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<br /> <br />Request for Action <br /> <br /> <br />To Item Number <br />Mayor And Council 6.5 <br />Agenda Section Meeting Date Prepared by <br />Presentations, Awards, January 22, 2019 Michael Hecker, Parks and Recreation Director <br />& Recognition <br />Item Description Reviewed by <br />Pinewood Golf Course Update Lori Ziemer, Finance Director <br />Reviewed by <br />Cal Portner, City Administrator <br /> <br />Action Requested <br />Presentation and Discussion <br /> <br />Background/Discussion <br />The City Council approved the Pinewood Management Agreement on March 6, 2017, for the Elk River <br />Country Club to operate the Pinewood Golf Course. <br /> <br />The city pays the Elk River Golf Club a management fee of $4,000 per month during the months of April <br />through September during the length of the two-year contract, 2017-2018. The city pays for all operating <br />expenses and all revenues from Pinewood operations accrue to the city. <br /> <br />Chris Singer from the Elk River Golf Club will make a presentation to the City Council on Pinewood’s <br />second year of operations. <br /> <br />Financial Impact <br />N/A <br /> <br />Attachments <br /> December 2018 Financials <br /> <br /> <br /> <br /> <br /> <br /> <br />The Elk River Vision <br />A welcoming community with revolutionary and spirited resourcefulness, exceptional <br />service, and community engagement that encourages and inspires prosperity <br />