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. Panda Express is expanding to east Flagstaff. There were several additions made in the 1970s. Board Members for Continental Country Club Ro: Title Name Mailing Address Location; Dire . Starting in 2024, associate members would owe an additional $63 for 2024, 2025, and 2026. There are a lot of different options when it comes to housing in Continental Country Club. Please subscribe to keep reading. 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. . 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. At the time of the study, Continentals reserve balance was $54,291. There are many types of townhomes available from $300,000 - $500,000. 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. Even more, we do all the work of the Deed Restriction for you! For every four gallons of water that is pumped into the lake each day, three gallons are lost to seepage into the ground. The January newsletter provided to homeowners did reference that bankruptcy was an option that was being considered. The reorganization plan imposes an increase to our annual assessment that will be phased in over three years beginning in 2024. The availability of these amenities, whether used or not, makes CCC a desirable neighborhood and increases property values. Selling the golf course is not legally a feasible option until we emerge from Chapter 11 bankruptcy. In November, the chain announced the first CFC would be built in Monroe, OH, near its home base of Cincinnati. Below you can find information for the homeowners association including HOA fee includes, community features and amenities. The criteria is based on the HOA community rules and regulations, bylaws and accountability. Round Table Discussions will be held on every, We will also be having Town Hall Meetings for everyone who is interested in attending. If we convert to Chapter 7, the HOA cannot be sued by Lake Elaine property owners or any other entity. 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. Who owns the property Lake Elaine is on and who is responsible for its redevelopment and construction? Why didnt the Board give us a warning that this was going to happen? Is there a Special Assessment Payment Plan? What is the process required to divest the HOA of Lake Elaine? Will all country club members be allowed on the new redeveloped lake? 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.. Reach him at sgolightly@azdailysun.com, on Twitter at @sean_golightly, or on Instagram at @golightly_writes. The Class also estimates this temporary solution could be completed quickly in months, not years. junio 12, 2022. jonah bobo 2005 . Deeper into Lake Elaine: Residents contend lake is not to blame for country clubs bankruptcy. 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. Court reservations required. This includes CC&Rs enforcement on the property, common area maintenance, amenities access and social activities. 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. Continental Country Club. The Wyndham Timeshares (125 units) are Full Members of Continental just like all other owners. The Lake Elaine lawsuit was based on a 1990 Amended Judgement and Settlement that was rejected by the bankruptcy court earlier this year. 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. 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. The Continental CC course can host up to 144 golfers at a time with a shot gun start. How will this affect the value of my home? Other factors include a $600-thousand balloon payment coming due on a loan that was taken out in 2011 to complete installation of a new irrigation system on the course, and additional costs far exceeded the revenue generated by HOA fees. The following is a statement from Lakeside Homeowners At Continental: Continental Country Clubs Financial Challenges Result From Failure to Plan and Confront Obligations. He is a big sweetheart but a little too rough for my Pygmy Goats. 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 plan is approved, Murray says there are two options that can be done with the land. The issues we are dealing with today began 30 years ago and the current board wasnt a part of. 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 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 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. {{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. Copyright 2023 Continental Country Club FL All Rights Reserved. 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%. 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. 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. Buying a new home in the Continental area? The fee had been set to begin at the start of February, . 2380 N Oakmont Dr 219 4. Flagstaff, AZ 86004, Call Continental Country Club at (928) 526-5125, on our EZLinks tee times page in a new tab. Great Circle Media serves Flagstaff, Prescott, Sedona, and the surrounding areas with Northern Arizonas Best Radio Stations! 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. For the good of our residents and those who enjoy our facilities, it was time to take action.. 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. Elden Thursday, Jeronimo Vasquez Named District 2 Supervisor, 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. The association has said that any lake repair would cost millions of dollars. 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. They don't want to claim for damages. Log in, Continental Country Club HOA Chula Vista, CA, Alicante at San Miguel Ranch HOA Chula Vista, CA. No true repairs have been made to the Lake since 1994. The Lakeside homeowners want Continental to thrive as a strong community and healthy Association. The Board approved a two-tier membership now known as Associate and Full Membership to account for the difference in assessment levels. That fee would drop to $500 if the HOA begins refilling the lake, and continue until it is full. A big vote is underway at Continental Country Club in East Flagstaff. Continental Country Club HOA is a community located in Flagstaff, AZ (Coconino County). Wildwood, FL 34785. If we had hired a professional HOA management team a few years ago, could we have avoided all this? Payment $4,996 Price/Sq.Ft. 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. The Course is open to homeowners and timeshare owners residing within subdivisions of Continental Country Club's Homeowners Association. There was a problem saving your notification. Yes, there is nothing inherent in Chapter 7 that dissolves the HOA. 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. 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. This community dates back to 1975 and has continued to develop over the years. What are we voting on, what is the timeline/details? The Lakeside homeowners want Continental to thrive as a strong community and healthy Association. 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. Background: How did we get in this situation regarding Lake Elaine and the Bankruptcy? You have permission to edit this article. 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. Our members will be voting to approve this fee which will be necessary for the reorganization plan to move forward.
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