Acquisition Announced for Florida Golf Course

The Mulligan Society announces the acquisition of the Diamond Players Golf Club located in Clermont, Florida. The cost of the acquisition was not disclosed. Future plans call for extensive renovation of the Florida Golf Course and Clubhouse adjacent to the beautiful community of Summit Greens.

Short-term plans are for a major expansion of the existing kitchen and renovation of the seating areas in the restaurant. A private club is planned for the existing pro shop area. In Phase II the Pro Shop will be expanded, along with new office space, an underground golf cart facility and banquet meeting rooms.

"We have great plans for the property and look forward to working with the wonderful people in the Summit Greens and Clermont communities to bring a first class facility to Central Florida," states Bob Sullivan, General Manager of the project.

Current plans also call for an ATM on site provided by OLD SOUTHERN BANK. The bank was instrumental in acquisition funding and plans to provide financing for future endeavors. "Our team is excited to be a part of the project," comments Sandra W. Jansky, Senior Vice President and Chief Operating Officer of OLD SOUTHERN BANK. "We look forward to building a strong relationship with Bob and his team to add value, as well as growth to the Clermont community and Florida golf courses."