FS0078FX proj summary

• Contract/PO #: FS0078FX
• Contractor Name: Blue Lake Homeowners Association
• Contract Type: Loan
• Loan Projects - Doc Type: Project Summary

Blue Lake Owners' Watchdogs
(a committee of concemed Blue Lake homeowners)
11 Badger Court
Carbondale, CO 81623
[phone]
March 23, 1998
Blue Lake Owners' Association
Board of Directors
0189 JW Drive, Suite A
Carbondale CO 81623
VIA CERTIFIED MAIL
P687-292-760
AND TELEFAX
(WITHOUT ATTACHMENTS)
[phone]
re: Breach of Declaration of Covenants, Conditions and Restrictions for Blue Lake
ByLaws of Blue Lake Owners' Association Violations
Articles of Incorporation Violations
Colorado State Statute Violations
To the Board of Directors:
Your letter to the homeowners of Maxch 18, 1998, signed by Peter Delaney, contained the
statement "To the best of our knowledge, the Board of Directors has not and of course will not
take any actions contrary to the Declaration of Covenants, Conditions and Restrictions, By Laws,
Articles, or the vote passed by the homeowners at the December 4, 1997 meeting."
This letter is to notify the Board, for the final time, in writing, (see attached copy of letter from
the Bergquists dated August 4, 1997, containing first notice) of its past and continued violations
of the above referenced, and below quoted, legal documents.
Bv Laws•
Article VII , Section 1. Powers.
"In addition to any requirements set forth in the Declaration and notwithstanding anything to the contrary set forth
herein, the Board of Directors shall not:
(b) unless it has obtained the prior written consent of at least two-thirds (2/3) of all
classes of Members or First Mortgagees of Lots (based upon one vote for each First Mortgage
Owned), (1) by act or omission, seek to abandon, partition, subdivide, encumber, sell or transfer
any common property owned, directly or indirectly, by the Association for the benefit of the
Owners (excluding the granting of easements for public utilities or other purposes consistent with
the intended use of such common property)."
Articles of Incorporation:
Article IV, Purpose and Powers of the Association
"This Association does not contemplate pecuniary gain or profit to the Members thereof, and the specific purposes
for which it is formed are to provide for maintenance, preservation and architectural control of the Lots and
Common Areas"... .. "and to promote the health, safety and welfare of the residents within the Property and any
additions thereto as may hereinafter be brought within the jurisdiction of this Association and for these purposes to:
(d) Bonow money, and with the assent of two-thirds (2/3) of each class of inembers and all First
Mortgagees of Lots, mortgage, pledge, deed in trust or hypothecate any or all of its real or personal
property as security for money borrowed or debts incurred"
CWCB — 3/23/98 - Page 3