Olive Avenue Homeowners Association (AZ)

What Olive Avenue Homeowners Association (AZ)'s governing documents say

Olive Avenue Homeowners Association is a homeowners association in Waddell, AZ, focused on managing domestic and irrigation water for its members. The rules apply to all property owners within the defined area and their tenants or guests. Membership is tied to land ownership, with voting power based on acres owned.

• Membership & voting: All owners of record within the described premises are members. Each owner has one vote per acre owned. A majority of owners means 51% of those present, and a quorum is six owners (with votes per acre). Proxies are allowed.
• Water services & fees: The association provides domestic and irrigation water from wells. Fees are set by the committee and approved by majority of owners. A $10.00 refundable fee is required for an irrigation meter key (for owners without past due assessments). Owners must maintain and replace their own water meters as needed.
• Assessments & late payments: Assessments are considered past due on the 25th of each month. Irrigation service is suspended after 30 days past due. A registered letter is sent at 45 days; if unpaid, water delivery may be suspended. Interest of 1% per month accrues after 62 days. Liens can be placed after 45 days past due. Accounts 90 days past due may be reported to credit bureaus.
• Owner obligations: Owners must perform maintenance on their own land that could affect others, reimburse the association for damage to common areas, maintain their water meter in working order (replace within 15 days if reported broken), and participate in at least 3 days per year of work sessions to maintain water systems. Owners must ensure the domestic water storage tank is filled or request filling.
• Governance structure: The association is governed by a five-member committee (President, Vice President, Secretary, Treasurer, Member at Large), all of whom must be owners of record. Committee members are elected annually by a majority of owners. General meetings occur quarterly, committee meetings bi-monthly. Notice of meetings must be given 18 days in advance.
• What this document doesn't cover: These By-Laws address governance and water system management but do not include full property use restrictions, architectural standards, pet policies, leasing minimums, or other typical HOA rules. Those would be found in the Declaration of Covenants, Conditions, and Restrictions (CC&Rs) or other documents.

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.