At the City Council meeting last night (June 29, 2010) the City announced that to cover the $4.2 million in loans it has made to “keep the golf course in the black” it is now planning to “transfer” and possibly sell two pieces of City-owned property, according to a story in the North County Times.
Initially, the two lots were to be leased to golf-related businesses, but they have stood vacant since they were created. . . One parcel is about 5 acres and the other is about 7 acres. They sit on each side of College Boulevard on the eastern edge of The Crossings at Carlsbad course. . . Joe Garuba, who is handing the issue for the city, said after Tuesday’s meeting that there has been “some interest” recently in the properties, but declined to provide specifics about the negotiations. . . . “I’m not going to talk about who or what,” he said.
We have one question: How much of Carlsbadistan is this golf course going to eat up before someone puts a stop to it? The Lossings has already cost the City of Carlsbad nearly $70 million and now the City want’s to begin slicing off pieces of itself to pay for more?
If the City is going to sell anything to cover its golf course loans it should simply cut it losses and sell the golf course to Legoland. They can throw up a few block sculptures, create some Lego golf carts, call it the “World First Lego Golf Course” and charge $350 green fees.
We’re not usually in favor of privatization, but The Lossings has been a revenue suck for over a decade and the sooner the City gets out of it the better. Then the City can spend a tiny fraction of that money on things everyone will use like parks, swimming pools, and skateboard parks. . .
[Link: North County Times via VoteJonWantz]
{ 2 comments }
Something Wrong At The Lossings?
by The Editors on November 21, 2010
Apparently, $75 million just doesn’t buy the same quality golf course that it used to. It’s difficult for many to remain calm when discussing the horrific theft of public moneys that is The Lossings. How City Council members who voted for the golf course can in the same breath discuss a “coming public employee compensation disaster” is completely astounding. At this point we’d probably all be better off if the City sold the clubhouse to a chain restaurant, closed the golf course, and turned the land into a public park that everyone could enjoy without having to pay $80.
[Link: North County Times]
{ 6 comments }