Official Documents
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Policies, Procedures, Resolutions
INTRODUCTION
The Satellite Apartment Building (the “Satellite”) is a condominium project located at 411 Lakewood Circle, Colorado Springs, El Paso County, Colorado, in Valley Hi Subdivision, Filing No. 3, which is comprised of 241 residential condominium units; 42 small business condominium units; and 5 storage condominium units (hereinafter collectively referred to as the “Units”).
Article VI, Section 3(d) of the Bylaws recorded at Book 2288 Page 356 of the El Paso County records grants to the Board of Directors of the Association of Owners of the Satellite (the “Association” or “Satellite”) the authority to adopt and amend policies that apply to all members of the Satellite (each Unit owner is automatically a member of the Association). This document is intended to be helpful to Satellite owners and residents in understanding some of the policies and procedures adopted by the Satellite.
Satellite has adopted the policies and procedures set forth below, as well as Rules and Regulations (in a separate document), in order to comply with recent statutory requirements. Copies of the governing documents, including the Covenants, Bylaws, and the House Rules are available from the Satellite through its mailing address and web site.
INTRODUCTION
The Satellite Apartment Building (the “Satellite”) is a condominium project located at 411 Lakewood Circle, Colorado Springs, El Paso County, Colorado, in Valley Hi Subdivision, Filing No. 3, which is comprised of 241 residential condominium units; 42 small business condominium units; and 5 storage condominium units (hereinafter collectively referred to as the “Units”).
Article VI, Section 3(d) of the Bylaws recorded at Book 2288 Page 356 of the El Paso County records grants to the Board of Directors of the Association of Owners of the Satellite (the “Association” or “Satellite”) the authority to adopt and amend policies that apply to all members of the Satellite (each Unit owner is automatically a member of the Association). This document is intended to be helpful to Satellite owners and residents in understanding some of the policies and procedures adopted by the Satellite.
Satellite has adopted the policies and procedures set forth below, as well as Rules and Regulations (in a separate document), in order to comply with recent statutory requirements. Copies of the governing documents, including the Covenants, Bylaws, and the House Rules are available from the Satellite through its mailing address and web site.
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