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SSb6 <br />following paragraph must be conspicuous~.y displayed on the <br />first page of each copy o~f the condoma:nium instrument package: <br />THE CITY OF EUGENE HAS RECEIVED THE <br />CoNDOMI~NI~UI~ TNS~TRUN~ENTS~ FQR FILING ON <br />THE CITY HAS REVIEWED <br />THE C~~JNDON~~~N~U1~ Z~~TSTRUI~ENTS FOR CON~PLI- <br />ANCE WITH. TAE RESI~DHNT~~AL C4NHC~~TNIUM~ <br />CODE PRO'~IST'O~~ OF THE EUGENE CODE, 1971, <br />HUT ASSUMES NO LfiA~ILI~TY FoR THE PROJECT <br />OR THE DECLI~RANT' S ACTfiONS 0~, FAILURE T4 <br />ACT. <br />:.5 Resa~,e of units . In the event of a resale of a <br />unit or share by a unit or share owner, other. than a developer, <br />the unit or share owner shall furnish to the purchaser, before <br />execution of any contract for sale a~ the unit or share or <br />otherwise before conveyance, a copy of .the condominium instru- <br />ments, the declaration, the bylaws, the rules and regulations <br />of the association or cooperative, and a certificate containing: <br />~.a~ A statement disclosing the effect on the <br />proposed disposition of any righ~~ of first refusal <br />or other restraint in the free alienability of.the <br />unit; <br />~.b~ A statement setting forth the amount of <br />the monthly common expense assessment and.any unpaid <br />common expense or special assessment currently due <br />and payable from the selling unit or share owner; <br />~c~ A statement of any other fees payable by <br />unit or share owners; <br />~d~ A statement of any capital expenditures <br />proposed by the association or cooperative for the <br />current and two next succeeding fiscal years; <br />~:e~ A statement of the amount of any reserves <br />designated by t~~e association or cooperative far any <br />specified projects; <br />~f~ The. most recent regularly prepared balance <br />sheet and income expense statement, if any, of the <br />association or cooperative; <br />~_g~_ The current operating budget of the associ- <br />ation or cooperative; <br />~h~ A statement of any judgments against the <br />association or cooperative and the status of any <br />pending suits to which the association pis a party; <br />~i~ A statement describing any insurance cov- <br />erage provided far the benefit o~ unit or share <br />owners; <br />~,.j~_ A statement as to whether the executive <br />board has knowledge that any alteration or improve- <br />ments to the unit or to the limited common elements <br />Ordinance - l9 <br />