Residents are deciding whether or not to approve a raise in HOA fees and a one-time special assessment of $2,000. The reason for the increases are due to ongoing financial concerns involving Lake Elaine, a $600-thousand balloon payment due regarding irrigation of the golf course and ongoing deferred maintenance to some of the amenities. to fines, and Continental Country Club HOA reserves the right to require restoration of the property to its prior condition. Trees are falling in Flagstaff and have been compromised as a result of recent winter storms. Is there a way that the CC&Rs can be amended to give the townhome and condos the same voting rights as the single-family homeowners? On this point, the Legionnaires agree. The HOA fees in this community is about $265 to $320 a month, depending on location (golf course and waterfront lots are available) and includes lawn care and trash pick-up. Under the option, it would deed the Lake Elaine footprint to the lakefront owners and provide them $2.5 million raised from the proposed $2,000 payments so that the Legionnaires can implement a smaller lake or any other solution the Lakefront Group determines is appropriate with the resources available, and thereafter, maintain such improvements as they deem fit with no further contribution from [Continental] or its broader membership., Based on their statement, the reason Continental wants to sever their responsibility for maintaining Lake Elaine has to do with their skepticism that a long-term, sustainable lake is possible. Starting in 2024, associate members would owe an additional $63 for 2024, 2025, and 2026. The Kroger Co. The amount of a one-time special assessment and annual dues increases has been discussed earlier in this section as well as in several Things to Know messages. A July 14 article for the Arizona Daily Sun explored the issue through testimony from management of the country clubs homeowners association and other residents. The Wyndham Timeshares (125 units) are Full Members of Continental just like all other owners. Two yeses mean $2.5M goes to either Option 1 or 2 as determined by creditors. Email notifications are only sent once a day, and only if there are new matching items. 2380 N Oakmont Dr A 2019 report from engineering firm Terracon evaluated that the lower lake elevation would have relative stability. The same report concluded, however, that any plan should include the eventual replacement of the liner below this elevation., Outlined in their amended disclosure statement, Continental has included a small lake option in its plan to emerge from bankruptcy, but with one caveat: the club no longer want to be responsible for maintaining the lake. But for Continental to do any of this, theyll need money, and they dont deny that they need money for more than just Lake Elaine. Selling the golf course is not legally a feasible option until we emerge from Chapter 11 bankruptcy. You know, we think a partial repair could have been done for as little as $600,000, said attorney Jason Bliss with the office of Aspey Watkins and Diesel, who is representing the homeowners. 27470 Jefferson Ave. Pizza making Mamma mia, we love this one! Great Circle Media serves Flagstaff, Prescott, Sedona, and the surrounding areas with Northern Arizonas Best Radio Stations! From AU$247 per night on Tripadvisor: Starlight Lodge at Rockport Harbor, Rockport. A July 14 article for the Arizona Daily Sun explored the issue through testimony from management of the country. Continental Country Club - Eileen Taggart - Brokered by Exp Realty HOA Legal Name: CONTINENTAL COUNTRY CLUB R.O., INC. All Single-Family homes governed by the CC&Rs are obligated to pay an annual lot assessment. Continental Country Club HOA in Chula Vista, CA If Option A is selected from the Amended Disclosure (not expected) then the property will be deeded to the Lake Elaine Owners and become, If Option B is selected, the redesign trails and ponds will be the responsibility of the Association and. Below you can find information for the homeowners association including HOA fee includes, community features and amenities. How does the Chapter 11 filing affect me as a Continental Country Club Member? The property cannot be abandoned. (link to message). {{start_at_rate}} {{format_dollars}} {{start_price}} {{format_cents}} {{term}}, {{promotional_format_dollars}}{{promotional_price}}{{promotional_format_cents}} {{term}}, Nebraska cheerleader competes by herself at state competition, but crowd doesn't let her feel alone, One we will all remember: Flagstaff sees second-snowiest winter in recorded history to date, Trees also feeling effects of winter storms in Flagstaff, Driver arrested for DUI, kidnapping after hitting a Flagstaff police patrol vehicle, Flagstaff History: Powwow is a 'go' for summer, Flagstaff Eagles win first girls basketball title in 31 years, The experience for jurors in Coconino County is changing, Letter to the Editor: Local pleads to city to put foot down on short-term rentals, Flagstaff schools planning to make up instructional time after this winter's snow days, Investigation underway after body found near Sunset Crater National Monument, Flagstaff and Summit Fire crews battle Baderville house fire in a blizzard Thursday night, KFC is bringing back a fan favorite after a nearly 10-year hiatus, Former NFL star Chad Johnson says he saved money by living inside Cincinnati Bengals stadium for 2 years, Another winter storm to drop 14-22 inches of snow on Flagstaff, northern Arizona, continentalflagstaff.com/the-voting-process-on-the-two-fees/, City of Flagstaff Year in Review: Housing, transportation key considerations as city develops, Moscow reportedly threatened new parents in Ukraine: Register your newborns as Russian or else, The impact of climate change will be felt worse in these three U.S. cities, Scientists reveal hidden corridor in Great Pyramid of Giza, Greece train crash: Public anger grows as death toll rises. . To him, the results of this 2020 study were disturbing.. It has not been a normal winter in Flagstaff. There was a problem saving your notification. Pennsylvania (/ p n s l v e n i / (); Pennsylvania German: Pennsilfaani), officially the Commonwealth of Pennsylvania, is a state spanning the Mid-Atlantic, Northeastern, Appalachian, and Great Lakes regions of the United States.It borders Delaware to its southeast, Maryland to its south, West Virginia to its southwest, Ohio to its west, Lake Erie and the Canadian province of . Ensure continued use of our club amenities and environment. But some lakefront residents on the other side of the legal battle have a different perspective. And it's free! One major reason is due to an October 2020 ruling that the clubs homeowners association must repair and refill Lake Elaine after leakage from the lake was discovered. Most of it, though, is the result of the Associations failure to plan and its collective failure to confront issues and take proactive steps to address them. The lake level has been falling because water is seeping out despite previous attempts to seal the lake bottom. The restrictions contained in a declaration are covenants that run with the land and cannot be terminated by the owner. Deeper into Lake Elaine: Residents contend lake is not to blame for country clubs bankruptcy. . Example turn the golf course into single-family homes. The Lakeside Homeowners would lose as much as any other owner would if the bankruptcy ended in a liquidation.. What is the difference between Chapter 11 Reorganization and Bankruptcy? Each year, members may elect a new board or move to a professional management association. Indeed, in a letter to HOA members, Held said the organization also has a $600,000 balloon payment on a loan taken out in 2011 for the installation of a new irrigation system. We do think that if we are unsuccessful in approving the fees necessary to support the reorganization plan, there will likely be a negative effect on property values with the reduced or possible loss of amenities currently enjoyed by HOA members including golf course or driving range, tennis or pickleball courts, swimming pool, clubhouse and Bear Paw Recreation Center. Contrary to the Associations statements, a partial repair would cost nowhere near the millions of dollars suggested by the Association. . We have developed such a plan and are confident that if our members approve the two fees to support it, we will take a big step towards a better future for our Association, https://continentalflagstaff.com/things-to-know-the-continental-country-club-reserve-study/. The Lakeside homeowners want Continental to thrive as a strong community and healthy Association. Mountain Home Craigslistidaho choose the site nearest you: boise; east If you are looking for our main website, click here. Will all country club members be allowed on the new redeveloped lake? Bliss said the HOA also has lots of deferred maintenance fees, while also having some of the lowest member fees in the state. Continental has known about its financial challenges for years, even decades, but neglected to plan for or properly address them. The required work would require Engineers, Contractors, and time. Continental Country Club's HOA files for Chapter 11 bankruptcy Adrian Skabelund Feb 17, 2021 Updated Mar 24, 2021 0 Cracked limestone makes up the karst geologic formation beneath a worn-out. Bliss said they believe that most of the leaks are in the upper portion of Lake Elaine and targeting repairs toward that section of the lake would go a long way in solving the problem. Staffed with talented and devoted professionals, Continental Country Club is among the area's best-rated public courses. Main: (928) 526-5125Oakmont: (928) 526-7990Golf Shop: (928) 527-7997Bear Paw: (928) 522-1588, 2023 CONTINENTAL COUNTRY CLUB ALL RIGHTS RESERVED. However, a Chapter 7 panel trustee would be appointed and all decisions regarding the operations of the HOA will be made by the Trustee. Do all members of the HOA get to vote for the new HOA Dues and Special Assessment? Continental Country Club HOA Chula Vista, CA Continental Country Club Continental Country Club Website Continental Country Club Townhomes and Condos Property listings 1 - 2 of 2 1 Sort by: Open House $320,000 MLS # 192269 1 Bed 1 Bath 745 Sqft Status: Active Condominium 2650 Valley View Drive Unit 226 Flagstaff, AZ 86004 $465,000 MLS # 191389 2 Beds 2 Baths 1,387 Sqft Status: Active Townhome At the beginning of the Chapter 11 process, we explained that values may be negatively affected. However, the CC&Rs needed to be combined with the assessments at the amounts approved by each individual subdivision at that time. Will there be a special assessment to help cover some of the debts? Reserve your next round of golf with our quick and convenient online booking engine. Posted about 2 hours ago $2,950 / 3br - 1145ft2 - Beautifully remodeled 3bed,2bath in Green Mountain home!1 WEEK FREE* (461 S. $3,875 / 1br - 682ft 2 - One bedroom home with vaulted ceiling and balcony . There are no positives., Dissatisfied as the Legionnaires might be about the current state of Lake Elaine and Continentals proposed solutions, A successful vote is actually in everyones best interest, said Legionnaire and lakefront resident Tim Harrington in an email to the Arizona Daily Sun. HOA Faces Bankruptcy Over Man-Made Lake | HOAM News - Hoa Management .com They might dispute the proper way to move forward with Lake Elaine, but they appear to agree that voting to approve the special assessment is necessary to help Continental emerge from bankruptcy. The plan gives the LFOs the option of taking ownership and responsibility for the property going forward and relieving CCC of all future liabilities in exchange for a onetime payment by CCC to the homeowners of $2.5 million. Chapter 11 Reorganization | FAQ | Communication with Members | Court Motions & Hearings | Media Announcements. 50 Continental Blvd. After the October 30th preliminary ruling, the board studied and reviewed all possibilities, along with speaking with several professionals and our attorneys. If APPROVED and Option A is selected, then the property will be deeded to the Lake Elaine owners. Log in, Continental Country Club HOA Chula Vista, CA, Alicante at San Miguel Ranch HOA Chula Vista, CA. continental country club hoa fees. Continental received $1500 in donations for marketing materials for the campaign. . Continental owns and maintains the Walnut Canyon Lakes, and the Associations own experts have testified that Lake Elaine can be repaired. We do support the vote for the additional funds for the homeowners association.. The owners of these properties are also obligated to pay annual assessments to CCC based on their respective CC&Rs. Continental Country Club HOA is a community located in Flagstaff, AZ (Coconino County). Helly Hansen Active Winter sulejope UUS! The perceived pattern of mismanagement plays into the perspective put forward in court by the suing class of lakefront homeowners the Lakeside Legionnaires as they call themselves. Continental Country Club - 78 Spaces is an apartment community located in San Diego County and the 91911 ZIP Code. He recalled clear statements in meeting minutes from Continentals board of directors meeting that the reserves were significantly inadequate back in 2014., There was no follow-through, and the reserves are still woefully inadequate, Nilsson said. Situated below Mount Elden in Flagstaff, AZ, the 18-hole championship golf course at Continental Country Club was designed by Bob E. Baldock. When were the clubhouse and clubhouse pool built? That fee would drop to $500 if the HOA begins refilling the lake and continue until it is full. *Country Club Homeowners: This amount is for quarterly dues only and is separate from mandatory social membership dues. Continental Country Club - 78 Spaces - Apartments.com Sean Golightly reports on the environment and the city of Flagstaff. Reach him at sgolightly@azdailysun.com, on Twitter at @sean_golightly, or on Instagram at @golightly_writes. The Villages, FL 32162 Directions. For the good of our residents and those who enjoy our facilities, it was time to take action.. A 1991 class action lawsuit ruling stated the lake must remain full. It has asked residents to vote to approve a $2,000 special assessment payment and a 20% increase in annual dues to help the country club emerge from bankruptcy and turn Lake Elaine into something less costly. Book Your Tee Time on our EZLinks tee times page in a new tab, In addition to championship golf, we offer tennis courts, a fitness center, a swimming pool and social events! Bliss said after the court held the HOA in contempt last year, the homeowners approached the HOA about ways to move forward, but their offers were rebuffed and the HOA decided to move forward with bankruptcy instead. This one-acre park, opened in 2013, includes a playground with a swing set and a picnic table. In a statement to the Arizona Daily Sun, Continental attorney Scott Cohen said, While Continental certainly has obligations other than the Lakefront Group, such as addressing its appropriate capital reserves to ensure proper maintenance of its amenities and common areas, this was not the primary cause for the bankruptcy filing.. I just see that as being poorly managed, Penoff said. Continental Country Club Flagstaff, AZ 86004 Situated below Mount Elden in Flagstaff, AZ, the 18-hole championship golf course at Continental Country Club was designed by Bob E. Baldock. Buying a new home in the Continental area? Are you looking for a great golf course?Are you looking for a great restaurant?Are you looking for a great 55+ retirement community?Then, youve come to the right place. Sign up for our newsletter to keep reading. Continental Country Club's HOA files for Chapter 11 bankruptcy (AZ) HOA of Continental CC Files for Chapter 11 Protection - Club What happens if 2 YES (APPROVE) for Special Assessment and Annual Dues Increase? For HOA info, property manager and board member contact, HOA fees, maintenance requests, estoppel, complaints, HOA rules & regulations, documents, amenities, real estate purchase/sales, wind mitigation requests, and architectural/landscape committee. Home to one of the best-rated public golf courses in Flagstaff, AZ. The aforementioned 2019 Terracon report does indicate that there are viable solutions to refill Lake Elaine including short-term use of the existing liner or a more long-term geomembrane liner but does not shy from saying that the porous limestone and geologic conditions in the area are problematic for a lake or reservoir. It goes on to say that it can certainly be argued that this site was a poor choice for a lake or water feature of any significant size., Another 2019 engineering report from Natural Channel Designs reached similar conclusions, saying the geologic and environmental setting of the lake presents significant challenges to its continued existence. This community dates back to 1975 and has continued to develop over the years. Lake Elaine did not cause Continental to file bankruptcy, but the Class can potentially be a partner finding practical solutions to address the Associations financial constraints for the benefit of all members. Caractersticas Helly Hansen Arctic Patrol H2Flow Parka. Contenido de 2011 Sunwest loan with Oct. 2021 balloon payment due, Deferred and anticipated club amenity maintenance, Decades-long Lake Elaine lawsuit with potential daily fines of up to $700 per day and restoration of a full lake. So, we either pay the known $2.5 million now, or pay more later up to the $15 million? Held says the bankruptcy wont close the golf course or force any layoffs and daily operations will go on as normal. The Court further concluded that failure to plan did not equate to an inability to comply., While the Legionnaires do not deny Continentals precarious financial situation, they dont think it inhibits or excuses them from upholding legal obligations surrounding Lake Elaine. What about the special assessment or other fees? If we pay the $2.5M now, were done forever, other than ongoing maintenance of the small ponds, according to Judge Ballinger. In their amended disclosure statement, the Legionnaires claim the trouble with Lake Elaine is not that its impossible to maintain, but that the Association [Continental] has simply failed to perform any real repair or maintenance of the Lake for nearly 30 years. They say their perspective was upheld in 2020 by the courts, noting that [Continental] argued then, and argues now, that it does not have enough money to fund Lake Elaine repair, but that did not persuade the Coconino Superior Court, which concluded that the Association knew it had a responsibility to maintain the lake but failed to do so. The court agreed, and a daily fee of $700 was placed on the HOA for not filling the lake. Why am I paying for amenities I dont use? 2380 N. Oakmont Drive, Flagstaff, AZ 86004 (928) 526-5125 www.continentalflagstaff.com . Even more, we do all the work of the Deed Restriction for you! The Board President of the Homeowners Association of Continental Country Club in Flagstaff, . The filing for Chapter 11 reorganization stays those fines. If it is to be divested, it must be accepted by a third party. The failure to plan by the association, the failure to reserve funds, have really put the association in a tough spot.. The Class has been very willing to work with the Association to negotiate an equitable solution that would allow for a temporary repair of the Lake as part of a holistic approach to address the Associations broad financial challenges. lbdoe.bluebeard.best First used to store water for the golf course, Lake Elaine is now only aesthetic, but has been leaking water for decades. Continental Country Club Powered by GolfNow.com Book a Tee Time Satellite Layout Tees Track Rounds Scorecard Course Details Year Built 1972 Golf Season Year round Architect Ron Garl (1972) Rentals/Services Carts Yes - included in green fees Clubs Yes Practice/Instruction Driving Range Yes Golf School Academy Yes - "Stephen Wresh Golf Academy" However, even if we cant use amenities, were still required to pay annual lot assessment fees even when unable to use amenities. If you choose to deed restrict with CCC HOA, the Annual Dues for the current year will be waived! In some cases, these problems predate the current board by years, if not decades. Payment $4,996 Price/Sq.Ft. Other factors include a $600-thousand balloon payment coming due on a loan that was taken out in 2011 to complete installation of a new irrigation system on the course, and additional costs far exceeded the revenue generated by HOA fees. continental country club hoa fees Continental Country Club Files For Chapter 11 Bankruptcy, Will Stay He said the HOA has several other significant expenses and issues that have prevented it from properly facing those issues. So long as CCC owns the property, at a minimum, it will remain liable for public safety/nuisance issues and dam maintenance obligations with the State of Arizona.
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