pages: CityCouncil/2012-03-06.pdf, 4
This data as json
body | date | page | text | path |
---|---|---|---|---|
CityCouncil | 2012-03-06 | 4 | pro forma for the next ten to fifteen years have been reviewed; both firms were conservative in their numbers. In response to Councilmember Johnson's inquiry, Ms. Sullwold stated the other two firms submitted strong proposals as well; Greenway Golf's proposal is intriguing because they want to invest a lot of money into the Jack Clark South Course to change it into more of a links style course; Greenway Golf has a very solid plan for putting in infrastructure improvements. Mr. Sams stated KemperSport's investment would be $2.5 million for the north course, $750,000 for the Mif Albright Course and driving range, and $1.8 million for the south course. Ms. Sullwold stated KemperSports would not request $1 million from the City, which would mean that $1 million could be added to the proposal; that she is concerned that KemperSports' proposal would invest very little money for the Mif Albright Course; KemperSports would defer the installation of a new pump at the Jack Clark Course until 2014. Mr. Sams stated the City should be applauded for receiving four proposals; the County of Los Angles has gone through the process twice for two large properties over the last eighteen months and no proposals were received; the City has been open to the operators' ideas. In response to Councilmember Johnson's inquiry, Mr. Sams stated both firm's numbers are very conservative. Ms. Sullwold stated figures are very conservative regarding growth and rate increases. Vice Mayor Bonta requested information on Greenway Golf's green approach. Ms. Sullwold stated Greenway Golf prides itself in reducing the amount of chemical use and finding ways for reducing water consumption. Mayor Gilmore inquired what would ensure that the Golf Course would not be in the same situation [deferred improvements] in twenty years, to which the City Manager responded both firms have strong capital improvement funds. Mr. Sams stated 4% would be set-aside annually from golf revenues for the capital improvement fund. The City Manager stated Greenway Golf proposes 3% [for the capital improvement fund] between July 2013 and June 2016 until the amount reaches $500,000; KemperSports proposes 2% from the City's revenues and 2% from KemperSports revenues; the capital improvement fund would top out at $750,000. Regular Meeting Alameda City Council 4 March 6, 2012 | CityCouncil/2012-03-06.pdf |