DAYTONA BEACH, Fla. — Over the past few years, the once lush emerald fairways on the two golf courses winding through the Pelican Bay neighborhood have been sprouting weeds, anthills and parched brown patches of grass.
The south course has been completely idled for more than three years, and while the north course still has golfers swinging clubs on it every day, it has slid into second-rate condition. Both courses are saddled with liens.
A Tennessee-based company called Golf Course Solutions is under contract to buy the two 18-hole courses, and the company’s leaders say they want to restore the top-tier quality of the Pelican Bay links and make them their flagship courses.
But Golf Course Solutions’ purchase and renovation plan rely on Pelican Bay residents to provide millions to make the deal possible.
If they don’t, the July 29 closing date will become the day the deal dies.
“Our success will be dictated by your participation,” Ed Nieves, who will be the operations manager of the Pelican Bay courses if his company buys them, told residents at a neighborhood meeting last week. “Our goal is to get everyone involved.”
The company wants 200 Pelican Bay households to each buy a $35,000 charter membership before the end of July. That would raise $7 million, enough to cover the $5.5 million asking price for the two golf courses and leave $1.5 million for property improvements and other expenses such as property taxes.
Golf Course Solutions also wants more homeowners in the 1,800-home community just south of Beville Road to buy less expensive memberships ranging from about $5,000 to $35,000. Residents who don’t golf have the option of buying a social membership to use the community pool and clubhouses.
The company even has a partnership set up with Truist Financial, ready and waiting for people who want to take out a loan to buy a membership in the next few weeks.
The other vital piece of their plan, company officials say, is that at least 97% of Pelican Bay households will need to let Golf Course Solutions take over their yard maintenance, and ideally their exterior home maintenance as well. The company also wants to take over maintenance of common areas of the 900-acre neighborhood, and get paid for all of the upkeep.
Golf Course Solutions wants to collect everyone’s lawn and tree maintenance fees so the money can be used to run the golf courses. Rocky Morgan, the company’s managing director, said he would match whatever…
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