Great News - today the Greater Boca Raton Beach and Park District unanimously passed a motion asking the City of Boca Raton to support the Park District in purchasing Ocean Breeze Golf and Country Club for $24 million.
The Park District has received and is reviewing a contract from Lennar Homes to purchase Ocean Breeze. The District hopes to have their due diligence completed by the next Park District meeting on February 21st. Funding for the purchase will come from an intra-local agreement between the City and the Park District. The sale of Ocean Breeze is separate from and would not be contingent upon Lennar being the successful bidder for the City's sale of the current municipal golf course.
Additionally, the Park District is in consultation with the Greg Norman Golf Academy to have a golf academy business operating on the property. At his time the Park District does not feel the course needs to be redesigned, just refurbished at a cost estimated to be $9-$12 million. Planning the refurbishment and incorporating a golf academy is anticipated to take about 18 months.
The deal is not finalized, but many thanks to all those who have supported the Keep Golf In Boca efforts to bring public championship level golf back into our city. The final deal may be agreed on at the joint meeting of the Beach & Park District with the City Council on Feb. 28th at 4pm at the community center--put this on your calendar!
This is a good news for all the members as well as who intend to become a member of the club. I hope that this deal gets finalised soon and we finally hear the good news.
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