Cooper Pond Highland Pk Homeowner's

Key facts from Cooper Pond Highland Pk Homeowner's's documents

Reflects the 2002 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Cooper Pond Homeowners Association

Units / lots

Not explicitly stated; subdivision contains multiple lots, including Lots 1 and 1 from referenced plat (Exhibit A and Article III, Section 2 (fo)

Developer / declarant

RIDGE ROAD, L.L.C., an Illinois limited liability company, and KENNETH A. and BEVERLY ANN COOPER, individuals

Governing law

Illinois General Not-For-Profit Corporation Act (Article I, Section 2)

Assessments & dues

Initially maximum $1,000 per Lot sold by Developer; thereafter set by Board budget; paid in two installments due January 1 and July 1 (Article V, Section 3(a), (b), (c))

Special assessments

May be levied for capital improvements or other purposes; requires consent of four (4) Members voting in person or by proxy at a meeting; levied equally per lot (Article V, Section 3(e))

Collections & liens

Unpaid assessments become a continuing lien on the Lot; Association may foreclose; also a personal obligation of the owner at time assessment was levied (Article V, Section 1; Section 5)

Reserves & fees

Board shall establish and maintain reasonable reserves for contingencies and replacements; initial lot purchasers from Developer pay 6 months of assessments at closing to be set aside in reserve fund (Article V, Section 3(f))

Pets

Yes, but must be leashed when in Common Area; no nuisance or unreasonable disturbance; owners must clean up after pets (Article VIII, Section 1)

Parking & vehicles

Not explicitly stated; but long-term storage of any vehicle outside garage not permitted (Article VIII, Section 4)

Fences

Fences allowed subject to City of Highland Park restrictions and approval of the Association; sight distance limitations at street intersections; height limited between two and six feet? (see sight distance language) (Article VIII, Section 6)

Architectural approval

Yes, for detached accessory buildings (e.g., detached garages, storage buildings, swimming pool accessory buildings, dog runs, fences); Architectural Review Committee mentioned (Article VIII, Section 9; Section 13; Sec)

Home business

Prohibited (no part of property shall be used for business purposes) (Article VIII, Section 8)

Maintenance

Association: maintenance of Common Areas (including front entryway, walkways, signs, lights, storm water systems, landscaping); Owner: maintenance of own Lot; if Owner fails, Association may perform and charge cost to assessment (Article VII)

Insurance

Board may obtain insurance for Common Areas against fire, vandalism, extended coverage; also D&O liability, comprehensive liability, workers' compensation (Article X, Section 1)

Use restrictions

Lots are for single-family residences; no manufacturing, industrial or business purposes permitted (Article I, Section 6; Article VIII, Sect)

Voting & meetings

Class A: each Owner (except Developer) 1 vote per lot; Class B: Developer 5 votes per lot until 4 lots sold, then 1 vote per lot; multiple owners of a lot share 1 vote (Article III, Section 3; Article IV, Sect)

Amendments

Requires instrument signed by not less than 80% of Owners, recorded; amendments affecting certain articles also require prior written approval of City; initial term 20 years, auto-renew 10 years unless 80% vote to terminate (Article X, Section 5)

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