Staffed with talented and devoted professionals, Continental Country Club is among the area's best-rated public courses. We will keep our facilities open and our employees will be working to ensure business as usual. Beyond the potential Lake Elaine obligations, we have a 50-year-old building, and numerous amenities. The required work would require Engineers, Contractors, and time. Print Subscribe Was this page helpful? junio 12, 2022. jonah bobo 2005 . Are you looking for a great restaurant? How does the Chapter 11 filing affect me as a Continental Country Club Member? To him, the results of this 2020 study were disturbing.. Will there be an increase to my annual assessment? Not necessarily. The perceived pattern of mismanagement plays into the perspective put forward in court by the suing class of lakefront homeowners the Lakeside Legionnaires as they call themselves. Yes, there is nothing inherent in Chapter 7 that dissolves the HOA. 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.. 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. 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 trustee is appointed to liquidate and pay, not operate. The Course is open to homeowners and timeshare owners residing within subdivisions of Continental Country Club's Homeowners Association. Then starting in 2024, full members would owe an additional $97 for 2024, 2025 and 2026. 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. This includes CC&Rs enforcement on the property, common area maintenance, amenities access and social activities. If APPROVED and Option A is selected, then the property will be deeded to the Lake Elaine owners. Instead it has chosen to walk away from its obligations through bankruptcy reorganization, creating a stigma impacting more than 2,500 Association members. But Bliss also took issue with the HOAs suggestion that the issue over Lake Elaine was the primary cause of the bankruptcy. 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 This anomaly resulted in 1994. How do timeshares fit into the funding picture? 219 4. 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. These properties have individual property management companies who handles their CC&R enforcement and day-to-day operation. The Class also estimates this temporary solution could be completed quickly in months, not years. HOA Legal Name: CONTINENTAL COUNTRY CLUB, INC. Reserve funds are used for large projects such as replacements or repairs within the homeowners association. 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. Subscribe to our Daily Headlines newsletter. https://continentalflagstaff.com/motion-to-reject-1990-agreement-granted/. An HOA faces bankruptcy because of its man-made lake. 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 question is why. For more information contact Continental Country Club Guest Services at . If we convert to Chapter 7, the HOA cannot be sued by Lake Elaine property owners or any other entity. Once that happens, and at the approval of the homeowners, selling the golf course is something that can be discussed. 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. Quite honestly, I can't imagine a professional management company letting this happen. Sign up for our newsletter to keep reading. When were the clubhouse and clubhouse pool built? The court agreed, and a daily fee of $700 was placed on the HOA for not filling the lake. We also have aging facilities that require upkeep with an insignificant amount of reserves. Each year, members may elect a new board or move to a professional management association. These homeowners are known as Associate members. Are the fines associated with the October 2020 preliminary ruling being assessed currently? You can cancel at any time. For every four gallons of water that is pumped into the lake each day, three gallons are lost to seepage into the ground. 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! 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. Meeste parka Helly Hansen Continental XL UUS. 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. Panda Express is expanding to east Flagstaff. Email notifications are only sent once a day, and only if there are new matching items. Continental received $1500 in donations for marketing materials for the campaign. One thing to remember, you will be required to pay additional Home Owner . Flagstaff, Feb. 12, 2021 - Continental Country Club is a great place to live and provides many amenities for the broader community. Copyright 2023 Continental Country Club FL All Rights Reserved. You have permission to edit this article. Helly Hansen Active Winter sulejope UUS! Homeowners have a duty to pay their annual dues and this holds true even while in a Chapter 11 reorganization. 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. The first payment would be due the same day as the due date for the special assessment. For the most part, most of our Members should not be affected by this petition. Call the Pro Shop at 352-748-3293 to reserve your tee time Welcome to Continental Country Club Are you looking for a great golf course? Fee: Continental Country Club HOA or Social Membership fee required. The failure to plan by the association, the failure to reserve funds, have really put the association in a tough spot.. 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. Finally, CCCs boards have struggled to make ends meet for years, while trying to honor their pledge made in 2013 not to raise dues again for eight years. 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 Our members will be voting to approve this fee which will be necessary for the reorganization plan to move forward. 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. At the beginning of the Chapter 11 process, we explained that values may be negatively affected. If Option B is selected, the redesign will be the Associations responsibility. 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. 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. 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 Board President of the Homeowners Association of Continental Country Club in Flagstaff, . The funds usually have strict criteria for how they are to be used. 27470 Jefferson Ave. Pizza making Mamma mia, we love this one! . Schedule: No open play during the off-season (Nov-Apr). Unfortunately, this was the only possible conclusion, and once decided, needed to be acted upon quickly. 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.. Is there a Special Assessment Payment Plan? It was approved in some subdivisions, but not in others, as some subdivisions expressed strong discontent with increasing the assessment because they did not see value in the use of amenities. 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 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%. Then, you've come to the right place. Contrary to the Associations statements, a partial repair would cost nowhere near the millions of dollars suggested by the Association. 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. There are condominiums, big and small, that you can purchase in the $180,000 - $300,000 price range. ", 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. *Country Club Homeowners: This amount is for quarterly dues only and is separate from mandatory social membership dues. https://continentalflagstaff.com/what-if-our-members-dont-approve/. 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. Who owns the property Lake Elaine is on and who is responsible for its redevelopment and construction? 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. (renews at {{format_dollars}}{{start_price}}{{format_cents}}/month + tax). The truth is that the Association has simply failed to perform any real repair or maintenance of the Lake for 27 years now. 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! Tract D (Lake Elaine) is currently owned by the Association. Our members are what makes the social membership so special. Bronson Creek feeds into a wetland on the east side of the park; a paved trail provides access to the wetland. Is there money set aside for the management of the HOA & enforcement of CC&Rs? A filing for Bankruptcy can take many forms, including a Chapter 11 Reorganization. Great Circle Media serves Flagstaff, Prescott, Sedona, and the surrounding areas with Northern Arizonas Best Radio Stations! 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 This one-acre park, opened in 2013, includes a playground with a swing set and a picnic table. 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 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. That's not what any of our folks want. It is difficult to predict how the trustee will act, but generally speaking trustees wind up operations quickly after appointment and liquidate assets as fast as possible. Were empathetic to those on fixed incomes, and offer payment plans to ease burdens. Situated below Mount Elden in Flagstaff, AZ, the 18-hole championship golf course at Continental Country Club was designed by Bob E. Baldock. 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. Here, golfers find a quiet and peaceful round of golf at what feels like a destination club. The Villages, FL 32162 Directions. A Chapter 11 Reorganization allows us to create a plan of reorganization (a new business plan) and show the court how CCC plans to effectuate the plan. 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. These membership tiers are subdivision specific. On this point, the Legionnaires agree. This community dates back to 1975 and has continued to develop over the years. Even more, we do all the work of the Deed Restriction for you! The . Can a trustee remove the restrictions on the use of the golf course to sell it for maximum value? Held says the bankruptcy wont close the golf course or force any layoffs and daily operations will go on as normal. Here, golfers find a quiet and peaceful round of golf at what feels like a destination club. A 2019 report from engineering firm Terracon evaluated that the lower lake elevation would have relative stability. The same report concluded, however, that any plan should include the eventual replacement of the liner below this elevation., Outlined in their amended disclosure statement, Continental has included a small lake option in its plan to emerge from bankruptcy, but with one caveat: the club no longer want to be responsible for maintaining the lake. One that was, you know, competent., Financial mismanagement reaches further back than the 2020 study, said resident John Nilsson. With huge increases in minimum wage, increasing expenses related to repairing, replacing and maintaining facilities, and rising water costs, along with the contempt action, sanctions, and order, and after exploring all other options, there was no other possible decision. Will there be a special assessment to help cover some of the debts? This area is served by the Sweetwater Union High attendance zone. For the good of our residents and those who enjoy our facilities, it was time to take action.. By 2026, the annual dues increase will be $189. 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.. There are many unknowns associated with a conversion to Chapter 7. However, a Chapter 7 panel trustee would be appointed and all decisions regarding the operations of the HOA will be made by the Trustee. They pay the full membership dues and receive the same benefits. {{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. Now, the association is asking homeowners to vote to approve two items a one-time fee and an increase in annual dues. What about the special assessment or other fees? 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. Wildwood, FL 34785. Why didnt the Board give us a warning that this was going to happen? Come see us today! 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. 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. Reorganization comes after decades of the Association kicking the can down the road. A July 14 article for the Arizona Daily Sun explored the issue through testimony from management of the country. Continental Country Club mostly features cozy homes that are very reasonably priced. This included signage, team captain materials and t-shirts. If we had hired a professional HOA management team a few years ago, could we have avoided all this? 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. But some lakefront residents on the other side of the legal battle have a different perspective. 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/. Ensure continued use of our club amenities and environment. 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! (renews at {{format_dollars}}{{start_price}}{{format_cents}}/month + tax). 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. Is it possible to leave the HOA so we're not part of it? 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. If I haven't yet paid my annual dues, will they still have to be paid? 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. They are down to earth, fun-loving people that enjoy spending time together laughing over great food and refreshing drinks. The reorganization plan imposes an increase to our annual assessment that will be phased in over three years beginning in 2024. 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. If I havent yet paid my annual dues, will they still have to be paid? Example turn the golf course into single-family homes. First used to store water for the golf course, Lake Elaine is now only aesthetic, but has been leaking water for decades. 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. Below you can find information for the homeowners association including HOA fee includes, community features and amenities. The Continental Country Club in Flagstaff is bankrupt. How do timeshares fit into the funding picture? 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. If the plan is approved, Murray says there are two options that can be done with the land. But, in the 1990s, disaster struck. 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. Membership in Continental is a result of home ownership. Continental Country Club home prices vary from luxury homes to more affordable homes that might be perfect for first-time buyers. 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. What happens if we vote NO (DO NOT APPROVE) or dont meet the quorum requirement after two tries? 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. Raising dues and increasing assessments is an important step to funding the reserves, Cohen's statement said. Flyer Link. Email notifications are only sent once a day, and only if there are new matching items. HOA Documents Articles of Incorporation CC&Rs Bylaws Membership Policies 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. Court reservations required. The Continental Country Club course is filled with par 3s and par 5s, offers beautiful mountain views and a friendly, neighborhood environment. Professional management associations still report to a board of directors which makes final decisions. 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. This included an offer to complete a partial top-down repair to buy more time. 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. The issues we are dealing with today began 30 years ago and the current board wasnt a part of. 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! Back then, the increase had to be approved in each single-family subdivision. The reorganization plan imposes a one-time special assessment of $2,000. Reach him at sgolightly@azdailysun.com, on Twitter at @sean_golightly, or on Instagram at @golightly_writes. Zillow has 3 homes for sale in 34785 matching Continental Country Club. 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.
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