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Rothschild approves developer agreement for indoor/outdoor ‘4 Season’s Golf’ with $300,000 loan and $60,000 grant

Village of Rothschild Village Board · October 14, 2024
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Summary

The Village Board approved a development agreement for 4 Season’s Golf of Wausau, LLC, including a proposed $300,000 revolving loan and a $60,000 upfront grant. Administrator Ryan VanDeWalle presented a proforma analysis and the motion passed unanimously.

The Village of Rothschild on Oct. 14 approved a development agreement with 4 Season’s Golf of Wausau, LLC for an indoor/outdoor golf facility that staff said would provide economic benefits to the Cedar Creek area.

Village Administrator Ryan VanDeWalle presented the draft agreement and a proforma analysis, calling out proposed financial incentives including a $300,000 revolving loan and a $60,000 upfront grant. VanDeWalle described expected economic impacts for the village and explained the proforma to the board.

Trustee Bill Schremp moved to approve the agreement; Trustee Rex Zemke seconded and the motion carried 7–0.

The approved agreement commits the village to the terms presented; staff indicated standard follow‑up steps for executing the developer agreement. No additional public fiscal offsets or other grants were specified in the minutes.