In addition to the general requirements for CC&Rs set forth in this chapter, the following provisions must be contained in CC&Rs for residential condominium conversions:
(A) For the period beginning with the sale of the first unit and continuing for a period of one year after the sale of 50% of the units the developer must fulfill all responsibilities of the association for maintenance of all facilities that may require maintenance during this period. The expiration of this period will not limit or relieve the developer from satisfactory performance of any agreements executed with the city.
(B) The condominium must be managed by a professional manager or management firm for at least the first year following the date of the sale of the first unit.
(Ord. 1169, passed 2-5-07)