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RECORDING COVER PAGE FOR GOVERNING DOCUMENTS AND RULES OR REGULATIONS Pursuant to S.C. Code § 27-30-130, the Board of Directors for Wildewood Sections I-IV Homeowners Association, Inc. submits the following document(s) for recording. Wildewood Sections I-IV Homeowners Association, Inc. 7. By: Gail L. Bragg President Pursuant to S.C. Code § 27-30-130(D) the recording of any rules, regulations, bylaws, and any amendments to rules or regulations is not subject to the requirements of witnesses and acknowledgments required under S.C. Code § 30-5-30. Book 2364-2554 2019002400 1/10/2019 16:40:02:740 Restrictions Fee: $10.00 County Tax: $0.00 State Tax: $0.00 2019002400 John T. Hopkins II Richland County R.O.D. WildeWood Section I-IV Homeowners Association Resolution As stated in Article III of the By-Laws of the Wilde Wood Section I-IV Homeowners Association, Inc., dated 1998 "The specific purpose for which the Association is formed to provide for maintenance, preservation, protection, and architectural control of the Lots and Common Area within the certain tract of property known as Wilde Wood Sections I, II, III, and IV, and to promote the common interests of the residents within the above-described property and any additions thereto as may hereafter be brought within the jurisdiction of this Association. " Whereas, the WildeWood Country Club (part of The Members Club) is experiencing financial difficulty and is in fact up for sale and Whereas, if the property is sold to a real estate developer or other party that closes the golf course this closing and redevelopment or no development would cause devaluation of the homes in Section I-IV and Whereas, certain parties have agreed to purchase the WildeWood Country Club (part of the Members
is closing and redevelopment or no development would cause devaluation of the homes in Section I-IV and Whereas, certain parties have agreed to purchase the WildeWood Country Club (part of the Members Club) and to maintain it as a golf, tennis and swim club for the WildeWood community and Whereas, the purchasing parties need the financial and active support of the WildeWood Section I-IV Homeowners to close the transaction and purchase said club and Whereas, the purchasing parties have offered to the WildeWood Section I-IV Homeowners a special membership for $480 per year that would be called "Pool and Social Membership" and Whereas, in addition the purchasers have also agreed to build a playground within 18 months of the signing agreement and a splash pad within 24 months of the signing agreement and Whereas, this offer of membership to financially support the WildeWood Country Club is to help preserve and protect the WildeWood Section I-IV Homeowners home values and quality of life in the community, Be it now resolved that the WildeWood Section I-IV Homeowners Association by vote of a majority of its membership has accepted the offer of membership in the WildeWood Country Club beginning January 1, 2019 for each homeowner and that the annual membership dues of $480 will be added to the WildeWood Section I-IV Homeowners Association annual assessment bill for 2019 and annually hereafter. This resolution is expressly conditioned on the golf course and related property being purchased by the Wildewood Investor Group. If this transaction does not take place, the Assessment increase will be considered withdrawn. This resolution and amendment to the By-Laws was sent to all Wilde Wood Section I-IV Homeowners on -
oup. If this transaction does not take place, the Assessment increase will be considered withdrawn. This resolution and amendment to the By-Laws was sent to all Wilde Wood Section I-IV Homeowners on - nov 13, 2018 and approved by a majority of the votes as prescribed by the WildeWood Section I-IV Homeowners Associations By-Laws at a properly called meeting of the WildeWood Section I-IV Homeowners on nov 27, 2018. Gail L Bragy Gail Bragg, President Wildewood I-IV HOA Board