Quote:
Originally Posted by heims01
HOLDOVER?
The inclusion of the executive course trail fee with the priority membership was a holdover from the days when the developer owned all the courses - championship and executive, the majority of executive courses are now owned by the SLCDD and the VCCDD.
So why does not "THE DEVELOPER" contribute that portion of the priority membership to maintaining the executive courses or reduce the cost of priority membership accordingly? Did priority membership fees go down when the ownership of the executive courses went to the SLCDD and the VCCDD ? Did Amenity fees go up?
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Answer - the trail fee as part of the priority membership is a complementary gift made by the developer to entice membership without any cost to the developer. In fact this move may decrease the desire for priority membership and possibly create the need for an increase in membership fees.Thus any giving money to the executive courses or reducing the price of priority golf is a loss in revenue to the developer. There is no extra money of a trail fee baked into the revenue stream on a championship course. Any give away = a loss. One can argue that the developer had no right in giving away what was not theirs to give away.