Should Cary Park District Buy Chalet Hills Golf Course?

Cary Park District Considers Purchase of Chalet Hills Golf Course

The Cary Park District is considering the purchase of Chalet Hills Golf Course in Oakwood Hills.

The grapevine has it they have tendered at least two offers on the property. If the property becomes owned by a unit of government, it will be removed from the real estate tax roles with the taxes distributed among the remaining property owners. 

How do you feel about this contemplated purchase?

What do you see as the benefits/detrimental results of such a purchase?

The next Cary Park District Meeting this Thursday, November 15th. You may wish to let your voice be heard.

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KJK November 15, 2012 at 08:45 PM
Living in Cary's current golf course community I can understand people living in the Chalet Hills community wanting some stability with the CH golf course. I think this is something that is likely influencing the Park District's interest in purchasing the golf course. With that said, there is a reason why CH is in bankruptcy, and I guess has been before. Assuming that this is not the result of mismanagement, the problem is demand. It doesn't seem to me that demand is going to magically increase as a result of the park district taking it over. On the surface, the risk and downside of park district ownership seems to outweigh the reward and community benefits. If the park district has a different point of view they should make their case more publicly. There aren't too many people I've talked to that think this is a good idea...in the face of that it likely is not in their best interest to shove this purchase down our throats. P.S. What happened to the plan to build a public facility at Cary Grove park?
KJK November 15, 2012 at 08:48 PM
Press Release: http://carypark.com/PDFs/12CHGCDiscussion.pdf
KJK November 15, 2012 at 08:51 PM
FAQs: http://carypark.com/PDFs/12CHGCCommonlyAskedQuestions.pdf
Michael Rein November 16, 2012 at 01:43 PM
The posted news releases are very nice, what they fail to mention is that when a piece of real estate becomes owned by a unit of government it is removed from the tax rolls resulting in the taxes being reallocated among the remaining property owners, automatically increasing taxes. As of November 16th, nearly 500 tax payers in the Cary Park District have signed petitions against the acquisition of Chalet Hills. It's time to pay off debt, not incur new debt. It's time to right size units of government. For thirty years (up until about three years ago that is) I have sold homes to families moving to Cary because of the reputation of the schools. NOT because we have publicly owned golf courses. We have plenty of open space, golf courses and private recreational facilities. It's time to reevaluate priorities, reform pensions, reduce levies and pay down debt. Real estate taxes have reached the point where they are now causing homes to not sell, or the taxes are a major contributing factor to lower sale prices.
Michael Rein November 16, 2012 at 01:52 PM
Comments from a member of the Park District Board "We have not increased our levy in twenty years..." HOGWASH! The "levy", or perhaps more correctly stated "taxes collected" automatically increased as real estate values rose. Now, although somewhere in the neighborhood of TWO DECADES of real estate value has been lost, the "taxes collected" remain based on the peak real estate values of 2006, this is not sustainable. As I speak with members of various boards and elected officials few understand (and I'm not claiming I do), how the system works. Bottom line, it's time to reduce levies, concentrate on essential services and sustainable programs, not fluff...


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