Eagle Valley struggles with bond payments
With the economic downturn over the last three years, the golf industry was one of many that got hit with declining revenues.
Eagle Valley Golf Course, a Woodbury municipal operation, was not immune to the dismal economy. Revenue projections made in the 1990s have not been met, according to city documents.
Woodbury City Council reviewed a plan at last Wednesday's workshop that would modify Eagle Valley's debt structure starting in 2012.