6.01 Powers and Duties.

(A) The Association shall have the rights and powers as set forth in its Articles of Incorporation and Bylaws, together with Its general powers as a nonprofit corporation, and it shall perform each and every duty required of It by this Declaration.

(B) The Association shall own, maintain, mow and keep clean the Common Area. It further shall maintain, repair and/or replace the decorative entrance treatments, fence(s) and walls erected and installed by Developer.

(C) The Association shall maintain such insurance on the Common Area and facilities thereon as it deems necessary and advisable.

(D) The Association may improve the Property in any manner that it shall find to be necessary, desirable or beneficial to the interest of the Property and the Owners.

(E) The Association shall have the right to create and establish reserves for the repair, restoration or replacement of any improvement it has the duty to repair, restore or replace hereunder.

(F) The Association, through the Board, shall have the right to adopt such rules and regulations as it may deem advisable for the maintenance, use, conservation and beautification of the Property and for the health, comfort, safety and general welfare of the Owners and occupants of Lots in the Property.

(G) Subject to the foregoing, the Association shall be empowered to determine the manner and extent of operating, maintaining, improving, restoring, mowing, trimming and keeping clean the Common Area.

6.02 Operations and Expenses. The Association shall establish such committees as may be provided for in its Bylaws, and may engage a manager, secretaries, engineers, auditors accountants, legal counsel and other employees or consultants as may be reasonably necessary for the discharge of its duties hereunder. The expenses of committees, the salaries of a manager and other employees and the fees of consultants shall be established and paid for by the Association. The Association shall pay for all other expenses necessary or incidental to the conduct or carrying on of its business concerning the Property.

6.03 Taxes and Assessments. Each owner shall be obligated to pay the taxes or assessments assessed by the County Assessor against his own Lot and personal property located thereon.

6.04 Repair and Restoration of Improvements on Common Area. Should any improvements on the Common Area or any part of portion thereof be damaged or destroyed by fire or other casualty or by intentional mischief, the Association shall be responsible for the cost and expense of repair and restoration, and, so long as there are sufficient insurance proceeds collected as a result of such damage or destruction, the same shall be done substantially to accordance with the original plans and specifications for the improvement of same.

The repair and restoration work referred to in this section shall be commenced promptly after the happening of the destruction or damage occasioning the same, and once commenced, the same shall be pursued diligently to completion.

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