04/24/2016
Turkey Creek Master Owners Association (“TCMOA”) is pursuing a relationship with a reputable golf management company to revitalize and re-open the golf course. To this end, the TCMOA, via the Leasing Committee and Negotiation Committee, have been in discussions with several management companies including one of the nation’s most prominent golf operators, Billy Casper Golf, LLC (www.billycaspergolf.com), to finalize a reconstruction and lease agreement for the course.
If selected, Billy Casper Golf, LLC and or its affiliate (“Lessee”) will re-open and operate the golf course as part of the Billy Casper Golf system. The TCMOA will continue to own the property, but Billy Casper Golf and the Lessee will manage and own the business of operating the course and its golf related facilities. The TCMOA is pursuing separate restaurateurs and caterers for operations of other clubhouse related services, which Billy Casper Golf has approved of.
Billy Casper Golf has provided the TCMOA with cost estimates to renovate and re-open the golf course in 2016. The sources of such funds are investment funding (Lessee), sale of a limited number of Platinum Memberships (target of 50 members) and operational income from pre-opening and annual memberships.
The potential partnership between TCMOA and Billy Casper Golf has created a unique situation for residents of the Turkey Creek community and surrounding area to participate in the revitalization and re-opening of the course. The ultimate success of the golf course reconstruction plan is dependent upon identifying a limited number of families (or individuals) that would be interested in purchasing a Platinum Membership. While all golf membership levels are valued and appreciated, membership at the Platinum level will be needed to help offset the upfront capitalization costs to open the course.
If you are interested in learning more about Billy Casper Golf and more specifically, about becoming a Limited Platinum Member please plan to attend an open house at the Turkey Creek Clubhouse on April 25th at 6:30pm. Additional details regarding the costs of Platinum Memberships and the other membership levels will be distributed by April 20th. In the meantime, please save the open house date of April 25th on your calendar. We look forward to seeing you there.
Visit Turkey Creek Master Owners Association online at http://www.tcmoa.com