Agua Caliente Lot Owners' Association

What Agua Caliente Lot Owners' Association's governing documents say

This document is a 1991 amendment and ratification to the Declaration of Covenants, Conditions and Restrictions for Agua Caliente, a mixed-use planned community in Scottsdale, AZ. It primarily addresses developer rights, the establishment of an Architectural Control Committee, and specific commercial-use allowances on various lots. It is not a complete set of community rules; it modifies and ratifies the original declaration.

• Transfer of developer rights: The developer's rights under the declaration can be transferred and assigned by recording a written instrument. When the association acquires those rights, it may terminate them.
• Architectural Control Committee: An Architectural Control Committee is established, initially composed of the board members. The committee now holds all rights, powers, and duties of the declarant regarding architectural approval.
• Allowed uses of lots: Commercial office uses are permitted on most lots; Lot 1 allows office, hotel, or multi-family structures; Lots 2 and 3 allow office or multi-family; Lots 12–15 allow office or restaurant structures. Lot 15 may additionally be used for retail and any other use allowed under C-2 zoning.
• Lot-specific provisions (Lot 15): The owner of Lot 15 is authorized to lower the fence along Shea Boulevard by up to 3 feet, subject to committee approval. The time to start construction is extended from 6 to 12 months after city approval. The developer waives its purchase option for the first 24 months, but retains it after that (with force majeure extensions).
• Association and board confirmation: The document ratifies the establishment of the Agua Caliente Lot Owners’ Association and its board of directors, and confirms that the board now holds all developer rights.
• What this document doesn't cover: This amendment does not include typical residential subdivision rules such as pet limits, lease restrictions, parking regulations, age restrictions, or specific assessment amounts. It is a partial/ancillary document and must be read together with the original Declaration.

Plain-language summary generated from the governing documents on file for this community. It may be incomplete and is not legal advice — read the full documents below or consult the official recorded versions.