Can we just abandon the property? 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! One thing to remember, you will be required to pay additional Home Owner . Continental Country Club HOA is a community located in Flagstaff, AZ (Coconino County). 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. There are a lot of different options when it comes to housing in Continental Country Club. . 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. 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. We have the receipts. Flagstaff City Championship Flyer Please subscribe to keep reading. Dues increases and/or special assessment would have been necessary even if a professional management company was involved. Flagstaff, Feb. 12, 2021 Continental Country Club is a great place to live and provides many amenities for the broader community. 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. Below you can find information for the homeowners association including HOA fee includes, community features and amenities. Bronson Creek feeds into a wetland on the east side of the park; a paved trail provides access to the wetland. 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. 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 Country Club home prices vary from luxury homes to more affordable homes that might be perfect for first-time buyers. Are our property assessments used for this? 27470 Jefferson Ave. Pizza making Mamma mia, we love this one! 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. 2380 N. Oakmont Drive, Flagstaff, AZ 86004 (928) 526-5125 www.continentalflagstaff.com . 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! 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. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. 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. The court ruled in October the man-made lake must be repaired and the association would be fined $700 a day until work started, then lowered to $500 a day until work was completed. (link to message). Continental Country Club mostly features cozy homes that are very reasonably priced. That resulted in two levels. A July 14 article for the Arizona Daily Sun explored the issue through testimony from management of the country. 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. Now, the HOA faces bankruptcy if it can't come up with $2.5 million. Contact ClubCorp for social membership dues questions: 623-742-6200 Download homeowners online payment guide. Zillow has 3 homes for sale in 34785 matching Continental Country Club. Please subscribe to keep reading. 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. Reserve your next round of golf with our quick and convenient online booking engine. The Board President of the Homeowners Association of Continental Country Club in Flagstaff, . Even more, we do all the work of the Deed Restriction for you! HOA Legal Name: CONTINENTAL COUNTRY CLUB, INC. Reserve funds are used for large projects such as replacements or repairs within the homeowners association. There is no definite date as to when the clubhouse pool was built; however, there is a 1979 photograph showing the pool and the two adjacent tennis courts. The Course is open to homeowners and timeshare owners residing within subdivisions of Continental Country Club's Homeowners Association. What about the special assessment or other fees? Membership in Continental is a result of home ownership. 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%. Panda Express is expanding to east Flagstaff. These homeowners - the "Class" - believe that the Association has options to address its financial challenges. Some of that is the result of limitations on the Associations revenues and on its ability to raise dues or impose special assessments. That's not true. Meeste parka Helly Hansen Continental XL UUS. 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. Example turn the golf course into single-family homes. Court testimony confirmed what the Class already knew: The Lake holds water and can be fixed. How much are you paying for these signs Im seeing, and this PR firm? You have permission to edit this article. Jon Held, the president of the associations board of directors, said the filing will not impact day-to-day operations of the country club, including the public golf course and the Oakmont Restaurant, and won't mean any layoffs. Flagstaff, AZ 86004, Call Continental Country Club at (928) 526-5125, on our EZLinks tee times page in a new tab. (renews at {{format_dollars}}{{start_price}}{{format_cents}}/month + tax). 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. Search And Rescue Crews Tended To An Injured Hiker On Mt. CCC also had a balloon payment due in October, for $600,000. Back then, the increase had to be approved in each single-family subdivision. This included signage, team captain materials and t-shirts. Were empathetic to those on fixed incomes, and offer payment plans to ease burdens. Elden Thursday, Jeronimo Vasquez Named District 2 Supervisor, 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. If the plan is approved, Murray says there are two options that can be done with the land. He recalled clear statements in meeting minutes from Continentals board of directors meeting that the reserves were significantly inadequate back in 2014., There was no follow-through, and the reserves are still woefully inadequate, Nilsson said. 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. 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! We have compensated by charging usage fees and not giving golf discounts to those who do not pay the full amount. Bliss said they believe that most of the leaks are in the upper portion of Lake Elaine and targeting repairs toward that section of the lake would go a long way in solving the problem. The Social Membership is ideal for those living in the area that desire a place to enjoy the company of family and friends and meet other members of their community. If we convert to Chapter 7, the HOA cannot be sued by Lake Elaine property owners or any other entity. Contrary to the Associations statements, a partial repair would cost nowhere near the millions of dollars suggested by the Association. Reorganization comes after decades of the Association kicking the can down the road. 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. What are we voting on, what is the timeline/details? 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.. We also have aging facilities that require upkeep with an insignificant amount of reserves. The filing for Chapter 11 reorganization stays those fines. Now, the association is asking homeowners to vote to approve two items a one-time fee and an increase in annual dues. 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? For the most part, most of our Members should not be affected by this petition. One that was, you know, competent., Financial mismanagement reaches further back than the 2020 study, said resident John Nilsson. The CC&Rs govern 1,210 single family homes. 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. Staffed with talented and devoted professionals, Continental Country Club is among the area's best-rated public courses. 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. HOA Legal Name: CONTINENTAL COUNTRY CLUB R.O., INC. But some lakefront residents on the other side of the legal battle have a different perspective. ", 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. He is a big sweetheart but a little too rough for my Pygmy Goats. Two yeses mean $2.5M goes to either Option 1 or 2 as determined by creditors. Great Circle Media serves Flagstaff, Prescott, Sedona, and the surrounding areas with Northern Arizonas Best Radio Stations! 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. Give Us A Call: 1-888-452-6595. Are you looking for a great 55+ retirement community? 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. 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! Tract D (Lake Elaine) is currently owned by the Association. 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.