Estérel golf course closed

Several Access interviews in recent days have shown that the Estérel golf course is closed, despite the uncertainty and hope that emerged two months ago.

“The Stern brothers knowingly paid $4.5 million for the Estérel golf course (recreational zoning). We are up against experienced developers who are in no hurry and have one intention. You don’t pay that price to close it up for nothing: you buy it to develop it. But With me there will be no development under my rule.”

In these terms, the mayor of Estérel, Mr. Frank Pappas, responded to the citizens, during an extraordinary meeting focused mainly on the fate of the famous 18-hole stadium, on May 6.

On April 5, a press release was issued to inform residents that golf was changing, moving from the control of Hong Kong citizens (Jonathan Chan and Jason Sze) to the control of local developers (Richard and Derek Stern). Since then, rumors have circulated: greens dismantled from the course, employees not being rehired, locals ready to buy the golf course, a new 9-hole project, possible real estate development, etc.

“There is no development. It was a private entity that bought, and we have no control over it. We are not in a communist country here. You cannot force anyone to open the golf course. But I have reasonable grounds to believe that the Estérel golf course will not open. At the same time, I will not Our wool is devoured from our backs by property developers,” Pappas told me in his usual colorful language.

Refunds

Other stories suggested that the golf course might have to compensate the city for tax cuts granted over the past 10 years.

“Golf courses are open to the public through an advantageous tax system, in accordance with Section 211 of the Municipal Tax Code. But when the building ceases to be used as a golf course, the owner must reimburse the municipality the difference between the taxes paid and the taxes which would normally have been paid in the absence of this system, up to a maximum of ten “But the Sterns are playing on it, saying it was closed before they took possession of it,” a source familiar with the law and the file explained.

Other reliable sources have confirmed that golf staff have since found work elsewhere for this season.

As for the vegetables on the path, some of the straw has been removed, but others are still covered and are in danger of deteriorating, as the lawn cannot currently be regrowth and preserved.

Job loss

The first judge wants to save the local gem, which opened in 1963.

I sympathize with those who lost their jobs. I am not a fan of discipline, but golf is part of the soul and essence of the municipality. If you came to us with an 18-hole project, something out of the ordinary, we’d all be listening. Then the residents and the council decide. There are philanthropists in Quebec, such as Desmarais and Bronfmans, who give back to the community. Golf is the tree in the local garden, which bears fruit. You never get rid of it. It is part of our being, of our DNA. There is nothing to worry about: the zoning of the golf course will not change and there will be no real estate development during my tenure,” he assured the audience and listeners present online.

Mr. Pappas emphasized that the additional analysis allowed him to get an overview of what could happen.

“If there is an environmental problem, we will have jurisdiction to act. But it is so far clean (legal). I hope awareness will spread. If the golf course stays closed, its value will go down, and so will the surrounding land, I think.”

Me Pappas admits that he was approached by local investors to purchase the Estérel golf course. “It’s interesting, but everyone wants free golf. A quick payback account would be very expensive. Even if we get a 1.8% prime rate in the bank (given to cities), that’s a lot of money for the mortgage. For a $5 million loan, An extra $1,500 per year has been estimated to increase citizens’ tax bills, for a period of 40 years. It’s a think of it.”

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