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ALBANY, GA --
With the dog days of summer in full swing, thousands of golfers all over the country are enjoying the best season for their sport. However, the River Pointe Golf Club in Albany is experiencing a drought that has landed them in hot water.

"This was a routine, using cash as collateral in connection with the case. The initial budget was approved by the court, and authorized the payment of all normal operating expenses going forward," said River Pointe attorney, Wes Boyer.

River Pointe has racked up over 1.3 million dollars in debt, owed to SB&T bank through several standing loans. With the property only being valued at 1.1 million dollars, the bank is allowing River Pointe to pay back the money through monthly installments of $3,521 dollars.

However several strict guidelines have been set, such as monitoring of the courses expenditures, plus demanding that River Pointe put any and all profits, into accounts held by SB&T bank. However, Boyer says this was a definite win for the course.

"We also had some further discussions on the overall resolutions, and the bank's own attorney acknowledged in court that the bank was willing to work with us, and see this thing through," said Boyer.

The course is allowed to use cash as collateral through the next 30-days, until the new guidelines go into effect. But for the ownership group, they're just happy to have a fighting chance to save their course.