This information is on the Associa ArrowCreek Webpage.
Mechanics: (because some of the homeowners have been frustrated) — You MUST have a login and password to access the detailed information. You can access limited data without a login but then if you try to dig deeper, the detailed page will say Access Denied or Error or whatever.
If you do not login, only certain information that is available to the public can be viewed.
HOW TO LOG ON (From the Associa Website):
Owners create their personal password to login using their account number. The account number is located on your payment coupon and your Welcome Letter — OR you can contact Associa Sierra North and they will tell you your account number. Once you create a login, remember to save the website as your favorite for easy access. (FYI, QuickPass is a separate website with its own login, different from the HOA. For assistance with QuickPass contact Security).
Click this link AFTER LOGGING IN for updates on the ACCC (ArrowCreek Community Club), which are found on the Services and Amenities page.
To view the updates please click the link here: Services & Amenities Page
If you would like more information or have questions or comments regarding the ACCC information, you contact the ArrowCreek HOA by email at firstname.lastname@example.org .
How investors are betting on golf’s decline
More and more market participants have been banking on the decline in the popularity of golf, according to new research, with stocks that have exposure to the sport seeing an increase in short interest in recent weeks.
Long read but pretty insightful.
Abstract: There is a trend sweeping the private club industry in Florida, mandating that all
homeowner association members pay initiation fees and dues to the private country club in their housing development. So-called “mandatory membership fees” are an attempt to
eliminate, or at least reduce, a free-rider problem concerning the financial health of ailing private country clubs. This paper argues that the implementation of mandatory memberships creates a moral hazard problem. Because of mandatory memberships, homeowners now have little to no protection from the board of directors and staff of the country club that might be interested in empire building or promoting salary and benefits increases while forcing homeowners in the housing development to pay the tab. Finally, the authors offer an explanation of how this mandatory membership moral hazard may actually lead to decreases in property values and rent transfers among the participants.
Keywords: agency theory, common interest community, mandatory membership, moral
Wall Street Journal article:
A Game of Golf? Not for Many Millennials
A drop in participation rates and disinterest among young people, particularly millennials, have sent golf’s retail…
ONLINE.WSJ.COM|BY SARA GERMANO
If the Wall Street Journal won’t let you see the article, try this version:
Another interesting article:
Golf Market Stuck in Bunker as Thousands Leave the Sport