NEW ALBANY —
City officials believe they’ve pounded one down the middle of the fairway on a new deal with Valley View Golf Club.
The New Albany Board of Public Works and Safety agreed to a 16-year operating agreement Tuesday that will see more than $700,000 in improvements made to the course.
The best part, from the city’s standpoint, is that Valley View will be paying for the upgrades, which will feature 19 new greens at the golf course.
City residents will also receive a 10 percent reduction in green fees when they play a round at Valley View.
The clubhouse and operations of Valley View are privately owned and managed, but the more than 200 acres of property the course sits on belong to the city.
When the state built Interstate 64 through downtown New Albany in the 1960s, it paid the city and Valley View to relocate the course.
Each were given $150,000, according to Valley View Golf Club President John Kraft. Valley View contributed its money to the city, which purchased the property where the course is located at 3748 Lawrence Banet Road in Floyds Knobs.
“I’m just happy the partnership is continuing to go down the road it’s going,” Kraft said.
Shane Gibson, an attorney with the city’s legal department, said the city will also receive 5 percent of gross sales annually if they exceed $1 million.
“This will be a good, positive step for land the city of New Albany owns,” Gibson said.
The city is also garnering bids for new signage and to resurface the paths at Cherry Valley Golf Course, which also operates on public property.
A portion of the Cherry Valley course, which is located at 600 Cherry St., was once the Valley View course.
“These long-overdue investments will benefit the people of New Albany now and for many years to come,” Mayor Jeff Gahan stated in a news release issued following the board of works meeting.
Valley View is in the process of securing financing to install the new greens and complete other upgrades to the course, Kraft said.
All 18 holes and the practice green will be rebuilt, he continued.
“The construction of those greens has been talked about for several years,” Kraft said. “This agreement with the city really allows us to push forward with this project.”
As part of the agreement, the city will have two positions on the Valley View board of directors.
The greens will be United States Golf Association regulation, but there will be some pains along the way.
Valley View will likely shutdown its course beginning in August for the improvements. But Kraft said the temporary closure will be well worth the investment.
The clubhouse and bar will still be open at Valley View during construction.
Valley View is a public course. Depending on the day of the week, it costs between $36 and $44 for one person to play 18 holes with a golf cart. Reservations can be made by calling 812-923-9280.