VWG: What SBC’s Changes Mean for The Village

On August 13, Silver-Bronze Corporation (SBC) held a special meeting of members at which a new board of directors was voted in.  A measure also passed that allows multiple memberships to be owned by an equity member. The new SBC board of directors comprises Ken Agid, Bob Atkins, Joe Hart, Randy Johnson (president and treasurer), Rosie King, Phil Martin, Jim Maxwell, Bill Radovich and Signe Radovich (secretary).

Members of the Village Working Group met recently with Oak Grove’s leaders to discuss what Oak Grove’s majority shareholder position in Silver-Bronze means for the Village. The meeting focused on the Coto Valley Club since that facility is located in tract 6970 and pays dues to the Village HOA.

The Village Working Group’s charter is to gather facts on behalf of the community and share them with Village residents.  Below is a recap of the information learned in the meeting with Oak Grove’s Robert O Hill and Alain O’Connor.  The recap does not attempt to endorse, censure or critique any of the plans described by Oak Grove’s leaders.

Oak Grove said they expect the new Silver Bronze board to “move quickly” to resolve the Coto Valley Club situation.  Based on Oak Grove’s conversations with SBC’s new board president, the feeling is that the financial situation with the club is precarious, which will prompt quick action, but they did not give a specific timeframe.  We discussed five options for the club property, but they feel that only three are viable:

  1. Donate the land and facilities to the YMCA, or the 6.4-acre portion of land, with SBC getting a charitable tax write-off in return.
  2. Sell the 6.4 acre portion to the Coto de Caza Golf & Racquet Club.  Oak Grove said initial discussions with Club Corp, owners of the golf club, indicate Club Corp would consider turning it into a “family club” with waterpark-like pools.  Membership to this new facility would be separate membership to the existing Coto de Caza Golf & Racquet Club. This would require Club Corp to spend millions to renovate/rebuild/improve the facility in order to sell a thousand or more memberships to sustain it.
  3. Sell the land to a home builder conditioned on developing homes and community resources, such as a meeting room, tennis courts and the like, and then building homes that are palatable to Village residents and harmonious with the Village neighborhood, CC&Rs and architectural guidelines.
  4. Find a professional long-term operator to rent and manage the club area.  This is the planned action for the equestrian center (with the current managers).  This was not considered a viable option.
  5. Give it to the Village as is and have the Village HOA take ownership of it. This was not seen a viable option because the club’s size is large for an HOA of the Village’s size to maintain.

The meeting also delved into a discussion about the Equestrian Center, a topic of interest to Village residents but not part of the Village Working Group’s objectives. Robert O Hill said he is committed to keeping the majority of the Equestrian Center as an equestrian center and portion off 4.1 acres and the Merryhill School site to be re-zoned for low-density residential and have 18 houses built on that property.  That is Oak Grove’s “Plan A.”  He said he believes this option is the best for Coto, its residents and property values, and the Coto Equestrian Center.

Oak Grove’s “Plan B” keeps the site zoned as is – Commercial Center/Community – and puts in an assisted living facility and self-storage facility.

The Village Working Group members recommended to Oak Grove’s leaders that they attend an upcoming Village HOA meeting to meet with residents and explain the changes in SBC leadership, their thinking for the Coto Valley Club, and discuss Plans A and B for the Merryhill and Equestrian Center sites.

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3 thoughts on “VWG: What SBC’s Changes Mean for The Village”

  1. The ONLY way for any Coto residents to have a voice in what will happen to the Equestrian center and Country Club is for us to show up at the rezoning hearings and voice our opposition. There are almost 5,000 people living in Coto, if only 10% of them turn up at the hearings and sign up to speak their piece, we will certainly have an impact, We must insist that any covenant to protect the equestrian nature of the land is given in perpetuity – not contingent on whether or not the equestrian center is profitable or not. There are a million ways to skin a cat to make sure a business fails and I would hate to have a rosy covenant in place that falls apart because the center can’t survive in its smaller format – or if the developer hikes the prices so high that everyone leaves and the developer has ‘no choice’ but to close it and add housing instead. It seems to me that it would be like putting a cat in charge of a bird and asking them to make sure that it’s well taken care of….. .

  2. I think this is outrageous. Most of us moved here for the lifestyle which now exist and obviously this developer, with the help of the SBC who sold to him will completely transform it. First by a malicious play – rezone the area as I want or I’ll ram “an assisted living facility and self-storage facility” down your throats. Then by the “benevolent” donation of the CVCC for a YMCA where busses and busses of kids run in and out of our neighborhood all day long or a sale which would mandate a reconstruction requiring the sale of thousands of more memberships to sustain it or the sale of the land for ” building homes that are palatable to Village residents and harmonious with the Village neighborhood, CC&Rs and architectural guidelines”. Does anyone really believe they have an interest in buildings homes palatable to us? If so call me, I have wonderful ocean front property in Arizona I would like to sell you. Who is the developer putting in a position on the village board to ram this through? For all of our sakes I hope we can unite sufficiently to thwart the efforts of those intending to complete transform Coto and our lives.

  3. This guy’s a clown. It’s clear to me that O’Hill is holding the Old Club hostage in exchange for a Merry Hill Play. In my estimation he stands to make about $9M on the 18 homes built on 4.1 acres. It’s obvious that nobody who lives near the Village will find Plan B palatable. I recommend we force options C and D. Plan A is all upside for O’Hill and minimal upside for Neighbors + increases traffic density for The Village. Moreover, it puts the Equestrian Center at risk in the long run just as proximity killed the Shooting Range. Think this through. Robert O’Hill is a parasite…

    RP

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