The West Nile Golf Club will soon sub-lease its hotel and conference complex in Arua town to the National Social Security Fund (NSSF).
The move is aimed at helping the proprietor to recover the sh3.6b which was used to build the structure.
Sources within the club said the lease agreement will cover a period of 15 years which the complex would become the property of the club.
The building on Weatherhead Park Lane, a fast-rate developing area, was constructed under a joint venture between the club and NSSF five years ago.
The club provided the land, while NSSF funded the project.
The structure, however, was never finished when the two parties differed on the range of stake each had in the control and utilisation of the building.
The club also claimed that NSSF altered the original design in an attempt to save money without consulting them.
Although the driveways, perimeter fence and swimming pool were not completed, the two bodies went ahead to occupy the building.
The hotel and conference sections were left dormant, resulting into a huge loss.
Over the time, several meetings were held to solve the standoff in vain.
The breakthrough came about a month ago when the clubâ€™s management held talks with the NSSF in Kampala.
Alarmed by the losses, the club demanded an immediate end to the impasse and fronted the lease idea.
Sources that attended the heated meeting said NSSF had wanted a 20-year lease but the clubâ€™s delegation insisted that five years had already been lost in the confusion.
Golf club members, in an October 8 meeting chaired by Eng. Lawrence Pariyo, reportedly â€œagreed in principalâ€ on the lease.
They set some â€œfavourableâ€ conditions among which the club will demand for premium and ground rent amounting to several millions of shillings.
They also resolved to retain the current golf house wing of the building.
NSSF takes over Arua Golf Club Hotel