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Carrollton Announces 5-Year Management Service Agreement Renewal with EAGLE Golf
Posted Date: 12/13/2012 7:15 AM
Carrollton Announces 5-Year Management Service Agreement Renewal with EAGLE Golf

Carrollton, TX – The City of Carrollton is pleased to announce the December 5, 2012 renewal of the management services agreement with EAGLE Golf Management (EAGLE) for a five-year period. The goal of the contract is to protect the City’s future long-term financial interest and provide for ongoing capital investment in the courses, while recognizing the value that EAGLE has created by exceeding expectations over the past eight years.

Indian CreekPerformance of rounds and more importantly, Revenue Per Round continues to be strong in a highly competitive regional golf market. The partnership with EAGLE has proven to be of benefit to the City in both strong and weak economic times as ICGC continues to be self-funding.

“The City and EAGLE have worked together since 2004, and we are pleased to continue the partnership. Since EAGLE took over the management of Indian Creek Golf Club (ICGC) eight years ago, ICGC has improved dramatically from both a quality and financial perspective,” commented Beth Bormann, City of Carrollton Assistant City Manager.

The renewed agreement with EAGLE supports the City’s ability to make strategic improvements to both courses at Indian Creek, and helps reinforces the positive partnership that has developed over the past eight years. The agreement allows the City to maintain the goal of Indian Creek Golf Club remaining self-funding and provides for an adequate level of capital improvements over the term of the contract.

“ICGC is benchmarked against some of the best public golf courses in the metro area and the management relationship that has developed between the City and EAGLE has turned ICGC into a valuable asset for the City,” said Leonard Martin, City of Carrollton City Manager.