Tract D (Lake Elaine) is currently owned by the Association. 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. How much are you paying for these signs Im seeing, and this PR firm? What is the difference between Chapter 11 Reorganization and Bankruptcy? The reorganization plan imposes an increase to our annual assessment that will be phased in over three years beginning in 2024. Joining the Continental Country Club HOA is the easiest way to protect your propertys value! The Lake Elaine lawsuit was based on a 1990 Amended Judgement and Settlement that was rejected by the bankruptcy court earlier this year. (link to message). Continental Country Club Who are the members of CCC? 219 4. However, the CC&Rs needed to be combined with the assessments at the amounts approved by each individual subdivision at that time. 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. Continental is responsible for those owners access to amenities and common area maintenance. 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. HOA Faces Bankruptcy Over Man-Made Lake | HOAM News - Hoa Management .com Fee: Continental Country Club HOA or Social Membership fee required. Held says the bankruptcy wont close the golf course or force any layoffs and daily operations will go on as normal. When will we know about the timing and amount of any assessments that will be needed? https://continentalflagstaff.com/fee-schedule-to-support-the-reorganization-plan/. A Flagstaff man is behind bars, charged with aggravated DUI and kidnapping. Bronson Creek feeds into a wetland on the east side of the park; a paved trail provides access to the wetland. Search And Rescue Crews Tended To An Injured Hiker On Mt. But, in the 1990s, disaster struck. We have compensated by charging usage fees and not giving golf discounts to those who do not pay the full amount. You can cancel at any time. $273 Buyer's Agent Commission 2.5% Street View Directions Ask Redfin Agent Cody a Question Cody Bauer Flagstaff Redfin Agent The required work would require Engineers, Contractors, and time. 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.
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