Ridiculous. Let's suppose Clublink decides to sell the property because they no longer want it. Golf is hurting and courses are losing money all over. Even older, established private clubs are feeling it. Clublink's ability to proceed has now been severely hampered and who would want to but it knowing this designation is now attached? The only possible buyer is someone wanting to run a golf club. 
Will the city of Oakville be helping out with the costs associated of maintaining such a piece of land? When Clublink goes out of business (a real possibility) who will step in and run the facility? The City of Oakville? Not a chance and yet by this very designation they have delivered a potential knock out blow to Clublink. I'm sure the surrounding neighbours will really appreciate an overgrown golf course outside their back fence with all the fine attributes that come with that. A short sighted and naive decision.