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3) Market RFPs for private-market golf management and/or lease <br /> Staff would need to develop a Request for Proposal (RFP) and market to golf management firms <br /> and existing golf course operators. Staff's initial research has found that most golf operators will <br /> expect a fee minimum in the range of$40,000 - $60,000 or higher depending on equipment <br /> availability within the RFP process. <br /> The Wilson Golf Group indicated,based on Pinewood financials from 2012 and 2013, most golf <br /> operators will not be interested in a purchase or lease option. Staff identified a few 18- to 27- <br /> hole leased courses but no 9-Hole course leases in the Twin Cities area. The Executive 9-hole <br /> City of New Hope Golf Course pursued a lease option six years ago and was not successful <br /> because they lacked the space for a driving range. <br /> A Golf Management firm such as Wilson Golf Group could assist with the operations of <br /> Pinewood through a management contract estimated to cost at least$40,000. This might be an <br /> option to get the course up and running more efficiently for 2017. The cost of a golf course <br /> management contract would be in addition to the cost of operations. <br /> Michael will make a presentation on these options for discussion. It will start with a discussion on <br /> golfing trends, Pinewood history and analysis, and a discussion on department subsidy levels. <br /> Financial Impact <br /> N/A <br /> Attachments <br /> ■ Pinewood Golf Financials for 2012 and 2013 <br /> N:APublic Bodies\Agenda Packets\06-06-2016\Final\x10.3 sr Pinewood Golf Course ws.docx <br />