Legacy Golf Course Update

As many of you may know, Legacy Gold Course was sold in early July. While plans were not disclosed by the local developer, some neighboring communites chose to file a suit asking the court to grant a Tempory Restraining Order (TRO) and force the developers to maintain the property as a golf course. The plaintifs were sucessful in obtaining the TRO and subsequently victorious in having the court appoint a receiver to inspect the course and ensure the owners were mainting the course as restrictions on the deed required. After the court appointed a receiver, the owners of the property annouced that they will reopen the course for play on October 1st, 2017 and the property will stay a golf course “foreever” – accoridng to news reports on August 28th, 2017 Las Vegas Review Journal article.

While the law suits have not concluded, Green Valley Village has chosen to join the litigation efforts in order to protect its rights to enfore the deed restrictions and governing documents that are associated with the property. While the cost of litiation is expense, the Association may ultimately look to owners for contributions by way of assessments to help fund the litigation.

The Board is asking for feedback from owners in regards to the potential financial commitment to continue the litigation. The governing documents require a 51% affirmative vote to assess for this type of action. While the Board can adpot a budget including the projected legal fees, the governing documetns also require a 51% vote to increase the assessments more than 10% per year.