Cherokee Nation Businesses purchases Tahlequah golf club
BY FROM STAFF REPORTS
Monday, December 31, 2012
TAHLEQUAH — Cherokee Nation Businesses announced Monday its purchase of Cherry Springs Golf Club in Tahlequah and additional acreage that adjoins the property. The price was not disclosed.
“The purchase of this outstanding property accomplishes two goals,” Cherokee Nation Principal Chief Bill John Baker said. “First, it secures the Cherokee Nation to be a prime player in the future of economic development in Tahlequah, giving us the ability to create good jobs for Cherokee citizens.
"Further and equally important is that this was an excellent opportunity to expand our land base within our jurisdiction.”
Cherokee Nation Property Management LLC, a subsidiary of CNB, closed on the property Dec. 28. The purchase gives the company ownership of the Cherokee Springs Golf Club Inc., which owns and operates the 18-hole golf course, driving range and the club’s restaurant.
The course will remain open as management is transitioned to CNB, officials said.
CNB also owns and operates Cherokee Hills Golf Club at Hard Rock Hotel & Casino Tulsa and Cherokee Trails Golf Course in Tahlequah.
CNB is the tribally owned holding company of the Cherokee Nation, the largest Indian Nation in the United States.
Associated Images:
Cherokee Nation Principal Chief Bill John Baker says the purchase allows the Cherokee Nation to "be a prime player in the future of economic development in Tahlequah." MICHAEL WYKE/Tulsa World file
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