The undersigned person does hereby form a non-stock, non-profit corporation (the “Association”) under the provisions of Chapter 10 of Title 13.1 of the 1950 Code of Virginia, as amended, and to that end sets forth the following:
1. The name of the corporation is Shelter Lakes, Inc.
2. The purposes for which the corporation is organized are:
To provide for the preservation and enhancement of the value, attractiveness and desirability of the development to be known as SHELTER LAKES, and for the maintenance and the administration of the community property, as set forth in the deeds of dedication (the “Deeds”) and the Declaration of Covenants, Conditions, Restrictions and Reservations of Shelter Lakes (the “Declaration”) and amendments thereto, to be recorded among the land records of Prince William County, Virginia.
To administer and enforce the covenants and restrictions to which the development will be subjected by the Declaration.
To collect and disburse the assessments and charges created by the Declaration.
To promote the recreation, health, safety and welfare of the residents in the development.
To maintain and improve any common areas as set forth in the Deeds and the Declaration, including any easements, rights of way, entrance signs or other facilities belonging to the Association.
To employ contractors, servants, agents and laborers as the Association may deem necessary to the exercise of its duties, responsibilities, obligations and privileges granted to it.
To establish capital reserves for future anticipated capital expenditures.
To obtain liability insurance and other types of insurance as may be deemed necessary by the Association.
To undertake, discharge and perform its duties, responsibilities and obligations created and established by the Declaration.
To pay real estate taxes and other charges and expenses related to any common areas owned by the Association.
