continental country club hoa fees

Joining the Continental Country Club HOA is the easiest way to protect your propertys value! If APPROVED and Option A is selected, then the property will be deeded to the Lake Elaine owners. The money for the signs was donated. All owners of lots subject to the declaration are required to be members of Continental Country Club, Inc., per the recorded declaration. To him, the results of this 2020 study were disturbing.. There are condominiums, big and small, that you can purchase in the $180,000 - $300,000 price range. Flagstaff, Feb. 12, 2021 Continental Country Club is a great place to live and provides many amenities for the broader community. Now, the association is asking homeowners to vote to approve two items a one-time fee and an increase in annual dues. 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? So, we either pay the known $2.5 million now, or pay more later up to the $15 million? Residents are deciding whether or not to approve a raise in HOA fees and a one-time special assessment of $2,000. You have permission to edit this article. Our members are what makes the social membership so special. Each year, members may elect a new board or move to a professional management association. Round Table Discussions will be held on every, We will also be having Town Hall Meetings for everyone who is interested in attending. {{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. HOA Documents Articles of Incorporation CC&Rs Bylaws Membership Policies He said the HOA has several other significant expenses and issues that have prevented it from properly facing those issues. It has not been a normal winter in Flagstaff. Residents are deciding whether or not to approve a raise in HOA fees and a one-time special assessment of $2,000. The Class also estimates this temporary solution could be completed quickly in months, not years. Why didnt the Board give us a warning that this was going to happen? Meeste parka Helly Hansen Continental XL UUS. The CC&Rs govern 1,210 single family homes. Yes, on November 16, 2021 the board unanimously passed a one-time resolution allowing townhome/condominium members a vote on the two fees that are required to support the reorganization plan. Here, golfers find a quiet and peaceful round of golf at what feels like a destination club. 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. 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. Here are the top City of Flagstaff stories from 2022. Payment $4,996 Price/Sq.Ft. With some of the lowest homeowner fees in the state less than $46 a month along with a golf course, driving range, clubhouse and other amenities the Association has the ability to generate greater revenues to pay for its obligations and update aging facilities. In some cases, these problems predate the current board by years, if not decades. 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. Log in, Continental Country Club HOA Chula Vista, CA, Alicante at San Miguel Ranch HOA Chula Vista, CA. 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. Board Members for Continental Country Club Ro: Title Name Mailing Address Location; Dire . The Continental Country Club in Flagstaff is bankrupt. 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. 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. CCC also had a balloon payment due in October, for $600,000. After the October 30th preliminary ruling, the board studied and reviewed all possibilities, along with speaking with several professionals and our attorneys. The Country Inn at Camden Rockport Show prices Enter dates to see prices 505 reviews #1 Best Value of 15 places to stay in Rockport By Allyson R "The staff is fantastic, the room clean and comfortable, the continental breakfast delicious and hot. On this point, the Legionnaires agree. 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. In a Chapter 7 does the trustee manage the HOA? If you choose to deed restrict with CCC HOA, the Annual Dues for the current year will be waived! Contrary to the Associations statements, a partial repair would cost nowhere near the millions of dollars suggested by the Association. Our members will be voting to approve this fee which will be necessary for the reorganization plan to move forward. All Single-Family homes governed by the CC&Rs are obligated to pay an annual lot assessment. Based on the HOAs rules, those fees can only be raised by a two-thirds vote by all members. You can cancel at any time. 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. 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. They stick to the claim that maintaining the lake in the manner outlined in 1990 is no longer physically possible, economically feasible or ecologically sound., While the court concluded that it was possible to maintain the lake, and that Continental had a responsibility to do so, the engineering reports that informed the decision paint a more complex picture. There are approximately 1,360 single-family homes (in addition to 1,030 townhouses, condos, and timeshares) within the Continental Country Club Homeowners Association. 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. 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. The Continental Country Club constructed Lake Elaine back in the 1970s. Subscribe to our Daily Headlines newsletter. The Kroger Co. The issues we are dealing with today began 30 years ago and the current board wasnt a part of. The Continental Country Club course is filled with par 3s and par 5s, offers beautiful mountain views and a friendly, neighborhood environment. President - The president of the Board presides at all meetings of the Board of Directors. If I haven't yet paid my annual dues, will they still have to be paid? If we dont reach quorum on special assessment, then we can go out a second time on special assessment but must have 30% quorum (participation) that round and of that, 2/3 must vote Yes. 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What is the source of funds that are being used to pay for all the signage and banners to support the special assessment? The biggest problem over the years has been Lake Elaine, which has been an issue for nearly 30 years, with costs and fines building over time. A July 14 article for the Arizona Daily Sun explored the issue through testimony from management of the country. Get Adobe Acrobat Reader free to view these files. 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. Reserve your next round of golf with our quick and convenient online booking engine. If the plan is approved, Murray says there are two options that can be done with the land. 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.. Why did the Board decide to take this step now? How much are you paying for these signs Im seeing, and this PR firm? Without an additional court order, the Trustee steps into the Debtors shoes and inherits any and all land restrictions, encumbrances, etc. How will this affect the value of my home? This included signage, team captain materials and t-shirts. Now, it has turned to owners for funding. This one-acre park, opened in 2013, includes a playground with a swing set and a picnic table. https://continentalflagstaff.com/fee-schedule-to-support-the-reorganization-plan/. Becoming a member at Continental Country Club is an investment in yourself, your family and your future. And its free! At the beginning of the Chapter 11 process, we explained that values may be negatively affected. Mo. . Can a trustee remove the restrictions on the use of the golf course to sell it for maximum value? The Ferraro Groups contract and the previous Cindy May Marketing contract are for the same amount. Continental Country Club HOA is a community located in Flagstaff, AZ (Coconino County). Log in, Continental Country Club HOA in Chula Vista, CA, Terraza at Otay Ranch Village HOA in Chula Vista, CA, Chula Vista Bayfront HOA in Chula Vista, CA. Can we just abandon the property? If you choose to deed restrict with CCC HOA, the Annual Dues for the current year will be waived! 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. I just see that as being poorly managed, Penoff said. 219 4. A future owner of your home may find golf or the other amenities appealing. Continental Country Club. continental country club hoa fees. If you are looking for our main website, click here. application fee details: $55 app fee online at our website bishoprealtygrp. The Board President of the Homeowners Association of Continental Country Club in Flagstaff, . 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" Fixing the lake to accommodate the mandated water level would require extensive work including repairs to the dam, repairs to the liner between the 6,835 and 6,845 levels or the possible replacement of the entire liner, and sinkhole repairs. Back then, the increase had to be approved in each single-family subdivision. 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 Legal Name: CONTINENTAL COUNTRY CLUB, INC. Reserve funds are used for large projects such as replacements or repairs within the homeowners association. It bolstered the property values of homes located on the waterfront and was a gorgeous sight to see. There was a problem saving your notification. Starting in 2024, associate members would owe an additional $63 for 2024, 2025, and 2026. Its those reasons why the Club went into Chapter 11 bankruptcy in February of 2021. What about the special assessment or other fees? The Social Membership allows you access to all the Club's amenities and provides the opportunity to take part in our extensive calendar of social events, Whether you plan to use Flagstaff as your home base or your vacation get-away you will not regret calling this home! 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. We are located on St Rte 44 just 2.5 miles east of Brownwood 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. They say Lake Elaine can be fixed, and that Continental can afford it but is using bankruptcy to shirk legal obligations established in 1990, suggesting that the Lake Elaine issue is being used to distract from a bigger issue: decades of financial mismanagement. 2380 N. Oakmont Drive, Flagstaff, AZ 86004 (928) 526-5125 www.continentalflagstaff.com . 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. 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. When were the clubhouse and clubhouse pool built? View Properties for Sale at Continental Country Club located in Wildwood, FL. The Lake Elaine lawsuit was based on a 1990 Amended Judgement and Settlement that was rejected by the bankruptcy court earlier this year. . 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. If we pay the $2.5M now, were done forever, other than ongoing maintenance of the small ponds, according to Judge Ballinger. What is the difference between Chapter 11 Reorganization and Bankruptcy? These membership tiers are subdivision specific. Property Type Single Family Residential HOA Dues $46/month Year Built 1985 Community Continental Cntry Clb Lot Size 0.29 Acres MLS# 192424 Price Insights List Price $849,900 Est. 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. The Continental Country Club in Flagstaff is bankrupt. Can I see a Reserve Study Summary of expenditures broken out by amenity? These properties have individual property management companies who handles their CC&R enforcement and day-to-day operation. Why are there currently some members paying different assessment rates? Will all country club members be allowed on the new redeveloped lake? The question is why. An HOA faces bankruptcy because of its man-made lake. There are many unknowns under Chapter 7, which could include part or all of the current $15M bankruptcy claim from the lakefront owners and loss of amenities while still paying for them. This area is served by the Sweetwater Union High attendance zone. These homeowners are known as Associate members. Join Us Today learn more on our membership page, Outing services feature green fees with cart, personalized cart signs, local rules sheet and much more. And it's free! The January newsletter provided to homeowners did reference that bankruptcy was an option that was being considered. There is a one-time special assessment of $2,000. The Board approved a two-tier membership now known as Associate and Full Membership to account for the difference in assessment levels. In short, Continentals answer was that the prohibitive cost of maintenance and legal battles over their failure to maintain the leaky man-made Lake Elaine was insurmountable. 50 Continental Blvd. The criteria is based on the HOA community rules and regulations, bylaws and accountability. The Boards decision to take this step relied on a three-pronged financial problem that was accelerated after the October 30th preliminary ruling of finding CCC in contempt for having not maintained Lake Elaine consistent with a 1990 Consent Decree, discussed below. Search And Rescue Crews Tended To An Injured Hiker On Mt. Held said the repairs the lake needs would cost more than a million dollars in addition to the water needed to fill the lake and that the HOA simply has not had the funds to complete such repairs. Why are there currently some members paying different assessment rates? Subscribe to our Daily Headlines newsletter. First used to store water for the golf course, Lake Elaine is now only aesthetic, but has been leaking water for decades. Some of that is the result of limitations on the Associations revenues and on its ability to raise dues or impose special assessments. By the end of the year, they expected they could get that number to $125,000. How do timeshares fit into the funding picture? The trustee is appointed to liquidate and pay, not operate. 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. The owners of these properties are also obligated to pay annual assessments to CCC based on their respective CC&Rs. 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 community is gated, includes 24/7 security and even allows pets. Situated below Mount Elden in Flagstaff, AZ, the 18-hole championship golf course at Continental Country Club was designed by Bob E. Baldock. Continental received $1500 in donations for marketing materials for the campaign. Continental Country Club Listings. 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. Print Subscribe Was this page helpful? The court agreed, and a daily fee of $700 was placed on the HOA for not filling the lake. Continental is responsible for those owners access to amenities and common area maintenance. For these reasons, they continue to urge Continental residents to vote to approve the specially assessment payment of $2,000 and the 20% increase on annual dues, suggesting its the financially responsible thing to do. Copyright 2023 Continental Country Club FL All Rights Reserved. That's not what any of our folks want. But some lakefront residents on the other side of the legal battle have a different perspective. In the mean time the proshop will still be open Tuesday- Saturday 9am-4pm. . Email notifications are only sent once a day, and only if there are new matching items. 2380 N Oakmont Dr View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. Below you can find information for the homeowners association including HOA fee includes, community features and amenities. One thing to remember, you will be required to pay additional Home Owner . 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. The Lakeside homeowners want Continental to thrive as a strong community and healthy Association. 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. Is there money set aside for the management of the HOA & enforcement of CC&Rs? Court reservations required. We don't yet know what the ultimate effect of that bankruptcy will be on the finding of contempt or on the long-term future at the lake. (link to message). Flyer Link. Great Circle Media serves Flagstaff, Prescott, Sedona, and the surrounding areas with Northern Arizonas Best Radio Stations! By 2026, the annual dues increase will be $189. Number of Units: 973 Offices of the Board of Directors and their Duties The officers of the board of directors are generally president, vice-president, secretary, treasurer and member at large. That resulted in two levels. 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. In their statement, they note that lakefront homeowners have been very willing to work with [Continental] to negotiate a creative solution that would allow for repair of the lake as part of a holistic approach to address [Continentals] broad financial challenges., In their opinion, Continental has refused to meet them halfway and has tried to use the bankruptcy process to block enforcement of the 1990 Settlement Judgment and the 2020 contempt ruling., Lakeside Homeowners attempted to negotiate flexible options allowing for repair of the lake over time, the Legionnaire statement reads. Voting to approve these additional funds ends July 28. For every four gallons of water that is pumped into the lake each day, three gallons are lost to seepage into the ground. In their disclosure statement, Continental says they are informed and believe that the Lakefront Group has separately evaluated [the small lake option] and has concluded that the costs of implementing [this option] are significantly less than [Continentals] $3 million estimate, but discussions between the parties to date have not been able to reconcile these differences., In either case, to the Legionnaires, being handed the deed to the lake is not an attractive option, and it asks the lakefront owners to take on the problem that [Continental] created. What they want is for Continental to take responsibility for the lake repair and also pay some money toward the Lakeside Homeowners attorneys fees which are damages that the Lakeside Homeowners have suffered as a result of [Continentals] rejection of the 1990 Settlement Judgment.. *Country Club Homeowners: This amount is for quarterly dues only and is separate from mandatory social membership dues. 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. https://continentalflagstaff.com/what-if-our-members-dont-approve/. If Option B is selected, the redesign will be the Associations responsibility. Our clubhouse is over 50 years old and the other amenities require maintenance and repair. 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. 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. The Court also imposed on CCC a $700/day fine until water began flowing into the lake at which point the fine would be reduced to $500/day until the lake was filled. Tract D (Lake Elaine) is currently owned by the Association. 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. There were several additions made in the 1970s. 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. For the good of our residents and those who enjoy our facilities, it was time to take action.. The following is a statement from Lakeside Homeowners At Continental: Continental Country Clubs Financial Challenges Result From Failure to Plan and Confront Obligations.

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