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RESOLUTION NO. 5490 . RESOLUTIO~ APPROVIl'lG THE BEST USE OF THE PROPERTY BETWEEN SYSCO AND THE EXISTING GOLF COURSE, IS AN ADDITION OF NINE ADDITIONAL HOLES OF GOLF. WHEREAS; through a two year hydrology study conducted by Peterson Environmental. and with input from Rice Creek Watershed and Thc Corp of Engineers, it has been detcl111ined that thcre is enough land for expanding Thc Bridges Gol r Coursc by ninc holes. WHEREAS; staff has conducted a cost benetit analysis of adding nine additional golf holes. a clubhousc bar and restaurant. an expanded range. and lighting the course at night. The plll1JOSC of this analysis was to determine a project that would produce positive cash flow and help offset cxisting dcbt on the first nine holes. WHEREAS; there may be additional funding sources from the First Tee Organization, Billboard Lcasing, The State of Minnesota. and Rice Creek Watershed. WHEREAS; we will pursue reducing thc cost of construction by using golf course personnel. WHEREAS; thc existing golf course is on average 73l~.~ abovc its projected maximums and necds additional golf times for its youth and beginncr gol f programs. . WHEREAS; a survey was conducted by city stafr. that showed an expansion of the golf course was highly desirable. WHEREAS; the Golf Course Committee has examined in detail the options for Thc Bridges Golf Course and unanimously recommended a ninc hole expansion. WHEREAS; the City Council authorizes staff to proceed with thc following steps which will result in the expansion of the Bridges Golf Course. 3) 4) 5) 6) . 7) 8) 9) 1) Pursuc becoming a member of the First Tce so that we can continue to afford subsidizing the training of youth and other new golfers. 2) Have an independent examination ofthc project feasibility conducted, to verify the numbers presented by the golf course staff; should this analysis support staffs findings the follo\ving steps will procecd; should this analysis fail to support statTs findings the following steps will becomc null and void. Dctcrmine if financing would be provided either intcmally or extemally. and with or without billboards. Pass a resolution to have thc costs incurred from this process to be reimbursed to the City of Mounds View from thc final financial package. Hirc an architect to formulatc plans and specitications. Approval of plans and specifications Lctting out of bids. Approval of bids. Approval of funding source. (':'..\f)\.IIN'.RFSO!. LTU 'C,5.+')O, (j,,1 i" ,,,urs, expansj"n--.Illhn Ilal1ll1lerschl1lidl.d"e