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Fore sale

Posted: Friday, Mar 28, 2008 - 10:43:52 pm PDT
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By BRIAN WALKER
Staff writer 
JEROME A. POLLOS/Press
Paul Wenig spots his tee shot from the first tee last fall behind the clubhouse at Prairie Falls Golf Course in Post Falls.

City, homeowners group pass on option to buy Prairie Falls golf course

POST FALLS -- Prairie Falls Golf Club is for sale for $6 million, leaving 242 property owners in limbo wondering whether they'll be viewing greens or more homes in the future and whether North Idaho will lose an option for affordable golf.

Owners of the 18-hole privately owned public course have said they are left with few choices after losing about $250,000 per year in recent years and facing a debt in "seven figures."

Both the city and the Prairie Falls Homeowners Association were recently approached to see if they were interested in acquiring the 120 acres in the north-central part of the city, but there were no takers.

"While the city sympathizes with the current plight of the Prairie Falls Golf Club, we are not in a position to acquire the course nor would it be a prudent use of taxpayer or impact fee dollars at this juncture," city administrator Eric Keck said. "We have a master plan for parks and recreation facilities that did not contemplate the city owning a golf course.

"This is an unfortunate matter that the residents find themselves faced with. The city just cannot do anything to financially bail the course owners out."

Keith Coultrap, one of the course's owners and spokesman of the group, could not be reached Friday for comment. He earlier said the course's five partners have no obligation to keep the property as a course.

A worker at the course said on Friday that golf play will continue for the rest of the year, regardless of whether it sells.

But, beyond that, it's unclear whether the property or a portion of it will remain a course or be homes in the future.

The site is zoned residential and is in city limits, but it is in a planned unit development and the course has operated under a special-use permit.

"We're pursuing all avenues right now to get the property sold, but it's preliminary to say which direction it's going to go," said real estate agent Rob Reagan. "It depends on the buyer and what their thinking is."

The course has been listed about a week, Reagan said.

"We're just starting to market it and we don't even have all the information yet," he said.

If the new owner wanted to construct homes on the site, they would be required to go through a development process that would include public hearings before both the Planning and Zoning Commission and the City Council.

And, if history is any indication, development is not a slam dunk in that area.

The City Council last year unanimously denied Quest Development's plan to build 10 three-unit condo buildings on the course's fifth hole on 3.2 acres at the northwest corner of Idaho and Poleline. The Planning Commission had recommended approval.

Additionally, if the developers were to close nine holes and propose additional housing units above the originally approved density, it would open up the PUD agreement, which would also require public hearings before the Planning Commission and the City Council.

"Either way, it would not be a simplistic process," Keck said.

All sides see the issue as litigation that's waiting to happen in regard to whether anyone will be able to develop on the property.

"This is a civil matter between the homeowners association and the owners," Post Falls Mayor Clay Larkin said. "I have explained that the city will not put on the black and white shirt and referee the issue.

"We will be happy to furnish copies of existing public documents as this moves ahead."

Larkin said the city cannot ask taxpayers to subsidize the project and bear the burden of a failing golf course. The city was also asked several years ago to buy the course when only the front nine were done.

"Certain business decisions were made a long time ago regarding more than 250 lifetime memberships that transfer with the title to land; those folks don't pay to play," Larkin said. "There are no plans for subsidy today or in the future. Case closed."

Keck said that while deeded golf memberships are a great benefit for the homeowners, they are a liability for the course or their successor since no new revenue can be generated from the individuals to help offset the costs of maintenance or capital improvements.

"For the city to entertain assuming this liability seems quite foolish," Keck said.

Furthermore, Keck said the city already has agreements through the original annexation to utilize the property for land application of treated wastewater and as such does not need to own the land for such purpose.

Kevin McCrink, president of the homeowners association, said homeowners can't pay $15,000 each to buy the course. He said not only the homeowners in the subdivision stand to lose with the possibility of lowering home values and greenspace if the course is developed, but it would be a blow to the entire community.

"One of the huge attractions to this area is affordable golf," McCrink said. "There's also high school and amateur tournaments held there. All those would go away.

"Clearly this isn't just an issue for our neighbors. I view (the course) as an asset to the entire city."

McCrink said some Prairie Falls residents have joined others in the Northridge community north of Prairie Falls to look at options to save the course, but no definite plan has arisen.

Another Prairie Falls resident, who did not want to be identified, said he believes there are enough hurdles that the course owners would have to go through to get the land developed that he believes the residents are safe. In addition, the $6 million price tag is outlandish, he said.

"The property does not lend itself well to development," he said. "But I don't envy the City Council's position no matter what it does (if the land is sold and a request is presented). It's a very contentious situation."

The Highlands in Post Falls is also facing financial woes and considering developing some lots to help the course survive. Owner Kirk Hill was proposing to allow 10 more single-family lots in five different locations, but the request was pulled from this month's Planning Commission agenda because the subdivision's covenants need to be changed before the request can be presented to the city.

The application will likely come back this spring or summer, said Brad Marshall of JUB Engineers, which represents Hill.


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Carl Spackler wrote on May 17, 2008 7:05 AM:

" I could care less - anyone that has a house on a golf course has more money than they need. Let them lose a little bit; it'll be good for the community as a whole. "

crimson nape wrote on May 16, 2008 8:12 PM:

" Sound like those who own homes on the golf course have been given the "birdie!" "

Mad Homeowner wrote on May 15, 2008 10:11 PM:

" A wonderful way to make a buck. Develop a Golf Course. Advertise and sell lots and homes for premium prices. Sell 250 lifetime memberships (thousands of dollars x 250). And then close up shop. "

Jeannie wrote on Mar 30, 2008 1:34 PM:

" Good comments all, yes!
from my hubby working on the inside of the Prairie golf course, as one of the maint.men, the owners have each taken far too high of a salary which is why they can now say they lost money. They took it from the course, skim off like cream, now it is in trouble.

I truly can't see MORE new homes being built, Kootenai County and Post Falls have a TON already sitting, never purchased, a surplus, and now we have a recession sneaking in.


I know the County and diff.cities around have been kicking out the mfd home parks for big business, and yes some more homes; stick homes make more tax dollars, but with a recession, some money (mfd.homes tax dollars) is better than NO money.


"

Dee wrote on Mar 29, 2008 2:25 PM:

" Golfer: I't's explained in this article. They have 250 life time memberships. That's people who can use the golf course as often as they like and pay nothing.
"

Cheshire Cat wrote on Mar 29, 2008 1:39 PM:

" Option #1 sell it to Marshall "Whatshisname", he'll buy anything. He can build $1,000,000 houses on it with private entry gates like at Black Rock. Then he'll have a pair of albatross! One to s**t on, the other to cover it up! Option #2 is to find every "tennis shoer" hack that plays golf and give it to them as a gift of the city of Post Falls. "Simplistic" Dr. Watson! "

And???????? wrote on Mar 29, 2008 11:17 AM:

" Someone please explain to me now...WHY do we need MORE golf courses here when some are failing already? Why don't the Chateau people or Powderhorn folk buy this and save themeselves from building a new one? "

Golfer wrote on Mar 29, 2008 11:01 AM:

" It would be cheaper for the owners to suck it up, raise the annual pass, and daily green fees, than to pay hundreds of thousands of dollars in lawyer fees when the homeowners get together and sue to stop any development. What about the homeowner rights?
This is the busiest golf course in the area. How can they be losing money? "

gw wrote on Mar 29, 2008 10:33 AM:

" who cares "

No way wrote on Mar 29, 2008 9:04 AM:

" 6 Mill for some dirt and grass? Its got 18 holes in it. Its just not worth it. "

dfromid wrote on Mar 29, 2008 7:50 AM:

" this is sad to hear, prarie falls is a great golf course. Darrel and keith are super guys. If i win the lotto tonight i will buy it. but no new houses. "

Mark India wrote on Mar 29, 2008 7:33 AM:

" I'm sure Coeur d'Alene's Lack of Clarity Development Corporation (LCDC) would be happy to use a "Sayler Shoestring," annex the golf course, and use taxpayers money to bail them out. "

peter haskett wrote on Mar 29, 2008 6:49 AM:

" city administrator Eric Keck's quotes in this story are hilarious.

why say "simple" when you can say "simplistic"? Also check out "...nor would it be a prudent use of taxpayer or impact fee dollars at this juncture." listen Eric, we are uneducated hicks here. It's ok to say "not a good use of our money" and we won't judge you for using simplistic words.

"

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