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DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS
OF
HIDDEN POINTE
Homeowners Association

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the material submitted. The Committee may require a reasonable fee to accompany each application for approval. The Committee may require such detail in Plans and specifications submitted for its review and such other information as it deems proper. Until receipt by the committee of all required Plans and specifications and other information, the Committee may postpone review of anything submitted for approval. Upon certified receipt and acceptance by the Committee of all required Plans and specifications and other information, the Committee shall have thirty days in which to approve or disapprove such Plans and specifications in writing. If the committee fails to approve or disapprove properly submitted Plans and Specifications within such thirty-day period, the submitted Plans and specifications shall be deemed to have been disapproved.

5.4 Meetings of the Committee: The committee shall meet from time to time as necessary to perform its duties hereunder. The Committee may from time to time by resolution unanimously adopted in writing designate one of its members to take any action or perform any duties for and on behalf of the Committee, except the granting of variances pursuant to section 5.10. In the absence of such designation, the vote of the majority of all of the members of the Committee, or the written consent of a majority of all of the members of the Committee taken without a meeting, shall constitute an act of the Committee.

5.5 No Waiver of Future Approvals: The approval or consent of the committee to any Plans or Specifications for any work done or proposed or in connection with any other matter requiring the approval or consent of the Committee, shall not be deemed to constitute a waiver of any right to withhold approval or consent as to any Plans or specifications or other matter whatever subsequently or additionally submitted for approval or consent by the same or a different Person.

5.6 Compensation of Members: The members of the committee shall be entitled to reasonable compensation from the Association for services rendered, together with reimbursement for expenses incurred by them in performance of their duties hereunder, such compensation shall be determined by Declarant while it has the right to approve or disapprove the members of the Committee pursuant to section 5.1 above and thereafter by the Board.

5.7 Inspection of Work: Inspection of completed work and work in progress, as well as correction of defects in such work, shall be performed in accordance with rules established, from time to time, by the Architectural Review Committee concerning such matters.

5.8 Non-Liability of Committee Members: Neither the Committee nor any member thereof nor the Board nor any member thereof shall be liable to the Association or to any Owner or to any other Person for any loss, damage or injury arising out of or in any way connected with the performance of the committee's or the Board's respective duties under this Declaration unless due to the willful misconduct or bad faith of the Committee or its member or the Board or its member, as the case may be. Except insofar as its duties may be extended with respect to a particular area by a Declaration filed by Declarant or by Declarant and a Developer, as the case may be, the Committee shall review and approve or disapprove all Plans and Specifications submitted to it for any proposed improvement, including the construction, alteration or addition thereof or thereto, solely on the basis of aesthetic considerations and the overall benefit or detriment which would result to the surrounding residential area and the Property generally. The Committee shall take into consideration the aesthetic aspects of the architectural designs, placement of buildings, landscaping, color schemes, exterior finishes and materials and similar features, but shall not be responsible for reviewing, nor shall its approval of any Plans or Specifications be deemed approval thereof from the standpoint of structural safety, engineering soundness, or conformance with building, zoning or other codes. (continued next page)

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Castle Pines North Homeowners Association
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