An ambitious blueprint designed to secure the future of Craigie Hill Golf Club in Scotland has been approved.
At a well-attended extraordinary general meeting held at the Perthshire club, members voted overwhelmingly in favour of working towards the creation of a nine-hole course.
Approval was also given to sound out businesses keen to press ahead with redevelopment plans for the lower slopes at The Hill, which dates back to 1911.
A transition fund is being created to cover debts and on-going running costs, and to preserve the current 18-hole set-up and clubhouse facility for a period of up to five years.
Club captain Crawford Conochie said: “We’re delighted that the members have wholeheartedly supported the proposals to maintain the course in its current configuration for the next few years, and allow the board to work towards the transition to the city’s first nine-hole course, complete with a new clubhouse, practice facilities and adjacent parking.”
He added: “The resounding vote provides much-needed security going forward as the board seeks to ensure the long-term viability of a historic golf club in the heart of the city. This is an exciting opportunity and ensures that Craigie Hill will survive as a golf club long into the future.
“Now we are confident of retaining current members and attracting new faces for the 2020 season, with membership fees of £490 and the Scottish Golf levy. The Transition Fund will be launched shortly, enabling us to retain control going forward. It is designed to generate £300,000, with members being given an opportunity to crowdfund a loan to the club, with the benefit of a guaranteed 4% return on their investment.
“At an agreed date, our members will be able to commit £1,000 per unit, with their initial investment and interest locked in until our chosen development partner can successfully navigate the planning process. This safeguards the immediate future of the club and we can actively seek out a developer from a solid financial base.”
The Craigie Hill Golf Club board believes a par-34, 9-hole course, with multiple tee options, will prove sustainable and offer value for money membership.