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. (renews at {{format_dollars}}{{start_price}}{{format_cents}}/month + tax). ", The issue is further complicated by the fact that Continental and the Legionnaires cant seem to agree on how much it would cost to repair and maintain even a small lake option. Come see us today! 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. The fee had been set to begin at the start of February, but due to the bankruptcy, it has been put on hold. If APPROVED and Option A is selected, then the property will be deeded to the Lake Elaine owners. Other areas of compromise included an offer to push out the full Lake Elaine repair as long as 10 years, providing additional running room to plan and capitalize for a proper longer-term repair. Contrary to the Associations statements, a partial repair would cost nowhere near the millions of dollars suggested by the Association. 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. The . There were several additions made in the 1970s. {{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. The hoa policies can change with time for Continental Country Club so if you see an error please contact us so we can fix it. Continental is responsible for those owners access to amenities and common area maintenance. The costs are too much of a burden for members on a fixed income? A July 14 article for the Arizona Daily Sun explored the issue through testimony from management of the country. Why didnt the Board give us a warning that this was going to happen? 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. COMMUNITY TYPE: RESIDENTIAL SFH COMMUNITY LEGAL NAME: CONTINENTAL COUNTRY CLUB R.O., INC. ALSO KNOWN AS: CONTINENTAL COUNTRY CLUB TYPE OF CORPORATION: DOMNP ORIGINAL CORPORATION FILING DATE: 05221989 COMMUNITY ID NUMBER: N32426 What remains to be seen is whether Continental will get the votes they need to avoid Chapter 7, what will finally become of the contentious Lake Elaine,and whether the organization will be able to repair its financial situation in the long run. The special assessment can be paid over two years with eight (8) quarterly payments of $261 (which includes 5% interest). The Continental Country Club constructed Lake Elaine back in the 1970s. Our clubhouse is over 50 years old and the other amenities require maintenance and repair. Continental Country Club Home and Lot Sales, Long-Term & Seasonal Rentals Are Currently Handled By: Click on the Link Below to See the Available Homes For Sale www.FourStarHomes.com Click this Link for Rental Homes. To him, the results of this 2020 study were disturbing.. Main: (928) 526-5125Oakmont: (928) 526-7990Golf Shop: (928) 527-7997Bear Paw: (928) 522-1588, 2023 CONTINENTAL COUNTRY CLUB ALL RIGHTS RESERVED. Sign up for our newsletter to keep reading. The required work would require Engineers, Contractors, and time. You have permission to edit this article. 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. Get up-to-the-minute news sent straight to your device. If the plan is approved, Murray says there are two options that can be done with the land. Beginning 2024, we have three small increases to annual dues of $97 which resolves deferred maintenance and creates appropriate reserves/plan for maintaining building/grounds. There has been much misinformation about the history of Lake Elaine and the ability to maintain lakes in this area. What about the special assessment or other fees? 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. application fee details: $55 app fee online at our website bishoprealtygrp. Sean Golightly reports on the environment and the city of Flagstaff. 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. 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. He is a big sweetheart but a little too rough for my Pygmy Goats. A reserve study is not something to be taken lightly, said lakefront resident Dan Penoff, who has nearly 30 years of experience on homeowners association boards outside of Continental. They pay the full membership dues and receive the same benefits. Staffed with talented and devoted professionals, Continental Country Club is among the area's best-rated public courses. Ensure continued use of our club amenities and environment. In the same newsletter, Murray quoted Patrick A. Clisham of Engelman Berger, the legal counsel to Continental Country Club, as having said Chapter 7 means chaos. The Ferraro Groups contract and the previous Cindy May Marketing contract are for the same amount. 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. On this point, the Legionnaires agree. Contact ClubCorp for social membership dues questions: 623-742-6200 Download homeowners online payment guide. 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. They don't want to claim for damages. The original clubhouse was built in 1960. They want the lake fixed, Bliss said. 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. But Bliss also took issue with the HOAs suggestion that the issue over Lake Elaine was the primary cause of the bankruptcy. Court reservations required. 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! 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! Held says the bankruptcy wont close the golf course or force any layoffs and daily operations will go on as normal. If you choose to deed restrict with CCC HOA, the Annual Dues for the current year will be waived! Continental Country Club General Manager Talia Murray says if approved, the one-time assessment can be paid over two years by residents and HOA fees wouldnt go up until 2024 and increase over three years. She adds however, if the plan isnt approved, Chapter 11 could turn into Chapter Seven and assets within the club could be sold off to pay for the current debt. That could mean events like, the annual Easter Egg hunt, breakfast with Santa and Lights on the Lawn could be in jeopardy. Home to one of the best-rated public golf courses in Flagstaff, AZ. The work and fines until the lake was filled amounted to a lot of money that our Association does not have. Continental Country Club HOA Chula Vista, CA Before buying in Continental Country Club HOA you will want to check out their reserve funds, budgets, bylaws as well as the rules and restrictions of the community. Not necessarily. We do not currently expect the LFOs to elect Option A. 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 . 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 Trustee is charged with maximizing distributions to creditors. 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. Beyond the potential Lake Elaine obligations, we have a 50-year-old building, and numerous amenities. The Board President of the Homeowners Association of Continental Country Club in Flagstaff, . First used to store water for the golf course, Lake Elaine is now only aesthetic, but has been leaking water for decades. They are down to earth, fun-loving people that enjoy spending time together laughing over great food and refreshing drinks. 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. The Wyndham Timeshares (125 units) are Full Members of Continental just like all other owners. If I havent yet paid my annual dues, will they still have to be paid? Our main desire is for members and guests, alike, to have a memorable golfing experience. However, the CC&Rs needed to be combined with the assessments at the amounts approved by each individual subdivision at that time. Still, Chapter 7 and the liquidation of assets that would follow are by no means in Continentals interests. President - The president of the Board presides at all meetings of the Board of Directors. The special assessment will go into effect immediately and the annual dues increase, phased over three years, is estimated to begin in 2024. https://continentalflagstaff.com/planning-for-a-special-assessment-of-2000/, As the CC&Rs are currently written, townhome and condos have the right to vote on special assessments and on annual assessment increases of over 20%. The first payment would be due the same day as the due date for the special assessment. There are condominiums, big and small, that you can purchase in the $180,000 - $300,000 price range. Schedule: No open play during the off-season (Nov-Apr). How does the Chapter 11 filing affect me as a Continental Country Club Member? Based on the HOAs rules, those fees can only be raised by a two-thirds vote by all members. Flagstaff, Feb. 12, 2021 Continental Country Club is a great place to live and provides many amenities for the broader community. The question is why. That's not what any of our folks want. The question is why. 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.. Without an additional court order, the Trustee steps into the Debtors shoes and inherits any and all land restrictions, encumbrances, etc. Get up-to-the-minute news sent straight to your device. For the good of our residents and those who enjoy our facilities, it was time to take action.. 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. 3. It is disingenuous for any group to shift the blame to the reserve study, and then not vote to fund the maintenance and improvements identified in the study.. You can cancel at any time. 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 . That's not true. Selling the golf course is not legally a feasible option until we emerge from Chapter 11 bankruptcy. 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. There are many unknowns associated with a conversion to Chapter 7. Continental Country Club has 2,395 owners. Is it possible to leave the HOA so we're not part of it? Please subscribe to keep reading. However, even if we cant use amenities, were still required to pay annual lot assessment fees even when unable to use amenities. Is it possible to leave the HOA so we're not part of it? Can we just abandon the property? 2380 N Oakmont Dr (link to message). Flyer Link. Joining the Continental Country Club HOA is the easiest way to protect your propertys value! The remaining properties consist of Townhomes, Condos and timeshares. The following is a statement from Lakeside Homeowners At Continental: Continental Country Clubs Financial Challenges Result From Failure to Plan and Confront Obligations. Here, golfers find a quiet and peaceful round of golf at what feels like a destination club. Yes, there is nothing inherent in Chapter 7 that dissolves the HOA. View 17 homes in Continental Country Club listed under Lake, Marion, Sumter & West Orange Marina Golf Course Pet Friendly Waterfront 17 homes available Properties per Page Cracked limestone makes up the karst geologic formation beneath a worn-out section of concrete and plastic liner on the edge of Lake Elaine in the Continental Country Club in this 2016 photo. HOA Legal Name: CONTINENTAL COUNTRY CLUB R.O., INC. That fee would drop to $500 if the HOA begins refilling the lake, and continue until it is full. Search And Rescue Crews Tended To An Injured Hiker On Mt. This would include 4-5 ponds, walking trails, benches, limited parking and would be open to, With either option, and assuming successful confirmation of our reorganization plan by the bankruptcy court, we have no ongoing legal obligation to continue any litigation from lakefront homeowners. How much are you paying for these signs Im seeing, and this PR firm? That would be within the discretion of the trustee. Zillow has 3 homes for sale in 34785 matching Continental Country Club. In 1988, a group of lakeside homeowners filed a class action lawsuit against the HOA that mandated that the HOA should keep the lake full, but so far, no significant repairs to stop seepage have moved forward. Sign up for our newsletter to keep reading. And its free! junio 12, 2022. jonah bobo 2005 . Subscribe to our Daily Headlines newsletter. All Single-Family homes governed by the CC&Rs are obligated to pay an annual lot assessment. Our members will be voting to approve this fee which will be necessary for the reorganization plan to move forward. 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. Reorganization comes after decades of the Association kicking the can down the road. There was a problem saving your notification. This anomaly resulted in 1994. The Lakeside homeowners want Continental to thrive as a strong community and healthy Association. We also have aging facilities that require upkeep with an insignificant amount of reserves. For the most part, most of our Members should not be affected by this petition. If the Assessment and dues increase fails, and the HOA converts to Chapter 7, will the Lake Elaine lawsuit continue? These homeowners - the "Class" - believe that the Association has options to address its financial challenges. HOA Fee Includes Are you looking for a great restaurant? 150 Saab tingida. The Continental Country Club course is filled with par 3s and par 5s, offers beautiful mountain views and a friendly, neighborhood environment. Thank you to everyone who came out and play, we are looking forward to some exciting changes in-store for next year. There is no definite date as to when the clubhouse pool was built; however, there is a 1979 photograph showing the pool and the two adjacent tennis courts. Before buying in Cont Country Club HOA you will want to check out their reserve funds, budgets, bylaws as well as the rules and restrictions of the community. Log in, Continental Country Club HOA Chula Vista, CA, Alicante at San Miguel Ranch HOA Chula Vista, CA. How do timeshares fit into the funding picture? 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.. All owners of lots subject to the declaration are required to be members of Continental Country Club, Inc., per the recorded declaration. When were the clubhouse and clubhouse pool built? 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. 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. continental country club hoa fees. Its those reasons why the Club went into Chapter 11 bankruptcy in February of 2021. The money for the signs was donated. If it is to be divested, it must be accepted by a third party. In 2017, residents came back and asked the court to hold the HOA in contempt for not following through on its mandate to keep the lake full. 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.

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