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3/19/2021 2:59:54 PM
 
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Section 5: OPA Board Subject: Pine Shore Golf Msg# 1116868
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Darn shame OPA didn’t buy that property, even if a referendum was required to do so. I think it was priced just under $2 million. If we had it now we could get rid of flood water over in that area of the Pines and not be left with an only viable solution of a $20 million or so pipe down Beauchamp Road. (My apologies. The amount a decade ago was $4 million, not $14 and the cost today was estimated to be around $8 million.)
Plus, we could now have sold any of that land not needed for our drainage purposed at a profit, or even held it for some future use. As you know, the bank/owner at the time did not accept the offer just under the referendum limit. In fact, your example might be evidence of case for not lowering the limit. |
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For reference, the above message is a reply to a message where: Tom: It has been even scarier. Around 2010 - 2012 a sitting board, behind closed doors, negotiated to purchase the Pines Shore Executive golf course. This boondoggle was exposed in a conversation at the bar at BJ’s on the Water in Ocean City. This particular incident might also be the single best argument for our membership to rein in board spending with the upcoming referendum. Apparently the offering price was decided behind closed doors and at an amount just under the spending threshold in order to avoid that pesky old property owners scrutiny. Marty |
| Calendar |
OPA Board Meeting - Golf Clubhouse
12/21/2024 - 9:00 A.M. 3 days or less away! |
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OPA Board Meeting - Golf Clubhouse
1/25/2025 - 9: A.M. |
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OPA Board Meeting - Golf Clubhouse
2/22/2025 - 9:00 A.M. |
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OPA Board Meeting - Golf Clubhouse
3/29/2025 - 9:00 A.M. |
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OPA Board Meeting - Golf Clubhouse
4/26/2025 - 9:00 A.M. |