Lakewood at Fox Vlly Vills

Key facts from Lakewood at Fox Vlly Vills's documents

Reflects the 1978 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Single-family residential subdivision with homeowners association (Art. I Sec. 5-6, Art. VII Sec. 1)

Developer / declarant

LASALLE NATIONAL BANK as Trustee under Trust Agreements dated Dec 10 1969, Mar 28 1972, Jun 5 1972, Feb 15 1973; MERCHANTS NATIONAL BANK OF AURORA as Trustee under Trust Agreement dated Dec 17 1971; AMERICAN NATIONAL BANK AND TRUST COMPANY (Art. I Sec. 8)

Governing law

Illinois not-for-profit corporation law (implied) (Art. I Sec. 1: 'an Illinois not-for-prof)

Assessments & dues

$96.00 per Lot for first year (Art. IX Sec. 3(a))

Voting & meetings

Two classes: Class A (all Owners except Declarant) – one vote per Lot; Class B (Declarant) – five times the number of Lots owned (Art. IV Sec. 1(a)-(b))

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