Turtle CoveProperty Owner's Association222 Clubhouse Drive Monticello, Georgia 31064 Telephone:
(706) 468-8805
E-Mail: turtlecovepoa@bellsouth.net |
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Turtle Cove Subdivision and Additions Thereto
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8. Dues and Assessments:
8.01 Purpose of Dues and Assessments The dues and assessments levied by the Association shall be used exclusively for the purpose of promoting the recreation, health, safety, and welfare of the Owners and, in particular, for the improvement and maintenance of the Common Properties devoted to this purpose and services related to the use and enjoyment of the Common Properties and of the Lots and Living Units. 8.02 Amount of Dues (a) Basic dues of $55.00 per year shall be assessed against each Lot or Living Unit and shall be paid by the Owner thereof to the Association. If two Owners of record (other than husband and wife) own a Lot or Living Unit, the basic dues of $55.00 per year shall be assessed against such Lot or Living Unit and paid by one such Owner, and in addition thereto supplemental dues of $125.00 per year shall be assessed against such Lot or Living Unit and paid by the other such Owner. No further dues shall be assessed against any Lot or Living Unit; however, if any Lot or Living Unit is owned by more than two Owners, the right to use and enjoy the Common Properties as provided in Subsection 3.02 above shall be limited to two of such Owners, and all further Owners of such Lot or Living Unit and their family members and guests shall not be permitted to use the Common Properties in any manner. In the case of a Lot or Living Unit owned by more than two Owners, all such Owners shall deliver to the Association a joint written designation of the two Owners who shall be entitled to use and enjoy the Common Properties. For purposes of this paragraph a husband and wife who jointly own a Lot or Living Unit shall be deemed to be one Owner.8.03 Payment Date; Beginning; Proration The dues shall apply to each calendar year beginning with 1972 and shall be fully paid for each year on or before March 1 of that year. Provided, however, that the dues assessed against any Lot or Living Unit shall begin only with the year during which such Lot or Living Unit is purchased from the Developer, and if such purchase is closed after June 30 of that year, the dues otherwise assessed against such Lot or Living Unit for that year shall be reduced by fifty (50) percent. 8.04 Increase in Dues The Board may increase the dues prospectively at any time, provided that (i) any such increase must be first approved by the affirmative vote to two-thirds of the votes of the Class A Members entitled to vote and present in person or by proxy and actually voting in person or by proxy at a meeting thereof duly called for such purpose; (ii) any such increase shall apply to a period of three consecutive calendar years, and the dues with respect to such three years shall not be further increased; and (iii) in any case the dues set forth in Subsection 8.02 above shall apply to the calendar years 1972, 1973, and 1974, and the dues for such three years shall not be increased.8.05 Special Assessments for Service The Board may provide for the collection of garbage, trash and other refuse, the installation and maintenance of water-supply and sewage-disposal systems, the maintenance of water quality in the bodies of water within and adjacent to the Properties and the environmental quality of adjacent shorelines, the protective maintenance of Lots, and similar services. The Board may assess the Owners for these services, on the basis of benefits received, and add the charges therefor to the dues provided in Subsection 8.02, 8.03, and 8.04 above, provided that no special assessment for services shall commence prior to July 1, 1975; no approval by the Class A Members shall be required for a special assessment for services.8.06 Special Assessments for Capital Improvements In addition to the dues provided in Subsection 8.02, 8.03, and 8.04 above and to assessments for services authorized by Subsection 8.05 above, the Board may levy in any calendar year a special assessment, applicable to that year only, for the purpose of defraying in whole or in part the cost of any construction, reconstruction, unexpected repair or replacement of a described Facility, including the necessary fixtures and personal property related thereto, provided that (i) any such assessment shall have been approved by the affirmative vote of two-thirds of the votes of the Class A Members entitled to vote and present in person or by proxy and actually voting in person or by proxy at a meeting thereof duly called for such purpose; and (ii) no special assessment for capital improvements shall be levied prior to July 1, 1975.8.07 Meetings to Approve Dues Increases or Assessments (a) If the Board shall determine to increase the dues or levy a special assessment for capital improvements, the Board shall promptly call a special meeting of the Class A Members for the purpose of voting upon such determination; the Board shall send written notice of the time, place, purpose and call of such meeting to all Members not less than thirty (30) days prior to the date of such meeting.8.08 Duties of the Board (a) The Board shall prepare and shall at all times maintain a roster of the Lots and Living Units and the dues and assessments currently applicable thereto, which shall be kept in the office of the Association and shall be open to inspection by any Owner at reasonable hours. Not less than thirty (30) days before the payment date of any dues increase or the effective date of any special assessment, the Board shall prepare a new roster of the Lots and Living Units reflecting such dues increase or such assessment and send written notice of the change to every Owner subject thereto.8.09 Owner's Personal Obligation; Lien; Remedies (a) By acceptance of a deed or other conveyance of a Lot or Living Unit, every Owner (other than the Developer) shall be deemed to covenant and agree to pay the Association all dues and assessments from time to time fixed, established and levied in the manner prescribed in this Section, whether or not so expressed in any such deed or conveyance. All such dues and assessments, together with interest thereon and costs of collection as provided below, shall be the personal obligation of every person who was the Owner in whole or in part of the Lot or Living Unit against which the same was assessed in each case at the time the same became due and payable. This personal obligation shall remain the personal obligation of every such person for so long as permitted by law, whether or not such person sells or assigns his interest in such Lot or Living Unit and whether or not any such purchaser or assignee assumes such personal obligation. All such dues and assessments, together with interest thereon and costs of collection as provided below, shall also be a charge on the land and shall be a continuing lien upon the Lot or Living Unit against which the same was assessed in each case; such lien shall bind the Lot or Living Unit in the hands of the Owner or Owners thereof, their heirs, successors and assigns.8.10 Subordination of the Lien to Mortgages The lien for dues and assessments shall be subject and subordinate to the lien of any mortgage or security deed or contract seller's interest now or hereafter placed upon any Lot or Living Unit subject to dues and assessment; provided, however, that such subordination shall apply only to the dues and assessments which have become due and payable prior to a sale or transfer of such Lot or Living Unit pursuant to a decree of foreclosure or any other proceeding in lieu of foreclosure or a sale under power. Such sale or transfer shall not relieve such Lot or Living Unit from liability for any dues or assessments thereafter becoming due or from the lien thereof. |
