| Section 1. Duration. The Covenants and
Restrictions of this Declaration and any Amendments thereto shall run with and bind the
land, and shall inure to the benefit of and be enforceable by the Association, the
Company, or the Owner of any land subject to this Declaration, their respective legal
representatives, heirs, successors, and assigns, for a period of thirty (30) years from
the date this Declaration is recorded. Upon the expiration of said thirty (30) year
period, this Declaration shall be automatically extended for successive periods of ten
(10) years. The number of ten (10) year extension periods hereunder shall be unlimited,
and this Declaration shall be automatically extended upon the expiration of the initial
thirty (30) year period and each ten (10) year extension period for an additional ten (10)
year period; provided, however, that there shall be no extension of this Declaration if
during the last year of the initial thirty (30) year period, or during the last year of
any subsequent then (10) year extension period, at a duly called meeting of the
Association, fifty-one (51%) percent or more of the total vote entitled to be cast by all
the Members of the Association shall vote in favor of terminating this Declaration at the
end if its then current term. The presence at the meeting of Members or proxies entitled
to cast sixty (60%) percent of the total vote of the Membership shall constitute a quorum.
It shall be required that written notice of any meeting at which such a proposal to
terminate this Declaration is to be considered, setting forth the fact that such a
proposal will be considered, shall be given each Member at least thirty (30) days in
advance of said meeting. In the event that the Members of the Association vote to
terminate this Declaration, the President and Secretary of the Association shall execute a
certificate which shall set forth the Resolution of Termination adopted by the
Association, the date of the meeting of the Association at which such Resolution was
adopted, the date that Notice of such Meeting was given, the total number of votes of
Members of the Association, the total number of votes required to constitute a quorum at a
meeting of the Association, the total number of votes present at said meeting, the total
number of votes necessary to adopt a Resolution terminating this Declaration, the total
number of votes cast in favor of such Resolution, and the total number of votes cast
against such Resolution. Said certificate shall be recorded in the Clerk's Office of the
Circuit Court of Chesterfield County, Virginia, and may be relied upon for the correctness
of the facts contained therein as they relate to the termination of this Declaration.
Section 2. Amendments. All proposed Amendments to this
Declaration shall be submitted to a vote of the Members at a duly called meeting of the
Association subject to the quorum requirements established by Article III, Section 6 (a),
and any such proposed amendment shall be deemed approved if two-thirds (2/3) of the votes
cast at such meeting vote in favor of such proposed amendment. Notice shall be given each
Member at least thirty (30) days prior to the date of the meeting at which such proposed
amendment is to be considered. If any proposed amendment to this Declaration is approved
by the Members as set forth above, the President and Secretary of the Association shall
execute an Addendum to this Declaration which shall set forth the Amendment, the effective
date of the Amendment (which in no event shall be less than sixty (60) days after the date
of the meeting of the Association at which such Amendment was adopted, the date of the
meeting of the Association at which such Amendment was adopted, the date that notice of
such meeting was given, the total number of votes of Members of the Association, the total
number of votes required to constitute a quorum at a meeting of the Association, the total
number of votes present at said meeting, the total number of votes cast for and against
the Amendment, the number of votes necessary to adopt the Amendment, the total number of
votes cast in favor of such Amendment and the total number of votes cast against the
Amendment. Such Addendum shall be recorded in the Clerk's Office of the Circuit Court of
Chesterfield County, Virginia.
So long as the Company, as the Type "E" Member, is
entitled to elect a majority of the Members of the Board of Directors of the Association,
no Amendment of this Declaration shall be made without the consent of the Company; and
until the end of the period of development no Amendment of this Declaration shall be made
without the consent of the Company which would have the affect of creating a
disproportionate increase in the Maximum Regular Annual Assessment, the actual assessment
levied, or any Special Assessment of any Class of Owners.
Section 3. Notices. Any notice required to be sent to
any Member under the provisions of this Declaration shall be deemed to have been properly
sent, and notice thereby given, when delivered personally or sent by mail, with the proper
postage affixed, to the address appearing on the Association's Membership list. Notice to
one (1) of the two (2) or more co-owners or co-tenants of a Residential Lot, Family
Dwelling Unit, Multiple-Family Tract, Public or Commercial Site, Public or Commercial
Unit, Development Unit Parcel, or Unsubdivided Land shall constitute notice to all
co-owners. It shall be the obligation of every member to immediately notify the Secretary
of the Association in writing of any change of address. Any person who becomes a Member
following the first day in the calendar month in which said notice is delivered or mailed
shall be deemed to have been given notice if notice was given to his predecessor in title.
Section 4. Enforcement. Enforcement of these Covenants
and Restrictions shall be by any preceding at law or in equity against any person or
persons violating or attempting to violate of circumvent any Covenant or Restriction,
either to restrain violation or to recover damages, and against the land and to enforce
any lien created by these Covenants; and failure by the Association or any Member or the
Company to enforce any Covenant or Restriction herein contained for any period of time
shall in no event be deemed a waiver or estoppel of the right to enforce same thereafter.
Section 5. Severability. Should any Covenant or
Restriction herein contained, or any Article, Section, Subsection, sentence, clause,
phrase or term of this Declaration be declared to be void, invalid, illegal, or
unenforceable, for any reason, by the adjudication of any Court or other tribunal having
jurisdiction over the parties hereto and the subject matter hereof, such judgment shall in
no wise affect the other provisions hereof which are hereby declared to be severable and
which shall remain in full force and effect.
Section 6. Interpretation. The Board of Directors of
the Association shall have the right to determine all questions arising in connection with
this Declaration of Covenants and Restrictions, and to construe and interpret its
provisions, and its determination, construction, or interpretation shall be final and
binding. In all cases, the provisions of this Declaration of Covenants and Restrictions
shall be given that interpretation or construction that will best tend toward the
consummation of the general plan of improvements.
Section 7. Authorized Action. All actions which the
Association is allowed to take under this instrument shall be authorized actions of the
Association if approved by the Board of Directors of the Association in the manner
provided for in the By-Laws of the Association, unless the terms of this instrument
provide otherwise.
Section 8. Other Agreements. Notwithstanding anything
contained herein to the contrary, all the provisions of these Covenants shall be subject
to and conform with the provision of:
(a) The Zoning Ordinance of the County of Chesterfield,
Virginia, and the rules and regulations promulgated thereunder, as may from time to time
hereafter be amended or modified;
(b) The Master Plan for the development of Woodlake as
approved by the Board of Supervisors of the County of Chesterfield as may from time to
time hereinafter be amended or modified;
(c) All conditions imposed on Woodlake in connection with the
Conditional Use granted by such Board of Supervisors allowing the development of Woodlake
as a Planned Development. under such Zoning Ordinance of the County of Chesterfield,
Virginia, as may from time to time hereafter be amended or modified; and
(d) Those three (3) certain Agreements and Deeds of Easement,
all dated December 11, 1968, between predecessors in title to Woodlake and the County of
Chesterfield, Virginia, and recorded in Deed Book 946 at page 140 (rerecorded in Deed Book
949 at page 657 with plat attached), Deed Book 946 at page 157, and Deed Book 946 at page
170, in the Clerk's Office of the Circuit Court of the County of Chesterfield, Virginia,
relating to the creation of flood easements for the Swift Creek Reservoir and the
protection, operation, maintenance and use of such reservoir; and the right, as granted
pursuant to a Deed of Assumption dated January 12, 1973, recorded in aforesaid Clerk's
Office in Deed Book 1086, page 284, of Brandermill, its successors and assigns, to
promulgate Uniform Rules and Regulations in and to the use of the portion of the Reservoir
described in the Agreements in this paragraph (d).
(e) The Declaration of Rights, Restrictions, Affirmative
Obligations and Conditions Applicable to All Property in Woodlake (the "General
Property Covenants"), which covenants are to be recorded contemporaneously herewith
in the Realty Records in the Clerk's Office of the Circuit Court of Chesterfield County,
Virginia. In the event of any conflict between this Declaration and said General Property
Covenants, said General Property Covenants shall prevail.
None of the provisions of this Section (8) are or shall in any
way be construed to be or to constitute a conveyance, transfer, disposition, waiver or
relinquishment of any right, title, and interest of the Company or the Association, as
their respective rights, titles, and interests may appear, in and to or under any of the
above referenced instruments or documents to or for the benefit of any other person, firm,
or corporation.
Section 9. Limited Liability. In connection with all
reviews, acceptances, inspections, permissions, consents or required approvals by or from
the Company and/or the Association contemplated under this Declaration, the Company and/or
the Association shall not be liable to an Owner or to any other person on account of any
claim, liability, damage, or expense suffered or incurred by or threatened against an
Owner or such other person and arising out of or in any way relating to the subject matter
of any such reviews, acceptances, inspections, permissions, consents or required approvals
whether given, granted, or withheld.
Section 10. Termination of Association. In the event
that this Declaration be declared to be void, invalid, illegal, or unenforceable in its
entirety, or in such a significant manner that the Association is not able to function
substantially as contemplated by the terms hereof, for any reason, by the adjudication of
any Court or other tribunal having jurisdiction over the parties hereto and the subject
matter hereof, and such adjudication occurs within ten (10) years of the date of recording
this Declaration, all Common Properties and Restricted Common Properties belonging to the
Association at the time of such adjudication shall revert to the Company, and the Company
shall own and operate said Common Properties and Restricted Common Properties as Trustee
for the use and benefit of Owners within the Properties as set forth below. If said
adjudication shall occur on a date more than ten (10) years after the date of recording of
this Declaration, or if the Members of the Association should vote not to renew and extend
this Declaration as provided for in Article VIII, Section I, all Common Properties and
Restricted Common Properties owned by the Association at such time shall be transferred to
a Trustee appointed by the Circuit Court of Chesterfield County, Virginia, which Trustee
shall own and operate said Common Properties and Restricted Common Properties for the use
and benefit of Owners within the Properties as set forth below:
(a) Each Lot or Parcel of land located within the Properties
shall be subject to an Annual Assessment which shall be paid by the Owner of each such Lot
or Parcel to the Company or Trustee, whichever becomes the successor in title to the
Association. The amount of such Annual Assessment and its due date shall be determined
solely by the Company or the Trustee, as the case may be, but the amount of such Annual
Assessment on any particular Lot or Parcel shall not exceed the amount actually assessed
against that Lot or Parcel in the last year that assessments were levied by the
Association, subject to the adjustments set forth in subparagraph (b) immediately below;
(b) The Maximum Regular Annual Assessment which may be charged
by the Company or Trustee hereunder on any particular Lot or Parcel may be automatically
increased each year by an amount of ten (10%) percent or the percentage increase between
the first and last months of the thirteen (13) month period terminating at the end of the
third (3rd) quarter of the previous assessment year in the Consumer Price
Index, U.S. City Average, All Items (1967-100) (hereafter "C.P.I") issued by the
U.S. Bureau of Labor Statistics in its monthly report entitled "The Consumer Price
Index, U.S. City Average and Selected Areas," whichever of these two (2) percentage
figures is larger. The actual amount of such increase in the Maximum Regular Annual
Assessment on a Lot or Parcel shall equal the Maximum Regular Annual Assessment on such
Lot or Parcel for the previous year multiplied by the larger of the two (2) percentage
factors set forth above. If the C.P.I. is discontinued, then there shall be used the most
similar index published by the United States Government that may be procured indicating
changes in the cost of living.
(c) Any past due Annual Assessment together with interest
thereon at the maximum annual rate allowed by law from the due date and all costs of
collection including reasonable attorney's fees shall be a personal obligation of the
Owner at the time the Annual Assessment became past due, and it shall also constitute and
become a charge and continuing lien on the Lot or Parcel of land and all improvements
thereon, against which the Assessment has been made, in the hands of the then Owner, his
heirs, devisees, personal representatives and assigns.
(d) The Company, or the Trustee, as the case may be, shall be
required to use the funds collected as Annual Assessments for the operation, maintenance,
repair, and upkeep of the Common Properties and Restricted Common Properties. The Company
or Trustee may charge as part of the cost of such functions the reasonable value of its
services in carrying out the duties herein provided. Neither the Company nor the Trustee
shall have the obligations to provide for operation, maintenance, repair, and upkeep of
the Common Properties or Restricted Common Properties once the funds provided by the
Annual Assessment have been exhausted.
(e) The Company shall have the right to convey title to the
Common Properties and Restricted Common Properties, and to assign its rights and duties
hereunder, provided that thetransferee accepts such properties subject to the limitations
and uses imposed hereby and affirmatively acknowledges its acceptance of the duties
imposed hereby.
(f) The Trustee shall have the power to dispose of the Common
Properties and Restricted Common Properties free and clear of the limitations imposed
hereby; provided, however, that such disposition shall first be approved in writing by
fifty-one (51%) percent of the Owners of property within the Properties or in the
alternative shall be found to be in the best interest of the Owners of property within the
Properties by the Circuit Court of Chesterfield County, Virginia. The proceeds of such a
sale shall first be used for the payment of any debts or obligations constituting a lien
on the Common Properties or Restricted Common Properties, then for the payment of any
obligations incurred by the Trustee in the operation, maintenance, repair, and upkeep of
such Properties, then for the payment of any obligations distributed among the Owners of
property within the Properties, exclusive of the Trustees, in a proportion equal to the
portion that the Maximum Regular Annual Assessment on property owned by a particular Owner
bears to the total Maximum Regular Annual Assessments for all property located within the
Properties.
IN WITNESS WHEREOF, the Association and the Company have caused this instrument to be
executed and their seals attached by their duly authorized officers.
Dated this 16th day of September, 1983.
| WOODLAKE COMMUNITY ASSOCIATION, INC. |
By: |
_______________Gary Fenchuk___________ |
|
President |
ATTEST: |
______________________________________ |
|
Secretary
(CORPORATE SEAL) |
INVESTORS WOODLAKE DEVELOPMENT CORPORATION,
a Virginia corporation |
By: |
__________Robert G. Butcher, Jr_________ |
|
President |
ATTEST: |
________Wayne A. Whitham, Jr___________ |
|
Assistant Secretary
(CORPORATE SEAL) |
|