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<br />. <br />, <br /> <br />.. <br /> <br />~ of Paris <br /> <br />Study of Lake Crook <br /> <br />March, 2001 <br />I <br /> <br />. <br /> <br />re~pondents to the survey mentioned conStructing an indoor fishing pier hut on Lake Crook. We <br />favor the idea only if the city hires a full-time caretaker for the property. <br /> <br />.3.3.2 What about golf? Several participants mentioned golf as a possible use of Lake Crook <br />lands. While economic development grants and Texas Parks and Wildlife grants could be used <br />to partially fund golf courses, such courses after they are built must be self supporting, A golf <br />course with modest club house costs between $3.0 million and $4.0 million. Industry pundits say <br />36,000 rounds of golf per year are necessary to support such a course. If the city were to elect <br />to build a course there is certainly enough land on which to do it. Only about 200 acres or so is <br />needed for a quality golf course, the terrain is excellent and there is certainly abundant supply of . <br />\vater. An 18-hole golf course needs about 1 million gallons of water per day during grown-in <br />and about half that much during the growing season upon reaching maturity. <br /> <br />Alternatively, if a public course is not built, most developer-experts agree that 1,000 acres ofwell <br />planned subdivision will usually support a golf course through the homeowners' dues, trail use <br />fees, guest fees and enhanced lot sales prices. It is commonly considered the best of all \vorlds <br />to intert\vine the golf course routing plan with the subdivision plan to take advantage of fairway <br />lots, green lots and tee box lots as \vell as lake&ont and lakeview lots. In the present north shore <br />property, to install a golf course would largely destroy the potential for home building and vice <br />versa. The shape of the property with its numerous corners and narrows, would result in an <br />inefficiency for high lot counts, Therefore, in order to get 1,000 acres on the north shore, an <br />enterprising developer \vould have to acquire some of the adjacent, privately owned land. <br /> <br />It is beyond the scope of this study to analyze the development of private golf courses. In these <br />days of privatization, \ve are seeing more courses being taken out of the public domain than are <br />being built into it. There are companies that specialize in nothing but golf course feasibility <br />studies. While there may be some study out there, we have yet to see a study done where the golf <br />course was not proven 'feasible'. \Ve choose to believe, however, golf course ownership is not <br />a business the City of Paris should get into. <br /> <br />Page 29 of 45 <br />