Section
Executive Summary
In this study, the city wanted to determine the economic value of the Sharp Park and the surrounding coastal trail. Instinctively, one may think of lost revenues, or possible income which may be generated by keeping the golf course.
However, in the study, it has been determined that the amount earned from the golf course is actually much lesser than the amount required to maintain such. In fact, the city does not even earn from such property. The expense is greater than the revenues generated.
But in the course of the research, it has been ascertained that ...