The Arrow Creek Homeowners Association (ACHOA) is close to finalizing their purchase plan and CC&R modifications pertaining to their proposed purchase of the ArrowCreek Golf Course (for reference, see previous post entitled “ArrowCreek Golf Course the Heat Continues”, dated September 28). Apparently the ACHOA is targeting to have both submitted for homeowner vote sometime in December. Needless to say this has fostered a lot of dialog, both pro and con, amongst the ArrowCreek homeowners in the past month. Since the ArrowCreek purchase plan has similarities to what happened here in Somersett, the ongoing dialog pertaining to golf course bankruptcy, environmental impact, property values, and homeowner assessment implications may also be of interest to our readers.
Read more here: ArrowCreek Golf Course – Crunch Time.
Of particular interest is the comment at the end – Somersett learning from ArrowCreek – and ArrowCreek411 had suggested so long ago (07/14/15) that ArrowCreek could have learned from what Somersett went through: Attention ArrowCreek Homeowners: Somersett Golf Course Financials……
ArrowCreek411 