HOA Documents Articles of Incorporation CC&Rs Bylaws Membership Policies Court reservations required. A 1991 class action lawsuit ruling stated the lake must remain full. Flagstaff, Feb. 12, 2021 - Continental Country Club is a great place to live and provides many amenities for the broader community. At the time of the study, Continentals reserve balance was $54,291. Deeper into Lake Elaine: Residents contend lake is not to blame for As with any kind of public HOA restructuring, the CCC bankruptcy could create some market uncertainty on the impacted houses, however this kind of impact should be short-lived and was inevitable given CCCs financial condition and potential Lake Elaine liabilities that must be addressed under the courts recent preliminary ruling. As we now know, market conditions have been favorable for most of the real estate market, including our CCC properties. They don't want to claim for damages. Public Pickleball Courts in and around Flagstaff These homeowners - the "Class" - believe that the Association has options to address its financial challenges. Ensure continued use of our club amenities and environment. 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. Still, Chapter 7 and the liquidation of assets that would follow are by no means in Continentals interests. 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. 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 . Flyer Link. If you are looking for our main website, click here. The work and fines until the lake was filled amounted to a lot of money that our Association does not have. 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.. 4927 E Mount Pleasant Dr, Flagstaff, AZ 86004 - Redfin lbdoe.bluebeard.best Round Table Discussions will be held on every, We will also be having Town Hall Meetings for everyone who is interested in attending. 3. An HOA faces bankruptcy because of its man-made lake. View 17 homes in Continental Country Club listed under Lake, Marion, Sumter & West Orange Marina Golf Course Pet Friendly Waterfront 17 homes available Properties per Page A filing for Bankruptcy can take many forms, including a Chapter 11 Reorganization. Cont Country Club HOA Flagstaff, AZ - HOA Community Continental Country Club. Continental Country Club - Eileen Taggart - Brokered by Exp Realty The Continental Country Club in Flagstaff is bankrupt. If the plan is approved, Murray says there are two options that can be done with the land.
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