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<br />Item No: 04 A-C <br />Meeting Date: 09/06/05 <br /> Type of Business: WS <br />City of Mounds View Staff Report <br />To: Honorable Mayor and City Council <br />From: Kurt Ulrich, City Administrator <br />Item Title/Subject: Review Golf Course Closing <br /> <br />a. Closing schedule <br />Based upon a schedule for calling the bonds, closing on the property, and the last day of <br />organized league play at the golf course, the last day of operation for the golf course <br />would be September 21, 2005. <br /> <br />Full-time Golf course employees would provide assistance with the inventory, preparation <br />and sale of golf course items over the following two to three weeks after September 21st. <br /> <br /> <br />b. Review Cancellation of Contracts <br />The golf course has two contracts that are to be terminated upon closing: <br />1.) Pepsi Contract <br />The City Attorney is currently reviewing the Pepsi Partnership Agreement and will <br />advise the City on the best course of action. <br />2.) Scorecard Contract – KDM (Golf Score Cards) <br />The City Attorney is currently reviewing the KDM contract and will advise the City <br />on the best course of action. KDM representative, Kevin Duffy, has submitted a <br />letter (attached) requesting a payment of $20,200 to settle the contract. <br /> <br /> <br />c. Disposition of Fixed Assets <br />It is recommended that the majority of the golf course fixed assets, furniture and <br />equipment be sold at auction. The City would have the option to sell some assets to <br />other public entities or at a public sale based on fixed prices on items. Based upon <br />discussions with an auctioneer, the auction could occur the week of October 12th or 17th. <br />Proposals fro auctioneers are being solicited and will be available for Council <br />consideration on September 12th. <br />