setting the record straight
Eaglecrest Golf Course
There is misleading information circulating regarding the Town’s acquisition of the Eaglecrest Golf Course with the figure of $21.2 million being stated as the cost of the project. I would like to clarify that this figure is based on future council decision-making with significant community input.
The actual current cost is approx. $12.4 million, which is made up of the purchase costs, upgrades to the golf course, the servicing of eight lots to be sold and approx.
$1 million in contingency funds. Land sales (land acquired for about $65,000 an acre after donation) are to cover these costs, not tax dollars.
What I haven’t seen from critics is any mention of the anticipated return on this investment. If elected, I will advocate for an appropriate return during the upcoming lease negotiation for the Qualicum Beach Eaglecrest Golf Course.
Buying the Eaglecrest Golf Course was a bold decision by Council. I truly believe owning and controlling these lands is in the best long-term interest of the Eaglecrest neighbourhood and Qualicum Beach, like previous significant acquisitions including the Qualicum Beach Memorial Golf Course, St. Andrews Lodge & Saahtlam Park and the Heritage Forest.
I’m sharing the link to the Town’s Frequently Asked Questions related to Eaglecrest. The financial information is contained in the last two pages.