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Ralston Business Park Master

Governing Documents
Articles
Declaration
Policy
Plat Map
Developer Agreement

Insurance Info
Dodrill Insurance, Inc.
Agent: Garrett Dodrill
Phone: (303) 986-1539
Fax: (303) 989-8755
Email: garrett@dodrillinsurance.com
7807 W. Mississippi Ave
Lakewood, CO 80226
Website: www.dodrillinsurance.com

Ralston Business Park Master

Ralston Business park Master Association is located at 5511 thru 5545 56th Ave in Arvada Colorado, it consists of 5 building, and developed in one phase. The Complex has no residential space and units are held in fee simple. The Association was formed in April 2003 after the buildings were completed as commercial space. The developer turned control of the Association over to an elected body of association members in October 2008. The Developer no longer has any control or ownership of any units or common areas. The Board today consists of 5 Members that have been elected or appointed to serve the entire Membership.

The Members are responsible to pay Homeowners Association fees, these fees currently are $360.00 per building, the association has prorated the dues between owners if the building is owned by different entities and the Association provides the following: Common Area Insurance, and Maintenance to the Common Areas. If necessary, fees may be adjusted to cover the Association’s operating budget. Additionally, from time to time a Special Assessment may be imposed to the Members to cover Capital improvements or other needs the Association might have.

A charge of $120.00 is assessed as a transfer fee for each time a unit is sold or refinanced. Capital Reserves held by Owners should be collected from the Buyers at time of sale and credited to the Seller. The amount of the reserves should be obtained by the Seller from their settlement sheet.

The Association’s fiscal year ends on December 31st of each year.