Heritage, Mosher says, was going to pump at least $1.7 millionin capital improvements to the club, but more likely another $4million to $5 million. But after many of the 491 members of theprivate club protested, Mosher is offering a deal to the members,according to correspondence obtained by GlobeSt.com.

Mosher is offering to sell it to the members for $9.3 million, a23% discount to what Heritage agreed to pay, he says. In addition,at closing he will provide $250,000 in working capital, effectivelyreducing the price to $9 million.

However, there are conditions to the purchase. In exchange,Mosher wants the homeowners to drop any litigation against him.Last year, the group unsuccessfully tried to stop the sale. Mosherwants the same thing from developer Jack Vickers III, founder ofCastle Pines, which includes estates worth more than $1 million, inaddition to the Castle Pines Golf Course that hosts the PGAInternational tournament each year.