Pay a Fine
Citation Funds. Any funds accrued through citations and fines will be place in a general maintenance fund to maintain the common areas and roads of the Bellwood Lakes Property as controlled and solely determined by Lessor or Lessor’s designee. The general maintenance fund is established in accordance with Article IV, Section 2 of the Verne A. Gibson Trust, as amended, which sets forth in part that allows for the “…establishment of such reasonable reserves for such expenses as the trustee (of the Verne A. Gibson Trust) may deem appropriate.” It is the trustee’s intention that the general maintenance fund is solely restricted to repairs, maintenance and improvements of the Bellwood Lakes Property as the Lessee, along with other Lessee’s of Bellwood Lakes Property, will have contributed and is the source of most of these funds as a result of the annual assessments and citations herein.