8.2 SR 02-16-2021 - Laserfiche WebLink

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Project Overview The City of Elk River requests proposals from responsible firms, individuals, or teams for the purchase of the Pinewood Golf Course through: 1. Fee Title or 2. Contract for Deed Pinewood Golf Course consists of a 9-hole executive course with a 1,700 square foot clubhouse and a pole barn maintenance building. Any sale will require that Pinewood be operated as a golf course for a minimum of ten (10) years. Respondents shall outline their proposed terms as it relates to the type of sale sought. Final terms will be negotiated with the successful respondent(s). Purchase Agreements will only be entertained for the entire golf course property and buildings and shall at a minimum include the following in their responses: 1. Type of Sale Proposed. 2. Proposed minimum period of operation as a golf course and mechanism for ensuring operation. 3. Purchase amount and proposed terms of payment. 4. Evidence of Financial Resources. The intent of this request is for the City of Elk River “City” to sell the Pinewood Golf Course property “Course”, equipment and operations and said property, equipment and operations become the responsibility of an individual or management firm, hereinafter referred to as the “Firm”. Section 2: Background City Profile The City of Elk River is the county seat of Sherburne County, Minnesota located approximately 34 miles northwest of Minneapolis situated at the confluence of the Mississippi and Elk rivers. The 2015 population was approximately 24,000. Parks and recreation facilities are essential to Elk River’s identity and to the quality of life for residents. With 42 parks and recreation facilities and more than 1,000 acres of parkland, the city has a strong commitment to parks and recreation for residents and visitors alike. Through the city passes the Great Northern Trail (north/south) and the Mississippi River Trail, connecting Lake Itasca to the Gulf of Mexico. To protect, cultivate and guide future strategic decisions, the City Council adopted the Parks and Recreation Master Plan in June of 2015. The plan provides direction for the Council, the Parks and Recreation Commission and city staff for strategic decisions impacting the parks and recreation system. Pinewood Golf Course Profile Pinewood Golf Course lies on the westerly corporate limit of our active and growing city. The course is a 9-hole, Par 30 executive length course on approximately 27 acres of land. Course length ranges from 1,497 to 1,832 yards.