According to the Sun Sentinel, a request for a third and final extension could push the sale of the closed Ocean Breeze Golf Course & Country Club by a public buyer way past the new year.
A letter sent Monday from the Greater Boca Raton Beach and Park District to property owner Lennar Homes sought a 30-day extension to Jan. 26.
All district five commissioners approved the move at a meeting Monday. “We’re trying to resolve this by Jan. 1 or the first week in January,” executive director and legal counsel Arthur Koski said before the vote.
A Boca Teeca resident pushing for the sale said afterward he’s not worried about another delay. “We’re just happy all the parties are cooperating, and there’s forward motion,” said Howard Chaffee.
In September, the city approved spending $24 million to buy the site at 5800 NW Second Ave. But the bond issue financing and an inter-local agreement haven’t come together.
Also according to The Sun Sentinel, The bond issue would require two city votes. And with only one city council meeting in December, there wouldn’t be enough time, Koski said. The city’s looking for “an appropriate lender who would have the lowest interest rate,” he added.
A separate deal for the vacant hotel parcel now seems unlikely. The district could buy it for $3.2 million and sell it. That option came up at the last meeting since a federal rule wouldn’t allow a commercial part of the deal under the city bond issue.
Koski said he checked with their bond lawyer and was assured they could still have a golf school and food service there. “Do you want a hotel on the site or to keep in public domain?” he said.
“I think the whole community would benefit, and we can have public events there,” said Commissioner Susan Vogelgesang.
There was a consensus but no vote on the issue. Koski said he would ask the city for the whole $24 million “to make sure the money is available.”
The district tabled the issue until they get feedback from the golf course designers and architects. A request for proposals’ deadline is Dec. 20. They expect to choose the firm by January, Koski said.