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7 Devils and Committee to talk lease today PDF Print
Written by Lauren Ohnesorge   
Thursday, 28 June 2007 16:53

A committee formed to discuss the Golf Course property’s possible lease to the Town of Seven Devils is to present its findings today at 9 a.m. in the town chambers.

The property, owned by the Cottoms, has caused quite a bit of discussion among citizens who want the golf course to return to Seven Devils.

 

The plan currently in the works is for the Cottoms to lease the golf course property for six months in the summer and use it for expansions at Hawksnest Ski Resort during the winter. Lenny Cottom last estimated the lease to cost the town around $100,000 a year to cover the property’s mortgage. While he may temporarily cut the lease in half during the first couple years as the golf course prepares to reopen, Monday Cottom said he did not think the lease would be lower than $100,000 in the long run. He claimed the lease would be the smallest fraction of costs that include renovations, reparation of the drainage system and operation of the golf course. Cottom said the town should consider those costs before even thinking about a lease.

 

Both sides hope to know the feasibility of a lease, one way or the other, by the meeting’s conclusion today.
  
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