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HomeMy WebLinkAboutRC 9210161661 ' , ' ' � FP-045-92, Young Plat � • . ' . WHEN RECORDED RETURN TO: Office r,f the City Clerk r � Renton Municipal Building �� 200 Mill Avenue South ; Renton,VJA 98055 m �. � DECLARATION OF COVENANTS ^� C} �} T Y �C z � THIS INDENTURE and declaration of covenants running with the land made this lOth day of a September, 1992, by WOODLAND INVESTMENT CORPORATION, hereinafter known as -� "Declarant". � �, � r;� V1 WHEREAS, Declarant is the owner of the following real property in the City of Renton, � County of King, State of Washington, described as follows: " � _, �. That portion of the Southeast quarter of the Northeast quarter of the Southeast quarter of Section 4, Township 23 North, Range 5 East, W.M., in King Coiinty, Washington, described �. as follows: � �, � ,� Beginning at the Southeast corner of the Southeast quarter of the Northeast quarter of the -- Southeast quarter, said section, thence Nor[h 88° 09' 3?" West 30 feet to the point of `'� beginning; thence North 0°59' 25" East 185.00 feet; thence Nortl� 89° 26' 32" West 400.10 O feet; thence North 88'09' 32" West 84.77 feet; thence South 0°59' 25" West 176.00 feet; � thence South 88' 09' 32" East 484.77 feet, to the point of beginning, together with and subject � to easements of record. WHEREAS, the owner of said describe�l property ciesires to impose the following restrictive covenants running with the land as to use, present and future, of the above described real property. NOW, THEREFORE, Declarant hereby establishes, grants and imposes restrictions and covenants running with the land herein above described with respect to the use by the undersigned, their successors, heirs, and assigns as follows: Page 1 DECLARATION OF COVENANTS (Cont.) MEMBERSHIP. Each owner of a Lot in the Project (including Declarant) shall be a member of the Young Addition Homeowners Association and shall be entitled to one membership for each Lot so owned; provided, that if a Lot has been sold on contract, the contract purchaser shall exercise the rights of the Owner for purposes of the Association, this Declaration and the Bylaws, except as hereinafter limited, and shall be the voting representative unless otherwise specified. Ownership of a Lot shall be the sole quali�cation for membership in the Association. MAINTENANCE AND REPAIR OF COMMON AREA. The Homeowners Association shall „_ pay for the costs of painting, maintenance, repair and all landscaping and gardening work for � the Common Area and improvements located thereon so as to keep the property in a good, clean, attractive, sanitary and safe condition and in full compliance with applicable � governmental laws, rules and regulations and the provisions of this Declaration; of replacing, p repairing and painting both sides of any fence constructed on the perimeter boundary of the N Project; and to permit the City of Renton to enter onto the site for maintenance if the �T Homeowners Association fails in that tasl:, with the financial responsibility to be borne by the Association. Page 2 DECLARATION OF COVENANTS (Cont.) DURATION. These covenants shall run with the land and expire on December 31, 2025. If as any time improvements are installed pursuant to these covenants, the portion of the covenants pertaining to the specific installed improvements as required by the Ordinances of the City of Renton shall terminate without necessity of further documentation. Any violation or breach of these restrictive covenants may be enforced by proper legal procedures in the Superior Court of King County by either the City of Renton or any property owners adjoining subject property who are adversely affected by said breach. IN WITNESS WHEREOF, Declarant has executed this Declaration on the tenth day of September, 1992. �� C��1��.�� Joh . Krehbiel, President W ODLAND INVESTMENT CORPORATION State of Washington � ss. `D County of King � 0 On this �� day of ��e� 1992, before me personally appeared the person who N executed the within and foregoing instrument, and acknowledged said instrument to be the free , � and voluntary act and deed of said person for the uses and purposes therein mentioned. IN WITNESS THEREOF, I have hereunto set my hand and affixed by official seal the day and year �rst above written. � Notary Public in and for t11e State of Washington, residing at �-�-��- S i gn atu re c e�G�,"��/L�v�--i�..,,�.�.,, - - My appointment expires � �� ��h a Page 3 �XHIBIT A LEQAL DESCRLPTZON dF YUUNG AUL'1'i'lUN • That poarti�n r,f rhe:Sontheas�quarter of tlze Northeast quarter nf thc Southeast quarter r�f Sect�on 4.TOw�ship 2� Nnrth,Ran�e 5 East, W.M., in Kin; Cuu«ty, v�a�hln�an.descn'bed a�iol�ows: - Ee�ir�nin�at cI��Soucticasc corner of thc Sautheasc c�usr�F of tlle NOPtb82St �I c�s�arier af rhe Sou.th2zst quarter, said secrion,thcace Nor�F► 88° Q9' 32" West . 30 fee[to the poiA[of l�eginning;theuce North 0°59' ZS" F.,�st 1$5.04 fcct; - . . CI►cucc Nurth $9°26' 32" West 400.1�teei:thence North RR°Q9' 32" West � I 34.7"7 fcct; th�rtca Sourh Q 59' 25"Wcat 176.00 Peet; thenee SouCh 88'Uy' 32" I East 48�.7�faec,co the point of bc��innin�, cogcchcr with a��d subjec;t to � easem�nTs of reco=d. � I � � �... �D �.O .0 C� N t?` FILED S7A7F�1F WACNINfiTdN 0 C T t 3 1992 RALPH MUNRO SECRETARY OF STATF (�0 I �� � g � 9 ARTICLES OF INCORPORATION OF YOUNG ADDITION HOMEOWNERS ASSOCIATION (A Washington Mutual Corporation) RNOW ALL MEN BY THESE PRESENTS: That the undersigned, being of legal age, and having resolved to form a corporation under and by virtue of the MISCELLANEOUS AND MUTUAL CORPORATION ACT, Chapter 24 . 06 RCW, does hereby sign the following Articles of Incorporation and state as follows: ARTICLE I � The name of the corporation is YOUNG ADDITION HOMEOWNERS �.0 .�p ASSOCIATION (A Washington Mutual Corporation) . � ARTICLE II N tT The corporation is to have perpetual existence. ARTICLE III The corporation is organized for the purpose of maintaining the common areas of the Young Addition development (the "Project" ) , obtaining water, sewage, garbagz, and other utility services as required for the common areas, securing insurance, maintenance and repair of the common areas , and doing all other things necessary in furtheranc� thereof. The - 1 - . r corporation, in addition, shall have all general powers authorized by RCW 24 .06 .030 . ARTICLE IV A. Membership. 1. Each owner of a lot in the Project, including Woodland Investment Corporation ( "Declarant" ) shall be a member of the Association and shall be entitled to one membership for each lot so owned; provided, if a lot has been sold on contract, the contract purchaser shall exercise the rights of _. the owner for purposes of the Association and shall be the � �O voting representative unless otherwise specified. Ownership of � a lot shall be the sole qualification for membership in the O N Association. s 2 . Th� Association membership of each owner (including Declarant) shall be appurtenant to the lot giving rise to such membership , and shall not be assigned , transferred, pledged, hypothecated, conveyed, or alienated in ' any way, except upon the transfer of title to said lot, and then only to the transferee of title to such lot. Any attempt to make a prohibited transfer shall be void. Any transfer of title to a lot shall operate automatically to transfer the membership in the Association appurtenant thereto to the new owner thereof. - 2 - . r B. VotinQ. l. The Association shall have two classes of voting membership: (a) Class A members shall be all owners except the Declarant. Class A members shall be entitled to one vote for each lot owned. (b) The Class B member shall be the Declarant which shall be entitled to three votes for each lot owned. The Class B membership shall cease and be converted to Class A membership on the happening of the first of the following — events: �D `D (i) When the total votes outstanding in the � 0 Class A membership equal the total votes outstanding in the N Class B membership; or �T (ii) The date on which Declarant elects to permanently relinquish all of its authority to manage the development. 2 . In determining whether any given proposition shall have been approved by the membership, the total number of Class A and Class B votes shall be combined and the appropriate percentage applied against that combined number. 3 . The Bylaws of the Association may contain other provisions for voting not inconsistent herewith. - 3 - . � ARTICLE V The corporation shall. not hav� �tock. ARTICLE VI Upon dissolution or final liquidation, assets and surplus funds shall be distributed to members pro rata. ARTICLE VII These Articles of Incorporation may be amended from time to time at either a regular or special meeting of the members, so long as each member shall have been sent thirty (30) days' prior written notice of the meeting which shall set forth any proposed amendment. — ARTICLE VIII �D `� The address of the corporation's initial registered agent � and the initial registered agent at that address is: O N John Krehbiel �T 20505 lllth Avenue S.E. Snohomish, WA 98290 ARTICLE IX Initially there shall be three ( 3 ) directors of the corporation. Their names and post office addresses are as follows: John Krehbiel 20505 lllth Avenue S.E. Snohomish, WA 98290 - 4 - . ' � . . . Karen R. Krehbiel 20505 lllth Avenue S.E. Snohamish, WA 98Z90 David L. Frey 13511 121st N.E. Kirkland, WA 98034 ARTICLE X ' There shall be no personal liability of a Director to the corporation or its members for monetary damage for conduct as a Director, except for acts or omissions that involve intentional misconduct or a knowing violation of law, or for any � transaction from which any Director will personally receive a �D � benefit in money, property or services to which the Director is p not legally entitled. � ARTICLE XI l7'� The name and post office address of the incorporator of the corporation is: John Krehbiel . p,a.ao �C Zz S�7 Snohomish, WA 98290 WoodcMv�l�P, W✓�- a$a72 IN WITNESS WHEREOF, the incorporator has hereunto set his R hand this ��'�day of September, 1992 . J KREHB EL - 5 -