ABOUT POINT VENTURE TOWNHOUSES, INC.
Venture Townhouses, Inc. is a non-profit corporation comprised of the townhouse owners at Point Venture.
The Point Venture Townhouses, Inc. is operated by a Board of Directors, which sets policies
regarding the financial, administrative and physical operation of the community, and assign the day-to-day operations and
planning to an operational staff.
WHAT’S THE PURPOSE OF THE TOWNHOUSE ASSOCIATION? Top
The purpose of Point Venture Townhouses, Inc. is to serve your needs
relative to your townhouse investment, including the special needs associated with those that are absentee owners. The
organization is governed by a set of By-Laws and an elected Board of Directors who are townhouse owners and serves staggered
terms of three years. The volunteer leadership provided by the Board includes direction of the organization’s
various activities and the paid staff of Townhouses, Inc. The staff is the primary resource for minor maintenance, maintenance
on landscaping, and overview of the 191 townhouse lots and 191 townhouses at Point Venture. The board, working with
the paid staff, prepares a budget and a program of work each year. Budget funds are provided by monthly dues and, when
necessary, by special assessments for specific purposes.
MUST I JOIN THE HOMEOWNERS ASSOCIATION? Top
Yes, once you purchase
a townhouse you are automatically a member. Point Venture Townhouses, Inc. is not affiliated with the Point Venture
Property Owner’s Association (PVPOA), formerly known as Venture Yacht and Country Club or the Travis County Water Control
and Improvement District, Point Venture (WCID). You are also within the jurisdiction of the Village of Point Venture
and obligated to follow the various ordinances of the Village.
your townhouse is at Point Venture, you must also joint the PVPOA, which again happens automatically with your purchase of
property in Point Venture. As such, you are required to comply with the Declaration of Covenants, Conditions, and Restrictions;
the By-Laws; Community Rules (presented in the form of the Handbook); and decisions and resolutions of the Point Venture Townhouses,
Inc. or its duly authorized representative.
WHAT DO I OWN? Top
lot, your townhouse, and all improvements to that townhouse. If your townhouse address is on Lakepoint Cove you own
your lot which extends from the street to an area very near the water directly behind your townhouse. Townhouses on
Venture Blvd. S. with addresses in the 500’s have lots that extend from the street to roughly 25 or 30 feet (depending
on the lot survey) behind the townhouses. If your address is on Comanche Drive, Comanche Lane, in the 200/300 range
of Venture Blvd. S. or on Demarett Drive you own the townhouse and the ground it sits on. To determine the exact boundaries,
attention should be paid to the survey done at the time of purchase of your townhouse. All owners also own, as part
of the association, the common areas between townhouses and around the tennis courts located in common areas adjacent to townhouses
on Venture Blvd. S. (200/300) and on Comanche Drive. Since you are also a member of the PVPOA you own a share of the
other common areas and improvements to those areas completed under the supervision of the PVPOA. (Owner and lot are
defined in the deed restrictions.) This information is given as a guide and not a legal representation of exactly what
WHAT DO I GET FOR MY MONTHLY HOMEOWNERS ASSOCIATION DUES? Top
can pulling and replacing keeping serviceable cans at all units picking up of miscellaneous trash not accepted by the Service.
COMMON AREA EXTERIOR
Keeping all lights operational and in good condition.
KEY AND LOCKOUT EMERGENCY SERVICE
EXTERIOR MAIL BOX MAINTENANCE
EXTERIOR CONTROL OF FIRE
ANTS, WASPS AND OTHER INSECTS
WATER, HEAT, AIR TURN ON/OFF WHEN REQUESTED**
WINTERIZATION & FREEZE PROTECTION
OF TOWNHOUSES WHEN REQUESTED**
LANDSCAPE AND COMMON AREA MAINTENANCE
To include cleanup, brush cutting, shrub and
tree trimming on a routine basis and after storms.
MOWING AND FERTILIZING OF LAWNS AND COMMON AREAS
LAWN AND COMMON AREA
WATERING IN SEASON
PROVIDE EMERGENCY RESPONSE FOR SEWER PROBLEMS AND OTHER EMERGENCY CONDITIONS IF STAFF AVAILABLE
PERIODIC INSPECTION OF
COMMON SEWER LINES TO DETECT ANY LEAKS OR CLOGGING
COOPERATE AND ASSIST TOWNHOUSE OWNERS TO THE FULLEST EXTENT POSSIBLE IN ACCORDANCE
WITH DEED RESTRICTIONS
DO REGULAR INSPECTION OF ALL TOWNHOUSE EXTERIORS IN ORDER TO PLAN AND CARRY OUT CURRENT MAINTENANCE
REQUIREMENTS AND TO ASCERTAIN IF DEED RESTRICTION VIOLATIONS ARE OCCURRING
Such as fire safety violations & architectural
non-compliance. The townhouse owner will be notified of any conditions needing attention by the PVTI office.
INSPECT TOWNHOUSE INTERIORS
ON A MONTHLY BASIS IF REQUESTED BY ABSENTEE OWNER**
PERIODIC ROOF INSPECTION FOR POSSIBLE DETERIORATION OR DAMAGE
ANNUAL TERMITE INSPECTION
AND TREATMENT AT MINIMAL COST **These services will require a liability disclaimer form be on file from the owner
HOW DO I PAY FOR MY SHARE OF THE COMMON EXPENSES? Top
The Board of Directors prepares an annual budget. The
budget is presented during the fourth quarter and approved at the January meeting in the year it is to be implemented.
The deed restriction gives the Board of Directors the authority to increase the monthly
assessment or dues a maximum of 10% per year without polling all owners. The last increase in fees was in February 2017.
An increase greater than 10% requires an affirmative vote of 2/3 of the members who are voting in person or by proxy at a
meeting duly called for this purpose.
Each month you will receive
a statement by mail or email. Fees are considered due and payable on the first and delinquent after the 20th
of the month billed.
WHAT IF I FAIL TO MAKE MY MONTHLY ASSESSMENT? Top
On the 25th of each month a penalty of $25.00 is charged
to all non-current accounts. A notice of delinquency is indicated on your monthly statement if the assessment has not
been paid by the 25th of the month (this is so stated on your statement). The account will be turned over
to the association’s attorney, if it is more than 120 days past due, a lien is automatically filed and foreclosure proceedings
will be initiated.
HOW CAN I PARTICIPATE IN THE GOVERNING OF THE ASSOCIATION? Top
Attend all homeowners meetings; volunteer for a committee, read
your newsletters and other communications.
You may run for
the Board of Directors. Elections are held each year starting in May and culminating in the election and vote tally
in July. Make your interests known through your participation at board meetings and community events.
WHEN AND WHERE DOES THE BOARD OF DIRECTORS MEET AND WHO MAY ATTEND? Top
Director’s meetings are held quarterly at 9:00 a.m. the third
Saturday of January, April, July and October. The General Membership Meeting in July is also held on the third
Saturday. You are encouraged to attend these meetings and to present your concerns or suggestions. Also, you are
urged to participate in the election of the board members each July.
WHAT MAY I DO TO MY HOME AND LOT? Top
Paint, repaint, tile, paper, panel, and other decorative improvements
to the interior surfaces of the walls, floors, ceilings, windows, and doors of your own home.
ARCHITECTURAL CONTROL Top
Townhouses, Inc. is responsible for architectural control
of all member townhouses at Point Venture. Any proposed alteration, remodeling, painting, or other work that changes
the exterior of the townhouse in any manner, whether visible or not, must be approved by the Townhouses, Inc. Architectural
Control Committee. It is a generally accepted premise that any proposed change must be compatible with the existing
appearance in architectural esthetics, building materials, and color before such approval is granted.
STRUCTURAL MODIFICATIONS Top
You are reminded that any modifications or alterations that would change the external appearance is prohibited
by Deed Restriction unless approved, in advance, by the Point Venture
Townhouses, Inc. Board of Directors and the Point Venture Architectural Control Committee; and organization separate and distinct
from both Townhouses, Inc. and PVPOA.
Plans and specifications
for such proposed improvements, changes, alterations, and/or modifications must be submitted at least forty (40) days in advance
of the proposed construction to the office of Point Venture Townhouses, Inc. for review.
Within sixty (60) days following submission of the Plans and Specification, Townhouses Inc. will
review, make their recommendation, and forward same to the Point Venture Architectural Committee for their review and approval
or disapproval. The decision of the Architectural Control Committee is final and binding; there is no right of appeal
to any other organization at Point Venture.
In event the PVACC fails
to take action on the proposed improvements, changes, alterations, and/or modifications within sixty (60) days following their
submission to them by Townhouses, Inc. you may consider the Plans and Specifications approved and proceed with your construction.
you commence construction prior to receiving approval/disapproval of the ACC, you may have to return the exterior of your
townhouse to the same shape and configuration as that which existed prior to start of construction or obtain approval from
the Point Venture Architectural Control Committee. Without prior approval you risk creating a project which will not
Point Venture Townhouses, Inc. currently has Board Directors serving
on 4 committees which includes: Architectural Control Committee, Landscape/Maintenance/Common Areas Committee, Deed
Restrictions Review/By-Laws Review/Legal Compliance Review Committee, and Financial Committee. Members are welcome to
join and serve on these committees.
Insuring a townhouse is a little different than insuring a typical
home because you don’t own the entire building. Unlike covering a house, townhouse ownership requires two separate
1. Master Policy
Point Venture Townhouses, Inc. maintains a master policy insuring
all improvements on the Common Property and on the Townhouse lots (structures) and physical damage coverage for areas of the
building that you share with neighbors such as roofs, common walls, etc. This insurance covers loss or damage by fire
or other hazards, including extended coverage, vandalism, and miscellaneous mischief. The master policy covers
individual units, as they were originally built.
townhouse owners must carry their insurance under this master policy. The cost of this insurance is not included
in monthly dues. The townhouse master policy is renewed each May. The cost per townhouse owner is billed as a
special assessment on the May statement. The Association Master Policy covers only the structures and common areas.
It is suggested that the owner contact an agent regarding personal coverage for both liability and for contents.
2. Personal Policy
As the owner of a townhouse, it is your responsibility to purchase a policy that will
pick up coverage from the sheetrock inward for your unit, including your furnishings and personal belongings. If you
make improvements, you will want to be sure they are covered under your individual policy. Personal policies cover third
party injury liability; property damage possibly caused by you; loss of personal possessions; loss of structural improvements;
upgrades and betterments made by you to your unit.
MAINTENANCE AND REPAIRS Top
MAINTENANCE OF EXTERIORS is the responsibility of each owner.
When it is necessary for projects such as full painting of the exteriors or roofing, the Board may determine the share to
be paid by funds from the Townhouses, Inc. budget and by townhouse owners. These individual assessments are held to
the lowest figure possible without compromising the overall mission of keeping our investments in first class shape. STAIRS
AND DECKS are the responsibility of the individual townhouse owner. This recognizes the differences in floor plans and
townhouse owner’s preferences concerning appearance (e.g., some owners may want painted decks, while others may prefer
a natural look with redwood or some other material). However, rails bordering decks and the balusters or pickets must
be painted or stained a color consistent with the exterior of the townhouse. Iron railings are permitted.
EXTERIOR – At the townhouse owner’s request, Townhouses, Inc. will make minor repairs
at a minimal charge to the townhouse owner. The homeowner will be informed if the repair is billable and the billable
rate will be $45.00 per hour, plus cost of materials. The owner should contract extensive repairs directly with a qualified
contractor (see Use of Contractors below).
MAINTENANCE STAFF DOES NOT MAKE REPAIRS ON AIR CONDITIONING, HEATING, OR APPLIANCES SUCH A WASHERS, DRYERS, DISHWASHERS, DISPOSALS,
INTERIOR – Townhouse owners are responsible
for interior repairs. If Townhouses, Inc. maintenance is requested to do minor repairs not covered in our services,
the homeowner will be billed at $45.00 per hour, plus materials.
OF CONTRACTORS – The Townhouses, Inc. office maintains a list of outside contractors (electrical, heating/air conditioning,
plumbing, structural, etc.) who can provide services and are requested to provide a current certificate of liability insurance.
While the office will furnish names of contractors needed for a specific type of repair, we are not in a position to recommend
any one contractor over another. Individual townhouse owners are responsible for the employment of the outside contractor
and for making arrangements for the work to be performed and the amount to be paid.
GROUNDS MAINTENANCE – Involves general policing of the townhouse common areas including mowing,
planting of shrubs, etc. Yard lights are also replaced as necessary. However, the common areas surrounding the
tennis courts are not the responsibility of Townhouses, Inc.
OTHER PROGRAMS AND SERVICES Top
Townhouse owners’ responsibilities are to adhere to appropriate
rules, regulations, bylaws, and deed restrictions. Participation of owner-members in the various activities of the organization
is strongly encouraged.
The organization carries out a number
of standing programs, which are altered or redirected from time-to-time in a continuing effort to be responsive to townhouse
owners’ needs. A brief description of these programs follows:
QUARTERLY PEST CONTROL is an optional service provided at the request of the owner. A commercial service is
available through the townhouse office for a small fee, currently $21.65 quarterly.
A separate contract provides annual inspections of all townhouses for termites. If needed, they
will also provide treatment immediately during and/or after the inspection. This inspection is usually scheduled during
September or October. The cost for this may be passed on the homeowner at the discretion of the board. If an inspection
is required for the sale of a home, Townhouses, Inc. is not involved but the owner may call the contractor to provide inspection
The Townhouse, Inc. staff will act on an emergency basis in order
to protect property and lives. If your property is involved, every attempt will be made to contact you but emergency
action will not be delayed. To deal with such emergencies it is required that the Townhouses, Inc. office have a set
of keys for each townhouse. Our employees are bonded and Townhouse, Inc. is insured.
MISCELLANEOUS RULES Top
(Including amenities operated by the PVPOA)
WHO MAY USE THE POOL, TENNIS COURTS & EXERCISE ROOM? Top
residents and their guests. Everyone is expected to observe the pool, exercise room and tennis court rules, which are
posted. There are also specific requirements for using for the recreational facilities for private parties and gatherings.
Access cards are provided by PVPOA and are required for entry to the pool, exercise room and Point Venture private park.
No one under 12 years of age is allowed to use the pool or exercise room at any time
without an adult supervisor (18 or over). You are asked not to bring glass containers into the pool area and pets
are not allowed in the pool area.
WHO PAYS FOR
MY UTILITIES? Top
You will get a utility bill from the Pedernales Electric Co-op for
the electricity. You will get a usage bill from Travis County – WCID for water and wastewater for your home.
Keeping the plumbing for your home in good repair helps conserve, and thus reduces your monthly expenses.
pays for common area electricity and water.
Other companies that provide
service in Point Venture include: AT&T Telephone and Time Warner Cable. The miniature dish that Direct TV and Dish
Satellite Service provide is allowed to be installed on your townhouse but not on the shingled roof.
CAN I HAVE MY FAMILY PET WITH ME? Top
Yes, but not at the pool!
You may keep your pet in your home. If the pet is allowed outside it must not be left unattended or tied in common areas.
Your pets are subject to all normal city regulations which basically means that they should be leashed at all times and in
consideration for your neighbors, clean up after them immediately.
WHAT ABOUT PARKING? Top
Point Venture is designed for
two cars per townhouse. Your cooperation is extremely critical in this area, especially in the summer months.
Parking becomes critical and consideration should be given to your neighbors. Store boats and their trailers properly
and do not park them in front of or behind townhouses. No permanent parking of boats and trailers is permitted.
CAN I RENT MY UNIT?
All rental agreements and leases must be made subject to the Declaration, Rules and Regulations, and By-Laws of this association.
You are responsible for any damages or violation by your tenants. Be sure your tenants know all the rules. A copy
of this book would be very helpful. They are available from the townhouse office.
POINT VENTURE TOWNHOUSES, INC. RULES and POLICIES Top
with the Rules and Regulation, Deed Restrictions and Bylaws of Townhouses, Inc. is required of all owners, tenants and guest(s)
and said compliance is the sole responsibility of the townhouse owner. Complaints about violations of association rules
may be made in writing in care of Point Venture Townhouses, Inc., 551 Venture Boulevard S., Point Venture, TX 78645, or by
phoning the association office at (512) 267-1643.
have been prepared by your elected Board of Directors and reviewed by legal counsel. The rules were prepared with community
in mind and to provide the largest portion of the owners and residents with a pleasant, safe community.
The amended Deed Restrictions for all sections of townhouses allow the assessment of
fines. The association’s decision to assess fines was not to offset expenses of the association but to encourage
the elimination of the violations. The Board of Directors approved the assessment of fines January 20, 1996. Fines may
be assessed as listed below. The violations, as reported, will be reviewed by the Board of directors and owners in violation
will be given the opportunity to present his/her position on the issue, at a hearing, immediately after the next scheduled
Board meeting after notice of the fine and prior the actual assessment of the fine.
II. Endorsement of Insurance Checks
Any owner who is co-payee on any insurance check on which the Association shall be a
co-payee shall endorse the check to the account of the Association and return the endorsed check to the Association within
ten (10) days of presentment of the check to the owner. If the owner fails to do so, the Association may levy a sanction
against the owner in an amount equal to the sum that the Association is expected to spend on the repairs, plus an additional
sanction equal; to 1.5% of that amount, for each month in which the owner continues to fails to endorse the check and return
it to the Association.
No improvement, modification or alteration
shall be made, or commenced without obtaining written approval of both the Townhouses, Inc. Board of Directors and the Point
Venture Architectural Control Committee. This procedure is outlined in the Community Handbook & Rules.
IV. Tree Cutting
No cutting or trimming of trees in the common areas is allowed without prior
permission from Townhouses, Inc. Cutting of Oak trees may carry a fine of $2,500 per tree.
V. Decks, Balconies,
1. Decks, patios, and balconies
must be kept neat in appearance.
camping is prohibited on any of Townhouse, Inc. common areas.
Clotheslines and the hanging of towels and garments from railings, fences, lawn and patio furniture in view either
in front or behind townhouses is prohibited.
patios, common areas are not to be used for visible storage of boxes, cleaning utensils, lumber, bricks, cans or buckets,
unused furniture or appliances, pipe, paint, gasoline, bicycles, tools, building materials, or other similar items.
5. Permission must be obtained from Townhouses, Inc. prior to erecting
any radio or television antenna.
6. Dumping of
trash of any kind, including tree and shrub trimmings, is strictly prohibited on Townhouses, Inc. common areas.
7. Garbage and trash must be placed in trash containers provided
by the contractor serving Townhouses, Inc.
OF THE ABOVE AREAS WILL NOT BE CONSIDERED FOR A FINE UNLESS THE SAME VIOLATION APPEARS TWO (2) TIMES DURING A THIRTY (30)
DAY PERIOD. SHOULD IT BE NECESSARY TO ASSESS A FINE, THE AMOUNT WILL BE $10.00 PER DAY UNTIL THE VIOLATION IS REMOVED
1. Owners, guests and animals must not be audible
outside the walls of the unit. They must not be audible in adjoining units.
Owners, guests and animals occupying decks, patios and common areas shall not be allowed to create a nuisance. This can include:
level of noise, offensive language, barking, etc.
FOR EACH 6 MONTH
PERIOD - THE FINES WILL BE AS FOLLOWS:
1st violation - Written and verbal warning
2nd violation - $100.00
3rd violation - $250.00
4th violation - $500.00
Future violations - $500.00 fine until
problem is resolved
Violations can be reported as follows:
1. Report violation to the local Travis County Sheriff 911
or non-emergency 512-974-0845 and notify the Townhome office of the report
2. Violations can also be documented through the
use of technology such as but not limited to: pictures, audio or video of the violation also listing date and time of occurrence.
These violations will be reviewed by the Townhome office and fines
charged accordingly. Fines can be disputed at the quarterly Townhome Association meetings. The dispute must be presented to
the Board of Directors. A majority vote from the Board is required for any dispute to be overturned.
1. You are asked to comply with
the rules for pets as stated by the Village of Point Venture.
2. Pets are required to be on a leash and under the control of the handler when outside of the townhouse.
Pets are not allowed to run free on the townhouse common areas.
3. Pet owners are completely liable and will
be held responsible for any damage or personal injury caused by their pets.
Pet owners are responsible for
immediately cleaning up after their pets.
VIOLATIONS OF ITEMS (2) (3) AND (4) ABOVE WILL ONLY BE CONSIDERED FOR
A FINE AFTER IT HAS BEEN CALLED TO THE ATTENTION OF THE OWNER AND A LETTER INDICATING THE VIOLATION HAS BEEN SERVED TO THE
OWNER. SINCE THERE IS A POTENTIAL FOR PERSONAL INJURY OR PROPERTY DAMAGE FROM PETS THAT ARE ALLOWED TO RUN FREE EITHER
INTENTIONALLY OR UNINTENTIONALLY THE AMOUNT OF FINE IS $100.00 PER OCCURRENCE. THE OWNER WILL ALSO BE RESPONSIBLE FOR
ANY COST INCURRED BY THE ASSOCIATION FOR HAVING THE PET CAPTURED AND RESTRAINED.
1. No firearms are allowed to be discharged in Townhouses, Inc. common areas.
2. The use of fireworks in the Village of Point Venture is prohibited!
3. Open fires are prohibited in all Townhouses, Inc. areas.
4. Only SA Certified propane devices are allowed
on wooden decks.
5. A fire extinguisher, conforming
to marine type USCG, Type A, Size II or Type B; C, Size I, with Underwriters Laboratories seal, in good condition, and inspected
annually shall be quickly and easily accessible in case of emergency. Hardwired smoke alarms are recommended.
Battery operated devices should be installed in areas where hard wired devices are not practical.
6. Railings, walkways, porches and decks shall be maintained in good condition
in order to provide safe entry and exit.
motorcycles or bicycles are not allowed on the grassy portion of Townhouses, Inc. common areas.
8. Fire pits and Chimeneas outside of townhouses
and on common property are strictly prohibited.
VIOLATION OF ITEM 3, 4, AND 8 WILL BE CONSIDERED FOR ASSESSMENT OF FINES.
THE AMOUNT OF THE FINE WILL BE $500.00 PER OCCURRENCE.
vehicles, trailers, etc. may not drive or park on the grassy portion of any Townhouses, Inc. common areas.
2. No transport trucks, 18-wheelers or commercial trucks are
allowed to be parked overnight on Townhouse, Inc. common areas. This includes areas behind the townhouses.
3. Motorhomes, boats, and trailers are not permitted to be
parked in front of or behind townhouses except for the purpose of loading or unloading.
4. Inoperable vehicles, including vehicles with flat tires, may not be left
in any space on Townhouses, Inc. common areas for more than ten (10) days and are subject to towing at the owners expense.
5. No repair work or blocking of any vehicle off the ground
is permitted on Townhouses, Inc. common areas (this includes all paved parking areas).
VIOLATION OF ALL ITEMS ABOVE WILL BE CONSIDERED FOR ASSESSMENT OF FINES. THE AMOUNT
OF THE FINE WILL BE $10.00 PER DAY UNTIL THE VIOLATION IS REMOVED OR CORRECTED.
X. Emergency Services
1. Townhouses, Inc. is not responsible for providing keys or access to rental
2. Townhouses, Inc. personnel may provide after
hours emergency access after verification of authority to enter townhouse unit. The charge for this service will be
IF YOU HAVE ANY FURTHER QUESTIONS ON ANY ITEM THAT MAY
OR MAY NOT BEEN COVERED IN THIS HANDBOOK, PLEASE CONTACT THE OFFICE BY PHONE OR BY LETTER. WE ARE VERY HAPPY TO HELP!
Association Address: Point
Venture Townhouses, Inc.
551 Venture Blvd. S. Point Venture, TX 78645
Email address: firstname.lastname@example.org
Web Site: www.pointventuretownhouses.org