Who designed the golf course at The Stone Canyon Club?

World-renowned golf course architect, Jay Morrish, designed the golf course. Jay has designed many award winning courses including Arizona notables such as Troon Golf and Country Club, Troon North, The Rim Club, TPC Scottsdale, and Forest Highlands. Other celebrated Morrish courses include Loch Lomond Golf Club in Scotland, Double Eagle in Galena, Ohio and Shadow Glen in Olathe, Kansas.

How many golf holes will The Stone Canyon Club feature? What kind of course is Stone Canyon?

The Stone Canyon Club currently features 18-holes of Championship golf, with five sets of tees on each hole measuring from 5,400 to over 7,000 yards from the tips. The course truly is a high desert golf experience, featuring lush vegetation, dramatic elevation changes.

Q:

How many acres are in the Stone Canyon Community?

A:

The community encompasses approximately 1400 acres.

Q:

Once I purchase my homesite at Stone Canyon, will I be required to build a custom home within the community?

A:

There is no requirement to build once you acquire property within the Stone Canyon community.

Q:

What are the lot sizes within the Stone Canyon community?

A:

Lots range in size from about an acre to more than five acres.

Q:

Am I required to submit plans for community approval before building a home within Stone Canyon?

A:

There are Design Guidelines and a design review process in place at Stone Canyon. Prior to constructing a custom home within the Stone Canyon community, future residents participate in a carefully crafted design review process, which allows for review and approval of all custom home designs and plans.
The general purpose of the Design Guidelines and the related review process is to protect the architectural integrity and quality of the Stone Canyon community as a whole. These guidelines provide standards for architectural design, site planning and landscape architecture, while still providing the Owner with the greatest flexibility in personal expression. The end result of the process is intended to create harmony between those elements of the built environment with the inherent quality and beauty of the natural desert environment.

Q:

What type of landscape may I have on my property?

A:

Existing natural features such as stands of saguaros, unique vegetative groupings, rock outcroppings and washes will be preserved wherever possible. All landscaping must reflect the Southwest character of the development.

The following questions and answers are designed to provide a general understanding of The Stone Canyon Club and the membership opportunities available. As these questions and answers are only summary in nature, you should carefully review the Membership Plan and the Rules and Regulations prior to becoming a member in The Stone Canyon Club.

What are the membership opportunities at the Club?

The Club is presently offering a limited number of memberships in the following categories: Golf Membership and Sports Membership. Each membership provides specific privileges, and are thoroughly described in the Membership Plan.

What recreational and social amenities will be available at the Club?

The Club currently features an 18-hole championship course and outstanding practice facilities designed by noted golf course architect, Jay Morrish. Other planned amenities include world-class tennis, fitness, swimming, men's and women's locker facilities as well as a finely appointed golf shop and dining. The permanent clubhouse, which will be no less than 25,000 square feet, is expected to commence construction once the number of golf memberships in the Club has reached at least 175. A temporary clubhouse will serve the members until the permanent clubhouse has been completed.

Who owns the Club Facilities?

Stone Canyon, L.L.C., an Arizona limited liability company, owns and operates the Club Facilities.

What are the privileges of a Golf Membership?

Golf Members are entitled to use all of the golf, tennis, swimming, health and fitness and social facilities of the Club. Golf Members will not be required to pay greens fees or court fees for use of the golf or tennis facilities, but will be required to pay monthly dues associated with Golf Membership and annual or daily cart fees.

What are the privileges of a Sports Membership?

Sports Members are entitled to use all of the tennis, swimming, health and fitness and social facilities of the Club. Sports Members will not be required to pay court fees for use of the tennis facilities, but will be required to pay monthly dues associated with the Sports Membership.

What are the special features of membership in the Stone Canyon Club?

Membership in the Stone Canyon Club offers a number of special features such as:

• Refundable Membership Deposit. The entire membership deposit paid for Golf or Sports membership is refundable upon resignation and reissuance of the membership or upon death of a member, as provided for in the Membership Plan.

• Transferability of Memberships. Memberships are transferable through the Club to the subsequent purchaser of a member's residence or homesite. Upon approval by the club

• Resigned Memberships Reissued Prior to Membership Sell-Out. Resigned members do not have to wait until all new memberships in the Club have been issued before their membership is reissued, as provided for in the Membership Plan.

• No Assessments. Members are not subject to either operating or capital assessments in the non-equity club. The Company will be responsible for all deficits incurred in the operation of the Club and its facilities and for the cost of all capital improvements
  
• Extended Family Privileges. A member's extended family members can enjoy the Club Facilities by paying preferred fees as provided in the Membership Plan.

What will I be required to pay in order to become a member of the Club?

You are required to pay a fully refundable membership deposit in the amount established by the Club at the time you apply for membership. It is expected the membership deposit required to become a member will increase over time as memberships are issued.

When will the membership deposit be repaid to the member?

Each person who acquires a Golf or a Sports membership will be entitled to receive a refund of the membership deposit paid for the membership without interest, 30 years from the date of the member's admission to the Club. In the event that the member resigns from the Club before the end of the 30-year period, the member will be entitled to receive the membership deposit paid for the membership within 30 days after the reissuance of the member's membership by the Club to a new member.

May I invite guests to the Club?

Having your friends enjoy the Club's fine facilities with you is an important attribute of membership in the Club. Therefore, members are encouraged to invite guests to the Club subject to the reasonable rules and regulations adopted by the Club to preserve the exclusivity of its facilities.

Will my family members be welcome at the Club?

Each membership in the Club provides full privileges for spouses and unmarried children under the age of 23, who either live at home, attend school on a full-time basis or are in the military. The Club intends to provide programs that are appealing to family members of all ages.

Who is eligible to acquire a membership in the Club?

Golf and Sports Memberships in the Club will be offered to initial purchasers of homesites in the Stone Canyon community, and to such other persons as the Club determines. Each initial purchaser of a homesite in Stone Canyon may, based on availability of the membership category desired, acquire a membership in the Club no later than the closing date of his or her homesite or residence. The number of memberships is limited and the ability to acquire a membership is subject to one being available.

I understand the membership program at The Stone Canyon Club is a Convertible Equity membership program. What does that mean?

The Company has reserved the right the convert the Club to an equity member-owned club in the future, at the Company's sole discretion. In an equity member-owned club, the members ultimately vote on matters affecting the club and manage and control the operation of the Club and its facilities. The Company will retain control of the equity club until all of the equity memberships have been sold. Control may be relinquished sooner in the discretion of the Company.

If the club has converted to an equity member-owned club, what will my rights be as an existing member?

If the Company determines to convert the Club to a member-owned facility, all members will be given an opportunity to acquire an equity membership in the corresponding equity category.