Sunday, June 7, 2015

June 7, 2015

Updates to University Heights website:
    • Updated One University Place Page
        • Draft Developer's Agreement In additon to passages marked in RED which are changes from version posted on 5/27/15 are the following changes
          •  Para. 7(d) – the word “ten” in the last line has been deleted and replaced with “five (5)”.  That fixes a typo.
          •  Para 3(r)
            • If the City acquires a commercial condo unit in OUP, the green-space area adjacent to the City-owned unit will be a limited common element, which means the City will control its usage, establish rules and hours, etc. 
            • The agreement has been changed to say that the association (not just the City) will be responsible for maintenance of this limited common element area. So, if it’s grass, the association will pay for mowing, for example. 

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