The Bolt Factory Lofts Association is located at 209 Kalamath in Denver Colorado, it consists of 1 building, and developed in one phase. The Complex has no residential space and units are held in fee simple. The Association was formed in ___________ after the buildings were completed as commercial space.  The developer is in the process of turning control of the Association over to an elected body of association members. The Board will consist of __ Members that will be elected or appointed to serve the entire Membership.

The Members are responsible to pay Association fees, these fees currently range from $95.00 to $241.00 per month. The Association provides the following: Common Area Insurance, Water, Common Area Utilities and Maintenance to the Common Areas. If necessary, fees may be adjusted to cover the Associations operating budget.  Additionally, from time to time a Special Assessment may be imposed to the Members to cover Capital improvements or other needs the Association might have.

A charge of $120.00 is assessed as a transfer fee for each time a unit is sold or refinanced.  Capital Reserves held by Owners should be collected from the Buyers at time of sale and credited to the Seller. The amount of the reserves should be obtained by the Seller from their settlement sheet.

The Associations fiscal year ends on December 31st of each year