Bar Vk Air Ranch Est

What Bar Vk Air Ranch Est's governing documents say

This is a collection of amendments to the governing documents of Bar VK Air Ranch Estates, a single-family homeowner association (air ranch) in Denton, TX. The amendments modify rules on annual assessments, voting rights, lot exemptions for unusable land, merged lots, election procedures, and notifications. A development plan outlines addition of new lots (min. 4 acres, avg. 5 acres, up to 14 lots) with roads, taxiway, and water system. This is not the full rulebook; specific rules on pets, leasing, architectural review, etc. are not provided.

• Assessments & fees: Annual assessments per lot are due March 1, payable to the BAR VK MAINTENANCE FUND. Owners of multiple lots vote per lot on which assessment is paid. Lots east of Chisum Creek are exempt if no runway/amenity use. A $2,100 water meter connection fee applies to new lots.
• Lot exemptions: A lot may be exempted from assessments if government action prevents building a single-family residence/hangar. Owner must file a deed restriction prohibiting use of BVK amenities. If the restriction is later rescinded, all back assessments become due.
• Merged lots: Adjoining lots owned by one member may be treated as a single lot if a deed restriction is recorded requiring combined ownership and limiting to one residence. Assessments on the extra lot(s) are then held in abeyance, but due if restriction is voided.
• Voting & elections: Association elections decided by majority of votes eligible; proxy must be signed by member and joint owner. Notice of nomination/election meeting at least 15 days prior. Executive Committee members each have one vote regardless of lots owned.
• Notifications: Notifications may be by email to owner's provided address; owner must update secretary. Postal delivery available upon written request. Valid notice requires email or postmark at least 15 days before event/meeting.
• Development plan (Bar VK 95 Addition): Chisum Joint Ventures to purchase and develop land north of existing BVK, adding up to 14 lots (min. 4 acres, avg. 5). At least 60-foot roads, a 60-foot grass taxiway, and water system to be installed. $35,000 in revenue from lot sales to be used for road chip sealing and equipment storage.
• What this document doesn't cover: These are partial amendments. The original declaration and full rules (e.g., architectural control, pets, leasing, use restrictions, runway access, amenities) are not provided. Readers should consult the complete governing documents.

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.