Paseo Villas Improvement Association

What Paseo Villas Improvement Association's governing documents say

Paseo Villas Improvement Association is a non-profit corporation that manages a planned subdivision of residential lots in Scottsdale, AZ. This document is the association's Articles of Incorporation—its corporate charter—not the full set of community rules (which are in a separate Declaration of Covenants, Conditions and Restrictions). It defines the association's purpose, membership structure, board governance, and financial limits, but does not contain specific rules about pets, rentals, or other day-to-day living requirements.

• Association structure & purpose: The association is a non-stock, non-profit corporation responsible for managing, maintaining, and preserving common areas and enforcing architectural control over residential lots in the Paseo Villas subdivision (Lots 1–90 and Tracts A-A through A-Q). It can levy assessments, borrow money (with approval), and acquire or dispose of property.
• Membership & voting rights: Membership is automatic for every lot owner, with one membership per lot. Class A members get one vote per lot. No dividend or profit is paid to members.
• Board composition & elections: The board consists of 5–9 directors, each serving staggered terms. Directors are elected at the annual meeting (third Sunday in March). Officers (President, Vice President, Secretary, Treasurer) are elected by the board. The original directors are listed (Dick Babb, Avis Tempas, Ruth Slominski, Leland Hinkle).
• Amendments & dissolution: Amending the Articles requires approval of 75% of the entire membership. Dissolution needs a two-thirds vote of members, with assets dedicated to a public agency or similar non-profit.
• Financial constraints: The association's total indebtedness cannot exceed 150% of the previous fiscal year's income without an additional three-fourths member vote and approval by the Arizona Corporation Commission.
• What this document doesn't cover: This is the Articles of Incorporation only. Actual rules about pets, leasing, parking, architectural standards, assessments, and other living requirements are in the Declaration of Covenants, Conditions and Restrictions (referenced but not included here).

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.