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HomeMy WebLinkAbout6B2(P t3 W 45pUT8 Department of Community Investment Memorandum Monday, February 25, 2013 TO: Redevelopment Commission FROM: Beth Leonard Inks b�l SUBJECT: Blackthorn Golf Course Capital Needs At the most recent Blackthorn Joint Committee meeting in October 2012, the Joint Committee recognized the desperate need for capital investment at Blackthorn Golf Course (see attached) in order to maintain the quality of this City asset. Cash flow from operations is not sufficient to fund these improvements, yet without them, we will soon see significant deterioration in the playability and attractiveness of the facilities. We have recently been successful in winning new (or returning) events to Blackthorn (LPGA event, Coaches vs. Cancer, etc.) and need to maintain the course's excellent reputation in order to keep these functions. We recognize the Commission, several years ago, determined the course should cover these types of expenses from cash flow. We have tried very hard to comply with that request. We seek the Commission's review of the attached list of needs and guidance on how to move forward to protect this precious City asset. Please let us know if you need anything further as you commence your deliberations. Thanks. 227 W. JEFFERSON BLVD. SOUTH BEND, IN 46601 1 P: 574 - 235 -9371 1 FAX: 574- 235 -9021 1 SOUTHBENDIN.GOV kE Uj §�\ (7§ ! / / - -\ - \\ \\ E } - - )/ }! _ \ -- -- -' \ /\ / } ) } } ) } } - s - t . { ; } §�\ (7§ ! / /