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driving range could be relocated to the west. A feasibility study would <br />need to be conducted. <br /> <br />2.) Develop wetland credits for western (Sysco) property or other Course <br />areas: <br /> The City could benefit by selling wetland credits on this property to <br />willing developers. A Hydrology study of the western (Sysco) area was <br />performed City by 2000 by Peterson Environmental Consulting and is <br />available for RCWD review. The City may need to perform additional <br />engineering study and then find developers willing to purchase such <br />wetland credits. There is a bank established by the state for such an <br />exchange. This would be a one time cash infusion that could be used <br />to buy-down debt. The Rice Creek Watershed District has interest in <br />further review of this option. <br /> <br />3.) Move all wetland area to the west and develop/consolidate course to east <br />side of property: <br /> This could open up more land for private development. This would be a <br />one time cash infusion that could be used to buy-down debt. A <br />feasibility study would need to be conducted. <br /> <br />4.) Move Holes #2, 3, 4, 5 to wetland area to the west and develop consolidate <br />course to east side of property: <br /> This could open up more land for private development. This would be a <br />one time cash infusion that could be used to buy-down debt. A <br />feasibility study would need to be conducted. <br /> <br />5.) Consolidate course to east side of property. Move two holes to the wetland <br />area between #2, 3, 4, 5, and 6 and develop: <br /> This would eliminate the present location of holes#8 and 9. This could <br />open up more land for private development on the west side of <br />property. This would be a one time cash infusion that could be used to <br />buy-down debt. A feasibility study would need to be conducted. In <br />addition, deed restrictions on land would need to be cleared via State <br />legislative action. <br /> <br />5.) Negotiate with Sysco to develop portions of donated land: <br /> This could open up more land for private development. This would be a <br />one time cash infusion that could be used to buy-down debt. A <br />feasibility study would need to be conducted. <br /> <br />6.) Expand Golf Course to 18 holes: <br /> This may marginally increase the City’s operational profit, and would <br />likely increase debt obligation. Research would need to be done <br />regarding construction cost and payback period. <br /> <br />7.) Upgrade driving range to increase capacity and expand season <br />(Heated double-deck, golf dome, virtual golf): <br /> This may marginally increase the City’s operational profit, and would <br />increase the debt obligation in the short-term. Research would need to