Eldorado I II III

Key facts from Eldorado I II III's documents

Reflects the 1971 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Eldorado Home Association (later Eldorado II Home Association, Eldorado III Home Association) (Article I, Section 1)

Developer / declarant

Damark Properties, Inc. (Declaration, first line)

Special assessments

May levy special assessment for capital improvements on Common Area, requires 2/3 vote of both classes (recreation-oriented facilities only in amended; does not include bicycle paths, benches, trees, shrubs) (Article IV, Section 4)

Collections & liens

Assessments are a continuing lien on the property; Association may bring action or foreclose. Personal obligation does not pass to successors unless expressly assumed. (Article IV, Sections 1 and 8)

Signs & flags

Only conventional temporary 'For Sale' and similar real estate signs allowed (Article VI, Section 10 (original) and Se)

Use restrictions

All lots are residential; must comply with Omaha R-1 zoning (original) or cluster housing (amended/III). Every home must have garage for at least two cars. (Article VI, Section 1 (original) and Art)

Voting & meetings

Class A (all owners except Declarant): one vote per lot; Class B (Declarant): three votes per lot. Class B converts to Class A when total votes equal or by specified date (1976 for original, June 30, 1981 for amended, June 30, 1982 for III) (Article III, Section 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.