Shea-Saguaro Commercial District
A commercial owners' association (office, retail, industrial, or business-park units) — not a residential community.
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What Shea-Saguaro Commercial District's governing documents say
This is a Declaration of Covenants, Conditions, and Restrictions (CC&Rs) for the Shea-Saguaro Commercial District in Fountain Hills, AZ — a commercial, not residential, property owners association covering multiple commercial lots. It binds all owners and users of the covered commercial properties, establishing design standards, land use rules, and an association to enforce them.
- Architectural review & design guidelines: All site preparation, buildings, fences, signs, and exterior alterations require written approval from the Fountain Hills Committee of Architecture (FHCOA) and/or the Board. Plans must comply with the Shea Blvd. Corridor Development and Design Guidelines. If no action within 15 days of submission, the request is deemed approved. Variances may be granted if they don't detract from the area.
- Land use & exterior restrictions: All lots must be used per the Fountain Hills zoning ordinance. Exterior signs require approval; roof colors must be muted/earth tones; no above-ground utilities; no temporary buildings; no antennas or equipment on roofs unless concealed; all landscaping must be completed within 180 days of substantial improvement completion; construction must finish within 1 year of building permit; parking must meet local ordinances and Guidelines.
- Assessments & fees: Four types: Regular (initial $0.01/sq ft of lot area, can increase annually by CPI up to 10% max), Special (requires majority vote), Maintenance (for cleaning/repair if owner fails), and Reclaimed Water. Assessments can be levied monthly, quarterly, or annually. Delinquent assessments accrue interest up to 12% per annum or prime+2%, and may become immediately due if 30+ days late.
- Association & governance: A property owners association is to be formed within 60 days of recording. Board initially 3 members appointed by Declarant; after first annual meeting, terms are staggered (3/2/1 years, then 3-year terms). Class B members (Declarant and affiliates) have 3 votes per lot; Class A (other owners) have 1 vote per lot. Class B membership terminates when all lots sold, or 5 years from date, or earlier if relinquished.
- Property owner obligations & enforcement: Owners must keep lots clean, repair improvements, and avoid nuisances. Association can enter property after notice to clean/repair and charge owner as a lien. Violations may be enforced by any lot owner or Declarant via lawsuit or injunction. Document runs with the land for 25 years, then auto-extends in 10-year increments unless majority votes to terminate.
Key facts from Shea-Saguaro Commercial District's documents
- Community type
- Shea-Saguaro Commercial District (Title)
- Developer / declarant
- Mco Properties L.P., J.M.I.M., L.L.C., MRS #10, Inc., Cambric Real Estate Holdings, L.L.C. (Preamble)
- Assessments & dues
- Initial regular assessment: $.01 per square foot of Lot area (Section V(B)(1)(a))
- Special assessments
- Approved by majority of eligible votes; for capital improvements or unplanned expenses (Section V(B)(2))
- Collections & liens
- Yes, subordinate to first mortgages and tax liens; foreclosure allowed after delinquency (Section V(A) and V(C))
- Reserves & fees
- Association may establish reserves as part of budget (Section V(B)(1))
- Signs & flags
- No exterior signs without approval of FHCOA/Board (Section III(B)(1))
- Voting & meetings
- Class A: one vote per Lot; Class B: three votes per Lot until termination (Section IV(G))
About this HOA
Shea-Saguaro Commercial District is a homeowners association in Fountain Hills, AZ.
HOAproxy has 1 document on file for Shea-Saguaro Commercial District: 1 recorded document. Last updated 2026-07-24.