Category Archives: Golf Course Purchase

Confusing Numbers: What is the Truth?

Posted on October 20, 2015 by arrowcreek411

By ArrowCreek Homeowner We, the ArrowCreek homeowners, have been given three different sets of numbers for the same thing: owning and keeping the golf courses, or parts of them, green. In 2014, when the Joint venture was the best and … Continue reading →

Posted in ACHOA, ArrowCreek, ArrowCreek HOA, ArrowCreek411, Assessment, Belief Systems, Golf at ArrowCreek, Golf Course Closure, Golf Course Purchase, HOA, HOA BOD, Trust, Truth | Tagged , , , , , , , , , , , , , , , | 5 Comments

AC Control, AC Control, We Have a Problem

Posted on October 15, 2015 by arrowcreek411

By Wayne Krachun Mr. Kenny proposes that we pay $3.3 million for acres devoted to a dying hobby. We then collect rent of $4,000 (keep in mind The Club is already paying us $16,000 for road fees.) So, the payback … Continue reading →

Posted in ACHOA, ArrowCreek, ArrowCreek411, Bail Out Golf Course, Control Destiny, Control Our Destiny, FOA, Friends of ArrowCreek, Golf at ArrowCreek, Golf Course Purchase, Golf Developments, HOA | Tagged , , , , , , , , , , , , , | 2 Comments

Don’t Hurt Yourself! Especially with this Real Estate Proposal!

Posted on October 13, 2015 by arrowcreek411

By Ron Duncan Things you, the homeowner, should NEVER DO: Hit your thumb with a hammer! It HURTS YOU. So don’t do it! Sue yourself. The lawyer gets rich! It HURTS YOU. So don’t do it!! Negotiate with yourself. No … Continue reading →

Posted in ACHOA, ArrowCreek, ArrowCreek HOA, FOA, Friends of ArrowCreek, Golf at ArrowCreek, Golf Course Purchase, Golf Developments, Golf Purchase, HOA, Negotiating with Yourself, The Homeowner | Tagged , , , , , , , , , , , , , , , | 3 Comments

LOI: ACHOA Members Are Simply a Bank – Shouldering All the Risk

Posted on October 12, 2015 by arrowcreek411

by Robb Smith I missed the Tuesday night board meeting but just read the LOI that was sent out, and after reading it I have to imagine the Tuesday meeting was full of fireworks. I’ve probably been one of the … Continue reading →

Posted in ACHOA, ACHOA BOD, ArrowCreek, ArrowCreek HOA, ArrowCreek411, Bail Out Golf Course, Control Destiny, Control Our Destiny, FOA, Friends of ArrowCreek, Golf at ArrowCreek, Golf Course Purchase, Golf Purchase, HOA, Investment Opportunity, LOI, Opportunity to Invest | Tagged , , , , , , , , , , , , , | 6 Comments

BK Purchase Facts

Posted on September 28, 2015 by arrowcreek411

Based on bankruptcy documents, the calculation of the total value of the debt assumed and cash paid by the FOA to acquire the golf course assets was $1,972,398. First is a bidding document filed by the FOA stating that bidders … Continue reading →

Posted in ArrowCreek, ArrowCreek411, FOA, Friends of ArrowCreek, Golf Course Foreclosure, Golf Course Purchase | Tagged , , , , , , | 3 Comments

Facts from Courthouse Documents

Posted on September 27, 2015 by arrowcreek411

I am just an Arrowcreek neighbor, not a FOA member, nor HOA board member. I am not a lawyer and I do not have a business degree. I am not a member of the Club at Arrowcreek. Please read the … Continue reading →

Posted in ArrowCreek, ArrowCreek HOA, ArrowCreek411, Bail Out Golf Course, Belief, Belief Systems, FOA, Friends of ArrowCreek, Golf at ArrowCreek, Golf Course Foreclosure, Golf Course Purchase, HOA, HOA BOD, The Club at ArrowCreek | Tagged , , , , , , , , , , , | 4 Comments

September 17, 2015 efile of

Posted on September 27, 2015 by arrowcreek411

Efile: September 17, 2015 255 Mot to Approve Compromise w County092415 UNITED STATES BANKRUPTCY COURT DISTRICT OF NEVADA IN RE: ASPEN SIERRA LEASING COMPANY, Debtor. Case No. BK-N-14-50087-btb Chapter 11 MOTION TO APPROVE COMPROMISE Date: November 5, 2015 Time: 10:00 … Continue reading →

Posted in ArrowCreek, ArrowCreek411, Bail Out Golf Course, FOA, Friends of ArrowCreek, Golf Course Foreclosure, Golf Course Purchase | Tagged , , , , , , , | Leave a comment

Open Letter to ACHOA BOD From Another ArrowCreek Homeowner

Posted on September 25, 2015 by arrowcreek411

To the ArrowCreek board: As a homeowner in ArrowCreek, I am very concerned about the Board seeking the purchase and lease back of the ArrowCreek golf courses. I am not sure why the AC home owners are being held hostage … Continue reading →

Posted in ACHOA, ACHOA BOD, ArrowCreek HOA, ArrowCreek411, Bail Out Golf Course, FOA, Friends of ArrowCreek, Golf Course Foreclosure, Golf Course Purchase, HOA BOD, Homeowner Questions | Tagged , , , , , , , , , , , | 3 Comments

Control YOUR Destiny!

Posted on September 24, 2015 by arrowcreek411

By ArrowCreek Resident Control of YOUR Destiny: VOTE ! It has been said time and again that purchasing the golf course property would provide us homeowners’ control of our destiny. The initial HOA meeting regarding the options of purchasing the … Continue reading →

Posted in ACHOA, ArrowCreek, ArrowCreek HOA, ArrowCreek411, Bail Out Golf Course, Control Destiny, Control Our Destiny, FOA, Friends of ArrowCreek, Golf, Golf at ArrowCreek, Golf Course Purchase, Vote | Tagged , , , , , , , , , , , | 2 Comments

ACHOA Board Voted 4-3 To Go With ACCC Suggested Proposal

Posted on September 16, 2015 by arrowcreek411

The room was packed to the gills! Lots of wine glasses. Lots of minds. Rich Kenny presented the ACCC Report and Recommendation to the Board. Lots of questions and speeches were next. The committe recommendation: The ACCC recommends that the … Continue reading →

Posted in ACHOA, ACHOA BOD, ArrowCreek, ArrowCreek HOA, Belief, Belief Systems, Control Destiny, Control Our Destiny, D’Andrea, Fire Abatement, Fire Danger, FOA, Friends of ArrowCreek, Golf, Golf at ArrowCreek, Golf Course Purchase, Golf Developments, Green vs Brown, HOA, HOA BOD, HOA BOD Ballots, Home Sales, Home Values, Homeowner Questions, Honesty, Joint Venture, Playing the Game, Reno, Reserve Fund, The Club at ArrowCreek, Trust, Truth | Tagged , , , , , , , , , , , , , , , , , , , | 20 Comments