Posted by Concerned Association Member
……overshadows most important issue of concern to all Somersett owners the reversion and water rights in perpetuity to the land on which the Golf Course resides.
The Somersett Board of Directors at a meeting with homeowners at the town center advised homeowners that the proposed CC&R changes did not have anything to do with a new agreement to lease amenities from the Somersett Golf and Country Club.
This comment is rather disingenuous when the proposed CC&Rs does give the right to the Board of Directors to lease property(s) in a given year in an amount up to $500,000 without homeowner approval, or to enter into a lease of unlimited value also without homeowner approval. Therefore, the Board under the new CC&Rs could easily enter into an agreement to lease land or the Sunsett Grill from the Country Club putting Somersett in the restaurant business.
If the new CC&Rs are voted in the Board will have circumvented the need to have a vote on an agreement to lease amenities as required by the Attorney General’s office.
The Board stated further that the negotiations on the lease agreement have been difficult and convoluted with many “twists and Turns”, that is why it is taking so long having started discussion with the Country Club as early of March of this year. What is difficult to accept at face value is why the current Board has not adopted the negotiation tactic of setting a deadline and refusing any further monthly payments to the Country Club until such time as a lease agreement is agreed on. This in light of a Nevada Statute permitting such action taken together with the AG’s office requiring a vote of homeowners on a new lease agreement
Rather than seek a change in the CC&Rs which is most difficult to obtain, Somersett Owners should ask of its Board that they come up with a plan which may include financial assistance to the Country Club, but must include acquisition of the reversion and water rights to the land on which the golf course resides so that the future of the property as open space to the benefit of all owners in perpetuity is preserved.
….treating Somersett Homeowners as if they recently fell off a Turnip Truck is an insult to their intelligence, while this approach has been used in the past it should not be used by our current homeowner board. Come up with a plan that we as a community can all support, nobody wants to see the golf course go brown, we all want to see the open space preserved to the benefit of all owner for time immemorial.