§ 65.582. Funding Mechanism Required.

(A)

Recorded Document. Prior to approval of any Final Site Plan or Final Subdivision Plat or Lot Split, the developer/builder shall provide and record documents to establish a funding mechanism for the maintenance of the common improvements and/or open space. The documents shall provide a method for the organization or entity established in this Section to assess the property owners having beneficial use of the improvements and open space for the cost of their maintenance. The method of assessment shall provide the legal right for the organization or entity to impose liens against those properties for which payment of any assessment is not made. Collection of assessments and enforcing the payment thereof shall be the responsibility of the organization or entity and shall not be the responsibility of the City of Orlando. The assessments imposed by the organization or entity shall not relieve property owners from any taxes, fees, charges or assessments imposed by the City or any other governmental agency.

(B)

Notice to Buyers. The documents shall also provide for notice to purchasers and prospective purchasers of properties that the organization or entity shall have the authority to make assessments and impose liens as provided in this Section.

(Ord. of 10-29-2001, § 4, Doc. #011029703; Ord. No. 2017-17, § 14, 4-10-2017, Doc. #1704101203)