Main: (928) 526-5125Oakmont: (928) 526-7990Golf Shop: (928) 527-7997Bear Paw: (928) 522-1588, 2023 CONTINENTAL COUNTRY CLUB ALL RIGHTS RESERVED. The Continental Country Club constructed Lake Elaine back in the 1970s. application fee details: $55 app fee online at our website bishoprealtygrp. Home to one of the best-rated public golf courses in Flagstaff, AZ. Will there be an increase to my annual assessment? He said the HOA has several other significant expenses and issues that have prevented it from properly facing those issues. 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. Buying a new home in the Continental area? John Held, president of the board of directors for the country club sent out a letter Wednesday announcing the boards decision and the reasons why. They want the lake fixed, Bliss said. The fee had been set to begin at the start of February, but due to the bankruptcy, it has been put on hold. In 2006 Continental Country Club succeeded in unifying (11) different sets of CC&Rs for individual single-family subdivisions. https://continentalflagstaff.com/what-if-our-members-dont-approve/. The benefits are endless and your experiences will last a lifetime. 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. Much of these claims of mismanagement are founded on an October 2020 Reserve Study of Continentals reserve fund to evaluate how it would maintain reserves above an adequate, not excessive threshold during one or more years of significant expenditures.. We do support the vote for the additional funds for the homeowners association.. 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! Can we just abandon the property? Unfortunately, this was the only possible conclusion, and once decided, needed to be acted upon quickly. I just see that as being poorly managed, Penoff said. 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. Continental Country Club has 2,395 owners. Are the fines associated with the October 2020 preliminary ruling being assessed currently? Now, the HOA faces bankruptcy if it can't come up with $2.5 million. If you choose to deed restrict with CCC HOA, the Annual Dues for the current year will be waived! How much are you paying for these signs Im seeing, and this PR firm? Without an additional court order, the Trustee steps into the Debtors shoes and inherits any and all land restrictions, encumbrances, etc. Our members will be voting to approve this fee which will be necessary for the reorganization plan to move forward. Continental Country Club HOA is a community located in Flagstaff, AZ (Coconino County). 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. The owners of these properties are also obligated to pay annual assessments to CCC based on their respective CC&Rs. A future owner of your home may find golf or the other amenities appealing. By 2026, the annual dues increase will be $291. The Class has been very willing to work with the Association to negotiate an equitable solution that would allow for a temporary repair of the Lake as part of a holistic approach to address the Associations broad financial challenges. Meeste parka Helly Hansen Continental XL UUS. View Properties for Sale at Continental Country Club located in Wildwood, FL. The Continental Country Club in Flagstaff is bankrupt. There has been much misinformation about the history of Lake Elaine and the ability to maintain lakes in this area. There was a problem saving your notification. The Continental CC course can host up to 144 golfers at a time with a shot gun start. Continental Country Club Continental Country Club Website Continental Country Club Townhomes and Condos Property listings 1 - 2 of 2 1 Sort by: Open House $320,000 MLS # 192269 1 Bed 1 Bath 745 Sqft Status: Active Condominium 2650 Valley View Drive Unit 226 Flagstaff, AZ 86004 $465,000 MLS # 191389 2 Beds 2 Baths 1,387 Sqft Status: Active Townhome A July 14 article for the Arizona Daily Sun explored the issue through testimony from management of the country clubs homeowners association and other residents. 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. 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? 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 We are located on St Rte 44 just 2.5 miles east of Brownwood And its free! 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. 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.. 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. Continental Country Club - 78 Spaces is an apartment community located in San Diego County and the 91911 ZIP Code. 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 27470 Jefferson Ave. Pizza making Mamma mia, we love this one! More information on the voting process for residents of the neighborhood can be found at continentalflagstaff.com/the-voting-process-on-the-two-fees/. 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. Joining the Continental Country Club HOA is the easiest way to protect your property's value! 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. Why didnt the Board give us a warning that this was going to happen? 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. The court agreed, and a daily fee of $700 was placed on the HOA for not filling the lake. However, even if we cant use amenities, were still required to pay annual lot assessment fees even when unable to use amenities. 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. 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. https://continentalflagstaff.com/fee-schedule-to-support-the-reorganization-plan/. Instead it has chosen to walk away from its obligations through bankruptcy reorganization, creating a stigma impacting more than 2,500 Association members. The required work would require Engineers, Contractors, and time. Reach him at sgolightly@azdailysun.com, on Twitter at @sean_golightly, or on Instagram at @golightly_writes. At the time, it was an asset to the HOA. Payment $4,996 Price/Sq.Ft. 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. If you choose to deed restrict with CCC HOA, the Annual Dues for the current year will be waived! This one-acre park, opened in 2013, includes a playground with a swing set and a picnic table. Trees are falling in Flagstaff and have been compromised as a result of recent winter storms. I dont golf. 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. How does the Chapter 11 filing affect me as a Continental Country Club Member? To him, the results of this 2020 study were disturbing.. 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. Its those reasons why the Club went into Chapter 11 bankruptcy in February of 2021. 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. If the Assessment and dues increase fails, and the HOA converts to Chapter 7, will the Lake Elaine lawsuit continue? Even more, we do all the work of the Deed Restriction for you! One that was, you know, competent., Financial mismanagement reaches further back than the 2020 study, said resident John Nilsson. Below you can find information for the homeowners association including HOA fee includes, community features and amenities. Continental Country Club HOA is a community located in Chula Vista, CA (San Diego County). You have permission to edit this article. The trustee is appointed to liquidate and pay, not operate. The obligation to pay dues at least at their current level runs with the land. Our members will be voting to approve this fee which will be necessary for the reorganization plan to move forward. Continental Country Club. Selling the golf course is not legally a feasible option until we emerge from Chapter 11 bankruptcy. HOA Fee Includes The money for the signs was donated. Are you looking for a great 55+ retirement community? The Associations responsibility to maintain Lake Elaine has been well established for decades based on a 1990 court-ordered Judgment that the Coconino County Superior Court upheld in October of 2020 following nearly four years of litigation, including multiple attempts at mediation and a weeklong hearing. 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. What happens if 2 YES (APPROVE) for Special Assessment and Annual Dues Increase? It is not true that the Lakeside Homeowners want to bankrupt [Continental], the Legionnaire statement says. If we pay the $2.5M now, were done forever, other than ongoing maintenance of the small ponds, according to Judge Ballinger. . . 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. Why dont we just sell the golf course to eliminate the large expense of deferred and ongoing maintenance? Bliss said the HOA also has lots of deferred maintenance fees, while also having some of the lowest member fees in the state. Yes, there is nothing inherent in Chapter 7 that dissolves the HOA. 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.. 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. There are many unknowns associated with a conversion to Chapter 7. Subscribe to our Daily Headlines newsletter. The Board approved a two-tier membership now known as Associate and Full Membership to account for the difference in assessment levels. Log in, Continental Country Club HOA in Flagstaff, AZ, Forest Highlands Golf Club HOA in Flagstaff, AZ, Railroad Springs Townhomes HOA in Flagstaff, AZ. Our clubhouse is over 50 years old and the other amenities require maintenance and repair. 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. 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! . 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. 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 community is gated, includes 24/7 security and even allows pets. 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. 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. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. At Continental, you are more than a member; you are part of the family. However, a Chapter 7 panel trustee would be appointed and all decisions regarding the operations of the HOA will be made by the Trustee. Then starting in 2024, full members would owe an additional $97 for 2024, 2025 and 2026. 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. And it's free! We do not currently expect the LFOs to elect Option A. No true repairs have been made to the Lake since 1994. There are constant ongoing repairs and improvements required for these assets that must be addressed. The truth is that the Association has simply failed to perform any real repair or maintenance of the Lake for 27 years now. Voting to approve these additional funds ends July 28. The following is a statement from Lakeside Homeowners At Continental: Continental Country Clubs Financial Challenges Result From Failure to Plan and Confront Obligations. The special assessment can be paid over two years with eight (8) quarterly payments of $261 (which includes 5% interest). 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. 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 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. 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/. Back then, the increase had to be approved in each single-family subdivision. Now, it has turned to owners for funding. A filing for Bankruptcy can take many forms, including a Chapter 11 Reorganization. Sean Golightly reports on the environment and the city of Flagstaff. Here, golfers find a quiet and peaceful round of golf at what feels like a destination club. They say Lake Elaine can be fixed, and that Continental can afford it but is using bankruptcy to shirk legal obligations established in 1990, suggesting that the Lake Elaine issue is being used to distract from a bigger issue: decades of financial mismanagement. 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. Why did the Board decide to take this step now? Membership in Continental is a result of home ownership. One thing to remember, you will be required to pay additional Home Owner . We have the receipts. Schedule: No open play during the off-season (Nov-Apr). Learn More on our tournaments page. Situated below Mount Elden in Flagstaff, AZ, the 18-hole championship golf course at Continental Country Club was designed by Bob E. Baldock. It has asked residents to vote to approve a $2,000 special assessment payment and a 20% increase in annual dues to help the country club emerge from bankruptcy and turn Lake Elaine into something less costly.
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