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. Continental Golf Course Is CLOSED for the Season! (renews at {{format_dollars}}{{start_price}}{{format_cents}}/month + tax). {{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 benefits are endless and your experiences will last a lifetime. . The Board approved a two-tier membership now known as Associate and Full Membership to account for the difference in assessment levels. Even more, we do all the work of the Deed Restriction for you! 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. Lease Details & Fees Details Property Information 78 units/1 story Location 445 Orange Ave , Chula Vista , CA 91911 Get Directions This Property Available Property A filing for Bankruptcy can take many forms, including a Chapter 11 Reorganization. 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. Homeowners have a duty to pay their annual dues and this holds true even while in a Chapter 11 reorganization. Flagstaff, AZ 86004, Call Continental Country Club at (928) 526-5125, on our EZLinks tee times page in a new tab. The filing for Chapter 11 reorganization stays those fines. Here are the top City of Flagstaff stories from 2022. (renews at {{format_dollars}}{{start_price}}{{format_cents}}/month + tax). Option #1 would be to deed the land to the 52 lakefront owners and pay them $2.5 million to repair and maintain the lake in perpetuity. Helly Hansen Active Winter sulejope UUS! 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. More information on the voting process for residents of the neighborhood can be found at continentalflagstaff.com/the-voting-process-on-the-two-fees/. There are condominiums, big and small, that you can purchase in the $180,000 - $300,000 price range. The Course is open to homeowners and timeshare owners residing within subdivisions of Continental Country Club's Homeowners Association. 150 Saab tingida. It is not true that the Lakeside Homeowners want to bankrupt [Continental], the Legionnaire statement says. 219 4. 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. *Country Club Homeowners: This amount is for quarterly dues only and is separate from mandatory social membership dues. The Continental CC course can host up to 144 golfers at a time with a shot gun start. It is difficult to predict how the trustee will act, but generally speaking trustees wind up operations quickly after appointment and liquidate assets as fast as possible. Will there be a special assessment to help cover some of the debts? For the good of our residents and those who enjoy our facilities, it was time to take action.. 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. Sean Golightly reports on the environment and the city of Flagstaff. 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! 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. Each year, members may elect a new board or move to a professional management association. Instead it has chosen to walk away from its obligations through bankruptcy reorganization, creating a stigma impacting more than 2,500 Association members. 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. You can cancel at any time. Email notifications are only sent once a day, and only if there are new matching items. 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. What happens if we vote NO (DO NOT APPROVE) or dont meet the quorum requirement after two tries? 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 . 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. 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. Will there be an increase to my annual assessment? Example turn the golf course into single-family homes. 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. 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.. In a Chapter 7 does the HOA remain in place? That resulted in two levels. At the time of the study, Continentals reserve balance was $54,291. At the time, it was an asset to the HOA. The Lake Elaine lawsuit was based on a 1990 Amended Judgement and Settlement that was rejected by the bankruptcy court earlier this year. Continental Country Clubs HOA files for Chapter 11 bankruptcy. Here, golfers find a quiet and peaceful round of golf at what feels like a destination club. Who owns the property Lake Elaine is on and who is responsible for its redevelopment and construction? 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. Buying a new home in the Continental area? Continental Country Club mostly features cozy homes that are very reasonably priced. If you choose to deed restrict with CCC HOA, the Annual Dues for the current year will be waived! But Bliss also took issue with the HOAs suggestion that the issue over Lake Elaine was the primary cause of the bankruptcy. 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. Is there a way that the CC&Rs can be amended to give the townhome and condos the same voting rights as the single-family homeowners? With huge increases in minimum wage, increasing expenses related to repairing, replacing and maintaining facilities, and rising water costs, along with the contempt action, sanctions, and order, and after exploring all other options, there was no other possible decision. Will all country club members be allowed on the new redeveloped lake? Were voting for a smaller cost now ($2,000 to cover the $2.5M), to protect ourselves from possible larger costs later, unending litigation and the $15 million claim of the LFOs that could not be addressed any other way outside of bankruptcy, to protect our amenities and eradicate Lake Elaine issues. Trees are falling in Flagstaff and have been compromised as a result of recent winter storms. 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. Held says the work would take time and millions of dollars. 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! When were the clubhouse and clubhouse pool built? The question is why. HOA Legal Name: CONTINENTAL COUNTRY CLUB R.O., INC. A 2019 report from engineering firm Terracon evaluated that the lower lake elevation would have relative stability. The same report concluded, however, that any plan should include the eventual replacement of the liner below this elevation., Outlined in their amended disclosure statement, Continental has included a small lake option in its plan to emerge from bankruptcy, but with one caveat: the club no longer want to be responsible for maintaining the lake. If I havent yet paid my annual dues, will they still have to be paid? Flagstaff City Championship Flyer 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.. First used to store water for the golf course, Lake Elaine is now only aesthetic, but has been leaking water for decades. Contact ClubCorp for social membership dues questions: 623-742-6200 Download homeowners online payment guide. We have the receipts. HOA Fee Includes They are down to earth, fun-loving people that enjoy spending time together laughing over great food and refreshing drinks. 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. Why didnt the Board give us a warning that this was going to happen? $273 Buyer's Agent Commission 2.5% Street View Directions Ask Redfin Agent Cody a Question Cody Bauer Flagstaff Redfin Agent Deeper into Lake Elaine: Residents contend lake is not to blame for country clubs bankruptcy. 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. HOA Documents Articles of Incorporation CC&Rs Bylaws Membership Policies Reach him at sgolightly@azdailysun.com, on Twitter at @sean_golightly, or on Instagram at @golightly_writes. In 1988, a group of lakeside homeowners filed a class action lawsuit against the HOA that mandated that the HOA should keep the lake full, but so far, no significant repairs to stop seepage have moved forward. By the end of the year, they expected they could get that number to $125,000. . 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. 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 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. If you are looking for our main website, click here. 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. CCC also had a balloon payment due in October, for $600,000. Search And Rescue Crews Tended To An Injured Hiker On Mt. The trustee is appointed to liquidate and pay, not operate. 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. Mo. That fee would drop to $500 if the HOA begins refilling the lake, and continue until it is full. Email notifications are only sent once a day, and only if there are new matching items. What is the source of funds that are being used to pay for all the signage and banners to support the special assessment? 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. A Flagstaff man is behind bars, charged with aggravated DUI and kidnapping. If it is to be divested, it must be accepted by a third party. The . The fee had been set to begin at the start of February, . The Continental Country Club constructed Lake Elaine back in the 1970s. Get Adobe Acrobat Reader free to view these files. But some lakefront residents on the other side of the legal battle have a different perspective. Pennsylvania (/ p n s l v e n i / (); Pennsylvania German: Pennsilfaani), officially the Commonwealth of Pennsylvania, is a state spanning the Mid-Atlantic, Northeastern, Appalachian, and Great Lakes regions of the United States.It borders Delaware to its southeast, Maryland to its south, West Virginia to its southwest, Ohio to its west, Lake Erie and the Canadian province of . A future owner of your home may find golf or the other amenities appealing. However, the CC&Rs needed to be combined with the assessments at the amounts approved by each individual subdivision at that time. 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. Meeste parka Helly Hansen Continental XL UUS. 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. 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. If the Assessment and dues increase fails, and the HOA converts to Chapter 7, will the Lake Elaine lawsuit continue? There are many types of townhomes available from $300,000 - $500,000. The Board President of the Homeowners Association of Continental Country Club in Flagstaff, . The court agreed, and a daily fee of $700 was placed on the HOA for not filling the lake. 3. The lake level has been falling because water is seeping out despite previous attempts to seal the lake bottom. Our members will be voting to approve this fee which will be necessary for the reorganization plan to move forward. Subscribe to our Daily Headlines newsletter. But for Continental to do any of this, theyll need money, and they dont deny that they need money for more than just Lake Elaine. There is a one-time special assessment of $2,000. Our members will be voting to approve this fee which will be necessary for the reorganization plan to move forward. Becoming a member at Continental Country Club is an investment in yourself, your family and your future. If you choose to deed restrict with CCC HOA, the Annual Dues for the current year will be waived! In 2006 Continental Country Club succeeded in unifying (11) different sets of CC&Rs for individual single-family subdivisions. Now, the association is asking homeowners to vote to approve two items a one-time fee and an increase in annual dues. The community is gated, includes 24/7 security and even allows pets. Please subscribe to keep reading. At the beginning of the Chapter 11 process, we explained that values may be negatively affected. 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. 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. For HOA info, property manager and board member contact, HOA fees, maintenance requests, estoppel, complaints, HOA rules & regulations, documents, amenities, real estate purchase/sales, wind mitigation requests, and architectural/landscape committee. Thank you to everyone who came out and play, we are looking forward to some exciting changes in-store for next year. 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. If APPROVED and Option A is selected, then the property will be deeded to the Lake Elaine owners. This would include 4-5 ponds, walking trails, benches, limited parking and would be open to, With either option, and assuming successful confirmation of our reorganization plan by the bankruptcy court, we have no ongoing legal obligation to continue any litigation from lakefront homeowners. This one-acre park, opened in 2013, includes a playground with a swing set and a picnic table. The work and fines until the lake was filled amounted to a lot of money that our Association does not have. This option would release the Association from, Option #2 would be to spend that $2.5 million and create the new amenity. The required work would require Engineers, Contractors, and time. They want the lake fixed, Bliss said. Home to one of the best-rated public golf courses in Flagstaff, AZ. These homeowners - the "Class" - believe that the Association has options to address its financial challenges. Court reservations required. The Continental Country Club constructed Lake Elaine back in the 1970s. In their amended disclosure statement, the Legionnaires claim the trouble with Lake Elaine is not that its impossible to maintain, but that the Association [Continental] has simply failed to perform any real repair or maintenance of the Lake for nearly 30 years. They say their perspective was upheld in 2020 by the courts, noting that [Continental] argued then, and argues now, that it does not have enough money to fund Lake Elaine repair, but that did not persuade the Coconino Superior Court, which concluded that the Association knew it had a responsibility to maintain the lake but failed to do so. They pay the full membership dues and receive the same benefits. Contrary to the Associations statements, a partial repair would cost nowhere near the millions of dollars suggested by the Association. Ensure continued use of our club amenities and environment. Quick Facts Getting Around Continental Country Club Continental Country Club Learn more about this neighborhood. Even more, we do all the work of the Deed Restriction for you! 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. 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. Situated below Mount Elden in Flagstaff, AZ, the 18-hole championship golf course at Continental Country Club was designed by Bob E. Baldock. Beyond the potential Lake Elaine obligations, we have a 50-year-old building, and numerous amenities. To him, the results of this 2020 study were disturbing.. If we convert to Chapter 7, the HOA cannot be sued by Lake Elaine property owners or any other entity. Is there a Special Assessment Payment Plan? The truth is that the Association has simply failed to perform any real repair or maintenance of the Lake for 27 years now. Payment $4,996 Price/Sq.Ft. In the mean time the proshop will still be open Tuesday- Saturday 9am-4pm. All owners of lots subject to the declaration are required to be members of Continental Country Club, Inc., per the recorded declaration.