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6. 1. F. - Page 70 1363.840). The parties to such a dispute shall comply with the meet and confer requirements set forth in Sections 1363.810- 1363.850 of the Civil Code, including any procedures developed by the Association as described above. The dispute resolution procedures described Civil Code Sections 1363.810 - 1363.850 are intended to provide a simple and efficient intra- association dispute resolution method, and shall be undertaken in good faith by the parties to any such dispute. (b) With respect to an action solely for declaratory, injunctive or writ relief to enforce the Condominium Documents, the Davis - Stirling Act, the Nonprofit Mutual Benefit Corporation Law, or for declaratory relief or injunctive relief to enforce the same in conjunction with a claim for monetary damages not in excess of five thousand dollars ($5,000), the Board or the Owner, as applicable shall endeavor to submit the matter to alternative dispute resolution in compliance with the provisions of Section 1369.520 of the Civil Code. This obligation shall not apply to actions in small claims court. (c) As required by Civil Code Section 1369.590, Owners shall annually be provided with a summary of the provisions of Sections 1369.510- 1369.580 of the Civil Code, which shall specifically reference Section 1369.520, and shall include the following language: "Failure of a Member of the Association to comply with the alternative dispute resolution requirements of Section 1369.520 of the Civil Code may result in the loss of your right to sue the Association or another Member of the Association regarding enforcement of the governing documents or the applicable law." The summary shall be provided either at the time the pro forma budget is distributed (see Section 4.11 of this Declaration), or in the manner specified in Section 5016 of the Corporations Code. The summary shall include a description of the Association internal dispute resolution process, as required by Section 1363.850 of the Civil Code. Section 10.3 Required Actions Prior to Certain Legal Actions or Proceedings (a) Notwithstanding anything in this Declaration to the contrary, except as otherwise provided in this Section 10.3, the Board shall not cause nor permit the Association to institute any significant legal action or proceeding, including any mediation, arbitration or judicial reference proceeding, against Declarant or any person without providing the Owners with at least thirty (30) days' prior written notice of the Association's intention to institute such legal action or proceeding. The notice shall describe the purpose of the action or proceeding, the parties to the action or proceeding, the anticipated cost to the Association (including attorney fees) in prosecuting the action or proceeding, the source of funds to prosecute the action or proceeding (reserves or special or annual assessments), and suggested information that should be disclosed to third parties, such as prospective purchasers and lenders, while the action or proceeding is being prosecuted. For purposes of this Section 10.3, "significant legal proceeding" shall mean any action or legal proceeding in which it reasonably could be anticipated that any of the following events could occur: or proceeding; (1) The levy of a special assessment to fund all or any portion of the action (2) The expenditure of funds from the Association's reserves in connection with the action or proceeding in an amount in excess of five (5 %) percent of the then current reserves; ($25,000); or (3) The amount of the claim is in excess of twenty -five thousand dollars •1 CCRS -One Marina. docx