BY LAW INFORMATION

It has come to the attention of the Board of Directors from Condo Group # 1 that periodically when new issues arise within the Condo Group, that not all homeowners have read or are aware of some of the Condo By Laws. Recently the issue of the ownership of the pool and tennis courts have been discussed and people were not aware that the pool and the tennis courts are "leased" to the HOA Association. In essence, the pool and tennis courts are legally owned by the developer, even though all related costs are being borne by the River Run Community Association. I am attaching a copy of the original agreement that was adopted in January of 1995 by Board Members Lewis S. Meltzer, Allen Skolnick, and Richard Passwater.