Restrictive Covenants & By-laws

Governing the operation of the Association.

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ARTICLE 08 - OWNERSHIP, USE AND ENJOYMENT OF STREETS, PARKS AND RECREATIONAL AMENITIES. NO DEDICATION OF STREETS, ETC.
8.01 Ownership, Use and Enjoyment of Streets, Parks and Recreational Amenities:
Each street, lake, park, recreational facility or other amenity depicted on the recorded plat, is and shall remain private, and the recording of the plats is not intended to be, or shall be construed as, a dedication to the public of any of said streets, lakes, parks, recreational facilities or other amenities. A license upon such terms and conditions as Developer, its successors or assigns shall from time to time establish, for the use and enjoyment of each of said street, lakes, parks, recreational facilities and other amenities is reserved to Developer, its successors and assigns, to the persons who are, from time to time, members of the Association. Ownership of the streets, lakes, parks, recreational facilities and other amenities shall remain in the Association, subject to the conditional license described above.

8.02 Conveyance of Streets, Parks and Recreational Amenities:
Developer covenants, for itself, its successors and assigns, that within three (3) years after their completion, to convey fee simple title, free of financial encumbrances, to such streets, lakes, parks, recreational facilities, dams and spillways and other amenities, to the Association hereinafter described. Such conveyance shall be subject to easements and restrictions of record, and such other conditions as the Developer, may at the time of such conveyance deem appropriate and proper. Such conveyance shall be deemed to have been accepted by the Association and those persons who shall from time to time be members thereof, upon the recording of a deed or deeds conveying such streets, lakes, parks, recreational facilities, dams and spillways and other amenities to the Association.