SELL THE RCC TO INVESTOR GROUP?

Respectfully acknowledging Larry's efforts, his qualifications for managing the sale of a significant asset like the Reading Country Club are questionable, especially given the strong interest from RHM. This company already gains financially from the township's support of their unprofitable hospitality venture, leading to a $500,000 yearly deficit for the township while RHM profits substantially. The likelihood of Larry seeking advice from Schnee, who would eagerly charge high fees for non-legal services, presents a risk of unnecessary financial outlays to the benefit of Schnee's law firm. A wiser strategy would be to postpone this issue until a new, experienced township manager is appointed—a process that is in progress, with interviews and a decision expected soon. This would enable Larry to focus on his strengths in public works. The revelation that BCRDA and now this purported INVESTOR GROUP as the potential buyer adds complexity, considering the potential conflicts of interest and ethical concerns linked to our solicitor and Joan London of BCRDA, and the absence of competitive bidding, raising alarms about financial integrity.
In the meantime, to improve our community and reduce financial losses, particularly the $700,000 spent annually on staffing for the golf course and banquet facilities, it is prudent to reevaluate these operations. Reducing or discontinuing these services could offer financial relief. Decisions on these matters should be made without Schnee's involvement, as they do not require his legal expertise; his role should be limited to legal matters, avoiding interference in township governance for financial gain. Together, we must find solutions that serve our residents' best interests, promoting fiscal responsibility for a more positive community outcome in the long run. Note that this commentary/opinion is based on limited knowledge as there exists to the best of what I know, no offers, no terms available. Just an email from the township government telling me it might be BCRDA and then in the Monday March 11th meeting Chair Piho intimating that it is an INVESTOR GROUP. That was the first I have heard of this possibility.....the whole board is not privy to what is going on with the. attempt to sell these properties.