East Mississippi Community College is the sole bidder for the club, which owes money to three primary secured creditors. School officials considered buying the club and its golf course last year, but voted unanimously against it at the time.
East Mississippi Community College (EMCC) was the only bidder for the Columbus (Miss.) Country Club as of the September 14 deadline, the Associated Press reported.
The auction for the bankrupt club is scheduled for October 5. Jason Browne, a spokesman for EMCC, said the school’s administrators are not ready to comment on the bid, AP reported.
In April 2011, EMCC board members discussed purchasing the club and its golf course, but board members voted unanimously to not follow through on the purchase. In June, court documents revealed the school had submitted an undisclosed offer to purchase the club, which owes money to three primary secured creditors, AP reported.
EMCC officials confirmed the school’s renewed interest in the property during a July meeting of the Lowndes County Board of Supervisors, AP reported.
Tweet this!
Digg it!
Add to Delicious!
Share on Facebook!
Share on Reddit!
Stumble it
Add to Technorati
