Design Principles definition
Examples of Design Principles in a sentence
The Districts acknowledge that general administration of the Design Principles is assigned by the Declaration to the Design Review Committee (“DRC”), as such committee is more particularly described in the Declaration and Covenant Enforcement Rules and Regulations.
On behalf of the Districts, the CAB shall be charged with promulgating, amending and revising from time to time the Design Principles and promulgating additional and/or supplemental design guidelines (including with respect to specific portions of the Sterling Ranch property) as authorized by the Declaration.
By way of illustration, revenue furnished for the administration of the Declaration, the Design Principles and the Covenant Enforcement Rules and Regulations within the boundaries of Sterling Ranch Metropolitan District No. 2 shall be derived from within the boundaries of Sterling Ranch Metropolitan District No. 2 or from within a smaller sub-set of such boundaries to the extent such sub-set is the sole recipient of the Covenant Enforcement Services provided.
The Districts acknowledge that the initial Design Principles and Covenant Enforcement Rules and Regulations have been promulgated and adopted by the Boards of Directors of the CAB.
The Districts agree and acknowledge that at any time during the term of the CABEA the CAB may engage one or more third party independent contractors to carry out and enforce all or a portion of the provisions of the Declaration, the Design Principles, the Covenant Enforcement Rules and Regulations and any supplemental documents and agreements related to the provision of the Covenant Enforcement Services.
During the term of the CABEA, the Districts hereby assign to the CAB all duties, rights and obligations delegated to the Districts by the Declaration, Design Principles, and Covenant Enforcement Rules and Regulations, all as may be amended, with respect to the Covenant Enforcement Services.