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Old Posted Jul 30, 2014, 8:48 PM
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curnhalio curnhalio is offline
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Join Date: May 2013
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Quote:
Originally Posted by Keith P. View Post
Brightwood had the opportunity to purchase Grandview Golf Club a few years ago when the family that developed it decided to sell. It was available for a very reasonable cost but to my knowledge the Brightwood bunch never even seriously considered it. That was really their last best chance. Building a new course would cost something close to $10 million for the type of course a private club with members paying $2500 apiece per year demands, and they really don't have that kind of money unless the city wants to pay them what the property would be worth to a developer.
So, the city buys Brightwood out of the area, and then sells the land to a developer to cover the cost of the initial purchase. Brightwood would also have to have a piece of land available to re-build on. Does Gloria have any actual sway at this club or is she just a member that happens to have outside influence on what happens to the land itself?
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