AFTER RECORDING RETURN TO: ROBERT D. BURTON, ESQ.
WINSTEAD PC 401 CONGRESS A VE., SUITE 2100 AUSTIN, TEXAS 78701 EMAIL: [email protected] Filed and Recorded: 02/08/2022 01 :22:29 PM SAGE HOLLOW ADOPTION OF WORKING CAPITAL ASSESSMENT Declarant: KYLE 57 DEVELOPMENT, INC., a Texas corporation Cross-reference to that certain Declaration of Covenants, Conditions and Restrictions for Sage Hollow, recorded under Document No. 22005983 in the Official Public Records of Hays County, Texas, as amended from time to time.
4861-4644-5827v.2 60691-35 22006103 Pa e2of3 SAGE HOLLOW ADOPTION OF WORKING CAPITAL ASSESSMENT Pursuant to Section 6.8 of that certain Declaration of Covenants, Conditions and Restrictions for Sage Hollow, recorded under Document No. 22005983 in the Official Public Records of Hays County, Texas, as amended from time to time (the "Declaration"), KYLE 57 DEVELOPMENT, INC., a Texas corporation (the "Declarant") files this Adoption of Working Capital Assessment as follows: 1. Working Capital Assessment. In accordance with Section 6.8 of the Declaration, Declarant adopts a working capital assessment amount equal to THREE HUNDRED FIFTY AND NO/'100 DOLLARS ($350.00) (the "Working Capital Assessment"). The Working Capital Assessment applies to all Lots subject to the Declaration unless otherwise exempt pursuant to Section 6.8 of the Declaration.
2. Subject to Change. The amount of the Working Capital Assessment designated hereunder is subject to change from time to time by Declarant, until the expiration or termination of the Development Period, and the Board thereafter.
3. Capitalized Terms. Capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the Declaration.
termination of the Development Period, and the Board thereafter.
3. Capitalized Terms. Capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the Declaration.
EXECUTED to be effective on the elate this instrument is Recorded.
THE STATE OF TEXAS cou NTY orT l;:A-i.n'.s § § DECLARANT: At::.&e±r')nA:R.,T1tJ. :J?ReSI.DeA! of KYLE 57 DEVELOPMENT, fNC., a Texas corporation, on behalf of said corporation.
(SEAL) 2 THE STATE OF TEXAS COUNTY OF HAYS I hereby certify that this instrument was FILED on the date and the time stamped hereon by me and was duly RECORDED in the Records of Hays County, Texas.
22006103 DECLARATION 02/08/2022 01 :22:29 PM Total Fees: $30.00 Elaine H. Cardenas, MBA, PhD,County Clerk Hays County, Texas 22006103 Page 3 of 3