Falcon Ridge Re

Key facts from Falcon Ridge Re's documents

Community type

Covenant / Planned Community

Units / lots

252

Developer / declarant

FALCON RIDGE LAND CORP.

Governing law

Nebraska Nonprofit Corporation Act (Article III, Section 3)

Assessments & dues

Maximum aggregate dues per year: greater of $125.00 per lot or 125% of previous year's aggregate dues (Article III, Section 9)

Special assessments

Board may levy assessments for extraordinary costs up to $200 per lot per calendar year (Article III, Section 10)

Collections & liens

Dues and assessments are a continuing lien on the lot; Association may foreclose the lien and recover interest, costs, and reasonable attorneys' fees (Article III, Sections 7, 14)

Reserves & fees

16% per annum interest, compounded annually, from due date (Article III, Section 14)

Pets

Dogs, cats, or other household pets may be kept if maintained within the residential structure, not for commercial purposes, and confined to the lot of their owner (Article I, Section 16)

Parking & vehicles

No boat, camper, trailer, auto-drawn/mounted trailer, mobile home, truck, aircraft, camper truck, or similar chattel may be maintained or stored on any part of a lot (except in an enclosed structure) for more than 20 days in a calendar year (Article I, Section 9)

Fences

No fence shall extend beyond the front line of main residential structure; no hedges/mass planted shrubs more than 10 ft in front of front building line. Materials: wood, wrought iron, or vinyl unless Declarant approves otherwise; no chain (Article I, Section 11)

Architectural approval

All Improvements (residence, buildings, fences, walls, pathways, driveways, patios, decks, etc.) require prior written approval by Declarant (Article I, Section 2)

Solar & roof

Roofs shall be covered with asphalt shingles or wood cedar shakes or wood shingles, unless other materials approved by Declarant. Exposed front foundation walls must be clay-fired brick or stone; other exposed side/rear concrete or concrete (Article I, Section 4)

Home business

No business activities of any kind, including home occupations as defined by Omaha zoning code (Article I, Section 5)

Signs & flags

One sign per lot advertising 'For Sale', not exceeding 6 sq ft; no other advertising signs, billboards, unsightly objects; no streamers, posters, banners, balloons, exterior illumination without Declarant approval. Business activities signs (Article I, Section 5)

Setbacks / home size

No structure, building, or porch shall be constructed within 30 feet of the front yard line; must also comply with Omaha Zoning Code setback requirements (Article I, Section 3)

Use restrictions

Each Lot shall be used exclusively for single-family residential purposes (Article I, Section 1)

Voting & meetings

Owner of each lot is entitled to one vote on each matter properly coming before the Members (Article III, Section 2)

Amendments

For first 5 years from date of Declaration, Declarant may amend in its full and absolute discretion; thereafter, amendment requires instrument signed by owners of not less than 75% of lots (Article V, Section 2)

Amenities

Potential common facilities: swimming pools, tennis courts, health facilities, playgrounds, parks, roads, paths, green areas, signs, entrances – not yet specified which are built (Article III, Section 1A)

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