Applewood Documents

Common Homeowner Docs

Land Details

Budgets

Association By-Laws Summary

Elections
Referendum 15 days prior to the annual meeting.

Article III. Section 6.

Annual Meeting
Within 60 days of the close of the fiscal year.

Article II. Section 2.

Fiscal Year
Aligned to the calendar year.

Article VI. Section 1.

Notice of Meetings
No less than 10 days and no more than 50 days prior, one of the following:
  • Published in a community newsletter or this website
  • Mailed to the home or address on file with the secretary of the board
  • Delivered to the home

Article II. Section 4. & Article VI. Section 4.

Regular Board Meetings
Must occur at least once per quarter. Regular schedule counts as adequate notice.

Article III. Section 10.

Quorum of Members
25% of all members entitled to vote.

Article II. Section 9.

Quorum of Board
Majority of board members.

Article III. Section 13.

Association Covenants

Budget
Established and made available to members 30 days prior to the end of the fiscal year.

Article IV. Section 4

General Assessment
Board is limited to 120% of the prior year.

Article IV. Section 4.

Late Fees
$5.00 per day. Lien maybe placed and foreclosed 90 days afterwards.

Altered to $50 per month by the Board.

Article IV. Section 7.

Specific Assessments for Subset of Homes
For actions that benefit only a subset of homes, a special assessment may be imposed for only those homes and split among those homes.

Article IV. Section 10.

HOA Property
The following are HOA property:
  • Common Area 1 - Pool, Parking Lot, Pool House
  • Common Area 2 - Idared Ln Entryway opposite the pool
  • Common Area 3 - Fireside Ln Entryway by 200 Maigold
  • Common Area 4 - Wooded area along Fireside Ln

Article V. Section 1. Which references the Final Plat and Common Area Deeds.

HOA Maintained Property
The following areas are maintained by the HOA:
  • 25 ft section behind lots 1-7. Inclusive of the Kentucky three board fence but exclusive of the legacy cap privacy fence.
  • 25 ft section behind lots 56, 67, and 70. Inclusive of the Kentucky three board fence but exclusive of the legacy cap privacy fence.
  • 20 ft walk way to the park between lots 50 and 51.

Article V. Section 1.

Covenants Changes
From time to time as the board may make changes as the board sees fit without consent of the homeowners by a vote of 3/5ths of the Board.

Article VI. Section 1.