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9.3. SR 11-21-2016
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9.3. SR 11-21-2016
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• City of Elk River website <br />• Work with the community, center to have information placement. <br />• Direct mailers in March, April, and May to notih, people about the course opening date, leagues, and <br />memberships. <br />• Work with a local charity on an opening weekend where a percentage of green fees world go to the charity, this <br />would help with word of mouth on the course opening. <br />Financial Terms <br />Elk Diver Golf Club is seeking to manage Pinewood. The management fee would be $4,000 per month paid to Elk <br />River Golf from the city for managing Pinewood. The dates of scheduled operations will be from April 1 to September <br />30. If the parties agree that weather and business is at a level to keep Pinewood open outside of this window in any year <br />(ei. Before April 1 or after September 30), the management fee would be at a daily rate of $129.00. The agreement <br />would be for the 2017, 2018, and an option for the 2019 golf seasons. hi addition to the management fee Elk River <br />Golf Club would retaitn 25'/0 of net profit. Both compensation areas are up for negotiation. <br />?ill operating losses are the responsibility of the city however, the use of the expertise of the ERGC staff gives the city <br />the best opportunity to minimize or eliminate losses in the operation. <br />Litigation <br />ERGO has no litigation pending or settled <br />Pricing 2017 Golf Season <br />Weekdays Walking <br />Adults <br />Seniors <br />un or 17 and under <br />9 holes <br />$14.00 <br />$12.00 <br />570.00 <br />18 holes <br />$19.00 <br />Si?.()() <br />S15.00 <br />Weekend Walking <br />Adults <br />Seniors <br />junior 17 and under <br />9 boleti <br />$17.()0 <br />515.00 <br />S13.1KI <br />18 holes <br />522.00 <br />520.00 <br />S 18.00 <br />Cart <br />9 holes <br />55.00 <br />54.00 <br />18 holes <br />sq.Uo <br />$8.00 <br />Memberships <br />Adult Single <br />$455.00 <br />Adult Couple <br />$655.00 <br />Adult Family- <br />$795.00 <br />Senior Single <br />$395.00 <br />Senior Couple <br />$545.00 <br />junior <br />1$225.00 <br />+11/17/2016 <br />PINEWOOD GOLF COURSE - [SELECT DATE] <br />
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