Gardens of Cool Springs

Key facts from Gardens of Cool Springs's documents

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

Community type

Covenant / Planned Community

Legal name

Gardens of Cool Springs

Units / lots

24 (Lots 23 through 46 inclusive) (Article I Section 4, Page 4)

Developer / declarant

Cool Springs, Inc.

Assessments & dues

Board of Directors estimates annual expenses and sets each Member's share as 1/24th of that amount (Article VI Section 2, Page 9-10)

Special assessments

May be levied for capital improvements, with assent of 2/3 of total eligible votes; notice at least 10 days but not more than 30 days in advance (Article VI Section 3, Page 10-11)

Collections & liens

Unpaid assessments constitute a continuing lien; can be foreclosed by public sale after 21 days advertising (3 weekly publications) and written notice; lien subordinate to prior recorded mortgages (Article VI Section 5, Pages 11-13)

Reserves & fees

Association may establish a general operating reserve and/or reserve for replacements (Article VI Section 2(d), Page 10)

Pets

Dogs, cats or other household pets may be kept, but not for commercial purpose (Restrictive Covenants Section 2(c), Page)

Fences

All fences must be approved by ARC; fences shall be cedar wood, masonry brick, or combination, or ornamental iron; cedar wood fence facing street must be 6’ cedar Capped Wood fence; no fence nearer than minimum building setback line (Restrictive Covenants Section 1(h), Page)

Architectural approval

30 days after submission; if no approval or disapproval within 30 days, plans are deemed approved (Article VII Section 2, Page 15; Restrict)

Signs & flags

Only two signs per lot, not more than 6 square feet, 'for rent' or 'for sale'; no other advertising signs (Restrictive Covenants Section 2(d), Page)

Setbacks / home size

Heated area of main building exclusive of open porches and garages not less than 3000 square feet (Restrictive Covenants Section 1(d), Page)

Maintenance

Owner responsibility (exterior maintenance includes roof) (Article V Section 2(b), Page 9)

Insurance

Policy may contain reasonable deductible; amount paid by party responsible for repair in absence of insurance (Article X Section 1, Page 17)

Use restrictions

Lots shall be used only for residential purposes (Restrictive Covenants Section 1(d), Page)

Voting & meetings

Each Owner of a Lot gets 1 vote per Lot; Developer gets 3 votes per Lot for first 3 years after first lot sale, then 1 vote per Lot (Article III Section 2, Page 6; Bylaws Ar)

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