This week the Fort Monmouth Economic Revitalization Authority awarded a new contract to the current operator of Suneagles Golf Club.
Atlantic Golf, which has run the course and Gibbs Hall for more than a year, will pay FMERA $250,000 for the length of the 18 month contract. The award is contingent upon a lease extension to FMERA by the Army, which still owns the golf course.
Suneagles is also up for sale. When the property transfers from the Army to a new owner, proceeds will be split between the Army and FMERA. FMERA by law is required to reinvest its profits back into the redevelopment of the fort.
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