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HomeMy WebLinkAboutSW8050109_Current Permit_20050223OF W ATF R Michael F. Easley, Governor William G. Ross, Jr., Secretary North Carolina Department of Environment and Natural Resources 0 '< Alan W. Klimek, P.E. Director r r Division of Water Quality February 23, 2005 Mr. Richard A. Farrington, Jr. Member Manager Cedar Point Associates, LLC 9816 Clarendon Drive Emerald Isle, NC 28594 Subject: Permit No. SW8 050109 The Village at Magens Bay Low Density Stormwater Project Carteret County Dear Mr. Farrington: The Wilmington Regional Office received a complete Stormwater Management Permit Application for The Village at Magens Bay on February 22, 2005. Staff review of the plans and specifications has determined that the project, as proposed, will comply with the Stormwater Regulations set forth in Title 15A NCAC 2H.1000. We are forwarding Permit No. SW8 050109 dated February 23, 2005, for the construction of the subject project. This permit shall be effective from the date of issuance until rescinded and shall be subject to the conditions and limitations as specified therein, and does not supersede any other agency permit that may be required. If any parts, requirements, or limitations contained in this permit are unacceptable, you have the right to request an adjudicatory hearing upon written request within thirty (30) days following receipt of this permit. This request must be in the form of a written petition, conforming to Chapter 150B of the North Carolina General Statutes, and filed with the Office of Administrative Hearings, P.O. Drawer 27447, Raleigh, NC 27611 -7447. Unless such demands are made this permit shall be final and binding. If you have any questions, or need additional information concerning this matter, please contact either Paul Bartlett or me at (910) 395-3900. Sincerely, Ed Beck Acting Regional Supervisor Surface Water Protection Section ENBlptb: S:1WQSISTORMWATIPERMIT1050109 CC" Timothy M. Stewart, P.E., Parker & Associates, Inc. Katrina Marshall, Carteret County Inspections Paul T. Bartlett, P.E. Wilmington Regional Office Central Files Norm Carolina Division of Water Quality 127 Cardinal Drive Extension Wilmington Regional Office Wilmington, NC 28405-3845 An Equal Opportunity/Affirmative Action Employer— 50% Recycled110% Post Consumer Paper Phone (910) 395-3900 Customer Service 1-877-623-6748 FAX (910) 350-2004 Internet: h2o.enr.state.nc.us 1VOTf.)i1CaY'O11I11 ,Vaturallu State Stormwater Management Systems Permit Number SW8 050109 STATE OF NORTH CAROLINA DEPARTMENT OF ENVIRONMENT AND NATURAL RESOURCES DIVISION OF WATER QUALITY S T A T E STORMWATER MANAGEMENT PERMIT LOW DENSITY DEVELOPMENT In accordance with the provisions of Article 21 of Chapter 143, General Statutes of North Carolina as amended, and other applicable Laws, Rules and Regulations PERMISSION IS HEREBY GRANTED TO Richard A. Farrington, Jr. and Cedar Point Associates, LLC The Village at Magens Bay Carteret County FOR THE construction, operation and maintenance of a low density development in compliance with the provisions of 15A NCAC 2H .1000 (hereafter referred to as the "stormwater rules') and the approved stormwater management plans and specifications, and other supporting data as attached and on file with and approved by the Division of Water Quality and considered a part of this permit. The Permit shall be effective from the date of issuance until rescinded and shall be subject to the following specific conditions and limitations: I. DESIGN STANDARDS 1. This permit covers the construction of 87,722 square feet of built -upon area. 2. The overall tract built -upon area percentage for the project must be maintained at 25%, as required by Section .1005 of the stormwater rules. 3. Approved plans and specifications for projects covered by this permit are incorporated by reference and are enforceable parts of the permit. 4. The only runoff conveyance systems allowed will be vegetated conveyances such as swales with minimum side slopes of 3:1 (H:V) as defined in the stormwater rules and approved by the Division. 5. No piping is allowed except that minimum amount necessary to direct runoff beneath an impervious surface such as a road or to provide access. 6. Unless specified elsewhere, permanent seeding requirements for the swales must follow the guidelines established in the North Carolina Erosion and Sediment Control Planning and Design Manual. 7. Roof drains must terminate at least 30' from the Mean High Water line. Page 2 of 5 State Stormwater Management Systems Permit Number SW8 050109 II. SCHEDULE OF COMPLIANCE 1. Projects covered by this permit will maintain a minimum 30 foot wide vegetative buffer beLV een all Imper vious areas and sul— ace Waters. 2. The permittee is responsible for verifying that the proposed built -upon area does not exceed the allowable built -upon area. 3. The Director may notify the permittee when the permitted site does not meet one or more of.the minimum requirements of the permit. Within the time frame specified in the notice, the permittee shall submit a written time schedule to the Director for modifying the site to meet minimum requirements. The permittee shall provide copies of revised plans and certification in writing to the Director that the changes have been made. 4. Prior to the sale of this project, in whole or in part, the following deed restrictions must be recorded with the Office of the Register of Deeds: a. The following covenants are intended to ensure ongoing compliance with State Stormwater Management Permit Number SW8 050109, as issued by the Division of Water Quality under NCAC 2H.1000. b. The State of North Carolina is made a beneficiary of these covenants to the extent necessary to maintain compliance with the Stormwater Management Permit. C. These covenants are to run with the land and be binding on all persons and parties claiming under them. d. The covenants pertaining to stormwater may not be altered or rescinded without the express written consent of the State of North Carolina, Division of Water Quality. e. Alteration of the drainage as shown on the approved plans may not take place without the concurrence of the Division of Water Quality. f. Construction of additional built -upon area in excess of 87,722 square feet will require a permit modification. g. Construction of additional impervious areas such that low density requirements are no longer met must be submitted to DWQ and a permit modification must be issued prior to construction. An engineered system will be required to collect and treat the runoff from all built -upon area associated with the project, including that area permitted under the low density option. h. Filling in or piping of any vegetative conveyances (ditches, swales, etc.) associated with this development, except for average driveway crossings, is strictly prohibited by any persons. i. A minimum 30' wide vegetated buffer area shall be provided between surface waters and all impervious surfaces. 5. A copy of the recorded restrictions must be received in this Office within 30 days of the date of sale. Page 3 of 5 State Stormwater Management Systems Permit Number SW8 050109 6. Filling in or piping of any vegetative conveyances (ditches, swales, etc.) associated with the permitted development, except for average driveway crossings, is strictly prof URed by any persons. 7. The permittee shall submit to the Director and shall have received approval for revised plans, specifications, and calculations prior to construction, for any modification to the approved plans, including, but not limited to, those listed below: a. Any revision to the approved plans, regardless of size. b. Project name change. C. Transfer of ownership. d. Redesign or addition to the approved amount of built -upon area. e. Further subdivision, acquisition, or sale of the project area. The project area is defined as all property owned by the permittee, for which Sedimentation and Erosion Control Plan approval was sought. f. Filling in, altering or piping any vegetative conveyance shown on the approved plan. 8. Swales and other vegetated conveyances shall be constructed in their entirety, vegetated, and be operational for their intended use prior to the construction of any built -upon surface. 9. During construction, erosion shall be kept to a minimum and any eroded areas of the swales or other vegetated conveyances will be repaired immediately. 10. The permittee shall at all times provide the operation and maintenance necessary to operate the permitted stormwater management systems at optimum efficiency to include: a. Inspections b Sediment removal. C. Mowing, and revegetating of the side slopes. d. Immediate repair of eroded areas. e. Maintenance of side slopes in accordance with approved plans and specifications. 11. Within 30 days of completion of the project, the permittee shall certify in writing that the project has been constructed in accordance with the approved plans. 12. T he permittee shall submit all information requested by the Director or his representative within the time frame specified in the written information request. III. GENERAL CONDITIONS 1. Failure to abide by the conditions and limitations contained in this permit may subject the Permittee to an enforcement action by the Division of Water Quality, in accordance with North Carolina General Statutes 143-215.6A to 143-215.6C. 2. The permit issued shall continue in force and effect until revoked or terminated. 3. The permit may be modified, revoked and reissued or terminated for cause. The filing of a request for a permit modification, revocation and reissuance, or termination does not stay any permit condition. Page 4of5 State Stormwater Management Systems Permit Number SW8 050109 4. The issuance of this permit does not prohibit the Director from reopening and modifying the permit, revoking and reissuing the permit, or terminating the permit as allowed by 'Ilaves, rules, and regulations contained in Title 15A of the North Carolina Administrative Code, Subchapter 2H.1000; and North Carolina General Statute 143-215.1 et. al. 5. This permit is not iransferabie except after notice to and approval by the Director. The Director may require modification or revocation and reissuance of the permit to change the name and incorporate such other requirements as may be necessary. A formal permit request must be submitted to the Division of Water Quality accompanied by the appropriate fee, documentation from both parties involved, and other supporting materials as may be appropriate. The approval of this request will be considered on its merits, and may or may not be approved. The permittee is responsible for compliance with all permit conditions until the Director approves the transfer. 6. The permittee grants permission to DENR Staff to enter the property for the purpose of inspecting all components of the stormwater management facility. 7. The permittee shall notify the Division of any name, ownership or mailing address changes within 30 days. 8. The issuance of this permit does not preclude the Permittee from complying with any and all statutes, rules, regulations, or ordinances which may be imposed by other government agencies (local, state and federal) which have jurisdiction. Permit issued this the 23rd day of February 2005 NORTH CAROLINA ENVIRONMENTAL MANAGEMENT COMMISSION -------------------------------------- Alan W. Klimek, P.E., Director Division of Water Quality By Authority of the Environmental Management Commission Permit Number SW8 050109 Page 5 of 5 Fee Paid of North Carolina Department of Environment and Natural Resources Division of Water Quality STORMWATER MANAGEMENT PERMIT APPLICATION FORM This form may be photocopied for use as an original I. GENERAL INFORMATION 1. Applicants name (specify the name of the corporation, individual, etc. who owns the project): Cedar Point Associates, LLC 2. Print Owner/Si Official's name and title (person legally responsible for facility and compliance): Richard A. Farg rington, Jr., Member Manager 3. Mailing Address for person listed in item 2 above: 9816 Clarendon Drive l Emerald Ise City; State: NC gyp; 28594 Telephone Number: ( 252 354-5383 4. Project Name (subdivision, facility, or establishment name - should be consistent -with project name on plans, specifications, letters, operation and maintenance agreements, etc.): The Village at Magens Bay 5. Location of Project (street address): NC Hwy 24 City: Cedar Point Co Carteret County 6. Directions to project (from nearest major intersection): From the intersection Hwy 24 and NC 58, take Hwy 24 West 0.35 miles, project Is on the Southside of Hwy. N 340 41' 09" W 770 04' 28" Latitude: Longitude: of project 8. Contact person who can answer questions about the project: Name: Timothy M. Stewart, P.E. 910 455-2414 Telephone Number: II. PERMIT INFORMATION: 1. Specify whether project is (check one): X New Renewal Modification Form SWU-101 Version 3.99 Page 1 of 4 2. If this application is being submitted as the result of a renewal or modification to an existing permit, list the existing permit number and its issue date (if known) 3. Specify the type of project (check one): X Low Density High Density Redevelop. General Permit Other 4. Additional Project Requirements (check applicable blanks): _CAMA Major X. Sedimentation/Erosion Control • _404/401 Permit . _NPDES •Stormwater Information on required state permits can be obtained by contacting the Customer -Service Center at 1-877-623-6748. III. PROJECT INFORMATION L. In the space provided -below., summarize.how-stormwater will be. treated.- -Also attach. a.detailed:narrative (one to two pages) .describing stormwater management for the project. Stormwater sheet runoff will be treated through 5:1 grassed outlet swales 2. Stormwater runoff from this project drains to the White Oak Rives' basin. . 3. Total Project Area: 8.4 acres 4. Project Built Upon Area: 24.0 % 1 5. How many drainage areas does the project have? 6. Complete the following information for each drainage area. If there are -more than two drainage areas in -the project, attach -an additional sheet with the information for each area provided in the-same•format as below. UT to Boathouse Creek Receiving Stream Name Receiving Stream Class SA HQW Drainage Area - 8.4 Acres Existing Impervious" Area 0 Proposed Impervious'Area 87,722 SF % Impervious" Area (total) 24.0 % Drn : safes Al - On -site Buildings 41,994 SF On -site Streets 0 On -site Parking 45,728 SF On -site Sidewalks 0 Other on -site 0 Off -site 0 Total: 87,722 SF Total: Impervious area is defined as the built upon area including, but not limited to, buildings, roads, parking areas, sidewalks, gravel areas, etc. Form SWU-101 Version 3.99 Page 2 of 4 7. How was the off -site impervious area listed above derived? IV. DEED RESTRICTIONS AND PROTECTIVE COVENANTS The following italicized deed restrictions and protective covenants are required to be recorded for all .subdivisions, outparcels and future development prior to the sale of any lot. If lot sizes vary significantly, a table listing each lot number, size and the allowable built -upon area for each lot must be provided as an attachment. 1. The following covenants are intended to -ensure ongoing compliance withstate stormwater management permit number as issued by the Division of Water Quality. These covenants may not be changed or deleted without the consent of the State. 2. No more than n/a square feet of any lot shall be covered by structures or impervious materials. Impervious materials include asphalt, gravel, concrete, brick, stone, slate or similar material but do not include wood decking or the water surface of swimming pools. 3. Swales shall not be filled in, piped, or altered except as necessary to provide driveway crossings. 4.. Built -upon area in excess of the permitted amount requires a state stormwater management permit modification prior to construction. 5. All permitted runofffrom outparcels or future development shall be directed into the permitted stormwaier control system. These connections to the stormwater control system shall be performed in a manner that maintains the integrity and performance of the system as permitted. By your signature below, you certify that the recorded deed restrictions and protective covenants for this project shall include all the applicable items required above, that the covenants will be binding on all parties and persons claiming under them, that they will run with the land, that the required covenants cannot be changed or deleted without concurrence from the State, and that they will be recorded prior to the sale of any lot. V. SUPPLEMENT FORMS The applicable state stormwater management permit supplement form(s) listed below must be submitted for each BMP specified for this project. Contact the Stormwater and General Permits Unit at (919) 733-5083 for the status and availability of these forms. Form SWU-102 Wet Detention Basin Supplement Form SWU-103 Infiltration Basin Supplement Form SWU-104 Low Density Supplement Form SWU-105 Curb Outlet System Supplement Form SWU-106 Off -Site System Supplement Form SWU-107 Underground Infiltration Trench Supplement Form SWU-108 Neuse River Basin Supplement Form SWU-109 Innovative Best Management Practice Supplement Form SWU-101 Version 3.99 Page 3 of 4 VI. SUBMITTAL REQUIREMENTS Only complete application packages will be accepted and reviewed by the Division of Water Quality (DWQ). A complete package includes all of the items listed below. The complete application package should be submitted to the appropriate DWQ Regional Office. 1. Please indicate that you have provided the following required information by initialing in the space provided next to each item. • Original and one copy of the Stormwater Management Permit Application Form • One copy of the applicable Supplement Form(s) for each BMP • Permit application processing fee of $420 (payable to NCDENR) • Detailed narrative description of stormwater treatment/management • Two copies of plans and specifications, including: - Development/Project name - Engineer and firm -Legend - North arrow - Scale - Revision number & date Mean high water line - Dimensioned property/project boundary Location map with named streets or NCSR numbers - Original contours, proposed contours, spot elevations, finished floor elevations - Details of roads, drainage features, collection systems, and stormwater control measures - Wetlands delineated, or a note on plans that none exist - Existing drainage (including off -site), drainage easements, pipe sizes, runoff calculations - Drainage areas delineated - Vegetated buffers (where required) VII. AGENT AUTHORIZATION If you wish to designate authority to another individual or firm so that they may provide information on your behalf, please complete this section. Designated agent (individual or firm); PARKER & ASSOCIATES, INC- Mailing Address: P.O. BOX 976 City: JACKSONVILLE State: NC Zip: 28541 Phone: ( 910 )455 - 2414 Fax: ( 910 ) 455 - 3441 VIII. APPLICANT'S CERTIFICATION I, (print or type name of person listed in General Information, item 2) I C h Q Ir A a r f i 6ai n �. certify that the information included on this permit application form is, to the best of my knowled , correct and that the project will be constructed in conformance with the approved plans, that the required deed restrictions and protective coyenalits will be reco ed, and t at the proposed project complies with the requirements of 15A NCAC 2H .1 / �, �....... e. Date: r � s` d Form SWU-101 Version 3.99 Page 4 of 4 rl Permit No.� 8 0 5—(9 (to be provided by DWQ) State of North Carolina �11D1D5- P/,%— Department of Environment and Natural Resources Division of Water Quality STOP. v';A ER MANAGEMENT PERMIT APPLICATION FORM LOW DENSITY SUPPLEMENT This form may be p&twopied for use as an original A low density project is one that meets the appropriate criteria for built upon area and transports stormwater runoff primarily through vegetated conveyances. Low density projects should not have a discrete stormwater collection system as defined by 15A NCAC 2H .1002(18). Low density requirements and density factors can be found in 15A NCAC 2H .1005 through .1007. L PROJECT INFORMATION Project Name: The Village at Magen's Bay Contact Person: Timothy M. Stewart, P.E. phone Number: P10 ) 455-2414 Number of Lots: nIa Allowable Built Upon Area Per Lot*: nla *If lot sizes are not uniform, attach a table indicating the number of lots, lot sizes and allowable built upon area for each.lot. The attachment_ must include the project name, phase,_ page numbers and. provide area subtotals and totals. H. BUILT UPON AREA See the Stormwater Management Permit Application for specific language that must be recorded in the deed restrictions for all subdivisions. For uniform lot sizes, complete the following calculation in the space provided below where: • SA Site Area - the total project area above Mean High Water. Wetlands may be excluded when the development results in high density pockets. • DF Density Factor - the appropriate percent built upon area divided by 100. • RA Road Area - the total impervious surface occupied by roadways. • OA Other Area - the total area of impervious surfaces such as clubhouses, tennis courts, sidewalks, etc. • No. Lots - the total number of lots in the subdivision. • BUA/Lot - the computed allowable built upon area for each lot including driveways and impervious surfaces located between the front lot line and the edge of pavement. Form SWU-104 Rev 3.99 Page 1 of 2 (SA x DF) - RA - OA = BUA No. Lots Lot 8.4 Ac. X 25 % = 91,476 SF Impervious Allowed 87,722 SF impervious proposed M. REQUMED ITEMS CHECKLIST Initial in the space provided -to indicate that the following requirements have been 'met and supporting documentation is provided as necessary. If the applicant has designated an agent on the Stormwater Management Permit Application Form, the agent may initial below. Applicants Initials "1 M) 0.1 A a. A 30 foot vegetative buffer is provided adjacent to surface waters. Projects in the Neuse River basin may require additional buffers. b. Deed restriction -language as required on form SWU-101 shall be recorded as a restrictive covenant. A copy of the recorded document shall be provided to DWQ within 30 days of platting and prior to sale of any lots. S c. Built upon area calculations are provided for the overall project and all 1ots. . 7M d. Project conforms to low density requirements within the ORW AEC'(1f applicable). (15A NCAC .2H.1007(2)(b)] Form SWU-104 Rev 3.99 Page 2 of 2 Permit No. 0 S 0 —() l Q 9 (to be provided by D Wb State of North Carolina . Department of Environment and Natural Resources Division of Water Quality STORMWATER MANAGEMENT PERMIT APPLICATION FORM CURB OUTLET SYSTEM SUPPLEMENT FOR LOW DENSITY DEVELOPMENT WITH CURB AND GUTTER This form may be photocopied for use as an original DWO Stormwater Management Plan Review: A complete stormwater management plan submittal includes a stormwater management permit application, a curb outlet system supplement, a low density supplement, design calculations, and plans and specifications showing all stormwater conveyances and curb outlet details. I. PROJECT INFORMATION Project Name: Contact Person: The Village at Megan's Bay Richard A. Farrington, Jr. Phone Number: ( 252� 659-2534 Curb outlets to (check one): (k Swale 0 Vegetated Area H- REQUIRED ITEMS CHECKLIST The following checklist outlines design requirements per the North Carolina Administrative Code Section 15A NCAC 2H .1008. Initial in the space provided to indicate that the following design requirements have been met and supporting documentation is attached. If the applicant has designated an agent on the Stormwater Management Permit Application Form, the agent may initial below. If a requirement has not been met, attach justification. Applicants Initials fAA S a. Curb outlets direct flow to a swale or vegetated area. 'r J b. Swales or vegetated areas receiving curb outlet flow are designed to carry, at a minimum, the peak flow from the 10-year storm. �M S c. Flow velocity is non -erosive for peak flow from the 10-year storm event. d• Longitudiriatslope of swak or vegetated amwdoes mt-e=eud r`o '( ►�S _ e. Side slopes of the swale or vegetated area are no steeper than 5:1 (horizontal to vertical). ' to 5 f. Length of swale or vegetated area is > 100 feet. TM S g. The system takes into account the run-off at ultimate built -out potential from all surfaces draining to the system (delineate drainage area for each swale). TIC► S h. Swales are located in recorded drainage easements. 'rM 5 i. Grass type(s) for permanent vegetative cover specified on detail. �I�_ j. Swale detail provided on plans. )�t - pItA BF l-ECOr`DV0 AT A GAfrp- pA'CF Form SWiJ-105 `ver 3.99 Page 1 of 3 IIL DESIGN INFORMATION S4 f Complete the following table. If additional space is needed the information should be provided in the same format as Table 1 and attached to this form. Rainfall intensity data can be found in Appendix 8.03 of the State of North Carolina Erosion and Sediment Control Planning and Design Manual. Table 1. Swale Design Information Swale No. Drainage Area ac Impervious Area ac Grassed Area (ac) C Q (cfs V.11W s V.„p, s Flow Depth ft -2.- 3 .30 .17 .12 .6 1.3 V 5 .9 .6 % it 5 .30 .17 .12 .6 1.3 5 -6- 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Form SWU-105 Ver 3.99 Page 2 of 3 IIL CURB OUTLET SYSTEM MAINTENANCE REQUIREMENTS 1. Mowing will be accomplished as needed according to the season. Grass height will not exceed six inches at any time. 2. Swales will be inspected monthly or eter calory runoff producing rainfall event for sediment build-up, erosion, and trash accumulation. 3. Accumulated sediment and trash will be removed as necessary. Swales will be reseeded or sodded following sediment removal. 4. Eroded areas of the swales will be repaired and reseeded. Swales will be revegetated as needed and in a timely manner based on the monthly inspections. 5. Catch basins, curb cuts, velocity reduction devices, and piping will be inspected monthly or after every significant runoff producing rainfall event. Trash and debris will be cleared away from grates, curb cuts, velocity reduction devices and piping. 6. Swales will not be altered, piped, or filled in without approval from NCDENR Division of Water Quality. I acknowledge and agree by my signature below that I am responsible for the performance of the six maintenance procedures listed above. I agree to notify DWQ of any problems with the system or prior to any changes to the system or responsible party. Print Name and r. Address: Clarendon Dr., �mefAld -Slc NC z%-s Date: 1 - 1-7 — d a el0. I Note. The legally responsible party should not be a homeowners association unless more than 50% of the lots have been sold and a resident of the subdivision has been named the president. L cANa Notary Public for the State of h 00 Coo (i a , County of Q 5 , do hereby certify that R i G h0 rd A. Fd r r }0(13e , persons, appeared before me this j 11 TI day of 2005 , and aelmowledge the due execution of the forgoing infiltration basin maintenance requirements. witness my Band and official seal, pp p h Q 41 m o" SEAL p w soea"n6B'6j���®CCU, fig���° My commission expires Form SWU-105 Ver 3.99 Page 3 of 3 To--1 � . TATE ONOY� OLLNA CO Y FCARTE _ T DECLARATION OF RESTRICTIVE COVENANTS. CONDITIONS AND STORMWATER EASEMENTS FOR THE VILLAGE AT MAGENS BAY P.U.D., CEDAR POINT, NORTH CAROLINA These Restrictions and Easements executed this day of , 2005, by Kathryn Ferguson Gorham, Henry Gorham, DAB Enterprises, LLC, RBF Associates, LLC, and Cedar Point Associates, LLC, Emerald Isle, Carteret County, North Carolina; and all persons, firms and corporations hereafter acquiring certain designated lots within The Village at Magens Bay, P.U.D. located off Highway 24, Cedar Point, Carteret County, North Carolina, as shown on a Parker & Associates, Inc., consulting engineers plat dated as recorded in Map Book Page . Carteret County Registry, said plat being incorporated herein by reference; WITNESSETH. WHEREAS, Kathryn Ferguson Gorham, Henry Gorham, DAB Enterprises, LLC, RBF Associates, LLC and Cedar Point Associates, LLC either now own or will hereafter be transferred ownership interest in the planned unit development of real property to be known as The Village at Magens Bay P.U.D., said real property consisting of Tracts 2, 3 and 4 as shown on a plat recorded in Map Book 30, Page 382, Carteret County Registry, with Henry Gorham and Kathryn Ferguson Gorham having acquired Tract 4 by deed recorded in Book 1041 at Page 83, re -recorded thereafter in Book 1043 at Page 408, with DAB Enterprises, LLC having acquired Tract 3 by a deed recorded in Book 1041, Page 82, and with RBF Associates, LLC having acquired Tract 2 by a deed recorded in Book 1041, Page 81, Carteret County Registry; and WHEREAS, Henry Gorham, Kathryn Ferguson Gorham, DAB Enterprises, LLC, RBF Associates, LLC, and Cedar Point Associates, LLC, herein "Declarant", as the owners of Tract 2, 3 and 4 intend to subdivide the property into commercial, office, institutional or multi -family tracts Gr lots as paA of the Declarant's project to be Known as "The Village at Magens Bay P.U.D."; on WHEREAS, Declarant intends to locate, construct and complete two access roads from Highway 24 over and across the property as shown on the recorded plat in Map Book , Page , Carteret County Registry, for use by the various tracts within The Village at Magens Bay P.U.D. for access to and from Highway 24, and Declarant further intends to locate, construct and complete swales and other stormwater facilities and equipment within The Village at Magens Bay P.U.D., for use by the various tracts for stormwater runoff, accumulation and infiltration; WHEREAS, Declarant intends to impose certain restrictions regarding impervious surfaces, to allow for and impose easements for drainage, to allow for and impose easements for vehicular access, to require prior architectural approval for construction and development of certain designated tracts, and to otherwise preserve the values, attractiveness and environmental quality of said project, and in order to accomplish all of these purposes, Declarant has adopted these restrictions, covenants and easements; NOW, THEREFORE, in order to provide for the foregoing, the Declarant does hereby covenant and agree with all persons, firms or corporations now owning or hereafter acquiring designated parcels within The Village at Magens Bay P.U.D., herein "Project", that the use of the lots or tracts in said Project is hereby made subject to the following restrictions, covenants, easements, terms and conditions, which shall run with said project and the lands therein, and be binding on the property owners within said project and their successors and assigns. ARTICLE I - DEFINITIONS As used throughout this Declaration, the following terms shall have the definitions set out herein as follows: 2 W A. "Declaration" shall mean and refer to this Declaration of Covenants, Easements, Conditions, and Restrictions for The Village at Magens Bay P.U.D., and any amendments thereto as recorded in the Carteret County Registry. B. "Declarant" shall mean and refer to Kathryn Ferguson Gorham, Henry Gorham, DAB Enterprises, LLC, RBF Associates, LLC, and Cedar Point Associates, LLC, and their heirs, successors in interests and assigns. "Declarant" and "Developer" as used herein are interchangeable and shall have the same definition. C. "Lot" or "Parcel" shall mean and refer to any tract or plot of land within The Village at Magens Bay P.U.D. project as said project is more particularly described hereafter, which constitutes or will constitute after construction of improvements, a commercial, office, institutional, or multi -family site, as shown on the plats or plans fog The Village at Magens Bay P.U.D., recorded in the Carteret County Registry. D. "Owner" shall mean and refer to the owner of record of fee simple interest in any lot, tract or parcel in The Village at Magens Bay P.U.D. project, excluding those persons having such interests merely of a security interest for the performance of an obligation. E. "Tract or Parcel' shall mean and refer to all of those tracts or parcels of The Village at Magens Bay P.U.D. as shown on the plat of Parker & Associates, Inc., recorded in Map Book , Page , Carteret County Registry, which are intended by Declarant for commercial, business, office, institutional, or multi -family uses and sites as authorized and permitted by the Town of Cedar Point under its Zoning, Subdivision, and Multi -Family Ordinances. F. "Project" shall mean and refer to the multi -family, commercial, business, office and institutional project of The Village at Magens Bay P.U.D. 3 AH G. "Association" shall mean and refer to The Magens Bay Village Master Association, Inc., and its successors and assigns, the Master Association entity responsible for the overall administration, upkeep, and maintenance of the streets, stormwater facilities, and other common areas of The Village at Magens Bay P.U.D. ARTICLE II - PROPERTIES SUBJECT TO THIS DECLARATION l . Applicability. All of the properties as shown on the Parker & Associates, Inc. survey plat recorded in Map Book , Page , Carteret County Registry, are hereby expressly made subject to the operation of these Covenants. 2. Reservations. The Declarant reserves the right absolutely to change, alter or redesignate the allocated, planned, platted, or recorded use, area, or designation of any of the parcels shown on The Village at Magens Bay P.U.D. project as recorded aforesaid, so long as the Declarant retains title to the property involved, so long as any changes or alterations are in conformance with the Town of Cedar Point's Subdivision, Zoning, P.U.D. and Multi -Family Ordinances, including, but not limited to the right to change, alter or redesignate roads, utility and drainage easements, and to change, alter or redesignate such other present or proposed parcel or tract lines and facilities as may, in the sole judgment of the Declarant, be necessary or desirable. ARTICLE III - ARCHITECTURAL CONTROL, INSPECTION AND USE RESTRICTIONS Declarant shall have the responsibility of enforcing the restrictions set forth in this Article prior to the formation of the Committee, which upon appointment by the Declarant, shall assume and be responsible for enforcement. References in this Article to "Committee" shall mean Declarant until the Committee is appointed and references to "Declarant" shall include the Committee once it is appointed. The following building or architectural restrictions shall apply to each and every parcel of The Village at Magens Bay P.U.D. Project subject to this Declaration: 4 Section 1. AMroval of Plans and Architectural Committee. (a) No site preparation or initial construction, erection, or installation of any improvements, including, but not limited to structures, buildings, landscaping, fences, walls, drainage, lot clearing, signs, antennas or other structures, shall be undertaken upon the parcels unless the plans and specifications therefore, showing the nature, proposed uses, kind, shape, size, height, materials, and location of the proposed improvements on each parcels, including but not limited to, buildings, decks, drives, drainage, landscaping, clearing, parking areas, plants, shrubs, trees (including trees to be removed), and any other permanent structures or changes to be made to the parcel, shall have been first submitted to the Committee and expressly approved in writing. No subsequent alteration or modification which would result in an exterior, structural change to the buildings, outbuildings, or significant changes to the landscaping may be undertaken on any of the parcels without the prior review and express written approval of the Committee. (b) In the event the Committee fails to approve or disapprove the site or design of any proposed improvements within thirty (30) days after plans and specifications therefore have been submitted and received, approval will not be required, and the requirements of this Article will be deemed to have been fully met; provided, that the plans and specifications required to be submitted shall not be deemed to have been received by the Committee if they contain erroneous data or fail to present adequate information upon which the Committee can arrive at a decision. (c) The Committee shall have the right, at its election, to enter upon any of the parcels during site preparation or construction, erection or installment of improvements, to inspect the work being undertaken and to determine that such work is being performed in conformity with the approved plans and specifications and in a good and workmanlike manner, utilizing standard industry methods and good quality materials. 5 M (d) The approval of any such plans, specifications or other items submitted to the Committee pursuant to this S ection shall not impose any liability or responsibility on the Committee or `the Association with respect to either the compliance or non-compliance with any such plans, specifications, or other items (including any improvements or structures erected in accordance therewith) with applicable zoning ordinances, building codes or other governmental or quasi - governmental laws, ordinances, rules and regulations or defects in or arising from such plans, specifications or other items (including, without limitation, defects relating to engineering matters, structural and design matters and the quality or suitability of materials). (e) Until such time as the Declarant notifies the owners of parcels within the project of its desire to appoint the Committee, the Declarant consisting of Richard A. Farrington, Jr., David A. Barefield, Henry Gorham and Kathryn Ferguson Gorham, shall serve as the Committee, and shall exercise the authority to approve plans and other matters set forth in this Article. At such time as Declarant notifies the parcel owners that they will appoint a Committee for the functions and purposes set forth herein, the Committee consisting of two to five persons, shall be appointed by the Declarant to each serve for a term of one year or until their successors have been duly appointed, in the event of the death, resignation or removal of a member of the Architectural Review Committee. (f) With the submission of the plans and specifications, each parcel owner shall pay a non-refundable architectural review fee to the Declarant in such amount as maybe established from time to time by the Declarant for the review of the plans and specifications, so long as the Declarant is acting as the Committee, and thereafter shall pay to the Committee such fee as may be approved from time to time for architectural review of the plans and specifications. N. Section 2. Use Restrictions. (a) All parcels within the project as defined herein shall be used for commercial, business, office, institutional and multi -family purposes only, in accordance with the mown of Cedar Point Zoning, Subdivision and Multi -Family Ordinances. (b) Mobile homes, trailers, manufactured homes, modular homes, tents and all other structures of a temporary character are expressly prohibited from being placed, erected or maintained on any lot at any time. Provided, this prohibition shall not apply to shelters used by a Contractor or Builder during the construction of a building so long as the temporary shelter is not used at any time as a residence and said temporary shelter is immediately removed following completion of the building. As used herein, the term "mobile home" and "manufactured home" shall have those definitions and meanings set forth in O.S. 41-2.5, G. S. 143-143.9(6), and G.S. 143-145(7). Provided, that the width and length of a manufactured home, or mobile home shall be irrelevant and inapplicable as it is the intent of these covenants to prohibit manufactured homes, modular homes and mobile homes of all sizes regardless of length or width. (c) Only stick built buildings shall be permitted on any of the parcels within the project. No buildings or structures of any kind shall be permitted on any parcel within the project unless first submitted to and approved in advance by the Architectural Control Committee. (d) All fuel tanks or similar storage receptacles shall be prohibited from being exposed to view, and any such receptacles may only be installed within the main building, within a permitted accessory building, within a screened area, or buried underground. Provided, the Declarant shall be permitted to erect, place or permit the placement of tanks, equipment or other apparati within the project for uses related to the provision of sewage, water, pool, stormwater and similar utilities and uses within the project. A (e) Radio and television antennas and similar communication devices are prohibited unless the plans for the same are first submitted to and approved by the Architectural Review Committee. Nothing herein shall require the approval of television satellite dishes not exceeding eighteen (18) inches in diameter so long as the same are installed at such location or screened from view so that the same are not visible from the street or adjoining parcels. Section 3. Minimum Building Requirements. (a) No building shall be erected or allowed to remain on anyparcel in said proj ect unless the same shall meet the front, side, and rear setbacks of the Town of Cedar Point Zoning and Building Ordinances, or a minimum front setback of 20 feet, a rear setback of 20 feet, and a side setback of 10 feet, whichever is greatest. (b) The exterior of all structures shall be completed within twelve (12) months after construction is commenced, except under such circumstances where such completion is impossible or would result in great hardship to the Owner or builder due to strikes, fires, national emergency or natural calamities. No building may be occupied or used unless it has been built substantially in accordance with the approved plans and specifications as approved by the Committee and a certificate of completion has been issued by the appropriate governmental inspector. (c) Each parcel owner shall provide receptacles for garbage and trash in a screened area not generally visible from the street or common areas on which the parcel fronts or adjoining parcels. All fuel tanks shall be enclosed within a fence, wall or plant screen so that the same shall not be visible from the street or adjoining parcels, or the fuel tank shall be placed underground. 8 (d) Each parcel owner shall provide sufficient parking spaces in accordance with the Town of Cedar Point Zoning and Building Regulation Ordinances on the parcel and off the street prior to the use and occupancy of any building constructed on the parcel. (e) With regard to the two access streets (Currituk Drive and Bodie Drive) as well as other stormwater ditches or s wales a long any parking areas, property perimeters, or other locations, each parcel owner shall be required to install a culvert and driveway over the swales or stormwater ditching for continuous flow of stormwater. No parcel owner shall pipe either of the treatment swales on tract 3 that receive stormwater runoff from pipes "A" and "D" as shown on the plan without prior approval of a stormwater plan revision from Division of Water Quality. No parcel owner shall fill in or alter any drainage system ditches or swales of the project without the written approval of the Declarant. (f) No fencing shall be erected, placed or allowed to remain on any portions of the project unless the location, type of screening, screening design and other particulars are first submitted to and approved by the Architectural Control Committee. The Architectural Control Committee is authorized to permit decorative fencing or screening for landscaping, courtyard or similar decorative purposes, or to screen the perimeter of the project from adjoining highways or properties. Section 4. Nuisances. Inoperable Vehicles Etc (a) No unserviceable motor vehicles, appliances or other assorted junk and useless materials may be kept on any parcel. All parcels shall be maintained free and clear of rubbish and debris. 0 (b) No noxious or offensive activity shall be carried on upon any parcel, nor shall anything be done thereon tending to cause embarrassment, discomfort, annoyance or a nuisance to adjoining parcei owners or the businesses being conducted thereon. (c) All buildings, structures and their appurtenances shall be maintained in a reasonable state of repair. In the event of damage to a building or other structure by fire or other casualty, the exterior of a building or structure shall be repaired within six (6) months or the building structure shall be demolished and the premises cleared of debris within six (6) months of the date the damage occurred. Section 5. Sims. All signage shall be in accordance with the Town of Cedar Point's Signage and Zoning Regulations. All signage for all uses and buildings on any parcel within The Village at Magens Bay P.U.D. shall first be submitted to and approved by the Declarant or the Architectural Control Committee. The Declarant retains the right to prescribe the style, texture, size and design of all signage. Section 6. Mailboxes. Each parcel's proposed use of mailboxes and newspaper receptacles shall first be submitted to and approved by the Architectural Control Committee. For each parcel having more than one single use thereon and requiring two or more mailboxes, one central location together with uniformity of design and configuration shall be used, subject to guidelines and design format approved by the Declarant or Architectural Review Committee. Section 7. Subdividing. Except as to any parcel still owned by the Declarant, no parcel shall be further subdivided, or its boundary lines changed, except with the prior written consent of the Declarant. Likewise, no parcel shall be used as a street, road, lane, way or easement over which access may be obtained from another parcel within the project to adjacent properties without the specific written consent of the Declarant. In the event the Declarant hereafter determines it necessary 10 to alter or change any boundary lines of a parcel, then a revised plat of said proj ect or section thereof subject to the alteration or change shall be recorded, and all such parcels thereon shall be subject to the terns and conditions of these covenants. Section 8. Restrictions on Built -Up Area. In order to comply with the rules and regulations of the North Carolina Department of Environment and Natural Resources, Division of Water Quality, and other state agencies with regard to stormwater runoff, each Owner of a parcel shall be restricted to clearing, constructing and using as "built -upon" area the percentages or areas set forth herein, and the impervious surfaces restrictions for each parcel, including asphalt, concrete, gravel, brick, stone, slate, and coquina, but excluding uncovered wood decking or the water surface of swimming pools. The restrictions upon the built -upon area shall be as follows: A. For multi -family residential uses proposed on the southern 8.4 acres adjoining Magens Bay Subdivision, the maximum allowable built -upon area for the 6 phased condominium project shall be 25% of the square footage of the combined 8.4 acres on which the condominiums are proposed to be built. This allotted amount includes any built -upon area constructed within the lot property boundaries for the specific use and that portion of the right-of-way between the front lot line and the edge of the pavement. B. For commercial, business, office and institutional uses on the tracts along Highway 24, there shall be a maximum of 25 % of the square footage of a particular tract for a low density stormwater project or shall have an engineered stormwater system approved by the Division of Water Quality for a high density project, or parcel proposed for commercial, business, office or institutional use. This allotted amount includes any built -upon area constructed within the lot property boundaries and that portion of the right-of-way between the front lot line and the existing sidewalk. 11 This covenant is intended to insure continued compliance with the stormwater permit issued by the State of North Carolina for the multi -family residential projects proposed on the southern 8.4 acres of The Village at Magens Bay project. This covenant may not be changed or deleted without the consent of the State of North Carolina. The State of North Carolina shall be a third party beneficiaryto the provisions of this paragraph and may enforce the same through proceedings, at law or in equity. However, Declarant reserves the right to amend these covenants to specifically list and set out any impervious area restrictions in order to comply with State of North Carolina and specifically Division of Stormwater requirements. Section 9. Filling of Drainage Features and Compliance with Environmerital Regulations. No owner may fill in or pipe any roadside or parcel -line swale, except as necessary to provide a minimum driveway crossing. No one may pipe, fill in or alter any parcel line swales used to meet North Carolina Stormwater Management permit requirements. Each parcel owner is required to maintain at all times in a manner consistent with all State and Federal regulations, that portion of any ditching, drainage facilities, or stormwater system within the parcel lines of the owner's parcel as shown on The Village at Magens Bay P.U.D. plat. .The owner of a parcel shall be prohibited from altering any of the drainage features or portions of the drainage plan as shown on the approved drainage plan for the project except with the prior written approval of the Declarant as well as the Division of Water Quality, State of North Carolina. Section 10. Vegetated Buffer and Roof Drains.. Each parcel fronting on or abutting the southernmost property line as shown on the recorded plat adjoining Magens Bay Subdivision, said southern line being the closest boundary to the waters of Bogue Sound, shall be required to maintain a 30-foot wide vegetated buffer between all impervious surfaces and the southernmost property line. 12 The owner, builder or developer of any building placed on any of the tracts or parcels of the proj ect shall be required to terminate all roof drains at least 30 feet from all ditches or canals that drain into the surface waters of Brogue Sound. ARTICLE VII - STREETS. EASEMENTS AND STORMWATER SYSTEM FEATURES AND IMYROVEMENTS A. Streets. The two streets and accesses off NC Highway 24 unto the project property are known as Bodie Drive and Currituk Drive as shown on the recorded plat. Declarant reserves unto themselves a perpetual, alienable and releaseable easement and right-of-way on and over said drives for continued access to and from NC Highway 24 for any portions of the subject property. Both drives may be used for access to and from Highway 24 to any business, office, commercial or institutional developments placed on the northern portion of the subject property. Additionally, Declarant reserves the right to transfer and convey to the Grantees of the various tracts constituting the southern portion of the project hereafter developed into one or more residential condominium developments, which access easements shall be appurtenant to each tract conveyed for residential condominium development, and shall grant to the developer of each condominium project as well as the purchasers of each individual unit therein and the heirs, successors in interest and assigns of said purchaser, a perpetual easement over the two drives for access to and from Highway 24. In the event any such easements are not included in deeds from the Declarant to the various tracts to be hereafter developed over the southern portion of the property for single-family condominium use, then the developer of each condominium proj ect over the southern portion of the project property, as well as the purchasers of units within each condominium project, shall have a perpetual easement appurtenant to said proj ect and each unit for access to and from NC Highway 24 to each condominium property over the access drives. 13 As Currituk and Bodie Drives are private streets, Declarant reserves the right to convey the private streets to The Magens Bay Village Master Association, Inc., a non-profit master association already formed through the filing of Articles of incorporation with the North Carolina Secretary of State. The Declarant and then the Association to which the street easements and right-of-ways are hereafter assigned, shall have the authority to establish, adopt and enforce annually a separate budget for all costs associated with the maintenance, upkeep, operation, replacement and related costs associated with the streets and roads, and the Master Association shall further have the authority to assess the costs related to the same among and between the various tracts or parcels of The Village at Magens Bay project, based upon the size each tract or parcel bears to the total area or size of the project as set forth in Paragraph G hereafter. The owner, developer or condominium association to which costs of maintenance, repair or operation are charged, shall have the continuing obligation to pay the same, and the Master Association upon default as to payment of the same, shall have the right to file liens and to foreclose the same for non-payment for the assessments and charges. B. Utility Easements. The Declarant reserves unto themselves, a perpetual, alienable and releaseable easement and right-of-way on, over, under, through and upon the ground with men and equipment to erect, maintain, inspect, repair and use electrical and telephone poles, wires, cables, conduits, sewers, water mains, pipes and other suitable equipment for the conveyance and use of electricity, telephone equipment, television, gas, sewage, water and community utilities or conveniences in and over the following areas: 1. With regard to each parcel hereafter sold and split out from the project property, in and over the front 10 feet of each parcel, 8 feet along each sideline of each parcel, and along the rear 10 feet of each parcel; 14 2. Along the northernmost 20 feet and the southernmost 20 feet of the perimeters of the project property as shown on the recorded plat, and along the easternmost and westernmost 10 feet of the project property; 3. 10 feet on each side of Currituk Drive and Bodie Drive. Declarant further reserves the right to cut drainways for surface water within the utility easement areas reserved herein whenever action may appear to the Declarant to be necessary in order to maintain reasonable standards of health, safety and appearance. The easements reserved herein include the right to cut trees, bushes or shrubbery, to grade soils, or to take similar actions reasonably necessary to provide economical and safe utility installation and to maintain reasonable standards of health, safety and appearance. The Declarant further reserves the right to assign said easements to one or more public or private utility companies for utility services to each parcel within the proj ect properties in the future. C. Street Lighting. Declarant reserves the right to subject the real property in this project to a contract with Carteret -Craven Electrical Cooperative or such other utility companies furnishing electrical services for the installation of underground electrical cables which may require an initial contribution and/or the installation of street lighting, and which may require a continuing monthly payment to the applicable electrical utility company by the owner of each building and/or parcel, until such time as assumed by either the Town of Cedar Point or the Master Association. D. Drainage and Stormwater EasementsDeclarant reserves unto themselves aperpetual, alienable, and releaseable easement and right-of-way for stormwater collection and drainage purposes over those swales, ditches, pipes, sediment traps, catch basin areas, and other portions of the stormwater and sedimentation control as shown on the plans and plats recorded as referenced above. These easements are reserved for the collection, storage and movement of stormwater and 15 surface waters within and without the project. Declarant reserves the continuing right to maintain, widen, replace, reconstruct, or modify all such stormwater and sedimentation easements and areas, and fia-ther reserves 'the right to transfer and assign ali such easements to the Magens Bay Village Master Association, Inc. for further maintenance, repair, replacement and management of the stormwater easement areas and system. The cost of such maintenance, repair and replacement shall again be provided for by the Master Association and the costs assessed between and among the various parcels of the project in accordance with Paragraph G thereafter. Each tract or parcel owner hereafter shall be obligated to keep free and clear any and all drainage easements shown on the recorded plats, and each owner as well as each owner's tenants, guests and invitees, shall be prohibited from obstructing, blocking or impeding the flow of surface waters through said stormwater and drainage easements, and in the event any such easements are obstructed or blocked so as to impede the flow of water, then the Declarant, Master Association, or other owners of the project property shall have the right to clear said drainage easements and to recover from the party responsible the cost of clearing of such obstruction or blockage as a result of such deliberate acts or negligence of the responsible party. E. Project Identification Signs and Entrance Areas. The Declarant reserves the right to place signs, fencing, brick or stucco walls, shrubs or other appropriate structures identifying the various sites, businesses, condominium projects, or uses within the project, on or near either Currituk or Bodie Drive, or along the northern perimeter or border of the project property. The Declarant further reserves a continuing easement for access to and from said signs or entrance area features so as to repair, maintain, replace or reconstruct said signs or landscaping features. F. Responsibility for Costs Relating to Streets. Stormwater Easements and Utility Easements. Until such time as The Magens Bay Village Master Association, Inc. has been conveyed OR either the streets, utility easements or stormwater and drainage easements, or the responsibility for maintenance and upkeep of the same has been assigned, it shall be the affirmative obligation of the Declarant, and the Declarant's successors and assigns, to continue to own, maintain and manage the streets, utility easements, and stormwater and drainage easements and facilities, all in accordance with the requirements of the North Carolina Department of Environment and Natural Resources (herein NCDENR), including any stormwater permits and soil erosion permits issued in conjunction therewith. Declarant, its successors and assigns, and the Master Association once responsibility has been so assigned, shall at all times provide the operation and maintenance necessary to ensure that the permitted stormwater detention easements and facilities function at ultimate efficiency, that the approved operations and maintenance plans are followed in their entirety and that maintenance occurs at the scheduled intervals, including but not limited to periodic scheduled inspections, sediment removal, mowing and revegetation of side slopes, the repair of eroded areas, the maintenance of side slopes in accordance with plans and specifications, the removal of debris and the unclogging of outlet structures, orifice devices, catch basins, piping, and the like, and access to the outlet structures must be made available at all times. Additionally, it shall be the responsibility of the Declarant and its successors and assigns, as well as the Master Association once responsibilties have been assigned, to maintain current records of maintenance activities so that the same are available upon request to authorized personnel for the Town of Cedar Point and the North Carolina Division of Water Quality, with the records indicating the date, activity, names of persons performing work, and all actions so taken. It shall further be the responsibility of the Declarant, the Declarant's successors and assigns, and then the Master Association once responsibility has been assigned, to provide through its annual budget sufficient revenues and funds for the continued maintenance, operations, upkeep, reconstruction, and repair 17 of the streets, stormwater easements and facilities, and utility easements within and for the project property- G. Shared Costs. Declarant first and then the Master Association once responsibility for the same have been assigned, shall establish, adopt and enforce annually a separate budget for all costs associated with the maintenance, upkeep, operations, utilities, repairs, and replacement costs associated with the project's streets, utility easements and facilities, drainage and stormwater facilities, as well as all common utilities associated therewith. Said separate budget shall reflect all costs associated with or related to the maintenance, upkeep, operation, management, repair, replacement or reconstruction of the streets, utility easements and facilities, stormwater easements and stormwater system for the project property, including but not limited to engineering fees, repair costs, utilities. insurance_ cost of contractors or third parties, mowing, maintenance, capital reserves, projected cost of replacement, professional fees, etc. Annually, the Declarant or the Master Association shall prepare abudget as to all such common expenses relating to the streets, stormwater system and utility systems, and shall forward to each owner of a tract or parcel within the project, a copy of the proposed budget for review and input from each such parcel or tract owner a minimum of 30 days before final adoption of the budget by either the Declarant or the Master Association. After review by each parcel or tract owner and any input therewith, either the Declarant first or the Master Association once responsibilities have been so assigned, shall adopt a final budget setting forth the common expenses relating to the streets, common areas, utility easements and systems and the stormwater easements and project stormwater system, and each tract or parcel owner to include the Declarant as to all unsold parcels, shall be required to pay the pro-rata portions of the common expenses, upkeep and maintenance, based upon the size each individual parcel bears to the total area or size of the project. With regard to condominium projects which maybe hereafter developed over 18 the southernmost 8.40 acres of the project, each condominium association shall be deemed to be the owner of a parcel subject to the duty to share or pay its pro-rata costs, and each association shall as part of its budget assess such common expenses among and between each condominium unit owner of that particular project or parcel. The total area for The Village at Magens Bay project consists of 15.18 acres. It is contemplated by the Declarant that 8.40 acres along the southern portion of the property shall be developed into six separate condominium projects with separate developers and separate condominium owners association for each project. Accordingly, the six condominium projects to be developed on the 8.40 acres shall be responsible for 55.34% of the total common expenses related to or associated with the streets, utility systems and stormwater areas and facilities. Declarant proposes to either develop for commercial, business or institutional purposes the remaining 6.78 acres along the northern portion of the project property, and the 6.78 acres reserved for commercial, office or institutional uses, shall pay 44.66% of the common expenses associated with the streets, utility systems, and stormwater easements and facilities. Each residential condominium unit shall each pay 1/6 of the 55.34% interest the condominium developments are to pay with regard to the total common expenses relating to the streets, utility systems, and stormwater easements and facilities. With regard to the remaining commercial acreage of 6.78 acres for which the owners of the commercial acreage shall pay 44.66% of the common expenses relating to the streets, utility easements and stormwater planning and facilities, as each portion of the 6.78 acres are sold and divided, each separately sold or divided portion of the commercial acreage shall be required to pay its pro-rata portion of the 44.66% based upon the size each commercial tract or lot bears to the total area or size of the commercial acreage of 6.78 acres. 19 The Declarant and then the Master Association shall have the ultimate responsibility for assessing each owner of a tract or parcel within the proj ect using the guidelines set forth herein, and the assessments of the common expenses as determined by the Declarant and/or the Master Association shall be binding upon all owners of parcels within the project hereafter. H. Failure to Pay Prorata Share ofthe Common Expenses; Creation of Lien. Each owner of a tract or parcel within the project shall be required to pay its pro-rata share of the separate annual budget as adopted by the Declarant or the Master Association for the common expenses as required by these Covenants, and the Declarant or the Master Association shall provide that each parcel owner shall pay its pro -rats share through monthly, quarterly, or semi-annual payments. In the event any owner of a tract or parcel should fail to pay its share of the common expenses in a timely fashion, then the Declarant or the Association following ten (10) days written notice and failure to thereafter cure said default, shall have the right to file alien against the parcel owner and such parcel, which lien may be enforced in accordance with Chapters 44, 44A and 47of the North Carolina General Statute, including the right of the Declarant or the Master Association, or its assignee, to foreclose the lien for non-payment of the common expenses. Upon default by any parcel or tract owner, then the amount in default together with interest at 12% per annum, and the Declarant or Master Association's costs and reasonable attorney's fee, may be collected, by either including the same in any lien filed against the parcel and parcel owner, or in a lawsuit filed in the appropriate division of the General Court of Justice in Carteret County, North Carolina. The Declarant, Master Association, or its Assignee is authorized to file in the Office of the Clerk of Superior Court an instrument suitable for recordation which shall set forth the name of the record owner of each parcel, the parcel description, the amount of the common expenses owed, the date the common expenses were due, the fact that the parcel owner has failed to pay said expenses, and the amount of the common 20 expenses, costs and attorneys fees claimed. Following the recordation of the lien, the Declarant, Master Association or its Assignee is authorized to institute an appropriate action in the Court having jurisdiction over the subject matter and the parties, in order to collect the common expenses, interests, costs and attorneys fees, and to effect a sale of the parcel to satisfy the lien for the delinquent common expenses. All sums collected by the Declarant, responsible Association or its Assignee for common expenses pursuant to the separate common expenses budged budget shall be used exclusively for the purpose of maintaining, operating, managing, and administering the streets, utility systems and equipment, and stormwater easements and facilities, insurance, upkeep, maintenance and replacement of said facilities and equipment associated therewith, replacement or reconstruction costs, capital reserves, costs of manpower, utilities, contracting, and professional fees, and other expenses as may be determined appropriate or necessary by the Declarant, Master Association, or their Assignee, using good business practices. I. Easements of Enjoyment. Every owner of an parcel within the project as well as its agents, employees, invitees and guests, shall have the right and easement of enjoyment in and from NC Highway 24 over Bodie Drive and Currituk Drive, as well as the right to connect to and use all drainage easements, ditching, swales and other drainage system features, for the purpose of transporting and diverting all stormwater and surface water runoff to the various stormwater easement areas and facilities as shown on the recorded plats. ARTICLE VIII - COVENANTS RUN WITH THE LAND These Covenants and Restrictions shall run with the project and inure to the benefit of the parcel owners for a term of twenty-five (25) years from the date these Covenants are recorded. Thereafter, said Covenants shall be automatically renewed and extended for successive periods of 21 ten (10) years each. These Covenants and Restrictions may be amended by an instrument executed by parcel owners who collectively are responsible for the payment of not less than 66 2/3's percent of the common expenses of the streets, utility systems and stormwater easements and drainage system in accordance with Article VII, Paragraph G. Until such time as all of the parcels have been sold by the Declarant, Declarant reserves the right to amend these restrictions as a matter of right and such amendments shall be binding on all parcel owners thereto and all future purchasers on and after the recordation of the amendments. No amendment adopted hereafter shall have the effect of making a building, structure or architectural plan non -conforming if the same has been originally approved by the Architectural Control Committee. ARTICLE IX - VIOLATIONS In the event of a violation or breach of any of these Covenants by any parcel owner or other person, the Declarant, or any one or more Owners of parcels in the project, or any of them jointly or severally, shall have the right to proceed at law or in equity to compel compliance with the terms and conditions set forth herein, and to prevent the violation or breach of these covenants, and to recover damages as compensation for a breach or violation of these covenants. Any failure to enforce any right, reservation, or conditions contained in these covenants, however long continued, shall not be deemed a waiver of the right to do so hereafter as to the same breach, or as to a breach occurring prior or subsequent thereto, and shall not bar or affect its enforcement. ARTICLE X - INVALIDATION The invalidation by a Court or other public agency of any of the provisions of these covenants shall not in any way affect any of the remaining provisions, and the same shall remain in full force and effect. 22 ARTICLE XI - BINDING EFFECT These Covenants and Restrictions shall be binding on the Declarant, each parcel owner, any Association hereafter fbimed for the purposes set forth herein, as well as the heirs, successors in interest and assigns, of the named parties herein. IN WITNESS WHEREOF, the Declarant has executed this instrument on the day and year first above written. DAB ENTERPRISES, LLC LI-A David A. Barefield, Manager RBF ASSOCIATES, LLC LE Richard A. Farrington, Manager CEDAR POINT ASSOCIATES, LLC LO-A Kathryn Gorham, Manager KATHRYN FERGUSON GORHAM 1__3 1 azI'Iva")19 116 r.170-1 23 STATE OF NORTH CAROLINA COUNTY OF CARTERET I, , a Notary Public for said County and State, certify that David A. Barefield, Manager, appeared before me and executed the foregoing instrument on behalf of DAB Enterprises, LLC Witness my hand and seal this day of December, 2004. Notary Public My Commission expires: STATE OF NORTH CAROLINA COUNTY OF CARTERET I, . a Notary Public for said County and State, certify that Richard A. Farrington, Manager, appeared before me and executed the foregoing instrument on behalf of RBF Associates, LLC Witness my hand and seal this day of December, 2004. Notary Public My Commission expires: STATE OF NORTH CAROLLNA COUNTY OF CARTERET I, , a Notary Public for said County and State, certify that Kathryn Ferguson Gorham, Manager, appeared before me and executed the foregoing instrument on behalf of Cedar Point Associates, LLC. Witness my hand and seal this day of December, 2004. My Commission expires: Notary Public 24 STATE OF NORTH CAROLINA COUNTY OF CARTERET I, , a Notary Public for said County and State, certify that Henry Gorham appeared before me and executed the foregoing instrument. Witness my hand and seal this day of December, 2004. Notary Public My Commission expires: STATE OF NORTH CAROLINA COT JNTY OF CARTERET I,_ . a Notary Public for said County and State, certify that Kathryn Ferguson Gorham, Manager, appeared before me and executed the foregoing instrument. Witness my hand and seal this day of December, 2004. My Commission expires: Notary Public 25 PREPARED BY: Richard L. Stanley, Attorney at Law, P.O. Bog 150, Beaufort, North Carolina 28516 sallie/condodocs/TheVillasatMagensBay/Declaration&RestrictiveCovenants 26