Salem course asks homeowners for bailout

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Updated: June 29, 2022

In February 2016, the owners of Creekside Golf Club told the neighborhood homeowners that the club had been losing money for years.

Last month they told them that he club would sell the golf course to a housing developer unless neighbors agreed to raise their association dues from $30 to $90 per month in exchange for limited memberships in the club, raising about $400,000 per year. If the homeowners agreed to the proposal it would pause the plans to develop the property into housing for five years.

Many homeowners are feeling the pressure as they bought their homes believing that the golf course would always be there. The homeowners are reluctant to give money to a business they have no ownership in or control of management decisions.

The plan is the latest in a series of controversial proposals to keep the struggling golf course open. It would amount to an estimated $4.2 million influx into the cash-starved course. Part of the money would go toward deferred maintenance and infrastructure improvements and salary increases for club employees.

Creekside Golf Club and the Creekside Estates neighborhood were created by the same developer, but there is no legal or financial connection between them.

In an attempt to save the course, the club asked the city of Salem to reduce the rate it charges for water, which would amount to about a $140,000 savings per year.