The developer of a townhouse project, prior to the recording of the plat or declaration of condominium regime for same, shall furnish the city with a copy of each of the following documents:
(A) A copy of the deed restrictions applicable to all lots or condominium units and common open space in the project.
(B) A copy of the dedication instrument for the subdivision plat or condominium regime.
(C) A copy of the articles of incorporation of a nonprofit home owners association assuring, (along with the dedication instrument required in division (B) above), that all common open space shown on the plat shall be permanently held in common ownership by each original or successive lot or condominium apartment owner through mandatory membership in said association. The association shall have continuing responsibility for the maintenance of all common open space and screening walls for the purposes intended by this subchapter. Such responsibility is to be assured by the annual contribution of each lot or condominium apartment owner to establish a maintenance fund sufficient for such maintenance. The above required documents, upon approval by the City Manager and the City Council, shall be recorded with the County Clerk at the time the plat is recorded.
(Ord. 505, passed 5-17-93)