NOTICE: REPEAT DOCUMENT IN 
PLACE OF COPY OF: 
- ARTICLES OF INCORPORATION
- OPERATING AGREEMENT
- DECLARATION
- CORPORARE RESOLUTION

Declaration, CBW-2 Declaration, and, finally, CBW Declaration (collectively the

“Declaration’’).



Pursuant to the terms of the Declaration, 100% of the title to all “common areas” and

“common facilities” within the CBW is shared amongst the one hundred two (102) individual

units as an “undivided percentage interest” in such common areas and common facilities as part

of the deed for their respective units, allowing each unit owner the use of such “common areas”

and “common facilities”. Thus, the assessed value of each of the units necessarily includes the

added benefits explicitly included in the deed for the use and undivided ownership of “common

areas” and “common facilities”. Each individual unit is assessed its own property tax bill for that

unit, and that tax bill includes a small, undivided percentage of the title to the “common areas”

and “common facilities” shared by all unit owners. Those 102 property tax bills for the 102 units

are paid by the owners of those respective 102 units. Therefore, 100% of the property tax

liability for the CBW common areas and common facilities are divided between the one hundred

two (102) individual units as appropriate, and the owners of each of the units holds title to an

“undivided percentage interest” in that shared common area.



As a result, CBW, as a legal entity, does not receive property tax bills and there is no

separate parcel number or property tax bill attributed to the “common areas” and “common

facilities” at CBW, for which CBW seeks a permit to perform work. However, under the

Declaration, CBW has the duty to perform maintenance and upkeep on all “common areas” and

“common facilities” including such maintenance and upkeep that might require a CZM permit.



In summary, while CBW exists as a separate legal entity that has the duty to maintain and

perform upkeep on “common areas” and “common facilities” at CBW, there is no distinct parcel

number for those “common areas” and “common facilities” and no property tax bills attributable

solely to those common areas. However, the value of those “common areas” and “common

facilities” are already part of the assessed value of the 102 individual CBW units, each of which

are thereby liable for and pay their respective shares of the property taxes for their “undivided

percentage interest” in those “common areas” and “common facilities”.



I trust that the foregoing should suffice to establish CBWCOA’s legal existence and right

to proceed with this permit application without a tax clearance letter for the common areas where

this work is to be performed. However, if you have any questions or require any additional

information, please feel free to give me a call at any time.



Sincerely,



Noch Uedo



Mark D. Hodge, Esq.