Orchard Park HOA

Key facts from Orchard Park HOA's documents

Units / lots

247 (233 standard lots plus 14 Enclave lots) ("Association Fee Income - Enclave 14 Lot)

Assessments & dues

2019: $700, 2020: $700, 2021: $750, 2022: $750, 2023: $750. ("Annual Dues = $700" (2019,2020), "Annua)

Special assessments

Proposed $1,000/lot in 2021, amended to $400/lot for 2022. Collections: $97,899.63 for 2022 special assessment. ("one-time special assessment of $1,000/l)

Reserves & fees

Underfunded by approx. $100,000 relative to target of one year's operating expenses. 2022 special assessment of $400/lot deposited into Capital Reserve fund at First Bank & Trust. ("approximately $100,000 shy of that pref)

Maintenance

Enclave Committee manages all aspects of The Enclave (lots 162-175) including gates, fountain, masonry walls, guard shack, signage, street maintenance, water well. Board continues to pay for property insurance, management, lighting supplies (Enclave Organization section: "The respo)

Voting & meetings

Voting Members are defined in Bylaws. Quorum based on percentage of Voting Members. ("Voting Members" in Ballot Issue 2 (2021)

Amendments

Bylaws amended by membership vote. Article Fourteen Section 4 amended to change quorum (Ballot Issue 2). Also Article Six, Section 1 amended to add Enclave director requirement (Proposition 1 in 2022). Referenced Bylaws sections: Article Fo ("Amend Article Fourteen Section 4 of the)

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