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4/2/1986
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4/2/1986
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Meetings
Meeting Type
Regular Meeting
Document Type
Minutes
Meeting Date
04/02/1986
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existing staff, and Director Keating stated that the intent is to <br />hire several interns to do the existing land use survey and also <br />to farm the base map out to a consulting firm. <br />Commissioner Bowman asked if the grant will cover this, and <br />she was assured that it will. <br />ON MOTION by Commissioner Lyons, SECONDED by <br />Commissioner Wodtke, the Board unanimously <br />directed staff to apply for funds from the DCA <br />and approved the draft scope of services and <br />authorized its transmittal to the DCA. <br />(CONTRACT IS ON FILE IN THE OFFICE OF THE CLERK) <br />REPORT ON STATUS OF GOLF COURSE _. <br />Administrator Wright reported that when the original bids <br />for building the golf course were opened in January, the low bid <br />was $1,440,000, but the low bidder made a mistake that equated to <br />$164,000 when he miscalculated the cost of the cart paths; so, <br />basically we had a bid for 1.6 million, which was considerably <br />above our budget. The Administrator continued that through some <br />very tenacious bargaining, we now have reached an agreement with <br />the contractor, which we hope to sign today, which will preserve <br />the integrity of the golf course as it was designed and will do <br />it for $1,275,000; all cart paths were deleted from the contract <br />and the lakes on the sand ridge were modified. That would put us <br />at least $25,0.00 under budget, and it is hoped we can apply that <br />money towards constructing cart paths. <br />The"Administrator advised that we hope to be able to price <br />and sell the bonds April 14-15 and award them at the Commission <br />meeting on the 16th with closing set on the money for April 28th. <br />We are still looking for a 30 year issue, but the good news is <br />that he believed we can get in the range of 71% or a little <br />better with an annual debt service of $243,000, which is almost <br />$93,000 less than what was considered the threshold of making the <br />golf course work. We are shooting for opening the course around <br />57 <br />APR 2 1986 <br />BOOK 64 PACE 57 <br />
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