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Pinewood Golf Course <br /> May 17, 2014 <br /> Page 2 <br /> 6. How do the expenses for the last two years of the golf course compare to the total <br /> expenses of the course? <br /> 7. Who initiated the process to not make the final balloon payment? <br /> 8. Does the city have the money to make the final balloon payment? <br /> 9. What were the city's alternative plans for the golf course if it did not meet these <br /> financial expectations? <br /> 10. Does the forfeit of the balloon payment have anything to do with saving for future <br /> projects? <br /> 11. If the city forfeits the golf course,will the purchase money need to be repaid to the park <br /> dedication fund? If so,will this money also need to come out of the taxpayer's pockets? <br /> 12. What effect will this have on the city's bond/credit rating? <br /> Future Intentions: <br /> 13. Why did the City enter into the purchase of the golf course? What were their <br /> intentions? <br /> 14. Did the current city council have any intention of continuing Pinewood Golf Course after <br /> the Contract for Deed expired? <br /> 15. What are the realistic conditions the city would consider before re-opening the golf <br /> course? <br /> 16. Has any thought been given to other alternatives available to make the park more <br /> financially attractive (better local advertising,community events like Easter Egg hunts, <br /> Halloween activities,etc.). <br /> 17. How soon would the clubhouse and irrigation system need to be replaced? Is there an <br /> alternative to a 2 million dollar clubhouse? <br /> 18. Realistically, city parks and activities are not profitable;they are an intrinsic reward. Has <br /> city council, behind closed doors or in secret, decided to close other parks and amenities <br /> (i.e. Lake Orono, hockey arena expenses, library expenses,softball, baseball, senior <br /> citizen center,etc.)? If so,why not? <br />