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Hastings Country Club, a golf course dating to the 1940s but saddled with operational debt and declining membership in recent years, has been closed and put up for sale.In an email sent Wednesday to its roughly 230 members, the club’s executive steering committee said it ceased operations Sept.
Member revenues declined from $1 million in 2007 to $600,000 in 2013.
The steering committee also blamed the closure on waning interest in golf among people younger than 40, a saturation of courses and the recession that “caused income and asset values to drop so new members were not interested at the price required to operate the club.” Finally, in August members were asked either to approve a $2,000 per member special assessment or to close the club.
The club also appointed an operating committee to a five-year term “with the single goal of survival,” the email says.
“That committee tried to find ways to increase revenue and to reduce expenses so as to ‘buy time’ until the economy recovered.” The capital improvements were supposed to attract new members, but instead caused some members to leave the club because they didn’t agree with the decision or did not want to help foot the bill, the steering committee said.
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According to its website, members bought the current site, located in the far southwestern part of town, in 1958 and financed the purchase by selling part of the adjoining land and the old golf club. Some events already booked for the clubhouse this month will be held as planned, he said.
The course has been fertilized and prepared for winter so that it could reopen in the spring if a new owner decides to do so, he said, adding that an asking price has not been set.
Ninety-seven percent of those voting opted for closing the club.
“It’s a shame it had to close,” said Jim Reissner, one of five members of the club’s executive steering committee.
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