Concerned Neighbors of ArrowCreek Discussions

1 Response to Concerned Neighbors of ArrowCreek Discussions

1. Wayne Krachun says:

   February 3, 2015 at 5:19 pm

   At least 2 board members and 1 lot owner have expressed that, “it’s in our best interests to own the golf course property”. This argument makes perfect sense if the assumption is that the golf club will remain unprofitable. And my belief is just that. So when our Board and its esteemed advisers come to their senses, I am open minded to acquiring the property, and determining what to do with it (owning a golf club is not an option)

   If, however, the club can become and sustain profits then it should not matter who owns the property. In southern Orange County, CA is a gated community called Coto de Caza. The 36 holes of golf, tennis facility, pools and clubhouse dining are owned and operated by Club Corp. I doubt there is one resident who is worried that the HOA doesn’t own the property.

   My point is the only reason to worry about ownership of ArrowCreek’s golf course property is if you believe it will never be profitable; BKs will continue; new owners will surface;the land will turn to weeds, etc; all of this negatively effecting our property values.

   So let’s initiate an honest discussion about the property. In the meantime, a group of investors own and operate the club. Wish them well in achieving profit. Let capitalism run its course.

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