Category Archives: Golf Course Purchase

Redevelopment of D’Andrea Golf Course in Sparks is Moving Forward

From News 4 & Fox 11 SPARKS, Nev. — The group that’s in the process of buying the former D’Andrea Golf Course says its development plans, which include a nine-hole course, can move forward. D’Andrea Rising, a private group, said … Continue reading

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Vote To Proceed With Golf Land Purchase Has Been Terminated

From the Associa ACHOA Community Announcements Based on a unanimous consent of the ACHOA board to move forward on terminating the Letter of Intent (LOI) with FOA (Friends of ArrowCreek), an “Abandonment of Letter of Intent” was agreed to, and … Continue reading

Posted in ACHOA, ACHOA BOD, ArrowCreek, ArrowCreek 411, ArrowCreek HOA, ArrowCreek411, Associa, Golf at ArrowCreek, Golf Course Purchase | Tagged , , , , , , , | 1 Comment

Letter to the ArrowCreek HOA BOD President Not Answered

By Wayne Krachun Folks, You’ve probably received the current December issue of our ArrowCreek Newsletter. I’ve got several problems with Mr. Fox’s President’s Message. It reads like everything is under control; it most decidedly is not. He writes “the Board … Continue reading

Posted in ACHOA, ACHOA BOD, ArrowCreek, ArrowCreek 411, ArrowCreek HOA, ArrowCreek411, Golf, Golf at ArrowCreek, Golf Course Purchase, Golf Industry, HOA, HOA BOD, HOA BOD Ballots, Land Acquisition | Tagged , , , , , , , , , , , | 2 Comments

This is the Deal: Please Vote!

Let’s put the newly disclosed information from Reblog: What CNA and BFA Forgot regarding the purchase price into a more graphic/visual perspective: This is the deal that the team of Sam Fox (board president), Paul Burkett (board candidate), Norm Reeder, … Continue reading

Posted in ArrowCreek, ArrowCreek 411, ArrowCreek411, FOA, Friends of ArrowCreek, Golf at ArrowCreek, Golf Course Purchase, Golf Purchase | Tagged , , , , , , , , , , | 13 Comments

Validation of Facts

By Ellie (original message here) Gretchen, thank you for validating the points made by many on this website. You said it yourself: the club lost more money than it gained when it was open to the entire golfing population in … Continue reading

Posted in ACHOA, ArrowCreek, ArrowCreek 411, ArrowCreek HOA, ArrowCreek Survey, ArrowCreek411, Demographics, FOA, Friends of ArrowCreek, Golf at ArrowCreek, Golf Course Closure, Golf Course Foreclosure, Golf Course Purchase, Golf Developments, HOA, HOA BOD, Home Values, Homeowner Questions, Land Re-Use, UNR | Tagged , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

The Crux of the Matter

By Ellie (original comment here) Alex hit the nail on the head in his recent posts: the crux of the matter is that we homeowners do not know what the golf courses are worth as we only have had biased … Continue reading

Posted in AC Golf Property Tax Burden, ACCC, ACHOA, ACHOA BOD, ACT, ArrowCreek, ArrowCreek 411, ArrowCreek HOA, ArrowCreek411, FOA, Friends of ArrowCreek, Golf, Golf at ArrowCreek, Golf Course Closure, Golf Course Purchase, Golf Purchase, Green vs Brown, HOA, HOA BOD, Home Values, Letter o Intent, LOI, Negotiating with Yourself, Opportunity to Invest, The Club at ArrowCreek, The Homeowner | Tagged , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Is $3,300,000 a Fair Sales Price?

By Rick R. Hsu FOA wants homeowners to buy the land, minus its most valuable parcel, for $3,300,00. FOA paid cash and assumed debt of all golf course assets for $1,972,398 (Source: In re: Aspen Sierra Leasing Co., U.S. Bankruptcy … Continue reading

Posted in ArrowCreek, ArrowCreek 411, ArrowCreek411, FOA, Friends of ArrowCreek, Golf at ArrowCreek, Golf Course Purchase, Golf Purchase | Tagged , , , , , , , , , | 2 Comments

The ACHOA Board and Committees: Who is controlling your destiny?

By ArrowCreek Homeowner The Board will vote on the managing company contract on November 3rd. A revised tentative timeline for the golf course purchase will also be presented at that meeting. Three Board member positions are up for election this … Continue reading

Posted in ACCC, ACHOA, ACHOA BOD, ArrowCreek, ArrowCreek HOA, ArrowCreek411, Communication, Communication Committee, Community, Community Management Company, Control Our Destiny, Golf Course Purchase, Golf Purchase, HOA, HOA BOD, HOA BOD Ballots, HOA Management, HOA Management Companies, HOA Management Company, The Club at ArrowCreek, Truth | Tagged , , , , , , , , , , , , , , , | 4 Comments

A Synopsis of Oct 26 ACCC Meeting

By Ron Duncan The ArrowCreek Club Committee convened at 2:04 PM PDT, 26 October 2015. It was called to order by Rich Kenny and members present were Sam Fox, Paul Burkett, Robin Rakusin and Charley Dickinson, along with ~30 residents. … Continue reading

Posted in ACCC, ACHOA Bylaws, ACHOA CCRs, ACHOA Governing Documents, Budget Review, Golf, Golf at ArrowCreek, Golf Course Purchase, Golf Developments, Golf Purchase, HOA BOD Ballots | Tagged , , , , , , , , | 10 Comments

Take Heed, ArrowCreek: Country Club Financials

Here is a snapshot of how things are going for the members of the Somersett Owners Association after their purchase of the club and water rights… Source: Country Club Financials

Posted in ArrowCreek, ArrowCreek411, Golf, Golf at ArrowCreek, Golf Course Purchase, Golf Developments, HOA, SOA, Somersett, Somersett United | Tagged , , , , , , , , | Leave a comment