The funds usually have strict criteria for how they are to be used. The Continental Country Club constructed Lake Elaine back in the 1970s. Becoming a member at Continental Country Club is an investment in yourself, your family and your future. No true repairs have been made to the Lake since 1994. There are approximately 1,360 single-family homes (in addition to 1,030 townhouses, condos, and timeshares) within the Continental Country Club Homeowners Association. They pay the full membership dues and receive the same benefits. For more information contact Continental Country Club Guest Services at . 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 continental country club hoa fees. 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. That would be within the discretion of the trustee. In 2020 Continental knew it had some big expenses coming up, and the study was designed to help it figure out how to keep money in the bank. Please subscribe to keep reading. 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 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. The January newsletter provided to homeowners did reference that bankruptcy was an option that was being considered. However, the CC&Rs needed to be combined with the assessments at the amounts approved by each individual subdivision at that time. 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 These homeowners the Class believe that the Association has options to address its financial challenges. 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! This option would release the Association from, Option #2 would be to spend that $2.5 million and create the new amenity. If you choose to deed restrict with CCC HOA, the Annual Dues for the current year will be waived! Staffed with talented and devoted professionals, Continental Country Club is among the area's best-rated public courses. 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. 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.. We are located on St Rte 44 just 2.5 miles east of Brownwood Quick Facts Getting Around Continental Country Club Continental Country Club Learn more about this neighborhood. Held says the bankruptcy wont close the golf course or force any layoffs and daily operations will go on as normal. Contact ClubCorp for social membership dues questions: 623-742-6200 Download homeowners online payment guide. There is a one-time special assessment of $2,000. And it's free! Zillow has 3 homes for sale in 34785 matching Continental Country Club. 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. 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. But Bliss also took issue with the HOAs suggestion that the issue over Lake Elaine was the primary cause of the bankruptcy. 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. In some cases, these problems predate the current board by years, if not decades. What happens if 2 YES (APPROVE) for Special Assessment and Annual Dues Increase? junio 12, 2022. jonah bobo 2005 . Continental has known about its financial challenges for years, even decades, but neglected to plan for or properly address them. 219 4. Joining the Continental Country Club HOA is the easiest way to protect your property's value! 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. Continental Country Club's HOA files for Chapter 11 bankruptcy (AZ) 17 Feb, 2021 Print this article Font size - 16 + 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 Continental Country Club in Flagstaff is bankrupt. Selling the golf course is not legally a feasible option until we emerge from Chapter 11 bankruptcy. 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 resulted in two levels. Flyer Link. Bliss said the HOA also has lots of deferred maintenance fees, while also having some of the lowest member fees in the state. Log in, Continental Country Club HOA in Chula Vista, CA, Terraza at Otay Ranch Village HOA in Chula Vista, CA, Chula Vista Bayfront HOA in Chula Vista, CA. 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. ", 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. On this point, the Legionnaires agree. Continental Country Club Listings. Sign up for our newsletter to keep reading. Continental Country Club's HOA files for Chapter 11 bankruptcy Adrian Skabelund Feb 17, 2021 Updated Mar 24, 2021 0 Cracked limestone makes up the karst geologic formation beneath a worn-out. In November, the chain announced the first CFC would be built in Monroe, OH, near its home base of Cincinnati. 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! 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 2017, residents came back and asked the court to hold the HOA in contempt for not following through on its mandate to keep the lake full. She says, option one is deeding the property over to the Lake Elaine Homeowners and giving a lump sum payout of $2.5-million for them to be able to do an improvement on the lake as to what they would like, or option two is taking the $2.5-million and us creating a new amenity, which has four-to-five ponds, walking trails and benches which is open to all of the homeowners. Absentee ballots are due at the clubhouse by Thursday at 5 p.m., or residents can vote in person Saturday morning at 9 a.m. at Sinagua Middle School, where the vote count will take place. Residents are deciding whether or not to approve a raise in HOA fees and a one-time special assessment of $2,000. 3mi Publix Quick Picks Delivery by 11:00am Walgreens Delivery by 3:35am Sam's Club Delivery by 11:00am ABC Fine Wine & Spirits Delivery by 2:00pm. It bolstered the property values of homes located on the waterfront and was a gorgeous sight to see. 2380 N. Oakmont Drive, Flagstaff, AZ 86004 (928) 526-5125 www.continentalflagstaff.com . They are down to earth, fun-loving people that enjoy spending time together laughing over great food and refreshing drinks. Please subscribe to keep reading. The work and fines until the lake was filled amounted to a lot of money that our Association does not have. The . If the plan is approved, Murray says there are two options that can be done with the land. This includes CC&Rs enforcement on the property, common area maintenance, amenities access and social activities. Dues increases and/or special assessment would have been necessary even if a professional management company was involved. The owners of these properties are also obligated to pay annual assessments to CCC based on their respective CC&Rs. There are condominiums, big and small, that you can purchase in the $180,000 - $300,000 price range. Based on the HOAs rules, those fees can only be raised by a two-thirds vote by all members. All owners of lots subject to the declaration are required to be members of Continental Country Club, Inc., per the recorded declaration. One that was, you know, competent., Financial mismanagement reaches further back than the 2020 study, said resident John Nilsson. But the residents involved in the class action suit believe repairing the lake isn't nearly that expensive. Do all members of the HOA get to vote for the new HOA Dues and Special Assessment? So, you know, we know that the association is trying to make this look like it's the bankruptcy is all about Lake Elaine, but the association has a number of financial problems, several of which are not related to Lake Elaine, Bliss said. That's not what any of our folks want. The court agreed, and a daily fee of $700 was placed on the HOA for not filling the lake. 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. So, we either pay the known $2.5 million now, or pay more later up to the $15 million? For the most part, most of our Members should not be affected by this petition. If Option B is selected, the redesign will be the Associations responsibility. 27470 Jefferson Ave. Pizza making Mamma mia, we love this one! The property cannot be abandoned. Why are there currently some members paying different assessment rates? The community is gated, includes 24/7 security and even allows pets. However, even if we cant use amenities, were still required to pay annual lot assessment fees even when unable to use amenities. In the mean time the proshop will still be open Tuesday- Saturday 9am-4pm. Were empathetic to those on fixed incomes, and offer payment plans to ease burdens. 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.. A July 14 article for the Arizona Daily Sun explored the issue through testimony from management of the country. Some of that is the result of limitations on the Associations revenues and on its ability to raise dues or impose special assessments. This included an offer to complete a partial top-down repair to buy more time. Flagstaff, Feb. 12, 2021 - Continental Country Club is a great place to live and provides many amenities for the broader community. 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. Payment $4,996 Price/Sq.Ft. 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. 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. What are we voting on, what is the timeline/details? 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 Boards decision to take this step relied on a three-pronged financial problem that was accelerated after the October 30th preliminary ruling of finding CCC in contempt for having not maintained Lake Elaine consistent with a 1990 Consent Decree, discussed below. 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 lake level has been falling because water is seeping out despite previous attempts to seal the lake bottom. 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. Continental Country Clubs HOA files for Chapter 11 bankruptcy. $273 Buyer's Agent Commission 2.5% Street View Directions Ask Redfin Agent Cody a Question Cody Bauer Flagstaff Redfin Agent 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. The availability of these amenities, whether used or not, makes CCC a desirable neighborhood and increases property values. 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. At the time, it was an asset to the HOA. Unfortunately, this was the only possible conclusion, and once decided, needed to be acted upon quickly. HOA Legal Name: CONTINENTAL COUNTRY CLUB R.O., INC. The money for the signs was donated. 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! The first payment would be due the same day as the due date for the special assessment. After the October 30th preliminary ruling, the board studied and reviewed all possibilities, along with speaking with several professionals and our attorneys. {{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, Investigation underway after body found near Sunset Crater National Monument, Flagstaff schools planning to make up instructional time after this winter's snow days, 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, Global race is on to improve EV range in the cold, 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. 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. The Board President of the Homeowners Association of Continental Country Club in Flagstaff, . Continental Country Club. The issues we are dealing with today began 30 years ago and the current board wasnt a part of. 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. Is there a Special Assessment Payment Plan? 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. These properties have individual property management companies who handles their CC&R enforcement and day-to-day operation. Get up-to-the-minute news sent straight to your device. 2380 N Oakmont Dr Flagstaff, Feb. 12, 2021 Continental Country Club is a great place to live and provides many amenities for the broader community. The fee had been set to begin at the start of February, but due to the bankruptcy, it has been put on hold. Posted about 2 hours ago $2,950 / 3br - 1145ft2 - Beautifully remodeled 3bed,2bath in Green Mountain home!1 WEEK FREE* (461 S. $3,875 / 1br - 682ft 2 - One bedroom home with vaulted ceiling and balcony . If I havent yet paid my annual dues, will they still have to be paid? 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. What is the process required to divest the HOA of Lake Elaine? Log in, Continental Country Club HOA in Flagstaff, AZ, Forest Highlands Golf Club HOA in Flagstaff, AZ, Railroad Springs Townhomes HOA in Flagstaff, AZ. Continental owns and maintains the Walnut Canyon Lakes, and the Associations own experts have testified that Lake Elaine can be repaired. . The trustee is appointed to liquidate and pay, not operate. But some lakefront residents on the other side of the legal battle have a different perspective. Search And Rescue Crews Tended To An Injured Hiker On Mt. 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. 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. 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. This included signage, team captain materials and t-shirts. 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. 3. If it is to be divested, it must be accepted by a third party. Ensure continued use of our club amenities and environment. To hear Peter and Daves interview with Continental Country Club General Manager Talia Murray, click here: Great Circle Media serves Flagstaff, Prescott, Sedona, and the surrounding areas with Northern Arizonas Best Radio Stations! This anomaly resulted in 1994. Come see us today! Reserve your next round of golf with our quick and convenient online booking engine. 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. Print Subscribe Was this page helpful? He said the HOA has several other significant expenses and issues that have prevented it from properly facing those issues. Lease Details & Fees Details Property Information 78 units/1 story Location 445 Orange Ave , Chula Vista , CA 91911 Get Directions This Property Available Property 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. 50 Continental Blvd. How do timeshares fit into the funding picture? 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. The Wyndham Timeshares (125 units) are Full Members of Continental just like all other owners. Wildwood, FL 34785. The Continental Country Club course is filled with par 3s and par 5s, offers beautiful mountain views and a friendly, neighborhood environment. Copyright 2023 Continental Country Club FL All Rights Reserved. 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. 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 Continental CC course can host up to 144 golfers at a time with a shot gun start. You have permission to edit this article. 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. 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. A 1991 class action lawsuit ruling stated the lake must remain full. Below you can find information for the homeowners association including HOA fee includes, community features and amenities. 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. The remaining properties consist of Townhomes, Condos and timeshares. Round Table Discussions will be held on every, We will also be having Town Hall Meetings for everyone who is interested in attending. Register for our eClub to receive regular offers and updates from Continental CC! For every four gallons of water that is pumped into the lake each day, three gallons are lost to seepage into the ground. Will all country club members be allowed on the new redeveloped lake? I just see that as being poorly managed, Penoff said. I dont golf. Why dont we just sell the golf course to eliminate the large expense of deferred and ongoing maintenance? Held says the work would take time and millions of dollars. Our members will be voting to approve this fee which will be necessary for the reorganization plan to move forward. 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. . 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. When will we know about the timing and amount of any assessments that will be needed? Yes, there is nothing inherent in Chapter 7 that dissolves the HOA. If we dont reach quorum on special assessment, then we can go out a second time on special assessment but must have 30% quorum (participation) that round and of that, 2/3 must vote Yes. Meeste parka Helly Hansen Continental XL UUS.
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