Common use of Special Assessments for Capital Improvements Clause in Contracts

Special Assessments for Capital Improvements. In addition to the annual assessment authorized above, the Association 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, repair or replacement of a capital improvement upon the Common Area, including fixtures and personal property related thereto, provided that any such subsequent meeting shall be held more than sixty (60) days following the preceding meeting.

Special Assessments for Capital Improvements. In addition to the annual assessment authorized above, the Association 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, repair or replacement of a capital improvement upon the Common Areacommon area, including fixtures and personal property related thereto, provided that any such subsequent meeting shall be held more than sixty (60) days following the preceding meeting.

Special Assessments for Capital Improvements. In addition to the annual assessment assessments authorized above, the Association may levy levy, in any calendar assessment 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, repair repair, or replacement of a capital improvement upon the Common Area, including fixtures and personal property related thereto, provided that any such subsequent assessment shall have the consent of two-­‐thirds (2/3) of the votes of each class of Association members who are voting in person or by proxy at a meeting shall be held more than sixty (60) days following the preceding meetingduly called for this purpose.

Special Assessments for Capital Improvements. In addition to the annual assessment assessments authorized above, the Association may levy in any calendar assessment year, a special assessment applicable to that year only for the purpose of defraying defraying, in whole or in part, the cost of any construction, reconstruction, repair or replacement of a capital improvement upon the Common Area, including fixtures and personal property related thereto, thereto provided that any such subsequent assessment shall have the assent of two-thirds (2/3) of the votes of the members of each class who are voting in person or by proxy at a meeting shall be held more than sixty (60) days following the preceding meetingduly called for this purpose.

Special Assessments for Capital Improvements. In addition to the annual assessment assessments authorized above, the Association may levy levy, in any calendar assessment year, a special assessment applicable to that year only for the purpose of defraying defraying, in whole or in part, the cost of any construction, reconstruction, repair or replacement of a capital improvement upon the Common Areacommon area, including fixtures and personal property related thereto, provided that any such subsequent meeting assessment shall be held have the written consent of the Owners of the Lots, comprising two-thirds (2/3rds) or more than sixty (60) days following of the preceding meetingacres situated in all the Lots.

Special Assessments for Capital Improvements. In addition to the annual assessment assessments authorized above, the Association may levy levy, in any calendar assessment year, a special assessment applicable to that year only for the purpose of defraying defraying, in whole or in part, the cost of any construction, reconstruction, repair or replacement of a capital improvement upon the Common Areaimprovement, or to repair any Privacy Walls, including fixtures and personal property related thereto, provided that any such subsequent assessment shall have the assent of two-thirds (2/3) of the total votes of all Members who are voting in person or by proxy at a meeting shall be held more than sixty (60) days following the preceding meetingduly called for this purpose.

Special Assessments for Capital Improvements. In addition to the annual assessment authorized above, the Association may levy levy, in any calendar assessment 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, repair or replacement of a capital improvement upon the Common Areaimprovement, including fixtures fixtures, and personal property related thereto, provided that any such subsequent assessment shall have the assent of three-fourths (3/4) of the votes of each class of members who are voting in person or by proxy at a meeting shall be held more than sixty (60) days following the preceding meetingduly called for this purpose.

Special Assessments for Capital Improvements. In addition to the annual assessment authorized above, the Association may levy in any calendar year, a special assessment assessment, applicable to that year only for the purpose purposes of defraying defraying, in whole or in part, the cost of any construction, reconstruction, repair or replacement of a capital improvement upon the Common Areacommon area, including fixtures and personal property related thereto, provided that any such subsequent assessment shall have the assent of two-thirds (2/3) of the vote of each class of members who are voting in person or by proxy in a meeting shall be held more than sixty (60) days following the preceding meetingduly called for this purpose.