Island Community Developers Inc

Key facts from Island Community Developers Inc's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Recital 3: 'Palmetto Homeowners Associat)

Units / lots

Lots referenced but number not given; Plats show multiple blocks and lots (e.g., Block B Lots 1-5, 48-51, 64-69; Block C Lot 7). No exact total. (Section 1.7 references specific lots, bu)

Governing law

Florida Statutes, including Section 617.0701 (written consent of members), Section 720.307 (turnover documents), Section 704.06 (conservation easement), and Chapter 40C (Water Management District regulations) (First Amended and Restated Declaration: )

Assessments & dues

Not fixed; set by Board annually. (Section 6.4: 'The Board of Directors of )

Special assessments

Board may levy Special Assessments for capital improvements, unexpected repairs, etc. Levied equally against all Lots. (Section 6.7: 'The Association ... shall )

Collections & liens

Unpaid assessments become a continuing lien on the Lot; Association may record claim of lien and foreclose like a mortgage. Lien priority relates back to date of Original Declaration. Lien subordinate to first mortgages of institutional len (Section 6.10 and 6.10.1: 'shall be a con)

Reserves & fees

Portion of Annual General Assessment set aside as reserve fund for repair and replacement of capital assets. (Section 6.3: 'A portion ... of the Annua)

Pets

Not explicitly addressed in the excerpt (no pet restrictions found).

Leasing & rentals

Not explicitly addressed in the excerpt (no restrictions on leasing found).

Parking & vehicles

Generally prohibited except short-term guest parking as defined by Rules. No recreational, commercial, or inoperable vehicles on street. (Section 8.8.1.B, Section 8.8.2.B)

Fences

Fences require ARB approval (Section 8.7.3). No specific height or material restrictions in excerpt. (Section 8.7.3 includes 'fences, walls' a)

Architectural approval

Yes, for all buildings, structures, improvements (including pools, fences, landscaping, paint, etc.) and material changes in exterior appearance. Initial construction by Developer/Builder exempt. (Section 8.7.3: 'No building or other str)

Solar & roof

Exterior colors (including roof?) must be from approved list; repainting to approved colors/hues/finishes. List available from Association. (Section 7.2: 'All repainting must be of )

Home business

Not explicitly addressed in the excerpt.

Signs & flags

No signs, banners, billboards or advertisements of any kind unless exceptions (not stated). (Section 8.11: 'Owners shall not erect or)

Setbacks / home size

Minimum setbacks: 5' side, 20' front, 15' rear, or greater if required by Brevard County ordinances/variance. No Owner may apply for variance without Association approval. (Section 8.6: 'All structures ... will be)

Maintenance

Owner responsibility to maintain roof (clean, good repair) and repaint if needed. (Section 7.2: 'The shingle roofs of the R)

Insurance

Not explicitly required in this document.

Use restrictions

Yes, each Lot designed for single family residence. (Section 1.19 (Residence defined as singl)

Voting & meetings

Class A (all Owners except Developer): one vote per Lot owned. Class B (Developer): three votes per Lot owned. Class B membership ceases on earliest of: 3 months after 90% of Lots conveyed, Dec 31, 2008, or Developer's election. (Section 5.4.1 (Class A), Section 5.4.2 ()

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