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Letter: Why invest in Beaver Meadow?


Wednesday, July 11, 2018

I was somewhat critical (Monitor letters, June 27) of Caitlin Andrews’s recent reporting of the Main Street project in her community center article, but she was spot on with her Beaver Meadow golf course article last month. She presented both sides of the problem along with full disclosure of revenues, expenses and memberships. The only thing missing was disclosure of whether city employees or officials receive any sort of discount or other benefit at the club.

Despite the projected losses that are funded by taxpayers, the Monitor published an editorial a few days later that actually supported the continued use of taxpayer funds to support Beaver Meadow and supported spending an additional $5 million-plus over the next 10 years in capital improvements.

The course is a business and should be run like one. No one in business would spend an additional $5 million on a golf course that has lost money for three of the past five years and is forecast to lose another $127,000 over the next two years without a marketing study that proved that the investment would generate a return on that investment and would raise the club to a profitable state.

The course has about 170 total members with 134 being Concord residents, out of a city of 40,000-plus. Frankly, it would make more sense to sell the property for low-cost housing that would attract more workers and families into the Concord area and remove this albatross from the taxpayers’ necks.

It’s time for the city to recognize that taxpayers are not account numbers but hard-working people and retired people, many of whom are struggling to exist on fixed incomes.

LES HALL

Concord