Arrowhead Lake Association – Owner and Operator
of the Lake
Maintaining the Beauty of Arrowhead
The
Arrowhead Lake Association, founded in 1974, is the owner and operator
of the Arrowhead Lake, Burnt Mill and Tavern Beach Clubs, North Shore
Marina property and facilities, Reserve strips and their additions, and
Grass Valley Lake and recreational area.
Lake Arrowhead ALA was formed for
the purpose of acquiring Lake Arrowhead from Boise-Cascade Home and Land
Corporations (BCH&L) on behalf of all owners of Lake
Arrowhead property within the boundaries of Arrowhead Woods. The original
dam at Lake Arrowhead had been deemed unsafe and BCH&L were instructed
to either construct a new dam or lower the level of the lake by 70 feet.
The residents of Lake Arrowhead did not want the lake level lowered as
this would have a devastating effect on the Lake
Arrowhead real estate. BCH&L agreed to sell to the Lake Association
for $500,000 over 10 years on condition they promote the passage of a
public bond issue to fund the construction of the new dam. The bond issue
was passed by a 91% majority and the new dam known as the Audrey McKay
Dam which also forms the Papoose Lake was completed in 1977.
The purchase of Lake Arrowhead by Arrowhead’s Lake Association
included everything they own and operate today and BCH&L also gave
them $70,000 in start up capital along with a deduction of $50,000 if
the debt was repaid sooner. The acquisition of the sale of Lake Arrowhead was
completed in June 1976 for a total of $380,000.
In 1976 BCH&L also sold the Arrowhead Utility Company, a private
water company and Lake Arrowhead Community Services District (LACSD) was
formed to purchase this. If you would like more information about the
Association you can call 909-336-0983.
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