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Important update: Covenant applies to potential golf course purchasers

Dear Forest Lakes Residents,

You will recall the notice sent September 11, in which we (HOA) shared the information that the County had a possible interest in the purchase of the Palms Golf Course. (Refer to previous letter here). And, in which we promised to share continued communications with you, as new information becomes available. The information and attorney letter below responds to our ongoing commitment.

Covenant

You were reminded that our HOA entered into a covenant agreement with the owners of the Palms Golf Course in 2007, which was later amended in 2014 (the covenant can be found here on the FLCCE HOA website). And, while the owner of the course may sell the property to whom he/she chooses, the covenant entered by both parties assures the HOA that the use of the property is restricted to either a golf course or other open space. Of equal importance is that the covenant runs with the landtherefore, prospective purchasers of the course are subject to its terms and conditions. To amend or terminate the covenant requires approval by vote of 75% of the homeowners.

Current Status

Please refer to the attached correspondence, (letter #2), from the HOA’s Land Use and Zoning legal counsel. The Board will continue to keep you informed as more information becomes available.

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FLCCE is a Deed Restricted Community

FLCCE HOA, P.O. Box 25041, Sarasota, FL 34277-2041 •  flccehoa@gmail.com

©2022 by Forest Lakes Country Club Estates

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