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WYOF REQUEST FOR COUNCIL CONSIDERATION <br /> Agenda Section: 10. <br /> STAFF REPORT Report Number: 96-1592WS <br /> 7P•lire 4��J ,Partnetsb'W AGENDA SESSION DATE February 5, 1996 Report Date: 1 2 96 <br /> s <br /> DISPOSITION <br /> Item Description: Effective Golf Course Systems (EGCS) Report Recommendations and Evaluations <br /> Administrator's Review/Recommendation: <br /> - No,comments to supplement this report <br /> - Comments attached. <br /> Explanation/Summary (attach supplement sheets as necessary.) <br /> RUMMARY; <br /> Effective Golf Course Systems principals will be presenting an <br /> overall operations evaluation of The Bridges golf course and will <br /> also provide recommendations for operations . I have provided a <br /> breakdown of 1995 golf course finances . This is an atypical year <br /> of operation expenses and revenues because #1 we have <br /> incorporated "grow in" or maturation expenses for the start up <br /> costs and #2 we operated only 1/2 season. Therefore, typical <br /> operational expenses and revenues are not provided. The first <br /> • year did result in revenues over expenses and we did not borrow <br /> from the sewer and water fund for debt service . This sewer/water <br /> fund is however still available for borrowing should the golf <br /> course need it for some reason in the future . I have talked with <br /> Bob Thisle, financial consultant, to maintain a handle on the <br /> financial picture . As I had mentioned to you before, the bonding <br /> company called to ask the status of the golf course so that they <br /> could share the information with the bond investors . They were <br /> very happy to hear the great financial picture, the number of <br /> actual rounds and the anticipation for next year ' s golf activity. <br /> John and I have met with EGCS to bounce off ideas and formulate <br /> activities and programs . John has been interviewing candidates <br /> for golf instructors . This is an important time to gain a <br /> commitment from instructors since the golf lesson and league <br /> brochure needs to be prepared, printed and distributed in <br /> February. Depending upon the weather conditions, the practice <br /> range could open in late March and the course could open in early <br /> or mid April . <br /> AO( <br /> Mary Saari•n, Dlei c •r of Parks, Recreation and Forestry <br /> 0 <br /> RECOMMENDATION; <br />