The city is in the process of buying the golf course after the club recorded more than $100,000 in debt and membership dropped from 210 to about 140. Once the purchase and annexation of five parcels are complete, likely to be effective by January 1, a new non-profit organization will operate the golf course.
The city of Garner, Iowa is moving forward with the annexation of the Garner Golf and Country Club into the city limits, the Mason City (Iowa) Globe Gazette reported.
The voluntary application for annexation was signed by the golf club’s Board of trustees. Club members approached the city this year about the possibility of buying the club after it recorded more than $100,000 in debts and declining membership, falling from 210 to about 140, the Gazette reported.
The annexation involves five parcels, according to City Administrator Randy Lansing. The city is in the process of buying the golf course. Once the purchase and annexation are completed, the course will be removed from the tax rolls, the Gazette reported.
The city also plans to add the course to the city’s tax increment financing district, Lansing said.
Both sides have agreed on a purchase agreement and operating agreement for a new non-profit organization that will run the golf course, the Gazette reported. But neither of those documents has been finalized, Lansing said.
Final approval is due at the City Council’s December 10 meeting. The purchase of the golf course by the city will be effective January 1. The club has been in operation for about 35 years, the Gazette reported.
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