Bright’s Creek back on market

Published 5:58 pm Wednesday, July 25, 2012

Amick goes on to say this time of year the operating budget for Bright’s Creek is $100,000 per month. In the winter, Amick said the cost per month could be much reduced and there is no interest charge because Bright’s Creek has no bank debt. In short, Amick said, the operating budget will be in the $1 million range annually but that can go up or down depending on the level of service required by the membership and recommended by the new board.

Amick said if members are added, the amount decreases and if Bright’s Creek adds some daily play the amount decreases.

“Since 2007, Jim and I have done our part. We are now asking that you help us bring Bright’s Creek through this transition. In fairness, we know this is not what you bargained for, but no one could have foreseen this recession or real estate crash, and the resulting effect it has had on Bright’s Creek. Jim, Scott, and I are working daily to find solutions at Bright’s Creek.”

Sign up for our daily email newsletter

Get the latest news sent to your inbox

The Polk County Board of Commissioners in April 2011 approved a new development agreement with the new owners Protex Investment Group, Inc. At that time, the new owners said they planned to cluster housing instead of having large, individual lots and add 1,381 acres of open space. The new owners also had plans to add trails and a Par 3 golf area and a boutique and spa location.

Bright’s Creek is located mostly in Polk County with some areas in Henderson County. The approximate 5,000-acre development includes a Tom Fazio designed golf course, several homesites built, an equestrian center and lodge.

The Bulletin was unable to reach Amick and Roquemore for comment prior to deadline.