Desert Mountain Club held their third townhall meeting this past Friday to discuss further details about the turnover. As of that morning there were only 144 more Yes votes needed to confirm the “Global Resolution”, which would officially set the turnover date to December 31st. I’m glad that members have gotten their votes in and are doing their part to make this a smooth transition.
The Advisory Board announced that the new Equity Golf Membship price will be reduced from $325,000 to $140,000 and the Equity Club Membership will be reduced from $100,000 to $40,000. This is a significant reduction and absolutely necessary. The new pricing will take effect as of January 1, 2011.
There were a few members that demonstrated their frustrations over the new membership fees and club bylaws but just like last month’s townhall meeting, the overall majority of members were pleased with what the Advisory Board has come up with. Those that were not happy with the new fees were simply upset that they are no longer going to get the amount that they had originally expected upon the sale of their memberships.
You can view the details of Friday’s townhall meeting by visiting the Downloads page of our website. What are your thoughts about the new membership details upon turnover? Do you think that the new club dues and bylaws are fair? Feel free to leave a comment below with your thoughts about the Desert Mountain Club turnover.
If you are interested in purchasing a home in Desert Mountain feel free to contact me.
Carmen Brodeur JD
Realtor
Trillium Properties, LLC
9825 E Bell Road, Suite 120, Scottsdale AZ 85260
Cell (602) 791-0536
Carmen@TopScottsdaleHomes.com
www.DesertMountainHomesOnline.com