The recreation facilities to be purchased include five executive golf courses, 28 swimming pools, recreation centers, pitch and putt courses, softball fields and dog parks.
I understand that the amenity fees will then be paid to the buyer. But how much is that worth?
The buyer gets a steady stream of income but are the golf courses, pools, and rec centers profitable? I was under the impression that in a good year they might break even.
Would anyone want to buy it?
Would a private company be allowed to place a bid? ?
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