ARTICLE X
ANNEXATION
For
so long as Declarant has authority to appoint and remove Directors and Officers of the
Association, additional real property may be annexed to the Property by the Declarant
without the consent of the Class A Members. Such annexation shall be accomplished by
filing in the Office of the Clerk of the Superior court of Cobb County an approved
subdivision plat describing the real property to be annexed to the Property and by
including on such subdivision plat a statement that expressly sets forth the Declarant's
intention to make such annexed real property subject to the provisions of this
Declaration; or filing an amendment to the Declaration which has been consented to by the
owners of the real property to be annexed if such real property is owned by someone other
than Declarant. At the expiration of Declarant's right to appoint and remove Directors and
Officers of the Association, no real property may be annexed to the Property unless such
annexation is approved by a two-thirds (2/3) vote of the Members of the Association who
are present in person or by proxy and voting at a meeting of Members duly held in
accordance with the provisions of the By-Laws of the Association. |