You have permission to edit this article. 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. Flagstaff, AZ 86004, Call Continental Country Club at (928) 526-5125, on our EZLinks tee times page in a new tab. Membership in Continental is a result of home ownership. When will we know about the timing and amount of any assessments that will be needed? 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. The filing for Chapter 11 reorganization stays those fines. But, in the 1990s, disaster struck. 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. 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. The CC&Rs govern 1,210 single family homes. Continental is responsible for those owners access to amenities and common area maintenance. Sign up for our newsletter to keep reading. What happens if we vote NO (DO NOT APPROVE) or dont meet the quorum requirement after two tries? 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. 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 Instead it has chosen to walk away from its obligations through bankruptcy reorganization, creating a stigma impacting more than 2,500 Association members. Sean Golightly reports on the environment and the city of Flagstaff. 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. One thing to remember, you will be required to pay additional Home Owner . *Country Club Homeowners: This amount is for quarterly dues only and is separate from mandatory social membership dues. With some of the lowest homeowner fees in the state less than $46 a month along with a golf course, driving range, clubhouse and other amenities the Association has the ability to generate greater revenues to pay for its obligations and update aging facilities. The fee had been set to begin at the start of February, but due to the bankruptcy, it has been put on hold. But the residents involved in the class action suit believe repairing the lake isn't nearly that expensive. The money for the signs was donated. Now, it has turned to owners for funding. If you choose to deed restrict with CCC HOA, the Annual Dues for the current year will be waived! Why am I paying for amenities I dont use? What are we voting on, what is the timeline/details? The Lakeside homeowners want Continental to thrive as a strong community and healthy Association. 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. The . Helly Hansen Active Winter sulejope UUS! Why didnt the Board give us a warning that this was going to happen? 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. Associate Members have the option to upgrade on an annual basis to full members, although full members do not have the option to become associate members. 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. We do support the vote for the additional funds for the homeowners association.. 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. The costs are too much of a burden for members on a fixed income? Please subscribe to keep reading. 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. 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. Residents are deciding whether or not to approve a raise in HOA fees and a one-time special assessment of $2,000. If the Assessment and dues increase fails, and the HOA converts to Chapter 7, will the Lake Elaine lawsuit continue? Subscribe to our Daily Headlines newsletter. If you choose to deed restrict with CCC HOA, the Annual Dues for the current year will be waived! This included an offer to complete a partial top-down repair to buy more time. Continental Country Club General Manager Talia Murray says if approved, the one-time assessment can be paid over two years by residents and HOA fees wouldnt go up until 2024 and increase over three years. She adds however, if the plan isnt approved, Chapter 11 could turn into Chapter Seven and assets within the club could be sold off to pay for the current debt. That could mean events like, the annual Easter Egg hunt, breakfast with Santa and Lights on the Lawn could be in jeopardy. Two yeses mean $2.5M goes to either Option 1 or 2 as determined by creditors. Main: (928) 526-5125Oakmont: (928) 526-7990Golf Shop: (928) 527-7997Bear Paw: (928) 522-1588, 2023 CONTINENTAL COUNTRY CLUB ALL RIGHTS RESERVED. The failure to plan by the association, the failure to reserve funds, have really put the association in a tough spot.. Once that happens, and at the approval of the homeowners, selling the golf course is something that can be discussed. . Dues increases and/or special assessment would have been necessary even if a professional management company was involved. There are constant ongoing repairs and improvements required for these assets that must be addressed. A Flagstaff man is behind bars, charged with aggravated DUI and kidnapping. 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! You can cancel at any time. Joining the Continental Country Club HOA is the easiest way to protect your propertys value! 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. Do all members of the HOA get to vote for the new HOA Dues and Special Assessment? There was a problem saving your notification. Bronson Creek feeds into a wetland on the east side of the park; a paved trail provides access to the wetland. As stated at the 2/12/21 meeting, the Board is taking ALL homeowners concerns regarding voting equality seriously and plans to include the townhomes and condos in all future votes, if legally possible. Continental Country Club is a neighborhood in Wildwood, Florida. This included signage, team captain materials and t-shirts. The issues we are dealing with today began 30 years ago and the current board wasnt a part of. Continental Country Club mostly features cozy homes that are very reasonably priced. 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. These properties have individual property management companies who handles their CC&R enforcement and day-to-day operation. What date did this filing for Chapter 11 Reorganization take effect? Continental Golf Course Is CLOSED for the Season! By 2026, the annual dues increase will be $189. 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. These homeowners - the "Class" - believe that the Association has options to address its financial challenges. He is a big sweetheart but a little too rough for my Pygmy Goats. If the plan is approved, Murray says there are two options that can be done with the land. Great Circle Media serves Flagstaff, Prescott, Sedona, and the surrounding areas with Northern Arizonas Best Radio Stations! There were several additions made in the 1970s. Court testimony confirmed what the Class already knew: The Lake holds water and can be fixed. We will keep our facilities open and our employees will be working to ensure business as usual. The work and fines until the lake was filled amounted to a lot of money that our Association does not have. The Continental Country Club in Flagstaff is bankrupt. {{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 area is served by the Sweetwater Union High attendance zone. 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. At Continental, you are more than a member; you are part of the family. 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/. The amount of a one-time special assessment and annual dues increases has been discussed earlier in this section as well as in several Things to Know messages. One that was, you know, competent., Financial mismanagement reaches further back than the 2020 study, said resident John Nilsson. 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.. Can I see a Reserve Study Summary of expenditures broken out by amenity? Our members will be voting to approve this fee which will be necessary for the reorganization plan to move forward. junio 12, 2022. jonah bobo 2005 . The funds usually have strict criteria for how they are to be used. 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. In November, the chain announced the first CFC would be built in Monroe, OH, near its home base of Cincinnati. At the time, it was an asset to the HOA. A future owner of your home may find golf or the other amenities appealing. There are condominiums, big and small, that you can purchase in the $180,000 - $300,000 price range. And it's free! The timing will depend on whether or not our members approve the two fees necessary to support the reorganization plan and the legal processes that will ultimately approve our reorganization plan. 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. For the good of our residents and those who enjoy our facilities, it was time to take action.. Zillow has 3 homes for sale in 34785 matching Continental Country Club. 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. If we pay the $2.5M now, were done forever, other than ongoing maintenance of the small ponds, according to Judge Ballinger. Will all country club members be allowed on the new redeveloped lake? Continental Country Club Who are the members of CCC? 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. Get up-to-the-minute news sent straight to your device. There are a lot of different options when it comes to housing in Continental Country Club. The fee had been set to begin at the start of February, . Staffed with talented and devoted professionals, Continental Country Club is among the area's best-rated public courses. 150 Saab tingida. 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? Get up-to-the-minute news sent straight to your device. Continental Country Club Powered by GolfNow.com Book a Tee Time Satellite Layout Tees Track Rounds Scorecard Course Details Year Built 1972 Golf Season Year round Architect Ron Garl (1972) Rentals/Services Carts Yes - included in green fees Clubs Yes Practice/Instruction Driving Range Yes Golf School Academy Yes - "Stephen Wresh Golf Academy" 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. I just see that as being poorly managed, Penoff said. 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 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. Each year, members may elect a new board or move to a professional management association. 27470 Jefferson Ave. Pizza making Mamma mia, we love this one! Thank you to everyone who came out and play, we are looking forward to some exciting changes in-store for next year. application fee details: $55 app fee online at our website bishoprealtygrp. Joining the Continental Country Club HOA is the easiest way to protect your property's value! Continental Country Club has 2,395 owners. Homeowners have a duty to pay their annual dues and this holds true even while in a Chapter 11 reorganization. In the mean time the proshop will still be open Tuesday- Saturday 9am-4pm. 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. 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. 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. The Ferraro Groups contract and the previous Cindy May Marketing contract are for the same amount. In a recent newsletter to Continental residents, General Manager Tahlia Murray confirmed that if unable to emerge from Chapter 11 Bankruptcy and forced to file Chapter 7 Bankruptcy, the Lake Elaine lawsuit would cease, as the HOA cannot be sued by Lake Elaine property owners or any other entity under Chapter 7. How much are you paying for these signs Im seeing, and this PR firm? Below you can find information for the homeowners association including HOA fee includes, community features and amenities. 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 court agreed, and a daily fee of $700 was placed on the HOA for not filling the lake. Is it possible to leave the HOA so we're not part of it? 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. Continental Country Club. That resulted in two levels. 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! There are no positives., Dissatisfied as the Legionnaires might be about the current state of Lake Elaine and Continentals proposed solutions, A successful vote is actually in everyones best interest, said Legionnaire and lakefront resident Tim Harrington in an email to the Arizona Daily Sun. What is the process required to divest the HOA of Lake Elaine? When were the clubhouse and clubhouse pool built? Come see us today! Our clubhouse is over 50 years old and the other amenities require maintenance and repair. 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. More information on the voting process for residents of the neighborhood can be found at continentalflagstaff.com/the-voting-process-on-the-two-fees/. They don't want to claim for damages. Lease Details & Fees Details Property Information 78 units/1 story Location 445 Orange Ave , Chula Vista , CA 91911 Get Directions This Property Available Property Now, the association is asking homeowners to vote to approve two items a one-time fee and an increase in annual dues. Still, Chapter 7 and the liquidation of assets that would follow are by no means in Continentals interests. 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. 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. On this point, the Legionnaires agree. This community dates back to 1975 and has continued to develop over the years. An automatic stay is a provision in the bankruptcy law that temporarily prevents creditors, collections agencies, government entities, and individuals from pursuing Continental for amounts owed. Flyer Link. They want the lake fixed, Bliss said. By the end of the year, they expected they could get that number to $125,000. 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. Why are there currently some members paying different assessment rates? Board Members for Continental Country Club Ro: Title Name Mailing Address Location; Dire . Is there a Special Assessment Payment Plan? Reach him at sgolightly@azdailysun.com, on Twitter at @sean_golightly, or on Instagram at @golightly_writes. 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. . $273 Buyer's Agent Commission 2.5% Street View Directions Ask Redfin Agent Cody a Question Cody Bauer Flagstaff Redfin Agent Wildwood, FL 34785. A big vote is underway at Continental Country Club in East Flagstaff. 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. That's not what any of our folks want. 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. Ensure continued use of our club amenities and environment. If APPROVED and Option A is selected, then the property will be deeded to the Lake Elaine owners. In 2006 Continental Country Club succeeded in unifying (11) different sets of CC&Rs for individual single-family subdivisions. The question is why. These dates are on the listed, 6/28: ballots on the two fees required to support the reorganization plan will be mailed to members, 7/30: Special Meeting of the members to vote and certify the count, 8/4: Initial Confirmation Hearing in the Bankruptcy Court. 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. Give Us A Call: 1-888-452-6595. Lake Elaine is not the reason for Continental Country Club's bankruptcy, it was only one of the straws to fall after years of what, in my opinion, is gross mismanagement.. If we had hired a professional HOA management team a few years ago, could we have avoided all this? CCC also had a balloon payment due in October, for $600,000. However, the CC&Rs needed to be combined with the assessments at the amounts approved by each individual subdivision at that time. 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%.