To promote the health, safety and welfare of the residents within the boundaries of that certain real estate development situated in gladwin county, michigan, commonly known as "sugar springs- and such additions therto as may hereafter be brought within the jurisdiction of this corporation by annexation, hereafter referred to as "the properties- and for this purpose to: (a) provide for the protection of the values, amenities and qualities in the development and for the maintenance, improvement, policing and preservation of common properties (grounds or open space, trails, recreational facilities and the like); (b) supplement municipal services; (c) FIX assessments to be levied against the properties; (d) enforce ANY and ALL covenants, restrictions and agreements applicable to the properties; and, (e) pay taxes, if ANY, on the common properties; and, (f) insofar as permitted by law, to do ANY other thing that will promote the common benefit and enjoyment of the residents of the properti