Avallon Homeowners Association Inc

What Avallon Homeowners Association Inc's governing documents say

This is a legal amendment to a stormwater replacement agreement between the Avallon Homeowners Association and the City of Raleigh, not a community rulebook. It updates how stormwater facilities are funded and maintained, and it releases old replacement funds to the association. Homeowners should know that the association is responsible for stormwater maintenance and may face special assessments if funds are insufficient.

• What this document doesn't cover: This is a partial document—an amendment to a stormwater agreement. It does not contain general HOA rules, fees, pet policies, or other community restrictions.
• Stormwater maintenance & funding: The association must maintain stormwater control measures and is urged to set aside reserve funds. If the City has to do repairs, it can charge the association or individual lot owners, potentially through special assessments.
• City's right to assess: If the association fails to reimburse the City for stormwater work, the City can assess costs against the lots served by the stormwater system, as shown in the engineer's certification.
• One-time payment to association: The City will pay the association $12,075.00 from the old General Replacement Account, and the association waives all future claims to that account.

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.