Stoneridge Planned

Key facts from Stoneridge Planned's documents

Reflects the 2000 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned Unit Development - Phase IV (Document title: "STONERIDGE PLANNED UNIT)

Legal name

Stoneridge Planned Unit Development Phase IV

Developer / declarant

The Tims Construction Company (Preamble: "by The Tims Construction Comp)

Assessments & dues

$100.00 (Article 3.5: "The assessment shall be $1)

Special assessments

Yes, permitted for unusual circumstances or for cost of gravity flow sewer system bypassing pumping station. (Article 3.5c: "In the event of unusual c)

Collections & liens

Yes: assessment creates a continuing lien; Association may foreclose via action at law or foreclosure of lien. (Article 3.1 and 3.6: "shall be a charge )

Reserves & fees

$10.00 (Article 3.3: "the Association may also c)

Voting & meetings

For amendment: first 20 years by instrument signed by Owners of not less than 50% of Lots; thereafter by vote of 50% of Lot Owners attending a duly called meeting. For assessment increase above CPI: approval of one-half of Owners attending (Article 5.4 (amendment) and Article 3.5b)

Amendments

First 20 years: instrument signed by Owners of 50% of Lots. Thereafter: vote of 50% of Lot Owners attending a duly called meeting of Members. (Article 5.4, page 10)

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