THE BROWNSTONES
3300 Park Avenue Condominium Association, Inc..
North Bridgeport, Connecticut
GOVERNING LAWS OF THE CONDOMINIUM
The Common Interest Ownership Act | COIA is the governing law for 3300 Park Avenue Condominium. Below is a summary of the three (3) primary Connecticut laws that govern Condominiums within the state:
* UNIT OWNERSHIP ACT (Law that Governs Condominiums created before 1977)
* CONDOMINIUM ACT (Law that Governs Condominiums Created From 1977 through 1983)
* COMMON INTEREST OWNERSHIP ACT | COIA (Law that Governs Condominiums Formed After December 31, 1983)
Additionally, there have been four (4) directly related acts adopted since COIA, summarized below:
1. An Act Concerning Amendments to the Uniform Common Interest Ownership Act
2. An Act Concerning the Common Interest Ownership Act
3. An Act Concerning Executive Boards of Directors Elections of Condominium Associations and Changes to the Common Interest Ownership Act
Finaly, you may find Connecticut Law on Condos useful.
SIBT LOAN DOCUMENTS
The $225,000 loan to SIBT has been repaid. For historical reference, on June 25, 2015, the 3300 Park Avenue Condominium Association refinanced and entered into a new $225,000 loan with Savings Institute Bank and Trust (SIBT). for completion of various capital improvement items within the condominium. Herein are the respective loan documents:
2 -Assignment of Common Charges & Assessments.pdf
3 - Security Agreement & Absolute Assignment of Income.pdf
4 - UCC Financing Statement.pdf
5- Certificates of Insurance.pdf
7 - Designation By Agent Form.pdf
insurance POLICY
Annually, the Board of Directors renews the insurance policy for the condominium association. The Association's current Evidence of Insurance & Declaration Page is noted in PDF format below.
If you need a unit specific Insurance Certificate the Association's insurance agency is Fairfield County Bank Insurance Services, LLC. Please contact either: Jean Craemer [203-894-3118 | jean.craemer@fcbins.com] or Scott Cronin [203-319-7042 | scott.cronin@fcbins.com]
RESERVE STUDY
On June 7, 2016 the Association's Board of Directors commissioned an updated Reserve Study for the benefit of the Association. A PDF copy of the updated reserve study from Reserve Advisors, and its predecessor is below:
ASSOCIATION MEMBERS
Attached herein is a PDF copy of the Association's Directory of its Members
DECLARATION, Bylaws, and RULES
In August 2011, 3300 Park Condominium Association approved a major overhaul of its Declaration, Bylaws and Rules & Regulations; which had not been updated since incorporation in 1983. PDF copies of the amended document is below:
3300 PARK - Amended Bylaws-Declaration-Rules (August 18, 2011)
3300 PARK - Amended Bylaws-Declaration-Rules (Filed BK: 8468 | PG: 249)
3300 PARK - Rules & Regulations (Adopted 08-18-2011)
Collection & Foreclosure Policy (Adopted 04-21-2011 & 04-01-2015)
Internal Financial Control Policy (Adopted 05-20-2014)
RULES - Parking Policy (Vehicles & Traffic Only)
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