Gateway Grand

Key facts from Gateway Grand's documents

Reflects the 2025 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

commercial/industrial (no residential use restrictions; project consists of lots and tracts for commercial/industrial purposes) (Overall document structure and Recitals)

Legal name

Gateway Grand Association (Section 2.4)

Units / lots

3 lots (Lot 1, Lot 2, Lot 3) plus Access Tract (Tract A) and Drainage Tract (Tract B) (Recitals paragraph B; Section 2.2, 2.13)

Developer / declarant

Unbound Phase I Property Owner, LLC and GS Unbound Phase II Property Owner, LLC (First paragraph)

Governing law

Arizona Revised Statutes § 33-1820 (Section 2.10)

Assessments & dues

Association distributes pro forma budget ~90 days before fiscal year; Regular Assessment determined based on budget and each Owner's Proportionate Share (Section 6.1.3)

Special assessments

May be levied for any lawful purpose, including compliance, extraordinary costs, capital repairs (Section 6.1.4)

Collections & liens

Assessments are a continuing lien on the Lots; Association may foreclose after notice and recorded claim of lien; power of sale given (Sections 6.1.1, 6.2.2, 6.2.3)

Reserves & fees

Regular Assessments include reasonable reserves for future maintenance, repair, replacement; held in trust in separate bank account (Section 6.1.8)

Parking & vehicles

Cross parking between Lots prohibited; Owners shall not allow parking on other Lots. (Section 10.2)

Insurance

Each Owner to maintain Commercial General Liability: $1,000,000 per occurrence, $2,000,000 aggregate (Section 7.2)

Voting & meetings

Total votes 100; Lot 1: 25 votes (25%), Lot 2: 25 votes (25%), Lot 3: 50 votes (50%) (Section 8.2 and Exhibit C)

Amendments

Requires 2/3 vote of Association; during Declarant Control Period, also requires written approval by each Declarant owning a Lot (Section 11.8)

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