CONSENT TO ACTION BY THE BOARD OF DIRECTORS OF CASTLEGATE COMMUNITY ASSOCIATION
c/o AAM, LLC
1600 W. BROADWAY ROAD, SUITE 200
TEMPE, ARIZONA 85282
(602) 957-9191
The undersigned, representing a majority of the members of the Board of Directors of Castlegate Community Association, an Arizona non-profit corporation, hereby take the following actions at a duly called meeting of the Board held on January 25, 2021.
WHERAS pursuant to Article 7, Section 7.13 of the Declaration of Covenants, Conditions and Restrictions for Castlegate Community Association (CC&R’s) ‘Each Purchaser of a Lot shall pay to the Association immediately upon becoming the Owner of the Lot a transfer fee in such amount as is established form time to time by the Board to compensate the Association for the administrative cost resulting from the transfer of a Lot.
RESOLVED that the Board of Directors hereby establishes such transfer fee in the amount of $250.00. Such Transfer Fee shall be made payable to Castlegate Community Association and shall be used for maintenance, repair and replacement of the common areas within the Community.
FURTHER RESOLVED such Transfer Fee shall be effective as of February 1, 2021.
IN WITNESS WHEREOF, the undersigned has executed this consent as of this 27th day of
January, 2021.
Edward Fabritis II
President and Director, Board of Directors
Castlegate Community Association