DOCUMENTS

ARTICLES OF INCORPORATION
FOR
PERRY PARK EAST HOMEOWNERS ASSOCIATION, INC.
(A Nonprofit Corporation)
The undersigned, hereby signs and acknowledges, for delivery in duplicate to the Secretary of State of Colorado, these Articles of Incorporation for the purpose of forming a nonprofit corporation under the Colorado Nonprofit Corporation Act.

ARTICLE 1 – Name
The name of the corporation is PERRY PARK EAST HOMEOWNERS ASSOCIATION, INC. ("Association").

ARTICLE 2 – Duration
The duration of the Association shall be perpetual.

ARTICLE 3 – Nonprofit
The Association shall be a nonprofit corporation, without shares of stock.

ARTICLE 4 – Purposes and Powers of Association
The purposes for which the Association if formed are as follows:
(a) To operate the Common Interest Community known as "Perry Park East, Fillings 1 and 2”, located in Douglas County, Colorado, for the purposes of enhancing and preserving the value of the properties of the members.
(b) To perform the following acts and services, in accordance with the requirements for an association of Lot Owners charged with the administration of property under the Colorado Common Interest Ownership Act, as amended, including, without limiting the generality of the foregoing statement:
(i) To enforce any and all covenants, restrictions and agreements applicable to the Common Interest Community; and, insofar as permitted by law, to do any other thing that, in the opinion of the Board, will promote the common benefit and enjoyment of the occupants, residents and Lot Owners of the Common Interest Community.
(ii) The preparation of estimates and budgets of the costs and expenses of rendering any services as deemed appropriate by the Board, and the performance, or contracting or entering into agreements for this performance, as provided for in or contemplated in this Article; the apportionment of these estimated costs and expenses among the Lot Owners: and the collection of these costs and expenses from the Lot Owners who assume or bear the same.
(iii) Enforcing on behalf of the Lot Owner, rules and regulations made or promulgated by the Board with respect to the safe occupancy, reasonable use and enjoyment of the Lots, buildings, structures, grounds and facilities of the Common Interest Community, and to enforce compliance with these rules.
(iv) Performing , or causing to be performed, all other and additional services and acts as are usually performed by an association of owners, or as deemed appropriate by the Board, including, without limitation, keeping or causing to be kept, appropriate books and records, preparing and filing necessary reports and returns, and making or causing to be made audits of books and accounts.
(c) To retain counsel, auditors, accountants, appraisers and other persons or services that may be necessary for or incidental to any of the activities of the Association.
(d) To do and perform, or cause to be performed, all other necessary acts and services suitable or incidental to any of the foregoing purposes and objects to the fullest extent permitted by law.
(e) To promote the health, safety, welfare and common benefit of the residents and occupants of the Common Interest Community.
(f) To eliminate or limit the personal liability of a Director to the Association or to the members for monetary damages for breach of fiduciary duty as a Director, as allowed by law.
(g) To do any and all permitted acts, and to have and to exercise any and all powers, rights and privileges which are granted to a Common Interest Community Association under the Colorado Common Interest Ownership Act, the Declaration, the Bylaws, and the laws applicable to a nonprofit corporation of the State of Colorado.
(h) To participate in mergers and consolidations with other nonprofit corporations organized for the same general purposes of the Association, subject to the written assent of two-thirds of the members of the Association.
The foregoing statements of purpose shall be construed as a statement of both purposes and powers. The purposes and powers stated in each clause shall not be limited or restricted by reference to or inference from the terms or provisions of any other clause, but shall be broadly construed as independent purposes and powers. The Association shall not, except to an insubstantial degree, engage in any activities or exercise any powers that are not in furtherance of the primary purposes of the Association.

ARTICLE 5 – Membership Rights and Qualifications
The classes, rights and qualifications and the manner of election or appointment of member are as follows: Any person who holds record title to a Lot in the Common Interest Community shall be a member of the Association. There shall be one membership for each Lot owned within the Common Interest Community. This membership shall be automatically transferred upon the conveyance of that Lot. The vote to which each membership is entitled is one vote per lot. If a Lot is owned by more than one person, those persons shall agree among themselves how a vote far that Lot's membership is to be cast. Individual co-owners may not cast fractional votes. A vote by a co-owner for the entire Lot's membership interest shall be deemed to be pursuant to a valid proxy, unless another co-owner of the same Lot objects at the time the vote is cast, in which case such membership’s vote shall not be counted.

ARTICLE 6 – Agent for Service
The initial registered agent of the Association shall be Beth Alseike, at the registered address of 8066 Eagle Road, Larkspur, Colorado 80118.

ARTICLE 7 – Executive Board
The initial Executive Board shall consist of three persons, and this number may be changed by a duly adopted amendment to the Bylaws, except that in no event may the number of Directors be less than three. The names and addresses of the persons who shall serve as Directors and their initial Classification until their successors shall be elected and qualified are as follows:

Director
Beth Alseike
8066 Eagle Road
Larkspur, Colorado 80118

Susannah Howell
7983 Eagle Road
Larkspur, Colorado 80118

Patricia Lefebvre
1439 Silverheels Drive
Larkspur, Colorado 80118

ARTICLE 8 – Incorporator
The name and address of the incorporator is as follows:
Barbara K. Purvis
Orten & Hindman, P.C.
1125 17th Street, Suite 2310
Denver, Colorado 80202

ARTICLE 9 – Amendment
Amendment of these Articles shall require the assent of at least two-thirds of the votes in the Association at a meeting of the members at which a quorum is present, (two-thirds of a quorum of the members).

Article 10 – Dissolution
In the event of the dissolution of the Association as a corporation, either voluntarily or involuntarily by the members hereof, by operation of law or otherwise, then the assets of the Association shall be deemed to be owned by the members at the date of dissolution, as a part of their Lot, in proportion to their allocated contribution, unless otherwise agreed or provided by law.

Article 11 – Interpretation
Express reference is hereby made to the terms and provisions of the Declaration, which shall be referred to when necessary to interpret, construe or clarify the provisions of these Articles. In the event of conflict, the terms of the Declaration shall control over these Articles of Incorporation.
In witness whereof, the undersigned has signed these Articles in duplicate this 24 day of March, 1993.
Signed by Barbara K. Purvis

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