EDITORIAL
Free CCU to Grow
Golf Program Politicians should
approve Quail Creek lease because it would aid students
most
If Coastal Carolina University were a long-established school
with a vast repository of wealthy alumni and donors, its leaders
would just buy a golf course for the professional golf-management
program. But Coastal is a relatively new school in a community with
relatively few well-heeled alumni and donors - most of whom already
are helping the university.
To advance its academic goals, therefore, Coastal leaders must
leverage needed facilities with well-thought-out partnerships. Their
proposal to lease the Quail Creek Golf Course for five years,
beginning July 1, shows how this process works. The challenge is
getting S.C. politicians who control Coastal's fate - in return for
dwindling state financial support - to let the lease take
effect.
The politicians in question sit on the S.C. Budget and Control
Board. They'll decide next month whether the university gets the use
of the course. Its members are Gov. Mark Sanford, Comptroller
General Richard Eckstrom, Treasurer Grady Patterson, Sen. Hugh
Leatherman and Rep. Bobby Harrell.
These members should adopt Coastal's request because it makes
sense. The golf course is adjacent not only to Coastal's Conway
campus but also to the campus of Horry-Georgetown Technical College.
As Coastal students are learning management strategies and tactics,
HGTC's turf-management students also would learn their craft.
Coastal would have to come up with $354,000 per year to cover the
cost of the lease, which is renewable for two additional five-year
terms. But it would be the university's responsibility, not the
state's, to come up with that money - which actually is less
than Quail Creek's income average for recent years. The owner of the
course, Chestnut Holdings LLC, has made the university a generous
deal.
Indeed, Coastal's proposed revenue streams might bring in more
than $354,000. Money sources would include faculty, staff, alumni
and corporate memberships; greens fees from walk-on golfers;
restaurant and pro shop sales; and course-registration fees from
students of the professional golf-management program.
In the unlikely event of a shortfall, Coastal could raise tuition
enough to cover any lease-payment deficit. But leaders don't expect
to have to do that.
What we have here, in short, is a good deal for the schools, the
state and especially the students. The S.C. Higher Education
Commission and the S.C. Joint Budget Review Board already have
approved the deal. Sanford and the other board members should
resolve now to OK it when it reaches their agenda March 3. To thwart
Coastal's hope of growing a nationally respected professional
golf-management program because the lease arrangement is unorthodox
would be shortsighted - and
unfair. |