The management company has been a longtime partner to the Southport, N.C. community, managing its 81 holes of golf and four distinct club facilities for the past 12 years. The ownership transition is scheduled to take effect February 1.
The Edwards, Colo., property earned the honor through Troon’s annual awards. Brian Kelley of Manchester Country Club in Bedford, N.H., won “General Manager of the Year” and Jeff Cathey of Tiburón Golf Club in Naples, Fla., earned “Superintendent of the Year.”
In a letter published in The Wall Street Journal to respond to its report on the Internal Revenue Service’s successful challenge of tax breaks claimed by St. James Plantation, the CEO of the National Golf Course Owners Association contends that many courses properly meet the easement requirements and that the industry shouldn’t be singled out for scrutiny.
Golf courses have accounted for some of the more contentious cases over the tax breaks, which allow people to claim a charitable deduction for giving away the right to develop land. Last month, the Internal Revenue Service won a challenge to a claim by two St. James Plantation golf courses in Southport, N.C., to receive nearly $8 million in tax breaks, with the judge noting that “patches of native vegetation and wildlife don’t justify seven-figure tax breaks.”