Continental is responsible for those owners access to amenities and common area maintenance. This area is served by the Sweetwater Union High attendance zone. This filing allows Continental and its homeowners the chance for a fresh start so we can best address several issues, Held said. Residents are deciding whether or not to approve a raise in HOA fees and a one-time special assessment of $2,000. Will all country club members be allowed on the new redeveloped lake? An automatic stay is a provision in the bankruptcy law that temporarily prevents creditors, collections agencies, government entities, and individuals from pursuing Continental for amounts owed. Each year, members may elect a new board or move to a professional management association. Schedule: No open play during the off-season (Nov-Apr). Not only did the reserve study show that Continental had some monumental expenses coming up including a $600,000 balloon payment due in 2021 but that to reach a recommended level of roughly $5 million in reserve funds by 2050, Continental would have to start making massive annual contributions to the fund ranging between $310,000 and $1 million a year. $273 Buyer's Agent Commission 2.5% Street View Directions Ask Redfin Agent Cody a Question Cody Bauer Flagstaff Redfin Agent 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. The lake level has been falling because water is seeping out despite previous attempts to seal the lake bottom. 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? Flagstaff, Feb. 12, 2021 - Continental Country Club is a great place to live and provides many amenities for the broader community. There are constant ongoing repairs and improvements required for these assets that must be addressed. 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. Is there money set aside for the management of the HOA & enforcement of CC&Rs? Our members are what makes the social membership so special. One that was, you know, competent., Financial mismanagement reaches further back than the 2020 study, said resident John Nilsson. . The Lakeside homeowners want Continental to thrive as a strong community and healthy Association. Court reservations required. Why are there currently some members paying different assessment rates? 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.. 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! He is a big sweetheart but a little too rough for my Pygmy Goats. The fee had been set to begin at the start of February, but due to the bankruptcy, it has been put on hold. 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. Register for our eClub to receive regular offers and updates from Continental CC! A Flagstaff man is behind bars, charged with aggravated DUI and kidnapping. 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 In some cases, these problems predate the current board by years, if not decades. junio 12, 2022. jonah bobo 2005 . 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. Why dont we just sell the golf course to eliminate the large expense of deferred and ongoing maintenance? 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. The truth is that the Association has simply failed to perform any real repair or maintenance of the Lake for 27 years now. Round Table Discussions will be held on every, We will also be having Town Hall Meetings for everyone who is interested in attending. Search And Rescue Crews Tended To An Injured Hiker On Mt. The costs are too much of a burden for members on a fixed income? We have the receipts. 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. Why did the Board decide to take this step now? Dues increases and/or special assessment would have been necessary even if a professional management company was involved. Held says the work would take time and millions of dollars. 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. At the time, it was an asset to the HOA. We view this as an action being led by forces out of our control and hope it can be an opportunity to strengthen our Associations financial position for years to come. If it is to be divested, it must be accepted by a third party. Can we just abandon the property? This discount allows members & guests to enjoy the lowest rates offered on our rack card. 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 Coconino County Superior Court agreed, and for this reason found the Association in contempt of the 1990 Judgment, imposing daily sanctions to encourage compliance. Copyright 2023 Continental Country Club FL All Rights Reserved. Continental County Club has filed for Chapter 11 bankruptcy protection, but daily operations wont change. What are we voting on, what is the timeline/details? Quick Facts Getting Around Continental Country Club Continental Country Club Learn more about this neighborhood. For the good of our residents and those who enjoy our facilities, it was time to take action.. and review fee to: Continental Country Club Architectural Control Committee 2380 N. Oakmont Dr. Flagstaff, AZ 86004 Front Rear Sides Lakeside Acres I 25 25 1) 25 Lakeside Acres II & III 20 20 10 Flagstaff City Championship Flyer You can cancel at any time. The Villages, FL 32162 Directions. 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. The original clubhouse was built in 1960. Reserve your next round of golf with our quick and convenient online booking engine. Membership in Continental is a result of home ownership. 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. Log in, Continental Country Club HOA in Flagstaff, AZ, Forest Highlands Golf Club HOA in Flagstaff, AZ, Railroad Springs Townhomes HOA in Flagstaff, AZ. . Four Star Homes has Properties in Adult, Family, and Senior Communities throughout Central Florida. That's not true. The Course is open to homeowners and timeshare owners residing within subdivisions of Continental Country Club's Homeowners Association. Joining the Continental Country Club HOA is the easiest way to protect your property's value! They pay the full membership dues and receive the same benefits. 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. Tract D (Lake Elaine) is currently owned by the Association. First used to store water for the golf course, Lake Elaine is now only aesthetic, but has been leaking water for decades. This one-acre park, opened in 2013, includes a playground with a swing set and a picnic table. The Lakeside homeowners want Continental to thrive as a strong community and healthy Association. This included signage, team captain materials and t-shirts. Subscribe to our Daily Headlines newsletter. Give Us A Call: 1-888-452-6595. 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. Log in, Continental Country Club HOA Chula Vista, CA, Alicante at San Miguel Ranch HOA Chula Vista, CA. 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. 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. The failure to plan by the association, the failure to reserve funds, have really put the association in a tough spot.. The association has said that any lake repair would cost millions of dollars. Continental Country Club Resorts, Wildwood Real Estate & Homes for Sale 13 Homes Sort by Relevant Listings Brokered by Four Star Home Brokers, Inc. For Sale $180,000 2 bed 2 bath 1,056 sqft 6,711. 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. Full members will pay $550 annually, Associate members will pay $365 annually, Likely negative impact on property values, $15 Million Lake Elaine dispute unresolved, unknown outcome of the Lake land. But, in the 1990s, disaster struck. That's not what any of our folks want. That fee would drop to $500 if the HOA begins refilling the lake and continue until it is full. The Continental CC course can host up to 144 golfers at a time with a shot gun start. 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. Continental Country Clubs HOA files for Chapter 11 bankruptcy. However, the CC&Rs needed to be combined with the assessments at the amounts approved by each individual subdivision at that time. Continental Country Club is a neighborhood in Wildwood, Florida. 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 . The . View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. continental country club hoa fees. Our main desire is for members and guests, alike, to have a memorable golfing experience. What happens if 2 YES (APPROVE) for Special Assessment and Annual Dues Increase? When were the clubhouse and clubhouse pool built? The Lake Elaine lawsuit was based on a 1990 Amended Judgement and Settlement that was rejected by the bankruptcy court earlier this year. Quite honestly, I can't imagine a professional management company letting this happen. These homeowners - the "Class" - believe that the Association has options to address its financial challenges. Flyer Link. I dont golf. These homeowners are known as Associate members. Based on the HOAs rules, those fees can only be raised by a two-thirds vote by all members. Continental Country Club has 2,395 owners. 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. 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. By 2026, the annual dues increase will be $291. Yes, there is nothing inherent in Chapter 7 that dissolves the HOA. 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. Continental Country Club filed a Chapter 11 Petition for Bankruptcy Protection on Tuesday, February 9th, 2021 in the U.S. Bankruptcy Court in the District of Arizona. 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. This anomaly resulted in 1994. But some lakefront residents on the other side of the legal battle have a different perspective. How much are you paying for these signs Im seeing, and this PR firm? 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 are located on St Rte 44 just 2.5 miles east of Brownwood, CLICK IMAGE TO REGISTER FOR IMPORTANT EMAILS WITH IMPORTANT INFORMATION, KINDLE AND ANDROID USERS: CLICK HERE TO DOWNLOAD OUR APP, Resident, Dan Kane compiled an informative list of links to the areaclick below:CCC HELPFUL LINKS, 50 Continental Blvd., Highway 44 East, Wildwood, Florida 34785. The reorganization plan imposes an increase to our annual assessment that will be phased in over three years beginning in 2024. And it's free! Continental Country Club home prices vary from luxury homes to more affordable homes that might be perfect for first-time buyers. The community is gated, includes 24/7 security and even allows pets. If I haven't yet paid my annual dues, will they still have to be paid? Continental Country Club HOA is a community located in Chula Vista, CA (San Diego County). Selling the golf course is not legally a feasible option until we emerge from Chapter 11 bankruptcy. How do timeshares fit into the funding picture? Payment $4,996 Price/Sq.Ft. 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. Becoming a member at Continental Country Club is an investment in yourself, your family and your future. The court agreed, and a daily fee of $700 was placed on the HOA for not filling the lake. 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 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. 27470 Jefferson Ave. Pizza making Mamma mia, we love this one! 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. A filing for Bankruptcy can take many forms, including a Chapter 11 Reorganization. Why didnt the Board give us a warning that this was going to happen? 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.. These properties have individual property management companies who handles their CC&R enforcement and day-to-day operation. Here, golfers find a quiet and peaceful round of golf at what feels like a destination club. Now, the association is asking homeowners to vote to approve two items a one-time fee and an increase in annual dues. Continental owns and maintains the Walnut Canyon Lakes, and the Associations own experts have testified that Lake Elaine can be repaired. 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. Not currently but we hope that our members will approve the two fees required to support the reorganization plan that will provide our HOA with a healthier and stronger future. (renews at {{format_dollars}}{{start_price}}{{format_cents}}/month + tax). Flagstaff, AZ 86004, Call Continental Country Club at (928) 526-5125, on our EZLinks tee times page in a new tab. The CC&Rs govern 1,210 single family homes. https://continentalflagstaff.com/motion-to-reject-1990-agreement-granted/. 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.
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