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Golf Course Committee Notes

Recent Update on OGC

From a report on the February 26th Golf Club Committee meeting, it appears that the OGC has yet to be listed by the brokerage handling the sale.  Committee Chair Tom Kendrick said that when the OGC is listed for sale, the offers and financial particulars of the sale will be public. He also said that the broker Marcus & Millichap told the committee that the golf courses will be difficult to sell if the 280 OGC members do not approve the $750 assessment.  In addition, Kendrick said that the OVA Finance Committee is exploring the financial feasibility of purchasing the OGC property.

Other committee members raised the following issues:

  • Are there any deed restrictions? A preliminary title report should be obtained and reviewed.
  • The cost of the OGC property jeopardizes the Berger renovation as it must be added to the cost of this renovation
  • 10M was a suggested total for the Berger renovation and purchase of the OGC property
  • A guest did a calculation for a special assessment of 10M – it is $2500/member
  • One committee member suggestion was to purchase the East Clubhouse and perhaps move lawn bowling there.
  • Director Kendrick added that the East Clubhouse would need significant upgrading.

OVA is encouraging members to let your voices be heard before any decision is made by the OVA Board to either subsidize or purchase all or part of the golf courses with OVA funds. These are decisions that will potentially increase your monthly dues or lead to a special assessment.

A recent home buyer shared the following misgivings with the Observer:  “As a new resident here, it is disquieting to read of such difficult issues facing us. I no sooner moved in than the OVA and my Homeowner’s Association dues went up. Now this issue has the possibility of burying my wife and I under burdensome and unexpected increases to our dues. I think that if we’d been aware of this issue and battle, we would certainly have factored that in heavily in our decision to move here, and possibly chosen another community. This really does have the power to affect decisions of people to live here or not.”

Tomorrow’s OVA “Project Oversight” workshop was changed late last week to an Open Business meeting with a sheep grazing contract and the OGC matter as two added business agenda items. It is unclear from the board packet whether a discussion and vote will be taken on one or both of the sheep/OGC business issues. However, President Steve Spanier, who resigned last week from OGC, wrote in his message that “the OVA board will hold a wide-ranging public discussion of options available to the OVA and our thoughts about them.”

Now is the time to let your voice be heard. At the point where residents have to write a monthly check to OVA for increased dues or a special assessment it will be too late.

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11 Comments

  1. Dawn on March 4, 2019 at 4:23 pm

    Five dollars a month for the next five years seems like a pretty good deal now, doesn’t it?

    • Elaine on March 4, 2019 at 4:31 pm

      Dawn – only to those who don’t understand what’s wrong with how this entire matter has been handled.

  2. Sue Carrell on March 4, 2019 at 4:33 pm

    Given the fact that every resident in Oakmont has a different financial profile, I think that there may be a way to look at a way to take lower income residents obligations vs the more fortunate higher income residents. AKA sliding scale applications could be considered. Exactly how this would be implemented remains to be seen, but I know there could be such an application if everyone knows that the powers that be want to consider this kind of equitable solution.

    • Elaine Bennett on March 4, 2019 at 4:47 pm

      Sue – There’s nothing equitable about a sliding scale for such an expensive luxury amenity that wasn’t part of the dues package when we purchased our properties and for which OVA currently has no responsibility. Something is very wrong if 7 transient BOD members are allowed to make a decision that has such a significant impact on 4785+ members.

      I’ll also point out the tremendous administrative burden of annually verifying the financial profiles of 4785 members, not that our individual finances are OVA’s business.

      In response to one of the meeting notes above, 4785 x $2500 = $11,962,500, which is closer to $12million.

    • Lyn Cramer on March 4, 2019 at 5:33 pm

      Tell us more, Sue. I’ve long recognized the inherent conflicts in a diverse development like Oakmont, some of whom want a country club, while another number other want an affordable retirement community. Elaine wisely points to the complexities involved in implementing, in effect, a wealth tax. I’m nonplussed by the legal complexities in an association that is overwhelmed by any simple amendment to our bylaws. What you propose appears to be daunting to this observer. If you have a proposal that threads this needle, I’d like to hear it.

  3. Lyn Cramer on March 4, 2019 at 5:23 pm

    Again, thanks to the OO for very relevant information. What would we do without you? In other words, Marcus & Millicap is waiting for results of the assessment vote before marketing the club. Voting closes March 8. If no, a dire situation becomes worse.

  4. Anthony Schukle on March 4, 2019 at 7:18 pm

    If we are going to maintain Oakmont and protect our home values. We need understand that both golf courses are necessary. Please go to Petaluma and look what has happened at Adobe Creek. It is a bargain at 10,or even $20 per month.

  5. Lisa Symonds on March 4, 2019 at 8:39 pm

    One needs to consider the facts. Golf management experts have been trying to make OGC profitable for years and have failed to do so. The initial cost is only a small segment of the cost. $2500 initial assessment and then significantly higher monthly dues to subsidize a few golfers 260 using fixed income residents money. Golf is an expensive sport and if you want to play you need to pay. Do not ask for subsidies from your neighbors. Home prices will plummet if we take this course or even worse no one will buy and houses will foreclose and be boarded up. No to entangling our life savings to support the golfers. I am a golfer and I pay to play!

  6. Dawn on March 4, 2019 at 9:49 pm

    We all pay to play! Do you think as an OGC member we play golf for free? C’mon! And in my opinion the housing market in Oakmont has already taken a hit because of the uncertainty of the golf courses. Your life savings will be at risk if the golf courses fail, and the Quail is shuttered. Try selling your house then. If no one buys the course, 250 plus acres will be a blight to this community. None of us is getting any younger. It will take years for someone to turn that acreage into anything good. As for development? I, for one, don’t want to be stuck on Hwy 12 trying to escape the next wildfire with that more residents living here.

  7. Lyn Cramer on March 5, 2019 at 7:59 am

    Dawn, I’ve linked below a Zillow page of recent home sales and prices surrounding the former Adobe Golf Course property. Does it look like people are having trouble selling their homes?

    To be sure, there is no option facing this community that does not come with some risk. However, the trend is that golf is falling out of favor with potential buyers in 55+ communities. I am not the only person who was pleased to discover when looking at homes here that the golf club was separately owned, and that was a dozen years ago. The number of potential buyers who want to avoid being saddled with the burden of golf is likely increasing. If anything, we risk making Oakmont less attractive by assuming this obligation. We also threaten long deferred maintenance and facility upgrades.

    https://www.zillow.com/homes/new_homes/globalrelevanceex_sort/38.247116,-122.585111,38.241825,-122.594338_rect/16_zm/0_mmm/1_rs/

    • Elaine on March 8, 2019 at 1:00 pm

      Sun City Lincoln Hills doesn’t own the golf courses. This is taken from their website:

      “The Lincoln Hills Golf Club is privately owned by Billy Casper Golf and is not part of the Association amenities. Residents may purchase a variety of golf packages offering reduced rates for residents and tee time reservations 14 days in advance. Through the years, the Lincoln Hills Golf Club has successfully hosted competitive events such as the 2003 LPGA Tour’s Longs Drug Challenge, the 2008 NCAA Ladies West Regional Golf Tournament, as well as hundreds of other local charity and corporate events.”

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