Golf club�s $20 million price too high for city - January 10, 2005

Mail Tribune (Medford, OR — Wayback)

2005-01-29

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53 °F Forecast | Road Cams Friday, January 28, 2005   Today's News | Classifieds | Autos | Homes | Jobs | Tempo | Health | Community | Home Delivery   SECTIONS Home Page Local News Sports Business Obituaries   Life   Opinion - Politics   Tempo   AP News   Weather   Classified   Archives   Site Map   SPECIAL SECTIONS   Since We Asked   Outdoor Journal   Menu Guide   How To Guide   Wellness Connection   Readers' Choice   Real Estate Showcase   Real Estate Guide   Joy Magazine   Homelife Magazine   Wedding Guide   Passport to the Rogue Valley   EXTRA   Newspaper in Education   Personals   Movie Times   TV Times   E The People   Volunteer Opportunities   Moving to Southern Oregon?   MARKETPLACE Find a Car Find a Home Find a Job Classifieds Place an ad  eSouthernOregon Automotive Communities   Entertainment   Publications   Recreation   Calendar   CUSTOMER SERVICE Frequent Questions Advertising Information Home Delivery Employment Contact Us Media Kit   Network Affiliate Oregon Road Conditions & Cams Email Story to a Friend January 10, 2005 Golf club’s $20 million price too high for city Medford considered making Cedar Links a municipal course By MEG LANDERS Mail Tribune After learning of a $20 million price tag for Cedar Links Golf Club, the city decided Thursday not to pursue purchasing it after all. "We don’t want to hinder our other programs that we’re working on," said Medford City Councilman Skip Knight during Thursday’s noon council meeting. In November the council asked city staff to look into buying Cedar Links to turn it into a municipal golf course when area neighbors submitted a 75-signature petition to the council. Cedar Links’ owners announced plans in October to develop the 122-acre, 18-hole golf course into roughly 460 residences plus several commercial buildings. The golf course, owned and managed by three generations of the Jantzer family for 32 years, would become Cedar Landing. Many neighbors have said they built or purchased their homes specifically because they faced the golf course, and have been seeking alternatives to the development. Advertisement City Manager Mike Dyal told the council Thursday he met with the Jantzer family and staff determined the purchase of the golf course, which the family priced at $20 million, would require the city to take on annual debt payments of $1.7 million. Dyal said the purchase would have a drastic impact on projects and services the city already has lined up. Councilman Knight said with everything else on the city’s plate, including the new sports park, the Carnegie building and the Santo Center, taking on the golf course "is strictly out of the realm of possibilities." The rest of the council agreed, although Councilman Jason Anderson agreed reluctantly. "I’m disappointed with the numbers," he said. "As someone who lives in that neighborhood and golfs at that golf course, it would be nice to preserve that as a golf course." Project planner Dennis Hoffbuhr has not yet submitted plans to the city for Cedar Landing. Reach reporter Meg Landers at 776-4481 or e-mail [email protected] Mail Tribune Home Local News  | Sports  | Business  | Obituaries  | Life Opinion - Politics | AP News | Archives  |  Site Map   E Southern Oregon  | Classified   Copyright © 1997-2005 Mail Tribune. All rights reserved. Privacy Policy | Terms & Conditions Website Feedback   ADVERTISERS A D V E R T I S E R S SPECIAL SECTIONS Auto Finder Job Finder Home Finder Joy Magazine Homelife Magazine Tempo Readers' Choice Real Estate Showcase Since We Asked Outdoor Journal Moving to Southern Oregon? Volunteer Opportunities Student Loan Consolidation Conference Calls - $50/Month Home Security Systems Trunks, Footlocker, Trunk, Footlockers