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. What are we voting on, what is the timeline/details? This option allows us to maintain the day-to-day operations of our Club without interruption so that members and others can continue to enjoy our amenities. The owners of these properties are also obligated to pay annual assessments to CCC based on their respective CC&Rs. Are our property assessments used for this? 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 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. Is there money set aside for the management of the HOA & enforcement of CC&Rs? They are down to earth, fun-loving people that enjoy spending time together laughing over great food and refreshing drinks. https://continentalflagstaff.com/what-if-our-members-dont-approve/. 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. This area is served by the Sweetwater Union High attendance zone. Main: (928) 526-5125Oakmont: (928) 526-7990Golf Shop: (928) 527-7997Bear Paw: (928) 522-1588, 2023 CONTINENTAL COUNTRY CLUB ALL RIGHTS RESERVED. Continental Country Club - 78 Spaces - Apartments.com Even more, we do all the work of the Deed Restriction for you! Are you looking for a great restaurant? Caractersticas Helly Hansen Arctic Patrol H2Flow Parka. Contenido de An HOA faces bankruptcy because of its man-made lake. Fee: Continental Country Club HOA or Social Membership fee required. 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. At the time, it was an asset to the HOA. A draft reserve study has been received and is under review that shows that millions of dollars are needed over the next 10 years and through 2050. Sign up for our newsletter to keep reading. Wildwood, FL 34785. There are many unknowns associated with a conversion to Chapter 7. The obligation to pay dues at least at their current level runs with the land. Board Members for Continental Country Club Ro: Title Name Mailing Address Location; Dire . For every four gallons of water that is pumped into the lake each day, three gallons are lost to seepage into the ground. A big vote is underway at Continental Country Club in East Flagstaff. 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%. There are many types of townhomes available from $300,000 - $500,000. Continental Country Club Who are the members of CCC? 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. lbdoe.bluebeard.best Some of that is the result of limitations on the Associations revenues and on its ability to raise dues or impose special assessments. Reserve your next round of golf with our quick and convenient online booking engine. Can a trustee remove the restrictions on the use of the golf course to sell it for maximum value? 150 Saab tingida. 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. Are the fines associated with the October 2020 preliminary ruling being assessed currently? If Option B is selected, the redesign will be the Associations responsibility. 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. He said the HOA has several other significant expenses and issues that have prevented it from properly facing those issues. Sign up for our newsletter to keep reading. If APPROVED and Option A is selected, then the property will be deeded to the Lake Elaine owners. 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.. HOA of Continental CC Files for Chapter 11 Protection - Club Is there a Special Assessment Payment Plan? The trustee is appointed to liquidate and pay, not operate. Continental Country Club home prices vary from luxury homes to more affordable homes that might be perfect for first-time buyers. 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. Get Adobe Acrobat Reader free to view these files. 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" They want the lake fixed, Bliss said. There is a one-time special assessment of $2,000. Example turn the golf course into single-family homes. 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. The Lakeside Homeowners would lose as much as any other owner would if the bankruptcy ended in a liquidation.. Is it possible to leave the HOA so we're not part of it? 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! 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. The Kroger Co. Contact ClubCorp for social membership dues questions: 623-742-6200 Download homeowners online payment guide. Each year, members may elect a new board or move to a professional management association. Home - Continental Country Club FL 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? The costs are too much of a burden for members on a fixed income? Log in, Continental Country Club HOA Chula Vista, CA, Alicante at San Miguel Ranch HOA Chula Vista, CA. There are approximately 1,360 single-family homes (in addition to 1,030 townhouses, condos, and timeshares) within the Continental Country Club Homeowners Association. Search And Rescue Crews Tended To An Injured Hiker On Mt. They pay the full membership dues and receive the same benefits. Flagstaff City Championship Flyer Continental Country Club HOA in Flagstaff, AZ - HOA Resource A 1991 class action lawsuit ruling stated the lake must remain full. These membership tiers are subdivision specific. It is not clear how the bankruptcy might impact the Lake Elaine issue, but Bliss said it could lead to a situation where the HOA is able to eliminate the lake but pay the surrounding homeowners for the reduced value of their homes. How do timeshares fit into the funding picture? 4927 E Mount Pleasant Dr, Flagstaff, AZ 86004 - Redfin Continental Country Club Ro, Wildwood, FL - HOA Board, Property Mgr Continental Country Club's HOA files for Chapter 11 bankruptcy (AZ) 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. Trees are falling in Flagstaff and have been compromised as a result of recent winter storms. 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. The question is why. The original clubhouse was built in 1960. Below you can find information for the homeowners association including HOA fee includes, community features and amenities. You have permission to edit this article. 3. Not necessarily. Continental is responsible for those owners access to amenities and common area maintenance. 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. Email notifications are only sent once a day, and only if there are new matching items. CCC also had a balloon payment due in October, for $600,000. The special assessment can be paid over two years with eight (8) quarterly payments of $261 (which includes 5% interest). 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. You can cancel at any time. Our members are what makes the social membership so special. Our main desire is for members and guests, alike, to have a memorable golfing experience. Deeper into Lake Elaine: Residents contend lake is not to blame for continental country club hoa fees 4530 Red Fox Ln, Flagstaff, AZ 86004 | MLS# 192424 | Redfin These homeowners the Class believe that the Association has options to address its financial challenges. There was a problem saving your notification. Reorganization comes after decades of the Association kicking the can down the road. The property cannot be abandoned. 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. This anomaly resulted in 1994. The Class also estimates this temporary solution could be completed quickly in months, not years. Two yeses mean $2.5M goes to either Option 1 or 2 as determined by creditors. Payment $4,996 Price/Sq.Ft. 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. We will keep our facilities open and our employees will be working to ensure business as usual. If the plan is approved, Murray says there are two options that can be done with the land. 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. 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. 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! Kroger Near The Villages FlView My Lists Kroger Pay. Find 1036 listings There were several additions made in the 1970s. Our members will be voting to approve this fee which will be necessary for the reorganization plan to move forward. This filing allows Continental and its homeowners the chance for a fresh start so we can best address several issues, Held said. *Country Club Homeowners: This amount is for quarterly dues only and is separate from mandatory social membership dues. The failure to plan by the association, the failure to reserve funds, have really put the association in a tough spot.. Zillow has 3 homes for sale in 34785 matching Continental Country Club. The Continental Country Club course is filled with par 3s and par 5s, offers beautiful mountain views and a friendly, neighborhood environment. 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. Three People Were Killed In A Multi-Vehicle Accident On I-40 Near Williams Tuesday, Flagstaffs Mayor Paul Deasy Declares A State Of Emergency For The City Due To Post-Pipeline Fire Flooding, 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. How does the Chapter 11 filing affect me as a Continental Country Club Member? However, the CC&Rs needed to be combined with the assessments at the amounts approved by each individual subdivision at that time. 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. 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.. But, in the 1990s, disaster struck. The association has said that any lake repair would cost millions of dollars. How will this affect the value of my home? 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. Quick Facts Getting Around Continental Country Club Continental Country Club Learn more about this neighborhood. The required work would require Engineers, Contractors, and time. You can cancel at any time. Then starting in 2024, full members would owe an additional $97 for 2024, 2025 and 2026. 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. You have permission to edit this article. 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.
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