Oak Ridge Today

For members: City makes last debt payment for golf course as revenues increase

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Part of Tennessee Centennial Golf Course in east Oak Ridge is pictured above on Wednesday, June 2, 2021. (Photo by John Huotari/Oak Ridge Today)

The City of Oak Ridge made its last debt payment for Tennessee Centennial Golf Course in east Oak Ridge on Tuesday, and monthly revenues increased at the golf course last year and are up significantly so far this year.

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Oak Ridge, TN 37831

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Part of Tennessee Centennial Golf Course in east Oak Ridge is pictured above on Wednesday, June 2, 2021. (Photo by John Huotari/Oak Ridge Today)

The City of Oak Ridge made its last debt payment for Tennessee Centennial Golf Course on Tuesday, and monthly revenues increased at the golf course last year and are up significantly so far this year.

Oak Ridge Today had reported in late 2015 that the city still owed about $3 million in debt-related bond payments on the golf course, and it was expected to be paid off in five years.

Part of Tennessee Centennial Golf Course in east Oak Ridge is pictured above on Wednesday, June 2, 2021. (Photo by John Huotari/Oak Ridge Today)

The City of Oak Ridge made its last debt payment for Tennessee Centennial Golf Course in east Oak Ridge on Tuesday, and monthly revenues increased at the golf course last year and are up significantly so far this year.

The rest of this story is available if you are a member: a subscriber, advertiser, or contributor to Oak Ridge Today.

Already a member? Great! Thank you! Sign in here.

Not a member? No problem! Subscribe here:

Basic

Pro

Temporary

If you prefer to send a check, you may do so by mailing one to:

Oak Ridge Today
P.O. Box 6064
Oak Ridge, TN 37831

We also have advanced subscription options. You can see them here.

We also accept donations. You can donate here. A donation of $50 or more will make you eligible for a subscription.

Thank you for reading Oak Ridge Today. We appreciate your support!

Council to discuss new ‘city blueprint,’ golf course, building moves on Tuesday

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The Oak Ridge City Council is scheduled to discuss on Tuesday evening a new long-range development plan, or “city blueprint”; the city-owned Tennessee Centennial Golf Course; and moves of the administrative offices of the Oak Ridge Recreation and Parks Department and the Oak Ridge Senior Center. The Tuesday evening meeting is an Oak Ridge City Council work session. It starts at 6 p.m. Tuesday, January 17, in the Multipurpose Room at the Central Services Complex on Woodbury Lane. See the agenda here. Learn more about a January 26 kickoff meeting for the city blueprint here. That’s a public meeting that starts at 4 p.m. at High Places Community Church in Grove Center. [Read more…]

Council approves $120,000 for city-owned golf course

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Centennial Golf Course Dec 10, 2015

The Tennessee Centennial Golf Course is pictured above in Oak Ridge on Thursday, Dec. 10, 2015. (Photo by John Huotari/Oak Ridge Today)

 

The Oak Ridge City Council agreed in a 5-2 vote on Monday to provide $120,000 to continue operating the Tennessee Centennial Golf Course, which the city owns in east Oak Ridge off Edgemoor Road.

The request this year was smaller than it was in 2015, when Council approved a $325,000 transfer, but the golf course is still short of money needed to operate, despite all marketing efforts, Oak Ridge City Manager Mark Watson told City Council members in a memo before Monday’s meeting.

Most of the $120,000 in funding—or $70,024 of it—will be used for accounts payable. The rest will be used for cash flow and salaries, Watson said.

“The slow winter season now requires funding to pay necessary costs and salaries through the winter quarter (January-March 2017),” Watson said. [Read more…]

City Council to consider $120,000 for golf course

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Centennial Golf Course Dec 10, 2015

The Tennessee Centennial Golf Course is pictured above in east Oak Ridge on Thursday, Dec. 10, 2015. (Photo by John Huotari/Oak Ridge Today)

 

The Oak Ridge City Council on Monday will consider approving $120,000 to continue operating the Tennessee Centennial Golf Course in east Oak Ridge off Edgemoor Road.

The request comes about one year after Council approved, in a 6-1 vote, a $325,000 transfer for operations at the golf course. About $225,000 of that transfer, a cash infusion, was for outstanding accounts payable, including for expenses that included clothing in the pro shop, a management fee, fertilizer, and irrigation costs. Another $100,000 was operational funding for the winter, including maintenance of the greens.

The request is smaller this year, but the golf course is still short of money needed to operate, despite all marketing efforts, Oak Ridge City Manager Mark Watson said in a Wednesday memo to City Council members.

“The slow winter season now requires funding to pay necessary costs and salaries through the winter quarter (January-March 2017),” Watson said.

Most of the $120,000 in funding—or $70,024 of it—would be used for accounts payable. The rest would be used for cash flow and salaries, Watson said. [Read more…]

City to discuss power interruptions in east Oak Ridge on Monday

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City of Oak Ridge Seal

Oak Ridge municipal staff members will discuss short power interruptions, or “blinks,” that have occurred in parts of east Oak Ridge in the past weeks during an informal meeting on Monday.

The meeting is scheduled from 4:30 to 5:30 p.m. Monday, December 21, at the Centennial Golf Course Clubhouse.

“The purpose of the meeting will be to make information available to residents and other interested parties regarding a series of short power interruptions, or blinks, which have been occurring in the area for the last several weeks,” a City of Oak Ridge press release said.

The areas that have been affected include: [Read more…]

Council to consider $325,000 for operations at Centennial Golf Course

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Centennial Golf Course Dec 10, 2015

The Tennessee Centennial Golf Course in Oak Ridge is pictured above on Thursday, Dec. 10, 2015. (Photo by John Huotari/Oak Ridge Today)

 

The Oak Ridge City Council on Monday will consider a $325,000 transfer for operations at Tennessee Centennial Golf Course. If approved, the operating transfer would be 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.

About $225,000 of the transfer, a cash infusion, would be for outstanding accounts payable. Another $100,000 would be operational funding for the winter, including maintenance of the greens.

The General Fund would still have a balance equivalent to two months of operations after the transfer, Watson said in a memo to City Council members.

Watson said the golf course was affected by several factors this past year, most notably weather. [Read more…]