BY JENNIFER CABRERA
GAINESVILLE, Fla. – During the morning session of the June 18 Gainesville City Commission meeting, Commissioners heard an unsolicited proposal from HangTime Golf to either lease or purchase Ironwood Golf Course and voted to explore options for selling or leasing the course.
Interim Chief Operating Officer Brian Singleton said HangTime Golf offered two structures: one is a three-year lease to a purchase, and the other is an outright purchase; he said staff’s preference would be to sell it outright, if the Commission decided to move forward with the proposal. He said that either way, the property would generate property tax revenue, and Ironwood is currently losing about $320,000 a year. There is also a bond tied to Ironwood, and selling the golf course would let the City pay off the bond…