Grand Dominium by Del Webb Community

Key facts from Grand Dominium by Del Webb Community's documents

Reflects the 2012 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

homeowner association (Throughout; purpose stated as 'age-restr)

Legal name

Grand Dominion by Del Webb Community Association

Governing law

Common Interest Community Association Act (CICAA), 765 ILCS 160/1-20, as amended (Recitals, Page 1-2; Section 2.5, Page 4 )

Age restriction

Yes, community is age-restricted for adults fifty-five (55) and older. (Section 1.4 (Page 3))

Assessments & dues

Board prepares annual budget, adopts it, and establishes each Owner’s share of Common Expenses, Limited Common Area Expenses, Neighborhood Expenses. (Section 3.18(a) (Page 11); Section 3.21 )

Special assessments

Board may levy separate or special assessments; notice of meeting for adoption within 10 to 60 days prior. (Section 2.5 (Page 4) (reference to speci)

Collections & liens

Unpaid assessments (including fines, attorneys’ fees, etc.) constitute a continuing lien against the Owner’s Dwelling Unit and are collectible in same manner as any unpaid regular or separate assessment. (Section 3.18(k) (Page 12-13))

Reserves & fees

Board shall cause a reserve budget; funds may be deposited in depositories other than banks. At least quarterly reconciliation of reserve accounts. Reserve budget includes capital expenditures and repairs. (Section 3.21(i) (Page 16); Section 3.22()

Architectural approval

Modifications Committee appointed as per Section 9.2 of Declaration. Board may make rules regarding use of common areas and modifications. (Section 5.3 (Page 22); Section 3.18(w) ()

Maintenance

Board provides for operation, maintenance, and repair of recreational and other common areas. Owners responsible for their Dwelling Units and shares of Common Expenses. (Section 3.18(d) (Page 11); Section 3.18()

Insurance

Board obtains and carries property, liability and commercial crime insurance as provided in Declaration. (Section 3.18(l) (Page 12-13))

Use restrictions

Not explicitly stated, but implied by purpose as 'age-restricted community for adults fifty-five (55) and older'. (Section 1.4 (Page 3))

Voting & meetings

Each Voting Member one vote per Dwelling Unit. Cumulative voting not permitted. Declarant has exclusive votes during Declarant Control Period. (Section 2.8 (Pages 5-6); Section 3.5 (Pa)

Amendments

During Development Period, Declarant may unilaterally amend By-Laws for same purposes as Declaration amendment under Section 17.2. After that, By-Laws may be amended by Board resolution with consent of Declarant during Development Period. A (Section 7.7 (a), (b), (c) (Page 27))

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