Atlántida is also the name of the municipality to which the town belongs and which includes a few more resort towns to the north and to the west of the town, i.e. Estación Atlántida, City Golf, Villa Argentina, Fortín de Santa Rosa and rural areas to their north.
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Founders including John Montgomery Ward, from Garden City Golf Club, the association's first President and a member of baseball's Hall of Fame, John N. Stearns Jr., of National Golf Links of America and Piping Rock, and Gardiner White of Nassau Country Club gave their active support for the fledgling organization.