The Middle Smithfield Township Board of Supervisors recently unveiled bids for the Country Club of the Poconos, with a standout winner emerging from the pool of contenders.
Key Bidders and Bids
Bids were submitted by prominent individuals in the industry, including Ryan Schmidt of Rise Select, Amit Patel of AMBE Hotels W Falls LLC, Sebastian Rametta of OPUS Partners LLC, and La Chiesa LLC.
Rise Select secured the highest bid for the public golf course at $1 million, along with a buyer’s premium of $100,000, resulting in a total purchase price of $1.1 million.
Other notable bids included AMBE Hotels W Falls LLC at $786,363.64, OPUS Partners LLC at $751,500, and La Chiesa LLC at $667,979.09.
Historical Context and Acquisition
The acquisition of the golf course dates back to February 2010 when Middle Smithfield Township obtained it, along with 400 acres of undeveloped land and two development roads, through a strategic deal. This deal involved the township receiving the property for free after purchasing 176,000 gallons of unused sewage treatment capacity for $2 million.
Reflecting on the significance of this development, Board of Supervisors Chairperson Annette Atkinson emphasized the collaborative efforts that have fueled economic growth in the region. She expressed gratitude for the support received and highlighted the confidence developers have shown in the township.
Community Impact and Future Plans
Attendees at the meeting, including representative Ryan Schmidt, expressed enthusiasm about the potential for the golf course and surrounding areas. Schmidt affirmed the intention to maintain the property as a golf course and underscored the positive interactions experienced thus far.
Additionally, Sebastian Rametta of OPUS Partners LLC praised the supervisors and township team for their professionalism and expressed optimism about future collaborations.
Atkinson emphasized the benefits of new development, citing job creation and increased revenue streams that would benefit local services and taxpayers alike. She highlighted the potential for reduced tax burdens and enhanced community services resulting from the development.
By: Max Augugliaro
Title: Middle Smithfield Township Board of Supervisors Reveals Winning Bid for Country Club of the Poconos
Sourced From: golfweek.usatoday.com/2024/06/24/top-bid-pennsylvania-golf-course-poconos-1-million-dollars/
Published Date: Mon, 24 Jun 2024 21:00:10 +0000
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