4 THE CHARBONNEAU VILLAGER June 2020
Board director shares importance of merger with Golf Club
By JIM GIBBONS
The developers of Charbonneau
were required to include
green space in the
community plans that
would exist until May 2020. A golf
course was the best consideration
as it met the need for green space
and the revenue from golf fees
could pay its way, unlike a park
that would require maintenance
fees from the community.
Realtors estimate that having a
community golf course increases
the value of homes in our community
by at least 20%, which would
amount to $130 million in total increased
community value.
In 1989, the developers were selling
the course, and the Charbonneau
Country Club (CCC) was trying
to buy it. There were complications
that delayed the CCC at a
time when an international buyer
was coming forward. As time was
of the essence, a group of 542 residents
quickly formed to each buy a
$5,000 share. They formed the
Charbonneau Golf Club independently
from the CCC.
Over time many of those initial
shareholders have left golf, passed
away, left their share to their heirs
or sold their (usually one) share to
a new resident at a greatly reduced
market price. Of the shareholders
who now own the course, barely
half of them are residents of our
community.
In the future, this could be a concern
as those non-residents outnumber
the residents and could
possibly want to sell to an entity
outside Charbonneau. Even now
the community has little say in how
this asset, which affects us, is operated.
For years attempts have been
made to combine the Golf Club and
its subsidiary Water Company with
the Country Club HOA. There always
seemed to be stumbling
blocks.
Now because of the sale of the
driving range, the Golf Club has
caught up financially, and put money
aside for future needs. This has
enabled a new possibility for
“merger consideration” whereby
the Golf Club (and Water Company)
would be given to the CCC
along with a substantial amount of
restricted money.
That money would be used to
cover possible operating losses
during the next 10 years. Under
this arrangement there would be
no impact upon the monthly assessments
to CCC by community members
for the foreseeable future.
Now we have reached the time
when the restriction of having a
golf course to fulfill our green
space requirement is ending. It is
important for all of us to be able to
have a say in how this most valuable
aspect of our community is operated.
This is not just a golf
course. It is a place for outdoor exercise
and fresh air, it serves to
provide space for several species of
wildlife, and it increases the value
of living in Charbonneau through
our homes and community activities.
For these reasons we should all
be supportive of the proposal of the
Golf Club becoming a subsidiary of
the Charbonneau Country Club.
WILSONVILLE
ZIP CODE
HAS 12
CONFIRMED
COVID-19
CASES
By COREY BUCHANAN
Wilsonville’s case rate
is 5.73 per 1,000
residents, according
to the Oregon Health
Authority zip code data
The Oregon Health Authority recently
released the number of confirmed
COVID-19 cases in every Oregon
zip code.
In the primary zip code in Wilsonville,
97070, the OHA reported 12
cases in total and an infection rate
of 5.73 per 10,0000 residents as of
May 6. By comparison, West Linn
and Lake Oswego had less than 10
infections, no infections were reported
in 87 zip codes and the Pleasant
Valley area of eastern Multnomah
County had the highest number
of infections (159).
The 97071 zip code in the Woodburn
area of Marion County reported
155 infections, which is the second
highest total.
“The number of people with positive
tests per week continues to
gradually decline, while the number
of people who have been tested has
increased significantly,” the OHA
weekly report stated. “Further, fewer
people are hospitalized for COV-
ID-19, and fewer people are requiring
ICU care or ventilators.”
Pamplin Media Group reporter
Holly Bartholomew contributed to
this report.
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