HomeMy WebLinkAboutSW3170804_Response To Comments_20240201 `$' NORTH CAROLINA
Department of the Secretary of State
To all whom these presents shall come, Greetings:
I, Elaine F. Marshall, Secretary of State of the State of North Carolina, do hereby certify
the following and hereto attached to be a true copy of
ARTICLES OF INCORPORATION
OF
ALEXANDER GLEN HOMEOWNERS ASSOCIATION, INC.
the original of which was filed in this office on the 21st day of May, 2018.
oMenRTiy o: 0 - . -o¢ 4.0 IN WITNESS WHEREOF, I have hereunto set my
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hand and affixed my official seal at the City of
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Raleigh, this 21st day of May, 2018.
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Verify this certificate online at http://www.sosnc.gov/verification
SOSID: 1705728
Date Filed: 5/21/2018 2:24:00 PM
Elaine F.Marshall
North Carolina Secretary of State
ARTICLES OF INCORPORATION C2018 131 01475
FOR
ALEXANDER GLEN HOMEOWNERS ASSOCIATION, INC.
Pursuant to §55A-2-02 of the North Carolina General Statutes, the undersigned does hereby
submit these Articles of Incorporation for the purpose of forming a North Carolina nonprofit corporation
and hereby certifies:
ARTICLE 1
NAME
The name of the corporation is ALEXANDER GLEN HOMEOWNERS
ASSOCIATION, INC. For convenience, the corporation shall be referred to in this instrument as the
"Association",these Articles of Incorporation as the"Articles", and the Bylaws of the Association (once
adopted) as the"Bylaws".
ARTICLE 2
PRINCIPAL OFFICE
The initial principal office of the Association is physically located at street address 6701 Carmel
Road, Suite 425, Charlotte, Mecklenburg County, North Carolina, 28226. The mailing address for the
initial principal office of the Association is c/o Lennar Carolinas, LLC, 6701 Carmel Road, Suite 425,
Charlotte, Mecklenburg County,North Carolina, 28226.
ARTICLE 3
REGISTERED AGENT AND ADDRESS
Corporation Service Company is hereby appointed the initial Registered Agent of the
Association. The initial Registered Agent's physical office address and its mailing address is 2626
Glenwood Avenue, Suite 550, Raleigh, Wake County,NC 27608.
ARTICLE 4
PURPOSE
The purposes for which the Association is organized is to provide an entity pursuant to
Chapter 47F of the North Carolina General Statutes, the North Carolina Planned Community Act (the
"Act") for the ownership and operation of that certain common area and related real property located in
Rowan County, North Carolina, known or to be known as ALEXANDER GLEN (the "Subdivision")
and for such other purposes as are described in/contemplated in the Declaration (defined below). The
Association does not contemplate pecuniary gain or profit to the Members thereof, and it is organized for
non-profit purposes.
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ARTICLE 5
DEFINITIONS
The terms used in these Articles shall have the same definitions and meanings as those set forth in
the Declaration of Covenants Conditions and Restrictions of Alexander Glen recorded or to be recorded
in the Register of Deeds of Rowan County, North Carolina (as amended from time to time, the
"Declaration"), unless herein provided to the contrary, or unless the context otherwise requires.
ARTICLE 6
POWERS
The powers of the Association shall include and be governed by the following:
6.1 General. The Association shall have all of the common law and statutory powers of a
non-profit corporation under Chapter 55A of the North Carolina General Statutes and all
of the common law and statutory powers of an "association" or as defined in the Act,
except as otherwise stated in these Articles, the Declaration, the Bylaws or the Act (but
inclusive of all powers described therein).
6.2 Enumeration. The Association shall have all of the powers and duties set forth in the Act,
except as/if expressly limited by these Articles, the Bylaws and the Declaration (to the
extent that they are not in conflict with the Act), and all of the powers and duties
reasonably necessary to operate the Subdivision pursuant to the Declaration and as more
particularly described in the Bylaws, as they may be amended from time to time,
including, but not limited to,the following:
(a) To make and collect assessments and other charges against members as lot
owners (whether or not such sums are due and payable to the Association), and to
use the proceeds thereof in the exercise of its powers and duties.
(b) To buy, accept, own, operate, lease, sell, trade and mortgage both real and
personal property in accordance with the provisions of the Declaration.
(c) To maintain, repair, replace, reconstruct, add to and operate the Common Areas
(and any other parts of the Subdivision to the extent provided in the Declaration)
and other property acquired or leased by the Association.
(d) To purchase insurance upon the Common Area (and any other parts of the
Subdivision to the extent provided in the Declaration), and insurance for the
protection of the Association, its officers, directors and Lot Owners.
(e) To make, amend and enforce reasonable rules and regulations for the
maintenance, conservation and use of the Common Area (and any other parts of
the Subdivision to the extent provided in the Declaration) and for the health,
comfort, safety and welfare of the Lot Owners.
(f) To approve or disapprove the transfer, ownership and possession of Lots as may
be provided by the Declaration, if at all.
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(g) To enforce by legal means the provisions of the Act, the Declaration, these
Articles, the Bylaws, and the rules and regulations for the use of the Common
Area (and any other parts of the Subdivision to the extent provided in the
Declaration).
(h) To contract for the management and maintenance of the Common Area (and any
other parts of the Subdivision to the extent provided in the Declaration) and to
authorize a management agent (which may or may not be an affiliate of the
Declarant) to assist the Association in carrying out its powers and duties by
performing such functions as the submission of proposals, collection of
Assessments, preparation of records, enforcement of rules and maintenance,
repair and replacement of the Common Area (and any other parts of the
Subdivision to the extent provided in the Declaration) with such funds as shall be
made available by the Association for such purposes. The Association and its
officers shall, however, retain at all times the powers and duties granted by the
Act, including, but not limited to, the making of Assessments, promulgation of
rules and execution of contracts on behalf of the Association.
(i) To grant and convey easements and licenses over Common Area (and any other
parts of the Subdivision)to the extent provided in the Declaration.
(j) To employ personnel to perform the services required for the proper operation of
the Common Area(and any other parts of the Subdivision to the extent provided
in the Declaration).
(k) Such other powers as may be exercised by an association under the Act.
6.3 Distribution of Income; Dissolution. The Association shall not pay a dividend to its
members and shall make no distribution of income to its members, directors or officers,
and upon dissolution, all assets of the Association shall be transferred only to another
non-profit corporation or a public agency or as otherwise as described in the Declaration
or the Bylaws or as authorized by North Carolina law.
6.4 Limitation. The powers of the Association shall be subject to and shall be exercised in
accordance with the provisions hereof and of the Declaration, the Bylaws and the Act,
provided that in the event of conflict, the provisions of the Act shall control over those of
the Declaration and Bylaws.
ARTICLE 7
MEMBERS
• 7.1 Membership. The members of the Association shall consist of all of the record title
owners of Lots in the Subdivision from time to time, and after termination of the
Subdivision, shall also consist of those who were members at the time of such
termination,and their successors and assigns.
7.2 Assignment. The share of a member in the funds and assets of the Association cannot be
assigned, hypothecated or transferred in any manner except as an appurtenance to the Lot
for which that share is held.
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•
7.3 Voting. On all matters upon which the membership shall be entitled to vote, each Lot
shall have such voting interest as is set forth in the Declaration or the Bylaws, as
applicable. All votes shall be exercised or cast in the manner provided by the Declaration
and Bylaws.
7.4 Meetings. The Bylaws shall provide for an annual meeting of members and may make
provision for regular and special meetings of members other than the annual meeting.
ARTICLE 8
TERM OF EXISTENCE
Existence of the Association shall commence with the filing of these Articles of Incorporation
with the Secretary of State of the State of North Carolina. The Association shall have perpetual existence.
ARTICLE 9
INCORPORATOR
The name and address of the Incorporator of this Corporation is:
NAME ADDRESS
Matthew G. St. Amand St. Amand &Efird PLLC
3315 Springbank Lane, Suite 308
Charlotte,North Carolina 28226
ARTICLE 10
DIRECTORS
10.1 Number and Qualification. The property, business and affairs of the Association shall be
managed by a board consisting of the number of directors determined in the manner
provided by the Bylaws, but which shall consist of not less than three (3) directors.
Directors need not be members of the Association except as/if provided in the Bylaws.
10.2 Duties and Powers. All of the duties and powers of the Association existing under the
Act, the Declaration, these Articles and the Bylaws shall be exercised exclusively by the
Board of Directors, its agents, contractors or employees, subject only to approval by Lot
Owners or the Declarant when such approval is specifically required under the Act, the
Declaration, or the Bylaws.
10.3 Election; Removal. Directors of the Association shall be appointed, removed, and
elected in the manner determined by and subject to the qualifications set forth in the
Bylaws.
10.4 Term of Declarant's Directors. The Declarant of the Subdivision shall appoint the
members of the first Board of Directors and their replacements who shall hold office for
the periods described in the Bylaws.
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10.5 First Directors. The names and addresses of the members of the first Board of Directors
who shall hold office until their successors are elected or appointed and have taken
office, as provided in the Bylaws, are as follows:
NAME ADDRESS
Tim Pettit 6701 Carmel Road, Suite 425, Charlotte,
Mecklenburg County,North Carolina, 28226.
Patricia Mills 6701 Carmel Road, Suite 425, Charlotte,
Mecklenburg County,North Carolina, 28226
Melvin Branham 6701 Carmel Road, Suite 425, Charlotte,
Mecklenburg County,North Carolina, 28226.
ARTICLE 11
INDEMNIFICATION
Subsections 11.1 through 11.3 shall apply to the extent not inconsistent with North Carolina law.
11.1 Indemnitees. The Association shall indemnify any person who was or is a party to any
proceeding (other than an action by, or on behalf of, the Association) by reason of the
fact that he is or was a director, officer, committee member, employee or agent (each, an
"Indemnitee") of the Association, against liability incurred in connection with such
proceeding, including any appeal thereof, if he acted in good faith and in a manner he
reasonably believed to be in, or not opposed to, the best interests of the Association and,
with respect to any criminal action or proceeding, had no reasonable cause to believe his
conduct was unlawful. The termination of any proceeding by judgment, order,
settlement, or conviction or upon a plea of nolo contendere or its equivalent shall not, of
itself, create a presumption that the person did not act in good faith and in a manner
which he reasonably believed to be in, or not opposed to, the best interests of the
Association or,with respect to any criminal action or proceeding, had reasonable cause to
believe that his conduct was unlawful.
11.2 Indemnification. The Association shall indemnify any person who was or is a party to
any proceeding by or in the right of the Association to procure a judgment in its favor by
reason of the fact that he is or was a director, officer, committee member, employee, or
agent of the Association against expenses and amounts paid in settlement not exceeding,
in the judgment of the Board of Directors, the estimated expense of litigating the
proceeding to conclusion, actually and reasonably incurred in connection with the
defense or settlement of such proceeding, including any appeal thereof. Such
indemnification shall be authorized if such person acted in good faith and in a manner he
reasonably believed to be in, or not opposed to,the best interests of the Association.
11.3 Indemnification for Expenses. To the extent that a director, officer, committee member,
employee, or agent of the Association has been successful on the merits or otherwise in
defense of any proceeding referred to in subsection 11.1 or 11.2, or in defense of any
claim, issue, or matter thereon, he shall be indemnified against expenses actually and
reasonably incurred by him in connection therewith.
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ARTICLE 12
AMENDMENTS
Amendments to these Articles shall be proposed and adopted in the following manner:
12.1 Notice. Notice of a proposed amendment shall be included in the notice of any meeting
at which the proposed amendment is to be considered and shall be otherwise given in the
time and manner provided by Chapter 55A of the North Carolina General Statutes. Such
notice shall contain the proposed amendment or a summary of the changes to be affected
thereby.
12.2 Adoption. Amendments shall be proposed and adopted in the manner provided
Chapter 55A of the North Carolina General Statutes and in the Act (the latter to control
over the former to the extent provided for in the Act).
12.3 Declarant Amendments. To the extent lawful, the Declarant may amend these Articles in
accordance with the provisions of the Declaration allowing certain amendments to be
effected by the Declarant alone.
12.4 Proviso. No amendment may be adopted which would eliminate, modify, prejudice,
abridge or otherwise adversely affect any rights, benefits, privileges or priorities granted
or reserved to the Declarant and/or First Mortgagees, unless the Declarant and/or the First
Mortgagees, as applicable,join in any such amendment. No amendment shall be made
that is in conflict with the Bylaws or the Declaration. No amendment to this Section 12.4
shall be valid.
12.5 Recording. A copy of each amendment shall be filed with the Secretary of State pursuant
to the provisions of applicable North Carolina law.
IN WITNESS WHEREOF,the Incorporator has executed these Articles on May e , 2018.
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