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Second bank moves to foreclose on Gaillardia Golf and Country Club

Little Rock-based Bank of the Ozarks filed foreclosure papers against Gaillardia Golf and Country Club's owners on Monday in Oklahoma County District Court.
by Brianna Bailey Modified: June 26, 2013 at 10:47 pm •  Published: June 27, 2013

First Liberty also claims in its request for receivership that Gaillardia is in danger of losing its only source of water to irrigate the greens at the golf course for failing to pay money owed to the Oklahoma City Water Utilities Trust.

The bank said in court documents filed earlier this month that the roof leaks at Gaillardia's 55,000-square-foot French Normandy-style clubhouse and that creditors have threatened to repossess the club's golf carts.

Peter Vitali, the club's executive director, said all of Gaillardia's facilities continue to be open and the club hosted a PGA Junior Tour event this week.

“We're rolling along,” Vitali said.

A call to an attorney for Bank of the Ozarks was not returned Wednesday. Herrington did not respond to a request for comment.

A hearing on whether to place the country club and golf course into receivership was canceled last week and has yet to be rescheduled.

First Liberty declined to comment on the foreclosure.

by Brianna Bailey
Business Writer
Brianna Bailey has lived in Idaho, Germany and Southern California, but Oklahoma is her adopted home. She has a bachelor's degree in Journalism from the University of Oklahoma and has worked at several newspapers in Oklahoma and Southern...
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