Riverwalk Owners Association

Key facts from Riverwalk Owners Association's documents

Reflects the 2018 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Class I planned community (Recitals: 'Declarant intends to develop )

Legal name

Riverwalk Owners Association

Developer / declarant

Wight Development, LLC, an Oregon limited liability company (Recitals: 'made by Wight Development, LL)

Governing law

Oregon Planned Community Act (ORS 94.550 to 94.783) (Recitals: 'subject to the Oregon Planned)

Assessments & dues

Initial assessment determined by Declarant; thereafter Board approves annual budget and sets assessments (Sections 10.4, 10.4.1)

Special assessments

Allowed by Board majority for deficit, repairs, or special obligations; for capital improvements requires 80% vote of all lots (Section 10.5)

Collections & liens

Association has lien on owner's lot for unpaid assessments; may enforce like any other assessment (Section 10.7.2)

Reserves & fees

Required; separate Reserve Account for major maintenance, repair, replacement (Section 10.6.2)

Pets

Yes, reasonable number of household domestic pets not for commercial purposes (Section 4.6)

Leasing & rentals

Yes, with conditions: written agreement, tenant subject to Declaration/Bylaws/Rules, tenant given copies (Section 4.5)

Parking & vehicles

Prohibited on Common Area/streets; on lot >7 days prohibited; Association may remove after 5-day notice, charge as assessment (Section 4.10)

Fences

Must have prior ARC approval; Owner maintains and replaces (Section 4.14)

Architectural approval

Yes for any improvement, alteration, or construction on a lot (Section 6.1)

Signs & flags

One 'For Sale' or 'For Rent' sign (max 24x36 inches); political signs allowed but removed 3 days post-election; construction signs allowed (max 55x40 inches, removed 10 days after close/final inspection) (Section 4.12)

Setbacks / home size

Comply with City of Bend setback requirements and such other setbacks as established by ARC (Section 4.2.2)

Use restrictions

Yes, except limited home business with Board consent and exceptions for sales/construction (Section 4.1)

Voting & meetings

Two classes: Class A (owners other than Declarant) 1 vote per lot; Class B (Declarant) 3 votes per lot until termination (Section 7.3)

Amendments

Not fully detailed; sections 11.7 and 11.9 mention amendment but specific procedure not quoted (Section 11.7: 'Amendment', Section 11.9:)

Amenities

Only private street (Tract A) and entrance monument; no other amenities described (Section 2.1: 'Declarant does not intend )

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