Basis and Amount of Annual Assessments January 2006 - Fees were increased to $120 for the first lot and $45 for each additional lot in the same subdivision.
Section 4. Special Assessments for Capital Improvements Special Assessments may be levied "... for the purpose of defraying, in whole or in part, the cost of any construction or reconstruction, unexpected repair or replacement of a described capital improvement upon the Common Properties..." (subject to a vote)
Section 5. Change in Basis and Maximum of Annual Assessments May be changed subject to 2/3 of the votes of the members who are voting.
Section 6. Quorum for any Action Authorized Under Section 4 and 5 First Meeting - 60% of all the votes of the membership Subsequent Meetings - must adhere to notice requirements - the quorum shall be 1/2 of the required quorum of the preceding meeting
Section 7. Date and Commencement of Annual Assessments. Due Dates. Due on April 1st - no prorated fees.
Section 8. Duties of the Board of Directors The Board of Directors shall prepare a roster of the properties and assessments at least 30 days in advance of the due date.
Section 9. Effect of Non-Payment of Assessment If not paid by due date, they are considered delinquent, subject to interest and collection fees.
If not paid within 30 days - a penalty fee of $2 to be added, followed by 6% per annum
Section 10. Subordination of the Lien to Mortgages
Section 11. Exempt Property (exempt from assessments)
Easements
Common Properties
Exempt from Taxes
Property owned by the Developer
Page 9, 10
ARTICLE VI - ARCHITECTURAL CONTROL COMMITTEE Section 1. Review by Committee - structures and plans should be submitted and approved.
Sylvan Shores (the Developer) may bring in additional property
Other additions - owners may request to be added to "the scheme"
Mergers - discusses merging with another association
Sylvan Shores (the Developer) may bring in additional property
Other additions - owners may request to be added to "the scheme"
Mergers - discusses merging with another association
Page 10, 11
ARTICLE VII - BUILDING AND USE LIMITATOINS
Section 1. Residential purposes, no businesses or manufacturing, 2½ stories in height max, one garage or boathouse. Details given about materials, square footage.
Section 2. Discussion of temporary structures. Discussion of animals, noxious weeds and trash/rubbish.
Section 3. Building Location
Section 4. Easements - details given for one lot and multiple lots. Inside toilets with septic tanks are required.
Section 5. Sylvan Shores Villa - mobile home descriptions.
Page 12
ARTICLE VIII - GENERAL PROVISIONS
Section 1. Duration Initially 20 years and then renews every 10 years. Changes require a 90 day notice to owners.
Section 2. Notices Required to be mailed to the last known address.
