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2011-04-12 Special CC PacketA3 CITY OF ALA11 EDA CALIFORNIA SPECIAL JOINT MEETING OF THE CITY COUNCIL, ALAMEDA REUSE AND REDEVELOPMENT AUTHORITY (ARRA), AND COMMUNITY IMPROVEMENT COMMISSION (CIC) TUESDAY APRIL 12,2011 5:30 P. M. Locatio Cit Council Chambers Conference Room, Cit Hall, corner of Santa Clara Avenue and Oak Street Acienda: 1. Roll Call Cit Council, ARRA, CIC 2. Public Comment on A Items Onl An wishin to address the -Council/Board/Commission on a items onl ma speak for a maximum of 3 minutes per item 3. Ad to Closed Session to consider: Cit Council 3-A. CONFERENCE WITH REAL PROPERTY NEGOTIATORS (54956.8) Propert 1 Clubhouse. Memorial Drive Ne parties: Cit of Alameda and Kemper Sports Under ne n: Price and terms 3-B. CONFERENCE WITH LABOR NEGOTIATORS (Gov. Code Section 54957.6 Agen.c desi g nated repre sentatives: Ma Gilmore and Vice Ma Bonta Unrepresented--emplo Cit Mana Cit Count -iL ARRX.-C.I.0 3-C. CONFERENCE W.ITH LEGAL COUNSEL EXISTING LITIGATION (54956.9) Name of case: SCC Alameda Point, LLC, et al v. Cit of Alameda et al, U.S. District Court, case number CV 10-5178 3-D. CONFERENCE WITH LEGAL COUNSE EXISTING LITIGATIO (54.956.9) Name of case.-. SCC Alameda Point, LLQ. et al v. Cit of Alameda et al Alameda Count Superior Court, case number RG 10537988 4. Announcement of Action Taken in Closed Session, if an 5. Adjournment Cit Council, ARRA, CIC Marie L. Gilmore, Ma Chair, ARRA and CIC CITY OF ALAMEDA CALIFORNIA SPECIAL MEETING OF THE CITY COUNCIL TUESDAY___ APRIL 12, 2 011 ___7:00 P.M. Location: Cit Council Chambers, Cit Hall, corner of Santa Clara Ave and Oak Street Public Partici anon An wishin to address the Council on a items or business introduced b Councilmembers Members ma speak for a maximum of 3 minutes per a item when the subject is before the Council PLEDGE OF ALLEGIANCE 1. ROLL CALL Cit Council 2. AGENDA ITEM 2-A. Discuss Options Related to the Future Operation of the Chuck Corica Golf Complex and Provide Direction to the Actin Cit Mana on Next Steps, Cit y Mana 3. BOARD REFERRAL 3-A. Golf Commission Report to Council 4. ADJOURNMENT Cit Council MAI Marie L. Gilmore, Mayor CITY OF ALAM EDA Memorandum To: Honorable Mayor and Members of the City Council From: Lisa Goldman Acting City Manager Date: April 12, 2011 Re: Discuss options Related to the Future operation of the Chuck Corica Golf Complex and Provide Direction to the Acting City Manager on Next Steps BACKGROUND In May 2007, the City retained the services of the National Golf Foundation (NGF) to conduct a comprehensive operational review of the Chuck Corica Golf Complex (Complex). The study was conducted during a six -month period, and the results were presented to the City Council in January 2008. Upon receipt and examination of this operational review, the City Council adopted a motion directing staff to work with NGF to develop a Request for Proposal (RFP) seeking an interim operator for the Complex. The RFP was developed and distributed to more than 05 golf managements firms in July 2008. seven responses .were. received and initially screened by the Interim Finance. Director, the Golf Commission. Chair, a second Commissioner, the Director of Recreation and Parks, and the then Assistant City Manager for compliance with RFP criteria. The interview panel consisted of ..the Deputy City Manager, the Golf Director for the City of Walnut Creek, and the. golf consultant to the City of San Leandro. Kemper Sports Management was selected by a substantial point margin based upon its experience in providing municipal golf management services, financial capacity and sustainability, and operational references. On November 8, 2008, the City Council authorized the City Manager to enter into a one -year agreement with Kemper sports to provide interim management of the facility. (Dece.mber 2008- December 200 The City Council also directed staff to research potential long -term solutions during this one -year management contract period. Further, during this interim period, the City would transition from City staff to contract staff at the Golf Complex. In July 2009, based on previous City Council direction, staff prepared a second RFP seeking a long -term operator to provide management, operational, and maintenance functions on a long -terra lease basis. The City was also looking for a firm willing to invest much- needed funds in capital improvement, an investment the City had been unable to make for many years. The .RFP was distributed to 05 firms in October 2009. As a result of the national economic market collapse and recession, only two firms in City council Agenda item #2 -A 04 -12 -11 Honorable Mayor and April 12, 2011 Members of the City council Page 2 of 7 the industry submitted proposals, Kemper sports Management and Bellows Golf Manage ment/Landscape Golf Group. Following an extensive review of both of the proposals, Kemper Sports. Management was once again selected as the top firm based on Its national experience and solid reputation in the field as well as its commitment to providing capital funding for critical improvements to the Golf Complex. This review, conducted by the then Interim City Manager, found that Bellows Golf Manage ment/Landscape Golf Group, in ..contrast, .had less ability to invest funds in the Golf complex and would have relied on the. Golf Enterprise Fund Balance to support its capital expenditures. The City Council approved the selection of Kemper Sports Management on March 10, 2010, and directed.staff to begin negotiations for a long -term agreement. DISCUSSION Between March 2010 and December 2010, the then Interim city Manager and the Director of Recreation and Parks worked with Kemper .Sports Managern.ent. to .develop a number of scenarios for the future long -term operation ..of the. Chuck Corica Golf Complex. The scenarios ranged from a no- change option, under which the City retained the services of Kemper under a management agreement, to log -tern lease options for either 27 holes (with nine holes on the South Course closed) or .30 Tholes. On January 25, 2011, the city council held a special meeting on golf in order t0 discuss moving forward with a long -term lease of the facility. Mr. Ben Blake, Executive vice President for Kemper sports Management, presented two scenarios. for the future operation of the Golf Complex as well as background information on the golf market in the Bay Area. According to Mr. Blake, the local golf market is soft, .with calendar .year 2010 ,rounds down between 6% and 9% at local golf courses (Metropolitan, Tilden, .and Monarch Bay). Course Configuration At the January 25, 2011, meeting, Mr. Blake presented Kemper's proposal to secure a long -terra lease with a 27 -hole configuration. According to Mr. Blake, this configuration would have allowed an investment (via bond financing) of $5 to $5.25 million in capital improvements to the Golf Complex, including the driving range. The list of capital expenditures (known as CAPBx included: 0 Clean out drainage canals 0 Renovate irrigation system 0 Replace sand mix and grass on greens 0 Repair drainage and replace sand in bunkers 0 Renovate driving range 0 Repair fairways and tees Honorable Mayor and April 12, 2011 Members of the City Council Page 3 of 7 Under this scenario, Kemper believed that it could service the debt payments from the bond financing and have enough positive cash flow to participate in some level.of profit sharing with the city. That profit sharing amount would have been the subject of negotiations between the city and Kemper. At the meeting, Mr. Blake also addressed the 30 -hole scenario under which the two courses continue to operate as is. Mr. Blake assumed under this scenario that it .would cost just under $8 million to renovate the 38 holes and the driving range. This.close. to $8 million figure was based on the estimate included in the National Golf. Foundation report. The NGF report, which was dated September 2007, included the following rough estimates for capital expenditures: Fix/repair artificial turf at driving range $1,000,000 Improve 18 -hole south course $3,000 Improve 18 -hole North Course $3,250,000 Miscellaneous repairs of restroorns, entryway, maintenance area 370;000 Total $7,620,000 Given the amount of funding available ($5 to $5.25 million), Kemper did not believe that it was prudent to spread this funding over 35 holes and dilute improvements. Rather, they believed that a 27 -hole configuration would allow them to make the necessary repairs and course improvements with the available funding while still providing sufficient capacity for tournaments and general play. After discussing Kemper's proposal and receiving public comment, the City. Council asked that the item be brought back at a later date so that both the council and the community could review the scenarios that Kemper and the former Interim City. Manager discussed between March and December 2010. Much of this information Kemper considered to be proprietary and therefore confidential; summaries. of the information were shared with the City council and members of the golf community in early February. Fi nand n During a discussion with Kemper in early February, staff learned that the questi.on .of bond financing for the project was not settled. It was Kemper's understanding, based on their discussions with prior staff, that the city would issue tax- exempt bonds for this project, and Kemper would pay the debt service on those bonds. Current staff understood that under the contemplated transaction, Kemper was going to issue the bonds and be responsible for the debt service. unfortunately, neither scenario is feasible. A golf course financing undertaken by the city would not be considered a public use eligible for tax exempt financing, even though the Golf complex would continue to be a City-owned asset, because the Golf Complex is intended to be leased to a private party. The City could undertake a financing for a taxable bond, but the rates would likely be Honorable Mayor and Members of the City council April 12, 2011 Page 4 of 7 much higher than for a tax exempt bond, and the city's General Fund would have to back the bonds. This means that the General Fund would have the burden for any default on the bonds, which is neither feasible nor prudent. New Kem er Prop osal As a result of the misunderstanding related to the financing, staff asked Kemper to revisit its proposal and determine if there was any gray to raise the necessary funds privately. Between early February and early April, Kemper worked to find private funding for the Golf complex. Unfortunately, given the state of the economy, Kemper was unable to secure private financing in order to make the $5 to $5.25 million in investments. As a result, Kemper submitted a new proposal to the City in early April in which Kemper would retain the existing 30 -hole course configuration. over the first ten years of the proposed 20 -year lease agreement, they would make $5.8 million of improvements to the golf course and the driving range (Exhibit 1). Kemper would fund the improvements to the Golf Complex through the use of the operating income from the course and would contribute $500,00O its own money upfront to start the renovations in 2012. Each year through.2022, Kemper would spend approximately $500,000, or more if operating results are better than projected, on renovations (with the exception of one year in which the renovations would be approximately $350,000). The renovations include work on the drainage and irrigation, renovation of the driving range, replacing the greens on the south Course, renovating the tees and bunkers on the south course, and repairing the cart paths.. For..the second ten years of the 20 -year term, Kemper would pay the City a Nigher percentage of the revenues in order to fund additional Golf Complex improvements. All. of these points would be subject to negotiations should the City Council direct staff to move forward with Kemper and negotiate a lease agreement that would be subject to City Council approval. Alternative Proposais At the City Council meeting on January 25, some members of the community suggested that other golf management firms would be willing to invest significant resources in the Golf Complex if given the opportunity. over the past several months, three .golf firms, Bellows Golf Management, Greenway Golf, and Billy Casper Golf sent unsolicited letters to the City expressing their interest in the Chuck Corica Golf Complex. Those letters are attached as Exhibits 2, 3, and 4, respectively. Given that staff's last direction from the city Council, on March 16, 2010, was to enter into negotiations with Kemper Sports Management, staff has not discussed the letters of interest with the three firms. Should the City Council be interested in entertaining offers from operators other than Kemper, staff would recommend that the City issue a new RFP and conduct an open, transparent, competitive selection process. Honorable Mayor and April 12, 2011 Members of the City Council Page 6 of 7 Staff estimates that an RFP process could take three to six months to complete. It is important to note that between now and the end of June, the Acting city Manager and other staff who would work on this RFP will be immersed in the City's budget process, thereby potentially delaying the completion of the RFP process to some time in the.fall. On April 6, 2011, the city council received a fetter from Harbor Bay Isle Associates (HBIA) regarding its interest in the Chuck Corica Golf Complex. That letter is attached as Exhibit 6. HBIA's proposal includes three elements: 1. HBIA will consider providing up to $6 million to upgrade and reconfigure the .existing 36 holes of golf and create a new course for juniors and seniors on a. portion of the reconfigured south Course. The $6 million would also be used to repair drainage and irrigation and provide enhanced fairways, greens and bunkers. 2. HBIA will transfer the 12 acres of property it owns on North Loop load to the pity for the creation of soccer fields, baseball fields, and concession and rnaintena.nce facilities. They would contribute $3 million toward this plan. The Landscape and Maintenance District funded by the Harbor Bay Business D.istri would maintain the property in perpetuity, thereby relieving the city of maintenance. costs for the. new sports fields. 3. HBIA would exchange its property. on North Loop Road for the 12 acres .of the Mif Albright Course, upon which it would build its Village 6 housing proposal. According to HBIA, this proposal would bring many benefits to the City of Alameda. and to the greater Alameda community. It would preserve and improve the Golf. Comp lex, ensure that youth and seniors have a course of their own, and provide much- needed sports fields and facilities. Under this proposal, HBIA would not operate the Golf Complex. Kemper or another golf. operator. would perform this function. Staff .has. not had an opportunity to fully analyze. this proposal but felt it appropriate to include this information in the report for the public's benefit. Mif Albright On December 7, 2010, the City Council approved a notion to .direct staff to finalize negotiations for the lease of the Mif Albright Course with the principals of the Alameda Junior Golf Association (AJGA) and. to reserve $10.0 from .the.. Golf Enterprise Fund as a match for a grant from the Wadsworth. Foundation to AJGA for the Mit Albright Course. The Wadsworth Foundation is offering not only $260,D00 in cash for the course but also in -kind support for capital improvements to the course. In return, they are seeking an agreement from AJGA to operate the Mif Albright Course for 15 years. Staff has been negotiating with the members of. AJGA since January on this proposal and has general agreement on a term sheet (Exhibit 6). Some of the items on the term sheet, such as use of the Driving Range Pro Shop to support the Mif Albright operations Honorable Mayor and April 12, 2011 Members of the City Council Page 6 of 7 and use of teaching stalls at the Norma Arnerich Teaching Center, require discussions between AJGA and the eventual operator of the Chuck Corica Golf Complex. The actual lease agreement will be brought to the City Council for approval in the future. Golf Enterprise Fund Balance At the end of February 2011, the Golf Enterprise Fund cash balance was $594,576, and the available fund balance was $343,353, net of the $100,000. reserved for the Mif Albright matching grant. The difference between the cash balance of $594,57.6 and the available fund balance of $343,353 is comprised of funds that have been committed for payments to vendors and for future redemption of previously issued gift certificates in essence bills that will come due but .have not yet been paid. When the C.ity Council adopted the FY 10 -11 budget for the Golf Complex, the beginning avai lab.le fund balance was projected .to be $690,372, while the available ending funding balance.was projected- to be $1,065,562, an increase of $375,190. (These are. the amounts that appear i n the City's adopted budget.) However, the actual beginning fund balance, which is also the available ending fund balance for the prior year, was $657,644, as. can be seen on Exhibit 7, which shows a ten -year history of the Golf Complex finances. As the spreadsheet shows, the available fund balance dropped from a high of $3,629,527 in FY04 -05 to a low of $343,353 at the end of. February .2011. In order to project an ending fund balance for the current fiscal year, staff assumed that revenues and expenditures for the remainder of .this fiscal year (March 1 .through June 30) would approximate revenues and expenditures for. the same period last year. If those assumptions hold, then .the Golf Enterprise Fund Balance will be .$605,847. as .of June 30, 2011, rather than the $1,065,562 included in the FY10 -11 budget. Should. the Golf Complex experience good weather. through .the remainder of. this fi.scai year, then the revenues may rise, and the fund .balance ma be. greater than the $605,847 currently projected. Conversely, a period. of bad weather, such as the Golf Complex experienced in March, may negatively affect the fund balance. FINANCIAL IMPACT As described above, the Golf Enterprise Fund had a cash fund balance of $594,576 and an available fund balance of $343,353, inclusive of the $100,040 reserved for the. Mif, as of February 28, 2011. while Kemper has managed to slow the rate of revenue loss, the current situation is not sustainable. RECOMMENDATION Discuss options related to the future .operation of the Chuck Corica Golf Complex and provide direction to the Acting City Manager on next steps Honorable Mayor and Members of the city Council Exhibits: 1. Letter from Kemper Sports Management 2. Fetter from Bellows Golf Management 3. Letter from G reenway Calf 4. Email and supporting materials from Billy Casper Golf 5. Letter from Harbor Bay Isle Associates 6. Draft term sheet for non profit operation of the Mif Albright Course 7. Golf Course Income statements, FY00 -01 through FY10 -11 April 12, 2011 Page 7 of 7 T'... :'?g v '71�:.�'r.` .f7�.: ,G.Y?!e.'4:S'.►r`.: ".w' As r►i rt x. x A I M SF t woo I 01: MWtlMMlU_AM_W; MIARI'11_0; �fcz.'���a. 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