My WebLink
|
Help
|
About
|
Sign Out
Browse
Search
AgdaPkt 2011-09-12
RedwoodCity
>
City Clerk
>
Agenda Packets
>
2010-2019
>
2011
>
AgdaPkt 2011-09-12
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
2/24/2021 8:44:34 AM
Creation date
9/8/2011 5:43:24 PM
Metadata
Fields
Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Redevelopment Agency
Date
9/12/2011
Jump to thumbnail
< previous set
next set >
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
247
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
6. 1. F. - Page 68 <br />insurance claims and prior to procuring bids for performance of restoration work. As such, without <br />waiting to obtain insurance settlement or bids, the Board may undertake such emergency repair work after <br />a casualty as it may deem necessary or desirable under the circumstances and the Board may charge the <br />Association's operating accounts for the costs thereof. <br />Section 9.17 Notice of Casualty Within (60) days after any damage or destruction occurs <br />which invokes the provisions of Sections 9.12 through 9.16, the manager or the Board or, if they do not, <br />any Owner, the insurer, the insurance trustee or any Mortgagee of any such Owner shall record a sworn <br />declaration which shall state that such damage has occurred, shall describe such damage, shall name any <br />insurer against whom claim is or may be made, shall name each insurance trustee and shall state that such <br />sworn declaration is recorded pursuant to this Section of this Declaration and that a copy of such <br />declaration has been served on each Owner pursuant to the provisions of this Declaration. <br />Section 9.18 Condemnation In the event of any taking of any Unit, or a part thereof, by <br />eminent domain, the Owner of such Unit shall be entitled to receive the award of such taking after all <br />mortgages and liens on the Unit have been satisfied or otherwise discharged. After acceptance thereof <br />and if such Owner shall vacate the Unit as a result of such taking, the Owner and his Mortgagees shall be <br />divested of all interest in the Development. <br />In the event of a taking by eminent domain of the Common Area or more than one Unit, or any <br />parts thereof, at the same time, the Association shall represent the affected Owners in the negotiations and <br />shall propose the method of division of the proceeds of condemnation where the compensation is not <br />apportioned among the affected Owners and their respective Mortgagees by a court judgment or by <br />agreement between the condemning authority and each of the affected Owners. Such compensation <br />available to the affected Owners shall be distributed among the affected Owners and their respective <br />Mortgagees, as their interest may appear, according to the relative fair market value of the Condominiums <br />affected by the condemnation as determined by an independent appraisal conducted by an appraiser who <br />is a member of the American Institute of Appraisers or other nationally- recognized appraiser's <br />organization and whose appraisal shall be final. Said appraiser shall be retained by the Board and paid by <br />the Association. <br />Upon the taking of any Unit(s) which constitutes less than a total taking of all Units, the Board, <br />acting as attorney -in -fact of all Owners, shall amend the Condominium Plan, the Map (if necessary) and <br />this Declaration to eliminate from the Development the Units so taken and to adjust the undivided <br />ownership interest of the remaining Owners to reflect the reduced number of Units in the Development <br />and all Owners of the remaining Units shall convey to each remaining Owner an equal proportionate <br />share of the undivided interests in the Building Common Area. <br />ARTICLE 10 <br />DISPUTE RESOLUTION PROVISIONS <br />Section 10.1 Enforcement of CC &Rs and Disuute Resolution <br />(a) The Association, or any Owner, shall have the right to enforce, by any <br />proceeding at law or in equity, all restrictions, conditions, covenants, reservations, liens and charges now <br />or hereafter imposed by the provisions of this Declaration together with any amendments hereto or to the <br />Articles, Bylaws or other Condominium Document(s) and in such action shall be entitled to recover <br />damages and /or injunctive relief as well as reasonable attorneys fees as may be ordered by the Court. <br />58 <br />CCRS -One Marina. docx <br />
The URL can be used to link to this page
Your browser does not support the video tag.