The HOA fees in this community is about $265 to $320 a month, depending on location (golf course and waterfront lots are available) and includes lawn care and trash pick-up. If you choose to deed restrict with CCC HOA, the Annual Dues for the current year will be waived! A reserve study is not something to be taken lightly, said lakefront resident Dan Penoff, who has nearly 30 years of experience on homeowners association boards outside of Continental. But Bliss also took issue with the HOAs suggestion that the issue over Lake Elaine was the primary cause of the bankruptcy. 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. What happens if 2 YES (APPROVE) for Special Assessment and Annual Dues Increase? Here are the top City of Flagstaff stories from 2022. We also have aging facilities that require upkeep with an insignificant amount of reserves. Give Us A Call: 1-888-452-6595. Learn More on our tournaments page. The Continental Country Club in Flagstaff is bankrupt. . The Lake Elaine lawsuit was based on a 1990 Amended Judgement and Settlement that was rejected by the bankruptcy court earlier this year. 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%. COMMUNITY TYPE: RESIDENTIAL SFH COMMUNITY LEGAL NAME: CONTINENTAL COUNTRY CLUB R.O., INC. ALSO KNOWN AS: CONTINENTAL COUNTRY CLUB TYPE OF CORPORATION: DOMNP ORIGINAL CORPORATION FILING DATE: 05221989 COMMUNITY ID NUMBER: N32426 The criteria is based on the HOA community rules and regulations, bylaws and accountability. This filing allows Continental and its homeowners the chance for a fresh start so we can best address several issues, Held said. Continental Country Club - 78 Spaces is an apartment community located in San Diego County and the 91911 ZIP Code. 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. 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! A future owner of your home may find golf or the other amenities appealing. It bolstered the property values of homes located on the waterfront and was a gorgeous sight to see. 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. That would be within the discretion of the trustee. How does the Chapter 11 filing affect me as a Continental Country Club Member? 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. Unfortunately, this was the only possible conclusion, and once decided, needed to be acted upon quickly. The Class also estimates this temporary solution could be completed quickly in months, not years. 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. From AU$247 per night on Tripadvisor: Starlight Lodge at Rockport Harbor, Rockport. Great Circle Media serves Flagstaff, Prescott, Sedona, and the surrounding areas with Northern Arizonas Best Radio Stations! Even more, we do all the work of the Deed Restriction for you! The community is gated, includes 24/7 security and even allows pets. CCC also had a balloon payment due in October, for $600,000. By 2026, the annual dues increase will be $291. junio 12, 2022. jonah bobo 2005 . Homeowners have a duty to pay their annual dues and this holds true even while in a Chapter 11 reorganization. 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.. There are many unknowns associated with a conversion to Chapter 7. Please subscribe to keep reading. *Country Club Homeowners: This amount is for quarterly dues only and is separate from mandatory social membership dues. 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. Can I see a Reserve Study Summary of expenditures broken out by amenity? 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. 3mi Publix Quick Picks Delivery by 11:00am Walgreens Delivery by 3:35am Sam's Club Delivery by 11:00am ABC Fine Wine & Spirits Delivery by 2:00pm. The availability of these amenities, whether used or not, makes CCC a desirable neighborhood and increases property values. Flyer Link. 27470 Jefferson Ave. Pizza making Mamma mia, we love this one! But, in the 1990s, disaster struck. A 1991 class action lawsuit ruling stated the lake must remain full. Finally, CCCs boards have struggled to make ends meet for years, while trying to honor their pledge made in 2013 not to raise dues again for eight years. This included signage, team captain materials and t-shirts. You have permission to edit this article. 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. View Properties for Sale at Continental Country Club located in Wildwood, FL. Continental Country Club Resorts, Wildwood Real Estate & Homes for Sale 13 Homes Sort by Relevant Listings Brokered by Four Star Home Brokers, Inc. For Sale $180,000 2 bed 2 bath 1,056 sqft 6,711. 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. Trees are falling in Flagstaff and have been compromised as a result of recent winter storms. This area is served by the Sweetwater Union High attendance zone. Bliss said the HOA also has lots of deferred maintenance fees, while also having some of the lowest member fees in the state. If the plan is approved, Murray says there are two options that can be done with the land. These homeowners - the "Class" - believe that the Association has options to address its financial challenges. Most of it, though, is the result of the Associations failure to plan and its collective failure to confront issues and take proactive steps to address them. . Below you can find information for the homeowners association including HOA fee includes, community features and amenities. Continental Golf Course Is CLOSED for the Season! Continental Country Club mostly features cozy homes that are very reasonably priced. ", 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. Meeste parka Helly Hansen Continental XL UUS. That's not what any of our folks want. Main: (928) 526-5125Oakmont: (928) 526-7990Golf Shop: (928) 527-7997Bear Paw: (928) 522-1588, 2023 CONTINENTAL COUNTRY CLUB ALL RIGHTS RESERVED, Violation Enforcement Policy and Fine Schedule. Back then, the increase had to be approved in each single-family subdivision. The benefits are endless and your experiences will last a lifetime. There is a one-time special assessment of $2,000. 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. Multi-Unit Information Community Amenities: Clubhouse, Golf, Pool/Spa, Tennis Court Parking Information Garage Type: Garage Door Opener Garage Type: Garage Capacity: 7.00 Homeowners Association Information HOA Fees: 550.00 HOA Frequency: Yearly HOA Name: Continental Country Club HOA Contact #: 928.526.5125 application fee details: $55 app fee online at our website bishoprealtygrp. At Continental, you are more than a member; you are part of the family. Is it possible to leave the HOA so we're not part of it? The restrictions contained in a declaration are covenants that run with the land and cannot be terminated by the owner. Staffed with talented and devoted professionals, Continental Country Club is among the area's best-rated public courses. Here, golfers find a quiet and peaceful round of golf at what feels like a destination club. The CC&Rs govern 1,210 single family homes. Home to one of the best-rated public golf courses in Flagstaff, AZ. Still, Chapter 7 and the liquidation of assets that would follow are by no means in Continentals interests. 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. 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. Example turn the golf course into single-family homes. In a Chapter 7 does the HOA remain in place? The property cannot be abandoned. There are constant ongoing repairs and improvements required for these assets that must be addressed. At the time, it was an asset to the HOA. The Wyndham Timeshares (125 units) are Full Members of Continental just like all other owners. All Single-Family homes governed by the CC&Rs are obligated to pay an annual lot assessment. Bronson Creek feeds into a wetland on the east side of the park; a paved trail provides access to the wetland. Full members will pay $550 annually, Associate members will pay $365 annually, Likely negative impact on property values, $15 Million Lake Elaine dispute unresolved, unknown outcome of the Lake land. Continental owns and maintains the Walnut Canyon Lakes, and the Associations own experts have testified that Lake Elaine can be repaired. Two yeses mean $2.5M goes to either Option 1 or 2 as determined by creditors. Ensure continued use of our club amenities and environment. {{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. There were several additions made in the 1970s. Helly Hansen Active Winter sulejope UUS! Are the fines associated with the October 2020 preliminary ruling being assessed currently? Sean Golightly reports on the environment and the city of Flagstaff. 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. 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. 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. 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. The Continental CC course can host up to 144 golfers at a time with a shot gun start. The issues we are dealing with today began 30 years ago and the current board wasnt a part of. One thing to remember, you will be required to pay additional Home Owner . 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. More information on the voting process for residents of the neighborhood can be found at continentalflagstaff.com/the-voting-process-on-the-two-fees/. This discount allows members & guests to enjoy the lowest rates offered on our rack card. 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. Reach him at sgolightly@azdailysun.com, on Twitter at @sean_golightly, or on Instagram at @golightly_writes. How do timeshares fit into the funding picture? Continental Country Club HOA is a community located in Flagstaff, AZ (Coconino County). If we pay the $2.5M now, were done forever, other than ongoing maintenance of the small ponds, according to Judge Ballinger. Subscribe to our Daily Headlines newsletter. How do timeshares fit into the funding picture? What happens if we vote NO (DO NOT APPROVE) or dont meet the quorum requirement after two tries? 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. Beyond the potential Lake Elaine obligations, we have a 50-year-old building, and numerous amenities. 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. Panda Express is expanding to east Flagstaff. The Continental Country Club course is filled with par 3s and par 5s, offers beautiful mountain views and a friendly, neighborhood environment. 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. 2380 N Oakmont Dr Now, the HOA faces bankruptcy if it can't come up with $2.5 million. 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. 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. The following is a statement from Lakeside Homeowners At Continental: Continental Country Clubs Financial Challenges Result From Failure to Plan and Confront Obligations. If I havent yet paid my annual dues, will they still have to be paid? It has not been a normal winter in Flagstaff. 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. Situated below Mount Elden in Flagstaff, AZ, the 18-hole championship golf course at Continental Country Club was designed by Bob E. Baldock. 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 The question is why. So long as CCC owns the property, at a minimum, it will remain liable for public safety/nuisance issues and dam maintenance obligations with the State of Arizona. 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. 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? The reason for the increases are due to ongoing financial concerns involving Lake Elaine, a $600-thousand balloon payment due regarding irrigation of the golf course and ongoing deferred maintenance to some of the amenities. Is there a Special Assessment Payment Plan? Reserve your next round of golf with our quick and convenient online booking engine. And it's free! The January newsletter provided to homeowners did reference that bankruptcy was an option that was being considered. {{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. 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. That fee would drop to $500 if the HOA begins refilling the lake and continue until it is full. 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. Sign up for our newsletter to keep reading. We certainly are going to be involved in the bankruptcy proceeding and continue to assert our class action rights to have the lake maintained and repaired.. A July 14 article for the Arizona Daily Sun explored the issue through testimony from management of the country. . However, a Chapter 7 panel trustee would be appointed and all decisions regarding the operations of the HOA will be made by the Trustee. continental country club hoa fees. Once that happens, and at the approval of the homeowners, selling the golf course is something that can be discussed.