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Council approves contract to buy Shining Mountain Golf Course for $6.8 million; city to pay $3.2 million cash
Summary
Woodland Park approved a contract to acquire the 355‑acre Shining Mountain Golf Course for $6.8 million; staff said $3.2 million will come from the city and the balance was described as a charitable contribution by the seller. The purchase is subject to appraisal, inspections and a Sept. 16 due‑diligence deadline.
The Woodland Park City Council voted unanimously Aug. 7 to approve a contract to purchase the Shining Mountain Golf Course from Shining Mountain Enterprises LP in a transaction with a reported purchase price of $6,800,000.
City staff told the council the contract contemplates $3,200,000 in cash from the city at closing and the remainder as a charitable contribution by the seller. Staff noted the transaction is subject to an appraisal and that the charitable contribution portion reported in the staff presentation was $3,600,000; during the meeting a councilor asked about a contract clause referencing a minimum charitable contribution of $3,400,000. Staff and the seller’s counsel discussed the contract language during the meeting but the transcript contains both figures; staff said the attorneys had reviewed contract language and were comfortable, and said the city will follow up with the formal supplemental appropriation and ordinance for final approval.
Staff described the property as about 355 acres with an 18‑hole golf course, a roughly 10,000‑square‑foot clubhouse/event center, multiple disc golf courses and about 135 undeveloped acres. The city reported the earnest money deposit was $25,000 (due Aug. 7), with due‑diligence items (inspections, appraisal) scheduled through Sept. 16 and a closing target of Oct. 17. Staff said near‑term operations would likely be run as status quo while the city develops a longer‑term plan and business model.
Councilors discussed operational items staff will inspect during due diligence — including the clubhouse kitchen, irrigation systems and grounds equipment — and water issues for long‑term operation; staff said they will evaluate whether reclaimed or treated water could be used in the future and are reviewing P&L documents for the facility. The council approved the contract and staff said they will return with the required ordinance and supplemental appropriation for final purchase approval.
