BOCA RATON — The city council and Greater Boca Raton Beach and Park District will meet in July to finalize the details the of a $24 million deal to purchase Ocean Breeze Golf Club, the district said Tuesday.
The contract to purchase the land has been signed by the beach and park district, a special taxing authority that includes the city and areas west of Boca Raton, and Ocean Breeze owners Wells Fargo and developer Lennar Corp.
The district agreed to pay $24 million for the golf course, despite some last-minute pleas from residents who wanted to see the price go down.
The deal isn’t done, however. The district still requires the city council to approve a loan to fund the acquisition of Ocean Breeze, a 214-acre course near the Boca Teeca Condominium complex at Northwest Second Avenue and Yamato Road.
An exact date hasn’t yet been set for the joint meeting, but it will take place in July, district officials say.
The now-closed championship Ocean Breeze Golf Club includes 27 holes and a hotel property, which the district may lease or sell outright.
District officials have discussed partnering with Greg Norman to build a golf academy at the site, which could generate revenue for the district.