continental country club hoa fees continental country club hoa fees

There are many unknowns associated with a conversion to Chapter 7. 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. Email notifications are only sent once a day, and only if there are new matching items. Flagstaff City Championship Flyer . Reserve your next round of golf with our quick and convenient online booking engine. junio 12, 2022. jonah bobo 2005 . Lease Details & Fees Details Property Information 78 units/1 story Location 445 Orange Ave , Chula Vista , CA 91911 Get Directions This Property Available Property It bolstered the property values of homes located on the waterfront and was a gorgeous sight to see. . Are you looking for a great restaurant? What date did this filing for Chapter 11 Reorganization take effect? There was a problem saving your notification. Learn More on our tournaments page. 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? If I havent yet paid my annual dues, will they still have to be paid? At the time of the study, Continentals reserve balance was $54,291. So, we either pay the known $2.5 million now, or pay more later up to the $15 million? Sign up for our newsletter to keep reading. Why dont we just sell the golf course to eliminate the large expense of deferred and ongoing maintenance? Can a trustee remove the restrictions on the use of the golf course to sell it for maximum value? Is it possible to leave the HOA so we're not part of it? 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. 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. This filing allows Continental and its homeowners the chance for a fresh start so we can best address several issues, Held said. 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. application fee details: $55 app fee online at our website bishoprealtygrp. Get up-to-the-minute news sent straight to your device. . Print Subscribe Was this page helpful? Do all members of the HOA get to vote for the new HOA Dues and Special Assessment? The filing for Chapter 11 reorganization stays those fines. Then starting in 2024, full members would owe an additional $97 for 2024, 2025 and 2026. When will we know about the timing and amount of any assessments that will be needed? 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. But, in the 1990s, disaster struck. 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. 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. Continental Country Club - 78 Spaces is an apartment community located in San Diego County and the 91911 ZIP Code. They want the lake fixed, Bliss said. If the home is not associated with the Homeowners Association youre invited to deed restrict the property with CCC and become part of the Club! 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. The fee had been set to begin at the start of February, but due to the bankruptcy, it has been put on hold. The Board President of the Homeowners Association of Continental Country Club in Flagstaff, . Professional management associations still report to a board of directors which makes final decisions. Unfortunately, this was the only possible conclusion, and once decided, needed to be acted upon quickly. Register for our eClub to receive regular offers and updates from Continental CC! The failure to plan by the association, the failure to reserve funds, have really put the association in a tough spot.. If the plan is approved, Murray says there are two options that can be done with the land. 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. We do support the vote for the additional funds for the homeowners association.. Why are there currently some members paying different assessment rates? https://continentalflagstaff.com/fee-schedule-to-support-the-reorganization-plan/. 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 3mi Publix Quick Picks Delivery by 11:00am Walgreens Delivery by 3:35am Sam's Club Delivery by 11:00am ABC Fine Wine & Spirits Delivery by 2:00pm. In the mean time the proshop will still be open Tuesday- Saturday 9am-4pm. Continental Country Club Who are the members of CCC? Two yeses mean $2.5M goes to either Option 1 or 2 as determined by creditors. We are located on St Rte 44 just 2.5 miles east of Brownwood They pay the full membership dues and receive the same benefits. 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. *Country Club Homeowners: This amount is for quarterly dues only and is separate from mandatory social membership dues. The question is why. The Continental Country Club in Flagstaff is bankrupt. Held says the bankruptcy wont close the golf course or force any layoffs and daily operations will go on as normal. Court testimony confirmed what the Class already knew: The Lake holds water and can be fixed. More information on the voting process for residents of the neighborhood can be found at continentalflagstaff.com/the-voting-process-on-the-two-fees/. Bronson Creek feeds into a wetland on the east side of the park; a paved trail provides access to the wetland. Once that happens, and at the approval of the homeowners, selling the golf course is something that can be discussed. Without an additional court order, the Trustee steps into the Debtors shoes and inherits any and all land restrictions, encumbrances, etc. They don't want to claim for damages. 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.. Membership in Continental is a result of home ownership. The work and fines until the lake was filled amounted to a lot of money that our Association does not have. Deeper into Lake Elaine: Residents contend lake is not to blame for country clubs bankruptcy. 150 Saab tingida. 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 Lake Elaine lawsuit was based on a 1990 Amended Judgement and Settlement that was rejected by the bankruptcy court earlier this year. A July 14 article for the Arizona Daily Sun explored the issue through testimony from management of the country. After the October 30th preliminary ruling, the board studied and reviewed all possibilities, along with speaking with several professionals and our attorneys. We face possible conversion to Chapter 7 Bankruptcy and liquidation of all our assets reduced or possible loss of club amenities such as tennis, pickleball, pool, golf and clubhouse. In a Chapter 7 does the trustee manage the HOA? Our main desire is for members and guests, alike, to have a memorable golfing experience. The Board approved a two-tier membership now known as Associate and Full Membership to account for the difference in assessment levels. 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. Are you looking for a great 55+ retirement community? What happens if we vote NO (DO NOT APPROVE) or dont meet the quorum requirement after two tries? 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. Now, the association is asking homeowners to vote to approve two items a one-time fee and an increase in annual dues. The required work would require Engineers, Contractors, and time. 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%. Bliss said the HOA also has lots of deferred maintenance fees, while also having some of the lowest member fees in the state. Our clubhouse is over 50 years old and the other amenities require maintenance and repair. . Situated below Mount Elden in Flagstaff, AZ, the 18-hole championship golf course at Continental Country Club was designed by Bob E. Baldock. Chapter 11 Reorganization | FAQ | Communication with Members | Court Motions & Hearings | Media Announcements. In November, the chain announced the first CFC would be built in Monroe, OH, near its home base of Cincinnati. How do timeshares fit into the funding picture? A Flagstaff man is behind bars, charged with aggravated DUI and kidnapping. Our members will be voting to approve this fee which will be necessary for the reorganization plan to move forward. First used to store water for the golf course, Lake Elaine is now only aesthetic, but has been leaking water for decades. The following is a statement from Lakeside Homeowners At Continental: Continental Country Clubs Financial Challenges Result From Failure to Plan and Confront Obligations. 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. Come see us today! By 2026, the annual dues increase will be $291. (renews at {{format_dollars}}{{start_price}}{{format_cents}}/month + tax). This included signage, team captain materials and t-shirts. Based on the HOAs rules, those fees can only be raised by a two-thirds vote by all members. Please subscribe to keep reading. At the time, it was an asset to the HOA. 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.. A future owner of your home may find golf or the other amenities appealing. The lake level has been falling because water is seeping out despite previous attempts to seal the lake bottom. When were the clubhouse and clubhouse pool built? You have permission to edit this article. 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. The January newsletter provided to homeowners did reference that bankruptcy was an option that was being considered. 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. Log in, Continental Country Club HOA Chula Vista, CA, Alicante at San Miguel Ranch HOA Chula Vista, CA. A 1991 class action lawsuit ruling stated the lake must remain full. Dues increases and/or special assessment would have been necessary even if a professional management company was involved. Some of that is the result of limitations on the Associations revenues and on its ability to raise dues or impose special assessments. 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. Payment $4,996 Price/Sq.Ft. ", 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. The community is gated, includes 24/7 security and even allows pets. But the residents involved in the class action suit believe repairing the lake isn't nearly that expensive. Flagstaff, Feb. 12, 2021 - Continental Country Club is a great place to live and provides many amenities for the broader community. 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. Continental Country Club HOA is a community located in Chula Vista, CA (San Diego County). 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/. While the pending contempt order and associated fines were the catalyst for this action, there were also underlying considerations including an October 21 obligation to pay a $600,000 balloon payment incurred when funds were borrowed to install a new golf course irrigation system in October 2011. Subscribe to our Daily Headlines newsletter. Here, golfers find a quiet and peaceful round of golf at what feels like a destination club. This one-acre park, opened in 2013, includes a playground with a swing set and a picnic table. The . Quick Facts Getting Around Continental Country Club Continental Country Club Learn more about this neighborhood. Now, the HOA faces bankruptcy if it can't come up with $2.5 million. We also have aging facilities that require upkeep with an insignificant amount of reserves. And it's free! 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. Continental Country Club mostly features cozy homes that are very reasonably priced. 50 Continental Blvd. This community dates back to 1975 and has continued to develop over the years. It has not been a normal winter in Flagstaff. The Lakeside homeowners want Continental to thrive as a strong community and healthy Association. Homeowners have a duty to pay their annual dues and this holds true even while in a Chapter 11 reorganization. Held says the work would take time and millions of dollars. Main: (928) 526-5125Oakmont: (928) 526-7990Golf Shop: (928) 527-7997Bear Paw: (928) 522-1588, 2023 CONTINENTAL COUNTRY CLUB ALL RIGHTS RESERVED. A big vote is underway at Continental Country Club in East Flagstaff. 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 . Flagstaff, Feb. 12, 2021 Continental Country Club is a great place to live and provides many amenities for the broader community. There was a problem saving your notification. If I haven't yet paid my annual dues, will they still have to be paid? 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. Copyright 2023 Continental Country Club FL All Rights Reserved. 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 owners of these properties are also obligated to pay annual assessments to CCC based on their respective CC&Rs. 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. The Villages, FL 32162 Directions. At the time, it was an asset to the HOA. The Trustee is charged with maximizing distributions to creditors. Each year, members may elect a new board or move to a professional management association. That's not what any of our folks want. Continental Country Club. What happens if 2 YES (APPROVE) for Special Assessment and Annual Dues Increase? 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. The availability of these amenities, whether used or not, makes CCC a desirable neighborhood and increases property values. In 2020 Continental knew it had some big expenses coming up, and the study was designed to help it figure out how to keep money in the bank. 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. 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. Contact ClubCorp for social membership dues questions: 623-742-6200 Download homeowners online payment guide. Email notifications are only sent once a day, and only if there are new matching items. 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. Who owns the property Lake Elaine is on and who is responsible for its redevelopment and construction? 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. (link to message). Are the fines associated with the October 2020 preliminary ruling being assessed currently? The original clubhouse was built in 1960. If the Assessment and dues increase fails, and the HOA converts to Chapter 7, will the Lake Elaine lawsuit continue? 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. Continental Country Club is a neighborhood in Wildwood, Florida. These membership tiers are subdivision specific. Joining the Continental Country Club HOA is the easiest way to protect your property's value! If Option B is selected, the redesign will be the Associations responsibility. President - The president of the Board presides at all meetings of the Board of Directors. Were voting for a smaller cost now ($2,000 to cover the $2.5M), to protect ourselves from possible larger costs later, unending litigation and the $15 million claim of the LFOs that could not be addressed any other way outside of bankruptcy, to protect our amenities and eradicate Lake Elaine issues. 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 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. The Lakeside Homeowners would lose as much as any other owner would if the bankruptcy ended in a liquidation.. 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! 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 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. We have the receipts. 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. 3. There are condominiums, big and small, that you can purchase in the $180,000 - $300,000 price range. The Course is open to homeowners and timeshare owners residing within subdivisions of Continental Country Club's Homeowners Association. However, a Chapter 7 panel trustee would be appointed and all decisions regarding the operations of the HOA will be made by the Trustee. 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. We will keep our facilities open and our employees will be working to ensure business as usual. 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. To him, the results of this 2020 study were disturbing.. Our members are what makes the social membership so special. Continental County Club has filed for Chapter 11 bankruptcy protection, but daily operations wont change. Jon Held, the president of the associations board of directors, said the filing will not impact day-to-day operations of the country club, including the public golf course and the Oakmont Restaurant, and won't mean any layoffs. She says, option one is deeding the property over to the Lake Elaine Homeowners and giving a lump sum payout of $2.5-million for them to be able to do an improvement on the lake as to what they would like, or option two is taking the $2.5-million and us creating a new amenity, which has four-to-five ponds, walking trails and benches which is open to all of the homeowners. Absentee ballots are due at the clubhouse by Thursday at 5 p.m., or residents can vote in person Saturday morning at 9 a.m. at Sinagua Middle School, where the vote count will take place. Sean Golightly reports on the environment and the city of Flagstaff. View Properties for Sale at Continental Country Club located in Wildwood, FL. 27470 Jefferson Ave. Pizza making Mamma mia, we love this one! Becoming a member at Continental Country Club is an investment in yourself, your family and your future. No true repairs have been made to the Lake since 1994. Flyer Link. A filing for Bankruptcy can take many forms, including a Chapter 11 Reorganization. All Single-Family homes governed by the CC&Rs are obligated to pay an annual lot assessment. 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.