Indian Creek Golf Club October 13 2015 Lakes

Indian Creek Golf Club October 13, 2015

Lakes Course Condition - Summary • Tees – Very good condition, needs typical fall/winter maintenance • Fairways – varies, some are in average/good condition, some below pre-flood conditions • Greens - Good condition, needs typical fall/winter maintenance • Bunkers – Poor condition, needs drainage work, sand/silt removal, new sand • Misc. – Cart path work, significant irrigation repairs, tree trimming/removal needed, some debris clean-up • Driving Range – Poor condition, below preflood condition.

Lakes Course Green

Lakes Course – Green and Collar

Lakes Course Bunker

Lakes Course – Cart Path

Lakes Course – Erosion Control

Lakes Course – Silted Bunker with Drainage Issue

Lakes Course – Silted Bunker with Drainage Issue

Lakes Course - Fairway

Lakes Course – Drainage Issue

Lakes Course – Cart Path

Lakes Course – Cart Path

Lakes Course – Irrigation Leaks

Driving Range

Lakes Course – Non-Recurring Cost (Pre-flood condition) Bunker Costs $204, 000. 00 Equipment Costs $93, 500. 00 Drainage Repair $66, 000. 00 Tree Trimming $60, 000. 00 CH Start Up 87, 000. 00 Cart Path 40, 000. 00 Irrigation and Aerification 25, 000. 00 Total $575, 500. 00 *Sand (1, 100 tons to cover 50, 000 sqft) *No Bunker liners *Includes scheduled tree removal/trimming *Includes additional cart path repairs (will not fix all areas of damage)

Lakes Course – Non Recurring Cost (Worse condition than pre-flood) Bunker Costs $204, 000. 00 Equipment Costs $93, 500. 00 Drainage Repair $66, 000. 00 Tree Trimming $20, 000. 00 CH Start Up 87, 000. 00 Cart Path 20, 000. 00 Irrigation and Aerification 25, 000. 00 Total $515, 500. 00 *Sand (1, 100 tons to cover 50, 000 sqft) *No bunker liners *Does not include scheduled tree removal/trimming *Minimal cart path repairs

Lakes Course – Non-Recurring Cost (Better condition than pre-flood) Bunker Costs $330, 000. 00 Equipment Costs $93, 500. 00 Drainage Repair $66, 000. 00 Tree Trimming $60, 000. 00 CH Start Up $87, 000. 00 Cart Path $40, 000. 00 Irrigation and Aerification $25, 000. 00 Total $701, 500. 00 *Higher grade sand (1, 100 tons to cover 50, 000 sqft) *Includes bunker liners (same as Creek course) *Includes scheduled tree removal/trimming *Includes additional cart path repairs (will not fix all areas of damage)

Lakes Course – Recurring Cost Eagle/Arcis Maintenance Nov-Dec 2015 Eagle/Arcis Operating 2016 Cart Lease City Operating (Nov 2015 – Dec 2016) Ongoing Capital Maintenance $160, 000 $1, 631, 000 $68, 000 $175, 000 $50, 000 Total $2, 084, 000 Est. Revenues $1, 017, 000 Nov-Dec 2015 Cost and 2016 Cost ($1, 067, 000) *Includes basic maintenance on Creek Course *Eagle/Arcis estimated 30, 000 rounds on the Lakes Course (April – December) *Does not include $334, 158 General Fund Overhead Allocation *Does not include $407, 628 (2016) Debt Service *Does not include $373, 661 (2017) Debt Service

Lake Course -Timeline • • • Routine Seasonal Maintenance in Fall/Winter Bunker Repairs – Winter Cart path replacement – Winter Delivery of Lakes Course restroom – Winter Aerify, top dress, new sod – dependent on weather (limitations based on growing season) • Tree Trimming/Removal – Winter • Irrigation/Drainage – Ongoing • Eagle/Arcis will hire staff – Winter • City to start cart lease – Winter • Bid/Quote repairs • Anticipated opening April 2016 *Weather Dependent

Creek Course Conditions - Summary • Tees – Very good condition, needs typical fall/winter maintenance • Fairways – varies, some are in average/good condition, silt on fairways, several below preflood conditions • Greens - Good condition, needs typical fall/winter maintenance • Bunkers – Poor condition, sand/silt removal, new sand • Misc. – Aerification recommended for fairways, debris clean-up, Additional weed control needed

Creek Course – Tee Box

Creek Course - Fairway

Creek Course – Bunker and Fairway

Creek Course – Potential Action Plan FALL 2015 • During the land use study, aerify all the Fairways in the fall (October) SPRING/SUMMER 2016 • Needed repairs/maintenance: -Additional Aerifications in the Spring (2 -3) -Top-Dressing of Fairways after aerification -Bunker clean out and sand replacement -Increased maintenance/fertilization (anticipated increased weed control measures) *Future consideration - flood mitigation options