An owner of the Delaware National Country Club, Ron Holliday, says the club has agreed to terminate its five-year lease with the real estate firm Pettinaro Company. He says it's no longer feasible to operate the club, in part because of a high electric bill.
Holliday says he's trying to find jobs for about 70 employees who will soon be unemployed.
The club opened in 1937 as the Hercules Country Club, a golf course for executives of former chemical company Hercules Inc. which was spun out of the DuPont Co. It currently has an 18-hole course.
A portion of the former Hercules Country Club site is owned by Homebuilder Toll Brothers, which plans to build a 264-unit housing development there.
Information from: The News Journal of Wilmington, Del., http://www.delawareonline.com