The Clear Lake golf course was built by the Friendswood Development Company (or “FDC”) in the 1960s, and first opened for business as the “Clear Lake Country Club golf course”, a members-only institution. In the late 1980s, around the time FDC completed the Bay Oaks Country Club in the nearby (and then-new) Bay Oaks subdivision, the course was changed to a daily-fee course.In 1991, when FDC sold the golf course to Clear Lake Golf Club, Inc. (which is owned by a private golf course management company called Club Corp, Inc.), as part of the transaction FDC imposed a deed restriction that said the property must remain a golf course for at least 30 years (1991 + 30 = 2021). Club Corp subsequently sold 9 of the 10 tracts that comprise the golf course to Rennaisance Golf Group, Inc., in 2002, but Club Corp retained ownership of the remaining tract. The original FDC deed restrictions remain in force despite the change in ownership.
The Clear Lake golf course was built by the Friendswood Development Company (or “FDC”) in the 1960s, and first opened for business as the “Clear Lake Country Club golf course”, a members-only institution. In the late 1980s, around the time FDC completed the Bay Oaks Country Club in the nearby (and then-new) Bay Oaks subdivision, the course was changed to a daily-fee course. In 1991, when FDC sold the golf course to Clear Lake Golf Club, Inc. (which is owned by a private golf course management company called Club Corp, Inc.), as part of the transaction FDC imposed a deed restriction that said the property must remain a golf course for at least 30 years (1991 + 30 = 2021). Club Corp subsequently sold 9 of the 10 tracts that comprise the golf course to Rennaisance Golf Group, Inc., in 2002, but Club Corp retained ownership of the remaining tract. The original FDC deed restrictions remain in force despite the change in ownership. RGG floated its first trial balloon regarding golf course de