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<br /> <br />1.) Sell Golf Course (retain billboard revenue): <br /> The sale of the course would need to at least equal level of current <br />debt ($4,045,000) in order to break even. The title search impacts this <br />option. <br /> <br /> <br />Conclusion: <br /> <br />Staff is astute to these developments; and will continue to update as <br />opportunities necessitate and/or Council directive is required. <br /> <br />Respectfully Submitted, <br /> <br /> <br /> <br /> Mary Burg, <br /> Golf Course Manager