Download - Osgood Neighborhood Meeting
Osgood Neighborhood Meeting
July 21, 2011
6:00 PM
9-Iron Osgood Clubhouse
Osgood HOA Discussion
Welcome/Introduction
Purpose of Meeting Review of Osgood Development Review of Osgood 1st Addition Covenants Common Elements/Maintenance Transfer of Control of Covenants Creation of HOA/Bylaws Estimated Costs/Dues
Q & A
Osgood Development
Proposed Area of Osgood HOA
Covenants
Legal Document established by Developer Recorded with Cass County Recorder on May 14,
2003 Document # 1057255
Purpose To establish higher development standards than
that of the city of Fargo To address maintenance of amenities
(clock towers, perimeter fence, open space)
Covenants
Established Certain Development Standards Minimum sq ft of homes Architectural control (developer must approve all plans) Fences, sheds, drainage, mail-boxes, pets, signs,
parking/storage, etc.
Grant the Developer the Right to Assess Maintenance Fees Clock Towers Perimeter Fence Open Space (mowing) Mail-boxes
Grant the Developer the right to enforce covenants
Common Elements – Clock Towers
66th Ave S
Common Elements – Clock Towers
Osgood Parkway/63rd St
Common Elements – Clock Towers
Osgood Parkway/58th St
Common Elements – Clock Towers
44th Ave S
Comment Elements –Perimeter Fence
Common Elements – Blvd Mowing
Common Elements – Blvd Mowing
Transfer Control of Covenants
Developer willing to transfer control of all aspects of covenants except architectural control of un-build lots
Home owners would than be responsible for the enforcement of the covenants and maintenance of the amenities
HOA/Bylaws
If homeowners are willing to accept the transfer of control of the covenants:
Homeowners will need to establish a Home Owners Association (HOA)
Need to establish bylaws that provide the rules and procedures that the HOA must follow
Developer has prepared legal bylaw document
Next Steps
Assuming homeowner are willing to accept transfer of covenants Schedule 1st official meeting of HOA Nominate and elect officers Establish/collect dues Form committees (as may be needed) Consider upgrade/additions to existing
amenities Flower beds/landscaping around clock towers Establishment of a small neighborhood park
Questions