NEW YORK, Jan. 19 (UPI) -- The New York City Franchise and Concession Review Committee approved Donald Trump's proposal to build a taxpayer-funded $184 million golf course in the Bronx.
The committee approved the plan Wednesday, 5-1 in Trump's favor, the New York Daily News reported.
The dissenting vote came from the city controller's office.
"This agreement, which amounts to a public subsidy for a luxury golf course, is not structured in the best interests of New York City taxpayers," said Controller John Liu. "This deal does not give a fair return to our taxpayers and therefore we cannot support it."
Trump will take over the construction of the Jack Nicklaus signature course beneath the Whitestone Bridge in the Bronx. Construction of course, to be named Trump Golf Links at Ferry Point Park, will be completed by spring of 2014.
"It's a really exciting thing, a great thing for New York," Eric Trump, Donald's son, said after the vote. "We couldn't be more thrilled as a family to have our name on it."
