Marty, keep telling yourself that story. 

Pure speculation, but I suspect, with what is now going on with the Ocean Pines golf course, most association members would refer OPA ownership.

And, of course, that $1,684,548.00 in loses includes depreciation. Now, as the course looks to be heading in the direction of profit after depreciation, that number may decline.

Regardless, selling that entire course would be a major mistake. The value in OPA owning that property far exceeds the loss you mention.

To place in perspective - that would be an average of $280,758 per year.

Translating to around $33 a year per association members.

I will pay $33 a year to maintain OPA ownership of that valuable property and amenity.