Should City of Richland Build an Events Center at Columbia Point?
An interesting story in the Tri-City Herald today talks about profits and losses at Columbia Point Golf Course. The California based management company wants the city to add and events center to the facility in hopes that it would bring more profits instead of it's current losses.
According to the article:
The course has brought in $6 million in revenue since 2011, with $900,000 in operating profits, Bugbee said.
But with debt service figured in, the course loses between $75,000 and $100,000 annually, said Joe Schiessl, Richland parks and public facilities director.
To help break even, CourseCo would like to expand its food service at the course, and look into adding an event center, Bugbee said.