continental country club hoa fees

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. 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. Wildwood, FL 34785. Held says the bankruptcy wont close the golf course or force any layoffs and daily operations will go on as normal. Continental Golf Course Is CLOSED for the Season! We have compensated by charging usage fees and not giving golf discounts to those who do not pay the full amount. Held says the work would take time and millions of dollars. If the Assessment and dues increase fails, and the HOA converts to Chapter 7, will the Lake Elaine lawsuit continue? The restrictions contained in a declaration are covenants that run with the land and cannot be terminated by the owner. The association has said that any lake repair would cost millions of dollars. The Kroger Co. From AU$247 per night on Tripadvisor: Starlight Lodge at Rockport Harbor, Rockport. Is it possible to leave the HOA so we're not part of it? At Continental, you are more than a member; you are part of the family. The reorganization plan imposes a one-time special assessment of $2,000. In 2006 Continental Country Club succeeded in unifying (11) different sets of CC&Rs for individual single-family subdivisions. Instead it has chosen to walk away from its obligations through bankruptcy reorganization, creating a stigma impacting more than 2,500 Association members. In their amended disclosure statement, the Legionnaires claim the trouble with Lake Elaine is not that its impossible to maintain, but that the Association [Continental] has simply failed to perform any real repair or maintenance of the Lake for nearly 30 years. They say their perspective was upheld in 2020 by the courts, noting that [Continental] argued then, and argues now, that it does not have enough money to fund Lake Elaine repair, but that did not persuade the Coconino Superior Court, which concluded that the Association knew it had a responsibility to maintain the lake but failed to do so. https://continentalflagstaff.com/motion-to-reject-1990-agreement-granted/. Even more, we do all the work of the Deed Restriction for you! These membership tiers are subdivision specific. 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. 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. HOA Legal Name: CONTINENTAL COUNTRY CLUB, INC. Reserve funds are used for large projects such as replacements or repairs within the homeowners association. 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 biggest problem over the years has been Lake Elaine, which has been an issue for nearly 30 years, with costs and fines building over time. A 1991 class action lawsuit ruling stated the lake must remain full. The benefits are endless and your experiences will last a lifetime. 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. There is a one-time special assessment of $2,000. He said the HOA has several other significant expenses and issues that have prevented it from properly facing those issues. Then, you've come to the right place. Thank you to everyone who came out and play, we are looking forward to some exciting changes in-store for next 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. They pay the full membership dues and receive the same benefits. 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. Search And Rescue Crews Tended To An Injured Hiker On Mt. Who owns the property Lake Elaine is on and who is responsible for its redevelopment and construction? But the residents involved in the class action suit believe repairing the lake isn't nearly that expensive. Still, Chapter 7 and the liquidation of assets that would follow are by no means in Continentals interests. This included an offer to complete a partial top-down repair to buy more time. A filing for Bankruptcy can take many forms, including a Chapter 11 Reorganization. continental country club hoa fees. Indeed, in a letter to HOA members, Held said the organization also has a $600,000 balloon payment on a loan taken out in 2011 for the installation of a new irrigation system. 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. 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.. Continental County Club has filed for Chapter 11 bankruptcy protection, but daily operations wont change. There are a lot of different options when it comes to housing in Continental Country Club. The issues we are dealing with today began 30 years ago and the current board wasnt a part of. The property cannot be abandoned. Subscribe to our Daily Headlines newsletter. How do timeshares fit into the funding picture? Continental Country Club home prices vary from luxury homes to more affordable homes that might be perfect for first-time buyers. That fee would drop to $500 if the HOA begins refilling the lake and continue until it is full. 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. Trees are falling in Flagstaff and have been compromised as a result of recent winter storms. 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! Sign up for our newsletter to keep reading. These homeowners the Class believe that the Association has options to address its financial challenges. For more information contact Continental Country Club Guest Services at . 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. 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. An HOA faces bankruptcy because of its man-made lake. The criteria is based on the HOA community rules and regulations, bylaws and accountability. President - The president of the Board presides at all meetings of the Board of Directors. This one-acre park, opened in 2013, includes a playground with a swing set and a picnic table. They want the lake fixed, Bliss said. Round Table Discussions will be held on every, We will also be having Town Hall Meetings for everyone who is interested in attending. In a Chapter 7 does the HOA remain in place? Continental is responsible for those owners access to amenities and common area maintenance. Were voting for a smaller cost now ($2,000 to cover the $2.5M), to protect ourselves from possible larger costs later, unending litigation and the $15 million claim of the LFOs that could not be addressed any other way outside of bankruptcy, to protect our amenities and eradicate Lake Elaine issues. They don't want to claim for damages. 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. $273 Buyer's Agent Commission 2.5% Street View Directions Ask Redfin Agent Cody a Question Cody Bauer Flagstaff Redfin Agent View Properties for Sale at Continental Country Club located in Wildwood, FL. 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. The funds usually have strict criteria for how they are to be used. Why are there currently some members paying different assessment rates? That's not true. The fee had been set to begin at the start of February, . We pay a special assessment one-time fee of $2,000 and assuming success in the bankruptcy court, we are DONE with Lake Elaine issue forever! If you are looking for our main website, click here. 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. Do all members of the HOA get to vote for the new HOA Dues and Special Assessment? 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.. Email notifications are only sent once a day, and only if there are new matching items. While the pending contempt order and associated fines were the catalyst for this action, there were also underlying considerations including an October 21 obligation to pay a $600,000 balloon payment incurred when funds were borrowed to install a new golf course irrigation system in October 2011. All owners of lots subject to the declaration are required to be members of Continental Country Club, Inc., per the recorded declaration. The Continental Country Club course is filled with par 3s and par 5s, offers beautiful mountain views and a friendly, neighborhood environment. The reorganization plan imposes an increase to our annual assessment that will be phased in over three years beginning in 2024. Court testimony confirmed what the Class already knew: The Lake holds water and can be fixed. Unfortunately, this was the only possible conclusion, and once decided, needed to be acted upon quickly. We are located on St Rte 44 just 2.5 miles east of Brownwood, CLICK IMAGE TO REGISTER FOR IMPORTANT EMAILS WITH IMPORTANT INFORMATION, KINDLE AND ANDROID USERS: CLICK HERE TO DOWNLOAD OUR APP, Resident, Dan Kane compiled an informative list of links to the areaclick below:CCC HELPFUL LINKS, 50 Continental Blvd., Highway 44 East, Wildwood, Florida 34785. For the most part, most of our Members should not be affected by this petition. 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. Email notifications are only sent once a day, and only if there are new matching items. Situated below Mount Elden in Flagstaff, AZ, the 18-hole championship golf course at Continental Country Club was designed by Bob E. Baldock. Continental Country Club has 2,395 owners. That fee would drop to $500 if the HOA begins refilling the lake, and continue until it is full. https://continentalflagstaff.com/what-if-our-members-dont-approve/. 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. Our clubhouse is over 50 years old and the other amenities require maintenance and repair. Learn More on our tournaments page. By 2026, the annual dues increase will be $291. The original clubhouse was built in 1960. https://continentalflagstaff.com/fee-schedule-to-support-the-reorganization-plan/. Continental owns and maintains the Walnut Canyon Lakes, and the Associations own experts have testified that Lake Elaine can be repaired. A July 14 article for the Arizona Daily Sun explored the issue through testimony from management of the country. {{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. 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 work and fines until the lake was filled amounted to a lot of money that our Association does not have. 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. Continental Country Club HOA is a community located in Flagstaff, AZ (Coconino County). The Lakeside homeowners want Continental to thrive as a strong community and healthy Association. 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. Voting to approve these additional funds ends July 28. Flagstaff, AZ 86004, Call Continental Country Club at (928) 526-5125, on our EZLinks tee times page in a new tab. Continental Country Club. But, in the 1990s, disaster struck. All Single-Family homes governed by the CC&Rs are obligated to pay an annual lot assessment. 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/. 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. However, even if we cant use amenities, were still required to pay annual lot assessment fees even when unable to use amenities. How much are you paying for these signs Im seeing, and this PR firm? 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. 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! This would include 4-5 ponds, walking trails, benches, limited parking and would be open to, With either option, and assuming successful confirmation of our reorganization plan by the bankruptcy court, we have no ongoing legal obligation to continue any litigation from lakefront homeowners. We will keep our facilities open and our employees will be working to ensure business as usual. They are down to earth, fun-loving people that enjoy spending time together laughing over great food and refreshing drinks. 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. 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 the plan is approved, Murray says there are two options that can be done with the land. . 150 Saab tingida. HOA Documents Articles of Incorporation CC&Rs Bylaws Membership Policies Beyond the potential Lake Elaine obligations, we have a 50-year-old building, and numerous amenities. 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. In November, the chain announced the first CFC would be built in Monroe, OH, near its home base of Cincinnati. You have permission to edit this article. Yes, there is nothing inherent in Chapter 7 that dissolves the HOA. The January newsletter provided to homeowners did reference that bankruptcy was an option that was being considered. Beginning 2024, we have three small increases to annual dues of $97 which resolves deferred maintenance and creates appropriate reserves/plan for maintaining building/grounds. Log in, Continental Country Club HOA in Flagstaff, AZ, Forest Highlands Golf Club HOA in Flagstaff, AZ, Railroad Springs Townhomes HOA in Flagstaff, AZ. Becoming a member at Continental Country Club is an investment in yourself, your family and your future. Continental Country Clubs HOA files for Chapter 11 bankruptcy.

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