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ARTICLE III - MEMBERS RIGHTS AND RESPONSIBILITIES
1. Membership in the Corporation shall be restricted to lot owners in the development known as Camelot Forest, Tobyhanna Township, Monroe County, Pennsylvania, or lot owners bordering on Lake Kathryn, Camelot Forest.
2. Membership in the Corporation may be evidenced by a Certificate of Membership, in which case they shall be in such form and style as the Board of Directors may determine. They shall be signed by the President or Vice President and shall bear the corporate seal. This Certificate may be required for use of common facilities of Camelot Forest Conservation Association, Inc.
3. Dues will be assessed to all members based on a lot classification system as follows:
L - a vacant Lot; S - a secondary lot or a lot which can never be built on, either because the adjoining house encroaches on the property line or building setback line dividing the two, or because the owner of the two lots voluntarily combined the two into one by deed. If these lots are separated at a later date, any back dues on the separate lot become due at that time. E - Exempt lot; temporarily exempt from dues by court order until lot is sold. Dues commence on transfer of property. C - Camelot-owned property 4. All annual dues shall be assessed as of January 1st of each year. 5. The Board of Directors may increase from time to time the maximum amount of annual dues. Such an increase can be overturned by a two-thirds vote of the eligible voters at a meeting of the membership. The Board of Directors may reduce uniformly the dues temporarily without approval of the general membership. 6. The Board of Directors may levy special assessments for specific projects. 7. The Board of Directors shall have the right to assess late charges on those accounts not paid in full and shall determine the amount of late charges to be assessed in accordance with Pennsylvania Law. The Board of Directors has the power to assess and collect additional costs incurred in the collection of delinquent dues and assessments. This shall include reasonable and customary fees associated with the collection of delinquent dues. The Board of Directors also has the right to process liens and proceed to Sheriff Sale without a hearing. 8. Members who violate the Bylaws, Policies, or Rules and Regulations set forth by the Corporation may be fined, voting rights can be suspended, and the use of corporate facilities can be denied by a majority vote of the Board. Members have the right to a hearing before the Board prior to any such action being taken. If the Board imposes such a suspension or fine, a member may appeal the decision to the Grievance Committee. 9. Owners will be responsible to see that visitors, renters, contractors, and realtors adhere to the Association rules. 10. Membership in this Corporation is not transferable or assignable, except with the sale of property. |
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Last updated 1/18/05 | ||