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Residents demand answers on Thorn Tree golf club deal, allege preapproval LLC
Summary
Residents at the DeSoto City Council meeting on Aug. 4 urged the council to explain documents they say show a private LLC formed and an agreement executed before the city completed its purchase of Thorn Tree Golf Club; speakers asked who authorized the city manager to act and sought public accounting of the transaction.
Residents raised allegations of a prearranged private partnership tied to the city's purchase of Thorn Tree Golf Club during public comments at the City of DeSoto council meeting. Terrence Gore, a DeSoto resident, said documents show a company agreement forming Dorrentree Golf Club Venture LLC was drafted on or about June 5 and that the city manager executed an agreement on June 28, before the city's deed was filed on July 1 "and before the public vote." Gore said the documents left the city with a one-third ownership stake while private developers held about two-thirds.
Why it matters: Speakers framed the documents as a potential dilution of public equity in a…
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