Strongbow Gate

Key facts from Strongbow Gate's documents

Community type

Covenant / Planned Community

Developer / declarant

Olio Road Partners, LLC (Page 8, opening paragraph)

Assessments & dues

$450 per Lot initial maximum (Sections 8.2 and 8.4)

Special assessments

Yes, for capital improvements or operating deficits with 2/3 vote (Section 8.5)

Collections & liens

Assessments are a continuing lien on the Lot, enforceable like mechanic's lien (Sections 8.1 and 7.6)

Reserves & fees

A portion of annual assessments may be set aside for repair and replacement of Common Property (Section 8.3)

Parking & vehicles

Overnight parking on public/private streets prohibited; temporary parking for social functions only (Section 6.20)

Home business

Only home occupations permitted by Town of Fishers Zoning Ordinance; no schools, daycare, churches (Section 6.26)

Signs & flags

Only one temporary sign for sale (max 6 sq ft) and street identification signs; Builder may erect signs (Section 6.29)

Voting & meetings

Two classes: Class A (one vote per lot), Class B (Developer 3 votes per unsold lot) (Section 7.2)

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