THE STATE OF
COUNTY OF
AMENDMENT TO RESTRICTIONS AND COVENANTS GOVERNING PROPERTY AND LOTS IN QUAL VALLEY, LA QUINTA SECTION, AND ADDITION FORT BEND COUNTY, TEXAS
These amendments are made to the Restrictions and Covenants Governing Property and Lots in
The undersigned individuals being a majority of the owners of lots located in said La Quinta Section agree to appoint certain representatives, and to change said Restrictions and Covenants in the following manner:
1. Pursuant to paragraph B2, in order to prevent the cessation and termination of the authority and duties of the Architectural Control Committee, originally granted in the Restrictions and Covenants, the record owners of a majority of the lots subject thereto do execute this instrument to be filed for record therefore.
Effective January 29, 1991, the persons or their successors, then serving as the Architectural Control Committee are hereby designated as representatives who shall hereinafter exercise the same authority and duties granted to the Architectural Control Committee in Paragraph B2 of the instrument modified hereby. The said authority and duties shall thereafter continue without cessation or termination, unless and until such time as the record owners of a majority of the lots subject hereto shall execute and file for record an instrument altering, modifying, or resending in whole or in part, the provisions, providing for said authority and duties.
2. Pursuant to paragraph B15 and paragraph B16m the prohibition against the maintenance fund’s exceeding $120.00 per lot per year is removed. Effective January 1, 1992, Quail Valley Fund, Inc. is hereby given authority to increase said maintenance charge after consideration of current maintenance costs and the corporation’s future needs, therefore.
Effective January 1, 1992, in the event the amount then assessed is not sufficient to provide the services intended in these Restrictions and Covenants, then the annual assessment may be increased by the Board of Trustees of Quail Valley Fund, Inc. to an amount not to exceed $180.00 per year. Each year thereafter, the assessment may be increased by the Board of Trustees in an amount not to exceed 6% above the previous year’s maintenance charge. However, if the 6% increase is not sufficient t provide the intended services, a simple majority of those voting in an annual meeting and the membership of a special meeting of the members may choose to increase the assessment to a specified amount above the 6%.