Oakwood Golf Club will need new ownership in 2018 in order to continue its existence.

The Houston City Council will decide whether it wants to purchase a golf course east of the community.

Oakwood Golf Club owner Bud Evans appeared before the council Tuesday and offered to sell the nine-hole course that has been situated off Highway B since 1985. Evans previously announced he would begin marketing the business with the intention of either selling it or closing it after the conclusion of the 2017 season.

The proposal to the council calls for a $325,000 purchase price that includes the assumption of some bank debt and equipment financing obligations. Evans Sports Management LLC would finance $193,800 after a down payment of $30,000. The interest rate would be 4.5 percent.

In other matters, members:

—Held a closed session and is expected to make an announcement about the outcome within 72 hours of the vote.

—Signaled its desire to meet with department heads to receive an update on matters within their operation.

—Asked that the city’s economic director Ron Reed begin giving quarterly reports directly to the council and also keep a daily log of his activities.

—Heard an update on commercial development on South U.S. 63 south of Miller’s Grill. Construction of a building for a sporting goods store is the latest project there.

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