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LAKEVILLE COMMUNITY ASSOCIATION, INC. RESOLUTION IMPLEMENTING FINING POLICY FOR DEED RESTRICTION VIOLATION
WHEREAS, the Board of Directors of the Lakeville Community Association, Inc. (the “Association”), held a Board of Directors meeting on the 9th day of Feburary 202l; and WHEREAS, the Board of Directors determined that the litigation of deed restriction violations, particularly those which are reoccurring and common, can be a time consuming and expensive process for both the Association and the individual members concerned; and WHEREAS, the Board of Directors determined that non-complying members might respond more readily to Association requests to effect compliance following the imposition of a fine rather than the Association immediately turning the matter over to legal counsel; and WHEREAS, the Board of Directors determined that adoption of such a policy would be appropriate and in accordance with, INTER ALIA, Texas Property Code §204.010(a)(11) as well as Texas Business Organizations Code Title 1, §2.101 et seq.; and WHEREAS, a deed restriction fining policy attached hereto as Exhibit “A” was presented to the Board for its approval; and WHEREAS, during the course of business, a vote of the Board of Directors was taken to approve adoption of the proposed policy, and upon review of the votes cast for the above proposal, it was determined that the attached policy of imposing fines for deed restriction violations was passed by a vote of the Board of Directors; NOW, THEREFORE, BE IT RESOLVED, that the Association, acting by and through its Board of Directors, shall prepare and implement a written policy outlining the imposition of fines for violations of its restrictive covenants in the manner and format set forth in Exhibit “A”. BE IT FURTHER RESOLVED, that this policy be published to the membership and that a true and correct copy of this Fining Policy shall be filed in the real property records of Harris County, Texas, pursuant to the requirements of Texas Property Code sections 202.001 and 202.006. IN WITNESS WHEREOF, the undersigned have executed this Resolution on the 24th day of Feburary, 2021. INSERT NAME, President INSERT NAME, Director LaTosha LaFleur INSERT NAME, Director ============================================================================================================== For Certification, signature, and notary please refer to the PDF Page