PD BACKGROUND REPORT (PL-SPP-2022-014)

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ar , 15622 288 and its successor in interest, the Aualalai pares Community Association, and all other roadway lot owners or utilities easement owners or users for any injury or damage suffered by the purchaser or the owner of lots described in Exhibit A, if any, or their permittees or any other persons, arising from the ownership, control, repair, maintenance, or use of the water system, of the roadway or the utilities easement and the roadway lot. A. The holders of all lots in the Hualalai pares Subdivision and all lots described in Exhibit A agree that the board of Directors of the Bualalai pares Community Association shall establish a roadway maintenance fund in an amount agreed to by said Hoard. The pro rate share of said fund shall be an assessment against each lot referred to herein and a lien against each lot. The said assess- ment shall he due and payable within forty-five (43) days alter written demand and payment may be enforced in accordance with the provisions hereinafter set forth. Said fund may be increased or decreased from time to time in the sole discretion of said Board and payment of any ants r*quir••i bocause of an increase in said fund shall be doe and payable and enforceable in the saws manner as the original assessment set forth herein. The roadway maintenance fund provided for herein shall be deemed a 'special assessment' and it shall be in addition to the 'Reqular Annual Assessments' provided for in the by-Laws of the Rualslat Farms Compunity Association. !. The purchaser, together with all other lot pur- chasers in Aualalai Farms Subdivision, shall be meters of the Ruelalai pares Community Association. The Rualalai Farms Costmunity Assn—elation shall be go"rnpA by ay-Lms W be adopted by the Board of Directors of said Assects- f