Golf course could be headed to tax sale

riversbend

River’s Bend owner Ronnie Kelley has had stakes in other area courses, including the Royal Virginian.

Eager to collect on at least three years of unpaid real estate taxes, Chesterfield County sued River’s Bend Golf Club this month and could force the course to be sold at auction.

The club’s owner, Ronnie Kelley, said he’s working on a plan with a group of investors to pay the county what it’s owed.

“Obviously they are pushing, and they want to collect,” Kelley said. “We’re working on the plan to get them paid.”

Kelley said he couldn’t discuss details of the plan because of a confidentiality agreement.

“We’ve got something really good that’s going to happen,” he said.

His said his plan would also aim right the ship at his other local course, Prince George Golf Club, which filed for Chapter 11 bankruptcy protection in February.

River’s Bend is a semi-private club that sits on 177 acres on the banks of the James River in Chester.

Jim Elliott, a lawyer in Yorktown whom Chesterfield County pays to collect delinquent real estate taxes, said the county is asking a judge for permission to have the land sold to pay the taxes.

Those local taxes would supersede any other liens on the property, including mortgages, Elliott said. He would not say how much River’s Bend owes the county in real estate taxes. He did say taxes were last paid on it in 2009.

“It’s a significant number, and that’s why the county wants to be paid,” Elliott said.

Prince George remains open for business during its Chapter 11 case.

Prince George remains open for business during its Chapter 11 case.

Property owners in such cases have 21 days to respond to the suits after they are served. From there, the cases move through the court typically in 90 days, Elliott said, depending on whether the owner ultimately pays. Many finally get current once such  a suit is filed by a locality.

Meanwhile, Kelley, a veteran of the local golf scene, continues to work through potential reorganization plans for Prince George Golf Club’s Chapter 11 case. The course fell behind on its mortgage, and its lender was pushing to foreclose. The semi-private club, about 12 miles south of Petersburg, remains open for business during the process.

River’s Bend is currently offering memberships that include access to both of Kelley’s courses for $149 a month.

riversbend

River’s Bend owner Ronnie Kelley has had stakes in other area courses, including the Royal Virginian.

Eager to collect on at least three years of unpaid real estate taxes, Chesterfield County sued River’s Bend Golf Club this month and could force the course to be sold at auction.

The club’s owner, Ronnie Kelley, said he’s working on a plan with a group of investors to pay the county what it’s owed.

“Obviously they are pushing, and they want to collect,” Kelley said. “We’re working on the plan to get them paid.”

Kelley said he couldn’t discuss details of the plan because of a confidentiality agreement.

“We’ve got something really good that’s going to happen,” he said.

His said his plan would also aim right the ship at his other local course, Prince George Golf Club, which filed for Chapter 11 bankruptcy protection in February.

River’s Bend is a semi-private club that sits on 177 acres on the banks of the James River in Chester.

Jim Elliott, a lawyer in Yorktown whom Chesterfield County pays to collect delinquent real estate taxes, said the county is asking a judge for permission to have the land sold to pay the taxes.

Those local taxes would supersede any other liens on the property, including mortgages, Elliott said. He would not say how much River’s Bend owes the county in real estate taxes. He did say taxes were last paid on it in 2009.

“It’s a significant number, and that’s why the county wants to be paid,” Elliott said.

Prince George remains open for business during its Chapter 11 case.

Prince George remains open for business during its Chapter 11 case.

Property owners in such cases have 21 days to respond to the suits after they are served. From there, the cases move through the court typically in 90 days, Elliott said, depending on whether the owner ultimately pays. Many finally get current once such  a suit is filed by a locality.

Meanwhile, Kelley, a veteran of the local golf scene, continues to work through potential reorganization plans for Prince George Golf Club’s Chapter 11 case. The course fell behind on its mortgage, and its lender was pushing to foreclose. The semi-private club, about 12 miles south of Petersburg, remains open for business during the process.

River’s Bend is currently offering memberships that include access to both of Kelley’s courses for $149 a month.

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Jesse
Jesse
11 years ago

I hope the course does get auctioned off. Its condition is a disgrace to the game of golf, and it’s a shame because the course is in a great location with lots of potential. Here’s to hoping that a well financed buyer snaps it up and completely renovates it to its former glory.