THE NEIGHBORHOODS OF

THE NEIGHBORHOODS OF THE ACTIVITY IS YEAR ROUND MAINTAINENANCE AND IMPROVEMENT OF THE COMMON AREAS WITHIN THE MASTER PLANNED DEVELOPMENT, INCLUDING LANDSCAPING, TREES, PARK FEATURES, HIKING & BIKING TRAILS, WATER & ART FEATURES, DOG PARKS, RESTROOM FACILITIES, AND PICNIC AREAS.THE ACTIVITY IS CONDUCTED BY THE NEIGHBORHOODS OF CYPRESS WATERS ASSOCIATION, INC.THE ACTIVITY IS CONDUCTED AT THE 1,300 ACRE DEVELOPMENT IN DALLAS, TEXAS.100 PERCENT OF THE ASSOCIATION'S TIME IS ALLOCATED TO THE ACTIVITY.THE ACTIVITY IS FUNDED BY FEES BILLED TO THE PROPERTY OWNERS FOR EACH OWNER'S PERCENTAGE SHARE AS CALCULATED PURSUANT TO THE COVENANTS, CONDITIONS AND RESTRICTIONS.THE ACTIVITY OF MAINTAINING THE PARK SPACES AND TRAILS BENEFITS THE GENERAL PUBLIC, HOME OWNERS, AND BUSINESS OWNERS THAT LIVE OR WORK IN THE NEARBY AREAS. THE PARK AREAS BECOME GATHERING PLACES THAT ATTRACT PEOPLE FROM THROUGHOUT DALLAS AND THE SURROUNDING AREAS.