If you want to:

  • Once again, reside in a country club community

  • Reinstate the deed restrictions

  • Eliminate unwanted commercial building

  • Rescue your falling property value 

Now is the time to act.  We must take ownership of the property in question.

 

August 27, 2010 Update

276 membership commitments

120 ownership unit commitments

May 3, 2010

We would like to update you on the plan to purchase and operate Atascocita Country Club. It is imperative that any future owner have a higher standard of quality and commitment than past owners have had. It is not our goal, nor will we entertain, operating a sub-standard country club; that has been done for far too long. With this in mind, we have met with two different golf course landscaping/architectural companies. These companies have done work for Augusta National, Redstone, River Oaks and Carlton Woods, just to name a few. Our immediate goal is to raise enough money to purchase the property from the current owner, deed restrict the property, and award a contract for the following repairs:

  • Re-grass all 27 greens on the course with one of the new hybrid grasses (TifEagle or MiniVerde).
  • Fumigate, level and sprig all 27 fairways with the most modern 419 Bermuda grass available today.
  • Level and sprig all tee-boxes.
  • Repair all bunkers on the golf course including drainage and sand replacement.
  • A short game facility located behind the clubhouse that includes a large practice green, bunker and fairway area. This location would also double as a site for outdoor weddings.
  • A putting green located near the driving range to replace the old one sold to QLS.

Not only will we have the best golf course around, with respect to course conditions, we will also have the most affordable country club in town for our community. Most everyone understands what that would mean as it relates to property values. We intend to post information on our web site from realtors and newspaper articles that describe this in more detail. The postings will not be speculation or hearsay, they will simply be facts. Many of you that have contacted realtors, or seen your neighbors' home go on the market, probably have an understanding of what those facts are.

Feedback on the original plan sent out in March was substantial and very positive. A common suggestion was for the plan to be more inclusive. As a result of those suggestions, we have made modifications to sell memberships and ownership units separately. Details of the membership opportunities may be found in the "Links" section below. These membership prices will only be available through opening day, at which time if you have not committed to a membership, the price will increase. As further incentive to commit to a membership, we are offering you the opportunity to lock in your dues for a three-year term. Our goal is to obtain commitments from enough members that will sustain a dues line to properly maintain a quality country club on a monthly basis.

With regards to ownership opportunities, we will be selling units valued at $15,000.00 each. We must raise enough money to purchase the entire 27 holes, clubhouse, cart-barn, and range; perform the major maintenance renovation of the entire course as previously detailed; purchase reliable equipment; pay taxes on and maintain the property until opening; as well as clubhouse improvements. Anyone can purchase as many units as they would like, and the ownership units are not tied to memberships as previously proposed. Therefore, you can own a unit without the obligation of a membership; you may also be a member without the obligation of ownership. The owners will be paid back in the form of dividends. A detailed business plan with actual numbers is forthcoming and will be presented in a meeting for those interested in ownership.

The companies we have consulted have said that maintenance renovation can begin this year after purchase of the property, and the course will be open for play in the fall of 2011.

To pledge membership interest and/or ownership interest, click here "Contact Us - Commitment Form" or on "Contact Us" at the bottom of this page to complete the form. You may e-mail Jimmy Spurlock for further information:  

jimmymspurlock@yahoo.com 

It is imperative that you submit your interest commitment so that an accurate list can be maintained. These pledges are not binding, but you need to respond so that we can determine if we have enough interest to proceed with the purchase and construction.

Links


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