One Bear Creek

Key facts from One Bear Creek's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned community (HOA) - defined as association of unit owners for a planned community under Colorado Statute (Recital 2: 'association of unit owners a)

Legal name

One Bear Creek Homeowners Association

Governing law

Colorado Revised Statute 38-33.3-217 (Page 3, near signature: Colorado Revised)

Special assessments

Board may levy special assessment for (a) unbudgeted maintenance, repair, replacement, improvement of Association Property; (b) supplement reserve fund; (c) operating deficit, loss, unbudgeted expense/cost; (d) fees and expenses of manageme (Section 6.7 and Proposed Policy (pages 3)

Reserves & fees

Association shall establish adequate reserve fund for maintenance, repair, replacement of Association Property and insurance deductibles; funded through monthly assessments and/or special assessments (Section 6.4)

Maintenance

Concrete drives: Owner responsible for maintenance, repair, and replacement (amends Section 9.1). Association no longer maintains concrete driveways and walkways on Lots (strikes sentence from Section 5.6). Owners remain responsible for lan (Sections 5.6 and 9.1 as amended (page 2))

Voting & meetings

Amendment requires approval of Owners of at least 67% of votes entitled to be cast under the Bylaws (Article 14.0 of Declaration (Recital 4) )

Amendments

Article 14.0 allows amendment upon approval of 67% of votes; amendment memorialized by recorded written instrument; becomes effective after approval and recording (Recital 4 and page 3)

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