Spring Meadows Owners Association

Key facts from Spring Meadows Owners Association's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Class I planned community (Recitals: "intends to develop Spring Mea)

Legal name

Spring Meadows Owners Association

Developer / declarant

Venture Properties, Inc.

Governing law

Oregon Planned Community Act, ORS 94.550 to 94.783 (Preamble: "subject to the Oregon Planned)

Assessments & dues

Not fixed; determined annually by Board budget, approved by Board. Initial assessment set by Declarant. (Section 10.4: "Annual assessments for ea)

Special assessments

Allowed for: correcting operating deficit (Board majority vote); collecting amounts due from owner for breach (Board majority vote); repairs to Common Area if insufficient funds (Board majority vote); capital improvements (80% vote of all o (Section 10.5)

Collections & liens

Association has a lien on the Lot for unpaid assessments (Section 10.7.2). Personal obligation of the owner (Section 10.7.1). (Section 10.7)

Reserves & fees

Required. Separate Reserve Account. Funded by reserve assessments. Annual reserve study required. Board may borrow from reserve for seasonal demands at turnover. Funds cannot be used for ordinary maintenance. (Section 10.6.2 and subsections)

Pets

Yes, reasonable number of household pets not kept for commercial purposes, reasonably controlled to not be a nuisance. (Section 4.5)

Leasing & rentals

Yes, subject to conditions: written rental agreement, minimum 30 days, tenant must be given Declaration, Bylaws, and Rules and Regulations. (Section 4.4)

Parking & vehicles

Commercial vehicles with gross vehicle weight over 8,000 lbs not allowed to park overnight on any street. Also not allowed on Common Area. (Section 4.7)

Fences

Fencing must be 6 ft high cedar 'good neighbor fencing' or other fencing approved in writing by Declarant prior to installation. No chain link or cyclone fencing allowed. Must comply with City of Hillsboro ordinances. Owner maintains all fe (Section 4.11)

Architectural approval

Yes, Neighborhood Design Review Committee must approve any improvement or modification to the exterior of any existing improvement, including design plans, elevations, colors, materials, location, and square footage. (Section 6.2)

Home business

Only one-room offices not designated by exterior signs, not an undue burden or nuisance, and not in violation of city ordinances. (Section 4.1)

Signs & flags

One 'For Sale' or 'For Rent' sign allowed, max 24x36 inches. Political signs allowed but must be removed within 3 days after election. Declarant may erect signs of any size at model homes. (Section 4.9)

Maintenance

Owner (maintenance, repair, replacement included in Section 4.3). (Section 4.3)

Use restrictions

Yes, with limited allowance for one-room offices without exterior signs and not a nuisance. (Section 4.1)

Voting & meetings

Class A: one vote per lot for each owner other than Declarant. Class B: Declarant has three votes per lot owned until termination. Fractional votes disregarded except for quorum. (Section 7.3)

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