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11. All Blackthorn Golf Course receipts shall be deposited daily directly into the City <br />bank accounts as directed by the City Controller. Currently, all disbursements are <br />made directly from these accounts as well, and the City charges Blackthorn <br />$33,541.00 per year for this service. Bidders may propose changes to the <br />disbursement portion of cash management, but must explicitly outline those <br />changes in the bid documents. If not, the current process will be assumed. <br />12. Manager shall establish and maintain a comprehensive system of inventory <br />records, sales data, books and accounts in a manner satisfactory to the owner and <br />subject to applicable state law, and shall meet monthly during the Golf Season <br />with Owner to review the Annual Operations Plan and Annual Operating & <br />Capital Budget and any significant additional unanticipated items of income or <br />expenses. <br />13. Provide a certificate evidencing fidelity insurance coverage with sureties in the <br />amount of not less than $5,000,000.00 <br />V. REQUIRED BID SUBMISSION DOCUMENTS. <br />1. An Operations Plan outlining how Manager will operate and maintain the <br />course, pricing structure, marketing plan and proposed staffing. <br />2. A proposed 2010 Annual Operating and Capital Budget — Include a <br />description/explanation of each line item. <br />3. Corporate Resume — experience of organization, other courses managed, <br />awards, etc. <br />VI. BID EVALUATION. The Redevelopment Commission shall evaluate and consider <br />the following factors in its review of Bids: <br />1. The degree to which the bid meets the objectives of the Development Plan <br />for Airport Economic Development Area and meets or exceeds the Scope <br />of Facility Maintenance and Operation Services stated above; <br />2. The cost to the Owner; and <br />3. The experience of the Bidder. <br />The Owner reserves the right to reject any or all bids or to accept a full or partial award <br />of the bid or bids which, in its judgment, will be in the best interests of the Owner. <br />