Treasure Valley Homeowners Association

Key facts from Treasure Valley Homeowners Association's documents

Reflects the 2019 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (HOA) – single family residential subdivision (Bylaws 1.1, CC&Rs Recital 3)

Units / lots

155 (Lots 1-155) per Bylaws; CC&Rs references up to 161 lots (Bylaws 1.1; CC&Rs 1.7, Recital 3 (City-A)

Governing law

Current Utah Code Community Association Act; Utah Revised Nonprofit Corporation Act (Bylaws 1.2; CC&Rs 1.29)

Assessments & dues

Board prepares annual budget and sends written notice at least 30 days prior to annual assessment period (Bylaws 3.13.3; CC&Rs 6.14)

Special assessments

May be approved by Board for extraordinary expenses; member meeting approval required if not within budget? (CC&Rs 6.7). Board may levy special assessments as described in CC&Rs. (Bylaws 2.10; CC&Rs 6.7, 6.7.1, 6.7.2)

Collections & liens

Association may levy liens for unpaid dues, assessments, special assessments, or fines. Lien may be withdrawn upon full payment or Board decision. Board may bring lawful action. (Bylaws 3.13.3; CC&Rs Article VII)

Reserves & fees

Board shall maintain a reserve fund (Bylaws 3.13.1; CC&Rs 6.15)

Leasing & rentals

Yes, but subject to lease provisions (10.25.2). Owner responsible for tenant compliance. (CC&Rs 10.25.2)

Fences

Subject to ACC approval; no specific rules provided (CC&Rs 8.2, 1.20)

Architectural approval

Yes, Architectural Control Committee (ACC) approval required for any improvement (Bylaws 5.1; CC&Rs Article VIII)

Home business

Prohibited (Business or commercial activity prohibited) (CC&Rs 10.2)

Signs & flags

Restricted; Phase 1 and Phase 2 signage rules (subject to ACC approval) (CC&Rs 10.3, 10.3.1, 10.3.2)

Use restrictions

Single Family Residence only; no commercial or business activity (CC&Rs 10.1, 10.2)

Voting & meetings

One vote per lot; suspended for non-payment or violations. Two classes: Class-A (one vote per lot) and Class-B (Declarant, three votes per lot owned) (Bylaws 2.11, 2.18; CC&Rs 4.1.1, 4.1.2)

Amendments

Bylaws may be amended by majority vote of Board at any regular or special meeting; also by majority vote of Homeowners at annual or special meeting (but Homeowner vote not required). CC&Rs amended by two-thirds vote of Class-A members prese (Bylaws Article 8; CC&Rs 14.1)

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