[Ord. No. 4190, 2-1-2021]
A. 
In any case where the establishment of common ground (including pedestrian walkways and cul-de-sac islands), private streets, private streetlighting, drainage facilities such as detention basins, drainage pipes, ditches, clubhouses, pools, tennis courts or any other improvement or amenity that requires continuous maintenance, trust indentures creating a property owners' association shall be recorded simultaneously with the record plat.
B. 
The trust indentures shall provide for proper maintenance and supervision by the elected officers of the property owners' association who are selected to act in accordance with the terms of such indentures and the applicable provisions of this Code.
C. 
For single-lot developments and developments with no common ground, the Community Development Director may accept a script certifying the means of maintenance on the record plat.
D. 
Common ground shall be conveyed by the owner in fee simple absolute title by warranty deed to the property owners' association.
E. 
The trust indentures shall provide that the common ground be for the benefit, use and enjoyment of the lot owners present and future. It shall be the responsibility of the elected officers of the property owners' association to maintain the common ground.
F. 
No lot owner shall have the right to convey his/her interest in the common ground except as an incident of the ownership of a regularly platted lot.
[Ord. No. 4190, 2-1-2021]
A. 
Any trust indentures required to be recorded shall provide for not less than the following representation to purchasers of developed lots among the property owners' association trustees:
1. 
After fifty percent (50%) of the lots have been sold, one-third (1/3) of the trustees shall be chosen by purchasers of developed lots.
2. 
After seventy-five percent (75%) of the lots have been sold, two-thirds (2/3) of the trustees shall be chosen by purchasers of developed lots.
3. 
After all of the lots have been sold, all of the trustees shall be chosen by purchasers of developed lots.
[Ord. No. 4190, 2-1-2021]
A. 
The trust indentures shall provide that the subdivider/developer is prohibited from assessing lot owners or otherwise using property owners' association funds for items or matters that are not located within the bounds of the subdivision.
B. 
The trust indentures shall also provide that the subdivider/developer is prohibited from assessing lot owners or otherwise using property owners' association funds for items or matters that are considered as improvements required of the subdivider/developer by the approved plat or plans. Such required improvements may include, but are not limited to, landscaping, subdivision entrance enhancements, recreation facilities and common ground parks and amenities, etc.
C. 
The trust indentures shall provide for the annual reporting to the property owners and members of the property owners' association of all financial transactions made by, or on behalf of, the property owners' association. The financial and other records and meeting agenda and minutes will be open and available to any resident or property owner of the subdivision.
[Ord. No. 4190, 2-1-2021]
A. 
Each trust indenture shall be accompanied by a written legal opinion from an attorney licensed to practice in the State of Missouri, setting forth the attorney's legal opinion as to the legal form and effect of the deeds and trust indentures.
B. 
The trust indentures shall be reviewed and approved by the Community Development Director and the City Attorney prior to being filed with the Recorder of Deeds of St. Charles County and simultaneously with the recording of the record plat.
C. 
The signing and recording of the trust indentures will follow the same procedures as filing an approved recorded plat as described in Section 430.040, Filing Of Approved Record Plats.
[Ord. No. 4190, 2-1-2021]
A. 
The term of any trust indentures recorded pursuant to these regulations shall be for the duration of the subdivision.
B. 
In the event the subdivision is vacated, fee simple title of common ground will vest in the then lot or unit owners as tenants in common. The rights of the tenants shall only be exercisable appurtenant to, and in conjunction with, their lot or unit ownership. Any conveyance or change of ownership of any lot or unit shall convey with it ownership in the common ground.
C. 
No interest in the common ground shall be conveyed by a lot or unit owner except in conjunction with the sale of a lot or unit. The sale of any lot or unit shall carry with it all the incidents of ownership of the common ground whether or not expressly mentioned in the deed; provided, however, that no right or power conferred upon the trustees shall be abrogated.
[Ord. No. 4190, 2-1-2021]
A. 
Amendments to trust indentures must be reviewed and approved by the Community Development Director and City Attorney, prior to being filed with the Recorder of Deeds of St. Charles County.
B. 
The signing and recording of the amended trust indentures will follow the same procedures as filing an approved recorded plat as described in Section 430.040, Filing Of Approved Record Plats.
[Ord. No. 4190, 2-1-2021]
A. 
Should the subdivider/developer be required to or choose to impose trust indentures on a parcel of property or subdivision within the City of Lake Saint Louis, the trust indentures should include, at a minimum, the following items and conditions:
1. 
General Provisions.
a. 
Definitions applicable to the land subdivision, the proposed development, and the responsibilities of both the subdivider/developer and the new property owner.
b. 
Applicable provisions from this Section establishing the trust indentures and terms.
c. 
General provisions identify other rights and restrictions that may be applicable to either the individual property owners or the property owners' association. These could include, but not be limited to:
(1) 
Enforcement of trust indentures.
(2) 
Severability of trust indentures.
(3) 
Amendments.
(4) 
Utility easements.
(5) 
Care and appearance of premises.
(6) 
Garages.
(7) 
Leases.
(8) 
Noise.
(9) 
Improvements.
(10) 
Insurance.
(11) 
Change of ownership.
(12) 
Exterior planting.
(13) 
Sidewalks.
(14) 
Repair, maintenance, and replacement.
(15) 
Trash containers.
(16) 
Trash pickup.
(17) 
Fines.
2. 
Property Owners' Association Provisions.
a. 
General.
(1) 
Applicable provisions from this Section establishing property owners' associations and the terms.
(2) 
This Section should establish association membership and voting rights of each individual lot owner and subdivider/developer of the project.
(3) 
This Section should identify the process by which the subdivider/developer will turn over complete ownership of, and responsibility for, all common ground, elements and amenities.
b. 
Property Rights.
(1) 
This Section should establish the rights of each individual lot owner as well as the property owners' association, which shall be organized to maintain all elements and amenities of the development owned collectively by the individual lot owners.
(2) 
This Section could also include details regarding fencing (if permitted in accordance with Section 425.110, Fences), playground-type equipment and/or other structures that may be placed within the common elements.
c. 
Funding.
(1) 
Association assessments and dues should detail how funding is determined for the maintenance and care of all common ground, elements and land in the development and the conditions under which both regular and special funding assessments are developed.
d. 
Maintenance Responsibilities.
(1) 
This Section shall identify and detail the responsibilities of both the property owners' association and individual lot owners of both the living units and common elements of the overall development.
e. 
Architectural Control.
(1) 
This Section identifies and details the type and material of such items as, but not necessarily limited to:
(a) 
Alterations, additions, changes and materials used within the development;
(b) 
Rules for dealing with requests for such items from the lot owners;
(c) 
Composition of any review board organized to address such requests;
(d) 
Fees (if any) for reviewing such requests;
(e) 
Fines for violations; and
(f) 
Requirement of City of Lake Saint Louis approval for any alterations, additions and/or changes, etc.
f. 
Use Restrictions.
(1) 
This Section shall identify the permitted type of dwelling unit allowed in the project as well as actions and/or items not permitted in the project. Such prohibitions could include, but not be limited to, the following subject matter:
(a) 
Fences and pools.
(b) 
Commercial activities.
(c) 
Livestock other than house pets.
(d) 
Parking of motor vehicles, boats and trailers.
(e) 
Overhead wiring.
(f) 
Laundry poles.
(g) 
Antennas.
(h) 
Fuel tanks.
(i) 
Temporary structures.
(j) 
Signs.
(k) 
Drilling and quarrying.
(l) 
Dumping.
(m) 
Sewage disposal.
(n) 
Water supply.
(o) 
Organized sporting events.
(p) 
Patios.
(q) 
Driveways.
(r) 
Hot tubs, jacuzzi, etc.
(s) 
Exterior faucets.
(t) 
Pets.
(u) 
Fireplaces.
(v) 
Firewood.
[Ord. No. 4190, 2-1-2021]
A. 
Applicability.
1. 
This Section shall apply to any business association as defined in Section 410.090, General Terms.
B. 
Declaration.
1. 
The declaration, and any amendment thereto, shall be prepared and recorded in accordance with the requirements of this Article.
2. 
Any declaration, including any amendments thereto, existing as of September 21, 2020, but which has not been recorded with the St. Charles County Recorder of Deeds, must be recorded not later than January 10, 2021.
C. 
Incorporation.
1. 
Upon approval of any nonresidential subdivision, if not already provided to the City, the developer thereof shall provide the City with proof that the business association has been organized or incorporated in the State of Missouri.
2. 
Upon request by the City, the business association shall provide to the City proof that the business association is in good standing with the State of Missouri.
D. 
Governing Documents.
1. 
The governing documents of any business association, as well as any rules or regulations adopted by the business association, including amendments thereto, must be:
a. 
Made accessible to a member upon the request of the member in a reasonably accessible format, including by electronic mail (unless the member has requested a different format);
b. 
Posted in a conspicuous place in a common area in the nonresidential subdivision; or
c. 
Available on an internet website maintained by the business association, where they may be downloaded by a member.
2. 
Upon request by the City, the business association will provide the City with a copy of its current governing documents, if any.
E. 
Meetings.
1. 
A business association shall hold member meetings at least annually or more frequently as set forth in accordance with the declaration.
F. 
Failure To Create Or Maintain A Business Association.
1. 
In the event that any now or hereafter existing nonresidential subdivision either fails to have a business association organized or incorporated, or such business association is allowed to be dissolved or otherwise fails to perform the obligations required of it under the declaration, then, in any such event, the following provisions shall apply:
a. 
The members of the nonresidential subdivision shall be responsible for the maintenance, repair, improvement, or replacement of common ground or common elements in the nonresidential subdivision.
b. 
In the event the members of the nonresidential subdivision fail to maintain, repair, improve, or replace the common ground or common elements in the nonresidential subdivision, and, in the reasonable judgment of the City Administrator, such failure results in a violation of the City's Code, then, in such event, the City may make such necessary maintenance, repair, improvements, or replacements, and shall assess the costs incurred by the City against the members as provided in the declaration, or if there is no method for assessment provided in the declaration, on a pro rata basis as reasonably determined by the City.