The Rumford, R.I., club filed for bankruptcy in January 2017, but The Nature Conservancy of Rhode Island’s recent $2 million purchase of development rights for two-thirds of the property has helped the club repay about $4.5 million in debt. Under the agreement, the land will be preserved from development, and the club will incorporate environmentally…
The Nature Conservancy Raises Money to Buy Cherry Valley GC
The environmental organization is more than halfway toward its $1.8 million goal to buy and transform the Stroudsburg, Pa., property into a nature preserve. Under the deal, the property’s 200 acres would become restored habitat for wildlife, but the golf course will remain open for business until the end of the season.
Timber Banks GC Donates 222 Acres to The Nature Conservancy
The Baldwinsville, N.Y., golf property donated a patch of land that includes a flood plain, forests and two miles of frontage along the Seneca River to the environmental group. The land contains birds that are declining in other areas of the state, including the blue-gray gnatcatcher, wood thrush and northern waterthrush.