Other Provisions and Changes
Another provision made a part of the June 1915 Agreement was that all
restrictions and conditions of Lafayette Place, as platted and recorded, were to continue in full force and effect until January 1945. At that time, these
conditions could be continued, changed or abolished by the owners of lots if two thirds of the resident owners signed an agreement or resolution to that effect and that such signers to the extension, changes or abolishment numbered no less than 50. The Agreement properly signed was then to be recorded in the Recorder's Office of Allen County to be valid and binding on the Seller and Owners of lots and upon all others.
The instrument extending most of the conditions and restrictions of the Agreement between Lafayette Place Company and Lee J. Ninde, was signed on January 19, 1915, by over two thirds of the resident owners of lots in Lafayette Place Addition as required by the above mentioned 1915 Agreement. The Agreement was recorded December 30, 1944 at 11:00a.m. with certain changes, otherwise leaving the same conditions of the 1915 Agreement in full force and effect upon all lots in Lafayette Place Addition.
The most important change in the 1944 recording of the conditions and
restrictions applying to lots in Lafayette Place Addition was that no time limit was placed on them and stated that all conditions and restrictions "shall be valid and binding and continue in full force and effect forever." (Recorded December 30, 1944.) An amended Lot Owner's Agreement properly signed by the required two thirds of the resident low owners in Lafayette Place Addition, provided that all lots in the Addition are subject to an annual maintenance fee of $15. By a resolution of two thirds of its Board of Directors and ratification of those resident owners by a simple majority present at the Annual Meeting, the maintenance fee could be recodified for a specific or indefinite period. The maintenance charge is never to be less than $5 unless two thirds of the resident property owners sign an agreement or resolution, which be valid and binding upon sellers, owners of all lots and upon all other persons. The above amendment was recorded February 23, 1980 by Instrument No. 80-04581.
The Association installed a neighborhood marker at Marquette and South Calhoun in 1983. And in 1994, in cooperation with the Foellinger Foundation,
the gazebo and surrounding garden areas were built as a lasting legacy to the city in celebration of the Bi-Centennial.
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