GOLF COURSE ENTERPRISE FUNDLease Purchase Contract • June 10th, 2008
In May 1990, the County entered into an agreement to lease certain land of the County to a golf course developer. The agreement, which expires April 30, 2030, require the developer to make a one-time payment to the County of $10 and to make deposits into various escrow accounts to pay for the construction of the golf course on the leased ground.