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Tuesday, June 6, 2017

A SOUTH STRAND NEWS ARTICLE ON THE GOLF COURSE

THE WEDGEFIELD EXAMINER HAS COPIED AND REPRINTED THE FOLLOWING TO THE BEST OF MY ABILITY.  GAPS ARE CAUSED BY PICTURES IN THE ARTICLE NOT PRINTING.  THE CONTENT IS WORTH YOUR TIME SPENT READING.
County considers purchasing Wedgefield Golf Course
         By Tommy Howard news@southstrandnews.com Jun 5, 2017 Updated 10 hrs ago (5)
        
        
        





Before Wedgefield Golf Course closed, the First Tee program held weekly clinics and its annual tournament on the course. 





         Tommy Howard/South Strand News
Wedgefield residents packed the Family Worship Center to capacity June 1 for a meeting about the golf course.





         Tommy Howard/South Strand News
Wedgefield residents sign petitions indicating their support of Georgetown County purchasing the golf course. 


         



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People living in the Wedgefield community north of Georgetown have their homework cut out for them.
About a year ago, the golf course at Wedgefield closed. The course, pool, Manor House clubhouse and other amenities are now owned by a bank, and Georgetown County is considering whether or not to buy them.
During a February planning retreat, Georgetown County Council directed Brian Tucker to look into a possible purchase of the golf course.
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Tucker, director of Economic Development for the county, has been looking into the various amenities.
After several months, with various rumors circulating about the golf course, Tucker asked for a meeting with all interested property owners in the Wedgefield community.
Several hundred people came out June 1 for a meeting at the Family Worship Center on Wedgefield Road.
Roger Armistead, who heads up an ad hoc committee formed to arrange the meeting, told a capacity crowd, “We’re here to listen to Brian Tucker … He will tell us what’s going on about the purchase of the golf course.”
The bottom line is, the county buying the golf course is a definite maybe.
Tucker said several interested parties have come out to look over the various amenities. One group was to visit Wedgefield Friday, in fact, with engineers, a brick mason and others to help in performing due diligence for that private group.
If a business group or partnership is interested and decides to purchase the golf course and other amenities from a bank that foreclosed on the property, then the county would step aside.
Tucker told the crowd that he likes to play golf, and he enjoys it, but he’s not one who would be able to manage a golf course.
On the other hand, if that particular prospect or some other party does not buy it, the county would consider stepping in.
If that were to happen, he explained, a likely scenario would be the county would buy the property, put it out to bid for a company to manage the golf course, and work to get it in good shape to make it into a public golf course open to the general public.
This is where the homework assignment comes in to play.
Benefits and downside
Tucker said a number of Wedgefield residents have talked with him or sent him e-mails about the property.
“We absolutely understand both the direct and indirect benefits of the course to be operational,” he said.
Local high school golf teams have had difficulties finding a place to play. Also, the First Tee program helps youngsters learn about golf and it also incorporates a number of life lessons into the program.
“Recreational opportunities are a benefit” as well.
“I can promise you, we have looked at the direct and indirect benefits.”
“We also realize,” he continued, “there are some downsides.”
Tucker said those include the cost to buy, fix up and operate the golf course and the other amenities. Operations and Maintenance expenses are unknown, he added.
“We try to be careful in spending your tax dollars. We believe we could purchase the golf course for about $700,000,” he said. "Renovations would be expensive. We have been told a range from $300,000 up to $1 million. You could get it playable for $300,000.”
“If you go to the opposite end of the spectrum at $1 million, it would look great and everybody would like it," Tucker said. "We can operate it for about $500,000 – but it would not be the showplace you want it to be.” To do that would take more money."
Income and revenues
“We estimate between actual rounds and memberships, that there would be between $400,000 to $700,000 per year in revenues - all of those are big spreads," Tucker said. "We do not know right now, the purchase, operational cost and revenue. We anticipate a $200,000 to $300,000 deficit per year for three to five years ...
“I think this course is a phenomenal asset,” he told the crowd.
Step back
“As a local government, we really have to take a step back," Tucker told the crowd. "Is there a role for us in operating a golf course? The core function of government is to do things the private sector cannot do. We are very leery about pushing into private sector business. Also, our charge is to take into consideration the best interests of our local residents ...
“I am not saying we will not buy it. We want to give the private sector the opportunity.”
What’s next?
“Let’s go forward, say several months, if the real estate agent tells us no one is going to buy it. Then still, we have to pay for it, figure out how to operate it,” Tucker said. "As far as I know, there’s nobody I know in county government that has ever run a golf course. If I were to make a recommendation to my bosses, I would say we buy it, and bid it out to find someone with a track record to operate it. If we do that, still, how do we deal with it? There’s a potential loss for several years. The only thing that makes sense, is the community has to buy into it ...
“For it to work, and for the county to pursue it, there’s going to have to be a financial commitment from Wedgefield property owners.”
Do the math

There are about 500 property owners in Wedgefield, Tucker said. If you figure an estimated $250,000 loss per year, “that’s $500 per property owner per year for as long as it takes to make it profitable.”
“There’s two ways to approach that – a homeowners assessment or a special tax district,” Tucker said.
For the second way, “you come to us, say you want to do this.”
Part of that process would be determining such things as whether people who live on the golf course would pay a higher fee than those who have property further away from the golf course.
Later, someone asked about a fee for an undeveloped lot.
For all of that, Tucker said, it would be up to Wedgefield residents to come up with a plan that they can agree upon.
“If the county owns it, it has to be available and affordable to other residents of the county.”
He pointed out that Wedgefield property owners could potentially play a round of golf for $25, for example, while a non-Wedgefield golfer would pay $30 or more per round of golf.
This is where the homework for the Wedgefield residents comes into play.
The right questions
“The thing we’re doing right now, we’re trying to ask the right questions and come to the right conclusions," Tucker said. "We think there is considerable private sector interest. I would be happy right now if somebody would show up and buy the golf course."
Under South Carolina law, setting up a special tax district would require that 75 percent of the property owners would have to agree on a petition to the county, with requirements set out with the fee structure included.
“The solution is not simple, it’s not easy, and it’s not fun. It’s just the unpleasant reality,” he said. “I like simple. Simple does not exist right now.”
Tucker stressed that whether the private sector or the county buys the golf course and other amenities, “the Wedgefield property owners will have to support it in order to make it work.”
After a series of questions from the audience, Tucker asked people to sign a paper indicating their support of the county buying the golf course and related amenities. He assured people their signatures are simply to figure out the level of support. They carry no legal weight, he said.
“I legitimately am trying to figure out where we are on this,” Tucker said. “Within this neighborhood, you are going to have to get real and honest with each other and reach decisions.”