Inland Real Estate Auctions Inc. announced today it will auction Tuscumbia Country Club in Green Lake, Wis., home to the state's oldest golf course.
The resort property also includes a full restaurant and the Green Lake Lodge, a 10-unit log cabin-style luxury condominium development completed in 2006 and an adjacent development site. The auction will take place in May.
The winner of the auction will own an 18-hole golf course that was founded in 1896. The resort destination includes a recently constructed clubhouse that is home to 680 North, a full-service restaurant in a venue suited to live entertainment. Green Lake Lodge offers upscale hotel/condominium living, complemented by the club's amenities and located next to Green Lake.
"This is another case where the auction process is an ideal fit for selling high-value trophy properties," said Frank Diliberto, president and chief executive officer of Oak Brook, Ill.-based Inland Real Estate Auctions. "It's difficult to place a value on an operating resort business, especially when there's a development component to the package. The auction process establishes bids from various buyer-types, providing real evidence of value."
Interested bidders are asked to call the auction line at (630) 990-5350 for additional information.

Saz's State House will operate the new Saz's Victory Club, an all-inclusive race day experience for fans and corporate guests, at The Milwaukee Mile this year.
"Serving race fans at Saz's Victory Club on race days will be a great way for us to introduce our unmatched, quality menu selections, to the most loyal fans in all of sports," said restaurant owner Steve Sazama (Saz). "Saz's is proud to be a part of the great racing heritage of The Milwaukee Mile, as we celebrate 32 years of serving Milwaukee."
For each major race day, Saz's Victory Club at The Milwaukee Mile will feature some of Saz's most popular menu items, including smoked pulled pork with Saz's Original Sauce, mozzarella marinara and grilled chicken breasts with Saz's Vidalia Onion Sauce.
"We are excited to continue to enhance our race day experience with the announcement of Saz's Victory Club, and are thrilled to bring a taste of Milwaukee's favorite restaurant to the speedway," said John Doyle, The Milwaukee Mile's group sales and corporate hospitality manager.
The partnership involves moving The Mile's fan and corporate hospitality location of Saz's Victory Club to the fully-equipped permanent structure of Saz's High Life Pavilion, creating a well-shaded, casual atmosphere on the fan midway.
The Milwaukee Mile's 2008 racing season features the stars of the IndyCar Series racing on Sunday, June 1, in the ABC Supply/A.J. Foyt 225. Sharing the weekend will be the Firestone Indy Lights and the Sears Auto Center 150 USAR Hooters Pro Cup Series events. Wisconsin's biggest motorsports weekend will happen at The Mile June 20-21, with back-to-back NASCAR action under the lights, featuring the NASCAR Craftsman Truck Series and NASCAR Nationwide Series (formerly Busch Series).  The speedway's traditional August 22-24 Governor's Cup weekend features Wisconsin NASCAR superstar Matt Kenseth competing in a 100-mile super late model race, plus the grassroots Mid-American Stock Car Series and emerging national stock car standouts competing in the ASALMS Challenge Division and ASALMS North Division.
Saz's Victory Club packages start at $165. Additional information is available at www.milwaukeemile.com/VictoryClub.asp.

Lake Shore Wisconsin Corp., the proposed holding company for Lake Shore Bank in Sheboygan, announced the formation of its board of directors.
Joining James Meisser, who will become the nation's first profoundly deaf bank president and chief executive officer, will be chief operating officer and controller Jeanene Meisser and chief credit officer and managing director Thomas Schueller. Other members of the board will include: Miguel Bayliss, Sheboygan; Richard Bemis, Sheboygan; Eldon Bohrofen, Kohler; Anne Grunau, Milwaukee; Edward McKelvey, Sheboygan; Stephen Skoronski, Kohler; Richard Testwuide, Bell Canyon, Calif.; Daniel Waibel, Sheboygan; and Dirk Zylman, Sheboygan.
Lake Shore will be located at 615 Pennsylvania Ave. in Sheboygan and is expected to open by early third quarter 2008.

Major League Baseball Commissioner Allan "Bud" Selig will receive a Lifetime Achievement Award from Jewish Family Services Inc. (JFS) in Milwaukee.
The organization will bestow the award at its Luncheon of Champions on Wednesday, June 4, from 11:30 a.m. to 1:30 p.m. at the Italian Conference Center.
Alan Wagner, an attorney with Whyte Hirschboeck Dudek S.C., and his wife, Stephanie Wagner, will co-chair the event.
The agency will also recognize: "Most Valuable Players" Suzy Ettinger, past president of the former Mt. Sinai Woman's Auxiliary and of the Wisconsin Society for Jewish Learning; Andrew Schuster, young volunteer and founder of Hire-A-Mench; and Rockwell Automation, all for outstanding contributions to JFS and the Milwaukee community through philanthropy, volunteerism and overall social awareness.
Sylvan Leabman, president and chief executive officer of JFS said, "This luncheon will provide an opportunity for us to highlight the leadership and commitment that these individuals have displayed in the Milwaukee community and beyond. Their efforts continue to help JFS better meet the evolving needs of our clients and the greater Milwaukee community."
The fee to attend the luncheon, which is open to the public, is $50. For more information, contact Sarah Drilias at (414) 225-1342.

Oshkosh Corp. chief executive officer Robert Bohn says the company is planning a $9 million to $10 million office expansion in Oshkosh. Read more in SBT's daily roundup of headlines from newspapers across the state at www.biztimes.com.

Congressman Paul Ryan says the time for Congress to take action to save Social Security and Medicare is now. Read more in today's Milwaukee Biz Blog.

The BizTimes Stock Index fell .37 points to close at 153.38 Wednesday, and local stocks showed few signs of rebounding in early morning trading today. The largest local decliners this morning were Bucyrus International Inc. (down $3.09 to $104.08) and Brady Corp. (down 70 cents to $33.30). The largest local advancers this morning were Badger Meter Inc. (up $2.58 to $46.68) and Rockwell Automation Inc. (up $1.13 to $57.34). The BizTimes Stock Index was created by Small Business Times and is monitored by North Shore Bank. The index, which measures the stock values of publicly held companies based in southeastern Wisconsin, is updated daily and can be viewed at www.biztimes.com.