Colonia Verde HOA

Key facts from Colonia Verde HOA's documents

Reflects the 2017 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (HOA) (Colonia Verde Homeowners Association as )

Governing law

Arizona state statutes (References to 'Arizona statutes' in the )

Assessments & dues

Total annual income for 2016 was $426,722; total expenses $403,682; net income ~$23,000. Per-homeowner monthly fee for PMG services is $8.00. (January 2017 Board Meeting minutes (Febr)

Reserves & fees

Long Range Fund exists; referred to as 'long range fund projects' and 'Long Range Funds: 2008-2038' (February 2017 Board Meeting minutes (Mar)

Pets

Animals are regulated under CC&Rs Article XI; no outright prohibition mentioned (February 2017 issue, page 7: 'animals' l)

Leasing & rentals

Leases are regulated under CC&Rs (implied by mention of 'leases' in Use Restrictions) (February 2017 issue, page 7: 'leases' un)

Parking & vehicles

RV parking lot exists; possible future use includes RV parking, park, or garden. Survey being sent to community. (April 2017 issue, page 5 (Lot Survey Com)

Architectural approval

Architectural Committee (ARC) must approve changes; requests submitted to ARC or PMG (Multiple: January 2017 issue shows list )

Home business

Prohibited under Use Restrictions (Article XI of CC&Rs) (February 2017 issue, page 7: '...busines)

Signs & flags

Regulated by CC&Rs Article XI (mentioned alongside flags, etc.) (February 2017 issue, page 7: '...signs, )

Maintenance

Association responsible for common property including landscaping, utility enclosures, pathway lighting, etc. Homeowner responsible for interior and exterior of their home (insurance required). (Various: PMG supervises repairs on commo)

Insurance

Homeowners required to provide current insurance policy to the HOA; those delinquent are contacted by PMG. (February 2017 issue, page 2 (Insurance R)

Use restrictions

CC&Rs Article XI includes Use Restrictions, which cover animals, antennas, business activities, garage sales, clotheslines, signs, flags, etc. (February 2017 issue, page 7: 'Perhaps th)

Voting & meetings

Homeowners elect Board members at annual meeting (Annual Association meeting February 6, 2)

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