The Oak Ridge City Council last week approved a $175,000 settlement to resolve a dispute between the city and Billy Casper Golf Management over the termination of the agreement to manage Centennial Golf Course.
The city owns the golf course, which is in east Oak Ridge. The city notified Billy Casper Golf Management in October 2017 that it was going to terminate the management agreement “for cause,” Oak Ridge City Attorney Ken Krushenski said in a memo to Council. But Billy Casper Golf Management contested the termination of the agreement, and the company’s attorney claimed that the city owed more than $520,000 in termination fees, Krushenski said.
The two sides negotiated, and the management company accepted the city’s offer of $175,000 to settle all claims, Krushenski said.[Read more…]