continental country club hoa fees

Once that happens, and at the approval of the homeowners, selling the golf course is something that can be discussed. In a Chapter 7 does the trustee manage the HOA? Continental Country Club HOA is a community located in Flagstaff, AZ (Coconino County). 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" The Board President of the Homeowners Association of Continental Country Club in Flagstaff, . If Option B is selected, the redesign will be the Associations responsibility. Joining the Continental Country Club HOA is the easiest way to protect your propertys value! Flagstaff City Championship Flyer When will we know about the timing and amount of any assessments that will be needed? If you are looking for our main website, click here. Board Members for Continental Country Club Ro: Title Name Mailing Address Location; Dire . That fee would drop to $500 if the HOA begins refilling the lake, and continue until it is full. Each year, members may elect a new board or move to a professional management association. The funds usually have strict criteria for how they are to be used. For every four gallons of water that is pumped into the lake each day, three gallons are lost to seepage into the ground. Continental Country Club mostly features cozy homes that are very reasonably priced. Wildwood, FL 34785. All Single-Family homes governed by the CC&Rs are obligated to pay an annual lot assessment. Continental Golf Course Is CLOSED for the Season! continental country club hoa fees. This included an offer to complete a partial top-down repair to buy more time. Will there be a special assessment to help cover some of the debts? Situated below Mount Elden in Flagstaff, AZ, the 18-hole championship golf course at Continental Country Club was designed by Bob E. Baldock. The obligation to pay dues at least at their current level runs with the land. There are many unknowns associated with a conversion to Chapter 7. Call the Pro Shop at 352-748-3293 to reserve your tee time Welcome to Continental Country Club Are you looking for a great golf course? 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. If the Assessment and dues increase fails, and the HOA converts to Chapter 7, will the Lake Elaine lawsuit continue? They are down to earth, fun-loving people that enjoy spending time together laughing over great food and refreshing drinks. Four Star Homes has Properties in Adult, Family, and Senior Communities throughout Central Florida. If it is to be divested, it must be accepted by a third party. Quick Facts Getting Around Continental Country Club Continental Country Club Learn more about this neighborhood. 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 . You have permission to edit this article. . 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. Trees are falling in Flagstaff and have been compromised as a result of recent winter storms. In some cases, these problems predate the current board by years, if not decades. At the time, it was an asset to the HOA. There has been much misinformation about the history of Lake Elaine and the ability to maintain lakes in this area. The Course is open to homeowners and timeshare owners residing within subdivisions of Continental Country Club's Homeowners Association. Buying a new home in the Continental area? Can we just abandon the property? Without an additional court order, the Trustee steps into the Debtors shoes and inherits any and all land restrictions, encumbrances, etc. John Held, president of the board of directors for the country club sent out a letter Wednesday announcing the boards decision and the reasons why. The question is why. But [Continental] withdrew from those discussions and instead filed for bankruptcy., One of these flexible options that the Legionnaires indicated would be acceptable to them is a plan to refill Lake Elaine to a lower elevation below where a majority of the lakes liner failure and leaks have been occurring. Not necessarily. Can a trustee remove the restrictions on the use of the golf course to sell it for maximum value? The benefits are endless and your experiences will last a lifetime. Continental has known about its financial challenges for years, even decades, but neglected to plan for or properly address them. 27470 Jefferson Ave. Pizza making Mamma mia, we love this one! How does the Chapter 11 filing affect me as a Continental Country Club Member? Why are there currently some members paying different assessment rates? Email notifications are only sent once a day, and only if there are new matching items. Get up-to-the-minute news sent straight to your device. 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. Contact ClubCorp for social membership dues questions: 623-742-6200 Download homeowners online payment guide. This offer was rejected, and the Class finds it unfortunate that the Association refused to further negotiate before moving forward with Chapter 11 in secret with no transparency or consultation of any members. He said the HOA has several other significant expenses and issues that have prevented it from properly facing those issues. In an email, the board president of the Continental Country Club HOA said the organization is facing several financial challenges, including the issue over Lake Elaine. What is the difference between Chapter 11 Reorganization and Bankruptcy? Thank you to everyone who came out and play, we are looking forward to some exciting changes in-store for next year. In the mean time the proshop will still be open Tuesday- Saturday 9am-4pm. These homeowners the Class believe that the Association has options to address its financial challenges. The CC&Rs govern 1,210 single family homes. All owners of lots subject to the declaration are required to be members of Continental Country Club, Inc., per the recorded declaration. It is not true that the Lakeside Homeowners want to bankrupt [Continental], the Legionnaire statement says. 50 Continental Blvd. How do timeshares fit into the funding picture? As stated at the 2/12/21 meeting, the Board is taking ALL homeowners concerns regarding voting equality seriously and plans to include the townhomes and condos in all future votes, if legally possible. Were empathetic to those on fixed incomes, and offer payment plans to ease burdens. Round Table Discussions will be held on every, We will also be having Town Hall Meetings for everyone who is interested in attending. Homeowners have a duty to pay their annual dues and this holds true even while in a Chapter 11 reorganization. If we pay the $2.5M now, were done forever, other than ongoing maintenance of the small ponds, according to Judge Ballinger. Example turn the golf course into single-family homes. A Chapter 11 Reorganization allows us to create a plan of reorganization (a new business plan) and show the court how CCC plans to effectuate the plan. We certainly are going to be involved in the bankruptcy proceeding and continue to assert our class action rights to have the lake maintained and repaired.. Associate Members have the option to upgrade on an annual basis to full members, although full members do not have the option to become associate members. The intent in filing Chapter 11 Reorganization was to give CCC the opportunity to develop a reorganization plan and develop a solid financial footing for the future. Are you looking for a great 55+ retirement community? Please subscribe to keep reading. 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. Even more, we do all the work of the Deed Restriction for you! junio 12, 2022. jonah bobo 2005 . The question is why. Get Adobe Acrobat Reader free to view these files. Main: (928) 526-5125Oakmont: (928) 526-7990Golf Shop: (928) 527-7997Bear Paw: (928) 522-1588, 2023 CONTINENTAL COUNTRY CLUB ALL RIGHTS RESERVED. Membership in Continental is a result of home ownership. We pay a special assessment one-time fee of $2,000 and assuming success in the bankruptcy court, we are DONE with Lake Elaine issue forever! View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. Is there money set aside for the management of the HOA & enforcement of CC&Rs? The Associations responsibility to maintain Lake Elaine has been well established for decades based on a 1990 court-ordered Judgment that the Coconino County Superior Court upheld in October of 2020 following nearly four years of litigation, including multiple attempts at mediation and a weeklong hearing. What date did this filing for Chapter 11 Reorganization take effect? In a recent newsletter to Continental residents, General Manager Tahlia Murray confirmed that if unable to emerge from Chapter 11 Bankruptcy and forced to file Chapter 7 Bankruptcy, the Lake Elaine lawsuit would cease, as the HOA cannot be sued by Lake Elaine property owners or any other entity under Chapter 7. The original clubhouse was built in 1960. With huge increases in minimum wage, increasing expenses related to repairing, replacing and maintaining facilities, and rising water costs, along with the contempt action, sanctions, and order, and after exploring all other options, there was no other possible decision. First used to store water for the golf course, Lake Elaine is now only aesthetic, but has been leaking water for decades. The first payment would be due the same day as the due date for the special assessment. The reorganization plan imposes an increase to our annual assessment that will be phased in over three years beginning in 2024. Option #1 would be to deed the land to the 52 lakefront owners and pay them $2.5 million to repair and maintain the lake in perpetuity. 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. 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. So, you know, we know that the association is trying to make this look like it's the bankruptcy is all about Lake Elaine, but the association has a number of financial problems, several of which are not related to Lake Elaine, Bliss said. The filing for Chapter 11 reorganization stays those fines. The Board had to consider how it could meet the obligations and fill the lake to a level that, according to experts, has never been sustainable. Much of these claims of mismanagement are founded on an October 2020 Reserve Study of Continentals reserve fund to evaluate how it would maintain reserves above an adequate, not excessive threshold during one or more years of significant expenditures.. Can I see a Reserve Study Summary of expenditures broken out by amenity? Learn More on our tournaments page. To hear Peter and Daves interview with Continental Country Club General Manager Talia Murray, click here: Great Circle Media serves Flagstaff, Prescott, Sedona, and the surrounding areas with Northern Arizonas Best Radio Stations! https://continentalflagstaff.com/fee-schedule-to-support-the-reorganization-plan/. Court testimony confirmed what the Class already knew: The Lake holds water and can be fixed. 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. There are many types of townhomes available from $300,000 - $500,000. 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. If I havent yet paid my annual dues, will they still have to be paid? By 2026, the annual dues increase will be $189. Our members will be voting to approve this fee which will be necessary for the reorganization plan to move forward. Please notify the Association in writing prior to the special assessment due date if interested in the payment plan, The timing for implementing the reorganization plan depends on the association receiving the funds when they are due, thus the 5% interest charge. 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. 2380 N. Oakmont Drive, Flagstaff, AZ 86004 (928) 526-5125 www.continentalflagstaff.com . Elden Thursday, Jeronimo Vasquez Named District 2 Supervisor, Grand Falls Closed To Visitors Until Further Notice, Over 30-Inches Of Snow Fell Near Downtown Flagstaff And Kachina Village From The Latest Storm, Arizona State Forestry Allocates $27-Million To Flagstaff And Coconino County, Flagstaff Beats Pueblo To Win The 4A Girls State Basketball Title, School Closings And Delays, Along With Other Weather-Related Matters For Thursday In Northern Arizona, NAU, FUSD Closed As A Major Winter Storm Leaves Feet Of Snow Behind, Missing Man, Who Was Last Believed To Be In Williams, Has Been Found Safe, ADOT Holding A Public, In-Person Meeting In Flagstaff Next Wednesday, Winter Storm Warning Extended To 11 A.M. Thursday For Flagstaff And Surrounding Areas, Copyright 2023 Great Circle Media | All Rights Reserved | Privacy Policy. Contrary to the Associations statements, a partial repair would cost nowhere near the millions of dollars suggested by the Association. Flagstaff, Feb. 12, 2021 - Continental Country Club is a great place to live and provides many amenities for the broader community. Wyndham also contributes 50% of the cost of running the Fitness Center and pays for all Capital Improvements at Bear Paw + 60% of the operational day-to-day costs. Lake Elaine is not the reason for Continental Country Club's bankruptcy, it was only one of the straws to fall after years of what, in my opinion, is gross mismanagement.. These dates are on the listed, 6/28: ballots on the two fees required to support the reorganization plan will be mailed to members, 7/30: Special Meeting of the members to vote and certify the count, 8/4: Initial Confirmation Hearing in the Bankruptcy Court. Unfortunately, this was the only possible conclusion, and once decided, needed to be acted upon quickly. Reserve your next round of golf with our quick and convenient online booking engine. Staffed with talented and devoted professionals, Continental Country Club is among the area's best-rated public courses.