Preserving the Residential Character of Boca Teeca

Saturday, July 30, 2016

Golf Course "Contingencies" in Lennar Offer

It would appear that the "contingencies" in Lennar's offer to buy the current city golf course (on Glades Road west of the turnpike) may simply be a maneuver by Lennar to quiet Boca Teeca residents who are being asked to trust them.  But, the primary contingency assumes that Lennar could obtain Palm Beach county approval (not guaranteed) which if that does not happen then residents of Boca Teeca find out 2-3 years from now that Lennar owns the Boca Teeca golf course and there is no deal.

Also, since the city already has higher offers for the current municipal golf course, there is no guarantee that the city council will accept a lower Lennar offer that includes the Boca Teeca swap.  The city normally has a process of requesting official offers. (RFP) on city owned assets they are planning to sell.  This process has not officially started even though they have allowed developers to have access to the city golf course for doing environmental testing via soil and ground water.  Thus is expected tests since it is common for south Florida golf courses to have excessive levels of arsenic (carcinogenic) in the soil and ground water.  This is also the situation on the Boca Teeca golf course which is currently required to be monitored on an ongoing basis by the Florida dept of Environmental Protection (FDEP).

Are Boca Teeca residents content for waiting for a deal that may never happen or take several years?

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