Prestonfield L.L.C. was the Declarant, with Lennar Chicago, Inc. as the Designated Builder. The Declarant exercised control during the development period. Declarant control terminated no later than April 20, 2011 — seven years after the Declaration was recorded. The community has been fully owner-controlled since at least that date. The founding Board of Directors were Declarant-appointed, not elected by residents.
Declarant Information
Field
Detail
Declarant
Prestonfield L.L.C., an Illinois limited liability company
Sole Member of Prestonfield L.L.C.
Concord Homes, Inc., a Delaware corporation
Concord Homes signatory
Dean A. Edmeier, Vice President
Designated Builder
Lennar Chicago, Inc.
Declaration Recorded
April 20, 2004
Turnover Date (latest)
April 20, 2011 (7 years from recording)
Community fully owner-controlled since
At most April 20, 2011
Managing Member name change
Supplements 1-2 (Jul-Dec 2006): “Concord Homes, Inc., d/b/a Lennar, a Delaware corporation”. Supplement 3 (Mar 2007): “Lennar Chicago, Inc., an Illinois corporation” — confirms corporate transition between Dec 2006 and Mar 2007. Dean A. Edmeier continued as VP signatory throughout.
Final Declarant signatory
Glenn V. Richmond, Vice President of Lennar Chicago, Inc. — signed Supplement No. 4 (Oct 2010) and Community Area Deed R2011-042872 (Mar 2011). Replaced Dean A. Edmeier.
Applicable Rules
Rule
Source
Section
Declarant is Prestonfield L.L.C.; Designated Builder is Lennar Chicago, Inc.
Declaration 2004
Recitals
Declarant control terminates no later than 7 years from recording date
Declaration 2004
Article (Turnover provisions)
Initial Board of Directors designated by Declarant
Articles of Incorporation 2003
Article 5
Subdivision Details
County: DuPage County, Illinois
Municipality: City of West Chicago, Illinois (ZIP 60185)
Units: Prestonfield Unit 1, Unit 2, Unit 3 (residential); Unit 4 and Unit 1A (community area only)
Total Residential Lots: 215 (plat numbers run 1-217, but Lots 55 and 56 were never created; count is 54+15+79+67=215)
Streets: Post Oak Circle/Drive, Sweetbay Lane, Heritage Woods Drive, White Oak Lane, Snowberry Lane, Laurel Lane, Hemlock Lane, Sandcherry Lane, Sassafras Drive, Red Oak Court, Woodland Avenue (Unit 1A area)
Subdivision
Lot Range
Recorded
DuPage County Doc No.
Prestonfield - Unit 1
Lots 1-54, 57-71
October 6, 2003
R2003-385610
Prestonfield - Unit 2
Lots 72-150
December 9, 2003
R2003-465208
Prestonfield - Unit 3
Lots 151-217
March 11, 2004
R2004-065341
Prestonfield - Unit 4
Community area only (Lots 218, 220, Outlot N)
October 18, 2004
R2004-267393
Prestonfield - Unit 1A
Community area only (Outlot C)
September 30, 2009
R2009-149663
History
The Declarant-designated founding Board (Mankedick, Rutledge, Godek — see board-of-directors) served only until the first annual owner meeting, after which residents elected the Board. All developer interests in the community terminated by April 20, 2011 at the latest. Lennar Chicago, Inc. has no ongoing role in the community.
Open Questions
The precise date that Declarant control actually transferred (as opposed to the contractual deadline of April 20, 2011) would be reflected in meeting minutes from approximately 2005–2011. Ingesting early meeting minutes would establish the actual transition date.