Golf club will vote on con­tro­ver­sial land deal

Qual­i­fy­ing 271 mem­bers can ex­pect div­i­dend of £16k

Rutherglen Reformer - - News - Edele Ke­nealy

Mem­bers of Cam­bus­lang Golf Club this Tues­day, May 3, will vote whether or not to sell the nine-hole course.

A pro­posal out­lined in a let­ter to mem­bers this month states each of the club’s qual­i­fy­ing 271 mem­bers can ex­pect a div­i­dend of £16,825 each af­ter cor­po­ra­tion tax.

The fig­ure, which does not in­clude per­sonal tax­a­tion, is the min­i­mum ex­pected by Glad­man, a land pro­mo­tion com­pany se­lected to han­dle the sale of the land, should the pro­posal be given the green light.

Glad­man be­lieves that with plan­ning per­mis­sion in place, the land could fetch £6.8mil­lion, up­ping the es­ti­mated in­di­vid­ual re­turn to £20,000.

The pro­posal asks mem­bers if they wish to en­ter a le­gal agree­ment with Glad­man which would see the com­pany se­cure plan­ning per­mis­sion for the site and mar­ket it for sale for a 15 per cent share of the nett sale, plus a fur­ther one per cent if the pro­posal needs to go to ap­peal.

The cost of se­cur­ing plan­ning per­mis­sion is likely to be in the range of £250,000, which will be cov­ered by Glad­man.

If plan­ning con­sent is not agreed, the golf club and its mem­bers are not li­able for any losses.

How­ever, should Glad­man achieve a min­i­mum price agreed with the club, the con­tract to sell the site will be legally bind­ing.

In the let­ter sent out to mem­bers it states: “Work­ing with Glad­man is a less con­fronta­tional ap­proach, which of­fers an op­por­tu­nity to max­imise the sale price of the land. In deal­ing with Glad­man, the club can be sat­is­fied that the price paid for the land will re­flect ac­tual mar­ket value as op­posed to a per­ceived value that is ei­ther ne­go­ti­ated with a builder or de­ter­mined by a third party.”

Be­fore mem­bers are tasked with vot­ing on the pro­posal on Tues­day evening they will be given an op­por­tu­nity to put their ques­tions to Ray­mond Dunn - an in­de­pen­dent prop­erty con­sul­tant ap­pointed by the club - and Glad­man rep­re­sen­ta­tive Cather­ine Wood.

But the de­ci­sion has al­ready caused up­set be­tween many mem­bers, with one per­son’s ex­pres­sions on the club’s Face­book page seen, by some, as an at­tempt to sway the votes.

The post, which re­ferred to the club as a “wee gem” was later taken down and was re­placed with: “I am sorry if the post this morn­ing has caused any of­fence, as this was not the in­ten­tion. The post has now been re­moved and the Face­book page will re­main closed un­til af­ter the club’s meet­ing.

“Th­ese are my own views and opinions and are not con­nected to any of­fice-bear­ers of the club.”

One mem­ber of the club re­sponded: “Didn’t cause any of­fence to those who don’t want to sell our won­der­ful wee golf club. If those car­pet bag­gers want their 30 pieces of sil­ver kept pri­vate then that’s their prob­lem. Keep up the good work. It will be a very sad day if peo­ple chose to sell off a piece of lo­cal his­tory for what will even­tu­ally prob­a­bly be a small amount of cash.”

Two thirds of the club’s mem­bers must vote for the pro­posal in or­der for it to be passed.

If it is agreed, a sec­ond bal­lot will ask if money de­rived from the sale can be passed to fam­ily mem­bers in the event of a per­son’s death.

Cam­bus­lang Golf Club of­fi­cials chose not to com­ment at the time

Sale Cam­bus­lang Golf Club has been in ex­is­tence for 124 years

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