Timberwood Village
Home Owners Association

Policy Resolution # 2002-02

Schedule of Fines

WHEREAS Article V of the Bylaws grant the Board of Directors with the power to conduct. Association business and, to protect community harmony by providing guidelines and a procedure to address conditions that disrupt that harmony,

LET IT BE RESOLVED THAT the following Schedule of Fines will be followed:

1.   The Board of Directors (BOD) is authorized to enforce timely assessment payments from owners, compliance with Bylaws and Covenants and other policies enacted in accordance with the governing documents by assessing monetary penalties against owners, their guests, family and tenants who are in violation.

2.   Fines for specific violations

■     ARCHITECTURAL: Structural & Landscaping Cosmetic or Maintenance Violations

      FINE:         $50.00, plus $1 per day per violation

ASSESSED: Beginning on the 61" day after the date of the First BOD written warning notice, and continuing daily until the violation is rectified, and is re-inspected and approved by the BOD.

SUSPENSION: Daily Fines will be suspended when:
a)   The BOD receives a written Appeal from the Owner (See item 3 below) OR
b)   The BOD receives a written request to re-inspect the violation(s) after corrective action has been taken.

RESUMPTION: Daily Fines will resume when:
a)   The BOD decides against the Owner in an Appeal (See item .3 below) OR
b)   A violation fails BOD re-inspection

TERMINATION: Daily Fines will permanently stop when:
a)   The BOD decides for the Owner in an Appeal (See item 3 below) OR
b)   The BOD re-inspects the violation and issues a written approval to the Owner

■     PARKING:

FINE:         $5.00 per occurrence

ASSESSED: For each repeat violation occurring after one written warning from BOD

SUSPENSION: N/A for 'per occurrence' violations. Owner may Appeal (See item 3 below)

RESUMPTION: N/A for 'per occurrence' violations.

■    LOT MAINTENANCE:

      FINE:        $10.00 per occurrence

 ASSESSED: For each repeat violation occurring after one written warning from BOD

 SUSPENSION: N/A for 'per occurrence' violations. Owner may Appeal (See item 3 below)

 RESUMPTION: N/A for 'per occurrence' violations.

 ■     EXCESSIVE NOISE:

       FINE:        $50.00 per occurrence

ASSESSED: For each repeat violation occurring after one written warning from BOD

SUSPENSION: N/A for 'per occurrence' violations. Owner may Appeal (See item 3 below)

RESUMPTION: N/A for 'per occurrence' violations.

 ■     PETS

       FINE:        $10.00 per occurrence

ASSESSED: For each repeat violation occurring after one written warning from BOD

SUSPENSION: N/A for 'per occurrence' violations. Owner may Appeal (See item 3 below)

RESUMPTION: N/A for 'per occurrence' violations

 3.   Billing and Payment of Fines:
       ■     All fines will be billed monthly and are due and payable within 7 days of invoice date.
       ■     Interest charges: See Collection Policy # 2002-01
       ■     Collection Policy: See Collection Policy # 2002-01
       ■     Late Payments: See Collection Policy # 2002-01
       ■     Non-Sufficient Funds Checks: See Collection Policy # 2002-01

 4.   Appeal Process for Fines

Any Owner receiving a fine, who believes no violation has occurred, may submit a written explanation to the Board of Directors (BOD).

Upon the BOD's receipt of written Appeal from the Owner, the BOD will suspend the assessment of additional "daily fines" for the Architectural violation in Appeal.

Fines classified as 'per occurrence' fines are not subject to suspension and repeat violations will result in additional fines if a like violation is under appeal.

All unpaid 'daily' and 'per occurrence' fines that have been assessed prior to the date of the Owner's written appeal, remain the responsibility of the Owner and will continue to accrue interest and late fees until paid in full.

The BOD will review the Appeal and will make a determination regarding the violation in question. The BOD will notify the Owner of their decision within 30 days of the receipt of Appeal.

Should the BOD determine that is no violation (for the Owner), written notification will be provided to the Owner, and all fines and fees previously paid for this violation will be refunded to the Owner.

Should the BOD determine that there is a violation (against the Owner), written notification will be provided to the Owner and the assessment of fmes will resume as of the date of this notification. The fines will continue to be assessed until the violation is remedied and approved by the BOD.

Recorded in the Book of Minutes:

Signed: October 24, 2002

Dawn Bridge
President, Board of Directors
Timberwood Village Home Owners Association

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