pages: CityCouncil/2011-07-12.pdf, 9
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CityCouncil | 2011-07-12 | 9 | consultation with any of the other parties about selection of the appraiser; the appraiser was asked to review what the Mif value would be as fully entitled residential and the other land as entitled for residential or commercial, since residential had not been successful. The Recreation and Parks Director reviewed the appraisal numbers. The City Manager stated the differential between the two properties is $1,321,000 and the City is being offered for $5 million; the additional value for the City is profit sharing of nearly $3.7 million. Vice Mayor Bonta the fundamentals of the proposal are very strong and provide many benefits to the community, such as: continuing 36 holes rather than 27, as desired by the golfing community; honoring Council's commitment to continue to provide junior golf and doing so on a superior course; the proposal also includes numerous upgrades, renovations and improved peer reviewed designs and a capital reinvestment plan; the swap of an equal size of land has an over $3.5 million differential in the City's favor; the creative solutions allow the public to enjoy benefits; the land would provide the opportunity for an all weather facility for football, soccer and lacrosse; the proposal provides a long-term plan for a sustainable golf course; the MOU is the first proposal; that he has faith in staff to protect the City's interest. Councilmember Johnson concurred with Vice Mayor Bonta; stated for years, the City has been searching for a sustainable plan to save the golf course; there has been a significant downturn in golf; there are not a lot of golf courses where $9 million is being invested; the proposal is an opportunity for making significant improvements to both golf courses and creating a nine hole; Council would be directing staff to negotiate. Councilmember deHaan stated the vast majority of the holes intersect; the current South Course only has four holes in the area and the proposal has five and a half holes; that he is concerned about safety; Kemper previously came back with a proposal for renovating 36 holes in 10 years; the Mif was being taken care of with a funding stream in place; reviewed various development plans and sports field issues; stated the City is prostituting a good [golf] complex that it should have made successful; stated that he would like to have discussions with Kemper about its other 36 hole proposal. Councilmember Tam stated the Council wants the golf course to stay open and sustainable; the City is going through hard times and has to be creative in dealing with a deteriorating facility with a lot of deferred maintenance; the concept being proposed is worth exploring; the City should look at moving forward with negotiations; that she would like certain items addressed during negotiations: the timing of the City getting the $5 million; the prospective homebuilder should be included; funds should be available simultaneously upon approval of entitlements; that she would like to see plans for the sports fields, the South Course and Mif be completed as soon as possible; that she would like more information on Kemper's contribution based on information Kemper provided on January 25th, in terms of cost recovery and rate of returns. Special Meeting Alameda City Council 9 July 12, 2011 | CityCouncil/2011-07-12.pdf |