As assurance that required, nonpublic subdivision improvements will be put in place and properly maintained, a homeowners' association shall be formed by the property owner before any lots are sold. Such an association shall establish bylaws and covenants outlining the purpose and organization of the association, and ensure the proper operation of the development. Such articles and covenants shall, among other things, provide:
A. Membership shall be mandatory for each lot owner and any successive buyer.
B. The association will be responsible for liability insurance, local taxes, and the maintenance of recreation and other facilities.
C. The association will be responsible for the operation and maintenance of all private water systems.
D. For an assessment to be levied to each lot owner or association member for the purpose of meeting the costs of operation of the association. Such assessment, if it becomes past due and unpaid, shall become a lien against the property of the delinquent lot owner. (Ord. 01-08-27A, 8-27-2001, eff. 10-8-2001)