Note: This story was last updated at 10:50 a.m. Dec. 15.
Despite some opposition, the Oak Ridge City Council on Monday approved a $325,000 transfer for operations at Tennessee Centennial Golf Course.
About $225,000 of the transfer, a cash infusion, would be for outstanding accounts payable, including for expenses that include clothing in the pro shop, a management fee, fertilizer, and irrigation costs. Another $100,000 is operational funding for the winter, including maintenance of the greens.
It’s the first non-debt related transfer from the city’s General Fund to the Golf Course Fund since the golf course was built, Oak Ridge City Manager Mark Watson said. Separately, the city still owes about $3 million in debt-related bond payments on the golf course. It’s expected to be paid off in five years.
Oak Ridge City Council member Trina Baughn cast the only vote against the operating transfer. All six of the other City Council members voted “yes.” [Read more…]