![]() ![]() ![]() Love said that these numbers are conservative and do not currently include the 800-plus homes Shea Homes is currently building out. The per-month increase would go down between years three and seven to $11.07 per month. This, plus present homeowners fees of $120 per month, would increase the total homeowner fee to $132.35 per month. It would cost each Trilogy residence a maximum of about $12.35 per month to fund the loan for the first two years, according to data collected by the Feasibility Committee. This would include the money needed to buy the course, restoration costs and the ongoing expensive of upkeep. This proposal would require residents to fund a seven-year loan from the Bank of Rio Vista for the purchase through monthly payments. Chief Financial Officer Craig Hazel declined to comment on how profitable the company’s individual golf courses are, but said that examples of successful courses include the Crystal Springs Golf Course in Burlingame and the Boundary Oak Golf Course in Walnut Creek. has never had a management contract canceled or fail to renew, according to the company’s website. The management company has been in business for 24 years and manages or leases more than 20 golf courses in California, Oregon and Washington.ĬourseCo Inc. ![]() The committee presented its findings and recommendation to the Trilogy Master Board in February and will bring its proposal to Trilogy homeowners at a later date.Ĭommittee chairman Don Love and vice chairman Ronald Chalmers said that the committee is proposing the HOA purchase the golf course with Petaluma-based company CourseCo Inc. The HOA formed the Trilogy Golf Course Feasibility Committee a few months ago to examine the current golf course and restaurant business model, as well as the feasibility of purchasing both. The risk is that if the course continues to deteriorate, it could hurt property values. Ongoing loss in the amount of profit plus deterioration of the golf course and restaurant are two reasons the HOA looked into acquiring the course. Now the course is up for sale again and the option fell to the Trilogy HOA and its Master Board to consider purchasing the golf course instead of finding another buyer. ![]() Shea Homes sold the course and restaurant to the Southern California-based company BRV Partners Inc. The purchase would include the Nines Restaurant that sits on the course. The issue: Whether or not the Trilogy Homeowners Association should buy the golf course, given that there are no other buyers. It’s beautiful to view, but the golf course has also been something of a contentious issue among residents in recent months. Much of that green landscape is part of the residential community’s golf course. Beautiful views of lush, green landscape can be seen from just about every corner of the gated community. Elsewhere parkland and associated estatelands, characterised by plantation woods and belts of trees, are a feature at Studley, Edstone, Sherbourne and Grove Park.”įrom ‘Warwickshire Landscapes Guidelines: Arden’, Warwickshire County Council, 1993.RIO VISTA - The homes of the Trilogy subdivision in Rio Vista sit in something of an oasis. True parkland survives only at Ragley, but these areas still retain an ancient wooded character. Ancient deerparks are recorded at Ragley, Coughton, Wootton Wawen and Fulbrook. The scarp woodlands to the south and east of Haselor form particularly prominent landscape features. Large woodlands and mature hedgerow oaks remain a feature in the landscape, especially in the Arrow valley and on the hills around Bearley. These retain a semblance of rural character but mostly now function as dormitory settlements for nearby towns. This is a landscape of mixed farmland and medium to large sized fields where the characteristic dispersed Arden settlement pattern gives way to one of small nucleated villages. “The largest is a broad belt of countryside stretching from Warwick to Alcester along the northern fringe of the Avon valley. Where field pattern is still reasonably intact the scale is usually reduced and filtered views through the landscape are more common. In these open areas woodlands become more visually prominent and together with the landform define the scale of the landscape. In most places the large-scale undulating topography is the dominant element in the landscape, particularly where the pattern of field and hedgerow trees has become more fragmented. “The wooded estatelands is a well-wooded agricultural landscape of large arable fields and prominent hilltop woodlands. ![]()
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