Olmos Tower
Governing Documents
Governing Documents
Declaration, Bylaws, & Rules
(Click on the document you want to view)
(Click on the document you want to view)
Declaration. The OT Declaration was established on October 30, 1998. Changing the Declaration requires a vote of 67% of the Percentage of Value (Owner sf) assigned to all units. [Paragraph 20.A (3), page 40] Changes to the Declaration are documented by Amendments. OT has 24 Amendments. The OT Declaration can not conflict with the intent of State laws.
Bylaws. The OT Bylaws were also established on October 30, 1998. Changing the Bylaws requires a vote of more than 50% of the Percentage of Value (Owner sf) assigned to all units. [Article 11, page 14] The OT Bylaws can not conflict with the intent of State laws or the OT Declaration.
Rules. The OT HOA Board, with a majority Board vote can establish and/or rescind any Rule. The OT Rules can not conflict with the intent of State laws, the OT Declaration, or the OT Bylaws. [Bylaws Article 6, page 10]
Bylaws. The OT Bylaws were also established on October 30, 1998. Changing the Bylaws requires a vote of more than 50% of the Percentage of Value (Owner sf) assigned to all units. [Article 11, page 14] The OT Bylaws can not conflict with the intent of State laws or the OT Declaration.
Rules. The OT HOA Board, with a majority Board vote can establish and/or rescind any Rule. The OT Rules can not conflict with the intent of State laws, the OT Declaration, or the OT Bylaws. [Bylaws Article 6, page 10]
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OT Declaration:
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Declaration Amendments:
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Bylaws:
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Rules - Approved
March 14, 2024: |
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Some Governing Items. As an FYI, the following are a few regularly referred to Governing items.
Owner Voting. When voting for elections or changing our Declaration and Bylaws, votes are weighted according to the square footage owned. (Declaration, Paragraph 7.C.)
Mortgage Company Updates. Each Owner is required to inform the Building Manager if they have a mortgage, and if so provide current mortgage company contact information. (Declaration, Paragraph 18.A.)
Change in Ownership. Each Owner is required to inform the building Manager as soon as possible of any pending or change in Ownership.
Parking.
- The Owner of each Unit will be allocated one (1) reserved parking space. (Declaration, Paragraph 3.E.)
- Additional spaces can be assigned if available.
Renovation/Construction. For any type of Unit renovation or construction Click HERE. For any hallway alteration(s) see OT Rule 8.
Hallway Refresh Plan. At the time (2017) of the general remodel of the lobby, a standard hallway carpet, paint and door colors was selected Click HERE for additional information.
Mortgage Company Updates. Each Owner is required to inform the Building Manager if they have a mortgage, and if so provide current mortgage company contact information. (Declaration, Paragraph 18.A.)
Change in Ownership. Each Owner is required to inform the building Manager as soon as possible of any pending or change in Ownership.
Parking.
- The Owner of each Unit will be allocated one (1) reserved parking space. (Declaration, Paragraph 3.E.)
- Additional spaces can be assigned if available.
Renovation/Construction. For any type of Unit renovation or construction Click HERE. For any hallway alteration(s) see OT Rule 8.
Hallway Refresh Plan. At the time (2017) of the general remodel of the lobby, a standard hallway carpet, paint and door colors was selected Click HERE for additional information.
Archived Documents. To view OT archived documents, such as the Articles of Incorporation, Click HERE.