As seen in the
Summer 2003 Edition
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The Governors Club
Brentwood, Tennessee

The historic Pleasant Hill Mansion overlooks the challenging
18th green of the Arnold Palmer Signature golf course.
Description: Tucked within the
rolling hills of Tennessee on more than 600 acres, The Governors Club
is one of the most prestigious addresses in the Southeast and features
an Arnold Palmer Signature golf course and beautiful custom homes.
Nearest Airport:
Nashville, 20 minutes
Amenities
-
18-hole Arnold Palmer-designed Championship
Course
-
Clubhouse with grill, pub, driving range, putting green and
pro shop
-
Fishing lake
-
Pleasant Hill Mansion Social
Clubhouse
-
Planned Swim &
Tennis Club House will include swimming pool, children's pool, tennis
courts, fitness center, walking trails
Real Estate
-
Custom homes
from the $500,000s to $2 million+
-
Homesites from the
$120,000s
Tennessee: Tops in Low Taxes,
click here to see how you'll keep more of your
money
Click here for Location Map
Click here for Directions
For More Information: Call (615) 776-4343
Two Centuries of Elegance
For two centuries, the historic Governors Club
property has been known for its quiet elegance, gracious living and
warm hospitality. Nestled in the rolling hills of Tennessee on more
than 600 unspoiled acres, this new-community-in-the-making features
grand estate homes, around-the-clock security and first-class
amenities headed by a spectacular 18-hole championship golf course
designed by Arnold Palmer.
Enjoy social activities in graceful surroundings.
Located just minutes from Nashville, The Governors
Club is ideally located in Brentwood, Tennessee, which is known for its
beautiful neighborhoods and homes and rolling countryside. Residents
have world-class shopping, dining, cultural, and sporting events all
within easy reach. Nashville is home to the
NFL's Tennessee Titans and the NHL's Nashville Predators.
Nashville is just minutes away from The Governors Club
The Galleria
Shopping Mall, for example, features a wide array of stores from
Talbots,
The Limited and Abercrombie & Fitch to Brookstone, Barnes &
Noble and The Disney Store.
Arnold Palmer Golf
This commanding Arnold Palmer-designed championship course features
Meyer Zoysiagrass fairways, Crenshaw Bentgrass greens; waterfalls; winding, 150-year-old stone
walls; pearl-white bunkers and dramatic elevation changes.

The 12th hole is especially fearsome.
From the par-4 first hole--with its man-made
lake, plateaued landing and well-guarded green to the stunning 18th hole
with the Pleasant Hill Mansion as its backdrop--this par-72, 7031-yard
course provides a strategically challenging and aesthetically pleasing
golf experience
Waterfalls provide attractive accents.
The Membership fee is $30,000 for members residing within 100-mile
radius of the Club. Members receive a $10,000 credit toward
the Membership Fee with the purchase of a lot from the developer. Dues
are $450 per month.
Real Estate Options
Residents may choose plans from the country's leading architects or
they may choose to have their own personal architect design their
home. Truly a custom-home community, no two homes will be built the
same. To
ensure each home's uniqueness, all plans must be submitted to the
Architectural Review Board for approval prior to construction.

Enjoy fine dining at the Pleasant Hill Mansion Social
Clubhouse.
Prior to the construction process, you can select
your builder from a list of builders The Governors Club has gathered
from among the regions' finest companies. Here is a listing of
neighborhoods with prices:
The Governors Overlook
- Custom homes by Fedrick, Harris Estate Homes.
- Custom Homes from the $500,000s

A stone wall stands watch over the 13th fairway.
The Governors Retreat
- Homesites from $120,000s
- Custom Homes from the upper $500,000s
The Governors Woods
- Homesites from the $130,000s
- Custom Homes from the $600,000s
The Governors Ridge
- Homesites from the $125,000s
- Custom Homes from the $600,000s

A perfect spot for watching the action on the 14th green.
The Governors Estates
- Homesites from the $230,000s
- Custom Homes from $1 million and up
For More Information
The Governors Club is exclusively represented by
Shirley Zeitlin and Company Realtors. The on-site Sales &
Information Center is open daily and may be reached at (615)
776-4343.
Location Map, The Governors Club, TN

Directions
From Nashville:
- Take I-65 South
- Go to Concord Road (Exit #71)
- Turn left on Concord Road
- Go 4 miles to The Governors Club
- Entrance is on the right
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Tennessee: Tops in Low
Taxes
When it comes time to consider the cost of living
at a community and how much youll have to spend each month
on mortgage, real estate taxes, living expenses, golf fees,
etc., there is one consideration that may not get figured into
the equationstate taxes.
While Federal tax is uniform, a move to another state
forces you to consider myriad tax implications: inheritance
taxes, real and personal property taxes, intangibles taxes,
sales tax and, of course, income tax.
The No. 1 state in letting you keep the most amount of your
state income is Tennessee, which would keep only $900 in taxes
on an annual income of $125,000 (see chart). At the other end
of the spectrum, New York City/New York state has the largest
hand outstretched and would take $8,278 annually out of the
same earnings. That yearly tax bite translates into more than
$165,000 over 20 years.
If you earned the same amount in Tennessee over the same
amount of time, you would have had in excess of $147,000 that
you could have spent on travel, golf and your new home. Viewed
in such a light, your choice of state could have a major
impact on not only your cost of living, but on the amount of
capital you will have to leave to your heirs.
Where the Money Might Come From
|
Income Type or Source |
Totals |
|
Wages |
$10,000 |
|
Interest Income |
10,000 |
|
Dividend Income |
15,000 |
|
Capital Gain |
10,000 |
|
Pension/IRAs |
55,000 |
|
Social Security |
25,000 |
|
Total Gross Income |
$125,000 |
Where the Money Goes
State Tax on $125,000 Gross Income
|
State
of
Residence |
Annual
State
Tax |
State's Take After
20 Yrs |
|
Tennessee |
$900 |
$18,000 |
|
Mississippi |
1,170 |
23,400 |
|
Illinois |
1,251 |
25,020 |
|
Pennsylvania |
1,260 |
25,000 |
|
New Jersey |
2,032 |
40,640 |
|
Louisiana |
2,525 |
50,500 |
|
Hawaii |
2,592 |
51,840 |
|
Arizona |
2,978 |
59,560 |
|
Kentucky |
3,232 |
64,640 |
|
Georgia |
3,679 |
73,580 |
|
Ohio |
4,079 |
81,580 |
|
Virginia |
4,213 |
84,260 |
|
Connecticut |
4,481 |
89,620 |
|
Alabama |
4,573 |
91,460 |
|
New York |
5,166 |
103,320 |
|
California |
5,414 |
108,280 |
|
South Carolina |
5,566 |
111,320 |
|
Oklahoma |
5,818 |
116,360 |
|
North Carolina |
6,018 |
120,360 |
|
West Virginia |
6,496 |
129,920 |
|
New Mexico |
6,895 |
137,900 |
|
Maryland |
7,106 |
142,120 |
|
New York City, NY |
8,278 |
165,560 |
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