Brooks residents buy out clubs

After two long months of negotiations, the boards of Shadow Wood Country Club and the Commons Club in the Brooks finalized a deal to purchase both clubs for $8.3 million. Included in the purchase was a waiver of responsibility for refunding club membership deposits. Both the Bonita Bay Group and their lenders have agreed to the deal and the transition will be completed within the next few weeks. The remaining clubs will be closed after Sept. 30 if deals have not be made with their club members or a third party.