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Osgood Neighborhood Meeting

Osgood Neighborhood Meeting. July 21, 2011 6:00 PM 9-Iron Osgood Clubhouse. Osgood HOA Discussion. Welcome/Introduction Purpose of Meeting Review of Osgood Development Review of Osgood 1 st Addition Covenants Common Elements/Maintenance Transfer of Control of Covenants

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Osgood Neighborhood Meeting

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  1. Osgood Neighborhood Meeting July 21, 2011 6:00 PM 9-Iron Osgood Clubhouse

  2. Osgood HOA Discussion • Welcome/Introduction • Purpose of Meeting • Review of Osgood Development • Review of Osgood 1st Addition Covenants • Common Elements/Maintenance • Transfer of Control of Covenants • Creation of HOA/Bylaws • Estimated Costs/Dues • Q & A

  3. Osgood Development

  4. Proposed Area of Osgood HOA

  5. Covenants • Legal Document established by Developer • Recorded with Cass County Recorder on May 14, 2003 • Document # 1057255 • Purpose • To establish higher development standards than that of the city of Fargo • To address maintenance of amenities • (clock towers, perimeter fence, open space)

  6. Covenants • Established Certain Development Standards • Minimum sq ft of homes • Architectural control (developer must approve all plans) • Fences, sheds, drainage, mail-boxes, pets, signs, parking/storage, etc. • Grant the Developer the Right to Assess Maintenance Fees • Clock Towers • Perimeter Fence • Open Space (mowing) • Mail-boxes • Grant the Developer the right to enforce covenants

  7. Common Elements – Clock Towers 66th Ave S

  8. Common Elements – Clock Towers Osgood Parkway/63rd St

  9. Common Elements – Clock Towers Osgood Parkway/58th St

  10. Common Elements – Clock Towers 44th Ave S

  11. Comment Elements –Perimeter Fence

  12. Common Elements – Blvd Mowing

  13. Common Elements – Blvd Mowing

  14. Transfer Control of Covenants • Developer willing to transfer control of all aspects of covenants except architectural control of un-build lots • Home owners would than be responsible for the enforcement of the covenants and maintenance of the amenities

  15. HOA/Bylaws • If homeowners are willing to accept the transfer of control of the covenants: • Homeowners will need to establish a Home Owners Association (HOA) • Need to establish bylaws that provide the rules and procedures that the HOA must follow • Developer has prepared legal bylaw document

  16. Next Steps • Assuming homeowner are willing to accept transfer of covenants • Schedule 1st official meeting of HOA • Nominate and elect officers • Establish/collect dues • Form committees (as may be needed) • Consider upgrade/additions to existing amenities • Flower beds/landscaping around clock towers • Establishment of a small neighborhood park

  17. Questions

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