Polk County golf club closes after year of bankruptcy proceedings, lawsuits
The ongoing battle over the future of a local golf club in Polk County continues.
Over the past year, bankruptcy proceedings, employee pay issues and lawsuits have plagued Bright’s Creek and now the court-appointed receiver, Marc Rudlow, has announced the club’s closure.
He sent out a letter Wednesday explaining the decision saying the hope behind the bankruptcy was to generate viable bidders, but it didn’t pan out.
Because of those proceedings and several new lawsuits, he says there’s no funding to continue operations.
“The golf course will be winterized and a reduced staff will be retained for the maintenance and oversight of the property. The members will not be charged dues until the Club reopens,” the letter reads in part.
There are also people who live at the site and are not members of the golf club.
One homeowner who didn’t want to be identified discussed his concerns.
“The concern is that the few property owners here will have to take on the burden of the homeowner’s association which we have been doing. And we would hope that there would be more owners or more buyers come in so that would lessen our requirements in the homeowner’s association,” he said.
He said there are about 37 homes in the community and about five people live there full time.
He said without the golf club, property values will decline, which they’ve already done since he bought his home in 2008.
“The current developer has made no headway whatsoever in the last four years of ownership of this place and I would think it’s time for them to move on and a new developer to come in with fresh ideas and funding,” he said.
Rudlow closed his letter by remaining hopeful and optimistic.
The letter reads, “I am hopeful that this closure will be temporary and that in the coming year the Club will find itself under new ownership, which will be able to develop and successfully manage the property in years to come.”