Any developer of a new condominium development as well as any developer of a rental apartment complex converted to condominiums shall provide written disclosure to the purchaser of a "condominium unit" (as defined in the condominium property act), prior to entering into a contract for the sale of that condominium unit, of the following information:
A. The total number of parking spaces on the condominium property.
B. The total number of parking spaces mandated on the condominium property by ordinance.
C. The total number of parking spaces included in the purchase of the condominium unit.
D. The total number of spaces for shared use by condominium owners.
E. The total number of condominium parking spaces that will be exclusively set aside for guest parking.
F. The ratio of parking spaces available for private ownership to the total number of condominium units offered for sale.
G. The off street parking requirements of the village prohibiting all off street parking between two o'clock (2:00) A.M. and five o'clock (5:00) A.M. daily.
H. Restrictions, if any, on parking vehicles in the private guest parking areas of adjacent subdivisions where those guest parking spaces are specifically restricted to owners of property in those subdivisions or their guests.
I. Notice of IEPA noise guidelines that may pertain to noise generated at the condominium property line from externally mounted heating and air conditioning units on the condominium building. (Ord. 2002-20, 6-3-2002)