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! Sean Golightly reports on the environment and the city of Flagstaff. These properties have individual property management companies who handles their CC&R enforcement and day-to-day operation. 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. Two yeses mean $2.5M goes to either Option 1 or 2 as determined by creditors. We will keep our facilities open and our employees will be working to ensure business as usual. They stick to the claim that maintaining the lake in the manner outlined in 1990 is no longer physically possible, economically feasible or ecologically sound., While the court concluded that it was possible to maintain the lake, and that Continental had a responsibility to do so, the engineering reports that informed the decision paint a more complex picture. Sign up for our newsletter to keep reading. This discount allows members & guests to enjoy the lowest rates offered on our rack card. 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.. Here, golfers find a quiet and peaceful round of golf at what feels like a destination club. Now, the association is asking homeowners to vote to approve two items a one-time fee and an increase in annual dues. A member may cease paying in protest, but the trustee will ultimately have the same rights CCC currently has to enforce and compel payment ultimately filing a lien on the property and foreclosing. The association has said that any lake repair would cost millions of dollars. 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. Continental Country Club Homes for Sale - Best Flagstaff Homes 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! In an email, the board president of the Continental Country Club HOA said the organization is facing several financial challenges, including the issue over Lake Elaine. The Class also estimates this temporary solution could be completed quickly in months, not years. For the good of our residents and those who enjoy our facilities, it was time to take action.. From AU$247 per night on Tripadvisor: Starlight Lodge at Rockport Harbor, Rockport. 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. More information on the voting process for residents of the neighborhood can be found at continentalflagstaff.com/the-voting-process-on-the-two-fees/. If it is to be divested, it must be accepted by a third party. There were several additions made in the 1970s. What are we voting on, what is the timeline/details? View Properties for Sale at Continental Country Club located in Now, it has turned to owners for funding. Continental Country Club home prices vary from luxury homes to more affordable homes that might be perfect for first-time buyers. First used to store water for the golf course, Lake Elaine is now only aesthetic, but has been leaking water for decades. The Continental CC course can host up to 144 golfers at a time with a shot gun start. 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. Contrary to the Associations statements, a partial repair would cost nowhere near the millions of dollars suggested by the Association. If I havent yet paid my annual dues, will they still have to be paid? They are down to earth, fun-loving people that enjoy spending time together laughing over great food and refreshing drinks. This includes CC&Rs enforcement on the property, common area maintenance, amenities access and social activities. 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? When were the clubhouse and clubhouse pool built? 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 Below you can find information for the homeowners association including HOA fee includes, community features and amenities. Board Members for Continental Country Club Ro: Title Name Mailing Address Location; Dire . What happens if we vote NO (DO NOT APPROVE) or dont meet the quorum requirement after two tries? The filing for Chapter 11 reorganization stays those fines. The January newsletter provided to homeowners did reference that bankruptcy was an option that was being considered. The . If Option B is selected, the redesign will be the Associations responsibility. Continental Country Club HOA in Flagstaff, AZ - HOA Resource And its free! We have compensated by charging usage fees and not giving golf discounts to those who do not pay the full amount. 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. 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. HOA Faces Bankruptcy Over Man-Made Lake | HOAM News - Hoa Management .com Our main desire is for members and guests, alike, to have a memorable golfing experience. 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. 27470 Jefferson Ave. Pizza making Mamma mia, we love this one! The hoa policies can change with time for Continental Country Club so if you see an error please contact us so we can fix it. In November, the chain announced the first CFC would be built in Monroe, OH, near its home base of Cincinnati. Please subscribe to keep reading. Hobby Shop Temecula - kbstricks.it Continental Country Club Who are the members of CCC? Continental Country Club - Wildwood, FL Homes for Sale & Real Estate But the residents involved in the class action suit believe repairing the lake isn't nearly that expensive. The original clubhouse was built in 1960. One thing to remember, you will be required to pay additional Home Owner . Caractersticas Helly Hansen Arctic Patrol H2Flow Parka. Contenido de Are the fines associated with the October 2020 preliminary ruling being assessed currently? Our clubhouse is over 50 years old and the other amenities require maintenance and repair. Who owns the property Lake Elaine is on and who is responsible for its redevelopment and construction? Held says the bankruptcy wont close the golf course or force any layoffs and daily operations will go on as normal. 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. Continental Golf Course Is CLOSED for the Season! (renews at {{format_dollars}}{{start_price}}{{format_cents}}/month + tax). Continental has known about its financial challenges for years, even decades, but neglected to plan for or properly address them. 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/. The Continental Country Club in Flagstaff is bankrupt. Back then, the increase had to be approved in each single-family subdivision. Dues increases and/or special assessment would have been necessary even if a professional management company was involved. 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. Can I see a Reserve Study Summary of expenditures broken out by amenity? Can we just abandon the property? A filing for Bankruptcy can take many forms, including a Chapter 11 Reorganization. In the mean time the proshop will still be open Tuesday- Saturday 9am-4pm. Continental Country Club - Eileen Taggart - Brokered by Exp Realty For every four gallons of water that is pumped into the lake each day, three gallons are lost to seepage into the ground. There are condominiums, big and small, that you can purchase in the $180,000 - $300,000 price range. At Continental, you are more than a member; you are part of the family. 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. Copyright 2023 Continental Country Club FL All Rights Reserved. Example turn the golf course into single-family homes. The fee had been set to begin at the start of February, . Some of that is the result of limitations on the Associations revenues and on its ability to raise dues or impose special assessments. Will all country club members be allowed on the new redeveloped lake? Wildwood, FL 34785. But some lakefront residents on the other side of the legal battle have a different perspective. Do all members of the HOA get to vote for the new HOA Dues and Special Assessment? Home to one of the best-rated public golf courses in Flagstaff, AZ. 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 . 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 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. 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. Residents are deciding whether or not to approve a raise in HOA fees and a one-time special assessment of $2,000. 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.. Its those reasons why the Club went into Chapter 11 bankruptcy in February of 2021. 3. We do not currently expect the LFOs to elect Option A. Without an additional court order, the Trustee steps into the Debtors shoes and inherits any and all land restrictions, encumbrances, etc. Chapter 11 Filing FAQ - Continental Country Club Voting to approve these additional funds ends July 28. The HOA fees in this community is about $265 to $320 a month, depending on location (golf course and waterfront lots are available) and includes lawn care and trash pick-up. But, in the 1990s, disaster struck. Great Circle Media serves Flagstaff, Prescott, Sedona, and the surrounding areas with Northern Arizonas Best Radio Stations! A 1991 class action lawsuit ruling stated the lake must remain full. Cont Country Club HOA Flagstaff, AZ - HOA Community Residents are deciding whether or not to approve a raise in HOA fees and a one-time special assessment of $2,000. Welcome to Anthem Community Council Meeste parka Helly Hansen Continental XL UUS. If APPROVED and Option A is selected, then the property will be deeded to the Lake Elaine owners. 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. 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. If the plan is approved, Murray says there are two options that can be done with the land. The lake level has been falling because water is seeping out despite previous attempts to seal the lake bottom. Then starting in 2024, full members would owe an additional $97 for 2024, 2025 and 2026. CONTINENTAL COUNTRY CLUB RO, WILDWOOD FL HOA Board, Property Mgr 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. Continental received $1500 in donations for marketing materials for the campaign. Raising dues and increasing assessments is an important step to funding the reserves, Cohen's statement said. Then, you've come to the right place. A future owner of your home may find golf or the other amenities appealing. https://continentalflagstaff.com/what-if-our-members-dont-approve/. He is a big sweetheart but a little too rough for my Pygmy Goats. The restrictions contained in a declaration are covenants that run with the land and cannot be terminated by the owner. The Villages, FL 32162 Directions. Multi-Unit Information Community Amenities: Clubhouse, Golf, Pool/Spa, Tennis Court Parking Information Garage Type: Garage Door Opener Garage Type: Garage Capacity: 7.00 Homeowners Association Information HOA Fees: 550.00 HOA Frequency: Yearly HOA Name: Continental Country Club HOA Contact #: 928.526.5125 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? Bliss said they believe that most of the leaks are in the upper portion of Lake Elaine and targeting repairs toward that section of the lake would go a long way in solving the problem. 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. The Continental Country Club in Flagstaff is bankrupt. There are many types of townhomes available from $300,000 - $500,000. 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. Still, Chapter 7 and the liquidation of assets that would follow are by no means in Continentals interests. Will there be an increase to my annual assessment? Continental Country Club Listings. Were empathetic to those on fixed incomes, and offer payment plans to ease burdens. If we pay the $2.5M now, were done forever, other than ongoing maintenance of the small ponds, according to Judge Ballinger. Continental Country Club Homeowners Association, Flagstaff AZ - HOA Flagstaff, AZ Golf | Continental Country Club Register for our eClub to receive regular offers and updates from Continental CC! There are a lot of different options when it comes to housing in Continental Country Club. 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. 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. Lease Details & Fees Details Property Information 78 units/1 story Location 445 Orange Ave , Chula Vista , CA 91911 Get Directions This Property Available Property There are many unknowns under Chapter 7, which could include part or all of the current $15M bankruptcy claim from the lakefront owners and loss of amenities while still paying for them. If you are looking for our main website, click here. Continental Country Club. This included signage, team captain materials and t-shirts. Once that happens, and at the approval of the homeowners, selling the golf course is something that can be discussed. Give Us A Call: 1-888-452-6595. So, we either pay the known $2.5 million now, or pay more later up to the $15 million? The reorganization plan imposes an increase to our annual assessment that will be phased in over three years beginning in 2024. 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. These membership tiers are subdivision specific. We also have aging facilities that require upkeep with an insignificant amount of reserves. Tripadvisor Rockport Maine2 mi$$ - $$$ American Seafood Grill The work and fines until the lake was filled amounted to a lot of money that our Association does not have. Continental Country Club - 34785 Real Estate - 3 Homes For Sale - Zillow The funds usually have strict criteria for how they are to be used. 219 4. Why did the Board decide to take this step now? (renews at {{format_dollars}}{{start_price}}{{format_cents}}/month + tax). 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 reorganization plan imposes a one-time special assessment of $2,000.