The saga that is the Olympic golf course in Rio de Janeiro has taken another turn, and it only further confuses who precisely is responsible for ensuring the Gil Hanse-designed track’s post-Games future.
On Friday, a Brazilian judge froze the assets of Rio mayor Eduardo Paes, with the judge claiming Paes did not charge the proper tax to course developer Pasquale Mauro. In a controversial deal, Paes gave Mauro rights to build high-rise luxury condominiums around the Olympic course, which Mauro agreed to finance to the tune of approximately $20 million.
Paes, whose term as mayor concludes at the end of 2016, disputed and appealed the ruling and said the city did assess the correct $1 million developer tax.
The International Olympic Committee praised Paes for his part in getting the Rio Games to the finish line despite lackluster ticket sales, the usual glitches and funding problems that trickled down to the ParalympicRead More »from Rio mayor's assets frozen as Olympic golf course future remains stalled