Orange County NC Website
012 <br /> 1Vlaintanerce <br /> Lockridge Community Association 5 5 <br /> unit PLAN ING ���--11 <br /> When a new member of the community CCU <br /> purchases or is granted a site at Lockridge, he (� 0"'I <br /> or she will automatically become a member of 440 �j bL <br /> the 'Lockridge Community Association. The <br /> purpose of the Association is to maintain the I nd the facilities held in common, and to I hi'°i <br /> land and �r <br /> plan and to implement change. The r <br /> constitution of the Association will outline t.,. r, <br /> restrictions on use of the property, for <br /> IMAINTENANCE :)esthetic and ecological reasons, and also define responsibilities for joint maintenance of roads and utilities. Besides the physical ---_—, � <br /> constraints placed on the site (slope and soil), THE wax.IATIOH 6 Itivoulep IN <br /> no restrictions will be stipulated for house ALL TI,IREE STACIE'S Of COP+itiAiMiTY iNgRl <br /> size, design, or price, or on the DEVELOPMENT <br /> non-commercial use of the site. <br /> The Lockridge Association, through its Costs INN <br /> elected officers, will serve as the governing <br /> body of the community. The association will Costs reflect money needed to meet the <br /> plan and provide for capital improvements on remaining payments on the land. $7500—full <br /> the property, and organize recreational and partner, $2500 — down payment.The remain- <br /> social activities. As we intend to be a ing installment payments up to five years have <br /> community in fact, as well as in name, the no interest, and after five years they have the ____ <br /> association will facilitate communication, same interest as a mortgage. The partnership <br /> understanding, and celebration among the will dissolve after the final payments on the — _ <br /> membership. land. The$7500 includes: <br /> roads <br /> The responsibility for ensuring a quality utility lines <br /> community will belong to the Lockridge partnership legal fees _.+: <br /> Community Association. Residents of Lockridge survey costs <br /> Lockridge will, as a result, have the wells <br /> opportunity to control the progress and <br /> development of their community, in a manner It does not include: <br /> which they conceive best in line with their individual site surveying <br /> goals and objectives. individual utility hookups <br /> installation and maintenance of septic system <br /> HOUSING TREES i FOREST ANIM <br /> MilE <br /> ME <br /> GARPEN,D14C; ARP . PHI'S/CAL EieMEMTS Cr 7116 RENTAL UNI`�5 4 1IiNevARP COMMUNITY <br /> CoMMOrtLTY PAS�UI�E .-_ <br /> FACILITIES -. <br />