Images of Kitsap County
Public Communications (MS-11)
614 Division Street, Port Orchard, WA
Phone: 360.337.4598
 
FOR IMMEDIATE RELEASE
Date: August 17, 2010
Contact: Rolling Hills Golf Course Contact:
Ron Templeton, Attorney
360) 692-6415

Kitsap County Contact:
Commissioner Josh Brown
(360) 271-9628
No: 10-39

Agreement to “Gift” Rolling Hills Golf Course to
Kitsap County Announced

(Port Orchard, WA)- The Kitsap County Board of Commissioners shall review at their regularly scheduled Work Study Session on Wednesday, August 18th an Agreement Accepting Gift of Rolling Hills Golf Course.

Don Rasmussen and Kerma Peterson are gifting the Rolling Hills Golf Course to Kitsap County. Under the structured agreement, the County will acquire the property at no cost other than its own due diligence costs prior to the acquisition’s closing. The property includes over 107 acres of recreational land, irrigation system, well water rights, and all golf course and restaurant buildings and equipment.

The gifting of the golf course to Kitsap County also results in a gift of $4 million to the Pink Light Foundation, which supports “Meals on Wheels” programs throughout the Puget Sound region. Under the agreement’s terms, the County will lease back the golf course and restaurant to a company owned by the current management of Rolling Hills Golf Course, Golf Professional Tedd Hudanich and Greens Superintendent Greg Peterson, ensuring continuity and providing the same quality of management. The company will make $200,000 lease payments to the County for 20 years. The County will then pay $200,000 to the Sellers who will gift the payments to the Pink Light Foundation. After $4 million has been gifted to the Pink Light Foundation over a 20 year period, the anticipated profit from Rolling Hills Golf Course will then be used to support parks and recreation programs throughout Kitsap County.

An oversight board will supervise golf course operations/restaurant property, operations, and the lease, to ensure that the property is operated and maintained to industry standards. The members of the oversight include representatives of the Sellers, County representatives, and members from the community with financial and recreational expertise.

“This unique agreement provides Kitsap County the opportunity to permanently acquire a recreational amenity at no capital cost to county taxpayers, while at the same time secures critical funding for “Meals on Wheels” programs to serve seniors in need,” said County Commissioner Josh Brown, “This agreement was made possible through the community spirit, generosity and kindness of Don Rasmussen and Kerma Peterson whose gift to the people of Kitsap County is an inspiration.”

Commissioner Charlotte Garrido added, “The generosity of Don Rasmussen and Kerma Peterson cannot be understated. This agreement will touch the lives of thousands of seniors in need and preserve a recreational amenity forever.”

“This acquisition helps to ensure that along with the 400-acre Illahee Preserve, critical recreational opportunities are available in the heart of East Bremerton,” observed Commissioner Steve Bauer.

 


Doug Bear, Public Communication Manager
360-337-4598 or
email: dbear@co.kitsap.wa.us

Last Updated:  May 27, 2014