This includes CC&Rs enforcement on the property, common area maintenance, amenities access and social activities. The Board President of the Homeowners Association of Continental Country Club in Flagstaff, . 50 Continental Blvd. Email notifications are only sent once a day, and only if there are new matching items. https://continentalflagstaff.com/what-if-our-members-dont-approve/. Dues increases and/or special assessment would have been necessary even if a professional management company was involved. If we pay the $2.5M now, were done forever, other than ongoing maintenance of the small ponds, according to Judge Ballinger. The Lakeside homeowners want Continental to thrive as a strong community and healthy Association. 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. Flagstaff, Feb. 12, 2021 - Continental Country Club is a great place to live and provides many amenities for the broader community. They pay the full membership dues and receive the same benefits. The trustee is appointed to liquidate and pay, not operate. 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. 3. And its free! (link to message). Can I see a Reserve Study Summary of expenditures broken out by amenity? What happens if we vote NO (DO NOT APPROVE) or dont meet the quorum requirement after two tries? 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How will this affect the value of my home? The benefits are endless and your experiences will last a lifetime. 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. Panda Express is expanding to east Flagstaff. Below you can find information for the homeowners association including HOA fee includes, community features and amenities. 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/. That would be within the discretion of the trustee. The Board approved a two-tier membership now known as Associate and Full Membership to account for the difference in assessment levels. The costs are too much of a burden for members on a fixed income? In some cases, these problems predate the current board by years, if not decades. 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. Tract D (Lake Elaine) is currently owned by the Association. Make sure there is an adequate amount in the reserves in case of major problems such as: roof repairs, asphalt repairs, pool issues and/or property defects. Sign up for our newsletter to keep reading. The criteria is based on the HOA community rules and regulations, bylaws and accountability. 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. If you are looking for our main website, click here. Round Table Discussions will be held on every, We will also be having Town Hall Meetings for everyone who is interested in attending. HOA Legal Name: CONTINENTAL COUNTRY CLUB, INC. Reserve funds are used for large projects such as replacements or repairs within the homeowners association. Is there money set aside for the management of the HOA & enforcement of CC&Rs? Example turn the golf course into single-family homes. Continental Country Clubs HOA files for Chapter 11 bankruptcy. The CC&Rs govern 1,210 single family homes. Court reservations required. Main: (928) 526-5125Oakmont: (928) 526-7990Golf Shop: (928) 527-7997Bear Paw: (928) 522-1588, 2023 CONTINENTAL COUNTRY CLUB ALL RIGHTS RESERVED. Subscribe to our Daily Headlines newsletter. As with any kind of public HOA restructuring, the CCC bankruptcy could create some market uncertainty on the impacted houses, however this kind of impact should be short-lived and was inevitable given CCCs financial condition and potential Lake Elaine liabilities that must be addressed under the courts recent preliminary ruling. As we now know, market conditions have been favorable for most of the real estate market, including our CCC properties. The 18-hole championship golf course at Continental Country Club is among the best-rated public courses in Flagstaff come visit us today to see why! 27470 Jefferson Ave. Pizza making Mamma mia, we love this one! Can a trustee remove the restrictions on the use of the golf course to sell it for maximum value? How do timeshares fit into the funding picture? The remaining properties consist of Townhomes, Condos and timeshares. Becoming a member at Continental Country Club is an investment in yourself, your family and your future. He is a big sweetheart but a little too rough for my Pygmy Goats. In a media release, the HOA board seemed to attribute most of their problems to recent legal action over Lake Elaine, a man-made lake within the country club that has been the center of controversy for years. 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! But some lakefront residents on the other side of the legal battle have a different perspective. The Lakeside homeowners want Continental to thrive as a strong community and healthy Association. Held says the work would take time and millions of dollars. Each year, members may elect a new board or move to a professional management association. HOA Fee Includes Payment $4,996 Price/Sq.Ft. Why am I paying for amenities I dont use? If you choose to deed restrict with CCC HOA, the Annual Dues for the current year will be waived! https://continentalflagstaff.com/motion-to-reject-1990-agreement-granted/. 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. (renews at {{format_dollars}}{{start_price}}{{format_cents}}/month + tax). At the time of the study, Continentals reserve balance was $54,291. As stated at the 2/12/21 meeting, the Board is taking ALL homeowners concerns regarding voting equality seriously and plans to include the townhomes and condos in all future votes, if legally possible. They want the lake fixed, Bliss said. The question is why. Give Us A Call: 1-888-452-6595. The owners of these properties are also obligated to pay annual assessments to CCC based on their respective CC&Rs. The association has said that any lake repair would cost millions of dollars. 150 Saab tingida. Reach him at sgolightly@azdailysun.com, on Twitter at @sean_golightly, or on Instagram at @golightly_writes. 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. 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. Residents are deciding whether or not to approve a raise in HOA fees and a one-time special assessment of $2,000. To him, the results of this 2020 study were disturbing.. When will we know about the timing and amount of any assessments that will be needed? This option would release the Association from, Option #2 would be to spend that $2.5 million and create the new amenity. The plan gives the LFOs the option of taking ownership and responsibility for the property going forward and relieving CCC of all future liabilities in exchange for a onetime payment by CCC to the homeowners of $2.5 million. 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. 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. 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. At the time, it was an asset to the HOA. Flagstaff, Feb. 12, 2021 Continental Country Club is a great place to live and provides many amenities for the broader community. These homeowners - the "Class" - believe that the Association has options to address its financial challenges. For the most part, most of our Members should not be affected by this petition. For the good of our residents and those who enjoy our facilities, it was time to take action.. Great Circle Media serves Flagstaff, Prescott, Sedona, and the surrounding areas with Northern Arizonas Best Radio Stations! 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. In a statement to the Arizona Daily Sun, Continental attorney Scott Cohen said, While Continental certainly has obligations other than the Lakefront Group, such as addressing its appropriate capital reserves to ensure proper maintenance of its amenities and common areas, this was not the primary cause for the bankruptcy filing.. Are our property assessments used for this? This included signage, team captain materials and t-shirts. What happens if 2 YES (APPROVE) for Special Assessment and Annual Dues Increase? The . 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. How do timeshares fit into the funding picture? 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. By the end of the year, they expected they could get that number to $125,000. The following is a statement from Lakeside Homeowners At Continental: Continental Country Clubs Financial Challenges Result From Failure to Plan and Confront Obligations. There was a problem saving your notification. If you choose to deed restrict with CCC HOA, the Annual Dues for the current year will be waived! At the time, it was an asset to the HOA. Ballots go out June 28th, and need to be mailed or returned in-person, Owners who do not return an absentee ballot will be allowed to vote in person at July 30th special meeting, We must reach 60% of quorum (or participation of homeowners in the vote), 2/3 of those voting must vote yes on BOTH ballots for it to be approved, Results announced in special meeting of the members on Saturday, July 30th. Selling the golf course is not legally a feasible option until we emerge from Chapter 11 bankruptcy. View Properties for Sale at Continental Country Club located in Wildwood, FL. 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. I dont golf. 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 Thank you to everyone who came out and play, we are looking forward to some exciting changes in-store for next year. 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" Our clubhouse is over 50 years old and the other amenities require maintenance and repair. 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. Subscribe to our Daily Headlines newsletter. HOA Legal Name: CONTINENTAL COUNTRY CLUB R.O., INC. What are we voting on, what is the timeline/details? 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. Main: (928) 526-5125Oakmont: (928) 526-7990Golf Shop: (928) 527-7997Bear Paw: (928) 522-1588, 2023 CONTINENTAL COUNTRY CLUB ALL RIGHTS RESERVED, Violation Enforcement Policy and Fine Schedule. Raising dues and increasing assessments is an important step to funding the reserves, Cohen's statement said. There are a lot of different options when it comes to housing in Continental Country Club. Continental has known about its financial challenges for years, even decades, but neglected to plan for or properly address them. . What date did this filing for Chapter 11 Reorganization take effect? Who owns the property Lake Elaine is on and who is responsible for its redevelopment and construction? In the mean time the proshop will still be open Tuesday- Saturday 9am-4pm. By 2026, the annual dues increase will be $291. Once that happens, and at the approval of the homeowners, selling the golf course is something that can be discussed. 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. Not necessarily. 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! If the Assessment and dues increase fails, and the HOA converts to Chapter 7, will the Lake Elaine lawsuit continue? The special assessment can be paid over two years with eight (8) quarterly payments of $261 (which includes 5% interest). However, even if we cant use amenities, were still required to pay annual lot assessment fees even when unable to use amenities. . 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. Register for our eClub to receive regular offers and updates from Continental CC! The obligation to pay dues at least at their current level runs with the land. If I havent yet paid my annual dues, will they still have to be paid? Why are there currently some members paying different assessment rates? Voting to approve these additional funds ends July 28. Without an additional court order, the Trustee steps into the Debtors shoes and inherits any and all land restrictions, encumbrances, etc.