Creek Ridge Association Inc.

Key facts from Creek Ridge Association Inc.'s documents

Community type

Planned Unit Development (PUD) - Ridge Creek Unit-1 (Exhibit A, Subdivision Plat: 'Ridge Cree)

Developer / declarant

IH 10 Partners, Ltd., a Texas limited partnership (First paragraph of Declaration)

Governing law

Texas Non-Profit Corporation Act (Texas Non-Profit Corporation Act) (Section 6(d)(10))

Assessments & dues

Initial assessment $300 per Lot (upon conveyance); subsequent assessments set by Board (Section 7(a)(1))

Special assessments

Requires 2/3 approval of each class at a meeting with 60% quorum (or 30% at second meeting) (Section 7(c))

Collections & liens

Assessment lien, superior except to tax liens and first mortgages; non-judicial foreclosure allowed under Tex. Prop. Code §51.002; trustee Dale Wilson designated (Section 7(g))

Reserves & fees

Board shall consider 'appropriate replacement reserve' in budget (Section 7(b))

Architectural approval

Yes, by Architectural Control Committee (ACC) for all improvements, prior to construction (Section 3(c): 'No Improvement shall be e)

Use restrictions

Single-family residential use; definition limits occupancy to groups related by blood/adoption/marriage or unrelated up to number of bedrooms (Section 1(w): 'Single Family means a gro)

Voting & meetings

Class A (Owners except Declarant/Builder Members): 1 vote per Lot; Class B (Declarant and Builder Members): 3 votes per Lot until conversion (when Class A votes equal Class B or Jan 1, 2028) (Section 6(b) and 6(c))

Amendments

Not fully provided; Section 13(b) references amendment (likely requiring supermajority), but text not in provided excerpt (Table of Contents: Section 13(b) Amendme)

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