Loma Linda

Key facts from Loma Linda's documents

Reflects the 2000 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Road Maintenance Association (Article I.1 defines Association as Loma )

Developer / declarant

Coronado Ridge Development Corporation

Assessments & dues

Directors adopt annual budget at least 60 days before calendar year based on estimated costs of maintenance, repair, replacement, management, operation of Roadways; insurance premiums; services; supplies; and may include operating capital a (Article II Sections 3 and 4, pages 4-5)

Special assessments

Authorized with assent of 67% of total votes of membership for general purposes; 74% for paving (excluding oiling or chip sealing). (Article II Section 3.b, page 5)

Collections & liens

Annual and special assessments are a continuing lien on each Lot. Association may bring action at law against Owner or foreclose lien in manner of mortgage foreclosure under Arizona law. Lien subordinate to first mortgage/deed of trust; for (Article II Sections 6 and 7, pages 6)

Reserves & fees

Budget may include a reasonable amount for operating capital and reserve funds for contingencies and replacement. (Article II Section 3.a and Section 4, pa)

Insurance

Comprehensive general liability insurance covering death, bodily injury, property damage arising from use of Roadways or Association's performance. Coverage not less than $1,000,000 per injury to one person, $1,000,000 per injury to more th (Article II Section 8.b, page 6)

Voting & meetings

Class A members (all Owners): 1 vote per 1/4 acre per lot, rounded to nearest whole number (up if decimal >0.50, down otherwise). Multiple owners must designate one voter. Class B member (Declarant): 3 votes for each Class A vote represente (Article II Section 1, pages 3-4)

Amendments

Requires consent of Owners of 74% of total votes of membership, expressed by written instrument duly recorded. Declaration runs for 20 years from recording (2000-10-16) then automatically extended for successive 10-year periods unless amend (Article IV Section 3, pages 7-8)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.