1.1. The purpose of these rules and regulations is to establish a more timely completion schedule for new home and remodeling construction that enlarges the existing structure’s footprint in accordance with the Covenants and Restrictions.
2.1. From the time of the start of tree removal to the completion of the exterior shall not exceed the expected date of completion as submitted. Exterior completion includes, but is not limited to, all painting, driveway paving, landscaping, and site clean-up.
2.2. From the time of the start of tree removal to the date of the Big Canoe issued Occupancy Permit shall not exceed eighteen months unless otherwise coordinated.
3. Dwelling Assessments
3.1. POA fees will switch from a lot assessment to a dwelling assessment eighteen months after the start of construction or at the issuance of the Big Canoe Occupancy Permit, whichever comes first.
4.1. Exceptions may be granted in cases of extreme hardship due to strikes, labor shortages, fires, national emergency, or natural calamities, houses/lots of extraordinary size/complexity, and/or delays that are beyond the reasonable control of the builder including non-payment by owner. All exceptions must be made in writing.
4.2. Extension can be granted for exceptional circumstances.
5.1. Builders who do not meet the timeline may not begin another project until all of their current projects are on track for timely completion.
5.2. The Surety Deposit may be claimed and utilized by the POA to make progress towards completing the exterior of a home. This option may be chosen at the discretion of the POA, in consultation with the homeowner. If claiming the deposit is deemed necessary, it may be considered a triggering event that would exclude the Builder from starting any new home construction or remodeling projects in Big Canoe for a period of 5 years, after which time the builder would have to re-qualify as an Active Builder prior to soliciting additional work in Big Canoe.
5.3. Exceptions may be granted in accordance with 4.2 above. All exceptions must be made in writing.