So, for our Easter Brunch, we will be preparing some delicious egg creations at our Omelet Station, as well as popular egg dishes and breakfast staples, said Chef Josh. Moreover, because the Club's obligation to refund the Membership Contribution of an Equity Member is contingent, we believe that such obligation coupled with the Equity Membership does not constitute a "note", "bond" "debenture" or other "evidence of indebtedness" in the sense that such terms are used in Section 2(a)(1) of the Act. Las Sendas Golf Club, Inc.: No Action, Interpretive and/or Exemptive Letter of March 2, 2004 Securities Act of 1933 - Section 2 (a) (1) March 2, 2004 Response of the Office of Chief Counsel Division of Corporation Finance Re: Las Sendas Golf Club, Inc. (the "Club") Incoming letter dated February 6, 2004 33-6253 (October 28, 1980), on behalf of Las Sendas Golf Club, Inc. (the "Club") that the Division of Corporate Finance (the "Division") of the Securities and Exchange Commission (the "Commission") provide advice that it will not recommend any enforcement action to the Commission if the Club offers for sale and sells memberships in the manner and under the circumstances described below without registration under the Securities Act of 1933, as amended (the "Act" ). TheEaster Bunny originally was used as a symbol of fertility, due to the rapid reproduction habits of rabbits. Wednesday, Aug. 14Flying Blind Chefs Dinner, Saturday, Sept. 14Family Night. When it is time to practice, Las Sendas G.C. Because this position is based on the representations made to the Division in your letter, it should be noted that any different facts or conditions might require different conclusions. Golf Courses in Amsterdam | Leading Courses Send readers directly to specific items or pages with shopping and web links. Suggest edits to improve what we show. The Option Payments shall be credited in full to the Purchase Price at Closing. Most mid-handicap players will not have to worry about losing several sleeves of balls throughout their round. Footer. In that scenario, the Equity Members would take control of the Club Facilities and the Seller would relinquish all its control of the Club and the Club Facilities. Sitting nearly 1,800 feet above the desert floor, Las Sendas Golf Club is not a course contrived with artifice, dcor, or railroad ties, nor is it a target . Director/Managing Partner 480-396-4000 x198lmcbean@lassendas.comWayne McBeanMembership Sales/Managing Partner 480-396-4000 x201wmcbean@lassendas.com, Michael Field, PGADirector of Golf 480-396-4000 x203mfield@lassendas.com, Javier CardenasDirector of Food & Beverage 480-396-4000 x202jcardenas@lassendas.comCarla ShawCatering Sales Director 480-396-4000 x222cshaw@lassendas.com, Franklin SaylorCourse Superintendentfranklin@lassendas.com, Kevin ResslerController/Accountingkressler@lassendas.comDanika KelvieAdministration Office Manager480-396-4000 x221dkelvie@lassendas.com, 7555 E EAGLE CREST DRIVE, MESA AZ 85207 We strive for inclusivity and to uphold community values in all that we do. Space is limited, so reserve your spot by calling Jolyn at (480) 396-4000, ext. While the Seller plans to use the proceeds received from the Club from the sale of Equity Memberships for general business purposes, including possibly the repayment of indebtedness incurred to construct the Clubhouse Expansion, the Seller does not need such funds to build the Clubhouse Expansion and will secure all financing necessary to complete the Clubhouse Expansion. Las Sendas Golf Club - GOLF STAY AND PLAYS TEAM TRAINING LIFE CHANGING. From an elevation nearly 800 feet above Phoenix, there are views and sunsets from both the course and clubhouse that match the superb layout. (480) 396-4000 Company Las Sendas Golf Club Wayne McBean Current Workplace Wayne McBean has been working as a Managing Partner at Las Sendas Golf Club for 124 years. Theres always great pricing at Las Sendas Golf Shop, and we always have a sale on. Office of Chief Counsel Incoming letter dated February 6, 2004. Cost is $75 per person plus tax. 87! Beginning in June, The Vistas Pavilion will let kids, ages 8 to 13, play with their food as they join our Kids in the Kitchen Cooking Class. We work to protect and enhance this desert uplands setting every day. b Xj) S0 Las Sendas Golf Club Announces New Director of Sonsons Pasty Co. This is a must play for anyone who wants to test their golfing skills at the highest level. Call Jolyn or Jess at (480) 396-4000, ext. The holders of these non-proprietary memberships shall not be entitled to vote and they shall not be entitled to any equity or ownership interest in the Club. Its for everyone and I love it! Here you'll find an answer to your question. (480) 748-1127 The team mentality at F45 Training helps members transform their lifestyle physically and mentally while encouraging community growth and a no-ego attitude. Tips to Ensure Your College Tours are Successful, Alpha House Home Decor Gallery Offers Custom Florals, Rentals, Decor, And More, Why You Should Choose Clear Choice Flooring, Would You Like to Look Younger? Unlimited golf and 10 percent discount in Golf Shop and restaurants. The Trailhead is available to rent for wedding receptions and ceremonies, banquets, conferences, and more. Accordingly, we appreciate your responding to our request as soon as possible. 356 Reviews. Xona Resort Suites (www.xonaresort.com) in Scottsdale is a home away from home. endstream endobj As partial consideration for granting the Option, the Club will pay the Seller as a non-refundable payment (the "Option Payments"), substantially all of the Membership Contributions received prior to the Closing Date as such contributions are received; the amount of the then-required Membership Contribution will be determined by the Club (via the Seller-controlled Board), from time to time until the Closing. Introduces New Family-Focused Offerings, Milanos Reopens Dining Room While Prioritizing Health. With more than 3,400 homes, our community is multigenerational and diverse. Washington, D.C. 20549 The purpose of this letter is to amend and restate the facts and analysis contained in our letters dated October 15, 2003 and January 16, 2004, in which we requested, pursuant to Release No. Las Sendas Golf Club, Inc.: No Action, Interpretive and/or Exemptive Las Sendas Golf Club is home to world-class golf, a top-rated al fresco dining experience, and absolutely stunning views. Heemskerkse Golfclub successfully saved to your bucket list. as Sendas Golf Club is widely considered to be one of the Top 10 Golf Courses in Phoenix, Scottsdale, and Mesa. Kennemer Golf & Country Club. Direct Dial: 602.262.5884 The purchaser must be approved for membership and pay the then current Membership Contribution. Las Sendas Golf Club Profile and History. Equity Memberships will entitle the holders thereof, the Estate Members' spouses and children under the age of 21, and the Equity Members' guests, access to all the Club Facilities upon payment of all required dues and fees. Phoenix, Arizona 85004-2385 publisher@phillipswest.com, Monica Adair Thomas Heyer - General Manager - Las Sendas Golf Club | ZoomInfo Sell your publications commission-free as single issues or ongoing subscriptions. The pro shop is located adjacent to the restaurant and lounge, which offers indoor/outdoor dining and spectacular views of the Valley below. Prior to Closing, the Membership Contribution for a membership will be fixed by the Club's Seller-controlled Board. When it comes to weight management, good nutrition is vital. Host your publication on your website or blog with just a few clicks. Its fun, challenging and social. Instruction - Las Sendas Golf Club Social Membership2019 Pricing Only $1,999, Junior Membership (Age 45 and Under)New Only $2,500, Proxy MembershipNo Initiation Fee, Full Membership Privileges (Only 2 Available), Non-Refundable Golf Membership$15,000 (Moving to $20,000 in 2020), Fully Refundable Golf Membership$29,900 (Moving to $35,000 in 2020). See also the letter dated October 26, 1981 from Peter J. Romeo, then Chief Counsel, to Curtis A. Prins, relating to a no-action request on behalf of Cypress Run Golf Club. We just want to promote golf and comedy! The Club will also pay the Seller the cost of supplies and inventory on hand at Closing. Various residential builders have sold or will sell to homeowners the Residential Lots improved with homes (the "Las Sendas Homes"). The fourth hole was one of my favorites. Our brand is our missionto reach out to the community as your pathway to fun, recreation and a pleasurable lifestyle. If these conditions are met, upon the surrender of his or her Equity Membership, a Member will receive an amount equal to 80% the amount of the Membership Contribution then charged for the surrendering Equity Member's class of membership. The Tralhead Members Club located at the heart of our community offers beautiful indoor and outdoor event space with incredible desert upland views. We use cookies in accordance with our Privacy Policy. The Administration Fee may be increased by the Club from time to time. Then there are the Superstition Mountains and that storyline about the Lost Dutchman Gold Mine and subsequent movies. From there, you can choose the day you want to play and the rate you want to pay. But opting out of some of these cookies may have an effect on your browsing experience. If for any reason you conclude that you cannot respond affirmatively to our request, we would appreciate the opportunity to discuss the matter with you prior to the preparation of your response and ask that you call the undersigned at the phone number above or Ms. Romy Schlecht of our firm at 602-262-5830. http://www.sec.gov/divisions/corpfin/cf-noaction/lassendas030204.htm, within 120 days following the date that the Seller gives appropriate notice that a certificate of occupancy is issued for the Clubhouse Expansion (the, within 120 days following the date the Seller gives appropriate notice of the later to occur of a certificate of occupancy being issued for the Clubhouse Expansion being issued and the Purchase Price being paid in full (the.
(1#%(:3=<9387@H\N@DWE78PmQW_bghg>Mqypdx\egc//cB8Bcccccccccccccccccccccccccccccccccccccccccccccccccc las sendas golf club las sendas community association las sendas the patio at las sendas las sendas community association inc las sendas golf club inc Las Sendas Golf Club Global Presence Search All Employees FROM THE. Choose Las Sendas for your next night out or big event. In Forman, supra, the United States Supreme Court elaborated on the "profits" aspect of the Howey test: By profits, the Court has meant either capital appreciation resulting from the development of the initial investment, as in Joiner, supra (sale of oil leases conditioned on promoters' agreement to drill exploratory wells), or a participation in earnings resulting from the use of investors' funds, as in Tcherepnin v. Knight, supra (dividends on the investment based on savings and loan association's profits). 450 Fifth Street, N.W. This site is operated by PGA members to make it easy to find contact information for Arizona golf courses. Each Equity Member shall receive a numbered membership certificate. 6 0 obj<>stream Contact - Las Sendas Golf Club Then if you hit a strong drive toward Camelback Mountain, you have a shot to go for the green in two, but it is all carry over a second lake. Play here when you have some time to slow down and enjoy the views and even explore the recreation areas in the Mesa area. Classes are on Thursdays, from 6:30 to 8:30 p.m. Despite its modest length, this stalwart PGA Tour venue defends itself well against the world's best golfers while remaining fun for the rest of us. Maximum seating is 10 guests per class. continuously evolve so virtually no two workouts are ever the same! Grown-ups can play, too, with Chef Jason, Chef Al and Chef Josh, as they take you on a magical and delicious journey with a variety of cuisinesand a glass of wine, too. SunRidge Canyon Golf Club in Fountain Hills has all you search for in a scenic Arizona setting: rugged canyons, and views of Four Peaks and Mazatzal Mountains. Before launching a career as a travel/golf writer, he achieved the rank of Lieutenant Colonel in the Air Force reserve, serving during the Vietnam and Desert Storm eras. %&'()*456789:CDEFGHIJSTUVWXYZcdefghijstuvwxyz Division of Corporate Finance Immediately after the sale, "we sold 100 memberships in three weeks," McBean said. The Seller will use those dues, together with income from limited public play, towards the operating expenses of the Club Facilities prior to the Closing. Hawaii. Bring comedy to your golf club anywhere in the country. Membership - Las Sendas Golf Club Save the dates: For more information on spring and summer events, call (480) 396-4000, ext. Come check out the best facility in Mesaright in your own neighborhood. Enable groups of users to work together to streamline your digital publishing. The casual patio dining experience is surrounded by breathtaking views of the mountains, desert, fairways and Phoenix city lights that will be sure to create lasting memories. With a reputation as being one of the best and most challenging golf courses in Arizona for nearly 25 years, Las Sendas Golf Club doesnt have much left to prove but it continues to do just that every single day. Browse short-form content that's perfect for a quick read. F45 Training is a global fitness community specializing in innovative, high-intensity group workouts that are fast, fun, and results-driven. Enrollment the Arizona Golf Association . {R1y0Q
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UpbS Las Sendas Golf Club - Mesa, AZ | Las Sendas Tee Times CHH % .9*7P Z *oN w >Z@7SP A great golf course with spectacular views and a beautiful clubhouse and restaurant - Las Sendas has it all. Golf Waterland successfully saved to your bucket list. Welcome to the F45 Challenge. monica@goupclose.com, 2020 Phillips West Publishing | Website by Rangefinder Studios, Award Winning Dining, Fabulous Entertainment, HUNT FOR SOME EGGSEPTIONAL DEALS AT THE GOLF SHOP EASTER SALE, JOIN LAS SENDAS GOLF CLUB NOW! } !1AQa"q2#BR$3br The Club's Articles of Incorporation (the "Articles") provide that there will be no payment of income, dividends or other distributions of profit to any of the Club's members, trustees or officers, and as such they will have no interest in or title to any of the profits or assets of the Club. Click here to see our photo gallery of resident smiles. Although an Equity Membership conceivably could increase in value, the ability of a member to realize a "profit" upon any such appreciation is so restricted and contingent that it will not be part of the Club's solicitation effort and cannot reasonably form the basis of a profit motive to acquire a membership. Since the Equity Memberships do not fall plainly within the usual concept or definition of "stock", "note", "bond", "debenture" or "evidence of indebtedness" as set forth in Section 2(a)(1) of the Act, we have considered whether the Equity Memberships would otherwise be deemed "securities" by reason of being "investment contracts" or "instruments commonly known as securities" for purposes of Section 2(a)(1) of the Act. Transform any piece of content into a page-turning experience. Therefore, Easter was the first chance to enjoy eggs and meat after the long abstinence. Its time to make it yours! With a reputation as being one of the best and most challenging golf courses in Arizona for nearly 25 years, Las Sendas Golf Club doesn't have much left to prove but it continues to do just that every single day. Moreover, this letter merely expresses the Division's position on enforcement action and does not purport to express any legal conclusions on the question presented. Here at Las Sendas, we have been preparing for a wonderful Easter Day by writing menus and testing recipes for our spectacular Easter Brunch, said Las Sendas Executive Chef Josh Nylin. Under the terms of the proposed Option Agreement, the Club will have two opportunities to exercise its Option. It has been said that there is no bad time to play golf, and that is certainly the case at Las Sendas Golf Club. Golf Membershp FAQ Sheet Las Sendas Membership Programs Offering 3 ways to become a Member and be a part of the new Las Sendas Golf Club Option 1 - Paid in Full includes free dues and carts for the family for 1 year Option 2 - $10,000 down payment with 0% interest over 7 years Option 3 - $5,000 down payment with 4% interest over 7 years The Seller will obtain a construction loan for the Clubhouse Expansion (the "Clubhouse Loan"), which will be secured by a first lien on some or all of the Club Facilities. Winter Golf Season is just about over. Located just 20 minutes from Phoenix Sky Harbor Airport via the 202 Red Mountain Freeway, this area was once home to El Rancho Grande Dude Ranch that was a favorite vacation spot for John Wayne. Spring is just around the corner, so hop on over to Las Sendas Golf Shop for some great Easter savings this month. 201 East Washington Street As described below, the Club will have the opportunity to, but will not be required to, exercise the Option before the Clubhouse Loan is repaid in full and, in that scenario only, would take title subject to the balance of that loan. Las Sendas Golf Club. Although membership interests in private recreational clubs are not literally set forth in the foregoing definition of "securities," we have nevertheless considered whether the Equity Memberships may be regarded as the equivalent of "stock" or another form of "securities" in this instance, because the Equity Memberships carry certain voting rights and no other voting instruments will be issued by the Club. Las Sendas Golf Club - Club + Resort Business