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Last modified
9/20/2012 7:02:22 AM
Creation date
8/9/2011 10:07:20 AM
Metadata
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Building
RecordID
10080
Title
Cost Sharing Models
Company
WEGroup Report 1993
BLDG Date
1/1/1999
Building
Courthouse Square
BLDG Document Type
Design - Planning
Project ID
CS9801 Courthouse Square Construction
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parking garage common area shall include the ramps and sidewalks from the curb to the <br />~ pazking level as depicted on the plat, but shall not include the Parking Units, the storage <br />areas, elevator shafts, walk aisles, stairways and lobby areas located under the building <br />footprint, as depicted on the plat. The parking garage common area shall be owned by <br />the Unit Owners in the same propoRion as the number of parking spaces owned by each <br />~ owner within their respective Parking Units bears to the total number of parking spaces <br />in the parking garage; and <br />_- (h) All other elements of the building necessary or convenient to <br />~ its existence, maintenance and safety, or which are normally in common use. <br />4.2 Maintenance Repair and R~lacement• Liabilirv for Common Exnense. <br />~ (a) General. The cost of maintenance, repair and replacement of the <br />common elements shall be a common expense, and the performance of such work shall <br />be the responsibility of the Association. achUnit owner will be liable for the common <br />expense as provided in this Section. Nothing herein contained, however, shall be <br />~ construed so as to preclude the Association from delegating to persons, firms or <br />corporations of its choice, such duties as may be imposed by the Association. <br />(b) Office Units. The cost of maintenance, repair and replacement of all <br />~ the common elements, except as expressly set forth otherwise in this Section, shall be the <br />liability of the owners of the Office Units. Office Unit 1 shall bear 20.07% of such costs <br />and Office Unit 2 shall bear 79.93% os such costs. Each owner of an Office Unit shall <br />~ bear the entire cost of maintenance, repair and replacement of such Office Unit or any <br />portion thereof. <br />(c) Hearing Room Unit. The cost of maintenance, repair and <br />~ replacement of the Hearing Room Unit shall be shared equally by the owners of the <br />Hearing Room Unit and the performance of such work shall be the responsibility of the <br />Association. The Hearing Room shall be used in accordance with Section 6.2. <br />~ (d) Ivlall Unit. The owner of the Mall Unit shall be responsible for the <br />performance and cost of maintenance, repair and replacement of the Mall Unit or any <br />poRion thereof. <br />(e) Parking Garaee. The cost of maintenance and repair of the parking <br />gazage common area (described in Section 4.1(g)) necessitated by normal wear and tear <br />shall be born by the owners of the Parking Units in same proportion as the number of <br />parking spaces owned by each owner within their respective Parking Units bears to the <br />total number of parking spaces in the parking garage. The cost of maintenance and <br />repair of the upper (ceiling) concrete slab of the parking garage common area <br />necessitated by normal wear and tear attributable to the use of the Mall Unit shall be <br />bom by the owner of the Mall Unit. The cost of structural repairs and replacement of <br />that portion of the upper (ceiling) concrete slab of the parking garage common area <br />located immediately below the Mall Unit shall be born 50°lo by the owner of the Mall <br />Unit and 50% by the owner of the CP Unit. <br />Nothing herein contained, however, shall be construed so as to preclude the Association <br />from delegating to persons, firms or corporations of its choice such duties as may be <br />imposed by the Association. <br />4.3 Income From Common Elements. All common revenue from the general common <br />elements (except the parking garage common area) shall be income of the Association. The Board of <br />Directors may, in its discretion, use such income to help meet the expense of maintaining the common <br />Condominium Declaration <br />Page - 4 <br />1026980258 <br />
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