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Thursday, May 2, 2024 |
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$1.6 Million Weatherwax Deal |
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Stanky
MUSA Resident Joined: Jul 04 2011 Status: Offline Points: 193 |
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SJ, are you referring to course director Tieman making over $70,000 when there are golf pro's half his age making half that money?
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spiderjohn
Prominent MUSA Citizen Joined: Jul 01 2007 Location: United States Status: Offline Points: 2749 |
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My favorite public course anywhere
A local gift and treasure given away like just another decayed structure in the area formerly known as our downtown. Another bad decision by Council/Admin, which was plagued by a non-workable employee pay structure imo. |
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John Beagle
MUSA Official Joined: Apr 23 2007 Location: Middletown Status: Offline Points: 1855 |
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Very sad day. I loved this course. I will try to get out at least once more before they close for good. The course is still in very good shape.
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sportsnut
MUSA Immigrant Joined: May 18 2007 Status: Offline Points: 36 |
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What a sad day. I no longer live in the Middletown area, but grew up on Mosiman road. Learned to play on that course and would play it whenever coming back to town. Lots of wonderful memories from that facility. This stinks.
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John Beagle
MUSA Official Joined: Apr 23 2007 Location: Middletown Status: Offline Points: 1855 |
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John Beagle
MUSA Official Joined: Apr 23 2007 Location: Middletown Status: Offline Points: 1855 |
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John Beagle
MUSA Official Joined: Apr 23 2007 Location: Middletown Status: Offline Points: 1855 |
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John Beagle
MUSA Official Joined: Apr 23 2007 Location: Middletown Status: Offline Points: 1855 |
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Bill
MUSA Citizen Joined: Nov 04 2009 Status: Offline Points: 710 |
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I thought maybe the new owner would retain an 18 hole course and develop the rest. But auctioning off all the equipment tells me the golfing is finished. What would go out there -- houses?
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John Beagle
MUSA Official Joined: Apr 23 2007 Location: Middletown Status: Offline Points: 1855 |
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So the whole thing is gone after this year?
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409
Prominent MUSA Citizen Joined: Mar 27 2009 Status: Offline Points: 1014 |
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http://myronbowling.com/Auctions/Weatherwax-Golf-Course-714C50.html?LayoutID=23 http://myronbowling.com/Auctions/Weatherwax-Golf-Course-715C50.html?LayoutID=23 |
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Every morning is the dawn of a new error...
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Alien
MUSA Immigrant Joined: Mar 21 2009 Status: Offline Points: 22 |
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I played golf at Weatherwax over the weekend - probably for the last time before it closes permanently.
It did not take long for the Myron Bowling to get his auction signs up. Check out the November 15th auction liquidation details at www.myronbowling.com. After the City paid off their debt and sale obligations, they received less than $100,000 out of the sale. Another example of great decision by Council. Pathetic leadership! |
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swohio75
MUSA Citizen Joined: Jun 13 2008 Status: Offline Points: 820 |
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I think the smarter option for the city was to keep 18 of the 36 holes and sell, subdivide the rest.
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acclaro
Prominent MUSA Citizen Joined: Jul 01 2009 Status: Offline Points: 1878 |
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It is predictable. The buyer said he would do what it required to make a profit. I'd say more 80/20 build houses, with a nine hole course, or 18, if an upscale development can economically be supported.
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'An appeaser is one who feeds a crocodile, hoping it will eat him last.' - Winston Churchill
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Bill
MUSA Citizen Joined: Nov 04 2009 Status: Offline Points: 710 |
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50/50? It sounds like there has been no significant change in public use of the course. Did they think there would be a giant increase..and why? It smells like a plan to turn the property into another use.
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spiderjohn
Prominent MUSA Citizen Joined: Jul 01 2007 Location: United States Status: Offline Points: 2749 |
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Will have to get out there
If it goes, this would be a huge loss/mistake imo Outstanding public facility that priced itself too low I belong to a nice private course(also seriously struggling), but still pay to play Weatherwax. I would really miss this place. The Weatherwax family is sad and disappointed. City should have given their gifted land back to them imo, and treated the family very poorly throughout this process. |
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John Beagle
MUSA Official Joined: Apr 23 2007 Location: Middletown Status: Offline Points: 1855 |
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Ed Richter of the Dayton Daily News is reporting that the $1.6 million sale of Weatherwax Golf Course closed last week, and the property has been transferred to its new owner, a Hamilton auctioneer who says there is a 50 percent chance that it will remain a golf course in 2015.
According to old reports the city is losing around $150k per year on the course not including a $250k annual debt payment for improvements done on fairways several years ago. City Manager Doug Adkins expects the sale will result in a savings to the city up to $400k/yr. When I last spoke to Dave Tieman, the golf pro/manager, he was neutral on if the course would open next year. Also the paper is reporting that revenues this year are on par with last year despite an increase in rounds played. I played out there last week and the course was in good condition. Personally I would feel a loss if Weatherwax was ever to close. |
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