Oswego Village Trustees on Tuesday, May 16, unanimously approved a $112,000 economic incentive agreement with Yorkville-based Whitetail Ridge Golf Club as part of its plans to build an indoor golf dome on the southwest corner of Lewis Street and Station Drive, just west of Orchard Road.
Because the property does not have access to a water main on-site, the developer is required to install a looped water main to the property. The estimated cost to the developer for the work is about $200,000 to $250,000 based on recent bids received, Oswego Economic Development Director Kevin Leighty told village trustees.
“Based on village engineering staff’s estimates, $112,000 would represent around half of the total cost of work to design and extend water main service to the site and neighboring properties,” Leighty said. “The developer is also requesting building permit fee waivers from the village and agrees to make a $25,000 cash payment to an escrow account in lieu of installing cross access stubs for future development.”
He said the reimbursement would not exceed $112,000 based on the developer’s actual costs to extend the water main.
“It’s possible it could be less than that, but it would be a lump sum,” Leighty said.
Trustees also directed staff to bring a proposed recapture agreement to a future meeting.
“More than likely, we will be open year-round.”— Ron Walker, Whitetail Ridge Golf Club
Construction of the facility, which would also house a restaurant, is set to start in June. In January, Village Trustees approved plans and a special use permit to allow for the development of an indoor golf dome. Whitetail Ridge Golf Club will own the property and the structure.
Trustees approved the plans with the stipulation that the golf dome shall be used only for an indoor golf range and no other sport or other recreational use is permitted to operate out of the facility.
Ron Walker of Whitetail Ridge Golf Club told trustees May 16 that “more than likely, we will be open year-round.”
“It would be limited hours, though,” Walker said.