Palisades (NE)

Key facts from Palisades (NE)'s documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Developer / declarant

Celebrity Homes, Inc.

Governing law

Nebraska Nonprofit Corporation Act (Section 20.v)

Assessments & dues

Maximum $125 per Lot beginning January 1, 2024; thereafter, 125% of prior year aggregate, whichever greater (Section 20.xi)

Special assessments

Board may levy assessments for extraordinary costs up to $500 per Lot per year; with 75% membership approval, can exceed caps. (Section 20.xii and Section 20.xiii)

Collections & liens

Assessments and dues are a continuing lien on the Lot; Association may foreclose. (Section 20.ix and Section 20.xvi)

Pets

Dogs, cats, or household pets maintained within the dwelling; no commercial breeding. (Section 4)

Parking & vehicles

Boats, campers, trailers, motor homes, etc. cannot be stored on street for more than 24 hours. (Section 10)

Fences

Fences not nearer to street than structure; maintenance by owner; material: wood, vinyl, or black vinyl chain link; no other types without written approval. (Section 5)

Architectural approval

Yes, for buildings, fences, walls, driveways, patios, pools, dog houses, flagpoles, grading, excavation, tree removal, etc. (Section 13)

Setbacks / home size

All setbacks, side yards, and rear yards conform to applicable laws and ordinances. (Section 2)

Maintenance

Owner maintains Lot and any fence installed by Declarant; Association maintains entrance ways, fence, signs, cluster mailboxes, irrigation, landscaping, greenspace, center islands, drainage easements. (Section 5 and Section 20.vi)

Insurance

Association may purchase insurance covering Common Facilities against property damage and casualty, and liability insurance for Association, Board, and Members. (Section 20.v.D)

Voting & meetings

Class A: one vote per Lot owned by Owner; Class B (Declarant): ten votes per Lot owned. Class B converts to Class A upon specified events. (Section 20.iv)

Amendments

For first 10 years, Declarant may amend solely by recording; thereafter by 75% of Lot owners. (Section 19)

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