Reso 2016-2552 - Laserfiche WebLink

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(2) "Capital Improvements Assessments" shall mean and refer to amounts levied against each Owner and such Owner's Unit, representing a portion of the costs incurred by the Condominium Association for the acquisition, installation, construction or replacement (as distinguished from maintenance, repairs and replacement) of any capital improvements located or to be located within the Common Elements. 10. COLLECTION OF ASSESSMENTS: The General Assessments, Special Assessments, Capital Improvement Assessments and Limited Common Element Assessments (collectively, the "Assessments") shall be collected monthly or quarterly, in advance, and in a manner as determined from time to time by the Board of Directors. 11. MAINTENANCE. ALTERATION AND IMPROVEMENTS: Responsibility for the maintenance of the Condominium Property, and restrictions upon the alteration and improvement thereof, shall be as follows: A. Units (1) By the Condominium Association. The Condominium Association shall be responsible for maintaining and repairing the exterior portions of the Units, Provided however, the Condominium Association may provide maintenance upon any Unit requiring maintenance, when necessary in the opinion of the Board of Directors, to preserve the beauty, quality and value of the properties, and any maintenance, repair or replacement that is otherwise the responsibility of the Unit Owner hereunder and if said Unit Owner fails to replace, restore, repair or perform the required maintenance after notice to the Owner. The cost of such maintenance shall be assessed against the Unit upon which such maintenance is performed, or, at the option of the Board of Directors against the Unit or Units benefiting from the maintenance. The assessment shall be apportioned among the Units involved in a manner determined to be appropriate by Board. Any such maintenance assessment shall not be considered a part of the General Assessments or Special Assessments. (2) By the Unit Owners. The responsibility of the Unit Owner shall be to maintain, repair and replace, at the Owner's expense all portions of his Unit and any Limited Common Elements appurtenant thereto, including but not limited to the interior walls, floors, ceilings, finishings, glass entry area and entry doors, exterior lights connected to the unit, signs, electrical, heating and air conditioning equipment, plumbing or other utility specifically serving the Unit. Any such repair and/or replacement shall be within the guidelines established by the Condominium Association. B. Common Elements (1) By the Condominium Association. The Condominium Association 16