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. The fee had been set to begin at the start of February, . He said the HOA has several other significant expenses and issues that have prevented it from properly facing those issues. They don't want to claim for damages. Email notifications are only sent once a day, and only if there are new matching items. The Course is open to homeowners and timeshare owners residing within subdivisions of Continental Country Club's Homeowners Association. Yes, there is nothing inherent in Chapter 7 that dissolves the HOA. And its free! The reorganization plan imposes an increase to our annual assessment that will be phased in over three years beginning in 2024. 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 Continental Country Club has 2,395 owners. Now, it has turned to owners for funding. 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The funds usually have strict criteria for how they are to be used. Sean Golightly reports on the environment and the city of Flagstaff. Continental Country Club. The property cannot be abandoned. Fee: Continental Country Club HOA or Social Membership fee required. Even more, we do all the work of the Deed Restriction for you! 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! Continental Country Club HOA is a community located in Chula Vista, CA (San Diego County). Below you can find information for the homeowners association including HOA fee includes, community features and amenities. We are located on St Rte 44 just 2.5 miles east of Brownwood Quick Facts Getting Around Continental Country Club Continental Country Club Learn more about this neighborhood. 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. Quite honestly, I can't imagine a professional management company letting this happen. 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. 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? Here, golfers find a quiet and peaceful round of golf at what feels like a destination club. Two yeses mean $2.5M goes to either Option 1 or 2 as determined by creditors. 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. Tract D (Lake Elaine) is currently owned by the Association. These properties have individual property management companies who handles their CC&R enforcement and day-to-day operation. A Flagstaff man is behind bars, charged with aggravated DUI and kidnapping. On this point, the Legionnaires agree. The CC&Rs govern 1,210 single family homes. 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. 3. 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. The obligation to pay dues at least at their current level runs with the land. Homeowners have a duty to pay their annual dues and this holds true even while in a Chapter 11 reorganization. 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. Copyright 2023 Continental Country Club FL All Rights Reserved. Situated below Mount Elden in Flagstaff, AZ, the 18-hole championship golf course at Continental Country Club was designed by Bob E. Baldock. To him, the results of this 2020 study were disturbing.. If we pay the $2.5M now, were done forever, other than ongoing maintenance of the small ponds, according to Judge Ballinger. She says, option one is deeding the property over to the Lake Elaine Homeowners and giving a lump sum payout of $2.5-million for them to be able to do an improvement on the lake as to what they would like, or option two is taking the $2.5-million and us creating a new amenity, which has four-to-five ponds, walking trails and benches which is open to all of the homeowners. Absentee ballots are due at the clubhouse by Thursday at 5 p.m., or residents can vote in person Saturday morning at 9 a.m. at Sinagua Middle School, where the vote count will take place. When were the clubhouse and clubhouse pool built? 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! In the mean time the proshop will still be open Tuesday- Saturday 9am-4pm. 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 Trustee is charged with maximizing distributions to creditors. In a statement to the Arizona Daily Sun, Continental attorney Scott Cohen said, While Continental certainly has obligations other than the Lakefront Group, such as addressing its appropriate capital reserves to ensure proper maintenance of its amenities and common areas, this was not the primary cause for the bankruptcy filing.. Is it possible to leave the HOA so we're not part of it? Schedule: No open play during the off-season (Nov-Apr). The question is why. The filing for Chapter 11 reorganization stays those fines. Do all members of the HOA get to vote for the new HOA Dues and Special Assessment? Held says the bankruptcy wont close the golf course or force any layoffs and daily operations will go on as normal. 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. Is it possible to leave the HOA so we're not part of it? 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.. There was a problem saving your notification. HOA Legal Name: CONTINENTAL COUNTRY CLUB, INC. Reserve funds are used for large projects such as replacements or repairs within the homeowners association. The community is gated, includes 24/7 security and even allows pets. The Kroger Co. The Lakeside Homeowners would lose as much as any other owner would if the bankruptcy ended in a liquidation.. 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. Held says the work would take time and millions of dollars. https://continentalflagstaff.com/what-if-our-members-dont-approve/. Contrary to the Associations statements, a partial repair would cost nowhere near the millions of dollars suggested by the Association. However, even if we cant use amenities, were still required to pay annual lot assessment fees even when unable to use amenities. Log in, Continental Country Club HOA in Flagstaff, AZ, Forest Highlands Golf Club HOA in Flagstaff, AZ, Railroad Springs Townhomes HOA in Flagstaff, AZ. 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. The question is why. Why didnt the Board give us a warning that this was going to happen? Background: How did we get in this situation regarding Lake Elaine and the Bankruptcy? Continental Country Clubs HOA files for Chapter 11 bankruptcy. 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. I just see that as being poorly managed, Penoff said. 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. Starting in 2024, associate members would owe an additional $63 for 2024, 2025, and 2026. 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! 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. 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. Please subscribe to keep reading. The reorganization plan imposes a one-time special assessment of $2,000. 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. 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. If we had hired a professional HOA management team a few years ago, could we have avoided all this? 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. But some lakefront residents on the other side of the legal battle have a different perspective. Now, the association is asking homeowners to vote to approve two items a one-time fee and an increase in annual dues.