The CC&Rs govern 1,210 single family homes. https://continentalflagstaff.com/what-if-our-members-dont-approve/. If APPROVED and Option A is selected, then the property will be deeded to the Lake Elaine owners. Welcome to Anthem Community Council 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. 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 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%. These homeowners - the "Class" - believe that the Association has options to address its financial challenges. Continental Country Club HOA is a community located in Flagstaff, AZ (Coconino County). There were several additions made in the 1970s. Reach him at sgolightly@azdailysun.com, on Twitter at @sean_golightly, or on Instagram at @golightly_writes. 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. It bolstered the property values of homes located on the waterfront and was a gorgeous sight to see. Our main desire is for members and guests, alike, to have a memorable golfing experience. 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. There are condominiums, big and small, that you can purchase in the $180,000 - $300,000 price range. Membership - Continental Country Club 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! Trees are falling in Flagstaff and have been compromised as a result of recent winter storms. The obligation to pay dues at least at their current level runs with the land. Please notify the Association in writing prior to the special assessment due date if interested in the payment plan, The timing for implementing the reorganization plan depends on the association receiving the funds when they are due, thus the 5% interest charge. A big vote is underway at Continental Country Club in East Flagstaff. Schedule: No open play during the off-season (Nov-Apr). In 2006 Continental Country Club succeeded in unifying (11) different sets of CC&Rs for individual single-family subdivisions. Court reservations required. Residents are deciding whether or not to approve a raise in HOA fees and a one-time special assessment of $2,000. 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. Contact ClubCorp for social membership dues questions: 623-742-6200 Download homeowners online payment guide. Here, golfers find a quiet and peaceful round of golf at what feels like a destination club. 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. 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. The fee had been set to begin at the start of February, . Sean Golightly reports on the environment and the city of Flagstaff. If it is to be divested, it must be accepted by a third party. . 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. The Continental Country Club course is filled with par 3s and par 5s, offers beautiful mountain views and a friendly, neighborhood environment. If Option A is selected from the Amended Disclosure (not expected) then the property will be deeded to the Lake Elaine Owners and become, If Option B is selected, the redesign trails and ponds will be the responsibility of the Association and. This included signage, team captain materials and t-shirts. There are constant ongoing repairs and improvements required for these assets that must be addressed. 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. 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. Fee: Continental Country Club HOA or Social Membership fee required. This one-acre park, opened in 2013, includes a playground with a swing set and a picnic table. Beyond the potential Lake Elaine obligations, we have a 50-year-old building, and numerous amenities. 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. What date did this filing for Chapter 11 Reorganization take effect? Lease Details & Fees Details Property Information 78 units/1 story Location 445 Orange Ave , Chula Vista , CA 91911 Get Directions This Property Available Property Hobby Shop Temecula - kbstricks.it 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. Will there be a special assessment to help cover some of the debts? Why are there currently some members paying different assessment rates? We do support the vote for the additional funds for the homeowners association.. 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. Here, golfers find a quiet and peaceful round of golf at what feels like a destination club. The Continental Country Club in Flagstaff is bankrupt. The trustee is appointed to liquidate and pay, not operate. $273 Buyer's Agent Commission 2.5% Street View Directions Ask Redfin Agent Cody a Question Cody Bauer Flagstaff Redfin Agent There are approximately 1,360 single-family homes (in addition to 1,030 townhouses, condos, and timeshares) within the Continental Country Club Homeowners Association. When were the clubhouse and clubhouse pool built? If we convert to Chapter 7, the HOA cannot be sued by Lake Elaine property owners or any other entity. Round Table Discussions will be held on every, We will also be having Town Hall Meetings for everyone who is interested in attending. If we had hired a professional HOA management team a few years ago, could we have avoided all this? Sign up for our newsletter to keep reading. HOA Legal Name: CONTINENTAL COUNTRY CLUB, INC. Reserve funds are used for large projects such as replacements or repairs within the homeowners association. 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. Chapter 11 Reorganization | FAQ | Communication with Members | Court Motions & Hearings | Media Announcements. The Continental Country Club constructed Lake Elaine back in the 1970s. The costs are too much of a burden for members on a fixed income? 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. Continental Country Club - 34785 Real Estate - 3 Homes For Sale - Zillow 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. These homeowners are known as Associate members. Quick Facts Getting Around Continental Country Club Continental Country Club Learn more about this neighborhood. Mo. By 2026, the annual dues increase will be $189. 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.

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