BUYER’S GUIDE STEAMBOAT GRAND - BUYER’S GUIDE

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RENTAL HISTORY 2020 & 2021 STEAMBOAT GRAND - BUYER’S GUIDE
Rental History The Steamboat Grand – 411/414 Quarter Share Estate I 2 Bed/2 Bath 2300 Mount Werner Circle Steamboat Springs, CO 80487 Per your request we have compiled the following rental income figures Date Range IncomeRentalGross Travel CommissionAgent ManagementCommission RevenueNon-Nights* IncomeOwnerNet 1/1/2020 thru 12/31/2020 $13,776 $356 $6,090 0 $7,330 1/1/2021 thru 12/31/2021 $11,987 $137 $5,228 14 $6,622 *Non Revenue Nights include owner stays and guests of the owner during owner weeks. If the owner is an RCI member there may be additional non revenue weeks they banked with RCI that would result in fewer nights available for paid rentals, however those nights are not reflected in this report. These figures are not, in any way, a rental projection or a guarantee of future rental revenue. The rental of each condominium is strictly optional at each owner’s discretion.


CALENDAR Q1 SATURDAY-SATURDAY STEAMBOAT GRAND - BUYER’S GUIDE
2021 2023 Week # Check In Check Out S S M T W T F RCI Int # Week # Check In Check Out S S M T W T F RCI Int # 1 Jan-09 - Jan-16 9 10 11 12 13 14 15 2 1 Dec-31 Jan-07 31 1 2 3 4 5 6 53 2 Feb-06 - Feb-13 6 7 8 9 10 11 12 6 2 Jan-28 Feb-04 28 29 30 31 1 2 3 4 3 Mar-06 - Mar-13 6 7 8 9 10 11 12 10 3 Feb-25 Mar-04 25 26 27 28 1 2 3 8 4 Apr-03 - Apr-10 3 4 5 6 7 8 9 14 4 Mar-25 Apr-01 25 26 27 28 29 30 31 12 5 May-01 - May-08 1 2 3 4 5 6 7 18 5 Apr-22 Apr-29 22 23 24 25 26 27 28 16 6 May-29 - Jun-05 29 30 31 1 2 3 4 22 6 May-20 May-27 20 21 22 23 24 25 26 20 7 Jun-26 - Jul-03 26 27 28 29 30 1 2 26 7 Jun-17 Jun-24 17 18 19 20 21 22 23 24 8 Jul-24 - Jul-31 24 25 26 27 28 29 30 30 8 Jul-15 Jul-22 15 16 17 18 19 20 21 28 9 Aug-21 - Aug-28 21 22 23 24 25 26 27 34 9 Aug-12 Aug-19 12 13 14 15 16 17 18 32 10 Sep-18 - Sep-25 18 19 20 21 22 23 24 38 10 Sep-09 Sep-16 9 10 11 12 13 14 15 36 11 Oct-16 - Oct-23 16 17 18 19 20 21 22 42 11 Oct-07 Oct-14 7 8 9 10 11 12 13 40 12 Nov-13 - Nov-20 13 14 15 16 17 18 19 46 12 Nov-04 Nov-11 4 5 6 7 8 9 10 44 13 Dec-11 - Dec-18 11 12 13 14 15 16 17 50 13 Dec-02 Dec-09 2 3 4 5 6 7 8 48 2022 2024 Week # Check In Check Out S S M T W T F RCI Int # Week # Check In Check Out S S M T W T F RCI Int # 1 Jan-15 Jan-22 15 16 17 18 19 20 21 3 1 Jan-06 Jan-13 6 7 8 9 10 11 12 1 2 Feb-12 Feb-19 12 13 14 15 16 17 18 7 2 Feb-03 Feb-10 3 4 5 6 7 8 9 5 3 Mar-12 Mar-19 12 13 14 15 16 17 18 11 3 Mar-02 Mar-09 2 3 4 5 6 7 8 9 4 Apr-09 Apr-16 9 10 11 12 13 14 15 15 4 Mar-30 Apr-06 30 31 1 2 3 4 5 13 5 May-07 May-14 7 8 9 10 11 12 13 19 5 Apr-27 May-04 27 28 29 30 1 2 3 17 6 Jun-04 Jun-11 4 5 6 7 8 9 10 23 6 May-25 Jun-01 25 26 27 28 29 30 31 21 7 Jul-02 Jul-09 2 3 4 5 6 7 8 27 7 Jun-22 Jun-29 22 23 24 25 26 27 28 25 8 Jul-30 Aug-06 30 31 1 2 3 4 5 31 8 Jul-20 Jul-27 20 21 22 23 24 25 26 29 9 Aug-27 Sep-03 27 28 29 30 31 1 2 35 9 Aug-17 Aug-24 17 18 19 20 21 22 23 33 10 Sep-24 Oct-01 24 25 26 27 28 29 30 39 10 Sep-14 Sep-21 14 15 16 17 18 19 20 37 11 Oct-22 Oct-29 22 23 24 25 26 27 28 43 11 Oct-12 Oct-19 12 13 14 15 16 17 18 41 12 Nov-19 Nov-26 19 20 21 22 23 24 25 47 12 Nov-09 Nov-16 9 10 11 12 13 14 15 45 13 Dec-24 Dec-31 24 25 26 27 28 29 30 52 13 Dec-07 Dec-14 7 8 9 10 11 12 13 49 Unit Signature:#: Date: Please return this document to Owner Services Within 30 Days of Receipt via SnailMail: 2300 Mount Werner Circle Unit C-2, Steamboat Springs CO 80487 /OR/ Email: owners@steamboat.com Print City:MailingName:Address: State: Home Phone: E-mail Address: Cell Phone: Circle the week numbers you wish to reserve for owner usage (left-hand week # column) or put a check mark in the RCI Column for the weeks you wish to deposit with RCI (Int # is the RCI interval number). If you would like the week to be placed in the rental pool DO NOT circle or check mark the week. Steamboat Grand Resort Hotel & Condominiums Saturday to QuarterSaturdayI Once a week is deposited with RCI it cannot be taken back. It is the owner's responsibility to contact RCI with their deposits. If an Owner's Calendar is not returned within 30 days of receipt the owner's weeks are automatically defaulted into the rental pool. In order to take advantage of space available privileges, manager requires that two weeks per year be available for rental in summer (June 1-Sept 30) or winter (Dec 15-Apr 15) seasons. There is a $40 Reservation Fee for each owner week used and a $10 Reservation Fee for each Space Available Reservation. Please confirm your current Contact information below: Zip Code:
2025 2027 Week # Check In Check Out S Su M T W Th F RCI Int # Week # Check In Check Out S Su M T W Th F RCI Int # 1 Jan-11 - Jan-18 11 12 13 14 15 16 17 2 1 Dec-26 - Jan-02 26 27 28 29 30 31 1 52 2 Feb-08 - Feb-15 8 9 10 11 12 13 14 6 2 Jan-23 - Jan-30 23 24 25 26 27 28 29 4 3 Mar-08 - Mar-15 8 9 10 11 12 13 14 10 3 Feb-20 - Feb-27 20 21 22 23 24 25 26 8 4 Apr-05 - Apr-12 5 6 7 8 9 10 11 14 4 Mar-20 - Mar-27 20 21 22 23 24 25 26 12 5 May-03 - May-10 3 4 5 6 7 8 9 18 5 Apr-17 - Apr-24 17 18 19 20 21 22 23 16 6 May-31 - Jun-07 31 1 2 3 4 5 6 22 6 May-15 - May-22 15 16 17 18 19 20 21 20 7 Jun-28 - Jul-05 28 29 30 1 2 3 4 26 7 Jun-12 - Jun-19 12 13 14 15 16 17 18 24 8 Jul-26 - Aug-02 26 27 28 29 30 31 1 30 8 Jul-10 - Jul-17 10 11 12 13 14 15 16 28 9 Aug-23 - Aug-30 23 24 25 26 27 28 29 34 9 Aug-07 - Aug-14 7 8 9 10 11 12 13 32 10 Sep-20 - Sep-27 20 21 22 23 24 25 26 38 10 Sep-04 - Sep-11 4 5 6 7 8 9 10 36 11 Oct-18 - Oct-25 18 19 20 21 22 23 24 42 11 Oct-02 - Oct-09 2 3 4 5 6 7 8 40 12 Nov-15 - Nov-22 15 16 17 18 19 20 21 46 12 Oct-30 - Nov-06 30 31 1 2 3 4 5 44 13 Dec-13 - Dec-20 13 14 15 16 17 18 19 50 13 Nov-27 - Dec-04 27 28 29 30 1 2 3 48 2026 2028 Week # Check In Check Out S Su M T W Th F RCI Int # Week # Check In Check Out S Su M T W Th F RCI Int # 1 Jan-17 - Jan-24 17 18 19 20 21 22 23 3 1 Jan-01 - Jan-08 1 2 3 4 5 6 7 2 2 Feb-14 - Feb-21 14 15 16 17 18 19 20 7 2 Jan-29 - Feb-05 29 30 31 1 2 3 4 6 3 Mar-14 - Mar-21 14 15 16 17 18 19 20 11 3 Feb-26 - Mar-04 26 27 28 29 1 2 3 10 4 Apr-11 - Apr-18 11 12 13 14 15 16 17 15 4 Mar-25 - Apr-01 25 26 27 28 29 30 31 14 5 May-09 - May-16 9 10 11 12 13 14 15 19 5 Apr-22 - Apr-29 22 23 24 25 26 27 28 18 6 Jun-06 - Jun-13 6 7 8 9 10 11 12 23 6 May-20 - May-27 20 21 22 23 24 25 26 22 7 Jul-04 - Jul-11 4 5 6 7 8 9 10 27 7 Jun-17 - Jun-24 17 18 19 20 21 22 23 26 8 Aug-01 - Aug-08 1 2 3 4 5 6 7 31 8 Jul-15 - Jul-22 15 16 17 18 19 20 21 30 9 Aug-29 - Sep-05 29 30 31 1 2 3 4 35 9 Aug-12 - Aug-19 12 13 14 15 16 17 18 34 10 Sep-26 - Oct-03 26 27 28 29 30 1 2 39 10 Sep-09 - Sep-16 9 10 11 12 13 14 15 38 11 Oct-24 - Oct-31 24 25 26 27 28 29 30 43 11 Oct-07 - Oct-14 7 8 9 10 11 12 13 42 12 Nov-21 - Nov-28 21 22 23 24 25 26 27 47 12 Nov-04 - Nov-11 4 5 6 7 8 9 10 46 13 Dec-19 - Dec-26 19 20 21 22 23 24 25 51 13 Dec-09 - Dec-16 9 10 11 12 13 14 15 51 Unit Signature:#: Date: Please return this document to Owner Services Within 30 Days of Receipt via SnailMail: 2300 Mount Werner Circle Unit C-2, Steamboat Springs CO 80487 /OR/ Email: owners@steamboat.com Print City:MailingName:Address: State: Home Phone: E-mail Address: Zip Code: Cell Phone: Steamboat Grand Resort Hotel & Condominiums Saturday to QuarterSaturdayI Circle the week numbers you wish to reserve for owner usage (left-hand week # column) or put a check mark in the RCI Column for the weeks you wish to deposit with RCI (Int # is the RCI interval number). If you would like the week to be placed in the rental pool DO NOT circle or check mark the week. Once a week is deposited with RCI it cannot be taken back. It is the owner's responsibility to contact RCI with their deposits. If an Owner's Calendar is not returned within 30 days of receipt the owner's weeks are automatically defaulted into the rental pool. In order to take advantage of space available privileges, manager requires that two weeks per year be available for rental in summer (June 1-Sept 30) or winter (Dec 15-Apr 15) seasons. There is a $40 Reservation Fee for each owner week used and a $10 Reservation Fee for each Space Available Reservation. Please confirm your current Contact information below:
HOUSEKEEPING FEES 2021/2022 STEAMBOAT GRAND - BUYER’S GUIDE
Housekeeping Fees 2021/2022 (effective 11/20/2021) Room Types Housekeeping Service Departure Clean Fee Midweek Trash n’ Towel Charged on 1st night; covers the completebetweencleaningguests Same service as a Depart. Clean; charged the 4th night (on a minimum 6 night stay) Charged all remaining nights of a reservation; 2nd, 3rd, 5th, 6th & 7th nights Hotel Room $40 $40 $15 Studio $55 $55 $20 Parlor $55 $55 $20 1-Bedroom Condo $65 $65 $22 2-Bedroom Condo $78 $78 $27 3 Bedroom Condo $97 $97 $35 4 Bedroom Condo $130 $130 $45 3 Bedroom Penthouse $105 $105 $40 4 Bedroom Penthouse $140 $140 $46 5 Bedroom Penthouse $155 $155 $54 All Owner Week, Space A and RCI reservations will be charged the Housekeeping Service fees: • The Departure Clean Fee is charged on the first night (always) • Midweek Clean will be charged on the 4th night (when reservation is a minimum of 6 nights, and every 4th night for reservations up to 14 nights in length) • Trash n’ Towel Fee will be charged all other nights of a reservation, for the length of the stay. Owners and/or their guests are obligated to pay the full Housekeeping Service fees regardless of whether they use their [PRIVACY] sign and choose not to receive the services. Owners are also responsible for paying reservation fees: • Owner Week and RCI reservations: $40 as of 1/1/21 • Space A reservations: $10 Owners are responsible for notifying their guests of the required housekeeping and reservation fees during their stays. Space A reservations are subject to a $5/night maintenance fee Any owner reservations for a duration of 15 nights or more, may opt out of all housekeeping and maintenance fees except the final departure clean and an obligatory $1/day trash fee. Release form must be signed and submitted 14 days prior to arrival, no exceptions. Please request a release form from Owner Services.
HOA CONTACT THE STEAMBOAT GRAND Amelia Nordin Owner Services www.SteamboatGrand.infoanordin@steamboat.com970.871.5533Manager STEAMBOAT GRAND - BUYER’S GUIDE
SPACE AVAILABLE One of the benefits of being a part of the Steamboat Ski & Resort Corporation Rental Management Program is the Space Available Program (aka “Space A”). This wonderful program provides you the opportunity to stay at the Steamboat Grand outside of your owned weeks. “Space A” is generally available when projected occupancy is less than ninety percent (90%) during the desired reservation period and is always at the discretion of the Rental Management Program General Manager, regardless of occupancy. If all requirements are met when you request Space A, you will be placed in a unit comparable or smaller to the one you have purchased based on availability. Space Available reservations can only be made during normal business hours through Owner Services. STEAMBOAT GRAND - BUYER’S GUIDE
RULES & REGULATIONS OWNERS AND GUESTS STEAMBOAT GRAND - BUYER’S GUIDE
1. Residential Units.
Updated October 19, 2018
The following Rules & Regulations shall be deemed in effect until amended by the Executive Board of The Steamboat Grand Resort Hotel Condominium Association, Inc. (the “Association”) and shall apply to and be binding upon all Owners. “Owners(s)” shall mean for purposes herein the person or persons holding title to an Alternating Quarter Share Estate or Quarter Share Estate or to a Commercial Unit in the Condominium. The Rules and Regulations, togetherwithsuchadditionalrulesand regulations as mayhereafterbeadoptedbythe Association, shall govern the use of Units in the Steamboat Grand Resort Hotel Condominium (the “Hotel”) by Owners and their guests, invitees, agents, and employees. Capitalized terms used but not otherwise defined herein shall have the meanings given them in the Declaration of the Condominium and Plan of Quarter Share Ownership for The Steamboat Grand Resort Hotel Condominium, recorded September 20, 2000, at Reception No. 533317 in the real property records of Routt County, Colorado.
RULES AND REGULATIONS FOR OWNERS AND GUESTS
C. UponexpirationofanOwner’suseperiod, eachOwnershallberesponsible for r emoval of such Owner’s personal property, food, refuse, and waste from the Unit.
D. Anypersonalproperty, food, refuse, and waste found in a Unit upon expiration of a use period shall be deemed to have been abandoned by the Owner or occupant. Such personalproperty, food,refuse,andwastemay,at theexpenseoftheOwner,be removed bythe maintenance personnel employed byor on behalf of the Association, and neither the maintenance personnel, the Association, or the agent employed by the Association shall have anyresponsibilityto the Owner or occupant for such personal property.
THE STEAMBOAT GRAND RESORT HOTEL CONDOMINIUM
A. The Common Elements include the furnishings, appliances, fixtures, finishes, and decorations in each Unit, and no Owner shall alter, repair, renovate, remove, or replace any portion of the furnishings, appliances, fixtures, finishes, and decorations in their Unit without the express written approval of the Executive Board of the Association.
E. Each Owner shall be individually responsible for complying with the foregoing requirements, notwithstanding that their Unit was occupied bya guest or renter.
F. Each Owner is required to have their unit cleaned upon their departure to the standard provided bythe managingagent. Should the managingagent findtheunit isnot cleaned to their standards the Owner would receive a bill for such services.
B. Owners shall use the Unit in which their alternating quarter share or quarter share interest is created, and the furnishings, appliances, fixtures, finishes, and decorations in suchUnit inacarefulandsafe manner, withdueconsiderationandrespect forthe rights, interests, and enjoyment of the other Owners in such Unit.
G. A mandatory contribution to the 4% preventative maintenance fund will be assessed, based on the size of the unit.
. No Owner shall paint or stain the exterior surfaces of the windows, walls, or doors that open out of such unit.
8. Pets Pets are allowed on Propertyonly in accordance with the provisions of the Declaration of the Condominium and Alternating Quarter Share and Quarter Share Ownership for the Steamboat Grand Resort Hotel Condominium.
6. Landscaping and Gardening. No owner shall move, remove, add, or otherwise change the landscaping of the Property, except in such areas as may, from time to time, be designated by the Association.
. Each Owner shall be individually liable for any and all damage to the Common Elements caused by the Owner or any family member, tenant, guest, or invitee of such Owner, or a family member, guest, or invitee of the tenant of such Owner, or a guest or invitee of any member of such Owner’s family, or any family member of a tenant or such Owner.
3. Misuse of Units
B. Each Commercial Unit Owner must perform promptlyall maintenance and repair work to its Commercial Unit, which, ifomitted, would affect oneor more buildings of which such Owner’s Unit forms a part, such Owner being expressly responsible for the damage and liabilities that the failure to promptlyperform may engender.
. Unit Owners, members of their families, their employees, guests, invitees, or lessees shall not use or permit the use of anyUnit or anyCommon Elements in anymanner that would be illegal or disturbing or a nuisance to other Owners or their guests or invitees, or in such a wayas to be injurious to the reputation, quality, or image of the Hotel.
B. No Owner shall use the Common Elements for commercial use without the prior written approval of the Executive Board.
4. Responsibility for Damage to Condominium Property
C. Common Elements cannot be altered in any manner without the prior written approval of the Executive Board.
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9. Curtains, Shades, andBlinds. No clothes lines, cloths, clothing, shades, curtains, or window guards shall be used in or about the Unit except such as shall have been
A. TheCommonElementsshallnot beobstructed, littered, defacedormisusedinany manner.
5. Maintenance and Repair.
A. General maintenance, cleaning, repair, and refurbishing of Residential Units shall be the responsibilityof the Association; provided, however, that if a Unit is found to have been damaged or left in a condition of disrepair or extraordinarily unclean by an Owner or occupant, the Association may charge the Owner for the cost of maintenance, repair, or refurbishment beyond what the Association determines to be usual wear and tear on the Unit.
7. Exterior Painting or Staining
2. Common Elements.
F. Owners in residence at the Steamboat Grand may request one additional temporary parking permit(s) for the duration of their stay.
12. Commercial Vehicles. Unless used in connection with the maintenance of the Common Elements or deliveries to Commercial Units, no commercial vehicles of a weight of two (2) tons or more shall be permitted to remain overnight on the property.
13. Recreational Vehicles, Boats, and the Like. Only Owners in residence may temporarily store a recreational vehicle, boat, camper, snowmobiles, minibikes, all terrain vehicles, or similar vehicles.
11. Parking. No vehicle belonging to an Owner or to a member of the family, guest, tenant, or employee of an owner shall be parked in such a manner as to impede or prevent ready access to any entrance to or exit from any area of the Hotel. The Association may, upon notice to all Owners, assign or restrict parking spaces, administer and enforce parking requirements, remove vehicles that are found to be in violation of parking requirements, establish penalties for violations, and charges and assess Owner for such penalties and the cost of removal of A.vehicles.Residential
Owners will be issued one parking permit per share owned in accordance with the unit deed. Below is the breakdown of the number of parking permits issued per share: i. Alternating quarter shares: 1 parking permit ii. Quarter shares: 1 parking permit, with the option to purchase 1 additional parking permit for $25 iii. 50% or more of all shares: Up to 2 parking permits
B. Commercial Owners will be issued two parking permits per unit in accordance with the unit deed. Commercial owners may not park overnight.
C. OnlyanOwner inresidenceshallbeallowedto parkavehicleintheParkingUnit overnight without the prior written approval of the Executive Board of the Association
D. Issued Parking Permits are non-transferable to other Owners or non-Owners excluding immediate family members. Should an Owner be found transferring their parking permit theywould loseallparking privileges unless theyare in residence at theSteamboat Grand.
3 approved in writing be the Association, which approval may be granted or refused in the sole discretion of the Association.
10. Screens, Awnings, Antennae,andSatelliteDishes. No screen, stormdoor,awning, antenna, satellite dish, or the like shall be attached to or hung from the exterior of any Building and no sign, notice, advertisement, or illumination shall be inscribed in or exposed on or at any window or other part of any Building except such as shall have been approved by the Association, which approval may be granted or refused in the sole discretion of the Association; nor shallanythingbe projected fromanywindow ofany Buildingwithout similar approval.
E. An Owner, member of the family, guest, tenant, or employee of an owner found in the Parking Unit without a parking permit is subject to one warning. After one warning is issued, the vehicle can be booted or towed at the vehicle owner’s expense.
14. No Installation of Appliances. No ventilator or airconditioning unit shall be installed in any Unit, except those constructed or installed at the time of construction of the Unit or any replacements there of made by the Association.
A. Ascertaining compliance of the Unit or the Owner with the Declaration, Bylaws, or Rules and Regulations of the Condominium; B. Ascertainingresponsibilityforanydamagecaused to theUnit,otherUnits,orthe Common Elements; C. Making a determination with respect to matters involving casualty or liability insurance on the Property; D. Making repairs in accordance with the repair responsibilities imposed on the Association under the Declaration or to prevent damage to the Unit, other Units, or the Common Elements; or E. Entering or obtaining access to anyCommon Elements within the Building.
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17. Entry and Inspection. Any director or officer of the Association, and the managing agents employed bythe Association, shall, in the performance of their duties, have the right to enter into a Unit for the Purpose of:
C. The operation or maintenance of a recreational vehicle is not permitted on the Property.
A. The vehicle shall be removed from the property no later than 11am on the day of their scheduled departure.
15. Electronic Equipment. All radios, televisions, and other electronic equipment or appurtenances thereto, of anykind or nature, installed or used in any Unit shall fully comply with allrules, regulations, requirements, or recommendations ofthe underwriter’s laboratories and the public jurisdiction, and the Owner alone shall be liable for any damage or injury caused by any radio, television, or electronic equipment located in such Unit. Volumes shall be maintained at alevelthat does not disturbor interfere with the quiet enjoyment ofthe Hotel by its Owners, guests, or invitees, and the Association shall have the right to require the reduction in volume or removal of such electrical equipment from a Unit of the Association determines, in its sole discretion, that the use of the electrical equipment is disturbing other Owners, guests, or invitees at the Hotel.
A. The PropertyManager provides housekeeping services that includes waste removal, for a fee. Useof the dumpsters without making prior arrangements with the Property Manager is illegal.
16. Garbage and Refuse. Garbage, refuse, and recyclables shall not be kept, stored, or allowed to accumulate on anyportion of the Propertyexcept in areas and in containers designated by the Association for disposal and storage of such garbage, refuse, and recyclables.
B. Sleeping inside of a recreational vehicle is not permitted on the Property.
iii. Advertisements in the Common Elements must meet the standards set by the Managing Agent B. The Managing Agent will designate specific areas for which deliveryvehicles are allowed to perform their services.
20. Signs. No signs of any sort shall be permitted to be displayed by individual quarter share interest, alternating quarter share, or commercial owner other than in areas designated by the Association. This includes all signage that is visible from the exterior of the building.
A. Advertising.i.Deliveryofadvertisementsunderthe Unit doorsareprohibited except for those related to normal Hotel operations.
A. All approved signage by the Association must also follow the Cityof Steamboat Springs Ordinances. B. Owners will be notified of any violation in writing, including the amount of the daily fine if the situation is not remedied within 24 hours of notice.
C. Real Estate sale and open house signs are prohibited on propertywithout the prior written approval of the Executive Board of the Association.
21. Commercial Units.
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19. Pass Keys. TheAssociation or its agents mayretain a pass keyto each Unit. TheOwner shall not alter any lock or install a new lock on any door without the consent of the Association.
Except as given in accordance with this Section, ifanykeyor keys are entrusted byan Owner or byany member of an Owner’s familyor byan Owner’s agent, servant, employee, licensee, or visitor to an employee of the Association or its agents, whether for such Owner’s Unit or an automobile, trunk, or other item or personal property, the acceptance of the keyshall be at the solerisk ofsuch Owner, and neither the Association nor its agents shall be liable forinjury, loss, or damage of any nature whatsoever, directly or indirectly resulting therefrom or connected therewith.
A. There will be a charge by the Association for replacement of lost or stolen plastic keys.
18. Notice of Entry; Emergency Access. Except in the event of emergency and to prevent immediate damage to the Unit, other Units, or the Common Elements, to repair or restore an essential utility service to a Unit, to other Units, or to the Common Elements, any entry into a Unit by the Association or its agents shall be upon reasonable notice and during reasonable hours.
C. External Window Washing will be completed as budgeted bythe Association
E. All owners/tenants of any unit(s) shall be required to get Board approval prior to commencing any commercial business in their unit(s). The Board reserves the right to limit use of unit(s) for anycommercial or retail purpose that the Board determines
ii. Each Commercial Unit owner will be allowed equal advertising space in the Common Area elevators.
D. During the construction period of a commercial unit, the commercial owner must contact the Association for approval of dumpster locations and construction material in Common Elements
i. Commercial Unit Owners will be issued two (2) Full Access Owner Cards. The names of the individuals need to be reported to the Association each year prior to January1st for use.
C. Residential Unit Owners
22. Pool and Fitness Center.
i. Residential Unit Owners will be issued two (2) Full Access Owner Cards. If an LLC entity owns a respective Unit, the LLC will be issue two (2) Full Access OwnerCards. The names of the individuals need to be reportedtotheAssociation each year prior to January1st for use.
B. Commercial Unit Owners
ii. A Residential or Commercial Owner not in residence are allowed to bring a maximum of 4 guests. iii. Additional guests may be permitted with prior written approval of Owner Services.
F. An Owner and their guest(s) are required to follow the rules that are displayed at the Recreational Facilities. Should an Owner or their guest(s) fail to follow the displayed rules theyshall be subject to a fee or further restrictions set bythe Executive Board of the Association G. Alcohol is prohibited in the Recreational Facilities unless purchased from the Managing Agent that holds the liquor license.
E. Children under the age of 16 must be accompanied by an adult over 21 who is in the immediate familyof the Owner.
6 is not in the best interest of the HOA and the Condominium, F. No approvalshall be given without the owners/tenant’s agreement to indemnifythe HOA, provide proof of adequate insurance and list the HOA as an additional insured on its insurance policy. The approval by the Executive Board of the Association shall not be unreasonable withheld.
A. Pursuant to the Declaration, the pool and fitness center (collectively, the “Recreational Facilities”) are Common Elements, appurtenant to Unit ownership during the Use Period, and pursuant to initial licensing by the developer outside of the Use Period. The Association shall be responsible for the administration and operation of the Common Elements, including the management, control, maintenance, repair, replacement, and improvement and shall keep the same in good, clean, attractive, and sanitary condition, order, and repair. In so doing, the Association will issue “Full Access Owner Cards” . The Full Access Owner Cards will have the Owner’s photo, RTP barcode for SSRC discounts, and will contain privileges (keyswipe) for access to the underground garage, pool/fitness center, and owners club/lounge. Owners may also receive “Owner Dependent Cards” for their immediate family(parents and/or children) that will have the RTP barcode and photo but no keyswipe privileges. Accordingly, the Full Access Owner Cards must be used to access the pool/fitness center, etc., and anydependent will be required to show both cards at time of entry.
D. Guestsi. An Owner in residence is allowed guests based on how manypeople the occupied Unit sleeps.
C. An Owner is required to follow the rules that are displayed in the Owner Lounges. Should an owner fail to follow the displayed rules they are subject to a fee and further restrictions given bythe Executive Board of the Association
C. All equipment stored must be well marked with the Residential Unit owner’s name and condominium number.
24. Grand Ski Storage.
F. Each year the equipment at the Grand Ski Storage is marked. Any equipment not touched or used for 1 year is subject to being moved to an additional storage area. That equipment would then be held for an additional 1 year (for a total of 2 years) and then either donated or disposed of, at the Executive Boards discretion.
E. The abilityto store equipment at the Grand Ski Storage is non-transferrable. Should an owner be found allowing non owners, guests, or tenants theywould lose their privilege of storing their equipment in the future.
D. Owner Lounges areavailable forResidentialUnit ownersto reserve forprivate functions for a nominal fee based on availability. Requests need to be made with at least 24 hours notice to Owners Services. A nominal fee may be charged by the Association
H. Access to the pool and fitness center is non transferable. Should an Owner be found transferring their access to the Recreational Facilities theywould lose all privilege unless theyare in residence at the Steamboat Grand.
G. Additional guests would be permitted in the Owner Lounge with prior written approval of Owner Services
G. Residential Unit owners are permitted to store equipment on a first come first service basis, based on the following: Onlydeeded owners and their dependents are permitted to store their equipment. i. Studio 2 spots ii. 1 bedroom 4 spots iii. 2 bedroom 6 spots iv. 3 bedroom 8 spots
23. Owners Lounge/Owners Club
F. An Owner in residence is allowed guests based on how manypeople the occupied Unit sleeps
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A. The Grand Ski Storage is available for Residential Unit owners use only
E. Residential Unit owners are permitted 2 access cards to the owner lounges. They are allowed to bring a maximum of 4 guests.
B. Children under the age of 16 must be accompanied by an adult over 21 who is in the immediate familyof the Owner
A. Owners Lounge/Owners Club are available for Residential Unit owners use only.
D. Storage space is limited at the Grand Ski Storage. The spaces are not pre assigned and are only available on a first come, first serve basis.
B. Residential Unit owners are permitted to store their equipment in the storage area year round. However, the Executive Board of the Association reserves the right to provide notice to Owners that equipment may have to be removed by a given date.
F. This Rule 25 shall also apply to persons designated by Commercial Unit Owners under Rule 21, and the designee’s family members.
A. Owners (both individual and entity) or their family members who are permitted to occupy a Unit or are on the Common Elements or Limited Common Elements for any period of time, who have been charged or cited with any state or federal crime alleged to have been committed while on or in the Common Elements or Limited Common Elements oftheAssociation, shallbedenied access to thesameand their Unit (including, but without limitation, for example, the Garage, Fitness Center, Pool, Ski Storage, First Tracks, Owners Club and Owners Lounge, and so forth) for a period to run concurrent with the final disposition of the criminal charge or citation and as further provided by this Rule.
B. After notice thereof has been made, an assessment of five hundred dollars ($500.00) per occurrence of such conduct will be assessed to the Unit and Owner jointly pursuant to the Declaration. The Unit Owner will be responsible for all legal costs and expenses associated with the conduct. This assessment does not waive any other rights or remedies that may be available to the Association pursuant to the Declaration.
J. Access to the Grand Ski Storage is onlyavailable during the ski season.
25. Suspension of Use of Common Elements and Grounds/Crimes on Property.
C. Upon an occurrence of an event described in Part A of this Rule 25, Unit Owners or their family members shall be denied participation in the Space Available Program for a concurrent period.
D. In lieu of the fixed assessment(s) described in Part B of this Rule 25, the Owner may elect to assign his interest in the Unit to the Association for any purpose described in the governing documents, and for placement for treatment under the then-applicable Rental Management Agreement, subject to acceptance by the Manager, for the pendency of the criminal proceedings, terminating upon the latest of acquittal, dismissal of charges, or release from jurisdiction of the applicable court or Departments of Law or Corrections, Probation, or termination of a term of deferred prosecution. Owner shall continue to be responsible for all assessments and fees that are not recouped by the Unit’s participation the Rental Management Agreement, pursuant to the Declaration.
E. During the pendency of any period of time indicated in this Rule 25, an Owner subject to this Rule may make a written request to the Board seeking an appeal or exemption from this Rule, or for an early release from the provisions thereof, which may be granted by the Board for good cause. At the discretion of the Board a hearing maybe granted to consider the relief requested.
8 v. 4 bedroom 10 spots vi. 3 bedroom penthouse 10 spots vii. 4-bedroom penthouse 12 spots viii. 5 bedroom penthouse 14 spots
H. Owners are asked to only store equipment that is being used on a frequent basis due to limited storage.
I. Any equipment stored at the Grand Ski Storage that may become lost, misplaced, or stolen is not the responsibilityof the Association.
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27. Street Level Parking. Street level parking is available for customers of the street level commercial units for a maximum of 15 minutes per time.
26. Collection Policy
C. At the end of the first month of the quarter, a 1.5% interest fee is charged on all balances over 30 days old. A statement will be mailed. One late fee will be waived for owners whohaveneverbeenlatebefore. Ifthebalancedue isequaltoor greaterthantheamount of the quarterlybilling, a past due reminder letter will be mailed.
F. Owners who are sent a past due collection letter will be offered a 6 month payment plan. Therewill bea$100.00 set upfee, a$25.00 permonthcompliance fee,plus 1.5%interest on balances over 30 days old during the 6 month period.
28. Lockers. A. Lockers in the Slopeside Owners Lounge are available on a first come, first served basis, for residential unit owners to rent from Steamboat Ski & Resort Corporation based on the Owners’ Club License Agreement.
B. Lockers in the underground parking are available on a first come first served basis, for rent from the Association.
29. Reservation Fee. A reservation fee is charged to an Owner when they are occupying a Unit at the Steamboat Grand. The amount of the reservation fee will be distributed to owners on anannual basis. The feewillbecollected bytheManaging Agent on behalfof theAssociation at time of departure from the Unit. The Association will use the revenue to offset the cost of the Front of the House services charged bythe Managing Agent.
30. Real Estate Access to Condominiums. A potential buyer of a Unit must be accompanied by a Real Estate Broker at all times. The real estate broker is required to
D. At the end of the second month of the quarter, a 1.5% interest fee is charged on all balances over 30 days old. A statement will be mailed. A 60 day past due demand for payment letter will be mailed and a $50.00 collection fee will be assessed. The Owner’s Unit will be placed on the Rental Income Transfer program.
A. The quarterly assessment for dues and replacementreserve is sentout by the Property Manager or designee on the first business day of each calendar quarter. Payment is due at that time.
G. If an Owner decides to not sign up for the payment plan, or fails to comply with the payment plan, the account will be turned over to the Association’s attorneyto pursue all available remedies indicated in the Governing Documents. The Owner will be billed 100% of the attorney’s fees and other collection costs.
B. There will be a $25.00 fee charged on all returned items regardless of the method of payment. This includes, but is not limited to, insufficient funds, closed bank accounts, and cancelled credit cards.
E. At the end ofthe third monthofthe quarter, a 1.5%interest fee is charged on all balances over 30 days old. A statement will be mailed. A 90 day past due demand for payment letter will be mailed and a $50.00 collection fee will be assessed.
31. Fines.
E. The Property Manager shall send to the owner a Notice of Determination of the factfinding process. The notice will include the amount of the fine and when it will be assessed. The fine will double with each subsequent Notice of Determination for the same violation. Unpaid fines will be treated just like any other unpaid assessment, and will constitute a lien on the property.
32. Appeals Process. If an Owner feels that any of these rules have been unfairly enforced against them, theyare encouraged but not required to filean appeal with the Executive Board. Written appeals must be received within 30 days of the owner being notified of the violation ortheassessmentofa fine,whicheverislater, bythePropertyManager. ThePropertyManager will be given a copy of the appeal and will either waive the violation, or develop a rebuttal which will be presented along with the written appeal at the next Executive Board meeting. The Owner will be notified of the date of the meeting, and mayattend in person if so desired. No fine on appeal will be assessed to an Owner until the Executive Board has made a Final Determination of the appeal. In the written appeal the owner must restate the rule in their own words, which may clarify the misunderstanding, and then statethe facts ofthe matter and whytheythink the rule should not apply. The appeal and rebuttal will be reviewed at the next regularly scheduled Executive Board meeting, and the determination will be included in the minutes of that meeting. The owner will also be notified of the determination directlyby the President of the Board.
C. If, as a result of the factfinding process of the impartial decision maker, it is determined that the Unit Owner should not be held responsible for the alleged violation, no costs or attorney fees incurred in asserting or hearing the allegation shall be assessed.
A. In addition to anypenalties listed above, the Association may assess monetary fines for violations of these rules. Written notice will be provided and the owner will be given an opportunity to remedy the violation or to be heard regarding the violation before a fine is assessed.
10 sign in at the Front Desk prior to accessing a Unit. The Unit cannot be shown if it is occupied bya guest or owner.
B. Prior to the assessment of a fine, the Property Manager shall refer the violation to an impartial decision maker concerning whether the alleged violationactually occurred and whether the unit owner is the one who should be held responsible for the violation. The owner will receive notice of the referral and be provided an opportunity(1) to be heard on the matter, and/or (2) to remedythe violation.
D. If, as a result of the factfinding process, it is determined that the Unit Owner should be held responsible forthe alleged violation, the finewill becharged to theowner’s account pursuant to the governing documents.
11 33. Record Requests.
C. Pursuant to CRS 38 33.3 317(3) and (3.5), records shall be withheld if they concern architectural drawings, plans, and designs, unless released upon the written consent of the legal owner of the drawings, plans, or designs; contracts, leases, bids, or records related to transactions to purchase or provide goods or services that are currently in or under negotiation; communications with legal counsel that are otherwise protected by the attorney-client privilege or the attorney work product doctrine; disclosure of information in violation of law; records of an executive session of an executive board; individual units other than those of the requesting owner; personnel, salary, or medical records relating to specific individuals; or personal identification and account information of members and residents, including bank account information, telephone numbers, electronic mail addresses, driver's license numbers, and social security numbers.
A. Meeting minutes, newsletters, the governing documents, and certain other information is available on the Association’s website. Any Owner seeking records not posted on the Association’s website must comply with the procedure set forth below in Paragraph D.
D. Should any Owner wish to inspect and copy the Association’s records, the Owner shall submit a written request to the Secretary of the Association’s Executive Board, describing with reasonable detail the record(s) sought. The Owner shall sign a Records Request Agreement prior to the Secretary processing the request. Within five (5) business days of the request, provided that the records sought are proper and permissible under Paragraphs (B) and (C) above, the Secretary of the Association’s Executive Board shall forward a copy of the requested record(s) to the Owner. The Secretary of the Association’s Executive Board mayimpose a reasonable charge for the labor and material expended in complying with an Owner’s records request, but need not do so for routine requests. Any charge will be based on the Hotel’s standard copying fees and Owner’s Services Representative’s hourly rates, and will be billed to the Owner’s account. The owner will be provided an estimate of this charge prior to preparation and delivery of the documents, if the Secretary in his/her discretion decides it is reasonable to impose a charge for an extraordinary request.
B. Pursuant to the Colorado Common Interest Ownership Act and the Second Amended Bylaws, the Association shall make its records available for inspection and copying by Owners. “Records” shall mean those written documents required to be kept by the Association pursuant to CRS 38 33.3 317(1)(a) (p). Pursuant to the Second Amended Bylaws Section 12.4, “records” shall also include a Roster with the name and physical mailing address of each Owner.
E. This rule shall supplement and supersede any other provision regarding record requests, unless any other provision is authoritative as a matter of law. These procedures may be updated in the future as the Association Executive Board deems appropriate, or as required by changes to governing law.