Douglas Park Enclave

Douglas Park Enclave Home Owners Association

Douglas Park Enclave Home Owners Association is made up of the unit owners, who collectively manage the well-being of the complex and its common areas including shared utility lines to the main street. The sections below provide all the necessary details relevant for the owners.

Board Members

The board is served by the managing trustee of Garg Holdings LLC that is the sole owner of all the units in the complex.

Registration Documents

The Douglas Park Enclave Condominium and its HOA registration documents, its covenants, conditions, and restrictions (CC&Rs) are available for the authorized users at the following document library. 

Registration, CC&R Documents Library

The library provides a comprehensive set of documents for the legal and administrative framework of the condominium and its Home Owners Association, providing a clear picture of its establishment, governance, and financial considerations.. Key areas of focus include:

• Legal Compliance: The documents adhere to Washington State laws for condominium creation and HOA establishment, including the Washington Uniform Common Interest Ownership Act (RCW 64.90 et seq) and the Washington Nonprofit Corporation Act (RCW Chapter 24.03A).

• Property Information: Detailed descriptions of the property, units, and common elements are provided, including legal descriptions and survey maps. The amendment further clarifies unit-specific tax parcel numbers and incorporated name updates.

• HOA Governance: The Articles of Incorporation and Bylaws lay out the structure, purpose, and operational procedures of the Owners Association, including membership, voting rights, and board responsibilities.

• Financial Planning: The initial proposed budget gives an overview of anticipated income and expenses, highlighting the shared responsibility for certain utilities among unit owners.

• Disclosures to Purchasers: The Public Offering Statement provides crucial information for potential buyers, covering cancellation rights, important legal obligations, and disclosures regarding reserve studies and construction warranties.

HOA Finances

HOA Financial Documents including Annual Reports, Tax Returns, Bank Statements, Invoices and Payment Receipts are available for authorized users at the following document library.

Financial Documents Library 

The library is organized into the following subfolders:

• Annual Reports: This subfolder contains annual reports and amended annual reports for the Douglas Park Enclave Owners Association. These documents provide key business information, including the UBI number, business type, principal office address, expiration date, and details about governors and registered agents.

• Bank Statements: This subfolder holds monthly bank statements for the Douglas Park Enclave Owners Association's "Business Member Share Savings" and "Business Interest Checking" accounts with BECU. The statements show account activity, fees, and annual percentage yields earned, primarily reflecting zero balances and minimal activity.

• Invoices And Receipts: This subfolder contains various invoices and receipts, predominantly for water, garbage, and sewer services for properties associated with Douglas Park Enclave. It also includes a spreadsheet summarizing water and garbage billing records.

• Tax Returns: This subfolder contains IRS Form 1120 U.S. Corporation Income Tax Returns for Douglas Park Enclave Owners Association, along with an IRS notice confirming the Employer Identification Number (EIN).