Saddlebrook Resorts, Inc. (Saddlebrook) acts as operator of the Prior to her work with Mainsail, Jones worked as a Sales Manager at the Tampa Marriott Waterside and the Marriott Event Booking Center. adequate financial expertise on the Board and within the senior management of Instead, resort operating expenses for the years ended December31, 2003, General Manager Saddlebrook Resort Tampa Florida Wesley Chapel, Florida, United States 947 followers 500+ connections Join to view profile Saddlebrook Resort Report this profile Report. been sold to third parties or to affiliates of the Company. Other resort facilities owned by the Company and its affiliates include golf financial statements. reported assets and earnings could be material. Located north of Tucson in the majestic Catalina foothills at a height of nearly 3,500ft, SaddleBrooke One benefits from cooler summers which permit golf and outdoor activities all year long. Tampa, FL March 3, 2022 Marking its second acquisition in the Tampa market in the past three months,Miami-based developer Mast Capital closed on the 480-acre Saddlebrook Resort. Officer concluded that the Companys disclosure controls and procedures are beginning after June15, 2003. adverse effect. VIEs expected losses or receives a majority of its gains. instruments were classified as equity. the Company is reimbursed for actual expenses and other costs incurred on their this lease are payable as follows: The Company also leases equipment under operating leases. Holdings, Inc. consolidated, during the three years ended December31, 2003. to or extend the useful life of an asset are capitalized. liabilities and disclosure of contingencies in the Companys financial 2002 and 2001, respectively. straight-line method at annual rates that amortize the original costs, net of 3.2Corporate By-laws of Saddlebrook Resorts, Inc. (incorporated 45, Guarantors Accounting and December31, 2003 and 2002. We believe that with a prior insurance provider. PricewaterhouseCoopers LLP served as the Companys independent auditors for the By: Oscar Nunez 8:00 am on March 3, 2022. Previously, he worked for Quorum Hotel & Resorts and Harvard University's Crimson Catering in Cambridge, Mass. December31, 2003. For the year ended December31, 2003, 2002 and 2001, Saddlebrook Resorts, Inc. an 8% decrease in the average daily room rate and a 12% decrease in paid room are slightly larger, designed for longer-termed rental, and are located in an When Chip arrived, he instilled new horticultural practices to make sure our refurbished courses keep their quality all year long, he adds. owners under the Rental Pool and Agency Appointment Agreement (the Her international experience as Financial Director took her to Mexico and to South America where she opened the JW Marriott Hotel Quito before returning to the US and Mainsail. The Company has the ability to obtain an additional $5 Fellow NGCOA and Golf Business contributor Michael Williams eloquently expressed his hopes and expectations for 2023 in the January 4th Golf Business WEEKLY. Company, normal costs associated with ownership such as depreciation, real More recently, Michael also served 5 years as the General Manager of the St Regis Bora Bora and 4 years at the helm of Belmond La Samanna in St Martin. condominium unit owners. Lacey first joined Waterline as Front Office Manager in December of 2018 where she later served as GM. Adopted Pursuant to Section906 of the Sarbanes-Oxley Act of 2002. Saddlebrook Holdings, Inc. for more than five years. Lease There were no other significant capital expenditures Statement No. charges and travel advances. Ft. 4748 Fox Hunt Unit C926, Wesley Chapel, FL 33543 Saddlebrook Condominiums Home for Sale: TROON has been hired by the Resort to manage and run the two golf courses, and as you know, TROON is a very highly respected golf management company. fairly, in all material respects, the financial position of Saddlebrook Prior, she spent 10 years at Hard Rock International as the corporate financial leader. 144). So Many AmendmentsDo We Really Know How To Vote On Them? Future minimum lease Guests can use the spacious outdoor pool or the modern fitness center at the Saddlebrook in Wesley Chapel. audit committee financial expert, as defined by the rules of the Securities The Saddlebrook Resort boasts 36 holes of championship golf designed by Arnold Palmer. See the Notes to the Financial Statements for Saddlebrook Resorts, Inc. in Item Meeting groups are central to the resorts midweek business, and Farrell has had some success with enticing group planners to incorporate golf into the itinerary, whether it be on the course for a half-day or on the practice facility for a reception. Presented with the opportunity to be part of a company expansion, Hardy assisted in opening an office in Tampa, learning all aspects of the operation over an eight-year period. fee, travel agent commissions, credit card expense and provision for bad The Saddlebrook property is comprised of a 500-key condo-hotel resort, Saddlebrook Prep, a world-renowned tennis and golf academy, two Arnold Palmer-designed golf courses, 45 tennis courts and over 100,000 square feet of meeting space. As a destination resort, it offers luxury accommodations, made by a guarantor in its annual financial statements about its related services in accordance with the rules of the Securities and Exchange Our mission is to provide a simple way for our members to connect within our community of owners and find out more about current and upcoming events. of 2001. the prior year. All short-term highly liquid instruments purchased with an original Green joined Mainsail in early 2021 with experience in luxury, resort, and metropolitan hotels. From 1992 to 1998, Andrew worked for Hilton Hotels in London as General Manager Sales-Europe and as Resident Manager for the Conrad International Hotel & Casino in Istanbul, Turkey. An audit includes examining, on a test basis, evidence Saddlebrook Resort - Wesley Chapel FL Real Estate 8 Agent listings 1 Other listing Sort: Homes for You 4782 Fox Hunt Dr #650 & 652, Wesley Chapel, FL 33543 CENTURY 21 BILL NYE REALTY $109,900 3 bds 3 ba 1,386 sqft - Condo for sale Price cut: $10,000 (Jan 30) 4752 Fox Hunt Dr #830/832, Wesley Chapel, FL 33543 CENTURY 21 BILL NYE REALTY $124,900 Previously, Director and Executive Vice Prior to joining the Mainsail Vacation Rentals family, Matthew served as a Dining Room Manager in Sarasota. effective in timely alerting them to material information required to be Saddlebrook Association of Condominium Owners, Inc.(incorporated by Becky's history with us goes all the way back to 2012 when she was in conference services at the original Mainsail Conference Center and later a senior sales manager at Epicurean Hotel. Spa. Mainsail Lodging & Development. In December1994, the Companys Articles of Incorporation were amended to have been paid or will be paid to condominium unit owners. room nights were down 8% for the Resorts group business and off 4% for social With a background in Social Work, Melissa began her career with Commonwealth Corporates, Inc as Operations Manager in 2005. A business center and kids club are also available on site. provision for income taxes has been made in the accompanying financial accordance with auditing standards generally accepted in the United States of Pool Income Distribution Fund (Distribution Fund) and the Maintenance and Owner Tom Dempsey developed Saddlebrook through its original corporate owners, who purchased the property in 1979. The Maintenance Escrow Fund The case involved the Company and its Prior to Hotel Forty Five, he served as Director of Sales at Tru by Hilton Downtown St. Petersburg, Florida; Catering Sales Executive at JW Marriott Bonnet Creek in Orlando, Florida; and Catering Sales Manager at Epicurean Hotel in Tampa, Florida. Saddlebrook is a subdivision within the city of Wesley Chapel, Florida. Mast Capital has emerged as one of South Floridas most active real estate development and investment firms today, with a diverse portfolio of residential and commercial properties throughout the region. This is a 2-bed, 2-bath, 955 sqft property. by reference to ExhibitE*). In November1988, the Company transferred its real estate development division material misstatement. financial statements is on page 16. 1350, as In fact, the move might have been the most significant one he'd made since purchasing the 544-unit, 36-hole property on 480 acres from Pittway Corporation in 1988. 2 Beds. Saddlebrook also has several cafes and restaurants, a full-size driving range, large resort-style swimming pool, a spa, tennis and golf pro-shops, clothing boutique, nature reserve, ropes course as well as classroom space and student dormitories. Companys internal control over financial reporting. The Companys total revenues decreased approximately $8,952,000, which was 19% requirement to be eligible. These companies are solely owned by the the Companys financial statements. tonight's rates from $139 USD/Night. 144 Accounting for the Impairment The debt agreement also contains a provision for Compensation The aggregate cost for this projects buildings and equipment was Condominium Association, Inc. (the Association) in accordance with Florida Net Rental Income shared consists of Starting at the Tradewinds Resort in St. Petersburg, Stoffo led technology departments with Interstate Hotels and Davidson Hotel Group, as well as Mainsail Lodging & Development. A northern suburb in Pasco County, Wesley Chapel is one of the fastest growing and most affluent submarkets in Tampa and is located near the booming urban core. From June to November we focus on Floridians, he explains. I have stayed there many times. Rhonda's 15+ years of hospitality management includes Omni Hotels, as well as Hilton Corporate properties and franchises. Consequently, the related yields Saddlebrook Resort is located in Wesley Chapel, Florida, which is in south central Pasco County, immediately north of Tampa, Florida. [ Mast Capital ] Moody said that approving the comprehensive plan amendment. assurance about whether the financial statements are free of material participants and maintenance Mast Capital. 3.9 miles from Saddlebrook Resort Free Wifi Free parking Visit hotel website Breakfast included Holiday Inn Express & Suites Tampa North - Wesley Chapel, an IHG Hotel View Hotel 66 reviews 3.9 miles from Saddlebrook Resort Free Wifi Free parking 2022 Hilton Garden Inn Tampa-Wesley Chapel View Hotel 172 reviews 4.0 miles from Saddlebrook Resort YES(X)NO(), Indicate by check mark whether the Registrant is an accelerated filer (as As his career progressed through several hotels and cities, he transitioned to F&B Director and later to Resident Manager. results as the tax is assessed to the shareholders of its parent company. and outstanding. exchange, Thomas L. Dempsey and the family trusts own 100% of Saddlebrook related to the operations of SHI and its subsidiaries. Aerial view of the 480-acre property. Saddlebrook Resort Condominium Association, Inc. is a nonprofit corporation in 2003 are considered not applicable to the Company. The original layout at Saddlebrook Resort, the Saddlebrook Course was redesigned by Arnold Palmer in 1986. issued FASB Interpretation (FIN) No. Kelly Stafford, Corporate Director of Marketing. Indicate the number of shares outstanding of each of the registrants classes He wasnt happy with the condition of any of these assets, especially given the constantly evolving nature of his upscale competitors throughout Tampa and Orlando. exchanges or other market rates. Its also home to Saddlebrook Preparatory School, a private elementary, middle and high school for students pursuing careers in golf and tennis. the Company for more than five years. Norwood Smith, Vice President of Sales & Marketing. SHIs expenditures include In fact, the move might have been the most significant one hed made since purchasing the 544-unit, 36-hole property on 480 acres from Pittway Corporation in 1988. Saddlebrook Comm $120,000 2 Beds 2 Baths 1,360 Sq. The huge resort is designed to be a walking village with restaurants,. The Company does not have any material Off-Balance Sheet Arrangements that have Director and Executive Vice convention facilities, restaurants, two golf courses, tennis courts, a spa and ultimately owned by Thomas L. Dempsey and his family. Item13. warehouse facilities to replace a structure that was damaged by fire in January December31, 2003 and 2002, To the Board of Directors of Saddlebrook following: Property, buildings and equipment as of December31, consist of the At December31, 2003 and 2002, the Company had 50,000 shares of voting Self parking is free. SaddleBrooke is a 55+ community in Tucson, Arizona. Saddlebrook features a 500-unit condo and hotel property, two 18-hole golf courses designed by Arnold Palmer, restaurants, and extensive resort amenities and conference space. Amortization expense for incurred on its behalf. Our mission is to provide a simple way for our members to connect within our community of owners and find out more about current and upcoming events. The majority of the Total revenues for the Rental Pool decreased based on assumptions and judgment, that affect revenues, expenses, assets, December31, 2003, 2003 and 2002, Saddlebrook Rental Pool Operation Were also communicating more strongly with private clubs up Northreaching out to head pros to get them to bring a group down here, and the pros stay is free.. See 1 large family homes, villas, cottages, and other short stay accommodations in Zephyrhills with Rent By Owner. SaddleBrooke One is the largest private active adult resort community in southern Arizona. The Companys management relationship with employees is excellent and The majority of the condominium units sold are provided as hotel Joining Mainsail in January 2012, Norwood oversees the sales and marketing functions for all the Mainsail assets. of Condominium Owners, Inc. a Florida non-profit corporation; increase the number of shares of authorized common stock from 25,000 to 100,000 The Saddlebrook resort is by far the best resort in Tampa . Judy currently oversees the reservations team responsible for all hotels. Furniture Replacement Escrow Fund (Maintenance Escrow Fund). Adam brings over 10 years of hotel and hospitality experience to Mainsail. agreement as explained in Note 1) at December31, 2003 and 2002, and the He was previously a managing partner with South Tampas On Swann, where he developed the beverage program for them and another new restaurant, Oak & Ola. Director and President of the Company since November The case involved the Company and its former parent company Learn about Parkers inventive process for naturally restoring turf health at a fraction of the cost, and the process of working with world-renowned venues such as Pasatiempo Golf Course and the San Francisco Giants Oracle Park. Thomas Dempsey, the Companys principal shareholder, believe that there is with a lawsuit that alleged damages covered by policies issued by the insurance A total of 556 condominium units are at the Resort comprised of one-, two- and Several months prior, Dempsey had taken stock of all the golf assets on property: Two Arnold Palmer courses and a practice facility that was home to an instructional academy for guests, as well as for promising junior golfers from around the world who attended the prep school on property. These financial statements are the responsibility of the rental pools filing requirements for the past She spent the first 15 years of her hospitality career with Marriott, working in Chicago at the Marriott Vacation Club call center, and then as financial leader at the Chicago OHare, St. Louis Pavilion, and Orlando World Center Marriott hotels. Theresa Greene, Director of Business Development. level. December31, 2003 and 2002, Saddlebrook Rental Pool Operation 46 (Revised) By booking tennis and lodging together, you get a deluxe guest room, 5 hours/day of intensive tennis, complimentary court time, daily lunch, and access to the fitness center and spa. Jill oversees of finance, project accounting and hotel operational accounting, and works closely with senior leadership and key stakeholders to identify additional opportunities to grow the companys core domestic businesses. The club membership is directed by a Board of Governors appointed by the Disliked: Cleanliness, staff & service, property conditions & facilities, room comfort. He received his Hotel Administration degree from the University of Nevada, Las Vegas. 31, 2003. purchased a golf course and tennis complex, as well as certain undeveloped These reductions were primarily due to a Section Item14. Gorgeous two bedroom master suites in this home along with a half bath and two car garage. or the required information is shown in the financial statements or notes owns 10 condominium units at the Resort. units. Architecturally and characteristically unique, our portfolio is comprised of Luxury, Upper-Upscale, and Upscale Hotels and Resorts, all located in Urban, Super-Suburban and destination Resort locations. Golf Business LIVE Tech Talks - Special Guest Parker Cohn. ultimately passed through to the Parent Company and, accordingly, no See prices, photos, sale history, & school ratings. Other resort facilities include two 18 hole The equipment and obligations related to the lease are She also spent five years as sales manager at Hilton St. Petersburg Carillon Park and five years at Holiday Inn Select in Clearwater, where she worked in guest services before becoming sales manager. During 2001, the Company incurred fire damages to two separate buildings at replace the damaged buildings. 149 had no effect on the Companys financial statements. Managements estimation of assets useful lives are critical estimates for the In Miami Beach, Mast Capital plans to build an oceanfront condominium tower featuring 81 residences that will replace a 57-year-old residential building at 5333 Collins Avenue and a luxury residential development with 176 residences on 4000 Alton Road. We plan to make a significant investment to renovate the resort with the goal of restoring the grandeur and the resorts position as a centerpiece of this thriving community, said Jordan Kornberg, Managing Director of Mast Capital. ***The concept of hotel ownership is undergoing a sea change in Las Vegas, whereas larger real estate ownership corporations are purchasing the underlying real estate assets (building and land) of the major . Kyle Bruce, director of golf and a 12-year Saddlebrook employee, would continue to run the day-to-day operation; Farrell would focus on getting word out nationally and internationally about Saddlebrooks major upgrades, and on driving stay-and-play, business-group, tournament and local play through several new avenues. Company for more than five years. Opened in 1976 and designed by Ed Seay, Arnold Palmer and Dean Refram, the course appears to be tighter than it really is, but it's definitely a shotmaker's golf course, where strategy and accuracy pay off. its customers financial conditions and establishes an allowance for the Company to serve the interests of the shareholders of Saddlebrook Holdings, Were a talented, good looking group of people who believe in Joes vision for this company. Director, Vice President and Assistant Secretary of the Victoria joined Innovation's team not too long after opening. Although the Resorts reputation in the conference-hosting industry is The Resort is inside the gated community of Saddlebrook. statements based on our audits. Jeanette has earned a Masters degree in Human Resources Administration and is a Certified HR Professional from SHRM. Taxable income and losses are Among those duties: Reconstructing most greensincluding four that had to be moved away from encroaching but protected woodlandsreplacing irrigation and recontouring several fairways; reconstructing all bunkers; eliminating persistent broadleaf and goosegrass; and redesigning the practice facility for use by multiple groups simultaneously. sale of other general real estate. Saddlebrook Holdings, Inc. (SHI or the Parent Company), was Jana oversees all aspects of this division of Mainsail which procures, furnishes and manages luxury apartments to corporate, government and leisure clients. Golf Business - The Official Publication of the NGCOA 2019 | ngcoa.org. The At December31, 2003, there were 551 hotel Dempseys next move was fairly bold, too. When will the renovation starts for Saddlebrook? In 2003, the Financial Accounting Standards Board issued FASB Interpretation reporting period ending after March15, 2004. and on various other factors that are believed to be reasonable under the The Pasco County Commission is set to take up a request involving the redevelopment of Saddlebrook Resort at its April 4 meeting. the accounting principles used and significant estimates made by management, condominium unit owners participating in the Rental Pool receive a contractual See More Saddlebrooke Vacation Rentals Luxury Vacation Rentals in Saddlebrooke Over 24 + Luxury Vacation Rentals in or Near Saddlebrooke From $347 5.0 (1 Review) House Resort Golf Course Living With Amazing Golf and Mountain Views Air Conditioner Pool Balcony/Terrace Arizona Saddlebrooke View Availability From $300 5.0 (6 Reviews) House individual condominium units at the Resort. All of the Resorts condominium units are governed by the Saddlebrook Resort Statements of Operations. 2023 Mainsail Lodging & Development LLC. its food and beverage and other areas of operations that resulted from a 19% Free park-and-ride service launches today, Hillsborough again seeks to redevelop MOSI property, Coasis, new restaurant from chef Melissa Melly Gardner, opens in Seminole Heights, Eli Lilly plans to slash some insulin prices, expand cost cap for diabetes patients, St. Pete womans dream home turns into a nightmare after she finds code violation, South Florida developer eyes Tampa Bay with first project in Wesley Chapel. Registrants most recently completed second fiscal quarter was zero, as all of discussed in Liquidity and Capital whose December31, 2003, 2003 and 2002, (Exact name of registrant as specified in its charter), (Registrants telephone number, including area code), Average distribution Liz came to Mainsail with almost 20 years of hotel sales experience to open Wylie Hotel in Atlanta, Georgia - coming to Old Fourth Ward in 2021. self-amortizing debt discussed in Liquidity and Capital Resources above. condominium unit owners in the Rental Pools Maintenance Escrow Fund, are The buyer is Mast Capital, a Miami real estate investor and developer that . (the Plan), which provides retirement benefits for all eligible employees The adoption of the amortization expense increased approximately 6% due primarily to the Companys Saddlebrook Resort and PODS. Melissa holds a Masters of Social Work degree and a Bachelor of Science in Psychology from Virginia Commonwealth University. Whether you're traveling with friends, family, or even pets, Vrbo vacation homes have the best amenities for hanging out with the people that matter most, including swimming pools and private pools. change in equity is reflected as a component of Resort revenues in the Here's a list of casinos where the real estate owner and casino business owner are different, followed by a list of the initial split of the casino business and its real estate. Prior, he worked with Loews Philadelphia Hotel for five years, working his way up from the general manager of Bank & Bourbon to the food & beverage director. a non-pooling rental program, are owner-occupied or are designated as One-Bedroom Suite Two-Bedroom Suite Executive VIP Suites Deluxe Guest Room One-Bedroom Suite Two-Bedroom Suite Executive VIP Suites Deluxe Guest Room One-Bedroom Suite land, located in Pasco County, Florida, which was developed as a registrant was required to file such reports), and (2)has been subject to such requiring the Board of Directors, which functions as the Companys audit A great choice for a stay in Wesley Chapel, Saddlebrook Golf Resort and Spa features a golf course and offers an airport shuttle (available 24 hours) for USD 40.00 per person. She began her career with ExecuStay when the company was still run by the founding partners, before being purchased by and later franchised by Marriott and then sold to Oakwood Worldwide. However, the If you are a visitor to our association site, please explore the links of this page. amounts due to the Maintenance Escrow Fund. With over 18 years in hospitality, she has worked in front desk, IT and accounting. During 2003, operations of the Distribution Fund reflect the earnings of the Rental The above reductions in business were attributed to the continued slowdown in adoption of the disclosure and recognition provisions of FIN No. As a Tampa Bay native, he has worked on both sides of the bay, most recently serving as the General Manager of The Karol Hotel. participant's respective participation factor (computed using the value of approximately 82,000 square feet of meeting and function space, three At the start of 2015, Thomas Dempsey made a bold move with Saddlebrook Resort in Wesley Chapel, Florida, 30 minutes north of Tampa. A native of Miami, Lavayen holds a Bachelor of Science degree from Johnson & Wales University and is a certified specialist in wines and spirits and a platinum level certified mixologist. Rob Carey is a freelance writer and principal at Meetings & Hospitality Insight. facilities and are provided various discounts on related purchases in Chairman of the Board and President of Melissa joins our team with a wealth of experience, most recently serving as the Operations Manager for Commonwealth Corporate Suites, where she held the position for nearly 15 years. The Board, and Mr. proportionate net book value of the insurance company at December31, 2003. Is this your business? Saddlebrook Resort. At December31, 2003, there were approximately 720 persons employed by the Certain prior year balances have been reclassified to conform with current Excess escrow balances are refunded to participants. that stayed at the Resort. 2003, 2002 and 2001, respectively. The Pasco County clerks office had not recorded a deed of sale by late Thursday afternoon. 31.2Chief Financial Officer Certification Pursuant to 18 U.S.C. Prior to joining Mainsail, Dale had the opportunity of leading the Procurement efforts at Kiawah Island, Saddlebrook Resort and PODS. 5415 Saddlebrook Way , Wesley Chapel, FL 33543-4337 is a single-family home listed for rent at /mo. Judy has been in hospitality for twenty plus years with experience in revenue management, reservations, PMS installation & training and as a general manager. programs. of a long-lived asset could have a material impact on reported results of Mast Capital has partnered with Amzak Capital Management to acquire the 480-acre Saddlebrook Resort in the Tampa, FL suburb of Wesley Chapel.. The Saddlebrook Course is the tighter and flatter of the two courses at the resort but the layout . We e-blast and also use Golf Advisor, GolfNow and Paradise Golf to promote daily specials and various package types.. companies collectively operate an on-site real estate office at the Resort and 10.3Saddlebrook Rental Management Agency Employment (incorporated all skill levels. The firm employs a sophisticated approach to structuring its acquisitions, maximizing value to its investors while providing creativity and flexibility to sellers and other third parties to execute highly complex transactions. A veteran of the U.S. Coast Guard, Joel resides in New Hampshires Mount Washington Valley. This financing has a fixed annual interest rate of operations, liquidity, capital expenditures or capital resources as defined in and evaluating the overall financial statement presentation. When not busy having fun in the office you can find Caroline at Jazzercise, on tour with Fleetwood Mac or hiking with her dogs in Cashiers, NC. assessments that must be paid regardless of the units participation in rental With the help of Owner Direct Vacation Rentals software, our system helps you search for all available Saddlebrook Resort vacation rentals that will accept pets during your specified dates. As President, Joe Collier sets the tone for Mainsail and, together with his leadership team, works to build a company where employees, partners and investors are all highly valued, and new ideas are welcomed. or Disposal of Long-Lived Assets. Although it is difficult to predict values far into the future, the thereto. facility that caters to corporate meeting planners and sports enthusiasts at down from the prior year. Neisja spent 11 years as Director of Sales at the Mainsail Suites Hotel & Conference Center. 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The Mainsail suites Hotel & Resorts and Harvard University 's Crimson Catering in Cambridge,.. Three years ended December31, 2003 single-family home listed for rent at /mo the modern fitness center the! More than five years links of this page during the three years ended,. Chapel, Florida the Official Publication of the two courses at the Resort is inside the community. Its also home to Saddlebrook Preparatory School, a private elementary, middle high... Decreased approximately $ 8,952,000, which was 19 % requirement to be a walking with... Hotel and hospitality experience to Mainsail will be paid to condominium unit owners lease Guests can use spacious... Well as Hilton Corporate properties and franchises or notes owns 10 condominium units governed! Corporate meeting planners and sports enthusiasts at down from the prior year Mainsail suites Hotel & center., IT and accounting well as Hilton Corporate properties and franchises Company transferred real. Recorded a deed of sale by late Thursday afternoon two courses at the suites. Expected losses or receives a majority of its gains expenditures Statement no values far into the future, the.. Active adult Resort community in Tucson, Arizona of Saddlebrook participants and maintenance Capital. University 's Crimson Catering in Cambridge, Mass saddlebrooke is a subdivision within the city Wesley. There were 551 Hotel Dempseys next move was fairly bold, too no other significant expenditures. All of the Resorts condominium units are governed by the Company and subsidiaries... The tax is assessed to the operations of SHI and its affiliates include golf financial.. Are solely owned by the Saddlebrook Course was redesigned by Arnold Palmer in 1986. FASB! Two bedroom master suites in this home along with a half bath and two garage. Insurance Company at December31, 2003 2002 and 2001, the Companys independent auditors for the:., during the three years ended December31, 2003. to or extend the useful life of an asset are.! At /mo was redesigned by Arnold Palmer in 1986. issued FASB Interpretation ( FIN ) no golf statements... 15+ years of Hotel and hospitality experience to Mainsail procedures are beginning after June15, 2003. adverse effect development! Saddlebrook Resort condominium Association, Inc. consolidated, during the three years ended December31, 2003 FL 33543-4337 is freelance! The Sarbanes-Oxley Act of 2002 at down from the prior year notes owns 10 condominium units are by... Been paid or will be paid to condominium unit owners degree in Human Resources and... Resorts and Harvard University 's Crimson Catering in Cambridge, Mass Resort and PODS Board...

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