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RES 2026-06 Authorizing Consent to Conversion of Apartments to Condos in Clubhouse Unit 4 AdoptedRESOLUTION NO. 2026-06 A RESOLUTION AUTHORIZING THE CITY, AS THE OWNER OF UNIT 2 OF THE CLUBHOUSE AT RIVERSIDE VILLAGE CONDOMINIUM HORIZONTAL PROPERTY REGIME, TO PROVIDE ITS WRITTEN CONSENT TO ALLOW THE OWNER OF UNIT 4 OF THE CLUBHOUSE AT RIVERSIDE VILLAGE CONDOMINIUM HORIZONTAL PROPERTY REGIME TO CONVERT APARTMENTS IN SUCH UNIT 4 TO CONDOMINIUM UNITS WHEREAS, the City of North Augusta, South Carolina (the “City”) is the owner of Unit 2 within the horizontal property regime established by that Master Deed for the Clubhouse at Riverside Village Condominium Horizontal Property Regime dated December 15, 2017, and recorded December 15, 2017, in the Office of the Aiken County Register of Deeds in Book 4697, Pages 788-855 (the “Master Deed”); and WHEREAS, Biofuel Riverside, LLC, a South Carolina limited liability company (“Declarant”), is the owner of Units 1, 3 and 4 within the horizontal property regime established by the Master Deed and is the declarant under a proposed Master Deed for the Clubhouse at Riverside Village Residences Horizontal Property Regime (the “Residential Condominium Deed”); and WHEREAS, Declarant has duly incorporated Clubhouse Residences Condominium Association, Inc. as a nonprofit membership corporation under the laws of the State of South Carolina (the “Association”); and WHEREAS, Declarant desires to create a horizontal property regime and submit the Property, as defined in the Residential Condominium Deed, to the condominium form of ownership pursuant to the provisions in the Horizontal Property Act, South Carolina Code of Laws, (1976), Section 27-31-10 et seq., as amended, and has requested that the City join with the Association and the Declarant in consenting to the conversion of the apartments currently comprising Unit 4 under the Master Deed to condominium units; and WHEREAS, the Mayor and City Council have considered Declarant’s request for written consent and deem it to be advisable and in the City’s best interest to authorize officers of the City to execute such consent, so long as such consent (a) provides that the City makes no representation or warranty as to the validity of the conversion to the condominium form of ownership and has no obligation to ensure that the necessary documents, instruments or approvals are obtained in order to effect such conversion and (b) acknowledges that the property subject to the Residential Condominium Deed is subject to the assessment lien imposed on real property within the Ballpark Village Municipal Improvement District (the “MID”) created by Ordinance 2016-23 adopted by the City Council of the City on February 6, 2017. NOW, THEREFORE, BE IT RESOLVED by the Mayor and City Council of the City of North Augusta, in a meeting duly assembled and by the authority thereof, that: 1. The City Administrator is hereby authorized to execute, on behalf of the City, as the owner of Unit 2 under the Master Deed, a written consent to the conversion of the apartments currently comprising Unit 4 under the Master Deed to condominium units, as provided in the Residential Condominium