Municipal Golf Course Sale

UPDATED: November 14, 2017

On November 14, 2017, The Boca Raton City Council approved Ordinance No. 5410 authorizing the sale of its Municipal Golf Course to G.L. Homes for $65 million dollars. The City may now enter into a sales contract with G.L. Homes. 

A closing date is estimated for 18 months but could be sooner, and proceeds from the sale will be deposited into a special fund until there is policy direction on how the money should be spent.   

In a public hearing on  October 24, 2017, G.L. Acquisitions Corporation and Lennar Homes, LLC, the two finalists who had delivered contracts and deposits to the City, each addressed the Council with final presentations. Ultimately, the City Council chose G.L. Homes and adopted Resolution 130-2017, officially selecting G.L. Homes as the purchaser. The City Council then introduced Ordinance 5410 authorizing the sale of the City-owned Municipal Golf Course to G.L. pursuant to the provisions of G.L.’s revised offer to purchase. To view the discussion and presentations click here and scroll to item 16. A.

 To view the presentation, discussion and adoption of Ordinance 5410, click here

UPDATED: October 11, 2017

  •  Two contracts for the purchase of the Municipal Golf Course have been received. (Compson Boca Argent withdrew its offer to purchase the golf course on September 27, 2017.) Staff analysis for consideration has not yet been prepared. The Boca Raton City Council will consider the proposed contracts during a public hearing at the regular meeting scheduled for October 24, 2017 at 6pm in City Hall Council Chambers.  
     


UPDATED August 25, 2017
Ordinance 5406 was introduced on August 22, 2017 specifying the terms and conditions of the golf course sale for the three final offers. 
Ordinance 5406

UPDATED May 3, 2017
Compson Boca Argent Revised Contract 05.01.17 (PDF)

Video of discussion of the sale of the western golf course at the March 28, 2017 City Council Meeting
Item 16 C, which was added to the agenda


UPDATED February 15, 2017 with additional supporting documents. See documents below.

Letters received prior to City Council meeting on February 14, 2017.

Greater Boca Raton Beach & Park District Letter 02.14.17 (PDF)

Lennar Revised Offer Letter 02.12.17 (PDF)


No action was taken at the workshop 1/23/17, as City Council will wait to receive more information from the Beach and Parks District before any decisions are made.
Powerpoint presentation (PDF) and see video of City Council Workshop from January 23, 2017.


Municipal Golf Course Update - 01.18.2017 (PDF)


Boca Raton Municipal Golf Course

The City of Boca Raton owns and operates the Municipal Golf Course located at 8111 Golf Course Road, in unincorporated Palm Beach County, west of the City. The Boca Raton Municipal Golf Course includes an 18 hole championship course and a nine hole executive course situated on 194 acres.

After receiving multiple unsolicited offers and letters of intent to the purchase golf course, the City asked for highest and best offers to be submitted by Friday, October 21, 2016 at 5pm.

(Municipal Golf Course Offer Requirements and Deadline Information - 09.29.2016 PDF)

Pursuant to a determination by the Palm Beach County Commission on Ethics, the cone of silence is applicable to the City’s consideration of offers in connection with a potential sale of the City’s western golf course.  The cone of silence commenced on the date of submittal of offers (October 21, 2016) and will continue in effect until the award of a contract (or the conclusion of this process, if a contract is not awarded).  The cone of silence prohibits communications between City officials (the Mayor and City Council and City staff members) and parties that submit offers (and their representatives).  The relevant cone exemptions are:  (1) discussions during a public meeting; (2) “written correspondence” between parties submitting offers (and their representatives) and City officials; and (3) contract negotiations between a City employee and a potential purchaser (at such time as a potential purchaser is selected by the City Council and contract negotiations commence).

The City is currently reviewing proposals received. 
Any questions should be communicated only in writing (e-mail is acceptable, send to:  [email protected]).

Offers received in response to Sept. 29, 2016 Offer Requirements memo above.  

City Staff Summary of Offers - 10.26.2016 (PDF)

City Council will consider the Offers at the City Council Workshop meeting on Monday, November 21, 2016. At regular City Council meeting on Tuesday, November 22, 2016, Council may make a selection based on determination in its sole discretion in the best interests of the City. City Council may elect to proceed, not to proceed, or take other action.

CLICK HERE to view previous offers and supporting documents.

On November 14, 2017, The Boca Raton City Council approved Ordinance No. 5410 authorizing the sale of its Municipal Golf Course to G.L. Homes for $65 million dollars. The City may now enter into a sales contract with G.L. Homes. 

A closing date is estimated for 18 months but could be sooner, and proceeds from the sale will be deposited into a special fund until there is policy direction on how the money should be spent.   

In a public hearing on  October 24, 2017, G.L. Acquisitions Corporation and Lennar Homes, LLC, the two finalists who had delivered contracts and deposits to the City, each addressed the Council with final presentations. Ultimately, the City Council chose G.L. Homes and adopted Resolution 130-2017, officially selecting G.L. Homes as the purchaser. The City Council then introduced Ordinance 5410 authorizing the sale of the City-owned Municipal Golf Course to G.L. pursuant to the provisions of G.L.’s revised offer to purchase. To view the discussion and presentations click here and scroll to item 16. A.

 

To view the presentation, discussion and adoption of Ordinance 5410, click here