08-10-09 PARC Committee - Laserfiche WebLink

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.~ ~ :" ~ - `'~~ PARC COMMITTEE ~_ AUGUST 10, 2009 Ann Puzzello, Chairperson, PARC Committee called the meeting to order at 4:15 p.m. The following were in attendance: Committee Members Present: Oliver Davis, Tim Rouse, Martha Lewis, Citizen Member Other Councilmember's Present: Henry Davis, Tom LaFountain, Karen White Other's Present: Dennis Andres, Gary Gilot, Tom Price, Kathleen Cekanski-Farrand, Rita Kopala, Ed Ronco Agenda: Bill No. 55-09 - Appropriation - Morris/Palais Fund #273 -Ticket Stock Discussion on Blackthorn -Don Inks Bill No. 55-09 -Appropriation Morris/Palais Fund #273 Chairperson Puzzello called upon Dennis Andres, Executive Director, Morris Performing Arts Center/Palais Royale for the presentation. Mr. Andres said the Morris Center solicits sponsors to underwrite the cost of ticket stock and envelopes. With the $5,600 in hand this ordinance requests the dollars be spent. Councilmember Rouse motioned favorably seconded by Martha Lewis. All affirmed a favorable recommendation to Council. Report -Don Inks -Blackthorn At the Council's request, Don Inks, Director, Economic Development, provided an update on the Blackthorn golf course. He said construction of the course was funded with $8.4 million in Redevelopment bonds. $2.3 million remain outstanding. Debt service amounts to $650,000 a year. Pay off is in 2013. He went on to say that from its first years in the mid-90's the course operated with a surplus. Of late due to competition and the economy it runs at a slight deficit. In response the Redevelopment Commission has solicited bids for both management contracts due to expire this year and for appraisals for possible consideration to self the course. Councilmember Henry Davis asked if the city was being aggressive enough looking at alternatives to manage or sell. Mr. Inks responded saying the RFP for management was for short-term (3 years) with a 1 year provision if sold during that term.