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HomeMy WebLinkAboutStaff Report 3576 City of Palo Alto (ID # 3576) City Council Staff Report Report Type: Consent Calendar Meeting Date: 3/18/2013 City of Palo Alto Page 1 Summary Title: Golf Course Contracts Title: Finance Committee Recommendation of a Five-year Contract Extension for the Palo Alto Golf Course Management Services Agreement with Brad Lozares (Lozares); Amendment to Golf Course Pro Shop Lease with Lozares to Reduce the Term of the Option to Extend the Lease From Ten Years to Five Years; and Five-Year Contract Extension for the Golf Course Maintenance Services Contract with Valley Crest Golf From: City Manager Lead Department: Community Services Recommendation The Finance Committee and staff recommend that the Council: 1. Approve and authorize the City Manager or his designee to execute the Amendment No. 6 to the Management Agreement for Golf Course professional services with Brad Lozares Golf Shop in the amount of $2,058,073 (Attachment A) and the Amendment No. 4 to Lease of the Palo Alto Golf Pro Shop premises with Brad Lozares for a term of 5 years, beginning May 1, 2013 ending April 30, 2018 (Attachment B). 2. Approve, and authorize the City Manager or his designee to execute the Amendment No. 1 to the General Services Agreement with ValleyCrest Golf Course Maintenance, Inc. in the amount of $4,072,533 and for a term of 5 years, beginning May 1, 2013 ending April 30, 2018 (Attachment C). Background There are four separate, but related, contracts applicable to the Palo Alto Golf Course: 1. Golf Course Maintenance Services Agreement (expires April 30, 2013) - ValleyCrest Golf is the service provider. (Existing Contract- Attachment D) 2. Golf Course Management Services Agreement (expires April 30, 2013) - Brad Lozares is the current services provider. The management services agreement provides Golf Course and driving range management, Golf Course marshaling, Golf Course revenue City of Palo Alto Page 2 collection, customer service, starting time coordination and cart rental services. (Existing contract- Attachment E) 3. Golf Pro Shop Lease (expires April 30, 2013, with a current 10-year extension option) - Lozares is the tenant, and has conditionally agreed to reduce the lease term extension from ten years to five years, pending Council approval of the five-year extension of the Golf Management Services Agreement (Item 1, above). 4. The Food and Beverage Services Lease between the City and R&T Restaurant (expires April 30, 2018). This Lease is not being amended at this time and is only mentioned as a reference point for the relevant golf course contracts’ expiration dates falling on April 30, 2018. One of staff’s primary goals in negotiating these contracts was to have them expire on the same date. Staff from Administrative Services, Community Services, City Attorney’s Office, and City Manager’s Office have carefully considered the pros and cons of a Request for Proposal (RFP) for both the Golf Professional management services and the Turf and Landscape maintenance services and have concluded that, on the cusp of a major proposed reconfiguration of the golf course, now is not the preferred time to conduct the RFP process for these two particular contracts. The timing of the reconfiguration construction project has not yet been finalized, and there is some uncertainty of the level of service needed during golf course construction at this time. If these contract extensions are approved, staff recommends conducting an RFP in April 2018 when all four Golf Course contracts, as outlined above, are expected to expire. Coordinating the concurrent expiration of the four contracts will provide an opportune time to attract more interest in bidding on an RFP, because it could well include the entire golf course operation. In addition, maintaining continuity with the current contractors during the reconfiguration process will enable certain services, such as the Golf Course driving range, to be maintained throughout the process. The increased ease of coordination with vendors that are already familiar with the current operation will be invaluable as the City navigates the multi- agency reconfiguration process. Staff came to this conclusion for several reasons which are summarized below: 1. San Francisquito Creek Flood Management Levee Project The San Francisquito Creek flood control project managed by the San Francisquito Creek Joint Powers Authority (SFCJPA) presents significant unknown factors, including, without limitation, City of Palo Alto Page 3 the timing of the project, impact on the golf course operation during construction, and the quality and performance of the yet to be reconfigured golf course. These unknown factors make it very difficult to prepare a clear and accurate RFP scope of services for Golf Professional management services and Golf Course maintenance services; it consequently will be difficult to evaluate submittals to determine which is most favorable to the City. The upcoming levee capital improvement work will have a direct impact on the operation of the golf course during staging and construction. The golf course may be closed for as long as 12 to 18 months to complete the Option G design work. The proposed levee work would directly affect the golf course and thus it could adversely affect the City’s ability to successfully conduct an RFP for management services to the extent interest in bidding on an RFP is dampened. The SFCJPA at this point believes that it will start the two-year construction process on the levee in April 2014. If the SFCJPA timeline is accurate, the one-year golf course construction project would also begin in April 2014. 2. National Golf Foundation Recommendation Extending the terms of the Lozares and Valley Crest contracts beyond the construction period of the golf course reconfiguration project was recommended by the National Golf Foundation (an independent consultant who performed Financial Pro Forma and Supporting Analysis for Reconfiguration Options concerning the reconfiguration project); as well, independent golf course financial consultant, Richard Thorman, and Golf Course architect, Forrest Richardson, who were all asked to provide their professional opinions. The consultants agree that the substantial disruption in business, the unknown impacts of timing and project design, and the time consuming and costly work involved to produce and conduct an RFP process without affording potential bidders access to all the information needed, for example, how a new facility will produce cash flow, could make it challenging for the City to enter into the well- informed and negotiated agreements. It was recommended by these consultants that the City wait until after the renovation is completed, and the improved facility has been up and running for a year before considering a substantive change in maintenance and operating structure. If the City renegotiates the management services agreement with Lozares for another five years, the City will be aware of the performance of the new golf course design, have all contracts expire concurrently, and be better prepared to negotiate management services agreement and/or lease terms and conditions that will best meet the City’s needs and interests. City of Palo Alto Page 4 These professional consultants further recommended that extending the golf course maintenance contract with Valley Crest Golf for another five years will also benefit the City. The independent consultants pointed out how critical it is to have the contracted Golf Superintendent responsible for maintaining the course involved and present during the construction of the new course. Having the current Superintendent, who knows and intimately understands the landscape of the golf course, with a vested interest in the outcome of the project on hand, will be a tremendous benefit to the City. 3. Lozares Pro Shop Lease and Management Agreement Mr. Lozares indicated he would exercise, and indeed did exercise, the ten-year extension option on his lease for the Pro-Shop, but also indicated he would effectively agree to revise the ten- year option to a five-year option under Amendment No. 6. If the City were to competitively bid the management services agreement and award the contract to a firm other than Lozares, that firm would need to negotiate a sublease for a period of ten years from Lozares, or the new operator would have to negotiate a separate mobile trailer outside of the Golf Shop leased premises. This is very likely to be a disincentive for any third party considering a proposal for the management services agreement and would be cumbersome at best for customer service at the golf course. Ideally, all four golf course contracts (management services agreement, Pro-Shop lease, Golf Course maintenance services, and food & beverage services concessions) would be aligned to concurrently expire. This would create an opportunity for a comprehensive RFP to manage the entire golf course operation. The current tax exempt debt represented by the Certificates of Participation, that funded the 1998 Golf Course renovations, restricts the City from entering into a long-term lease agreement for a firm to manage the entire golf course operation. This tax exempt debt is set to expire in 2018. If all of the golf course contracts expire at the same time, the City would have much more flexibility in issuing a comprehensive RFP to manage the golf course at that time. Extending the Lozares agreements will also benefit the City, because the City would have a contractor who is well-respected and trusted by the Palo Alto golf community, which may be valuable during the transition period associated with the reconfiguration and disruption during construction. One of staff’s goals is ramp up play activity as swiftly as possible after construction is completed, and it is believed the current Golf Pro is in the best position to do so. In addition, staff believes it would be more effective to issue a comprehensive golf course RFP in 2018 when the levee work has been completed and there is no potential for disputes regarding the Pro-Shop lease and management services agreement to arise. City of Palo Alto Page 5 4. Food and Beverage Service Food and Beverage service is often a central element of a golf course operation. Since the current contract for the Bay Café expires on April 30, 2018, it would be advantageous to have the other contracts expire at the same time to attract more interest in bidding on an RFP that includes the entire golf course operation. Discussion Golf Course Management Services Agreement and Pro Shop Lease The Community Services and Administrative Services Departments met with Lozares in seven separate sessions to negotiate the terms of a five-year contract extension for Golf Management Services and the Pro-Shop lease. As part of the contract extension, Lozares agreed to reduce the length of the option to extend the Pro-Shop lease from ten years to five years (expiring in 2018). Given the pending golf course reconfiguration project, which will require closing the majority of the golf course, the contract is set up in three distinct phases: Phase 1: Pre-Golf Course Construction. Time frame: May 1, 2013 until golf course reconfiguration construction begins (Estimated time frame for start of construction: April 2014). Phase I Elements & Background: Lozares will continue to perform golf management services during Phase I. Mr. Lozares enjoys an excellent reputation among the local golfing community. His outstanding customer service helps keep golfers returning to play at Palo Alto. This is especially valuable because of the uncertainty of the timing of the SFJPA project and golf reconfiguration project, which has caused some golfers to look elsewhere to book tournament events. City survey cards consistently illustrate that Lozares’s customer service ranks good to excellent. Fourteen times Lozares Golf Shop has been named as one of the top 100 golf shops in the country. He was named the Golf Professional of the Year by Professional Golf Association in 2001. Terms of Agreement: (Phase I terms are the same as the existing agreement) i. Management fee : $345,333 annual (This is the fixed amount that the City pays to Lozares) ii. Cart rental revenue: 60% for the City and 40% for Lozares iii. Driving range revenue: 62% for the City and 38% for Lozares City of Palo Alto Page 6 iv. Green fees: 100% to City v. Pro-shop rent: $2,000 per month or 4% of gross revenue whichever is higher The table below shows the estimated compensation using revenue figures from FY12 actuals and FY13 adopted budget. Phase I: No Changes to Current Calculation Contractor Compensation FY2012 Actuals FY2013 Budget 38% of Driving Range Revenue $135,126 $148,200 40% of Cart/Club Rental Revenue $120,490 $148,000 Fixed Fee $345,333 $345,333 TOTAL Estimated $600,949 $641,533 Phase II: During Construction. Time frame: First day of golf course reconfiguration construction until the reopening of the golf course (Estimated time frame: April 2014 through April 2015). Phase II Elements & Background: During the closure of the golf course or during reconfiguration construction Lozares will continue to work on future tournament bookings, implementation and marketing of the renovated Palo Alto Golf Course, provide management and full operation and equipment for the Driving Range, support the Palo Alto Golf Course web site, respond to golf inquiries, provide professional services for golf instruction, and broadcast e-mail blasts weekly on the weekly progress of the course renovation. Terms of Agreement: i. Management fee : $30,500 annual ii. Range revenue: 15% for the City and 85% for Lozares iii. Pro-shop rent - $1,500 per month or 4% of gross revenue whichever is higher. During the slow golf activity months of November, December and January Lozares will only be required to pay 4% of gross revenue. iv. There will be no Green fee or cart revenue due to construction work City of Palo Alto Page 7 During this time is it expected that the main source of revenue will be from activity on the driving range, which is not a part of the reconfiguration project. The contractor will retain some staff to maintain operations at the range, which includes helping customers, processing payments, providing golf ball clean up services, and range maintenance. The increased share of range revenue to the contractor acts as an incentive to encourage activity greater than the National Golf Foundation’s revenue projections. The table below includes a sensitivity analysis which shows the potential compensation to the contractor and additional revenue to the City based on range activity. Phase II: Increased Share of Range Revenue, Reduced Fixed Fee NGF Estimate in Construction Year (FY14) 35% of FY12 Activity 50% of FY12 Activity 70% of FY12 Activity Range Revenue Estimate $82,400 $124,458 $177,797 $248,916 Contractor Compensation 85% of Range Revenue $70,040 $105,789 $151,127 $211,578 Fixed Annual Fee $30,500 $30,500 $30,500 $30,500 Total Estimated $100,540 $136,289 $181,627 $242,078 Additional City Revenue $0 $6,309 $14,310 $24,977 Phase III: Post Construction. Time frame: Reopening of the reconfigured golf course (Estimated time frame: April 2015 through April 30, 2018). Phase III Elements & Background: In addition to ensuring the City is able to cover all operational costs at the Golf Course (including old and new debt service) and generating a surplus, an important goal of the City’s negotiating team was to create an agreement that creates a stronger tie between overall golf play activity that benefits the City (productivity) and provides compensation for the contractor. A primary element of this proposal is the inclusion of variable compensation based for Green Fees and Play Cards. The inclusion of this new City of Palo Alto Page 8 revenue stream is tied to a reduction in other variable compensation rates for both Driving Range and Cart Rentals. Terms of Agreement: i. Management fee : $300,000 annual ii. Range revenue: 80% for the City and 20% for Lozares iii. Cart rental revenue: 80% for the City and 20% Lozares iv. Green fee revenue: 95% for the City and 5% for Lozares v. Pro-shop rent: $3,000 per month or 5% of gross revenue whichever is higher vi. credit card fees to be split between City and Brad according to the agreed breakdown split of all revenue sources vii. On-site club rentals and pull cart revenues will be considered as part of the merchandise revenue from the Pro Shop, which the City receives 5% of the gross merchandise revenue or $3,000 per month- whichever is greater. A comparison of the above terms and those in the Phase I category above provides a clear picture of how the Pro contract will change after the new course opens. Financial Implications: The table below is based on the revenue and expense projections modeled by the National Golf Foundation consultant and presented to Council on July 23, 2012 (Attachment F). Staff has used NGF’s revenue forecasts and calculated the expected compensation to the Golf Pro based on the new contractual terms. Compared to the current contract (Phase I contract), staff estimates savings to the City of at least $50,000 annually. Phase III: Added Golf Fee to Variable Compensation, Reduced Fixed Fee NGF Revenue Projections First Year of New Course (NGF FY15) Second Year of New Course (NGF FY16) Last Year of Contract (NGF FY17) Green Fees $2,341,500 $2,510,600 $2,680,900 Driving Range $353,400 $377,400 $401,900 Cart/Club Rentals $286,100 $307,300 $353,900 Contractor Compensation 5% of Green Fee Revenue $117,075 $125,530 $134,045 City of Palo Alto Page 9 20% of Driving Range Revenue $70,680 $75,480 $80,380 20% of Cart/Club Rental Revenue $57,220 $61,460 $70,780 Fixed Fee $300,000 $300,000 $300,000 TOTAL Estimated $544,975 $562,470 $585,205 The golf course management services contract cost is predicated on the assumption that the contract phases will have the following durations: Phase I – one year; Phase II – one year; and Phase III-- three years. The contract cost also includes a 10% contingency. The scheduling of the golf course reconfiguration and the duration of the phases cannot be determined at this time. Staff has presented a contract costs based on our best estimate. Depending on how the reconfiguration schedule changes, staff may need to return to Council with a Budget Amendment Ordinance. IRS Requirements Because the Golf Course has been previously funded by publicly financed bonds, the City must adhere to IRS tax regulations that concern the compensation structure for Golf Management contracts. The variable compensation (based on revenue) portion must not exceed the amount that is provided by the fixed fee. The requirements do allow for a two-year period during closure or renovations for the compensation to be developed outside of the traditional structure, which the City has utilized in the Phase II component. The Administrative Services Department consulted with bond counsel and has confirmed that the planned agreement meets the requirements of the Internal Revenue Code of 1986, as amended. Golf Maintenance Agreement The Community Services and Administrative Services Departments met with Valley Crest Golf numerous times to negotiate the terms of a five-year contract extension for the Golf Course Maintenance at the Palo Alto Golf Course. Since Valley Crest Golf has very successfully maintained the golf course for the past two and one-half years, significant improvements have taken place. Sustaining Valley Crest’s excellent maintenance service throughout the completion of the golf course reconfiguration, and the period of time after the new course opens and a new level of business stabilizes, will be valuable to the City. Valley Crest staff has intimate knowledge of the difficult irrigation system and how to keep it functioning until replacement, water management specific to this unique environment, drainage, growing conditions, sensitive wildlife habitat, and wetland areas. Valley Crest has established good working relationships throughout the City, which will all be beneficial during the reconfiguration project. Its staff has participated in all the meetings with the SFCJPA and the planning process for the reconfiguration of the golf course. It has provided agronomic and environmental expertise when needed. City of Palo Alto Page 10 Given the pending golf course reconfiguration project, which will require closing the majority of the golf course for approximately one year, the contract is set up in three phases: Phase I: Pre-golf course construction. Time frame: May 1, 2013 until golf course reconfiguration construction begins (Estimated to be April 2014). Phase I Elements & Background: Valley Crest will continue to perform the same golf maintenance services during Phase I as they did in the pervious contract. City staff has received numerous customer compliments regarding the service Valley Crest provides. Terms of Agreement: (Phase I terms are the same as the existing agreement) i. Annual fee of $750,000 Total anticipated costs for Phase I = $750,000 Financial Implications: The last two years of the previous Golf Course Maintenance contract also had an annual fee of $750,000. Phase II: During Construction. Time frame: First day of golf course reconfiguration construction until the reopening of the golf course. Anticipated duration of Phase II is one year. Phase II Elements & Background: During the closure of the golf course, Valley Crest will continue maintaining the putting green and associated irrigation, driving range, landscaping around the parking lot/Pro-Shop, and general site safety and aesthetics. The Valley Crest Golf Superintendent will also be on- site daily to monitor, serve as a consultant on the reconfiguration project, and document the irrigation construction which will improve response times to future irrigation issues. Valley Crest will also be responsible for caring for the newly established natural turf after it is ready for mowing, which is referred to as the grow-in process (prior to the opening of the new course). The grow-in period requires frequent fertilizing and adding other City of Palo Alto Page 11 amendments, along with higher maintenance to ensure that the new turf is properly established. Terms of Agreement: I. Monthly fee $18,158 for first 7 months of phase II. ii. Five month grow-in period: $415,000 (lump sum) Total anticipated costs for Phase II = $542,106 Phase III: Post Construction. Time frame: Reopening of the reconfigured golf course through April 30, 2018. Phase III Elements & Background: One of the main goals of the City’s negotiating team was to ensure that the City controlled maintenance costs while at the same time made improvements in the level of service to reflect the investment in the new and improved golf course. For several years Canada geese and the feces they produce have been the number one complaint about the Palo Alto Golf Course. The most effective technique to address the goose loitering problem has been the use of specially trained herding dogs. At a cost of approximately $20,000 per year, the City has contracted with a private company that brings trained dogs to the course to encourage the geese to leave or migrate. In this new contract, Valley Crest will be required to have its own trained dog on-site. The second most common complaint at the golf course has been ground squirrels and the holes and tunnels they produce. The new contract will provide for on-going rodent control consistent with the City’s Integrated Pest Management (IPM) Policy. In addition, Valley Crest will also be purchasing new maintenance equipment, some specifically specified by the City which will provide improved quality course conditions. Valley Crest will also be responsible for maintaining lower weed thresholds at the golf course. Terms of Agreement: I. Annual fee: $796,262 (Initial yearly/monthly pricing shall be fixed for the first 18 months thereafter CPI (Consumer Price Index for all Urban Consumers – San Jose/Sunnyvale/Santa Clara) will be applied on a yearly basis. CPI approximately 1.34%. City of Palo Alto Page 12 Year 1= 796,262 Year 2= 801,597 Year 3= 812,338 Total anticipated costs for Phase III= $2,410,197. Total costs for all three phases of Valley Crest Golf maintenance contract is $3,702,303 plus 10% contingency = $4,072,533 The golf course maintenance contract cost is predicated on the assumption that the contract phases will have the following durations: Phase I – one year, Phase II – one year, and Phase III-- three years. It also includes a 10% contingency. The scheduling of the golf course reconfiguration and the duration of the phases is uncertain. Staff has presented a contract costs based on our best estimate. Depending on how the reconfiguration schedule changes staff may need to return to Council with a Budget Amendment Ordinance. Finance Committee On March 5, 2013, the Finance Committee reviewed the golf course contracts. The minutes from the meeting are in Attachment G. The Finance Committee approved a motion unanimously (4-0) to recommend that City Council approve, and authorize the City Manager, or his designee, to execute, the appropriate amendment to the General Services Agreement for Golf Course management services with Brad Lozares in the amount of $2,058,073 and the appropriate amendment to lease of the Palo Alto Golf Pro Shop premises with Brad Lozares for a term of 5 years, beginning May 1, 2013 ending April 30, 2018; as well, approve, and authorize the City Manager, or his designee to execute, the appropriate amendment to the General Services Agreement with ValleyCrest Golf in the amount of $4,072,533 and for a term of 5 years, beginning May 1, 2013 ending April 30, 2018. The Committee appreciated the concept of extending the contracts to 2018 in order to afford the City an opportunity to conduct an RFP that could include the entire golf course operation. The Committee also liked that the Golf Management Agreement with Lozares would have lower costs for the City and would now provide more incentive for Lozares to provide a high quality golf experience and help increase the number of rounds played at the course. There was a discussion on the maintenance costs in Phase III. It seemed counterintuitive that the maintenance costs would increase in Phase III of the new contract, considering the new course will have approximately 35 fewer acres of managed turf. Staff explained that, while City of Palo Alto Page 13 there is a reduction in managed turf, there are a few factors that would require additional labor, that would include: higher level of service commensurate with a higher quality new golf course (on-site geese herding dog, lower thresholds for weeds, etc.); and the current course is very flat, straight and simple, while the new course will be have a lot of undulations and interest that will require more maintenance. The Committee pointed out that the City would have had more leverage and possibly negotiated a better deal if it had gone out to bid. Staff pointed out that NGF had anticipated higher costs for contract maintenance contract (FY15 $825,000, FY16 $837,000, and FY17 $862,000), while staff was able to negotiate with Valley Crest below this amount (FY 15 $796,262, FY16 $801,597, and FY17 $812,338). Resource Impact The Fiscal Year 2013 Adopted Budget shows an overall net income to the City for the Golf Course Operations of $271,745. For Phase I of the Lozares contract, this is estimated to remain the same as the terms of the contract will not change. As well, the maintenance and professional contracts discussed in this report have been formulated to account for reduced activity during construction periods. For the construction period of the course, there will be no green fee or cart rental revenue. It is also anticipated that there will be a decrease in range revenue. The National Golf Foundation projected a 77% decrease in Range revenue; however, through the inclusion of revenue incentives in the Lozares contract, the City is hopeful that the contractor will be able to diminish the impact on range activity. Looking ahead to the reopening of the course, City Staff were able to negotiate contracts below National Golf Foundations expenditure projections. Attachment H provides an update to the original NGF projections for the new course with the negotiated contract terms. The estimated annual savings to the City as a result of contract negotiations is approximately $50,538 to $107,895, which would result in a total of $661,127 over the first seven years of the new golf course. It is important to note that the SFCJPA creek flood protection project and City Golf Course construction start dates and timelines have not been finalized at this time. Currently, the Office of Management and Budget is projecting budget figures for a closure of the course in spring of 2014. City of Palo Alto Page 14 In addition, the speedy completion of construction is vital to minimizing the impact on the general fund operating budget. NGF projected that the new course would generate approximately $251,708 gross revenues each month during the first year. The potential loss of this revenue with fixed maintenance and operational costs in place will cause the impact on the general fund to grow with each additional month of closure. If the course reconfiguration timeline is changed, staff will submit a Budget Amendment Ordinance to Council to account for the impact of any changes may have to the operating budget. Policy Implications The project is consistent with Policy C-26 of the Comprehensive Plan, which encourages maintaining and enhancing existing park facilities. Attachments: Attachment A - Golf Management Contract Lozares 2013-2018 (PDF) Attachment B - Lease Amendment No 4 Final Brad Lozares Golf Shop (DOCX) Attachment C - Golf Maintenance Valley Crest 2013-2018 (PDF) Attachment D - Golf Valley Crest Contract and Staff Report (PDF) Attachment E - Golf Course Contract Management Services Dec 2010- Lozares (PDF) Attachment F - Golf National Golf Foundation Report April 2012 (PDF) Attachment G - Finance Committee Minutes 03-05-13 Excerpt Item 2 Lozarez Lease (DOC) Attachment H - Update to the National Golf Foundations Expenditure Projections (PDF) ATTACHMENT B 1 AMENDMENT NO. 4 TO LEASE #211 BETWEEN THE CITY OF PALO ALTO AND BRAD LOZARES THIS AMENDMENT NO. 4 TO LEASE #211, dated, for convenience, March __, 2013, is entered into by the CITY OF PALO ALTO, a California chartered municipal corporation (the "CITY"), and BRAD LOZARES (“TENANT”) (individually, a “Party” and, collectively, the “Parties”), in reference to the following facts: RECITALS: A. On March 16, 1998, the Parties entered into Lease #211 (the “Lease”), by which Section IV provides for a term of fifteen (15) years, commencing May 1, 1998 and expiring on April 30, 2013. Section VI provides for an option to the TENANT to extend the term of the Lease for one ten-year period, provided certain conditions have been met (the “Option”). B. The Parties wish to amend the Lease to change the Option to reduce the option term from ten (10) years to five (5) years. The TENANT will provide the CITY with prior written notice to exercise the Option. AGREEMENT: SECTION 1. Section VI. OPTION TO EXTEND is amended in its entirety to read, as follows: “TENANT shall have the option to extend this Lease term for an additional five (5) years if the following conditions have been satisfied: A. TENTANT has, to the satisfaction of the City Manager, faithfully performed each and every condition of this Lease throughout the Lease term. The City Manager’s assessment of TENANT’s performance shall be final and conclusive and shall be based on information received from CITY’s staff, and other that may have knowledge of TENANT’S performance; and B. TENANT has submitted to CITY, a written notice of TENANT’S intent to extend the Lease in accordance with the terms of this clause, on or before thirty (30) days prior to the end of the Lease term set forth in Clause IV (Term). CITY may notify TENANT if TENANT’S performance has not been acceptable in accordance with subparagraph A of this clause within two (2) months of receipt of TENANT’S notice of intent to extent this Lease. CITY’S failure to notify shall not be deemed or construed as CITY’S approval of TENANT’S option to extend.” SECTION 2. Except as amended herein by this Amendment No. 4 to Lease #211 and consistent herewith, the terms of the Lease, as modified by Amendment Nos. 1, 2 and 3, shall remain in full force and effect. ATTACHMENT B 2 IN WITNESS WHEREOF, the Parties have by their duly appointed representatives executed this Amendment No. 4 to Lease #211 in Palo Alto, County of Santa Clara, State of California, on the date first above stated. CITY OF PALO ALTO TENANT ___________________________ ___________________________ City Manager BRAD LOZARES APPROVED AS TO FORM ___________________________ Senior Asst. City Attorney APPROVED: ____________________________ Director of Administrative Services ____________________________ Director of Community Services City of Palo Alto City Manager's Report TO: HONORABLE CITY COUNCIL FROM: CITY MANAGER DEPARTMENT: COMMUNITY SERVICES DATE: OCTOBER 25, 2010 CMR: 390:10 REPORT TYPE: CONSENT SUBJECT: Approval of a General Services Agreement with ValleyCrest Golf Course Maintenance, Inc. in the Amount of $1,850,000 for Maintenance Services and Sale of Used City Golf Course Maintenance Equipment to ValleyCrest for $125,000 EXECUTIVE SUMMARY At the October 18th Council meeting staff made a presentation, as summarized in CMR 382: 1 0 , . (Attachment A), recommending the following four actions: 1. Authorize the City Manager or his designee to execute the General Services Agreement (Attachment B) in the amount of $1,850,000 with ValleyCrest for a term of 30 months beginning November 1, 2010 ending April 30, 2013, and the sale of used golf course maintenance equipment (Attachment D) to ValleyCrest for $125,000; and 2. Authorize the City Manager or his designee to negotiate and execute one or more change orders to the. contract with ValleyCrest Golf Maintenance for related, additional but unforeseen work that may develop during the term, the total value of which shall not exceed $185,000 (10% Contingency); and 3. Refer to the Finance Committee the question of how staff should propose fair and reasonable mitigation for anticipated lost revenues at the Golf Course due to the construction of the San Francisquito Creek Joint Powers Authority's (JPA) flood control project. 4. Refer to the Finance Committee the question of whether staff should develop for the Council's approval a proposal to establish a new infrastructure reserve fund in the amount of the annual savings realized above the fully loaded operating costs of the Golf Course for the eventual replacement of anticipated infrastructure needs at the Palo Alto Municipal Golf Course. Recommendations 3 and 4 (above) were approved by Council on October 18 and items 1 and 2 were deferred to the October 25, 2010 consent calendar for approval. The deferred action for items 1 and 2 pertain to contract revisions, as described in the Council Memo, dated October 18th (Attachment C). CMR390:1O 10f2 The final General Services Agreement with ValleyCrest is attached as Attachment B. RECOMMENDATION Staff recommends that the Council: 1. Authorize the City Manager or his designee to execute the General Services Agreement (Attachment B) in the amount of $1,850,000 with ValleyCrest for a term of 30 months beginning November 1, 2010 ending April 30, 2013, and the sale of used golf course maintenance equipment (Attachment D) to ValleyCrest for $125,000; and 2. Authorize the City Manager or his designee to negotiate and execute one or more change orders to the contract with ValleyCrest Golf Maintenance for related, additional but unforeseen work that may develop during the term, the total value of which shall not exceed $185,000 (10% Contingency). ATTACHMENTS Attachment A Attachment B Attachment C Attachment D CMR 382:10, October 18, 2010, recommending approval of a General Services Agreement with ValleyCrest Final version of the General Services Agreement between the City of Palo Alto and ValleyCrest, also provided to Council on October'18 Supplemental Council' Memo, October 18, 2010, summarizing key contract revisions List of used City Golf Course maintenance equipment to be sold to ValleyCrest /~!/ //J P~PMrnDBY: __________ (_"~,/~~~~~ /.~~ __ ~~~~ __ ~~~ ______ _ ROBDEGEUS DEPARTMENT HEAD APPROVAL: Division Manager, Recreation Services ~ '!:1izJ (~';) ~T~ ----------- rector, ommunity Services Department .~ ..... -.} ""---- CITY MANAGER APPROV AL: ----"~~/:-:)-~-t~'f-M-¥:..-/--;/ ",4~~.~<:::::~L:"'::'·~""/_//~)--t.---f~ft::::, "::.::..'?'L~ ____ _ City Manager CMR390:10 20f2 ATTACHMENT A TO: HONORABLE CITY COUNCIL FROM: CITY MANAGER DEPARTMENT: COMMUNITY SERVICES DATE: OCTOBER 18, 2010 CMR: 382:10 REPORT TYPE: ACTION SUBJECT: Approval of a General Services Agreement with ValleyCrest Golf Course Maintenance, Inc. in the Amount of $1,850,000 for Maintenance Services and Sale of Used City Golf Course Maintenance Equipment for· $125,000; and Referral of Golf Course Financial Planning Issues to the Finance Committee EXECUTIVE SUMMARY Due to the ongoing fiscal challenges facing the City of Palo Alto's (City) General Fund the Community Services Department (CSD) recommended, and the Council approved, the exploration of "contracting out" Palo Alto Municipal Golf Course ("Golf Course") maintenance services during the 2011 budget process. The",recommendation to explore private maintenance was also suggested in the findings of the Golf Course operational study conducted by Economic Research Associates (ERA) in 2008. The Executive Summary of the ERA study is attached as Attachment A. This report describes the Request For Proposal (RFP) process for Golf Course maintenance that has resulted in the recommendation of an award of contract to ValleyCrest Golf Course Maintenance, Inc. (ValleyCrest) to assume Golf Course maintenance responsibilities, beginning November 1, 2010 for a 30-month term ending on ·or soon after April 30, 2013 at a cost of $1,850,000 and a purchase of used golf course equipment at a cost of $125,000. ValleyCrest is recommended for an award of contract due to its extensive golf course maintenance services experience, low cost proposal relative to the public maintenance option, and its commitment to enhance the City's existing Integrated Pest Management (IMP) program, customer service and, most importantly, to improve the quality of Golf Course maintenance services to ensure the Golf Course will remain competitive with neighboring golf courses. The proposed contract between the City and ValleyCrest is attached as Attachment B. The report also discuses related Golf Course issues that require the Council's direction and action in the near future. The current outstanding issues include: • The need for flood control project mitigation, not only for the physical disruption to the Golf Course but also for anticipated revenue losses from decreased play during levee reconstruction; and CMR382:10 10f8 ATTACHMENT A • Consideration of the establishment of an infrastructure reserve for the Golf Course to pay for capital improvements from positive Golf Course cash flow to reduce the need for future capital improvement-related debt. Staff requests that these two items be referred to the Finance Committee for further discussion. Finally, the report also discusses the intent to make coterminous both the Golf Professional contract with Brad Lozares and the Pro-Shop lease agreement with Brad Lozares, so the agreements will terminate concurrently in the month of April 2013. Staff will make a recommendation to the Council before the end of calendar year 2010. RECOMMENDATION Staff recommends that the Council: 1. Authorize the City Manager or his designee to execute the General Services Agreement (Attachment B) in the amount of $1,850,000 with ValleyCrest for a term of 30 months beginning November 1, 2010 ending April 30, 2013, and the sale of used golf course maintenance equipment (Attachment C) to ValleyCrest for $125,000; and 2. Authorize the City Manager or his designee to negotiate and execute one or more change orders to the contract with ValleyCrest Golf, Inc., for related, additional but unforeseen work that may develop during the project, the total value of which shall not exceed $185,000 (10% Contingency); and 3. Refer to the Finance Committee the question, of how staff should propose fair and reasonable mitigation for anticipated lost revenues at the Golf Course during the San Francisquito Creek Joint Powers Authority's (JPA) flood control project. 4. Refer to the Finance Committee the question of whether staff should develop for the Council's approval a proposal to establish a new infrastructure reserve fund in the amount of the annual savings above the fully loaded operating costs of the Golf Course for the eventual replacement of anticipated infrastructure needs at the Palo Alto Municipal Golf Course. BACKGROUND The Golf Course was constructed in the mid-1950's on 184 acres of flat former salt-marsh and bay fill. The course was designed by noted golf course architect William R. Bell of Pasadena, California. The Golf Course was designed as an I8-hole facility with a par of 72. The Golf Course is a classic I8-hole championship course that measures over 6,800 yards from the back tees. The facility includes a large practice putting green, a three-building Eichler-designed­ clubhouse/golf shop complex and parking lot. In the mid 1970's, improvements were made to replace the clubhouse buildings. At that time, holes 3, 10, 11, & 18 were renovated under the direction of golf architect Robert Trent Jones, Jr. The Golf Course is a City of Palo Alto General Fund operation. All excess revenues or shortages are returned to the City'S General Fund. The Golf Course currently generates sufficient revenues to support debt service, direct and indirect expenses, and City cost plan charges. There is no reserve or replacement fund for the Golf Course, consequently; additional debt service is taken on by the Golf Course when new capital improvement needs arise. The debt service for the Certificates of Participation, which represents approximately $570,000 annually, will be fully retired in June 30, 2018. CMR382:1O 20f8 ATTACHMENT A Presently, the City has entered into both a Golf Professional management agreement and a Pro Shop lease agreement with Brad Lozares (Lozares) for golf operations. As a result of Internal Revenue Services (IRS) debt issuance limitations, the management agreement and the lease for the building are separate contracts. The management agreement includes the following responsibilities: reservations; green fees collection; starting; and marshalling services. The lease agreement for the building includes: responsibility for managing golf cart rentals; the driving range; merchandise sales; and instruction services. The Lozares management agreement with the City for operating the Golf Course expires December 31, 2010. The lease agreement with Lozares for lease of the building expires in April 2013. The building lease also includes an option to extend the term of the concession 10 additional years, if the option is exercised at the City's sole discretion. There is also a separate lease agreement with R&T Restaurant Corporation (R&T) for food and beverage services at the Golf Course. The R&T lease agreement for food and beverage operations expires April 20, 2018. Currently Golf Course turf and irrigation maintenance services are provided by CSD's Parks, Open Space and Golf Division. CSD oversees daily turf and ground maintenance operations that include coordination of services between the tenants and City maintenance staff in order to provide a seamless experience for visitors to the Golf Course. The Real Estate Division of the Administrative Services Department oversees tenant leases. The Club House and Pro Shop building rriaintenance (exterior) and janitorial services are provided by the City's Public Works Department, Facilities Management Division. In 2007, the City Council authorized staff to proceed with an operational analysis of the Golf Course. The operational analysis was conducted by Economics Research Associates (ERA) (Attachment A), and provided information on the Bay Area golf market and conditions of the Golf Course facility; and the current and alternative operating models available for the Golf Course. The ERA study was presented to the City Council on November 17, 2008 (CMR: 446:08; Attachment D). The study concluded that, despite a Bay Area wide decline in golf play, the Golf Course performance has been relatively strong when compared with similar municipal facilities in the market area. The recommendations to sustain the long-term viability of the golf course program from the staff report are summarized below: 1. Retain a golf course design consultant to work with the JPA and the City's staffs to design an environmentally friendly flood control project that will balance flood control and recreational use solutions and also benefit the Golf Course. 2. Recalculate the Cost Plan allocation for the Golf Course to a more traditional golf course operation allocation. This would allow for excess funds to be set aside to establish a replacement reserve to fund ongoing minor capital improvement and/or more intensive maintenance. 3. Align the two tenant leases and management contract so they expire concurrently. This would allow consideration of other, potentially more effective and efficient, operating options and a smoother transition of operation, should that be deemed advantageous in the future. CMR382:10 30f8 ATTACHMENT A 4. Commit to a plan of cost-neutral capital improvements to ensure the Golf Course remains competitive. That is, proceed with improvements that are economically justified by increased net operating income stemming from the improvements. 5. Direct Community Services and other relevant City staff to work in cooperation with the labor union to further evaluate the advantages and disadvantages of private versus public maintenance. Since the 2008 Golf Course study was presented to Council, the Golf Course has continued to experience a decline in annual rounds of play from 74,000 in 2008, to 72,000 in 2009, and to 68,500 in 2010. In order to keep the Golf Course financially viable budget cuts were made in 2009 and 2010 that continued to erode the resources available for the City-operated maintenance program. Although the Golf Course managed to end FY 2010 with net revenues of $77,000, this was achieved with a 40% reduction in staff, which is less than the level of staff needed to provide comprehensive quality Golf Course maintenance. As the FY 2011 budget process began, it became clear the City needed to make significant structural budget reductions to the General Fund with an anticipated deficit of $7.3 million. As CSD considered alternatives for budget reductions, the "contracting out" of Golf Course maintenance services was recommended, not only for the potential cost savings, but also to return maintenance levels to a standard that allows the Golf Course to remain competitive with the objective of increasing golf rounds, which has been compromised through numerous years of program budget cuts. Staff recommends the approval of a Golf Course maintenance services agreement with ValIeyCrest and replacing in-house maintenance staff with contract personnel. Below, staff will provide information on the process that was used to arrive at this recommendation and will discuss the progress and current thinking on the other recommendations listed above, stemming from the ERA Golf Course study . . DISCUSSION The process for exploring "contra~t out" Golf Course maintenance services began in spring 2010 by notifying SEIU of the City's intent to explore contract maintenance services for the Golf Course. The City and SEIU engaged in a discussion about the City's financial challenges and rationale for the need to consider an alternative service delivery for Golf Course maintenance. Although some ideas were discussed to mitigate the need for contracting out Golf Course maintenance, such as a regional golf course maintenance agreement between several neighboring cities, this suggestion was deemed by the City to be financially infeasible. CSD staff prepared a detailed scope of service, with input from several other City departments including Public Works, Utilities and Administrative Services (ASD). The Request for Proposal (RFP) was released in June. A mandatory pre-solicitation meeting was held at the Golf Course which included a tour of the Golf Course that allow all interested parties to walk the Golf Course and ask specific questions during the hole-by-hole walk. Five potential bidders attended the pre­ bid meeting. Four proposals were received in August when the responses to the RFP were due. CSD assembled an evaluation panel to evaluate the proposals. The eight member panel included members of the Golf Advisory Committee, CSD Director, Palo Alto's Golf Course CMR382:1O 40f8 ATTACHMENT A Superintendent, Recreation Division Manager and the Parks, Open Space and Golf Division Manager. The stated RFP criteria used to evaluate the proposals were: A. Quality and completeness of proposal; B. Qualifications & experience of proposer in providing Golf Course Maintenance Services as stated in this RFP; including experience and qualifications of project manager & key staff to be assigned to project; C. Similar experience and expertise in the type of work required, with the City, or with other municipal golf courses or private golf courses; D. Demonstrated understanding of the scope of services requested, timeframes, scheduling ability, ability to provide back up or follow up services, if needed; E. References/Financial stability of Firm; and F. The Cost to the City. Of the four proposals, based on the RFP criteria above, two were determined by the evaluation panel as more responsive to the RFP. The proposals were submitted by Lozares and ValleyCrest. Both companies were invited to interview with the panel; the interviews occurred in Septymber. At the conclusion of the interviews each company was asked to provide a Best and Final proposal with an emphasis on reducing overall costs with minimal or no impact to the scope of services defined in the RFP. The "Best and Final" offers were received in mid September. Concurrently, reference checks were made and, where feasible, site visits were conducted to evaluate maintenance levels at other golf courses maintained by the firms. At the conclusion of the RFP process ValleyCrest was unanimously determined by the evaluation panel to have provided the most complete responsive proposal and thereby it recommended ValleyCrest as the party to provide private Golf Course maintenance services to the City. The factors that weighed most heavily on the ValleyCrest recommendation was the depth of experience exhibited by ValleyCrest and the proposed overall cost savings, which is approximately $300,000 below the Lozares' "Best and Final" proposal, and approximately $500,000 below what it would cost the City to continue Golf Course maintenance services in­ house over the 30-month term of the proposed contract. Furthermore, the ValleyCrest management team displayed a commitment to customer service and high quality maintenance that the City desires for the Golf Course. ValleyCrest is very interested in working closely with the City's water quality control program, environmental goals and the IMP program. ValleyCrest brings a wealth of knowledge and expertise in horticulture and agronomy that staff believe will serve the City well as we continue push the boundaries toward excellence in Golf Course maintenance, sustainability and environmental conservation. ValleyCrest Golf Course Maintenance is one of five operating divisions of the ValleyCrest Holding Co. and Subsidiaries. It is the country's largest horticulture maintenance, golf course maintenance and construction company. ValleyCrest currently maintains· over fifty golf CMR382:10 50f8 ATTACHMENT A properties located in California, Texas, Florida, Georgia, North Carolina, South Carolina, Pennsylvania, New Jersey, Massachusetts and Michigan. Furthermore, ValleyCrest is open and enthusiastic to providing displaced City Golf Course maintenance staff with an opportunity to join the ValleyCrest Company. Staff was very encouraged to hear this and will work with ValleyCrest to connect displaced employees with ValleyCrest. Of the seven regular staff affected by contracting out Golf Course maintenance four have already made the decision to retire, one has found other employment, and one has bumping rights per the SEIU labor agreement with the City and will move to the Parks, Open Space and Golf division of CSD. The remaining staff member will be laid-off as of November 1, 2010; however, staff is hopeful that a vacancy may emerge in the Parks Open Space and Golf division over the next month that will provide an opportunity for a transition. As CSD staff will need to maintain the Golf Course until the effective date of the transition to ValleyCrest, the proposed negotiated sale of City-owned Golf Course maintenance equipment to ValleyCrest is preferred for the effective and efficient transition from public to private maintenance. The City's Public Works fleet management staff valued the existing Golf Course equipment, staff then negotiated a fair and reasonable price with ValleyCrest, which has agreed to pay $125,000 for all major equipment. As described in the contract (Attachment B), ValleyCrest will occupy the Golf Course maintenance yard and facilities therein to deliver the Golf Course maintenance services. The City Attorney's office, ASD Budget and Purchasing Divisions together with Risk Management provided support in drafting the contract, including review and approval of the occupancy terms and insurance requirements for use of the City facilities and property. A third party furniture, fixtures and equipment consultant will be retained by the City to determine the fair market value (FMV) of all other minor items (tools, supplies and materials) that remain at the Golf Course maintenance yard. ValleyCrest has agreed to pay for the remaining items based on this FMV independent furniture, fixtures and equipment consultant's valuation, This will be completed on or before November 1,2010. . Discussion of Related Golf Course Issues The topics below relate to the staff recommendations from the 2008 ERA Golf Course study, summarized on page 3 of this staff report and in CMR: 446:08 Operational Analysis of the City of Palo Alto Municipal Golf Course (Attachment D) The action items before Council at this time is the recommendation refer items 1 and 2 below to the Finance Committee for further discussion. 1. San Francisquito Creek Joint Powers Authority -Flood Control The Council has requested that the JP A retain a golf course design consultant to work with the Joint Powers Authority andCity staff to design an environmentally friendly flood control project that will balance flood control and recreational use solutions and that will also benefit the Golf Course. The JPA has been very supportive of the City'S need for fair and reasonable mitigation measures to the Golf Course for levee improvements; the impact to the Golf Course will include the need to re-design 4 to 6 holes due to levee realignment and encroachment onto the Golf Course. The JP A hopes to begin work in summer 2011, but the likelihood of this occurring is CMR382:1O 6.of8 ATTACHMENT A unknown at this time. The impact and related mitigation to the physical impacts to the Golf Course is moving in a positive direction and staff is confident that a workable win/win design will be developed. However, the loss of City revenue during the levee reconstruction is difficult to quantify. Staff does not have a specific recommendation to mitigate expected lost revenues at this time but does want to bring this issue to the Council's attention and ask that this issue be referred to the Finance Committee. A possible mitigation to consider is to seek additional and more comprehensive Golf Course design and planning beyond mitigating for the golf holes impacted by levee realignment. For a point of reference, during the major capital improvements at the Golf Course in 1998-99 the City experienced a 25% reduction in annual play; such a reduction today would translate to $500,000 annually in lost revenues. Staff is working with the JP A to explore appropriate mitigations as the timeline and levee design work progresses and look forward to discussing options with the Finance Committee. 2. Golf Course Infrastructure Reserve Regarding the revision of the Cost Plan allocation for the Golf Course to a more traditional golf course operation allocation will occur with the reduction of 7 Full Time Equivalent (FTE) to .45 FTE staff previously dedicated to the in-house Golf Course maintenance operation, as city Cost Plan is allocated based on FTE. The result of the Cost Plan revision, coupled with the lower . overall cost of private Golf Course maintenance, will be a positive cash flow for the Golf Course, if annual rounds played hold steady at 68,000 or more. It is recommended that revenues above and beyond the cost of operating the Golf Course be considered for a infrastructure reserve for ongoing capital improvement needs· for the Golf Course. This recommendation aims to reduce the need for debt when the 1998 bond debt of $~70,000 annually expires in 2018. The Golf Course Advisory Committee believes creating an infrastructure reserve, paid for by the golfing community, as a very important step for the long-term financial health of the Golf Course. Staff recommends that this item also be referred to the Finance Committee for further discussion Other related items for that staff would like Council to be aware of are: 3. Aligning Golf Course Contracts -Food and Beverage, Professional Services, Golf Course Maintenance and Pro Shop The recommendation to align the two tenant leases and management contract at the Golf Course, so they will expire concurrently, remains a staff recommendation. Specifically alignment of contracts would allow consideration of other, potentially more effective and efficient, operating options and a smoother transition of operation, should that be deemed advantageous in the future. The ValleyCrest maintenance contract is strategically aligned with the existing lease agreement with Brad Lozares for operating the Pro-Shop. Moreover, staff intends to bring an extension of the existing management agreement with Lozares to the Council before the end of 2010 to align the management agreement with the Pro-Shop Lease and the proposed ValleyCrest maintenance agreement expiration date. This would result in 3 of the 4 Golf Course contracts to expire at the same time, April 2013. The lease with R&T Restaurant Corporation, who operates the Bay Cafe, has a term that expires in 2018; options for re-aligning this lease with the other three Golf Course contracts is also being considered. 4. Capital Improvement Lastly regarding the recommendation to commit to a plan of cost neutral capital improvements, to ensure the Golf Course remains competitive, the only CIP improvements recommended at this CMR382:10 70f8 time are those related to the improvements derived at through cooperation with the JPA to design an environmentally friendly flood control project that will balance flood control with long-term financial viability and improvements to the Golf Course. RESOURCE IMPACT The cost of the proposed ValleyCrest contract for Golf Course maintenance is $1,850,000 for a term of 3D-months and a contingency of $185,000. The CSD budget has sufficient funds to address the contract and 10% contingency. In addition staff has negotiated a fair and reasonable price ~th ValleyCrest for all major City-owned Golf Course maintenance equipment on-site for $125,000. The total cost savings to the City for entering into the ValleyCrest contract, as compared to the cost of the City to provide Golf Course maintenance, is expected to be approximately $500,000 over the term of the proposed contract. ENVIRONMENTAL REVIEW No environmental review is needed 'at this time. However, should a Golf Course capital improvement project be considered at a future date all appropriate environmental review and consideration will take place prior to approval. ATTACHMENTS Attachment A Attachment B Attachment C Attachment D PREPARED BY: Economics Research Associates Golf Course Operational Study - Executive Summary General Services Agreement between the City and ValleyCrest List of used City Golf Course maintenance equipment CMR: 446:08 Operational Analysis of the City Palo Alto Municipal Golf Course ~hmenlS available online: ~ ~. " www~ci1yofpaloallo~org ROBDEGEUS Division Manager, Recreation Services DEPARTMENT HEAD APPROVAL: _~-=.=~ ...... ~-.~~---=-... '--________ _ ~S ~ Director, Community Services Department CITY MANAGER APPROVAL: ----2IC-J-----r;.--41J------- CMR 382:10 80f8 ATTACHMENT B CITY OF PALO ALTO CONTRACT NO. Cl1136681 GENERAL SERVICES AGREEMENT THIS GENERAL SERVICES AGREEMENT (the "Agreement"), made and entered into on the 1st day of NOVEMBER, 2010 (the "Effective Date"), by and between the CITY OF PALO ALTO, a California Chartered Municipal Corporation (the "City"), and V ALLEY CREST GOLF COURSE MAINTENANCE, INC., a California corporation, located at 24151 Ventura Blvd, Calabasas, Ca 91302, Telephone Number: 818-737-3110 (the "Contractor") (individually a "Party" and collectively the "Parties"). In consideration of their mutual covenants, the Parties agree; as follows: . AGREEMENT 1. SERVICES. The Contractor shall provide or furnish the services (the "Services"), as described in Exhibit "A" Scope of Services and as may be agreed to from time to time. . 2. EXHIBITS. The following exhibits are attached to and made a part of this Agreement: rg] "A" -Scope of Services rg] "B" -Schedule of Performance rg] "c" -Schedule of Fees rg] "D" -Insurance Requirements rg] "E" -Bonds (Performance and/or Payment Bond) I2l "F" -Liquidated Damages . rg] "0" -Schematic of Facilities to be accessed by the Contractor CONTRACT IS NOT COMPLETE UNLESS ALL EXHIBITS ARE ATTACHED. 3. TERM. The term ofthis Agreement (the "Term") begins on November 1,2010 and ends on April 30, 2013, subject to earlier termination by a Party and further is subject to the provisions of Sections Q and V of the General Terms and Conditions. The Term does not include any period of time after April 30, 2013, which may be the subject of the renewal of this Agreement or any other contract relating to golf course maintenance services between the Parties. 4. SCHEDULE OF PERFORMANCE. During the Term, the Contractor shall perform the Services in a prompt and timely manner based upon the circumstances and directions communicated to the Contractor, and, if applicable, in accordance with the schedule set forth in Exhibit "B" Schedule of Performance. Time . is of the essence in this Agreement. 5. COMPENSATION FOR ORIGINAL TERM. The City shall pay the Contractor, and the Contractor shall accept, as not-to-exceed compensation for the full performance of the Services and reimbursable expenses, if any: . The total maximum lump sum compensation of dollars ($ );OR The sum of amount of dollars ($ dollars ($ ) per hour, not to exceed a total maximum compensation );OR o A sum calculated in accordance with Exhibit "c" Schedule of Fees, not to exceed a total maximum compensation amount of One Million Eight .Hundred and Fifty Thousand Dollars ($1,850,000.00), payable during the Term, as follows: The Contractor covenants and agrees that it can perform the Services for an amount not to exceed the total maximum compensation set forth in this Agreement, including Exhibit "C". Any hours worked or Services 1 Rev. January 11,2010 S:\ASD\PURCH\SOLICITATIONS\CURRENT BUYER-CM FOLDERS\KATHY\Contra cts\Cll136 681-ValleyCrestGolf Maintenance\Cll136681 Valleycrest GC Maintenance Agreement FINALl 0.12.201 O.doc perfonned by the Contractor, for which payment would result in a sum total exceeding the maximum amount of compensation set forth in this Agreement for perfonnance of the Services, shall be performed at no additional cost to the City, except as expressly provided in this Agreement. The Contractor acknowledges that the City has infonned it that the current Palo Alto municipal golf course (the "Golf Course") configurations could be changed or re-designed after the: Effective Date, and that the City's collaboration with the San Francisquito Creek Joint Powers Authority (the "JP A") to implement any reasonably necessary flood control measures with respect to the San Francisquito Creek, which lies adjacent to the Golf Course, could result in the temporary closure of one or more areas of the Golf Course and, consequently, could affect ona temporary or periodic basis the' Contractor's duties and obligation to perfonn the Services hereunder. In that event, the Parties shall in good faith timely negotiate an adjustment to the Services, including, without limitation, the compensation otherwise payable to the Contractor, as set forth in this Agreement, in order to reflect any changes, including, without limitation, modifications to the scope of the Services. The City has set aside the sum of One Hundred Eighty-Five Thousand Dollars ($185,000.00) for the Contractor's perfonnance of Additional Services, if any may be required to be performed by the Contractor. The Contractor shall provide any Additional Services only after receipt of the prior written authorization of the City Manager or designee. Thereafter, the Contractor, at the City's request, shall submit a detailed written proposal, including a description of the Additional Services' scope of services, 'schedule, level of effort, and the maximum compensation, including reimbursable expenses. Such compensation shall be based on the hourly rates set forth in Exhibit . "C" or, if such rates are not applicable, a negotiated lump sum. The City shall not authorize, and the Contractor shall not perfonn, any Additional Services, for which any payment would cause the total :\um compensation for Additional Services to exceed the amount of $185,000.00. Payments for Additional Services shall be subject to in the provisions of this Agreement. 6. COMPENSATION DURING ADDITIONAL TERMS. C! CONTRACTOR'S compensation rates for each additional tenn shall be the same as the original tenn;OR . 13 The Contractor's compensation rates shall be adjusted effective on the commencement of each Additional Term, if any. The lump sum compensation amount, hourly rates, or fees, whichever is applicable as set forth in section 5 above, shall be adjusted by a percentage equal to the change in the Consumer Price Index for Urban Wage Earners and Clerical Workers for the San Francisco­ Oakland-San Jose area, published by the United States Department of Labor Statistics (CPI) which is published most iliunediately preceding the commencement of the applicable Additional Term, which shall be compared with the CPI published most immediately preceding the commencement date of the then expiring tenn. Notwithstanding the foregoing, in no event shall the Contractor's compensation rates be increased by an amount exceeding five percent (5%) of the rates in effect during the immediately preceding Tenn. Any adjustment to the Contractor's compensation rates shall be reflected in a written amendment to this Agreement. 7. INVOICING. The Contractor shall send all invoices to the City, Attention: the Golf Services Manager (the "GSM"). The present GSM is Joseph Vallaire, Golf Course Superintendent, CommunitY Services Dept., Parks and Golf Division, Telephone: 650-329-2175. The invoices: (a) shall be submitted in arrears for the Services performed; (b) shall not be submitted more frequently than monthly; and (c) shall provide a detailed statement of the Services perfonned during the invoice period. which statement may be subject to verification by the City Manager or City Auditor or designee. The City shall pay the undisputed amount of any invoice within thirty (30) days of its receipt. GENERAL TERMS AND. CONDITIONS A. ACCEPTANCE. The Contractor accepts and agrees to the general terms and conditions of this Agreement, Sections A through AA, inclusive. This Agreement includes Sections 1 through 6 above, these general terms and conditions, and the attached exhibits and any amendments thereto. B. QUALIFICATIONS. the Contractor represents and warrants that (1) it has the expertise and 2 Rev. January 11.2010 S:\ASD~URCH\SOLICITATIONS\CURRENT BUYER-eM FOLDERS\K.ATI-ly\Contra cts\CI1l36681-Valley Crest Golf Maintenance\Cl 1 136681 Valleycrest GC Maintenance Agreement FINAL 1 0.12.201 O.doc qualifications to perfonn and complete the Services and (2) every individual acting on behalf of the Contractor who is charged with the perfonnance of the Services has sufficient skill and experience and is duly licensed or certified, to the extent such licensing or certification is required by law, to perfonn the Services. The Contractor acknowledges and agrees that the City expressly relies on .the Contractor's representations .. and warranties regarding its and its employees' skills, know ledge, and certifications in entering into this Agreement C. INDEPENDENT CONTRACTOR. It is understood and agreed that in the performance of this Agreement, the Contractor and any individual or other person employed by it shall at all times be deemed or considered an independent contractor to, and not an agent or employee of, the City. The Contractor shall be responsible for employing or engaging all persons necessary to complete the work required under this Agreement. D, SUBCONTRACTORS. The Contractor may not employ, hire or otherwise use any subcontractor to perform any of the Services, unless the Contractor obtains the prior written consent of the City Manager or designee. The Contractor shall be solely responsible for directing the perfonnance of any approved subcontractors and for any compensation due to those subcontractors. E. TAXES, FEES AND CHARGES. The Contractor shall pay and shall be responsible for.the payment of all taxes, fees, and charges that are applicable to the conduct of the Contractor's business, including any income or other remuneration or compensation paid by the City in accordance with the provisions of this Agreement. . F. COMPLIANCE WITH LAWS. The Contractor shall in the performance of the Services comply with all applicable federal, state and local laws, ordinances, rules, regulations, and orders. G. DAMAGE TO PUBLIC OR PRIVATE PROPERTY. The Contractor shall, at its sole cost and expense, repair in kind, and shall, as the City Manager or designee shall direct, pay any damage to public or private property that may be incurred as a result of or in connection with the Contractor's performance of the Services, including, but not limited to, damage to or destruction of the Golf Course storage and maintenance facilities (the "Facilities"). The City may decline to approve and may withhold payment, in whole or in part, as may be necessary to protect the City from any liability, loss or damage arising in connection with or otherwise due to any defective perfonnance not remedied and occurring during the Contractor's performance of the Services. Upon the receipt of the Contr~or's request, the City shall submit to the Contractor any written documentation in support of such decision to withhold payment. Whenever the City determines that the failure of performance of Services is otherwise remedied, then the City.shall make payment of the amount or amounts withheld. H. SERVICE WARRANTIES. The Contractor expressly warrants that the Services that it shall provide under this Agreement shall be performed in a professional and workmanlike manner in accordance with generally accepted business practices and performance standards of the golf course maintenance services industry, including all federal, state, and local operation and safety regulations, and the requirements of this Agreement. The Contractor expressly warrants that all materials, goods and equipment provided by the Contractor under this Agreement shall be fit for the particular purpose intended, shall be free from defects, and shall conform to the requirements of this Agreement. The Contractor agrees to promptly replace or correct any material, good· or equipment that is defective or otherwise not in compliance with these warranties at no additional cost to the City. The warranties set forth herein shall be in effect for a period of one (1) year from the date of completion of the Services, and shall survive the expiration or earlier termination of this Agreement. I. MONITORING OF SERVICES. The City may monitor the Services performed under this Agreement to detennine whether the Contractor's performance is rendered in a satisfactory manner and otherwise complies with the provisions of this Agreement. J. CITY'S PROPERTY. Any reports, information, data or other material (including copyright interests) developed, collected, assembled, prepared, or caused to be prepared under this Agreement will become the property of the City without restriction or limitation upon their use and will not be made available to any individual or organization by the Contractor or its subcontractors, if any, without the prior written approval of the City Manager. ' 3 Rev. January 11.2010 S:\ASD\PURCH\SOLICITATIONs\CURRENT BUYER-CM FOLDERS\KATHY\Contta cts\Cll136681-Va11ey Crest Golf Maintenance\Clll36681 Valleycrcst GC Maintenance Agreement FINALIO.l2.2010.doc K. AUDITS. The City and its authorized representatives may audit, at.any reasonable time during the Term . and for three (3) years after the date of final payment, the Contractor's records pertaining to matters covered by this Agreement. The Contractor shall maintain accurate books and records in accordance with generally accepted accounting principles for at least three (3) following the expiration or earlier termination of this Agreement. . L. NO IMPLIED WAIVER. No payment, partial payment, acceptance, or partial acceptance by the City shall operate as a waiver.on the part of the City of any of its rights under this Agreement. M. INSURANCE. The City, at its sole cost, sliall purchase and maintain in full force during the Term, the insurance coverage described in Exhibit "D". Insurance must be provided by companies with a Best's Key rating of A-:VII or higher and which are otherwise acceptable to the City's Risk Manager .. The Risk Manager must approve deductibles and self-insured retentions. In addition, all policies, endorsements, . certificates and/or binders are subject to approval by the Risk Manager as to form and content. The Contractor shall obtain a policy endorsement naming the City of Palo Alto as an additional insured under any general liability or automobile policy. The Contractor shall obtain an endorsement stating that the insurance is primary coverage and will not be canceled or materially reduced in coverage or limits until after providing thirty (30) days' prior written notice of the cancellation or modification to the Risk Manager. The Contractor shall provide certificates of such policies or other evidence of coverage satisfactory to the Risk Manager, together with the required endorsements and evidence of payment of premiums, to the City concurrently with the execution of this Agreement and shall during the Term provide current certificates evidencing the required insurance coverage and endorsements to the Risk Manager. The Contractor shall include all subcontractors as insured under its policies or shall obtain and provide to the City separate certificates and endorsements for each subcontractor that meet all the requirements of this section. The procuring of such required policies of insurance shall not operate to limit the Contractor's liability or obligation to indemnify the City under this Agreement. N. HOLD ~ARMLESS. To the fullest extent permitted by law and without limitation by the provisions of Section M relating to insurance, the Contractor shall indemnify, defend and hold harmless the City, its officials, officers, employees and agents from and against any and all damages, demands, claims, injuries, losses, or liabilities of any nature, includfug death or injury to any person, property damage or any other loss, including, without limitation, damages, penalties, fines and judgments, associated investigation and administrative expenses and defense costs, including, but not limited to reasonable attorney's fees, courts costs and costs of al~rnative dispute resolution), arising out of, or resulting in any way from or in connection with the performance of this Agreement. The Contractor's obligations under this Section N apply regardless of whether or not liability is caused or contributed to by any negligent (passive or active) act or omission of the City, except that the Contractor shall not be obligated to indemnify for liability arising from the sole negligence or 'willful misconduct of the City. The acceptance of the Services by the' City shall not operate as a waiver of the right of indemnification. The provisions of this Section shall survive the completion of the Services or the earlier termination of this Contract. O. NON-DISCRIMINATION. As set forth in Palo Alto Municipal Code section 2.30.510, the Contractor certifies that in the performance of this Agreement, it shall not discriminate in the employment of any person.because of the race, skin color, gender, age, religion, disability, national origin, ancestry, sexual orientation, housing status, marital status, familial status, weight or height of such person. The Contractor acknowledges that it has read and understands the provisions of Section 2.30.510 of the Palo Alto Municipal Code, relating to Nondiscrimination Requirements and the penalties for violation thereof, and it agrees to meet the requirements of Section 2.30.510 pertaining to nondiscrimination in employment. P. WORKERS' COMPENSATION. The Contractor, by executing this Agreement, certifies that it is aware of the provisions of the California Labor Code, which require every employer to be insured against liability for workers' compensation or to undertake self-insurance in accordance with the provisions of that the Labor Code, and certifies that it will comply with such provisions, as applicable, before commencing and during the performance of the Services. . Q. TERMINATION. The City Manager may terminate this Agreement without cause by giving ten (10) days' prior written notice thereof to the Contractor. If the Contractor fails to perform any of its material obligations under this Agreement, in a4dition to all other remedies provided by law, the City Manager may 4 Rev. January 11, 2010 S:\ASD\PURCH\SOLICITATIONS\CURRBNT BUYER-CM FOLDERS\KATHy\Contra cts\CI1136681-Valley Crest Golf Maintenance\Clll36681 Valleycrest GC Maintenance Agreement FlNALI0.12.2010.doc tenninate this Agreement immediately upon written notice of termination. Upon receipt of such notice of termination, the· Contractor shaH immediately discontinue performance. The City shall pay the Contractor for services satisfactorily performed up to the effective date of termination. If the termination is for cause, the City may deduct from such payment the amount of actual damages, if any, sustained by the City due to the Contractor's failure to perform its material oblig!\tions under this Agreement. Upon teimination, the Contractor shall immediately deliver to the City Manager any and all copies of studies, sketches, drawings, computations, and other material or products, whether or not completed, prepared by or given to the Contractor, in connection with this Agreement. Such materials shall become the property of the· City. IIi addition, the Contractor may terminate this Agreement in the event the City fails to pay compensation to the Contractor, as pr!)vided by SectiQn 5 of this Agreement and Exhibit "C," provided the Contractor provides the City with written notice of termination, which becomes effective thirty (30) days of the date of notice. R. ASSIGNMENTS/CHANGES •. This Agreement binds the Parties and their successors and assigns to all covenants ofthis Agreement: This Agreement shall not be assigned or transferred without the prior written consent of the City. No amendments, changes or variations of any kind are authorized without the written cOnsent of the City. . . S. CONFLICT OF INTEREST. In accepting this Agreement, the Contractor.covenants that it presently has no interest, and will not acquire any interest, direct or indirect, fmancial or otherwise, which would conflict in any manner or degree with the performance of this Agreement. The Contractor further covenants that, in the performance of this Agreement, it will not employ any person having such an interest. The Contractor certifies that no City officer,. employee, or authorized representative has any fmancial interest in the business of the Contractor and no person associated with the Contractor has any interest, direct or indirect, which could conflict with its obligation of faithful performance of this Agreement. The Contractor shall inform the City whenever a conflict may arise. T. GOVERNING LAW. This Agreement shall be governed and interPreted by the laws of the State of California. U. ENTIRE AGREEMENT. This Agreement, including all exhibits,.·represents the entire agreement between the Parties with respect to the Services. Any variance in the exhibits does not affect the validity of the Agreement and the Agreement shall control over any conflicting provisions in the exhibits. This Agreement super~edes aU prior agreements, representations, statements, negotiations and undertakings whether oral or written . . V. NON-APPROPRIATION. This Agreement is subject to the flScalprovisions of the Charter of the City of Palo Alto and the Palo Alto Municipal Code. This Agreement will terminate without any penalty (a) at the end of any fiscal year in·the event that funds are not appropriated for the following fiscal year, or (b) at any time within.a fIscal year in the event that fimds are only appropriated for a portion of the fiscal year and funds for this Contract are no longer available. This Section shall take precedence in the event of a conflict with any other covenant, term, condition, or provision of this Contract. . W. ENVIRONMENTALLY PREFERRED PURCHASING AND ZERO WASTE REQUIREMENTS. The Contractor shall comply with the City's Environmentally Preferred Purchasing policies, which may be obtained from the City's Purchasing division; the policies are ·incorporated by reference and may be . amended by the City from time to time. The Contractor. shall comply with waste reduction, reuse, recycling and disposal requirements of the City's Zero Waste Program. Zero waste best practices include fITst minimizing and reducing waste; second, reusing waste and third, recycling or composting w.aste. In particular, the Contractor shall comply with the following zero waste requirements: • . All printed materials provided by the Contractor to the City generated from a personal computer and printer, including, but not limited to, proposals, quotes, invoices, reports, and public education materials, shall be double-sided and printed on a minimum of 30% or greater post-consumer content paper, unless otherwise approved by the City's Project Manager. Any submitted materials printed by a professional printing company shall be a minimum of 30% or greater post-consumer. material and printed with vegetable based inks. . • Goods purchased by the .Contractor on behalf of the City shall be purchased in accordance with the City's .Environmental Purchasing Policy, including, but not limited to, Extended Producer Responsibility requirements for products and packaging. A copy· of this policy is on file and 5 Rev. January 11,2010 S:\ASD\PURCH\SOLICITATIONS\CURRENT BUYER·eM FOLDERS\KATHy\Contra cts\Cl1l36681-Valley Crest Golf Maintenance\Cll136681 Valleycrest GC Maintenance Agreement FINALIO.l2.2010.doc available for inspection at the Purchasing Division. • Reusable/returnable pallets shall be returned by the Contractor, at no additional cost to the City, for reuse or recycling. The Contractor shall provide documentation from the facility, which accepts the pallets, verifying that pallets are not being improperly disposed. . x; AUTHORITY. The individual(s) executing this Agreement represent and warrant that they have the legal capacity and du~ authority to do so on behalf of the Contractor. Y. CONTRACT TERMS: All unchecked boxes do not apply to this Agreement. Z. STORAGE AND MAINTENANCE FACILITIES. The City hereby grants a license and right of entry to the Contractor to access, occupy and use the site of the Facilities (the "Site"), which comprise several building facilities, including sheds and shops, and the two surrounding areas that are bounded by chain-link fencing and that straddle the Golf Course holes and the Palo Alto airport, which the City shall make available to the Contractor during the Term at no additional cost to the Contractor. The Contractor shall maintain the Site and the Facilities in the same condition existing' as of the date· when the Contractor is takes possession thereof, ordinary wear and tear excepted. The Contractor shall use due care and caution with respect to (1) whenever its employees. agents. representatives, contactors or subcontractors use the equipment maintenance shop, depic!ed in Exhibit "G"· and located closest to the Palo Altp airport above­ ground jet fuel storage tanks (the "Fnel Tanks"), for purposes of performing equipment repairs as a part of . the Services, (2) the fertilizer storage shed. in which fertilizer and other potentially hazardous materials are stored, and (3) the oil storage shed, to ensure that the potential for accidental ignition and resulting frre­ related damage and hazardous materials losses will be substantial mitigated. The Contractor will exercise such due care as, for example, the Contractor shall close the roll-down door of the equipment maintenance shop, located closest to the Fuel Tanks, whenever an ignition source such as an acetylene torch is used therein for equipment welding purposes, and whenever using and ensuring the utility and integrity of sand bags and other materials that are located around catch basins in the event of a chemical spill. Th<l City will conduct quarterly inspections of the Site and the Facilities, including the Fuel Facility, upon prior reasonable notice given to the Contractor. AA.FUEL FACILITmS. Nothing in this Section AA 0.1 other provision of this Agreement shaH be deemed or . construed to require the Contractor to purchase from the City any fuel for sue by any equipment or vehicle or other instrument that the Contractor uses to provide the Services. The City shall retain ownership and control of the card reader, fuel pump and fuel tank (collectively, the "Fuel Facility") located at the Site. The Contractor acknowledges and agrees that, if the Contractor uses the Fuel Facility to withdraw fuel, then it shall compensate the City for the quantities of fuel at the charges then in effect. The Contractor acknowledges and agrees that the City currently imposes a fuel charge, which inCdrporates the cost of fuel delivery, fuel commodity charge, based on the Oil Price Information Service Index) and direct overhead costs (the "Fuel Price"). For Fuel Price e~ate disclosure purposes only, the City represents that the Fuel Price for August 2010 was $3.43 for unleaded gasoline and $3.12 for diesel fuel. Notwithstanding any provision in this Agreement to the contrary, the Contractor further acknowledges and agrees that .the City shall access the Fuel Facility for its own purposes and it has permitted the golf course operator and Pro­ Shop tenant, currently Brad Lozares, to enter upon the Site and use the Fuel Facility, and that the City will not require the Contractor to assume any such fueling obligation with resPt:ct to the operator-tenant Lozares. IN WITNESS WHEREOF, the Parties hereto have by their duly authorized representatives executed this Agreement on the date first above written. . 6 Rev. January 11,2010 S:\ASD\PURCH\SOLICITATIONS\CURRENT BUYER-CM FOLDERS\KATHy\Contra cts\Cl1136681.Val1ey Crest Oolf Maintenancc\Cl1136681 Valleycrest OC Maintenance Agreement FINAL 1 0.12.201 O.doc CITY OF PALO ALTO City Manager or Designee (Required on contracts. $85,000 and over) Approved as to fOnD: Senior Assistant City Attorney VALLEYCREST GOLF .COURSE MAINTENANCE, INC. By ~A,&< . Name G-'CjfltCY A. Pte.s"\...Q;l~ Title Pruilh t= Telephone~ K \3"''''' 3, .. ) I'~ .~ 5 ~ev.1aouery II, 2010 C:\DOCII1lIen1J and SctIingslgpielOhalalLocal SeI1Inga\"fcmpomy Internet FiIos\OLK29\C11136681 VaUayuest ac Maint.nan •• Agroement FlNALIO 12 2010.doc EXHIBIT "A" SCOPE OF SERVICES SPECIFICATIONS & REQUIREMENTS Contract No. C11136681 GOLF COURSE MAINTENANCE PROJECT Specifications for the Services to be provided by the Contractor of the Golf Course: . I. SCOPE OF WORK-Golf Course Maintenance The Contractor shall provide the highest quality of Golf Course maintenance services and materials: The Contractor agrees to provide the highest quality commercially accepted methods, procedures and. scientific controls for Golf Course maintenance. The term "scientific controls" means the practices based upon the recommendations of the University of Califorrl'ia, the U.S. Forest Service, or similarly qualified experts, a'nd the recommendations set forth in the University of California Cooperative Extension Publications, the Consumer Products Safety Commission Playground Guidelines and information in standard landscape industry references. The obligations set forth herein shall include the use of proper .knowledge, skills, materials and equipment of a timely basis to maintain all areas in a clean, safe, healthy, and aesthetically acceptable manner during the Term. The Contractor agrees to be continuously alert in locating and defining problems and agrees to exercise·prompt and proper corrective action. Action times will be prioritized, and. low priority items will be given a time line for corrections. A PRELIMINARY WRITTEN REPORT SHALL BE SUBMITTED FOR MAJOR CORRECTIVE PROBLEMS NOT COVERED IN THE AGREEMENT. The Contractor shall communicate to the City ALL hazards that are seen while on site. II. GOLF COURSE MAINTENANCE SERVICES SPECIFICATIONS 1.0 GENERAL REQUIREMENTS The following specifications shall apply to the Golf Course. The Contractor shall furnish all labor, equipment, materials, tools, services and special skills required to perform the Services as set forth in these specifications . and in keeping with the highest industry standards of quality and performance. NOTE: Any and all· references to the role or duties of the Golf Services Manager (GSM) in this Agreement shall not be deemed or construed to relieve the Contractor of any duty or obligation to maintain the Golf Course in conformance 7 Rev. January 11,2010 S:\ASD\PURCH\SOLIClT ATlONS\CURRENT BUYER·CM FOLDERS\KATHY\Contra cts\CI I 136681-Valley Crest Golf Maintenance\Cl I 136681 Valleycrest GC Maintenance Agreement FINAL! 0.12.201 O.doc to the specifications of Exhibit "A". 1.1 SAFETY 1.1.1 The Contractor shall perform all work outlined in these specifications in such a manner as to meet all accepted standards for safe practices .. dur.ing the maintenance and operation and to safely maintain equipment, machines, and materials or other hazards consequential or related to the work; ~nd agrees additionally to accept the sole responsibility for complying with all·local, County, State or other legal requirements, including, but not limited to, full compliance with the terms of the applIcable OSHA and CAL OSHA Safety Orders, and at all times protecting all persons, including the Contractor's employees, vendors, members of the public or others from foreseeable injury or damage to their property. On and after the Effective Date, the Contractor shall identify and inspect all potential hazards existing or subsequently occurring at the Site and the Facilities, and shall create and maintain a written log, indicating the ·dates of inspection and actions taken. . 1.1.2 The Contractor shall ensure that all required certifications and training methods are adhered to and current. Evidence of the same shall be maintained at the Site or as otherwise approved by the City. 1.1.3 For the safety of the general public at the Golf Course and the Palo Alto airport and its employees, agents, representatives, contractors and subcontractors, the Contractor shall adhere to the appropriate handling and use requirements for hazardous materials, pesticides, chemicals and fungicides used in connection with the rendering of the Services. The use of the aforementioned items will require proper certification of applicators, evidence of which shall be maintained at the Site or· as otherwise approved by the City. Notices will be prominently posted in public areas for the use of hazardous chemicals or pesticides .. ·1.1.4 When its employees are performing the Servic~s, the Contractor shall make every effort to keep sidewalks, vehicle travel lanes and driveways open and unobstructed at all times, and shall honor standard golf etiquette by performing maintenance tasks within acceptable golf play conditions. 1.1.5 The Contractor shall inspect and identify any condition(s) that renders unsafe.anY portion of the. areas of the ~olf Course or the Site under its care and maintenance, as well as any unsafe practices occurring thereon. The Contractor shall notify the GSM immediately upon the discovery or knowledge of the existence of any l:lnsafe condition that will require remedial action, attention or other appropriate correction. The Contractor shall be responsible for making corrections, including, but not limited to,. filling holes and replacing valve box covers so as to protect golfers and· other members of the public from injury. The Contractor shall cooperate fully with the City in the investigation of any accidental injury or death by 8 Rev. January 11.2010 S:\ASD\PURCH\SOLICIT ATIONS\CURRENT BUYER-CM FOLDERS\KATHy\Contra cts\CII136681-Valley Crest Golf Maintenance\C 11136681 Valleycrest GC Maintenance Agreement FINAL 1 0.12.201 O.doc . the public, the Contractor's employees, agents, representatives, contractor and subcontractors as well as by any other entity present or occurring in at the Golf Course or the Site, including a complete written report thereof to the GSM within twenty-four (24) hours following the occurrence of such event. 1.2 PROTECTION OF PROPERTY 1.2.1 During Periods of Inclement Weather: The Contractor will provide supervisory inspection of the Golf Course during regular hours to prevent or minimize possible damage. The Contractor shall submit a report identifying any storm damage to the GSM, which shall be attached to a site map" that identifies the location of damage." The Contractor's employees shall continue to perform the Services that are or will not be affected by such inclement weather (e.g., "clean-up a·nd. facility maintenance, as well as work caused by the inclement weather). "" 1.2:2 The Contractor shall exercise due care during the performance of the Services in protecting from damage all existing facilities, structures and utilities, including both aboveground and underground City property. Any damage to. the City's property that is determined to be caused by the " Cantractor's act or omission shall be corrected and paid far by the Contractor, upon request, at no cost to. the City. 1.2.3 If the City requests or directs the Co.ntractar to. perfarm Services wark in a specified area, then the Contractor shall be responsible for verifying and locating (and markin"g by USA) any underground utility systems and far taking reasonable precautians whenever its employees are or will be· working in these areas. Any damage or problems shall be reported immediately to the GSM. 1.3 INTEGRATED PEST MANAGEMENT. 1.3.1 The Contractor shall satisfy and athelWise comply with the follawing IPM provisians: a. T\1e Cantractar must wark clasely with the GSM and the City's IPM Coordinatar (the "IPMC") to achieve annual IPM goals which strive to. reduce the amaunt and taxicity of pesticides that are used while maintaining the health and aesthetics of the Golf Course. The Cantractar must attend annually City IPM meeting, caordinate with the IPMC an annual goals, and meet quarterly to track progress on annual gaals and troubleshaot IPM problems and respond to public requests. b. Within thirty (30) days of the Effective Date and annually on the anniversary date (Navember 1st or as othelWise specified) af this , 9 Rev. January 11,2010 S:\ASD\PURCH\SOLICITATIONS\CURRENT BUYER-CM FOLDERS\KATHy\Contra cts\CIII36681·Valley Crest Golf Maintenance\CI I 136681 Valleycrest GC Maintenance Agreement FINALIO.l2.2010.doc Agreement, the Contractor shall submit to the GSM and the IPMC, an Integrated Management Plan (the "Plan") that compli~s with the City's IPM Poiicy. The Plan ·shall be reviewed annually for currency . updates and modifications. Frequent and thorough site inspections on foot will be needed to ensure no major fungal or insect infestations shall occur. c. Fungicides, insecticides and herbicides will be approved prior to use by the GSM with IPMC consultation. New pesticides may not be used without the GSM's prior written authorization. Pesticides ·win·be selected in accordance with the City's goal to minimize the use of ecotoxic "Tier 1" pesticides and the total amount of pesticides (active ingredient) as defined in the CitY's annual pest report .. d. The Contractpr must maintain any pre-existing IPM strategies used at the Golf Course, unless it is otherwise determined by the GSA in conSUltation with the IPMC. e·. The Contractor acknowledges that the City believes and is informed that the reduction in use of Tier 1 fungicides at the Golf Course has been a key component of the reduction of pesticide toxicity at the Golf Course. Whenever the use of fungicides is deemed necessary by the Contractor, Tier 2 fungicide use shall be maximized prior to the Contractor's use of Tier 1 fungicides. If Tier 1 fungicides must be used, then Tier 1 fungicides that are not ecotoxic (a subset of Tier 1 pesticides) must be used first. Attachment 3 contains a list of current fungicides that are used, which includes the preferred Tier 2 products. The City's Environmental Compliance Program will provide technical assistance in· determining product toxicity and Tier rankings. f. The City reserves the right to disallow and otherwise prohibit the Contractor from using any pest control measure that the City determines may jeopardize the public health, safety and welfare at the Golf Course or threaten the environment or which conflicts with the intention of the City's IPM policy .. g. Rodent control will be performed by trapping. Baiting or fumigant use is prohibited unless authorized by the GSM in consultation with the IPMC. Trapping will be performed using devices that are preapproved .by GSM using humane trapping procedures in order to minimize stress or animal discomfort. h. For. insect or other invertebrate control in, on or about the Golf Course, Golf Course buildings and other structures, the Contractor's first priority will be to address conditions that are conducive to insect pests' infestation and conserve naturally· 10 Rev. January 11,2010 S:\ASD\PURCH\SOLICITATIONS\CURRENT BUYER-CM FOLDERS\KATHY\Contra cts\Cll136681-Valley Crest Golf Maintcnance\C 11136681 Valleycrest GC Maintenance Agreement FINAL 1 0.12.201 O.doc beneficial insects (or other invertebrates). Selective applications of the least-toxic pesticides may be used only when non-chemical control measures have been exhausted. The following products shall not be used for insect control: i. Products labeled with the signal word "danger" ii. Organophosphate products (e.g.,diazinon or chlopyrifos) . . iii. Carbamate products (e.g., carbaryl) iv. Pyrethroid-containing products Biological controls will be based upon sound information such as that provided by the University of California. The CSD staff will provide Site-specific historical data for known infestations. . i.. The Contractor must provide regular pesticide reporting information in electronic format using the City's Contractor's Pesticide Application Form (Attachment 2) and to be emailed to the GSM and the IPMC by the 15th day of each month for the previous month's work, unless it is otherwise agreed to and approved by the IPMC. The Contractor must also have internet access and the ability to ehter pesticide use information online if the City provides that· reporting mechanism. " j. For the City's Annual Pest Management and IPM Report, the Contractor must also provide information confirming appropriate training of staff, an annual inventory of hazardous materials and hazardous wastes to ensure expired or prohibited products are appropriately disposed and a written summary of the ·challenges and successes of IPM program efforts annually. The brief report format (Attachment 2) shal~ be provided by the City, and shall be . due to the IPMC by December 3.1 of each year. k. In accordance with the City's shared Municipal Regional Storm water permit, IPM training must be provided to the Contractor's staff at a minimum of once every three (3) years, or at a minimum of one time during the Term, as shall be established by the GSM. I. . Requests for information from the GSM or IPMC must be responded to within 48 hours . . All materials used shall be in strict accordance with and applied within the standards set forth in the EPA regulations and the California Food and Agricultural Code. The Contractor is responsible for obtaining a'lI required permits and maintaining the required usage documentation and to comply with all requests from the Santa Clara County Agricultural Department to fnspect records, licenses, training 11 Rev. January 11,2010 S;\ASD\PURCH\SOLICITATIONS\CURRENT BUY.ER-CM FOLDERS\KATHY\Contra cts\CI I 13668I-Valley Crest Golf Maintenance\CII136681 Valleycrest GC Maintenance Agreement FINALIO.l2.2010.doc certificates, equipment and storage facilities. All applicable regulations shall ~e strictly adhered to, and all required reporting shall be the responsibility of the ' Contractor. 1.3.2 Pesticide Application Timing: Pesticides shall be applied at times that limit the possibility of contamination from weather, irrigation or other factors. Early morning or evening application shall be used when possible to avoid contamination from drift. If applicable', drift control skirted booms must be used when golfers are present if applicable. Small backpack applications may be performed based on weather protection and with provisions made for the safety of golfers. The applicator shall monitor and forecast weather conditions. to avoid making application prior to the occurrence of inclement weathet in order to eliminate the potential for the runoff of treated areas. Irrigation water applied after treatment shall be reduced to eliminate runoff. Whenever water shall be required to increase pesticide efficiency, it shall. be applied only in quantities specifi~d on the label requirements and of which each area is capable of receiving without excessive runoff. 1.3.3 Handling of Pesticides: Care shall be taken in transferring and mixing pesticides to prevent contaminating areas outside the target area. Application methods shall be used which ensure that materials·are confined to the target area. Spray tanks containing leftover materials shall not be drained on or about the Site to prevent contamination. Disposal of pesticides' and tank-rinsing materials shall be handled in accordance With the guidelines established in the California Department of Food and Agricultural Code and/or EPA regulations, whichever imposes the higher ~uty of care on the Contractor. 1.3.4 Equipment and Methods:' Spray equipment shall be in good operating condition, quality, and design to efficiently apply material to the target area. The Contractor shall avoid the use of high pressure applications, but it will be permitted to use water soluble drift agents that will minimize drift. 1.3.5 Recommendations: All pesticide applications shall be made jn accordance with written recommendations provided by a licensed Pest Contro'l Advisor (PCA); a copy of each written recommendation of the PCA will send to the GSM. A licensed Qualified Applicator (who possesses a Qualified Applicator Certificate) shall be kept at the Site during application. 1.3.6 Selection of Materials: Pesticides shall be selected from those approved for golf course use by California Department of Food and Agriculture and in compliance with Section 1.3, which lists the prohibited pesticides. 1.4 SOUND CONTROL REQUIREMENTS 1.4.1 The Contractor shall comply with all local sound control and noise level rUles', regulations and ordinances, which apply to any work performed , . 12 Rev. January 11,2010 S:\ASD\PURCH\SOLICIT A TIONS\CURRENT BUYER-CM FOLDERS\KA THY\Contra cts\Cll136681:. Valley Crest Golf Maintenance\Clll36681 Valleycrest GC Maintenance Agreement FINALl 0.12.20 1 O.doc · . pursuant to the contract. 1.4.2 Each internal combustion engine used for any purpose on the job or related to the job shall be equipped with a 'muffler of a type recommended by the manufacturer of such equipment. No .internal combustion engine shall be operated on the project without said muffler. 1.5 EQUIPMENT AND ACCESSORIES 1.5.1 The Contractor shall provide all necessary equipmentneeded to perform the Services as set forth in this Exhibit "A". 1.5.2 As of tlie Effective Date, the Contractor shall purchase from the City the equipment, listed in Attachment A, in the "as-is", "where-is" condition in the amount of $125,000, which sum shall be paid to the City on or before the Effective Date. The Contractor will assume all rights and obligations relating to the equipment as of the Effective Date. To the extent that the City will require the Contractor to execute a bill of sale for such equipment, the Contractor will execute and deliVer the same promptly to the City. 1.5.3 A third party 'furnishings, fixtures and equipment' consultant will value the remaining supplies, materials and minor tools and equipment (not the subject of the .sale and purchase) at the Site that is related to Golf Cours~ maintenance. The Contractor shall pay the City for the cost of the .' independent consultant's valuation by the Effective Date or as soon as practicable as agreed to by the City. 1.5.4 The Contractor shall take all necessary precautions for safe operation of purchased equipment and the protection of the public from injury and damage from such equipment. 1.5.5 All accessory equipment must be maintained in a clean, safe, functioning condition at all times and repainted as required to present an aesthetically pleasing appearance. . 1.5.6 The Contractor shall be responsible for the repair and repl.acement of Golf Course signage, shoe brushes, trash receptacles, ash urns, greens cups, NCGA tee markers, benches, s~nd rakes, flags and poles, ball washers, fairway yardage poles, and sprinkler yardage markers. 1.6 INQUIRIES AND COMPLAINTS .; 1 ~6.1 The Contractor shall have at the Golf Course and the Site designated responsible management personnel who will be authorized to take the necessary action regarding inquiries and complaints that may be received by the City, the golf course management services professional and/or patrons during regular business hours. Copies of any and all public correspondence will be provided to the GSM. 13 Rev. January 11,2010 S:\ASD\PURCH\SOLICITATIONS\CURRENT BUYER-CM FOLDERS\KATHy\Conlra cts\Cl1 136681-Valley Crest Golf Maintenance\Cll136681 Valleycrest GC Maintenance Agreement FINAL 1 0.12.2010.doc 1.6.2 Whenever immediate action is required to prevent impending injury, death or property damageto the Site and/odhe Facilities and the Golf Course facilities to be maintained or serviced by the Contractor, the City may. after . reasonable attempt to notify the Contractor,cause such action to be taken by the City's employees, agents, representativ~s, contractors and subcontractors and shall be permitted to charge the full cost thereof to the· Contractor .. The Contractor shall reimburse the City for such .costs and expenses within ten (10) days of demand. . . 1.6.3 . All complaints shall be abated as soon as possible after notification to the satisfaction of the City. If-any complaint is not abated within a reasonable time, the Contractor shall notify immediately the City of the reason for not abating the complaint, which shall be followed ·by a ·written report. sent to the GSM within three (3) days of the incident giving rise to the complaint. 1.6.4 Monthly golfer surveys will be conducted; golfer satisfaction of Golf· Course conditions, indicating 'good' or 'excellent' is expected from 80% or more of responses. The City reserves the right to consult with the Contractor in the event the responses fall below such threshold. . 1.7 MAINTENANCE EMPLOYEES/UNIFORMSNEHICLES 1.7.1 Employees: The Contractor shall designate a full-time Class "A" Golf Superintendent and Mechanic (the "Superintendent"), who shall be assigned to full-time service at the Golf Course. There shall be present at the Golf Course an English-speaking supervisor,who shall be fully trained in all maintenance responsibilities and who sh~1I remain on-site at all times while the Services are being performed at the Golf Course. The Contractor shall provide to the City on or before the Effective Date, all job classifications and descriptions for personnel who will be assigned duties, responsibilities and services to be performed at the Golf Course in 'furtherance of the Con~ractor's obligations under the Agreement. A minimum .of ten (10) full-time equivalent maintenance employees, between March 1st and October 30th, and eight (8) full-t.ime equivalent maintenance employees, between November 1st and February 28th, shall be assigned to work solely at the Golf Course and shall not be assigned duties or responsibilities at other sites nor shall they be rotated between . other sites that are maintained by the Contractor. The Contractor may use temporary employees in case of absences or emergencies, if those employees are trained in golf course maintenance, etiquette, and are in uniform in accordance with applicable standards. The Contractor may use temporary employees in case of absences or emergencies if those employees are trained in golf course maintenance, etiquette, and are in uniform and as otherwise will comply with industry standards. 14 Rev. January 11,2010 S:\ASD\PURCH\SOLICITA TIONS\CURRENT BUYER·CM FOIDERS\KATHy\Contra· cts\CII136681·Valley Crest Golf Maintenance\C11136681 Valleycrest GC Maintenance Agreement FINALI0.~2.2010.doc All maintenance employees shall present a neat, well-groomed appearance at all times. The Contractor's employees shall act in a courteous, professional manner at all times. Every effort shall be made to perform the work while creating minimum disturbance to the golfers. Any Contractor employee, who is determined by the GSM to be incompete-nt, disorderly, and intemperate or otherwise behaves objectionably, upon request of the G8M, shall be immediately removed by the Contractor from the Golf Course crew and replaced with a satisfactory replacement. The Superintendent will attend and participate in bi-weekly Golf Course management/tenant meetings, monthly Golf Advisory Committee meetings and other Golf Course-related meetings, whenever the subject of Golf _ Course maintenance will be a topic or related topic of discussion. The Superintendent shall play the Golf Course in order to be able to discuss-the Golf Course conditions with the golf course services professiOnal and golfer patrons and experience first-hand the playing conditions. Rounds shall be limited to the weekdays, and in no event more than four (4) complimentary rollnds a month, subject to space availability, and no advance reservations will be permitted. All other Contractor maintenance staff assigned to duties at the Golf Course may play two (2) complimentary rounds a month, weekdays only, subject to space availability, and no advance reservations. The Contractor's staff, who will be assigned to duties at the Golf Course, shall be fingerprinted before they will be permitted to commencing work on behalf of the Contractor at the Golf Course. The Contractor will confirm, in writing, of such fingerprinting, upon request of the G8M. 1.7.2 Uniforms: The Contractor shall pay for and bear the maintenance cost of uniforms for all employees working on the Golf Course. The uniform shall be worn as a complete unit and be fitted properly. The uniform shall be cleaned and pressed with no rips, tears or permanent stains present. The uniform shall include an inSignia or logo that refers to "City of Palo Alto Municipal Golf Course." In cool weather when a jacket or sweatshirt is needed, the jacket or sweatshirt shall be worn as the outer garment. All shirts and jackets shall have the golf course logo and the worker's first name on them. Protective golf staff equipment shall be determined by the Contractor when working on the golf Gourse. When working elsewhere at the facility, but not within the actual field of play, a cotton uniform cap with either of the golf course logos may be worn, but must be worn with the bill facing forward at all times. 15 Rev. January 11,2010 -S:\ASD\PURCH\SOLICITATIONS\CURRENT BUYER-CM FOLDERS\K.ATHy\Conlra cts\CII136681.Va1ley Crest Golf Maintenance\Cll1366~1 Va1leycrest GC Maintenance Agreement FINALIO.l2.2010_doc 1.7.3 ,vehicles: All vehicles owned, controlled or used by the Contractor afthe Golf Course shall be maintained in good mechanical and body repair. The vehicles shall be in clean condition, both inside and outside at all times. The vehicles driven on public roadways shall bear the Contractor's , company name or seal, which shall be visible on both sides of the vehicles. The,vehicles used on the Golf Course will also display an adopted insignia or logo that refers to "City of Palo Alto Municipal Golf Course." ' Each vehicle shall be equipped to hold all necessary tools and equipment in a neat and orderly fashion. 1.8 THE CITY'S RIGHT TO DO WORK The City reserves the right to perform work as required on the Golf Course, including all areas, grounds, buildings and structures, and to access the Site to use any building or shed thereon and perform maintenance or other work on City-owned lighting and other facilities on or about the Site. The work referenced herein may include, but is not limited to, capital improvements and/or alterations intended to improve the Golf Course facilities and infrastructure. If such project(s) will affect the Contractor's cost to provide the 'Services as agreed to in the Agreement and the Contractor desires to seek compensation fpr ,addjtional costs, then the Contractor shall be required to submit, in writing, justification to support the additional costs before incurring any such costs. The. Parties will review the justification .in order to be able to address any desired modifications to the compensation provisions of this Agreement. 2.0 SPECIFIC MAINTENANCE REQUIREMENTS 2.0.1. The Contractor shall notify the City prior to use of a subcontractor on the Golf Course. All subcontractors shall obtain and maintain appropriate insurance alid comply with safety requirements and shall be trained in golf course etiquette procedures prior to any work being performed. 2.0.2 The Contractor shall provide to the golf course services professional and Pro-Shop tenant upon request any fuel located at the Site and Facilities in connection with the operator-tenant's golf course-specific equipment, such as a ranger vehicle and one or more smick carts. As set forth in Section Z and in Section AA of the General Terms and Conditions, the Contractor and operator-tenant shall collaborate on an agreement relating to fueling operations and compensation for fuel. 2.0.3 All Golf Course-related plans, blueprints, and drawings are the property of the City and shall not be removed from City property. The Contractor shall be permitted to make copies as required, to ensure the original set of plans, blueprints and drawings remain in good condition. 16 . Rev. January 11,2010 \\Cc·tcrra\shared\ASD\PURCH\SOLICIT ATIONS\CURRENT BUYER-CM FOLDERS\KATHy\Contra cts\Cll 136681-Valley Crest Golf Maintenancc\Cll136681 Valleycrest GC Maintenance Agreement FINALIO.l2.2010.doc ·2.0.4 The Contractor shall perform any required maintenance activities, including, but not limited to, ropes, stakes, traffic control, turf aerification, and overseeding as a result of golf cart use on the Golf Course. . 2.0.5 The Contractor shall-meet weekly with the golf professional to coordinate golf events and maintenance activities. 2.1 MAINTENANCE RECORDS The Contractor shall provide the GSM with a written schedule of the work to be performed during the following month, which shall include, but is not limited to: general Golf Course maintenance, aerification, tree trimming, pond maintenance, herbicide/insecticide application, fertilization and replacement of plants with ~right colors. The report shall be provided in a format developed by the Contractor and approved by th~ GSM. If the Contractor finds that it is not possible to maintain the submitted .schedule, the GSM shall be advised, and arevised schedule shall be submitted. 2.1.1 The Contractor shall maintain and keep current a log that records all on­ going, seasonal and additional work, and maintenance functions performed on a daily basis by the Contractor's personnel. The report shall be in a form and content acqeptable to the GSM and shall be submitted to the City concurrent with the monthly invoicing. The monthly payment will . not be made until such rep'ort is received by the City. . 2.2 TREES' 2.2.1 Trees trimmed as needed. All tree trimming activities shall be performed on a schedule approved by the GSM and in accordance with the tree, shrub and other wood plan maintenance pruning practices outlined by the American National Standards Institute, Inc. (ANSI) and International· Society of Arboriculture (ISA) Best Management Practices standards. However, such trimming and pruning is a minimum level and shall not relieve the Contractor of other responsibilities set forth herein. The Contractor shall consult with the City's Managing Arborist on issues concerning the removal or treatment of trees at the Golf Course. 2.2.2 Trees shall be kept in healthy condition and pruned as required to remove broken or diseased branches. The Contractor shall develop a pruning . program, which will promote proper tree scaffolding, strength, and . appearance consistent with its intended use. The Contractor shall prune trees to allow wind to pass through the tree, reducing and preventing B­ "sail" effect when needed. 2.2.3 Trees located adjacent to vehicular and/or pedestrian traffic ways shall be maintained so as not to obstruct vehicle and/or pedestrian visibility and clearance. Trees interfering with airport tower vision must be trimmed and 17 Rev. January 11,2010 S;\ASD\PURCH\SOLICITATIONS\CURRENT BUYER-CM FOLDERS\I(ATIIy\Contra C1s\CII136681-Valley Crest Golf Maintenance\Cll136681 VaIJeycrest GC Maintenance Agreement FINALI 0.12.201 O.doc lowered a~ needed. 2.2.4 Fertilization shall be scheduled as often as required to keep trees in a healthy and desirable condition per soil analysis and identification of. nutrient deficiencies as outlined in the pruning specifications. The Contractor shall not apply fertilizer to the root ball or the base of the main stem, but shall spread evenly in the area of drip zone. 2.2.5 Tree stakes, ties, and guys shall. be checked and corrected as neede~. Ties will be adjusted toprevent girdling. Remove unneeded stakes, ties, and guys as required. Re-stake trees as required using lodge pole stakes. 2.2.6 Prune trees along sidewalks and cart paths to allow a ten (10) foot clearance for pedestrians and golf carts and fifteen (15) feet above curb and gutters for vehicular traffic. 2.2.7 Ailing or stunted trees which fail to meet expected growth will receive additional nutrient treatments to correct any deficiencies. Terminally diseased trees are to be removed per the City's removal policy and procedures. . 2.2.8 . Surface roots, which become maintenance or appearance problems, will be removed or additional soil and sod cover shall be placed as required to prevent damage to adjacent areas, mowers and golf carts. No weed whip marks or herbicides around exposed roots or trunks. 2.2.9 Any trees that are blown over shall either be removed and replaced or topped and righted at the Contractor's expense. .,' 2.2.10 The Contractor shall develop a tree management plan within six (6) months of the Effective Date, which shall be approved by the GSM, for maintenance of existing trees, removal of dead or diseased trees, and replacement of aging trees. The Plan will be reviewed by the City's Managing Arborist for comments and amendments before being accepted by the City. 2.2.11 Any dead tree that exists through no fault to the Contractor shall. be removed (with the City's prior approval), including stump grinding and repair of such area at the Contractor's expense. 2.2.12 Any dead tree that is present through the fault of the Contractor shall be removed (with the City's prior approval) and replaced per the City Tree Ordinance at the Contractor's expense. 2.2.13 The Contractor shall plant and care for up to 50 new trees each year of the contract. Trees will be provided by the Contractor. Salt tolerant trees, recycled water tolerant, wind breaks, maximum height requirements (airport) will be considered when selecting trees. 18 Rev. January 11,2010 S:\ASD\PURCH\SOLICITATrONS\CURRENT BUYER-CM FOLDERS\KA THY\Contra cts\CII136681-Valley Crest Golf Maintenance\CI1136681 Valleycrest GC Maintenance Agreement FINAL! 0.12.201O.doc 2.2.14 The Parties agree that the annual compensation provided her~in includes an amount not to exceed $13,000 annually, allocated for the arbor care, including tree planting, stump grinding and major tree trimming, and associated green waster disposal for ~rees above 15 feet from the ground. 2.3· SHRUBS The Contractor shall: 2.3.1 Pr~ne shrubs to retain as much of the natural informal appearance as possible. 2.3.2 Shrubs used as formal hedges or screens shall be pruned as required to present a neat, uniform appearance. . 2.3.3 Remove any spent blossoms or dead flower stocks as required to present a neat, clean appearance. 2.3.4 Plants growing over curbing and/or sidewalks shall be trimmed on a natural taper rather than vertical so as not to appear to be hedged. 2.3.5 Schedule the application of a commercial fertilizer as often as required to promote optimum growth and healthy appearance to all shrubs. 2.3.6 Any plant requiring removal shall be replaced by the Contractor. 2.4 GROUND COVER -NATIVE GRASSES 2.4.1 Apply all chemical control (e.g. pesticides) as required and in conformance with the Golf Course Integrated Pest Management Plan that will be approved each year (Section 1.3) to contro"l or prevent pest infestations to protect ornamental planti~gs. 2.4.2 Trim ground cover adjacent to walks, walls and/or fences as required for general containment to present a neat, clean appearance. 2.4.3 Cultivate and/or spray herbicide to remove broad-leafed and grass weeds as required (and in conformance with the Golf Course Integrated Pest Management Plan that will be approved each "year (Section 1.3). Shrub beds shall be maintained in a weed free condition. 2.4.4 Keep ground cover trimmed back from all controller units, valve boxes, quick couplers, or other appurtenances or fixtures. Do not allow ground covers to grow up trees·, into curbs, or on structures or walls. Keep trimmed back· approximately 4 inches from structure or walls. 2.4.5 Fertilization: Schedule fertilization of all ground cover areas with a commercial fertilizer as often as required to promote healthy appearance. Any fertilizer or chemicals must be applied is strict adherence with 19 Rev. JlIrluary 11,2010 S:\ASD\PURCIDSOLICIT A TlONS\CURRENT BUYER-CM FOLDERS\KATHy\Contra cts\Cll136681-Valley Crest Golf Maintenllrlce\Cll136681 Valleycrest OC Maintenance Agreement FlNALI0.12.201O.doc manufacturer's directions to avoid contamination of waterways or disturbance of natural resources. Fertilizers that contain pesticides must be reported to the IPMC on the Contractor's Pesticide Application Form. 2.4.6 Ground cover plants shall be added as needed to ensure a solid mass planting in conformance with the original intent. 2.5 PEST CONTROL ON PLANTS , . 2.5.1 The Contractor shall provide complete and continuous control and/or eradication of all plant pests or diseases in conformance with the Golf Course Integrated Pest Management Plan (Section 1.3): 2.5.2 The Contractor shall supply the proper chemical designated for the pests to be controlled. Any pesticides or chemicals must be applied in strict adherence with manufacturer's directions to avoid contamination of waterways or disturbance of natural resources and be in conformance with the Golf Course IPM Plan that will be approved each year. 2.5.3 The Contractor shall obtain all necessaiy regulatory permits and assume responsibiJity for the use of all chemical controls. 2.6 . IRRIGATION SYSTEM The Contractor will assume all responsibilities for maintenance and repair . of all 2 inch and smaller pipe and all components of the irrigation system such as sprinkler heads, valves, valve boxes, restraints, gaskets, swing joints, quick couplers, saddles, electrical, controller satellites, and hardware of the Golf Course irrigation system. All expenses for parts and labor will be paid for by the Contractor. When replacing steel nuts and bolts the Contractor will use only highest grade stainless steel. All components will be replaced with same manufacture and models as components being replaced unless otherwise approved by GSM. 2.6.1 EFFICIENT USE OF WATER: 2.6.1.1 Considerations must be given to soil texture, struCture, porosity, water holding capacity, drainage, compaction, preCipitation rate, run off, infiltration rate, percolation rate, evapotranspiration, seasonal temperatures, prevailing wind condition, time of day or night, type of grass, . plant and root structure. This may include syringing during the day and watering during periods of windy weather. 2.6.1.2 The Contractor shall be responsible for daily monitoring all systems within premises and correcting for coverage, adjustment, clogging of lines and sprinkler heads, .removal of obstacles, including plant materials which obstruct the spray. 20 Rev. January 11,2010 S:\ASD\PURCH\SOLICITATIONS\CURRENTBUYER-CMFOLDERS\KATHy\Contracls\C11Q6681-Valley Crest Golf Maintenance\Clll36681 ValJeycrest GC Maintenance Agreement FINAL1 O.l2.2010.doc 2.6.1.3 The soil moisture content on greens, tees and fairWays shall be checked regularly and appropriate adjustments made. Adequate soil moisture shall " be determined by visual observation, plant resiliency, and turgidity, examining cores removed by soil probe, moisture sensing devices and programming irrigation controllers accordingly. 2.6.1.4 The Contractor shall obserVe and note deficiencies occurring from the original design of facilities and review these find ings with the "GSM so necessary improvements can be considered. 2.6.1.5 All" leaking or defective valves, lines, sprinkler heads, and quick cquplers shall be repaired within twenty-four "(24) hours at the expense of the Contractor. A report of such repairs shall be given to the GSM weekly. 2.6.1.6 The Contractor shall turn off all controllers when it is not necessary to irrigate due to adequate rainfall. 2.6.1.7 The Contractor shall monitor reclaimed water and potable water. Reclaimed water shall not exceed 65% and potable water costs shall not exceed $250,000. The Contractor shall notify GSM if these costs exceed $225,000. As conditions dictate GSM may approve additional potable water use. 2.6.1.8. The City acknowledges that the adequacy of water supply and quality cannot be guara~teed for water irrigation purposes and that, after the Effective Date, the City may adopt water usage restrictions and take other measures that could impact the amount of water available for irrigation purposes at the Golf Course. In the event that the City becomes aware of a decrease in the water supply, then the City will inform the Contractor of such occurrence, and the Parties promptly will use reasonable efforts to ascertain the effect, if any, of the decrease in water supply on the standards of maintenance to which the Contractor is required to adhere in t~e performance of the Services. To the extent practicable, the City will endeavor to prioritize water usage in order to cause the least impact to the water supply available to the Golf Course, and the Contractor's obligation to adhere to the standards of maintenance will be evaluated by the City under then prevailing conditions of a decrease in water supply for irrigation purposes. 2.6.2 SYSTEM MAINTENANCE " The Contractor is aware of the current location and general condition of the Golf Course's water irrigation system and accepts the system in its "as-is" "where-is" conditions, and agrees to be fully responsibility for the repair and maintenance of the system. Any required replacements, repairs, and maintenance to existing components of the system to ensure the system remains in operation are the sole responsibility of the Contractor. Appropriate personnel shall be trained in the use of the master 21 " Rev. January 11,2010 S:\ASD\PURCIDSOLICIT ATIONS\CURRENT BUYER-CM FOLDERS\KA THy\Contra cts\Cll136681-Valley Crest Golf Maintenance\Cll136681 Valleycrest OC Maintenance"Agreement FINALI 0.12.201 O.doc irrigation computer. 2.6.2.1 All controllers are to be kept pest-free, clean and visible. All parts and , repairs necessary to maintain the operation are the responsibility of the Contractor. 2.6.2.2 The computer and software (including annual service agreements) necessary to operate and maintain the irrigation control system shall be maintained by the Contractor. The Rainbird Support Agreement, a copy of which shall be made available to the Contractor by the City, shall be kept current by the Contractor at all times during the Term. Computer and Controller information will be properly kept. 2.6.2.3 Any repairs made by the operator shall be made in accordance with the industry stand~rds and conforming to all related codes and regulations. 2.6.2.4 The Contractor shall be responsible for adjusting the t)eight of sprinkler risers necessary'to compensate for growth of plant materials. 2.6.2.5 Automatic controllers and/or enclosures shall be locked while unattended. 2.6.2.6 All controller enclosures must be painted or replaced as needed to maintain a good appearance. 2.6.2.7 Sprinkler heads and valve boxes shall be kept clear of overgrowth which may obstruct m'aximum operation. Missing or broken valve boxes will be replaced by The Contractor. 2.6.2.8 Repairs and/or upgrades made to the irrigation system must be made in accordance with the system's original design with products equal to or higher quality th~n currently provided. 2.6.2.9 The GSM shall be promptly notified of any interruption in water service to the Golf Course. 2.6.2.10 All irrigation repairs and maintenance including, but not limited to, sprinkler heads, piping, fittings, valves, controller boxes, controller supplies, and controller face plates must be performed utilizin'g the same manufacturer and type of product as existing materials. Any change to existing materials must have the prior approval by the GSM. 2.7 ANIMAL AND RODENT CONTROL The Contractor shall continuously, at a minimum on a weekly basis; control and eradicate rodents and other animal pests as necessary to prevent hazards, holes and destruction of plantings on golf course property in accordance with the Golf Course IPM Plan which will be 22 Rev. January 11.2010 S :\ASD\PURCH\SOLICrr A TIONS\CURRENT BUYER-CM FOLDERS\KA THY\Contra cts\Cll136681-Valley Crest Golf Maintenance\Cll13668l Valleycrest GC Maintenance Agreement FINALl0.12.20l0.doc drafted annually and following specifications for rodent control. Damage to public or private property due to"erosion "as a result of rodent activity shall" be repaired at the Contractor's expense. The Contractor will use reasonable" efforts to several times daily remove the geese from the Golf Course. The Contractor shall contact the Palo Alto Airport Tower for their approval whenever there are attempts to remove the geese from the Golf Course. Goose guano shall be cleaned on an as­ needed basis on the Tees, Greens, Approaches, Fairways, and Cart Paths, using best management practices. 2.8 WEED CONTROL OF PAVED SURFACES The Contractor shall control all weeds growing in cracks, expansion joints and other hard surfaces by the use of mechanical weed control or with limited use of chemicals in accordance with the Golf Course IPM Plan. 2.9 WEED CONTROL IN LANDSCAPE AREAS Weed control in landscaped areas shall be accomplished by mulching and the use of mechanical weed eradication. 2.10 STRING TRIMMERS Care shall be exercised with regard to the use of string trimmers to prevent damage to building surfaces, walls, header board, light fixtures, signage, etc. A minimum of 12" bare soil or mulched buffer zone shall be maintained around the circumference at the base of all trees in I"andscaped areas. 2.11 GREENS Maintain all turf in accordance with playability and industry wide standards as determined by the GSM, observing the following minimum " requirements: 2.11.1 Greens shall be mowed daily in the s!Jmmer (March 1 -o.ctober 31) and a minimum ofthree (3) times per week during the winter (November 1 - February 28) with an approved greens reel type mower at a height of 130 or as recommended by the superintendent and approved by the GSM. Frequencies and height of cut may be modified from time to time as deemed necessary by the golf course superintendent with the prior approval of the GSM. All grass clippings must be" collected and removed from the site during each mowing operation, including dispersed in a method to prevent unplayable conditions. Greens must be mowed, and rolled if performed, prior to first golfer of day reaching each respective green, including the putting green. Care will be given on clean-up lap mowing to reduce turf loss and playability. 23 Rev. January 1l.2010 S;\ASD\PURCIDSOLICIT ATIONS\CURRENT BUYER-CM FOLDERS\KATHY\Conlra cts\ClI136681-Valley Crest Golf Maintenance\Cll13668l Valleycrest GC Maintenance Agreement FINALl 0.12.20 IO.doc 2.11.2 Ball cups are to be relocated daily to USGA Standards to enable worn turf spots to recover. Putting green cups to be changed every other day. Hole positions will be rotated using front, middle, and back locations for each three hole sequence. Pin placement shall be in healthy turf area according to rotation plan. Hole plugs set at proper grade. 2.11.3 Verticutting of greens shall be scheduled bi-weekly or more including double verticutting during periods of active turf growth. Each verticutting shall be at 90 degrees to the previous cut. Verticutting activities should match the agronomic requirements of plant growth. This function shall be coordinated to compliment the aerification and topdressing schedules. Combing or brushing may also be done. Verticut depth should be . appropriate to playing conditions and agronomic needs. If play conditions are such that greens are not smooth for ball roll (bumpy), the Contractor shall utilize verticutting and 'other agronomic 'methods to improve golf ball roll. 2.11.4 Aerify greens at least two (2) times per year in spring, either March or April, and fall, either September or October, or more frequently if needed. Plugs will be removed the same day. Aerification shall be carried out with a minimum of interference to play. Aerification shall be scheduled at least 6 months in advance with the GSM and golf professional. All aerification hole sizes with a minimum of 5/8 inch hollow tine utilized, and spoil locations shall be pre-approved by the GSM. Aerification holes shall penetrate to a depth of three inches. Care should be taken to have as minimal disturbance to green surface from manual and eqUipment applications during aerification process. Aerification of greens for agronomic purposes, other than annual regularly scheduled aerifications, shall be reviewed and scheduled with the golf professional and GSM to reduce golfer impact. 2.11.5 Following all annual regularly scheduled aerifications, 'a topdressing sand material approved by the GSM shall be applied and brushed into the turf . with follow applications performed as needed. Application shall be done'; with an approved topdressing spreader or blown in with walking blowers. Spot topdressing may be applied to repair damage from ball marks or any other damage. Light topdressing will be done every two weeks during the active growth season to maintain turf playability and agronomic conditions. Turf irrigation requirements shall be adjusted during process to ensure proper agronomic conditions are met. 2.11.6 The Contractor shall have the soil analyzed after the start of the term of the contract and once every year thereafter on dates preapproved by the GSM. Apply fertilizer and nutrients in the quantity and type recommended by soil analysis and growing conditions at the time of treatment and in a manner to provide uniform growth of turf. Under normal conditions, 0.5 to 1.2 pounds of actual nitrogen per thousand 24 Rev. January 11,2010 S:\ASD\PURCH\SOLICITA TIONS\CURRENT BUYER·CM FOLDERS\KATHy\Conlra cts\CI1136681-Valley Crest Golf Maintenance\Cl1136681 Valleycrest GC Maintenance Agreement FINAL I 0.12.2010.doc square feet shall be applied per growing month. Typically, a variety of granular slow release types of material or liquid sprayable fertilizer may be utilized. Use of materials to control salt damage and water infiltration shall be applied to meet the requirements of the turf and playable conditions. Fertilizer shall be applied every 3-4 weeks during the active growing season and every five (5) weeks for the remainder of the year. 2.11.7 Treat greens with proper chemicals to control insects, disease, weeds and other pests in conformance with the City's IPM Plan. 2.11.8 Greens shall be kept free of non-native and/or invasive grasses and/or broadleaf weeds that tend to creep in from the edges. A threshold level of 0-2% has been set for weeds and disease: Insect threshold has been set at 0-5%. No foreign grass encroachment from collars. 2.11.·9 EC readings should be taken during spring and fall to determine salts levels and if they are above normal, corrective action taken to reduce to appropriate levels to promote optimum health of the turf. 2.11.10 Green speed should be consistent daily on all greens with the difference between the lowest green speed and the highest green speed no more than one (1) foot in variance on the stimp meter through out golf course. G'reen speeds should be no lower than 8 feet in average daily during the months of May, June, July, August, September, and October, and no lower than 8 feet 6 inches daily for the other months. Green speeds should be maintained as high as agronomic conditions and play conditions allow. 2.11.11 Debris from trees shall be cleared prior to mowing and .during day as needed, no standing water or severe turf loss areas, pest and vandal damage to be repaired, and bare and stressed areas sodded or plugged to ensure quality playing conditions. 2.11.12 Ball marks shall b~ repaired daily. 2.12 COLLARS, APPROACH, BANKS AND GREEN SURROUNDS Maintain all turf in accordance with playability and industry wide standards as determined by the GSM observing the following minimum requirements: 2.12.1 Collars shall be mowed a minimum of two (2) times each week during the summer (March 1 -October 31) and one (1) to two (2) times each week during the winter to (November 1 -February. 28) maintain a height of % . inch, mowing with a triplex mower. 2.12.2 Green surrounds shall be mowed a minimum of two (2) times each week in the summer (March 1 -October 31) and one (1) to two (2) times per week in the winter (November 1 -February 28) to maintain a height of 1 25 Rev. January 11,2010 S:\ASD\PURCH\SOLICITATIONS\CURRENTBUYER-CMFOLDERS\KATHY\Contracts\C11136681-Valley Crest Golf Maintenance\Cll136681 Valleycrest GC Maintenance Agreement FINALI 0.12.20 1 O.doc inch to 1-114' inches or a height as recommended by the Superintendent and approved by the GSM. If a rotary mower is" used, it shall be specifically designed to prevent scalping of the turf. 2.12.3 Fertilization frequency, types of material, and analysis shall be determined from results of annual soil nutrient level testing and growing conditions at the time of treatment. Under normal conditions, 0.50 to 0.75 pounds of actual nitrog"en per thousand square feet shall be applied every 6-8 weeks duririg the active growth season and every 8-10 weeks for the remainder of the year. Typically combinations of granular slow release . typ.e of materials may be utilized. . 2.12.4 Mowing directions should be changed to prevent turf depressions and turf loss. 2.12.5 Approach shall be mowed a minimum of two (2) to three (3) times each week in summer (March 1 -October 31) and one (1) to two (2) times per week in the winter (November 1 -" February 28) to maintain a height of % inch or a height as recommended by the superintendent and approved by the GSM, cut with a greens-type triplex mower. 2.12.6 Grass clippings shall be removed and dispersed properly to avoid affecting golf play. " 2.12.7 Bunker banks shall"be mowed to ensure no rutting occurs and proper turf heights are maintained. If rutting occurs, areas shall be sodded for repair. 2.12.8 Verticutting shall be performed at least two (2) times per year. All other provisions of section 2.11.3 shall be followed . . 2.12.9 Aerify at least two (2) times per year in spring and fall, or more freqLiently if needed, and remove plugs the same day. Aerification shall be carried out with a minimum of interference to play. Aerification shall be scheduled each year for the following year in :conjunction with the GSM and golf professional. All aerification hole sizes, with a minimum of 5/8 inch hollow tine utilized, and spoil locations shall be pre-approved by the GSM. Aerification holes shall penetrate to a depth of three inches. Care should be taken to have as minimal disturbance to the turf surface from manual and equipment applications during aerification process. Aerification for . agronomic purposes other than annual regularly. scheduled aerifications shall be reviewed and scheduled with the golf professional to reduce golfer impact. 2.12.10 Following all annual regularly scheduled aerifications, a topdressing sand material approved by the GSM shall be applied as needed. Application shall be done with an approved topdressing spreader. Turf irrigation requirements shall be adjusted during process to ensure proper agronomic conditions are met. 26 Rev. January 11,2010 S;\ASD\PURCH\SOLICITATIONS\CURRENT BUYER-CM FOLDERS\KA1J-Iy\Contra cts\CI1136681-Valley Crest Golf Maintenance\Cll136681 Valleycrest GC Maintenance Agreement FINALI0.12.201 O.doc 2.13 TEE MAINTENANCE Maintain all turf in accordance with playability and industry-wide standards as determined by the GSM observing the following minimum requirements: 2.13.1 Service tees daily by moving tee markers, removing trash and checking benches and ball washers. Change tee towels and water weekly and . keep ball washers filled to proper level with wate(andappropriate cleaning agent. Tee markers shall be moved daily to healthy turf areas, placed at appropriate direction to play. Tee markers placed in healthy areas with tee markers .set flat to ground and direction of play .• 2.13.2 Mow tees two (2) times weekly in the summer (March 1 -Octob~r 31) and one (1) to two (2) times weekly in the winter (November 1 -February 28) with reel type mower, with baskets, at height of 112 inch or a height as recommended by the superintendent and approved by the GSM. All grass clippings will be collected and dispersed properly for playable conditions. 2.13.3 Aerify and topdress tees, with sand and mulch pre-approved by the GSM, at least two (2) times per year, or more frequently if needed, using the appropriate equipment with the minimum of inte'rference to play. Aerification shall be carried out with a minimum of interference to play and plugs removed the same day. Aerification shall be in conjunction with the golf professional and the GSM. All aerification hole sizes, with a minimum of 518 inch utilized, and spoil locations shall be pre-approved by the GSM. Care should be taken to have as minimal disturbance to tee surface from manual and equipment applications during aerification process. Bare areas sodded and leveled. 2.13.4 Fertilization frequency, materials and analysis shall be determined·from results of annual soil nutrient level testing and growing conditions at the time of treatment. Under normal conditions, 0.50 to 0.75 pounds of actual nitrogen 'per thousand square feet shall be applied every 6-8 weeks during the active growth season and every 8-10 weeks during the remainder of the year. Typically combinations of granular slow release type of materials may be utilized. 2.13.5 Repair worn and damaged turf areas as they occur by topdressing. overseeding or resoddingto ensure playability at all times. No standing water or mud holes and pest and vandal damage repaired. . 2.13.6 Tees shall be overseeded, with approved perennial rye seed by the GSM, following aerification and before topdressing at a rate of 9 Ibs. per thousand square feet of tee area. 2.13.7 Treat tees for control of insects, disease, weeds and other pests as necessary to maintain healthy turf. All treatments shall be in compliance 27 Rev. January 11,2010 S:\ASD\PURCH\SOLICITATIONS\CURRENT BUYER-CM FOLDERS\KATHY\Contra cts\Cll136681-Valley Crest Golf Maintenance\Cll13668l Valleycrest GC Maintenance Agreement FINAL! O.12.2010.doc with the City's IPM Plan. A threshold level of 25% has been set for weeds and disease. Insect threshold is 33%. Spot spraying by location basis only when thresholds are exceeded. 2.13.8 Trash receptacles are to be' emptied daily. 2.13.9 A sand and seed container, approved by the GSM, must be available on all Par 3.holes, for use in repairing divots. A container must be set at each respective set of tee markers for each hole. Tee divots shall be filled with sand and seed at a minimum of once per week on all holes and twice per week on Par 3 holes. 2.13.10 Sufficient scorecard and pencil supplies shall be kept in stock at the scorecard station betwe~n the No. 1 green and the No.2 tee. 2.13.11 Tee yardag.e plaques, stations and signs shall be maintained and edged at all times. 2.13.12 Tee station items, such as markers·, signs, trash cans, ball washers, etc. shall be in good condition and repaired or replaced as needed. All tee station equipment cleaned and painted and ball washers operational. 2.13.13 Recycle trash containers shall be utilized and all recyclable glass, paper, plastic, aluminum and other recyclable material shall be collected arid turned into appropriate recycle centers. 2.14 FAIRWAY MAINTENANCE Maintain all fairways in. accordance with playability arid industry wide standards as determined by the GSM, observing the following minimum requirements: 2.14.1 Mow fairways two (2) times weekly in the summer (March 1 -October 31) and one (1) to two (2) times weekly in the winter (November 1 -February 28) at height of 5/8 inch or at a height as recommended by the superintendent and approved by GSM. 2.14.2 Aerify all fairways at least one (1) time a year. The equipment used to aerify the fairways shall be Power Take-Off (PTO) or self engine powered to enable a three (3) to five (5) inch coring depth (John Deere2000 . Aercore Aerator or equivalent) utilizing hollow coring, with a minimum of 3/4 inch hollow tine, as recommended by the superintendent and . . approved by the GSM and cores shall be removed from the fairways. Aerification shall be scheduled in conjunction with the golf professional and. the GSM. All aerification hole sizes and spoil locations shall be preapproved by the GSM. Care should be taken to have as minimal disturbance to turf surface from manual and equipment applications during aerification process. Slicing of the fairways at various intervals is 28 Rev. January 11,2010. S:\ASD\PURCH\SOLICITATIONS\CURRENT BUYER-CM FOLDERS\KA THy\Conlra cts\CII136681-Valley Crest Golf Maintenance\C 11l3668l Valleycrest GC Maintenance Agreement FINALl O.l2.20l0.doc recommended to promote turf growth, improve water infiltration, and improve salt damage. . 2.14.30verseed all fairways.once per year, in fall and at a preapproved date with the GSM and golf professional, with perenial rye grass, pre-approved by the GSM, at a minimum rate of 400 Ibs. per acre. All seed shall be slit seeded into the soil to ensure adequate soil and seed contact. A post seed application offertilizer (15-15:-15 or equivalent) shall be applied with four (4) weeks of the overseed process at a rate of one (1) Ib per thousand of nitrogen. Overseed andtopdress (or re-sod) of worn or bare areas of fairways as necessary. 2.14.4 Treat turf to control weeds, invasive grasses (Le. Kikuyu), diseases, insects, and other pests as necessary to maintain fairway threshold level. A threshold level of 35% for weeds, 50% for disease and 40% for insects has been set. Spot spraying by location basis as needed when thresholds are exceeded. All treatments shall be in compliance with the IPM Plan. 2.14.5 A proper fertilizing and nutrient program shall be performed per soil testing recommendations each calendar year. Fertilization shall be performed a minimum of every 8-10 weeks during the active growth season and every 10-12 week during the remainder of the year. 2.14.6 Policing to control litter shall be done on a regular basis for the removal of all paper, leaves, cans, bottles, tree branches, etc. 2.14.7 Excessive turf clippings shall be dispersed by a method of dragging, baskets, vacuumed or blown to ensure proper playable conditions are· provided. Grounds under repair painted with appropriate white turf paint and roped off neatly and consistently throughout the golf course. Grounds under repair include those under repair by the Contractor and those areas where turf is at a level that is not consistent with other associated turf areas. Yardage markers and sprinkler head yardage markers in place and maintained. Cart traffic management devices in place; bare or stressed areas properly addressed. No standing water or mud holes. Pest and vandal damage repaired. 2.14.8 Excessive turf clippings shall be dispersed by a method of dragging, baskets, vacuumed or blown to ensure proper playable conditions are provided. Grounds·under repair painted with appropriate white turf paint and roped off neatly and consistently throughout the golf course. Grounds under repair include those under repair by the Contractor and those areas where turf is at a level that is not consistent with other associated turf areas. Yardage markers and sprinkler head yardage markers in place and maintained. Cart traffic management devices in place; bare qr stressed areas properly addressed. No standing water or mud holes. Pest and vandal damage repaired. 29 Rev. January 11,2010 S:\ASD\PURCHISOLICITA TIONS\CURRENT BUYER-CM FOLDERS\KA TIfY\Contra cts\Cl i 136681-Valley Crest Golf MaintenancelCll136681 Valleycrest GC Maintenance Agreement FINAL I 0.12.201 O.doc 2.15 ROUGHS MAINTENANCE Maintain all turf in accordance with playability and industry wide' standards as determined by the GSM, observing the following minimum standards: 2.15.1 Mow one (1) time per week in the summer.(March 1 -October '31) and at least biweekly during the winter (November 1 -February 28) at ~ height of . 1-1/2 inches or a height as recommended by the superintendent and approved by the GSM. . 2.15.2 Rodent control and repair as needed, All rodent control shall be in compliance with the IPM Plan. Pest and vandal damage repaired. 2.15.3 Overseed and topdress (or resod) worn or bare turf areas as necessary. 2.15.4 Fertilization frequency, materials and analysis shall be determined from results of biannual soil nutrient level testing and growing conditions at the time of treatment. Fertilization shall be performed a minimum of every 8- . 10 weeks during the active growth season and every 10-12 week period during the remainder of the year. 2.15.5 Treat turf to control we~ds, disease, insects and other pests as necessary to maintain rough threshold. All treatments shall be in compliance with the IPM Plan: A threshold level of 100% for insects and disease. Weed threshold has been set at 50%. Spot treatment by location basis only when'thresholds are exceeded. 2.15.6 Grounds under repair painted with appropriate white turf paint and roped off neatly and consistently throughout the golf cou·rse. Grounds under repair include those under repair by the' Contractor and those areas where turf is at a level that is not consistent with other associated turf areas. No standing water or mud holes, hazards properly marked, and free of debris that affects play. 2.16 OTHER TURF AND MAINTENANCE AREAS These areas consist of areas not detailed above, 2.16.1 All debris such as litter and branches shall be removed from the course daily. 2.16.2 All yardage, course markers, ropes and stakes, and signage shall be straight and damage free, and repaired and replaced as needed. 2.16.3 Any item that is a safety hazard shall.be repaired or replaced immediately, 2.16.4 The Contractor shall submit annually to the GSM a written report for the preceding .12 months detailing annual fertilizer, pesticide, fungicide and 30 Rev. January 11,2010 S:\ASD\PURCH\SOLICIT A TIONS\CURRENT BUYER-CM FOLDERS\KA THY\Contra cts\CII1366IH -Valley Crest Golf Maintenance\CII 136681 Valleycrest OC Maintenance Agreement FlNALlO.12.2010.doc other related applications for the golf course. The report will conform to the requirements of the IPM Plan. 2.16.5 The Contractor shall flush drainage inlets once a year. 2.16.6 The Contractor shall utilize wood chipping machinery to produce wood chips from tree pruning and care. Wood chips may be spread throughout golf course in preapproved areas by the GSM. No permanent dumping of course debris such as branches, wood stumps, etc. is approved on the property. The Contractor is responsible for costs associated with any removal of debris. Any other course-generated debris such as earthen spoils shall be dispersed at locations and with methods preapproved by the GSM. 2.16.7 Turf areas surrounding the clubhouse shall be mowed one (1) time per . week at a height of 1-1/4 inches .. 2.16.8 The Contractor shall provide, at its sole expense, an effective goose control program to mitigate goose activities, including, but not limited to, the use of control dogs, motorized hand controlled boats, noise makers, and other methods. 2.17 SAND BUNKERS 2.17.1 Sand bunkers shall be cleaned and raked by mechanical method or by hand a minimum of three (3) times per week with Fridays being one of the three days. No eXCeSS sand buildup on high side. 2.17.2 Sand depth shall be randomly checked monthly for depth of sand and shall be maintained no less than four inches (4") deep. Additional sand will be added at the Contractor's expense. 2.17.3 Turf shall be mechanically edged along sand bunker edges monthly, or more frequently if required, to ensure a neat appearance. Care shall be taken to maintain the design outline of the bunkers to insure the integrity of the bunker shape. Bunkers should have 1" lip on lower side. Chemical control of sand edges through use of a non-selective herbicide or growth regulator around sand bunkers shall be allowed with preapproval of GSM. 2.17.4 Excess sand in the turf surrounding the trap shall be removed on a regular basis. 2.17.5 A minimum of two (2) to five (5) rakes are to be available, depending on bunker size, at all sand bunkers at all times. Rakes properly maintained. (Color and style are subject to GSM approval.) 2.17.6 Bunker sand shall be cultivated as needed, or at a minimum of once per . month, to ensure sand is not compacted. Methods should be used to not 31 Rev. January 11,2010 S:\ASD\PURCmsOLICIT ATIONS\CURRENT BUYER-CM FOLDERS\KA THY\Contra c!s\Cl I 136681 -Valley Crest Golf Maintenance\CII136681 Valleycrest GC Maintenance Agreement FINAL I 0.12.20 I O.doc disturb existing soil below the sand. 2.17~ 7 All debris such as pine needles and cones, branches and other debris shall be removed as needed to ensure playable conditions and redu~e sand contamination. No animal boroughs. ·2.17.8 Excessive water ponding and silt accumulated by rain falls· and irrigation applications shall be removed prior to bunker raking. 2.18 CLUBHOUSE AREAS 2.18.1 SHRUB BEDS 2.18.1.1 Clean-up shall occur on a regular basis to ensure that beds are kept· free of trash and debris such as paper, cans and bottles, fallen branches, excessive leaves and weeds. Mulch in proper areas, beds ! to be weed free, properly trimmed, and watered properly; not overly dry or wet. 2.18.1.2 A fertilizer program shaH be a minimum of three (3) applications per year or as needed for health and color. , 2.18.1.3 . Spent flowers, leaves, dead or diseased plants, and other landscape debris shall be removed from plant areas daily, or as required. Flowers changed by schedule or as needed. 2.18.2 SEASONAL COLOR BEDS 2.18.2.1 Annual flowers in place and healthy and missing plants replaced in kind and number. All color beds shall be regularly cleared of paper, bottles and cans, fallen branches, excessive leaves and weeds. 2.18.2.2 Weed control shall be accomplished by hand weeding, mulching, by the use of mechanical equipment or by the selective use of herbicides. A prescribed pest control spray program may be done as often as necessary for pest control in accordance with the IPM Plan. 2.18.2.3 Beds shall be cultivated by mechanical means on a. regular basis or as required, or as directed by the GSM. 2.18.2.4 Color plants shall be replaced a minimum of twice annually and shall be performed on a schedule submitted to and approved by the GSM. The replacement plants shall be 4-inch potted size spaced per industry standards and planted with the appropriate soil amendments. 2.18.3 PERIPHERY AREAS (Including the Planted Traffic Island on Embarcadero Way) 32 Rev. January 11,2010 S:\ASD\PURCH\SOLIClTATIONS\CURRENT BUYER-CM FOLDERS\KATHy\Contra cts\ClI136681-Valley Crest Golf Maintenance\Cl1I36681 Valleycrest GC Maintenance Agreement FINALIO.l2,2010,doc 2.18.3.1 All periphery areas shall be maintained in a manner consistent to industry standards to ensure a healthy and aesthetically pleasing appearance at all times. 2.18.3.2 Areas shall be mowed, weeded, cleared of litter and other debris on a regular basis (a minimum of once per week). Watering should occur if the area is covered by the irrigation system. 2.18.3.3 Special attention shall be given to periphery areas adjacent to public roadways since these areas are highly visible to the general public and constitute a "first impression" of the overall service level of the course: . 2.18.3.4 All areas are to be inspected for erosion problems and repaired as needed. 2.19 PARKING LOTS 2.19.1 Parking lots shall be maintained in a safe condition for use by both vehiCles and pedestrians, and Cleaned each day to ensure.a clean, crisp. appearance free from litter, debris, ano weeds including all landscaped planters on or adjacent to the lots (including the traffic island on Embarcadero Way near the primary entrance to the Golf Course) .. 2.19.2 All parking lot lighting shall be inspected daily and repaired as needed or reported to the City's PW Facilities Maintenance Division. 2.19.3 "Disabled Parking" signage and other signage shall be rllaintained in accordance with all City, County, and State regulations. 2.19.4 All parking lot signage shall remain in place, maintained and readable. 2.19.5 Parking lot asphalt shall be inspected daily by the Contractor. The City's PW Facility Maintenance Division shall be called for the performance of repairs .. The lots shall be generally ·maintained free of debris, litter, leaves, and trimmings. The Contractor shall inspect and clean the lots daily. 2.20 GRAFFITI. 2.20.1 The Golf Course shall be inspected daily for evidence of graffiti. Special attention shall be given to restrooms, signs, markers, block walls, curbing, paving, tees, utility poles/boxes and/or any other structures or fixtures. 2.20.2 All graffiti shall be removed within twenty-four (24) hours of detection. 2.20.3 Graffiti requiring paint over shall be painted over with a color consistent with ·that of the original surface. 2.20.4 Graffiti on non-painted surfaces shall be removed by sand or water blasting and area returned to the preexisting condition. 33 Rev. January 11,2010 S:\ASD\PURCH\SOLICIT ATIONS\CURRENT BUYER-eM FOLDERS\KATHY\Contra cts\CII136681-Valley Crest Golf Maintenance\Cl1136681 Valleycrest GC Maintenance Agreement FINALIO.12.2010.doc 2.21 CART PATH/STEPS/RAMPSIWALKWAYSI BREEZEWAY 2.21.1 Cart paths to be swept or blown clear of debris every Friday or more often as needed. No standing water. 2.21.2 Concrete paths to be edged and scraped clean a minimum of one (1) time per month or as needed. Cart paths weed. free. See IPM Plan. 2.21.3 The Contractor shall identify all potholes and/or other surface damage or defects on concrete cart paths and report to the City for repair. If damage is the fault of the Contractor the repair cost will be the responsibility of the Contractor. Base Rock utility roads on holes #9, #12, and #13 will be graded smooth weekly. Additional base rock added as needed at the expense of the Contractor. 2.22 RE'STROOMS AT HOLE #5 2.22.1 Inspected daily by the Contractor, clean and stocked daily by the City's PW Facility Maintenance Division . . 2.22.2 Inspected daily by the Contractor, sinks, toilets, walls, screens, and floors shall be sanitized daily by the City's PW Facility Maintenance Division. 2.22.3. Paper supplies shall be checked and restocked daily or as needed. 2.22.4 Inspected daily by the Contractor for odor and operation. PW will be contacted for corrections and repairs. 2.22.5 Leaking or malfunctioning fixtures shall be reported to the City's PW Facility Maintenance Division immediately upon detection. 2.22.6 Lighting fixtures are to be checked daily with repairs of faulty fixtures provided as needed at time of detection. The City's PW Facility Maintenance Division will be contacted for repairs. 2.22.7Restroom floors which are wet for any reason, including mopping, shall be so indicated with proper temporary signage. 2.22.8 No graffiti. The Contractor will inspect daily and contact the City's PW Facility Maintenance Division for graffiti removal. 2.22.9 No worn spots in concrete, wood walls, or corrugated fiberglass barriers. The City's PW Facility Maintenance Division will be contacted for repairs .. 2.23 MAINTENANCE FACILITIES 2.23.1 To the extent not otherwise addressed in Section Z of this Agreement, the 34 Rev. January 11,2010 S:\ASD\PURCH\SOLICITATIONS\CURRENT BUYER-CM FOLDERS\KATHY\Contra cts\CI1136681-Valley Crest Golf Maintenance\Cll136681 Valleycrest GC Maintenance Agreement FINAL I 0.12.201 O.doc City shall make available for use by the Contractor, at no charge to . . the Contractor, the Site and Facilities for the storage Qf golf courseMrelated equipment, materials and/or supplies. The Facilities will be available to the Contractor on an "as is" basis. The Contractor will conform its use of the Facilities to all applicable laws, rules and regulations regarding the storage of materials on the City's premises, including, but not limited to, the .storage of hazardous, toxi·c or flammable materials. The City assumes no responsibility for any theft, . destruction or damage to the Contractor'.s personal property that is stored at the Facilities. The Contractor will return the facility to the City in its original condition as of the date of commencement of the contract between the City and the Contractor, normal wear and tear excepted. 2.23.1.1 Permitted Usage: The Contractor may use the Site and the Facilities . for the following uses: Storage, Files, Office area or other similar uses. The Facility may not be used for any other purposes without the City Manager or designee's prior written consent, which may be granted or denied at the City's sole discretion. 2.23.1.2 Prohibited Uses. The Contractor shall not use the Site and the Facilities for any purpose not expre~sly permitted hereunder. The Contractor shall not create,. cause, maintain or permit any nuisance or waste in, on, or about the Site or the Facilities, or permit or allow the Site or the Facilities to be used for any unlawful or immoral purpose. The Contractor shall not do or permit to be done anything in any manner which unreasonably disturbs the users of the City's property or the occupants of . neighboring property. Specifically, and without limiting the .. above, the Contractor shall not cause the emanation of any foul odor or excessively loud noise,·vibration, power emission, or other item to emanate from the Site or the Facilities. No materials or articles of any nature shall be stored outside of or upon any portion of the Site or the Facilities. The Contractor will riot use the Site or the Facilities in a manner that will increase the risk of fire, cost of fire insurance or improvements thereon. No unreasonable sign or placard shall be painted·, inscribed or placed in, on or about the Site or the Facilities and no tree or shrub thereon shall be destroyed or removed or qther waste committed at the Site or the Facilities. No bicycles, motorcycles, automobiles or other mechanical means of transportation shall be placed in stored facilities at the Site, except for the garage or driveway. No repair, overhaul or modification of any motor vehicle shall take place in the Facilities or the surrounding property or the street in front of Facilities. The Contractor, at its sole cost and expense, shall keep the Site and -the Facilities in as good as the condition as of the Effective Date, excepting damage resulting from ordinary 35 . Rev. January 11,2010 S:\ASD\PURCH\SOLICITATIONS\CURRENT BUYER·CM FOLDERS\KATHy\Contra cts\CI1 136681-Val1ey Crest Golf Maintenance\Cll136681 Valleycrest GC Maintenance Agreement FINALIO.l2.2010.doc wear and tear, and except damage to the roof, sidewalks and underground plumbing, which is not the fault of the Contractor. 2.23.1.3 Condition, Use of Premises. The Contractor acknowledges that it has conducted a physical inspe,ction of the Site and the Facilities prior to executing this Agreement. In that regard, the City makes no warranty or representation of any kind concerning the condition of the Site or the Facilities, or the fitness of the Facility for the use intended by the Contractor, and hereby disclaims any personal knowledge with respect thereto, itbeing expressly understood by the parties that the Contractor has personally inspected the Facility, knows its condition, finds it fit for the Contractor's intended use, accepts it as is, and has, ascertained that it can be used exclusively for the limited , purposes as have been specified in Section 2.23.1.1. 2.23.2 The Facilities shall be kept clean and neat at all times with all material inventories and supplies stored in a manner in keeping with CAL-OSHA regulations, the City's Fire Department regulations, and all City, County and State regulations. Fire extinguishers must be operational and inspected by the Fire Department. , 2.23.3 Maintenance buildings and surrounds inspected daily. Report needed repairs to GSM within 24hrs. 2.23.4 The Site shall be locked or otherwise secured when unattended to , discourage unauthorized entry. 2.23.5 Office and lunchroom floors are to be vacuumed or swept five times per week and mopped at least once a month at the Contractor's expense. 2.23.6 Rain gutters shall be kept clear of debris and cleaned a minimum of once per year prior to fall rainfall period at the Contractor's expense. 2.23.7 Any security system shall be maintained and utilized at the Contractor's expense. 2.23.8 The Facilities shall be maintained by performing required daily, monthly and annual maintenance of garage doors, inside and outside doors, inside and outside windows, air conditioning or heater unit, lighting, shelving, etc. All repairs to such facility are the responsibility of the Contractor. The City shall be responsible for roof repairs and repairs to the external surfaces of the building structures. The Contractor shall obtain and be responsible for quarterly service to airconditioner and heating unit, and any subsequent repair or service costs, and shall supply copy of written agreement to the GSM. 2.23.9 All facility and associated Golf Course maintenance utility costs are the 36 Rev. January 11,2010 S;\ASD\PURCH\SOLICIT A TIONS\CURRENT BUYER-CM FOLDERS\KA THY\Contra cts\C11136681-Valley Crest Golf Maintenance\C11136681 Valleycrest GC Maintenance Agreement FINAL10.12.2010.doc responsibility of the Contractor, including telephone, gas, potable water, sewer, and trash, except as otherwise agreed to, in writing, by the City .. The City will provide electrical service to the Site and the Facilities without an additional charge to the Contractor in excess of the compensation payable under Section 5 and Exhibit "C". 2.23.10 Adherence to all City, County, and State regulations for proper storage and disposal of materials is required. 2.24 CLUBHOUSE AND FACILITY LIGHTING All lighting systems shall be inspected by the Contractor on a regular basis for faulty bulbs, fixtures or other malfunctions repaired and/or replaced as needed by the City's PW Facility Maintenance Division. 2.24.1 Walkways, breezeway, surroundings, ramps, driving range walkway and tees cleaned of litter, dirt, and landscape debris daily. All garbage containers at clubhouse and surrounding area must be emptied daily. 2.24.2 Exterior lighting working and scheduled properly. Report needed repairs to the City's PW Facility Maintenance Division. 2.24.3 All signage accurate and readable. 2.24.4 A threshold of 50% has been set for disease and weeds 60% for insects . . Spot spraying by location basis only when thresholds are exceeded. Any use of pesticides must conform to the IPM policies and procedures. 2.25 NETS/FENCES/GATES 2.25.1 The Contractor will be responsible for net repair and material costs on . holes 3,6,10, and Driving Range. 2.25.2 All fences and gates shall be inspected regularly with repairs made as needed to ensure a safe, secure and aesthetically pleasing condition at all times, no holes in fences. Repairs and materials are the responsibility of the Contractor. 2.26 POND MAINTENANCE 2.26.1 Algae and cattail control program shall be maintained as approved by the GSM. 2.26.2 Pond shall be inspected daily with all visible litter/trash removed upon detection. 2.26.3 Pond water levels shall be maintained to ensure bank stability and aesthetic. 37 Rev. January 11,2010 S:\ASD\PURCH\sOLICITATIONS\CURRENT BUYER·CM FOLDERS\KA THY\Contra cts\CII136681· Valley Crest Golf Maintenance\CI1136681 ValJeycrest GC Maintenance Agreement FINALlO.12.2010.doc 2.26.4 Properly marked as water hazard .. 2.26.5 A threshold of 25% on Aquatic weeds. 2.27 CONSTRUCTION ANDIOR REMODELING OF GOLF COURSE Any and all changes in the physical characteristics of any portion of the course or structures such as aqdition or removal of sand traps; trees, water hazards, native vegetation or other features shall require prior approval by the GSM. The Contractor will be paid for time and-materials for any golf course renovat!on or construction work not listed in this scope of work.' Quotes will be submitted to the GSM for approval with itemized list of individual job classifications, their time and hourly rate expense. (Complete Table 3,' Attachment C-1). Material will also be added along with any. other expenses to complete the Project. Time and Material rates to be included within bid proposal. (Include on Attachment C-1; Table 3, Schedule of Rates) . 2.28 PRACTICE AREA I DRIVING RANGE MAINTENANCE 2.28.1 Turf shall be mowed weekly or as required at agreed-upon height by the .' GSM. . 2 •. 28.2 General turf maintenance shall conform to procedures outlined in Sections 2.11/Greens, 2. 13/Tee Maintenance, and 2.15/Roughs Maintenance. 2.28.3 All Artificial Turf will be inspected weekly and repaired at the designated Range closure time which is 5:00am -8:30 am every Thursday or at a time which is approved by the Pro Shop Manager. 2.28.4 Light topdressing will be done once annually followed by brushing to maintain integrity of Artificial' Turf. Supplemental brushing required every 6 months. 2.28.5 Practice Bunker will have at least 4 inches of sand and kept trimmed and edged. Bunker edges that are raised due to excessive sand build up will be lowered by the Contractor when they reach one and a half feet over original grade. Practice Bunker will be raked daily. 2.29 EXTERIOR OF THE CLUBHOUSE, RESTROOM BUILDINGS, and STORAGE FACILITY 38 Rev. January 11,2010 S:\ASD\PURCH\SOLICIT ATIONS\CURRENT BUYER-CM FOLDERS\KA THY\Contra cts\Cll136681-Valley Crest Golf Maintenance\CII136681 VaIleycrest GC Maintenance Agreement FINALIO.l22010.doc The City will be responsible for the repairs and maintenance of the building . exteriors and interiors of the Clubhouse, Restrooms and Storage Facility . . 2.30 GOLF COURSE WETLAND AREAS Wetland areas shall not be disturbed by vehicular traffic, fertilizers, pesticides and equipment. Litter and debris must be removed daily. Wetland signage must be clean, readable and placed along both sides of Wetlands. Replacements 9f all signage will the responsibility of the Contractor. V. GENERAL CONDITIONS A. Permits/Parking The Contractor shall be issued a free maintenance permit from the City's Department of Transportation. This will allow the Contractor's crews to use City parking facilities at no charge during the term of this contract and only while dOing landscape maintenance work for the City's Open Space and Parks Division. B. Payments and Inspection Payment will be made for work satisfactorily completed as called for in this contract. The City's Representative shall inspect and notify the Contractor· of any unsatisfactory work. Unsatisfactory work shall be corrected within 24 hours. The Contractor or the Contractor's representative shall. meet with a representative from the City at least once a month during the life of this contract to inspect Work performed .. The Contractor will bill the City by the 5th of the month following service. The City will pay the Contractor on a monthly basis for labor, eqUipment and materials provided during the monthly billing period. C. Use of Sanitary Landfill The refuse disposal facilities of the city of Palo Alto Sanitary Landfill located adjacent to East Embarcadero Road in said City will be made available to the Contractor through the 2011 calendar year for the disposal of all trees, rubbish and construction debris generated on work site. The Contractor shall pay all dump fees. The Contractor shall at its sale expense load, haul and deposit said rubbish and debris during normal landfill operating hours. All landfill regulations will apply to all debris deposited by the Contractor. Any questions regarding landfill rules and regulations shall be directed. to the Landfill Supervisor. A digest of the refuse disposed area rules and regulations have been appended to this contract. At the end of the 2011 calendar year, the Contractor shall at is 39 Rev. January 11,2010 S:\ASD\PURCIDSOLICITATIONS\CURRENT BUYER-CM FOLDERS\KATHy\Contra cts\CII136681-Valley Crest Golf Maintenance\CI1136681 VlIlleycrest GC Maintenance Agreement FINALl 0.12.201 O.doc sole expense load, haul and deposit all rubbish, debris and green waste to a transfer station located at the City of Sunnyvale. D. Spare the Air Days The Contractor must comply with regional "Spare the Air" recommendations on designated "Spare the Air Days" that occur throughout the year. At aminimum, no gasoljne :j:>owered equipmentshall be used after 10 a.m. on "Spare the Air Days". The Project Manager Will notify the Contractor when a "Spare the Air" alert has been designated. The Contractor must coordinate work schedules to accommodate "Spare . the Air" recommendations. 40 Rev. January 11,2010 S:\ASD\PURCH\SOLICITATIONs\CURRENT BUYER-CM FOLDERS\KA THY\Conlra cts\Cl 1 136681-VaHey Crest Golf Maintenance\Cl 1 136681 Valleycrest GC Maintenance Agreement FlNALI 0.12.201 O.doc . EXIllBITB SCHEDULE OF PERFORMANCE The Contractor Shall perfonn the Services so as to. complete each task within the time period sp·ecified in the Scope of Services, attached to this Agreement as Exhibit "A". The Contractor shall provide the specified services according to the frequency and schedule specified in Exhibit "A". . . the Contractor shall execute the use of proper knowledge, skills, materials and equipment of a timely basis to maintain all areas in a clean; safe, healthy, and aesthetically acceptable manner during the entire term of this contract. The Contractor agrees to be continuously alert in locating and defining problems and agrees to exercise prompt and proper corrective action,. Action times will be prioritized, and low priority items will be given a time line for corrections. . Upon request, the Contractor shall provide a detailed schedule of work consistent with completing the required Services as needed. 5 Rev. January 11,201.0 . . S:\ASD\PURCH\SOLICIT ATIONS\CURRENT BUYER-CM FOLDERS\KA THY\Contra cts\CII136681-Valley Crest Golf Maintenance\CI1136681 Valleycrest GC Maintenance Agreement FINALIO.l2.2010.doc EXHmITC SCHEDULE OF FEES The City shall pay the Contractor for the completion of Services performed to the reasonable satisfaction of the City, a not-to-exceed sum in accordance with the schedule below. Any Services provided or hours worked for which payment would result in a total exceeding the maximum amount of compensation set forth herein, without the prior authorization of the City, shall be provided at no cost to the City: A. Schedule of Payment: The City shall pay the ·Contractor a maximum compensation amount of One Million Eight Hundred and Fifty Thousand Dollars ($1,850,000.00), payable over the Term, for the Services performed, based on the current Golf Course configuration as of the Effective Date, as follows: Year One, November I, 2010 through April 30, 2011: $350,000.00, in monthly increments of $58,333.33. ' . Year Two, May 1,2011 through April 30, 2012: $750,000.00 in monthly increments of $62,500.00. ' Year Three, May 1,2012 through April 30, 2013: $750,000.00 in monthly increments of $62,500.00 .. If the City fails to make any monthly payment within thirty (30) days of the receipt of the same, then the Contractor may give the City thirty (30) days' pdor notice of termination, in writing; provided, however, if the City makes payment to the Contractor before the ,effective date of the notice of termination, then the notice of termination shall be deemed cancelled, the Contractor shall continue thereafter to perform the Services, and the notice of termination shall be deemed rescinded. B. Equipment Purchase Compensation for equipment purchased by the Contractor shall be based on the Contractor's purchase of the City's existing Equipment as listed on Attachment 5 ofRFP 136681and attached herein as Attachment 1, for a Lump Sum Total Payment of$125,000.OO, to be paid November 1'~ 2010. Contractor will be solely responsible for the equipment as of~ovember 1St, 2010. CONTRACTOR shall purchase from CITY, all other usable equipment, materials, tools and supplies at the City's Cost, based on inventory taken at transition. A third party Furniture, Fixtures and Equipment consultant will value the remaining supplies, materials and minor tools and equipment at the Golf Course that are related to Golf Course maintenance. ValleyCrest agrees to pay the City for the usable equipment, materials, tools and supplies, in the amount of the independent Furniture, Fixtures and Equipment Consultant valuation by November 1 't, 2010. ' C. Additional Services Additional work not defined in the Scope of Services, on a Time and Materials basis, will be agreed upon by the Contrac~or and the City at the following hourly rates: • Project Manager $60 • Foreman $40 • Irrigation Technician $30 • Equipment operator $25 • Truck Driver $25 • Laborer $20 8 Rev. January 11,2010 S:\ASD\PURCH\SOLICIT ATIONS\CURRENT BUYER-CM FOLDERS\KA THy\Contra cts\Cll136681-Valley Crest Golf Maintenance\CI1136681 Valleycrest GC Maintenance Agreement FINALI 0.12.201 O.doc EXHIBITD INSURANCE REQUIREMENTS CONTRACTORS TO THE CITY OF PALO ALTO (CITY), AT THEIR SOLE EXPENSE, SHALL FOR THE TERM OF THE CONTRACT OBTAIN AND MAINTAIN INSURANCE IN THE AMOUNTS FOR THE COVERAGE SPECIFIED BELOW, AFFORDED BY COMPANIES WITH AM BEST'S KEY RATING OF A-:VII, OR HIGHER, LICENSED OR AUTHORIZED TO TRANSACT INSURANCE BUSINESS IN THE STATE OF CALIFORNIA. AWARD IS CONTINGENT ON COMPLIANCE WIlli CITY'S INSURANCE REQUIREMENTS, AS SPECIFIED, BELOW' MINIMUM LIMITS REQUIRED TYPE OF COVERAGE REQUIREMENT EACH YES YES YES YES NO YES OCCURRENCE AGGREGATE WORKER'S COMPENSATION STATUTORY EMPLOYER'S LIABILITY STATUTORY BODILY INJURY $1,000,000 $1,000,000 GENERAL LIABILITY, INCLUDING PERSONAL INJURY, BROAD FORM PROPERTY DAMAGE $1,000,000 $1,000,000 PROPERTY DAMAGE BLANKET CONTRACTUAL, AND FIRE LEGAL B9DIL Y INJURY & PROPERTY $1,000,000 $1,000,000 LIABILITY DAMAGE COMBINED. BODILY INJURY $1,000,000 $1,000,000 -EACH PERSON $1,000,000 $1,000,000 AUTOMOBILE LIABILITY, -EACH OCCURRENCE $1,000,000 $1,000,000 INCLUDING ALL OWNED, HIRED, PROPERTY DAMAGE $1,000,000 $1,000,000 NON-OWNED BODILY INJURY AND PROPERTY $1,000,000 $1,000,000 DAMAGE, COMBINED PROFESSIONAL LIABILITY, INCLUDING, ERRORS AND OMISSIONS, MALPRACTICE (WHEN APPLICABLE), AND NEGLIGENT PERFORMANCE ALL DAMAGES $1,000,000 THE CITY OF PALO ALTO IS TO BE NAMED AS AN ADDITIONAL INSURED: CONTRACTOR, AT ITS SOLE COST AND EXPENSE, SHALL OBTAIN AND MAINTAIN, IN FULL FORCE AND EFFECT THROUGHOUT THE ENTIRE TERM OF ANY RESULTANT AGREEMENT, THE INSURANCE COVERAGE HEREIN DESCRIBED, INSURING NOT ONLY CONTRACTOR AND ITS SUBCONSULTANTS, IF ANY, BUT ALSO, WITH THE EXCEPTION OF WORKERS' COMPENSATION, EMPLOYER'S LIABILITY AND PROFESSIONAL INSURANCE, NAMING AS ADDITIONAL INSUREDS CITY· ITS COUNCIL MEMBERS, OFFICERS, AGENTS, AND EMPLOYEES. I. INSURANCE COVERAGE MUST INCLUDE: A. A PROVISION FOR A WRITTEN THIRTY DAY ADVANCE NOTICE TO CITY OF CHANGE IN COVERAGE OR OF COVERAGE CANCELLATION; AND B. A CONTRACTUAL LIABILITY ENDORSEMENT PROVIDING INSURANCE COVERAGE FOR CONTRACTOR'S AGREEMENT TO INDEMNiFY CITY. C. DEDUCTIBLE AMOUNTS IN EXCESS OF $5,000 REQUIRE CITY'S PRIOR APPROVAL. II. CONTACTOR MUST SUBMIT CERTIFICATES(S) OF INSURANCE EVIDENCING REQUIRED COVERAGE. III. ENDORSEMENT PROVISIONS, WITH RESPECT TO THE INSURANCE AFFORDED TO "ADDITIONAL INSUREDS" 10 Rev. January 1 I, 2010 S:\ASD\PURCH\SOLICIT ATIONS\CURRENT BUYER-CM FOLDERS\KATHy\Contra cts\Cl 1136681-Valley Crest Golf Maintenance\Cll 13668 1 Valleycrest GC Maintenance Agreement FINALIO.I2.2010.doc A. PRIMARY COVERAGE WITH RESPECT TO CLAIMS ARISING OUT OF THE OPERATIONS OF THE NAMED INSURED, INSURANCE AS AFFORDED BY THIS POLICY IS PRlMARY AND IS NOT ADDITIONAL TO OR CONTRIBUTING WITH ANY OTHER INSURANCE CARRIED BY OR FOR THE BENEFIT OF THE ADDITIONAL INSUREDS. B. CROSS LIABILITY THE NAMING OF MORE THAN ONE PERSON, FIRM, OR CORPORATION AS INSUREDS UNDER THE POLICY SHALL NOT, FOR THAT REASON ALONE, EXTINGUISH ANY RlGHTS OF THE INSURED AGAINST ANOTHER, BUT THIS ENDORSEMENT, AND THE NAMING OF MULTIPLE INSUREDS, SHALL NOT INCREASE THE TOTAL LIABILITY OF THE COMPANY UNDER THIS POLICY. C. NOTICE OF CANCELLATION 1. IF THE POLICY IS CANCELED BEFORE ITS EXPIRATION DATE FOR ANY REASON OTHER THAN THE NON·PAYMENT OF PREMIUM, THE ISSUING COMPANY SHALL PROVIDE CITY AT LEAST A THIRTY (30) DAY WRITTEN NOTICE BEFORE THE EFFECTIVE DATE OF CANCELLATION.. . 2. IF THE POLICY IS CANCELED BEFORE ITS EXPIRATION DATE FOR THE NON· PAYMENT OF PREMIUM, THE ISSUING COMPANY SHALL PROVIDE CITY AT LEAST A TEN (10) DAY WRIITEN NOTICE BEFORE THE EFFECTIVE DATE OF CANCELLATION. NOTICES SHALL BE MAILED TO: PURCHASING AND CONTRACT ADMINISTRATION CITY OF PALO ALTO P.O. BOX 10250 PALO ALTO, CA 94303 11 Rev. January 11.2010 S:\ASD\PURCH\SOLICITA TIONS\CURRENT BUYER-CM FOLDERSI.KATHy\Contra cts\ClI136681·Valley Crest Golf Maintenance\ClI136681 Valleycrest GC MaiiJtenance Agreement FINALI 0.12.201 O.doc EXHIBITE BONDS [ATTACH BOND FORMS IF BONDS ARE REQUIRED] 12 Rev. January 11,2010 S:\ASD\PURCIDSOLICITATIONS\CURRENT BUYER-CM FOLDERS\KATIIY\Cpntra cls\Cll136681-Valley Crest Golf Maintenance\C11136681 Valleycrest OC Maintenance Agreement FINAL 1 O.l2.20t O.doc EXHIBIT:F LIQUIDATED DAMAGES' It is mutually agreed by the Contractor and the City that if completion of the Services by the Contractor under this Agreement is delayed beyond the date and time specified in the Schedule of Perfonnance, plus any authorized extensions of time, the City will suffer damages and will incur other costs and expenses of a nature and amount, which the Parties agree will be difficult or impractical to detennine. Accordingly, the Parties agree, as.a method to fix the damages and not as a penalty, that in the' event of any such failure to perf orin, the amount of damage which shall be sustained by the City will be the sum of $250.00 for each and every calendar day during which the Services remain uncompleted beyond the time specified for completion, plus any authorized extension of time. If the Contractor fails to pay the liquidated damages to the City, the Contractor agrees that the. City may deduct and withhold the amoUnt of the . unpaid liquidated damages from any amounts th~n due or that may become due and payable to the Contractor under this Agreement. . BY PLACING THEIR INITIALS BELOW, THE CITY AND THE CONTRACTOR ACKNOWLEDGE THAT THE AMOUNT SET FORTH ABOVE HAS BEEN AGREED UPON AS THE PARTIES' REASONABLE ESTIMATE OF THE CITY'S DAMAGES. CITY CONTRACTOR 13 Rev. January 11,2010 S:\ASD\PURCIDSOLICITATIONS\CURRENT BUYER-CM FOLDERS\KATHY\Contra cts\Cll136681-Valley Crest Golf Maintenance\Cll136681 Valleycrest GC Maintenance Agreement FlNALI0.12.20 1 Moe .. :. Co ••••• .. ~ .: '~ '~ ~ 6 ~ , !Il ~t ' c:. ·r :>: ~ ~ g i> r- 22 z (J) , . 12 o " , ," ., ;' : d.. . ' -·.\~f-.s-,·" . .'-":).n~ '~4-~~ , ?~~. -;1 . m >< :c OJ --I G) •. , Rev, January 11,2010 S:\ASD\PURCH\SOLICITATIONS\CURRENT BUYER,CM FOLDERSIKATHy\Contra cts\C11136681-VaUey Crest Golf Maintenance\Cl I 136681 Valleycrest GC Maintenance Agreement FINALl 0.12.20 10.doc Unit Year Manufacturer Model 2203 1997 JOHN DEERE 5200 2206 2000 FORD RANGER 2209 1997 JOHN DEERE 5310 2210 1986 CASE 480LL 2213 1997 TY-CROP TD460 TOP DRESS 2215 1997 JOHN DEERE 5300 2216 2008 TORO GREENSMASTER 2217 2008 TORO GREENSMASTER 2221 1992 TORO HYDROJECT 3000 2241 2005 TORO WORKMAN 2110 2242 2005 TORO WORKMAN 2110 2243 2005 TORO 3280-0 2248 2006 TORO PROCORE648 2250 1996 CHEVROLET C3500 2252 2001 JOHN DEERE TURF GATOR .2253 2001 .JOHN DEERE TURF GATOR 2254 2001 JOHN DEERE PROGATOR 2020 2255 2000 JOHN DEERE PROGATOR 2020 2256 2000 JOHN DEERE PRO GATOR 2020 2257 2001 JOHN DEERE 1200A 2258 2003 TORO GREENSMASTER 2259 2000 TORO GREENSMASTER 2262 2000 TORO GREENSMASTER 2263 2003 LASTEC 721XR 2264 2003 JOHN DEERE 3235 2265 2002 JOHN DEERE 3235 2266 2007 TORO REELMASTER 2267 2008 LASTEC 721XR 2275 1965 FMC (BEAN) FG1010 2276 1980 GANDY N/A 2280 1999 TURFCO SP-1530 2281 1988 TORO GROUNDMASTER 62 2282 1990 TURFCO METERMATIC II 2283 1987 FORD 786A 2295 2001 JOHN DEERE AERCORE 2000 Attachment 1 City Equipment List Description UTILITY TRACTOR -FOUR WHEEL DRIVE XCAB TURF TRACTOR TRACTOR LOADER TD-460 TOP DRESSER UTILITY TRACTOR -lWO WHEEL DRIVE . 3100 GREENS MOWER W/8 BLADE CUTTING 3100 GREENS MOWER W/8'BLADE CUTIING WALK-BEHIND TURF AERIFIER UTILITY VEHICLE (TURF) UTILITY VEHICLE (TURF) ROTARY TURF MOWER WALKING GREENS AERATOR lWO YARD DUMP TRUCK UTILITY VEHICLE UTILITY VEHICLE UTILITY VEHICLE WI2WD CARGO BOX UTILITY TRUCK WIHD200 SPRAYER BUNKER RAKE 3100 GREENS MOWER W/11 BLADE CUTIING· 3100 GREENS MOWER W/8 BLADE CUTTING 3100 GREENS MOWER WI11 BLADE CUlTlNG TRACTOR-MOUNTED ROUGH MOWER FAIRWAY MOWER FAIRWAY MOWER TRIPLEX TRIM MOWER (3100-Dt TRACTOR-MOUNTED ROUGH MOWER SPRAY RIGy TRAILER MOUNTED (200 GALLON) SPREADER BOX TOWABLE TOP DRESSER TURF MOWER TOWABLE Top DRESSER THREE-POINT FLAIL MOWER ATTACHMENT FAIRWAY AERIFIER Current Mtr ·OrlgCost 5,456 18,935 32,597 17,717 5595 23748 2993 52317 0 18,048 5796 ·24,520 852 0 637 0 590 25,000 1747 8725 1,558 8,725 523 18654 58 18426 15220 32391 24,560 6,917 20602 6917 3927 23196 3435 17,215 446 20,582 4577 11,929 3,141 18895 3911 20,297 3,433 20297 0 17861 2,685 39,817 3,992 40,602 1134 26659 0 0 out of service 0 out of service 5,000 0 0 0 0 out of service 5,500 out of service 0 0 27014 Division contact/ext: Date: October 1,2010 2010 ATTACHMENT 2 Annual Division IPM Summary and Prohibited Pesticide Inventory Report Please complete the/ollowing information and submit to Julie Weiss by December 31,2010 .1) Please list and describe the pest problem trends your division dealt with this year, including peak season problems and non-chemical/structural/landscape solutions that were used .. 2) Which IPM pesticide alternatives were considered and tested? What was their effectiveness? 3) Were any new rPM plans created or revisions made to existing plans? (IPM plans that were submitted last year will be annexed in this year's Amiual Report unless divisions submit.revised versions). 4) What training programs are you interested in receiving for your staff or program this year? 5) Per new 2009 Stormwater Permit requirements, please answer the following: a. How many of your employees apply pesticides? b. Please confirm that these employees will have been informed of and read the City's rPM Policy by December 31, 2009 (see policy statement below). D Yes DNa Per CMR 343-01: The City of Palo Alto will carry out its pest management operations using reduced-risk [PM techniques to reduce or eliminate chemicals to the maximum extent. Chemicals will be used only as a last resort/or pest management problems. Each division that applies pesticides will maintain an active IPM plan to ensure the long-term prevention or suppression of pest problems with minimum negative impact on human health, non~target organisms, and the environment. The City will actively pilot non-toxic alternatives for structural and landscape pest control, seeking to use tile most recent technology, best management practices and lea$ttoxic methods for all pest control measures. The City will use appropriate venues to educate staff and the public about its [PM commitment in an effort to role model less toxic approaches to structural and landscaping pest controL c. Please confirm that these employees have been trained in some form of IPM practices in the last three years (please submit training agendas or training description). DYes DNo (See attached) 6) Annual storage locker cleanout: Please inventory and remove any restricted pesticides (signal word Danger), unwanted or expired pesticides from your division's storage lockers." List below only those products that were removed, if any, and then bring products to the Household Hazardous Waste Program staff (x6980). None Amount. (gallons, Division Storage. Location Product Formulation pounds, ounces) EPA ID# Active ingredient: 0/0 Active Ingredient: Formulation (e.g.,granules, liquid): r-'-- Attachment 3 Monthly Report L ............. ____ , ____ .. _____ . __ ._._1 --.i-._.c.-...• _ .. , ........... _ ..... __ L ...L_. _____ . __ .--L---._. __ l TO: CITY COUNCIL FROM: CITY MANAGER ATTACHMENT C CITY OF PALO ALTO Memorandum DEPARTMENT: CITY MANAGER DATE: OCTOBER 18, 2010 SUBJECT: Item 16 -Approval of a General Services Agreement with ValleyCrest Golf Course Maintenance, Inc. in the Amount of $1,850,000 for Maintenance Services and Sale of Used City Golf Course Maintenance Equipment for $125,000; and Referral of Golf Course Financial Planning Issues to the Finance Committee Recommendation Staff recommends that the Council only discuss item 16 at its regular meeting on October 18, 2010, and that it defer approval of the proposed contract with ValleyCrest until its regular meeting on October 25, 2010. The form of contract recommended for approval is at variance with the form of contract that was submitted to the Cou,ncil on October 13, 2010; staff recommends that the Council considers the most current terms and conditions before it will take action on staff s recommendation to award a contract to ValleyCrest. BackgroundfDiscussion The contract included III the packet has had several updates; the substantive changes are referenced below: 1. CMR 382:10 title has the incorrect dollar amount negotiated with ValleyCrest for the General Services Agreement, the amount is $1,850,000. 2. Additional language was added to item 5 "Compensation for Original Term" page 2 to further define expectations should San Francisquito Creek Flood Control work begin during the term of this agreement. 3. An additional Exhibit (Exhibit G) has been added and new language -item Z "Storage and Maintenance Facilities" (page 6) was added to better define the terms and conditions related to storage and facilities to be accessed and used by the Contractor. 4. Item "AA Fuel Facilities" is new, City staff and ValleyCrest have agreed that the City retain more oversight over the fueling station than originally envisioned, language to that affect can be seen on page 6 "AA Fuel Facilities" and 2.0 "Specific Maintenance Requirements" page 16. 5. Additional language has been added to Exhibit C "Schedule of Fees" allowing ValleyCrest to terminate the contract if the City does not pay for services provided after 60 days. Page 1 of2 6. Additional language related to "Efficient use of Water 2.6.1.8" has been added to acknowledge the city's obligation to ·supply sufficient water to :the Golf Course and that in the event water restrictions do occur, the City and Va1leyCrest will work together to mintage impacts. ATTACHEMENTS: cR~~fuvrul~m ROBDEGEUS· '. Recreation Manager ) City Manger \l Attachment 8 Page20f2 ATTACHMENT D City Equipment List Unit Year Manufacturer Model Description Current Mtr Orig Cost 2203 1997 JOHN DEERE 5200 UTILITY TRACTOR -FOUR WHEEL DRIVE 5,456 18,935 2206 2000 FORD RANGER XCAB 32,597 17,717 2209 1997 JOHN DEERE 5310 TURF TRACTOR 5,595 23,748 2210 1986 CASE 480LL TRACTOR LOADER 2,993 52,317 2213 1997 TY-CROP TD460 TOP DRESS TD-460 TOP DRESSER 0 18,048 2215 1997 JOHN DEERE 5300 UTILITY TRACTOR -TWO WHEEL DRIVE 5,796 24,520 2216 2008 TORO GREENSMASTER 3100 GREENS MOWER W/8 BLADE CUTTING 852 0 2217 2008 TORO GREENSMASTER 3100 GREENS MOWER W/8 BLADE CUTTING 637 0 2221 1992 TORO HYDROJECT 3000 WALK-BEHIND TURF AERIFIER 590 25,000 2241 2005 TORO WORKMAN 2110 UTILITY VEHICLE (TURF) 1,747 8,725 2242 2005 TORO WORKMAN 2110 UTILITY VEHICLE (TURF) 1,558 8,725 2243 2005 TORO 3280-0 ROTARY TURF MOWER 523 18,654 2248 2006 TORO PROCORE 648 WALKING GREENS AERATOR 58 18,426 2250 1996 CHEVROLET C3500 TWO YARD DUMP TRUCK 15,220 32,391 2252 2001 JOHN DEERE TURF GATOR UTILITY VEHICLE 24,560 6,917 2253 2001 JOHN DEERE TURF GATOR UTILITY VEHICLE 20,602 6,917 2254 2001 JOHN DEERE PROGA TOR 2020 UTILITY VEHICLE 3,927 23,196 2255 2000 JOHN DEERE PROGATOR 2020 W/2WD CARGO BOX 3,435 17,215 2256 2000 JOHN DEERE PROGATOR 2020 UTILITY TRUCK W/HD200 SPRAYER 446 20,582 2257 2001 JOHN DEERE 1200A BUNKER RAKE 4,577 11,929 2258 2003 TORO GREENSMASTER 3100 GREENS MOWER W/11 BLADE CUTTING 3,141 18,895 2259 2000 TORO GREENSMASTER 3100 GREENS MOWER W/8 BLADE CUTTING 3,911 20,297 2262 2000 TORO GREENSMASTER 3100 GREENS MOWER W/11 BLADE CUTTING 3,433 20,297 2263 2003 LASTEC 721XR TRACTOR-MOUNTED ROUGH MOWER 0 17,861 2264 2003 JOHN DEERE 3235 FAIRWAY MOWER '2,685 39,817 2265 2002 JOHN DEERE 3235 FAIRWAY MOWER -3,992 40,602 2266 2007 TORO REELMASTER TRIPLEX TRIM MOWER (3100-0) 1,134 26,659 2267 2008 LASTEC 721XR TRACTOR-MOUNTED ROUGH MOWER 0 0 2275 1965 FMC (BEAN) FG1010 SPRAY RIGy TRAILER MOUNTED (200 GALLON) out of service 0 2276 1980 GANDY N/A SPREADER BOX out of service 5,000 2280 1999 TURFCO SP-1530 TOWABLE TOP DRESSER 0 0 2281 1988 TORO GROUNDMASTER 62 TURF MOWER 0 0 2282 1990 TURFCO METERMATIC II TOWABLE TOP DRESSER out of service 5,500 2283 1987 FORD 786A THREE-POINT FLAIL MOWER ATTACHMENT out of service 0 2295 2001 JOHN DEERE AERCORE 2000 FAIRWAYAERIFIER 0 27,014 TO: FROM: DATE: City of Palo Alto City Manager's Report HONORABLE CITY COUNCIL CITY MANAGER DEPARTMENT: COMMUNITY SERVICES DECEMBER 6, 2010 CMR: 440:10 REPORT TYPE: CONSENT SUBJECT: Approval of Amendment Number 5 to the Management Agreement With Brad Lozares for Golf Professional Service~ at 1875 Embarcadero Road, Extending the Term for 28 Months to April 30, 2013. EXECUTIVE SUMMARY In response to uncertain economic conditions, Council authorized a Golf Course study to examine the Bay Area golf market and conditions of the Palo Alto Golf Course facility; and the current and alternative operating models available for the Golf Course. The study was conducted in 2008. The study recommended several actions for future success of the Golf Course. The recommendations included making relatively minor but strategic investments in the. Golf Course infrastructure and operating structure. The study also recommended that staff actively participate in the planning of flood control alternatives for San Francisquito Creek by the Joint Powers Authority in order to find a balanced flood control/recreational use solution that would benefit the Golf Course. Additional recommendations include aligning tenant contracts to expire concurrently, and to evaluate options to enhance Golf Course maintenance, including the advantages and disadvantages of private versus public maintenance. Council and staff have acted upon several of the recommendations from the Golf Course study including actively participating in the planning of flood control alternatives for San Francisquito Creek that would also' benefit the Golf Course and the transition to private Golf Course maintenance, which will save the City approximately $200,000 annually. At this time staff recommends aligning the expiration term of the Golf Course Management Agreement with Brad Lozares with the Pro Shop Lease Agreement with Mr. Lozares to CMR: 440:10 Page 1 of7 .. • expire concurrently on April 30, 2013 (Attachment A). This recommendation IS consistent with the recommendations in the 2008 Golf Course study. RECO~~NDATION. .. . Sta,f, recoiiifnends that the CounCIl approve and authorIze the CIty Manager or hIS de~g'I;lee to execute the attached Amendment No.5 to the Management Agreement with Brad Lozares (Golf Professional) for golf course professional services at the Palo Alto Municipal Golf Course, 1875 Embarcadero Road (Golf Course), to extend the term of the contract for 28-months to April 30, 2013 (Attachment A). BACKGROUND On March 16, 1998, the City issued tax-exempt bonds to finance Golf Course improvements. Prior to the bonds being issued, the City and the Golf Professional had operated under one lease agreement for both professional management services and the lease of the City-owned Pro Shop facility. When the bonds were issued in 1998, IRS regulations required that there be two agreements: a management agreement for Golf Course professional services and a separate lease to operate the golf retail establishment (Pro Shop). In 1998, Council approved a 20.;.month management agreement and a 15-year lease with the Golf Professional. The original management agreement was amended three times prior to Council approval of a new restated management agreement (Agreement) on January 27, 2003. The new Agreement set the fixed fee to be paid to the City Contractor at $322,251 and removed the annual CPI adjustment. Cart rentals and driving range fees were split, with the Golf Professional receiving 40 percent of the revenue and the City receiving 60 percent. The agreement also provided a productivity reward equal to a stated dollar amount based on increases of golf rounds, power golf cart rentals 'and driving range sales. The agreement has been extended 4 times since 2006 as summarized below: 1. Amendment No. 1 -May, 2006. Council approved an agreement which: 1) extended the term for an additional eighteen months; 2) increased the fixed fee compensation by three percent to $27,333.00; and 3) reimbursed the Golf Professional for 60 percent of the bank's credit card merchant charges attributed to the golf cart rentals. 2. Amendment No 2 -May 2007. Council approved an agreement which: 1) extended the term for one year to December 31, 2008; and 2) increased the fixed fee compensation by two percent to $28,213.46. 3. Amendment No 3 -October 2008. Council approved an agreement which: 1) extended the agreement for one year to December 31, 2009; 2) increased the fixed fee by two percent to $28,777.73; and 3) adjusted the Golf Professional's productivity reward to reflect current market conditions. CMR: 440:10 Page 2 of7 4. Agreement No 4 -November 2009. Council approved an agreement which: 1) extended the term for one year to December 31, 2010 at the same monthly fixed rate as 2008 of$28,777.73. The short term amendments to the Golf Professional contract have been a factor of uncertain economic conditions over the past several years. In response to the uncertain economic conditions, Council authorized a Golf Course study to examine the Bay Area golf market and conditions of the Palo Alto Golf Course facility as well as the current and alternative operating models available for the Golf Course. The study was conducted in 2008. As stated in the Executive Summary the study recommended several actions for future success of the Golf Course that included making relatively minor but strategic investments in the Golf Course infrastructure and operating structure along with actively participating in the planning of flood control alternatives for San Francisquito Creek to find a balanced flood control/recreational use solution that would benefit the Golf Course. Additional recommendations include aligning tenant contracts to expire concurrently and to evaluate options to enhance Golf Course maintenance, including the advantages and disadvantages of private versus public maintenance. DISCUSSION Staff have been working on the recommendations from the Golf Course study and have made progress on several fronts. Regarding the San Francisquito Creek flood control, Council has requested that the Joint Powers Authority (JPA) retain a golf course design consultant to work with the JP A and City staff to design an environmentally friendly flood control project that will balance flood control and recreational use solutions that will also benefit the Golf Course. The JPA has been very supportive of the City's need for fair and reasonable mitigation measures to the Golf Course for levee improvements. The known impacts to the Golf Course at this time will include the need to redesign four to six holes due to levee realignment and encroachment onto the Golf Course. The Golf Course study also recommended the City consider contracting out Golf Course maintenance to improve cost recovery and the overall standard of maintenance. In the 2011 Budget process Council approved the contracting out of Golf Course maintenance and a contract with ValleyCrest was approved on October 25, 2010, to assume Golf Course maintenance responsibilities CMR: 390: 10. Recognizing that Brad Lozares would participate in the RFP process for the Golf Course maintenance contract, staff postponed recommending the alignment of Brad Lozares' Golf Professional agreement with the Pro Shop lease pending the outcome of the Golf Course maintenance contract. With the contracting of the Golf Course maintenance complete, staff now recommends aligning the two tenant contracts with Brad Lozares to expire concurrently. Aligning the CMR: 440:10 Page 3 of7 Golf Professional agreement to expire on April 30, 2013 would align three of the four principal agreements the City has to operate at the Golf Course: 1. Pro Shop Lease (expires April 30, 2013) 2. Golf Course Maintenance (expires April 30, 2013) 3. Golf Professional Services (will expire April 30, 2013 if approved) 4. Restaurant Concessionaire (expires 2018) The fourth principal agreement the City has to operate the Golf Course is between R&T Restaurant Corporation and the City to operate the Bay Cafe; the current term of this agreement expires in 2018. Aligning the City contracts that keep the Golf Course operational gives the City flexibility in bidding more than one element of the Golf Course operation when the terms expire. This mayor may not be of interest to the City in April 2013, but the alignment of the various Golf Course contracts provides the opportunity to consider alternative operating models Regarding the Golf Course budget, in Fiscal Year 2010 revenues exceeded expenses by $76,000. It is estimated that Fiscal Year 2011 revenues will exceed expenses by $300,000. Compensation for Brad Lozares' services includes a fixed management fee of $28,777. 73 per month for a total of $805,776 for the 28-month term and percentage fees based on Golf Course productivity. The fixed fee has not increased since 2008 and no increases are recommended for this amendment. The percentage fees also remain unchanged in this agreement. The percentage fees are a revenue share between the City and Brad Lozares for Driving Range revenue at 62% to the City, and 38% to Brad Lozares; and Cart Rental revenue at 60% to the City and 40% to Brad Lozares. Revenue to Brad Lozares in percentage fees over the term of the contract is estimated to be $681,333 in addition to the fixed management fee. The service level the Golf Professional and his staff provide is very professional and greatly appreciated by our golfing patrons. The Golf Professional is very well regarded throughout the golf community for outstanding customer service. The drop in the number of annual rounds played, from a high of over 100,000 in. the late 1980's to its current level of approximately 70,000 rounds in Palo Alto, echoes a national trend in the decline of rounds of golf due to the proliferation of new courses in the 1980's and 1990's and other economic factors. The Palo Alto Golf Course still ranks financially in the top ten municipal golf courses in the Bay Area. The current Management Agreement will expire on December 31, 2010. In order for the Golf Professional to manage the Golf Course and receive compensation, IRS rules CMR: 440:10 Page 4 of7 require that there must be an agreement in place. Under IRS regulations, the management agreements must be for no more than 60 months. Each of the agreements and amendments between the City and the Golf Professional have been for less than 60 months in order to allow both parties -to make refinements to the agreement that reflect economic conditions and needs of the Golf Course. RESOURCE IMPACT The annual impact on the resources for this agreement is ·estimated to be the same as 2010. The cost of overall compensation to the Golf Professional including fixed and percentage payments is estimated to be approximately $1,487,110, and this artiount is included in the Community Services Golf Course budget. POLICY IMPLICATIONS The proposed 28-month extension is consistent with prior Council direction and will keep the Golf Course operational under the current management conditions to April 30, 2013. ENVIRONMENTAL REVIEW Approval of, the amendment does not constitute a project under the California Environmental Quality Act (CEQA); therefore, no environmental assessment is required. /ATTACHMENTS Attachment A: Amendment No.5 to Management Agreement PREPARED BY: 42tJ~ ROBDEGEUS Division Manager, Recreation Services DEPARTMENT HEAD APPROVAL: GREGBE S Director, Community Services Department CITY MANAGER APPROVAL: . ~,-w.~ ~JAMESKEENE . City Manager cc: Golf Professional CMR: 440:10 Page 5 of7 AMENDMENT NO.5 TO MANAGEMENT AGREEMENT C3150541A, BETWEEN THE CITY OF PALO ALTO AND BRAD LOZARES GOLF SHOP FOR PROFESSIONAL SERVICES AT 1875 EMBARCADERO ROAD, PALO ALTO THIS AMENDMENT NO.5 to the Management Agreement C3150541A, between the City of Palo Alto and Brad Lozares Golf Shop for Professional Services at the Palo Alto Municipal Golf Course, ("Agreement,") is made and entered into this 7th day of December, 2010, by and between the City of Palo Alto, a municipal corporation (the "CITY") and Brad Lozares ("GOLF PROFESSIONAL"). RECITALS A. GOLF PROFESSIONAL has assumed responsibility for and continued the operation and management of course play for the Golf Course facility on behalf of the CITY on the terms and conditions set forth in the Management Agreement dated January 28,2003. B. On May 15, 2006, the parties amended the Agreement to extend the term December 31, 2007, and to increase the fixed fee to $27,660.25 per month and reimburse GOLF PROFESSIONAL for sixty percent (60%) of finance charges associated with the payment of service charges for golf carts by credit card. C. On May 15, 2007, the parties amended the Agreement to extend the term to December 31, 2008, and to increase the fixed fee to $28,213.46 per month. D. On October 20, 2008, the parties amended the Agreement to extend the term to December 31, 2009, and to increase the fixed fee to $28,777.73 per month. E. On December 7, 2009 the parties amended the Agreement to extend the term for one year to December 31, 2010 at the same fixed level of compensation established in 2008 of $28,777.73 per month. F. The parties now wish to amend the Agreement to extend the term of the agreement to April 30, 2013 at the same fixed level of compensation as established in 2008 of $28,777.73 per month. NOW, THEREFORE, in consideration of the terms, conditions, and provisions of this Amendment, the parties agree as follows: SECTION 1. Section III ("Term") is amended in its entirety to read, as follows: "III. TERM The term of this Agreement shall commence on January 8, 2003 and end on April 30,2013. SECTION 2. Section IV, A ("Compensation"), is amended in its entirety to read as follows: "IV. COMPENSATION During the term of the Agreement, GOLF PROFESSIONAL shall receive a fixed fee and percentage fees, as defined below (collectively the "Management Fee"). A. Fixed Fee GOLF PROFESSIONAL shall receive a fixed fee during the term of this Agreement for GOLF PROFESSIONAL's Golf Course and driving range management, Golf Course marshaling and starting and cart rental services. The fixed fee for the term of this agreement will be $805,776.44. The fixed fee will be paid in twenty-eight equal monthly installments. During the eighteen-month extension term from July 1, 2006 to December 31, 2007, GOLF PROFESSIONAL shall receive a fixed fee payable monthly in the amount of $27,660.25. During the twelve-month extension term from January 1, 2008 to December 31, 2008, GOLF PROFESSIONAL shall receive a fixed fee in the amount of $28,213.46, monthly. During the twelve-month extension term from January 1, 2009 to December 31, 2009, GOLF PROFESISONAL shall receive a fixed fee, in the amount of $28,777.73, monthly. During the twelve-month extension term from January 1, 2010 to December 31, 2010, GOLF PROFESISONAL shall receIve a fixed fee, in"the amount of $28,777.73, monthly. During the twenty-:eight month extension term from January 1, 2011 to April 30, 2013, GOLF PROFESISONAL shall receive a fixed fee, in the amount of $28,777.73, monthly. The CITY shall forward the fixed fee by the 5th working day of the CITY's working month for the amount due for that month to the GOLF PROFESSIONAL. If not received within ten calendar days after the fifth working day of the month, a late charge of one percent of monthly payment due and unpaid plus an administrative fee of $45.00 shall be added to the payment due and unpaid, and the total monthly sum shall become immediately due and payable to GOLF PROFESSIONAL. The parties agree that such late charges represent a fair and reasonable estimate of the costs that GOLF PROFESSIONAL will incur by reason of the CITY's late payments and that acceptance of such late charges in no event constitutes a waiver of the CITY's default with respect to such overdue payment, nor prevents GOLF PROFESSIONAL from exercising any of the other rights and remedies granted hereunder or by any provision oflaw." B. Percentage Fees In addition to the fixed fee, GOLF PROFESSIONAL shall receive 38% percent of the gross revenues of the driving range and retain 40% of the gross revenue of the golf carts, golf club and pull cart rentals. Percentage fees for each month will be <;alculated and paid no later than the lOth day of the following month. In no event, -however, shall the cumulative percentage fees paid to GOLF PROFESSIONAL for a single calendar year exceed the total fixed fee payments described in section IV-A herein for that same calendar year. C. GolfCart Fuel Reimbursement GOLF PROFESSIONAL shall reimburse the CITY quarterly for fuel supplied to gas golf carts. Reimbursement shall be at the current retail full service pump price on the date of billing for unleaded . fuel, determined quarterly by the CITY. GOLF PROFESSIONAL shall reimburse the CITY by no later than by the 20th day of the month following the close of each quarter. D. Productivity Reward (Incentives) In order to enhance overall golf division business incomes, customer service and golf professional revenues, a productivity reward equal to a stated dollar amount based on increases of golf rounds, gross power golf cart rentals and driving range sales becomes effective with this agreement. In addition to the fixed and percentage fees, the golf professional shall receive the following productivity rewards based on exceeding the following baselIne golf rounds and gross sales: PAID GOLF ROUNDS: (FEE, DISCOUNT CARD & REPLAY ROUNDS) * Greater than 72,000 rounds $3.00 PER ROUND , FAX NO. :6023912992 Nov. 29 2010 09:06PM Pi POWER GOLF CART RENTALS: * Greater than $300,000 DRIVING RANGE SALES: Ij< Greater than $400,000. $100 PER $1,000 INCREASE $200 PER $1,000 INCREASE SECTION 3. Except as herein modified, all other provisions of the Agreement, including any exhibits and subsequent amendments thereto, shall remain in full torce and effect. IN WITNESS WHEREOF, the parties hereto have executed this Amendment No 5 to Management Agreement on the date first written above. CITY OF PALO ALTO BRAD LOZARES GOLF SHOP BY:f}t&V . £OJ~ Name: BY'ctcl. F. La1...Qre. ~ City Manager Purchasing Manager Title: OI.U N-t..-I jo J r-~ra t'€SS;oJl q l APPROVED AS TO FORM: Senior Asst. City Attorney 4 091 12(),ib 0073262 Financial Pro Formas and Supporting Analysis forReconfiguration Options A, D, F, G ForPalo Alto Municipal Golf Course Prepared For: Cityof Palo Alto Rob deGeus,DivisionManager Recreation &Golf Services 1305 Middlefield Road Palo Alto, CA 94301 Prepared By: 1150 SouthU.S.HighwayOne, Suite 401 Jupiter,FL 33477 (561)744-6006 April, 2012 Financial Pro Formas andSupporting Analysis for Reconfiguration Options A, D, F, G Palo AltoMunicipal Golf Course Table of Contents INTRODUCTION.......................................................................................................................1 PALO ALTO MUNICIPAL GOLF COURSE RECONFIGURATIONOPTIONS..........................2 Goals andObjectives..........................................................................................................2 Option A..............................................................................................................................3 AdditionalWork.............................................................................................................................4 Option D..............................................................................................................................4 AdditionalWork.............................................................................................................................5 Option F..............................................................................................................................5 AdditionalWork.............................................................................................................................6 OptionG.............................................................................................................................7 AdditionalWork.............................................................................................................................8 Defermentof CertainImprovements...................................................................................9 MARKETOVERVIEW..............................................................................................................10 Demographics Summary....................................................................................................10 Golf MarketOverview.........................................................................................................11 NationalTrends inGolf DemandandSupply..............................................................................11 Local and RegionalGolf SupplyandDemandIndicators............................................................13 Competitive Golf Market.....................................................................................................15 SummaryInformation– PrimaryCompetitors.............................................................................16 Summaryof Findings – PrimaryCompetitors .............................................................................18 Palo Alto Golf CourseMarketPositioning Assessment......................................................19 FINANCIAL PERFORMANCE MODELS FORPALO ALTO GOLFCOURSE.........................20 Recent HistoricalPalo AltoGCPerformance.....................................................................20 Projections Basedon“Option A”........................................................................................22 KeyAssumptions.........................................................................................................................22 ProFormaEstimatefor ‘Option A’Scenario–FY2012 –FY2021..............................................26 Projections Basedon“Option D”........................................................................................29 KeyAssumptions.........................................................................................................................29 ProFormaEstimatefor ‘Option D’ Scenario –FY2012 –FY2021..............................................32 Projections Basedon“Option F”........................................................................................35 KeyAssumptions.........................................................................................................................35 ProFormaEstimatefor ‘Option F’ Scenario –FY2012 –FY2021..............................................36 Projections Basedon“Option G”........................................................................................39 KeyAssumptions.........................................................................................................................39 ProFormaEstimatefor ‘Option G’ Scenario– FY2012 –FY2021.............................................42 FinancialProjectionsSummary..........................................................................................45 Summaryof Options....................................................................................................................45 SummaryResults........................................................................................................................46 Justifications for Revenue Projections........................................................................................47 Other Considerations Regarding ImprovementOptions.............................................................48 Option“G”SensitivityAnalysis...........................................................................................49 Option“G” SensitivityAnalysis - Summaryfor 2017...................................................................49 OptionG SensitivitySpreadsheets..............................................................................................50 OTHERISSUES ANDCONSIDERATIONS..............................................................................56 Market Position /Re-Branding Opportunity........................................................................56 Economics of PotentialLong-Term/ AdditionalImprovements...........................................58 CartStorage Building..................................................................................................................58 Expanded Meeting Space...........................................................................................................59 RangePerformanceCenter ........................................................................................................59 Management Structure.......................................................................................................60 Long RangeConcerns.......................................................................................................61 PotentialEconomicDevelopmentOfTheAirport& Golf “Baylands Gateway” Area............64 Private Funding Possibilities..............................................................................................65 APPENDICES...........................................................................................................................66 AppendixA – Comparative SupplyRatios – PaloAlto GC& KeyMunicipal Competitors...67 AppendixB – Comparative Scoring of Reconfiguration Options.........................................68 AppendixC–Water &Power Use Discussion &Assumptions...........................................71 AppendixD– ReviewOf Probable Cost Estimates............................................................73 AppendixE – PotentialLong-Term MasterPlan Improvements..........................................75 National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –1 Introduction NationalGolf FoundationConsulting,Inc. was retained bythe Cityof PaloAlto infurtheranceof the City’s due diligencerelative to theSan FrancisquitoCreek Flood ControlProject,which will involve the reconfiguration of sixormoreholes atthe Palo AltoGolf Course. NGF’s objective was to help theCityidentifythe expectedfinancialimpactfromtheimprovementsrelatedtothe reconfiguration work under PlanOptionsA,D, F,and G. Specifically, NGFhas crafted10-year cashflowproformasthatprojectthe estimatednet financialimpactof theproposed improvements, allowing the Cityto evaluate eachof thefour reconfiguration options under considerationfroman objective standpoint.Ouranalysis includes expected impactonrounds played,feestructure,revenue generation, operating expenses,and capitalspending/debt.The proformasalso provide an estimateforlostrevenues during thetime thatthecourse is impacted and/or closed. Other aspectsof theNGF reviewinclude: A marketoverviewof thePalo Alto area,with an emphasis onareademographics andkeygolf demand and supplyindicators. A competitive review, including aqualitative assessment ofthe impactthatthe potentialreconfigurations would have on Palo Alto Golf Course’smarket/competitive position. A reviewof Forrest Richardson’s work regarding the potentialimplicationsfromthe renovation options onfacilitybranding andmarketing. NGF willalso offeritsopinion aboutthe long-termimplications and potentialfinancial impactof improvementsassociated with thelonger rangemaster plan, including clubhouse expansion, cartstorage,event areas,rangeperformancecenter,range enlargement, entry/parking, andtheyouthtraining area. NGF willevaluate relevant options available to the Cityof Palo Altoforthecontinued operation of Palo AltoGolf Course, including (butnotlimitedto)continuing on anas- is basis oroutsourcing allmanagementandmaintenance toafull-service managementcompany.Viable options willbe identified, andadiscussionof the costs, benefits, andfinancialimplications of eachoperating scenario presented. Thestudyeffortwas managedbyNGF Directorof Consulting Services Richard B.Singerand Senior ProjectDirector Ed Getherall.Activities conducted incompletionofthis reportincluded: fieldresearch;statisticalandfinancialanalysis; meetingswithkeyCitystafffromthe Recreation & Golf Services, Administration, CommunityServices, andFinance Departments;meetingswith the HeadGolf Professional, Golf Course Superintendent, andValleyCrest Area Director;atour of thegolf course;and,interviews with areagolfers. Following is theconsultants’reportsummarizing keyfindings andrecommendations. Throughoutthisreport, we mayrefertoshortenednamesfor:the Cityof Palo Alto (“City”),the Palo Alto MunicipalGolf Course (“Palo AltoGolfCourse”,“PaloAltoGC”or “PAGC”),and NationalGolf FoundationConsulting,Inc.(“NGFConsulting”or“NGF”). National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –2 Palo Alto Municipal Golf Course Reconfiguration Options NGF Consulting was provided fourcoursereconfiguration options prepared byForrest Richardson, ASGCA.These optionswere identified bythetitles“Option A,”Option D,”“Option F” and“OptionG,”and each have uniquecharacteristics.The optionsrepresentfourpossible scenariosforadjusting the coursetoaccommodate theSFCJPAfloodmitigation project. OptionsA,D, FandGwere culledfrom seven proposed alternatives (Options B,C,and E were eliminated priortoourreview) as themost viable and potentiallyopportuneforthe City. Theprocessfordeveloping options has beenthorough, with extensive inputfromgolfers, staff, concessionaires andthepublic at large. NGF Consulting hasreviewed notes and summaries fromthesemeetingsto better understandthegoals and objectives desiredbythose who will use and operatethefacilityfollowing reconfiguration. GOALS ANDOBJECTIVES Among thegoalsand objectives setforthtoguidethe design processforreconfiguration options, inadditiontothefundamentalgoaltoaccommodatetheflood project,included: Establish amorenatural,aesthetic landscapethatincorporatesa“Baylands”theme Improve treecare andvarietyvia a themeto useappropriatetree selection Find ways to eliminategeese and burrowing animalsfromruining thecourse Improve bunkers(condition, strategyand aesthetics) Improve overallcourse conditioning (drainage,irrigation,turf,etc.) Adjustyardagesothecourse isshorterfor beginners,women and seniors Create a“wowfactor”toremain competitive with otherregionalfacilities Add interesttothecourse strategy(dog-legs,differentiation ofholes, etc.) Find ways to offer player development opportunities (shortgame area,range, etc.) Additionally, therewas astrong desiretoaddresslong range issuesthatface theagingfacility beyond those onthegolf courseitself.The Citycommissioned its own scope of work toaddress these issuesconcurrently with the coursereconfiguration planning.Theselong rangeareas included thefollowing: Clubhouse planning Entry, parking andsignage Practice areas Cartstorage andstaging On-courserestrooms Branding and image Trailconnectionsfromthe Baylands and existing trails National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –3 Theobjective of the additionallong-rangeplanning was to look beyond thegolf coursetoensure thatreconfiguration options would not precludeimprovementstotheareason theabove list. Specificgoals andobjectives included thefollowing: Find ways to bring non-golferstothefacilities (group events,restaurant,etc.) Expand the clubhousetoseat200so largergroups can beaccommodated Develop areas to hold multiple outings/eventssimultaneously Improve the arrivalexperience, entryaesthetics,trailconnections andsecurity Develop a cartstorage area/facility Make overallimprovementstotheclubhouse andgrounds(exterior andinterior) Improve and expand thepracticerange Create newplayer developmentand practice opportunities Planforupgrading the on-courserestroomfacility Develop a newbrand and imageconsistent with the reconfigurationgoalsand design A commonthreadamong thelong rangeplanning componentswas a strong designtoreturnthe facilities, withgolf courseapproaching its 60th year andtheclubhouse its30th, toa“Point of Pride” statuswithin the community.Along with this primaryobjective comethebenefits of leveraging thefacilityforeconomic development,tourism and asa hometoannualandspecial events. Secondarily, thecommunityhas astrong desire toseethegolf course bemore compatible with theBaylands environment.Thisgoalisechoed byMr. Richardson inhis reconfiguration options,each of which adds morenaturalized areas tothegolf course.In addition, long range designconcepts associatedwith theclubhouse,entryand imagegohand- in-hand with thisgoal. OPTION A Option Arepresentstheminimumreconfiguration in ordertofacilitatetheSan Francisquito Creek realignmentasrequiredbythe SFCJPA.This option shiftsholes laterallyfromwest to east,retaining muchofthe samerouting ofthe existing course.Golf holes aremoved awayfrom the levee on aminimalbasis.Improvementsareprimarilyrestrictedtotheholesmoved, with the remaining holes largelyunchanged. Bunker work and naturalization enhancements aremade throughoutthe courseinordertoprovide amoreconsistentgolf experience and landscape. Thehighlightsof changes in thisoption include: 6.5golf holesrelocated 5 newgreens constructed Par 72 6,900/ 6,500/ 5,200 yards Allbunkersreconstructed and/or new 38.5 acrestransformedto naturalized areas (non-managedturf) Revised Hole No. 18 (naturalized hazard) AdjustedHole No.12 AdjustedHole Nos.13 and 14 National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –4 The totalprojected cost forthisoptionis$3,537,622,includingall professionalfees, project managementand contingency. Additional Work Additional(“alternate”)items within thegolf course itself maybe undertaken bythe City concurrentlywith the development ofOption A.These optionalitemsinclude: Sand capping of newturfareas(newfairways to be constructed) Use (spreading) of imported soilfromthe Stanford University MedicalCenterProject Reconstruction of allgreens (13additionaltothose covered) Re-turfing of allexistingfairways (23.5 acresadditional) Replacement ofthebalance of theexisting irrigation system Reconstruction andfeatures atthe existing practicegreenarea Construction of anewon-courserestroomfacility Projected Costfor AdditionalItems: $3,250,500 Among the additional(alternate) work,Mr. Richardson and NGFrecognize thatthefull replacement ofthe existing irrigationsystemwillbecome aneventualnecessity. Our understanding isthattheexisting system,installed in 1998,presentsregular issuesdueto deteriorating pipefittings. Nowentering its 14th year of service, thesystem isonthe decline due tothe highsalts inherentwithin the soils. Even if the balance ofthe systemremains in commissionfor anothersixyears (20 years isareasonable longevityforirrigation systems) thereexistsgood probabilitythat emergencyrepairs andcostsmayescalate. Forthis reason, we have studied this additionalcost($857,500)as an alternative scopetobe consideredfor Option A. OPTION D Option Drepresents anenhanced reconfiguration versionfromOption A.This optionfacilitates the SanFrancisquitoCreek realignment asrequired bythe SFCJPA.Theprimarydifference fromOptionA isthatOption Drealignsholes withmorevariety, departingfromthe common parallelrouting ofthe existing course.Golf holesaremoved awayfromthe levee, butgo beyond Option Atoform newviews and variation. Bunkerwork and naturalization enhancements are madethroughoutthecourse in ordertoprovide amoreconsistentgolf experience and landscape.Thesearemore prevalent thanthat affordedthroughOptionA. Thehighlightsof changes in thisoption include: 8.5golf holesrelocated 8 newgreens constructed Par 72 6,900/ 6,400/ 5,000 yards Allbunkersreconstructed and/or new 43 acrestransformedtonaturalized areas(non-managedturf) NewIsland GreenHoleNo. 13(elevated teeandBayview) NewDouble Green Nos.3 and 15 NewHole No. 5 (elevatedgreenand BayView) NewHole No. 7 (splitfairway) National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –5 NewHole No. 18 (par-5and naturalized hazard) NewHole No. 4 NewHole No. 17 NewHole No. 16 Futurespace affordedfor anewpracticegreen/shortgamearea The totalprojected cost forthisoptionis$4,118,748,includingall professionalfees, project managementand contingency. Additional Work Additional(“alternate”)items within thegolf course itself maybe undertaken bythe City concurrentlywith the development ofOption D.These optionalitemsinclude: Sand capping of newturfareas(newfairways to be constructed) Use (spreading) of imported soilfromthe Stanford University MedicalCenterProject Reconstruction of allgreens (10additionaltothose covered) Re-turfing of allexistingfairways (21.5 acresadditional) Replacement ofthebalance of theexisting irrigation system Reconstruction andfeatures atthe existing practicegreenarea Construction of anewon-courserestroomfacility Futuredevelopment of anewpracticegreen/shortgamearea Projected Costfor AdditionalItems: $3,096,250 As with Option A, we recognize thatthefullreplacementof theexisting irrigation systemwill become aneventualnecessity.The samecomments applytoOption DasnotedforOption A. Wehave studiedtheadditionalcost($740,000), which is lowerforOptionDasmoreof the existing systemis covered within areas impactedbythe reconfiguration, as an alternative scope to beconsideredforOption D. OPTION F Option Frepresents anopportunitytoremove landfromgolf courseuseand transformittouse forathleticfield(s).Thisoption was added tothereconfiguration scopeofthegolf course architect basedon previous studieswith thesame objective. ForOption F, ageneralconstraint placed on the planning work was toretain yardage (6,800 yards)anda par of 72. Safetyfrom the newtrailsystem andwithin adjoining holes was tobemaintained with no compromiseto standardguidelines. Option Ffacilitatesthe San FrancisquitoCreek realignment asrequiredbytheSFCJPA.The option is primarilydistinguished bytheremovalof approximately2.5 acresfromthegolf course parcel.Thisland areaisshown as athleticfielduse, accommodating afullNCAA sized soccer field orcombinationoffields andfieldtypes of thesame proportion andarea.This area would have limited roomforparking expansion. Option Frealigns holeswith more varietythaninOption A. Aswith Option D,thereconfiguration departsfromthecommon parallelrouting of theexisting course.Golf holes aremoved away fromthe levee toformnewviews and variation. Bunker work andnaturalization enhancements aremadethroughoutthecoursein ordertoprovide amoreconsistentgolf experience and National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –6 landscape. Asaresultof the“domino effect”of moving holes tomakeroomfortheathleticfield area,theseenhancements are asprevalent asthat affordedthroughOption D. Thehighlightsof changes in thisoption include: 12.5golf holesrelocated 12 newgreens constructed Par 72 6,700/ 6,300/ 5,000 yards Allbunkersreconstructed and/or new 43.4 acrestransformedto naturalized areas (non-managedturf) NewIsland GreenHoleNo. 13(elevated teeandBayview) NewDouble Green Nos.3 and 15 NewHole No. 5 (elevatedgreenand BayView) NewHole No. 7 (splitfairway) Revised Hole No. 18 (naturalized hazard) NewHole No. 4 NewHole No. 17 NewHole No. 16 NewHole No. 3 NewHole No. 3 NewHole No. 15 Newpracticegreen/shortgameareadeveloped along with reconfiguration Temporarypreparation ofthe athleticfieldarea(notfield development or improvement) The totalprojected cost forthisoptionis$5,855,454,includingall professionalfees, project managementand contingency. Additional Work Additional(“alternate”)items within thegolf course itself maybe undertaken bythe City concurrentlywith the development ofOption F.These optionalitemsinclude: Sand capping of newturfareas(newfairways to be constructed) Use (spreading) of imported soilfromthe Stanford University MedicalCenterProject Reconstruction of allgreens (6additionaltothose covered) Re-turfing of allexistingfairways (21.5 acresadditional) Replacement ofthebalance of theexisting irrigation system Reconstruction andfeatures atthe existing practicegreenarea Construction of anewon-courserestroomfacility Projected Costfor AdditionalItems: $2,530,000 As with OptionsA andD,we recognize thatthefullreplacement ofthe existing irrigation system willbecome an eventualnecessity.ThesamecommentsapplytoOptionF as notedforprevious National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –7 options.Wehave studied theadditionalcost($425,000), which is lowerforOption F(thanfor A or D)asmore ofthe existing systemis coveredwithin areasimpactedbythe reconfiguration, as an alternative scopeto be consideredforOptionF. OPTION G OptionGrepresents aplan toremove more landfromgolf courseuse,transformingthis landto useformultiple athleticfield and non-golf recreation purposes.This optionwas added tothe reconfiguration scopeofthegolf course architectbased onthe direction oftheCityto investigate whethertheviabilityof thegolf coursecould be preserved while opening more area (thanwith OptionF)for non-golf recreation. Theconstraintplaced ontheplanning work wasto retain aregulation layout with a par of 70or 71. Safetyfromthenewtrailsystem and within adjoining holes was to bemaintained with no compromisetostandardguidelines. NGF Consulting was inthe veryearlystages of our consulting workforthe Citywhen OptionG was put intomotion. Among theforemostquestions we were askedwas whethera significantly shorter courseand/or asignificantlylower par would be advisable fortheCityof Palo Alto.Our conclusion was thatthePalo Alto market,especiallyin the City’s situation as asingle-course owner, is bestserved in this locale bya regulation18-holegolf course witha parof 72 being preferred.Thisconclusion is basedon severalfactors, including thefollowing: A strong historyof thisgolf course producing annualrounds inexcess of 80,000 Statedpreferencesbythe currentcustomer basetomaintain lengthand par Viabilityto hostgroupgolf events“demanding”afull-lengthcourseexperience Competitiveness toareacourses Long termviabilityto hostregionalevents (qualifying, largertournaments,etc.) Regionalofferingsof shortercourses Plan options thataccommodatemoreflexible (shorter)yardagesflexibilityas part of thereconfiguration work NGF Consulting sharedthis conclusion with the Cityand thegolf coursearchitect, recommending thatOption Gshould,if possible,preserve aregulation length of about 6,500 yards (back tees) andapar of 72preferred.If pressed tochoosebetweena reduction in par(to 71) or areduction in yardagelower than 6,500,we opined that it would bebetterto preserve yardage at 6,500 andallowpar to dropto71.(Note:A par71coursemeasuring 6,500yards is perceived as more difficult, andcanbemarketedsuch,thana coursemeasuring thesame yardage but holding apar of 72.Thisis becausethe ratio of partoyardage ismore challenging.) OptionGalsofacilitatesthe San Francisquito Creek realignment asrequired bythe SFCJPA. Theoption involves the removalof approximately10.5 acresfromthegolf course parcel.This land area isshown as athleticfield use(threefullsized NCAA soccerfields orcombination of fieldsandfieldtypes of the sameproportionandarea), andadditionallyshows areasfor asmall playground, wetlands park andpicnic space, andtrails connecting tothe San Francisquito Creek levee trails,Baylands and neighborhood. OptionGrealigns holeswith more varietythaninOption A. Aswith Option Dand F,the reconfiguration departsfromthe common parallelrouting ofthe existing course.Golf holesare moved awayfromthe levee toformnewviews and variation. Bunker work and naturalization National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –8 enhancements aremadethroughoutthecourse inorderto provide a moreconsistentgolf experience and landscape. Aswith OptionF,butto an evengreaterextent,virtuallyallareas of the existing course would bereconstructed,enhanced and improved. Thehighlightsof changes in thisoption include: 18golf holesrelocated 18 newgreens constructed Par 71 6,600/ 6,100/ 5,000 yards Allbunkersreconstructed and/or new 43 acrestransformedtonaturalized areas(non-managedturf) IrrigatedTurf Reducedfrom 135acresto 92acres NewIsland GreenHoleNo. 12(elevated teeandBayview) NewDouble Green Nos.3 and 15 NewHole No. 5 (elevatedgreenand BayView) NewHole No. 7 (splitfairway) NewHole No. 18 (par-5,naturalized hazard) NewHole No. 4 NewHole No. 14 NewHole No. 10 NewHole No. 17 NewHole No. 16 NewHole No. 3 NewHole No. 3 NewHole No. 15 Newpracticegreen/shortgameareadeveloped along with reconfiguration Fullirrigation systemreplacement(allareas ofthe18-holegolf course) Reconstruction andfeatures atthe existing practicegreenarea Construction of anewon-courserestroomfacility Temporarypreparation ofthefield/recreation area(notfield development or improvement) The totalprojected cost forthisoptionis$7,573,262,includingall professionalfees, project managementand contingency. Additional Work Additional(“alternate”)items within thegolf course itself maybe undertaken bythe City concurrentlywith the development ofOptionG.These optionalitemsinclude: Sand capping of newturfareas(newfairways to be constructed) Use (spreading) of imported soilfromthe Stanford University MedicalCenterProject Reconstruction of allgreens (3additionaltothose covered) Re-turfing of allexistingfairways (21.5 acresadditional) Replacement ofthebalance of theexisting irrigation system National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –9 Projected Costfor AdditionalItems: $1,675,236 Unlike other options,Option G includesfullirrigation replacement.This isbecause thereis no viable methodof leaving onlythreegolf holes withoutreplacement.Variables include pumping pressure,controlzonesand other logisticsthat had tobe considered. DEFERMENT OFCERTAINIMPROVEMENTS Other additionalwork listed undereach option above has notbeen incorporatedtothepro formas preparedbyNGFConsulting duetothecomplexityof attaching incrementalrounds, revenues and expensestothese improvements.However, both NGF andMr. Richardson believe thatdeferring some or allofthe alternative (optional) improvements, including long- range work tothe clubhouse building,grounds,entry, practiceareas,etc.,willlikelyhave a negative affect onrevenues and constrain somewhat the City’s abilityto “re-brand” PaloAlto GC. Over theyears,NGFConsulting has witnessedthe implications ofroundsandrevenues ongolf facilities that have deferred maintenance and/orcapitalimprovements.Eventually, golf course conditions and/orthe overallgolf experiencefallto a levelwhere rounds,pricing and,as a result,revenues are constrained,asis themunicipality’s abilityto effectivelymarketthegolf course as anything otherthana“value” provider.Golf consumersbegin tomigrateawayfrom facilities that are not well maintainedwhen thereare otherproximatefacilities offering better conditions and/or equalor even slightlyhigherprice points. Among the optional/alternative improvementsassociated with Palo AltoGolf Course, wefindthe mostpressing are: Course conditions, especiallygreens,drainage and turf condition Yardageflexibility(to attract beginners,youth, women andseniors) Geese andburrowing animalintrusion and damage On-courserestroomreplacement Clubhouse condition andavailable space Most of the above arewellcorrected ormitigatedthoughthereconfiguration options.However, replacement ofthe irrigation system,asan example, is notfullyaffordedwithin thebasework of OptionsA,Dand F. Especiallyin the caseof A and D,this alternate costmaybe prudentto examine closer asconditions cannotdramaticallyimprove course-wide without aplan toreplace the system.Ifthesystemis allowed to runfor along period withoutreplacement,revenue is bound todropincrementallyas turf conditionsdecline. Intermsof substantive clubhouse improvements,such asexpanding themeeting space, improvements are not likelyto payfor themselves underthe current operating structurewherebyonly7% of food& beveragerevenue accruestotheCity. Yardageflexibilityis accommodated inmost ofthe options,butmoreso as more work is covered.OptionsD, Fand Gadequatelyallowformoreflexibilityand willtherefore have the potentialtoattractmoreplayer types.Thegeeseand burrowing animalissues, according tothe golf course architect,will be positivelymitigated byallreconfigurationoptions. Yet,plan options with more area impactedwilllikelyresult inmoreappropriatehabitatandareasforthese animals touseratherthan theturf areascurrentlyintendedforgolfers. National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –10 Market Overview Below, NGF Consultingprovides a summaryof key“external”factorsthatcharacterize thetrade area in which the PaloAltoGolf Course operates.Weincludebasic demographic variables that have the potentialtoaffectthe economicperformance of thegolffacility, as wellas an analysis of supplyand demand indicatorsin thepublicgolf market. DEMOGRAPHICSSUMMARY Utilizing researchmaterials provided byApplied GeographicSolutions,Inc.(a supplierof demographicresearch based on U.S.Censusresults),NGFConsulting has examined relevant characteristicsof thelocalpopulation.Inthefollowing tables, NGF Consulting indicatesthe population,median age,and median household incometrendsforSan Mateo andSantaClara counties,as wellas the3-,10-, and15-milemarketrings surrounding thegolf courseandthe totalUnitedStates. Palo Alto Golf Course 3mi 10mi 15mi San Mateo County Santa Clara County U.S. SummaryDemographics Population1990 Census 94,021 697,234 1,482,687 649,622 1,496,702 248,710,012 Population2000 Census 100,652 765,828 1,662,257 707,161 1,682,585 281,421,906 CAGR1990-2000 0.68%0.94% 1.15%0.85% 1.18%1.24% Population2010 Census 104,099 806,139 1,750,080 718,376 1,781,728 308,699,447 CAGR2000-2010 0.34%0.51% 0.52%0.16% 0.57%0.93% Population2016 Projected 105,110 817,407 1,775,178 725,980 1,805,397 325,288,086 CAGR2010-2016 0.16%0.23% 0.24%0.18% 0.22%0.88% Median HH Inc $94,304 $96,743 $91,334 $88,233 $88,860 $53,908 Median Age 37.5 37.2 37.1 39.4 36.2 36.9 CAGR=CompoundAnnual GrowthRate Fromthedatacollectedforthis study, NGFConsulting hasmadethefollowing observations regarding the demographics of Palo Alto andsurrounding areas: The10-mile and 15-milemarketsaroundPalo Alto GCaredense,with 2010 estimates of about 806,000 and 1.775million residents,respectively, in these two submarkets.The10-mile markethasaddedmorethan 40,000 net newresidents since 2006,while the 15-mile marketgrewbynearly88,000 people.Population growth is projectedto beverymoderatethrough2016. TheMedian Ages inthesubjectmarket areasaregenerallysimilar tothenational median age of36.9years,though SanMateo Countyoverallis significantlyhigher at 39.4 years.Ingeneral,the propensityto playgolf withgreaterfrequencyincreases with age,making relativelyolder marketsmore attractive togolf facilityoperators,all otherfactorsbeing equal. Median Household Incomes intheareaaremuch higherthanthe nationalmedian. For instance,the10-mile marketexhibits incomesnearly80% higherthanthe nationalmedian incomeof $53,908.Ingeneral, higher incomeresidentsare more likelyto participate ingolf,andtheyplaymorefrequentlythan lower income National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –11 residents.Thesehighfigures aremitigatedconsiderablybythe veryhighcost of living in theBayArea. GOLFMARKET OVERVIEW Belowwe provide an overviewof recent andemerging nationaltrends withrespecttogolf participation andmunicipalgolf, as wellas a summaryofgolf demandandsupplyindicators in the localmarketsfor Palo AltoGolf Course. NGFConsulting utilizes predictive models as benchmarksforestimating potentialmarketstrength.Themethodologyfordetermining the relative strength ofthesubjectmarket isdescribed in thefollowing section. National Trendsin GolfDemand and Supply Participation Golf participationin theU.S. hasgrownfrom3.5% ofthe populationin the early1960sto about 9.2%of thepopulationtoday. NGF estimatesthatthe numberofgolfersfellslightlyin 2011 to 26.1million; it was encouraging news thatthenumberofgolfersgained in2010-11held steady vs. previous years while the numberof lostgolfers droppedsignificantly. For researchpurposes, agolferis definedasa person age6 or above who plays at leastoneround ofgolf inagiven year. All U.S. Golfers (in millions) 1985 1990 1995 2000 2005 2010 Allgolfers age 6+ 19.5 27.4 24.7 28.8 30.0 26.1 Source: National Golf Foundation Thenumber ofroundsofgolf alsofell2.3%during thepastyear,from486million in 2009to 475 million in 2010 (mostrecent year NGF has published),corroborating the decline in the number of golfers.Inthe PacificRegion,which includes California,thestatisticsare somewhat more favorable: Regional Profile Participation Rate Numberof Golfers Percent of Golfers Total Annual Rounds(millions) Pacific Region 7.3% 3,276,000 12.5% 50.4 United States 9.2% 26,122,000 100.0% 475.0 Source:Golf ParticipationintheU.S., 2011edition, National Golf Foundation Considering theseverityof therecession anditseffects onboth discretionaryincome andtime, golf has helduprather well. Multiple NGF studiesof golferssince 2008would attributethe gradualdecline ingolfersandrounds primarilyto the impact of lower jobsecurityand concern over personalfinances,not waning appealforthegame. Over thepast 50years,golf demandgrewatabout 4% per year while facilitysupplygrewat about 2% per year.However, since 1990,thesituation hasreversed –demand hasgrown at only0.5% peryear while facilitysupplyhasgrown at1.4% per year.Withthe increasein supply, National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –12 we are seeing amarkedincrease in competition,and thesupplyisgreaterthanthedemandin somemarkets. In additiontoincreasedcompetition, otherfactorshave contributedtoa decline in the numberof rounds per coursenationallyfrom 2002to2011.In theNGF’smostrecentsurveyof coregolfers conducted inSeptember2011, wefoundthatfearfulfinancialoutlooks,weak consumer confidence,and negativegolferattitudeshave also played a role.The combination of thesehas causedmanygolffacilities tobecome distressed,particularlythosethathave a high debtload because of higherconstruction costs andthe perceived need to build high-end courses. Thenumber ofgolf course closingsquadrupledfrom anannualaverage of24 coursesperyear in the 1993-2001timeperiod tomorethan100 courses in2005.In2006,therewas negative net growthin golffacilitiesforthefirsttimeinsix decades,with 146 18-holeequivalents closingand 119.5 opening.In2007,there were113 openingsand121.5closures,and in 2008, 72golf courseopenings and106closures.In 2009,49.5openingsminus 139.5closures equatedto anetloss of90 18-hole equivalents.Closures continue tobedisproportionately public, stand-alone 9-holefacilities or shortcourses (executive or par-3length)with a value price point. Netgrowth insupplyhas been negative nowforfourconsecutive years, with the largest drop of90 courses in 2009.However, U.S.openingsaveraged 200+ (net)for20 years, and total18-holeequivalent supplyis up5%since 2000,indicating aslowmarketcorrection is underway. In October 2011, NGF projected2011netgrowth of aboutnegative 106.5 (openings minus closings), andprojected actualclosuresfor2011 would be closerto150. NGF estimatesthatnationalrounds played experienced an overalldropfrom 2000to2010 of -9.5%.Bythe endof 2011,rounds hadfurther declined 2.5%in theU.S.,butrounds inthe PacificRegionhad increased 1.2% andCalifornia was up 2.3%. Onthe positive side, thegrowth ingolf coursedevelopment has slowed considerablynationally and in themajorityof localmarkets, atrendthatshould help ease someof thecompetitive pressure. Anotherpositive trend istheaging of America.BabyBoomers are rapidlyapproaching retirementage whengolf activityflourishes.The babyboomersrepresentnot onlythelargest single demographicin the US, buttheyalso approach retirementage with more disposable incomethan anypreviousgeneration. National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –13 Local and Regional GolfSupplyand Demand Indicators Thefollowing table summarizes somekeygolf supplyand demandmeasuresforthelocal marketsbased onNGFresearch andgolf demand predictive models. Palo Alto Golf Course 3mi 10mi 15mi San Mateo County Santa Clara County U.S. Golf Demand Indicators #of Golfing Households 6,989 55,008 116,506 49,136 116,439 21,237,600 Number of Rounds Played 226,453 1,769,537 3,717,852 1,571,308 3,765,371 498,831,616 GolfingHouseholdIndex 101 104 103 105 106 100 Rounds Played Index 140 142 141 143 146 100 Golf SupplySummary TotalGolf Facilities 2 13 25 14 33 15,902 Public Golf Facilities 2 8 16 6 20 11,633 Private Golf Facilities 0 5 9 8 13 4,269 TotalGolf Holes 36 207 378 279 576 268,443 Public Golf Holes 36 117 225 108 342 191,214 Private Golf Holes 0 90 153 171 234 77,229 Household/Golf SupplyIndicators Households per 18Holes: Total 19,132 25,655 29,805 16,754 19,127 7,733 Households per 18Holes: Public 19,132 45,390 50,073 43,282 32,214 10,856 Households per 18Holes: Private NA 59,007 73,636 27,336 47,082 26,879 Households SupplyIndex: Total 242 325 378 212 242 100 Households SupplyIndex: Public 171 405 447 387 288 100 Households SupplyIndex: Private 0 221 275 102 176 100 Golf CourseConstruction Activity 2001-2010 Totalholes addedpast 10 years 0 0 18 0 72 24,318 Public holes added past10 years 0 0 0 0 54 17,469 Private holes addedpast10 years 0 0 18 0 18 6,849 PercentTotalHoles Added 0.00%0.00%4.80%0.00%12.50%9.10% Percent Public Holes Added 0.00%0.00%0.00%0.00%15.80%9.10% Percent PrivateHoles Added NA 0.00%11.80%0.00%7.70%8.90% National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –14 Golf participationrates inthesubjectmarkets around Palo AltoGCare verysimilar to the nationalbenchmark,while rounds demandedper household areabout40% higherthanthenationalfigure.Thehighrounds demanded per householdare indicative of theyear-roundgolf climate,the highnumberofgolf courses,and a demographicprofilethatis generallyconducive to highgolf demand, particularlyas it relatestomedian household income. There arethirteentotal,including eightpublic,golffacilities (including Palo AltoGC) in the 10-milemarketarea, while there are 25totalfacilities, including 21 public, within 15 miles of Palo AltoGC. As thetablesindicates,the subjectmarkets havesignificantlymore households per 18 holes ofgolf thanthenation overall. Forexample, in the10-milemarket area surrounding Palo AltoGC, there are nearlyfourtimes asmanyhouseholds pertotal 18 holes and4.5times as manyhouseholdsperpublic 18 holes than inthe overall U.S.(Wecontrastthesesupplyratios tosome ofPalo Alto’skeycompetitors in AppendixA). There was a spate of newgolf courseconstruction in theBayArea inthe1990s and early2000s. Forthe nine-countyBayArearegion,27totalgolffacilities were added between 1997 and 2006.This included 6 private (comprising 90holes)and 21 public (360 holes)facilities. However, as with therestof thecountry, newgolf course construction hasslowed to acrawlin thesubsequent years,andtheNGFdatabase reveals no newgolf course projects currentlyin planning or under construction within 15 miles of Palo AltoGC. Palo Alto andthegreaterBayArea arehometo alargenumber ofmajorcorporate and public employers,including manyhigh-techand internet companies.These large employers areprimetargetsforsoliciting tournament/outing play, and could be akey elementto boosting playlevels and revenues atthe Baylands GC.Outingsare generallysold at the highestgreenfee,andalso expose a number ofgolfers tothe facilityforthefirsttime. Visitorstothe Palo Altoarea have thepotentialto significantlyimpactdemand atgolf courses.Thoughvisitation numbers were not available for Palo Altospecifically, it is estimatedthataboutsixteen million people visit San Franciscoalone eachyear, and the overallBayArea hasconsiderablymore visitorsthanthat. NGFresearch shows thatroughlyone-third ofallgolfers participatein the activitywhile traveling, playing .557rounds per dayoftravel. This supplementalmarketshould be atarget of marketing effortsoncethe improved Baylands Golf Club is opened. National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –15 COMPETITIVE GOLFMARKET One ofthe objectives of this effortisto identifyanyopportunitiesthatmayexistfortheimproved “Baylands Golf Club”toincreasemarketshare,fees andrevenues.Inthissection,we present an overviewof thepublic accessgolf marketin which thecurrentPalo Alto GCoperates,with a focus onkeycompetitors.Themapbelowshows the location ofthesefacilities inrelation to Palo Alto Golf Course. Inthetablesthatfollow, NGF Consulting presents summaryoperationalinformationforthegolf facilities identified asdirect competition tothe Palo AltoGolf Course. NGFConsulting identified the primarycompetitorsbased on anumberoffactors, including price point,location,NGF experience in thismarket, andinputfrombothfacilitymanagementandCitystaff. National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –16 SummaryInformation – PrimaryCompetitors Thetable belowprovides summaryinformationregarding thegolf courseswe have identified as Palo Alto GC’s primarycompetitors. Palo Alto MunicipalGolfCourse KeyCompetitors – SummaryInformation Golf Facility Location Type Year Open Par/ Slope Front Tee/ Back Tee LocationRelative to PAGC* Palo Alto Municipal Golf Course Palo Alto MU18H 1956 72 / 122 5,744/ 6,833 -- Crystal SpringsGolf Course Burlingame MU18H 1924 72 / 127 5,580/ 6,628 16 mi NW Poplar Creek Golf Course San Mateo MU18H 1933 70 / 115 4,768/ 6,042 14.5mi NW San Jose Municipal Golf Course San Jose MU18H 1968 72 / 119 4,200/ 6,700 13 mi SE Santa Clara Golf & Tennis Club Santa Clara MU18H 1987 72 / 118 5,521/ 6,723 8.5 mi SE Santa Teresa Golf Club San Jose DF 27H 1963 71 / 126 4,011/ 6,742 24.5mi SE Shoreline Golf Links Mountain View MU18H 1983 72 / 129 5,437/ 6,996 2.5 mi SE Spring ValleyGolf Course Milpitas DF 18H 1956 70 / 113 5,453/ 6,116 15 mi E Sunnyvale Golf Course Sunnyvale MU18H 1969 70 / 118 5,170/ 5,742 5.5 mi SE *Air milesfrom subject site,roundedtohalf-mile; actual drivingdistances will likelybegreater. Type: DF–DailyFee; MU–Municipal National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –17 Thetable belowshows summaryfacilityinformation regarding Palo Alto MunicipalGolf Course andits primarycompetitors.Reported roundsfor2007 arefromthe2008 Economic Research Associatesreportto theCity. Averagegreen/cartrevenue perroundfor San Jose and SantaTeresaare estimated basedonERA 2007 numbers. SummaryOperating Data –Palo Alto MunicipalGolf CourseandPrimaryCompetitors Golf Facility Total 2007 Rounds Total 2011 Rounds Average Green / Cart Fee per Round 18-Hole Resident Green Fee (WD/WE) 18-Hole Non- Resident Green Fee (WD/WE) PerPerson 18-Hole Cart Fee 18-Hole Twilight Green Fee (WD/WE) 18-Hole Senior Resident Green Fee (WD/WE) 18-Hole Super-Twi Green Fee (WD/WE) Palo Alto Municipal GC 76,241 66,740 $30.20 / $4.50 $37/$47 $39/$49 $14 $30/$34 $28/DNA1 $26/$28 Crystal SpringsGolf Course 73,654 63,000* $24 /$8 DNA $44/$66 $16 $36/$43 $30/DNA $26/$36 Poplar Creek Golf Course 86,315 70,709 $33.11 / N/A $33$45 $38/$53 $13.50 $27/$33 $22/DNA1 $19/$25 San Jose Municipal GC 86,991 78,000* $32 /$5 DNA $37/$51 $14 $26/$33 $23/DNA $20/$24 Santa Clara Golf & Tennis 87,120 81,000 $26 /$10 $25/$34 $37/$50 $14 $17/$23 res $26/$29 n/r DNA2 $12/$14 res $16/$18 n/r Santa Teresa Golf Club 75,0003 65,000*$29.60 / $5.70 DNA $40/$46/$60 $13.50 $25/$29/$34 DNA $17/$19/$25 Shoreline Golf Links 67,135 50,000 $28 /$5.60 $31/$47 $38/$54 $12 $25/$28 $21/DNA1 $17/$17 Spring ValleyGolf Course N/A N/A N/A DNA $37/$55 $14 DNA/$45 $28 M-F $27/$30 Sunnyvale Golf Course 80,513 72,535 $28 /$4.50 DNA/$44 $35/$48 $13.50 $25/$26 res $25/$30 n/r DNA1 $16/$20 KEY *NGFConsultingestimate N/A–Informationnot available DNA–Does not apply/ Not offered Note: For SanJose, SantaTeresa, “afternoon” rates usedfor twilight and“twilight” forsupertwilight; for SpringValley, “midday” andafternoonusedfor twi /supertwi. 1 Non-resident seniors pay$33 at PaloAlto, $28at Shoreline; senior discounts at Poplar Creekarefor residents only. 2 SantaClaraoffers senior monthlyticket; Sunnyvaleoffers senior discount card. 3 Rounds listedareforregulation18-holecourseonly. National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –18 SummaryofFindings – PrimaryCompetitors Based on datareportedto NGFConsulting byareagolf operators, Palo Alto Golf Course is positionedquite similarlyto itschiefmunicipalcompetitors.Thereported averagegreenfeerevenue perroundamong thesubjectmunicipalfacilities in 2011 generallyfellbetween $28 and $32, while average cartrevenue perroundwas most commonlybetween $4.50 and $5.70. Postedgreenfees havebeengenerallyflat inthismarketforthelastseveralyears, with onlyperiodic marginalincreases aimed at costrecoveryat somecourses. Non-residentgreenfeesfallwithin a relativelynarrowrangeamong Palo Alto GC and itsmunicipalcompetitors,butNGFdid notethat Palo Altois atthe lowend ofthe non-residentpricing spectrum,particularlyon weekends.Webelieve thatan improved andre-branded Palo Altofacilityshould be ableto absorb$5to$10 increasesfornon-residentrounds,depending onthereconfiguration option chosen and varying byfeecategory. Of themunicipalgolf courses profiled(leased SantaTeresa excluded),allbut San Jose Municipaloffered afee discountforresidents (Sunnyvale restrictedthe discount to weekends). Most people NGF spoketo considerthe cityof Mountain View’s Shoreline Golf Links Courseto bePalo AltoGC’s mostdirectcompetitor.Shoreline’s reputationin terms of maintenancestandards hasreportedlytakenahit in recentyears,andthegolf course appearedtobe inonlyfair conditionduring NGF’s visit.Shoreline has dropped about one-thirdof itsrounds sincethemid 2000s andwas the least active facilityamong thekeycompetitorsin 2011,with areported 50,000rounds.Due to its location, Shoreline probablysuffersmorethanmost BayAreagolf courseswith the Canadian Geese problem.Therewere also a largenumber of cootsonthe course during ourvisit. As was the casewith nearlyeverygolfmarket NGF examined nationally, average annualrounds played atmanyBayAreagolf courses droppedby25%ormore between the late1990s/2000 andthemiddle part ofthe 2000s.Based onrounds reportedto NGF aspartof this studyeffort,rounds played among the direct competitive set have continued todecline sincethe 2006-07timeperiod,though variations in themostrecent years are atleast partlyattributable toweather variations. Even with thefalling activitylevels, roundsplayed per18 holesamong the subject municipalgolf coursesremain among the highestwe’ve observed anywhere in the U.S. Santa ClaraGolf &Tennis andSanJose Municipal, at±80,000rounds in recent years, arecurrentlythemostactive among the competitive set. Because of heightenedcompetitionandtoday’s economicrealities,fee discounting (e.g.,through internalyield management, useof internet wholesalers suchas golfnow.com),even among high-end dailyfeecourses,is nowcommonin theBay Areagolf market.As aresult,the linescan become blurredbetween “rack”ratesand what themajorityof customersareactuallypayingfor aroundofgolf.Thisdisparity is notcommon among the municipalgolf courseswe surveyed. National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –19 PALO ALTOGOLF COURSE MARKET POSITIONING ASSESSMENT NGF hasattemptedtoprovide a qualitative, or subjective,reviewof howPalo Alto GC, under both itscurrent configuration andthe alternatereconfiguration options being considered, stacks up against itskeycompetitorsasidentified above.The objective of thisrelative assessment isto provide somejustificationfor assuming anincrease inmarket share(andsustainablegreen fees)for Palo AltoGC, especiallywith themore intensive renovation options. NGF Consulting has scoredthekeycompetitorsto theplan options(A, D,F andG)for Palo Alto GC.A baseline score isalso providedfortheexisting Palo Altogolf courseandfacility. This scoring hasbeen accomplished bylooking attheamenities,coursequalityandreputation associated with eachcompetitivefacility. Reliance has beenmade onavailable reviews, NGF data,discussions with BayAreagolf writers/course reviewers and ourvisitstothesubject courses. Torank thereconfiguration plansfor PaloAlso we relied ontheschematicplanning work developed as of this date,together with ourratingsforthe planoptions.Scores are expressed as A+, A,A-, B+,B,etc.through D-. Because ofthe options(alternate) work tobe considered, no overall“average”grade is provided. Rather, categories ofcomparisons areprovided. Such scorings are both subjective and objective, combining impressionswithfacts aboutthefacilities, and in thiscase, proposed plans. Because ofthesubjective componentofthis review, personal opinion and disagreement with someoftherelative scoring should beexpected.Assuch,the scoring should beusedas amethodforthereadertoform opinions incombination with the otherreporting coveredwithin this report. ComparisonofPalo Alto GCto KeyCompetitors Golf Facility Clubhouse Facilities Practice Facilities Consumer Reputation Golf Conditions* Palo Alto(Existing) C- C+ C+ C Palo Alto(Option A) C- C+ B B- Palo Alto(OptionD) C- C+ A- B+ Palo Alto(OptionF) C- B A A- Palo Alto(OptionG) C- B+ A+ A SanJose Golf Course D A- A- B- SantaClaraGolf &Tennis B A- A- C+ ShorelineGolf Links B+ B+ C C- SunnyvaleGolf Course C- D- D- C+ Crystal Springs Golf Course A- B+ B+ B Poplar Creek Golf Course A- D B- B SantaTeresaGolf Club B- B B- B- Spring Valley B- B- C+ C+ *As observedJanuary-February 2012 National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –20 Financial Performance Models for Palo Alto Golf Course As part ofthis studyeffort,NGFConsulting hasprepared ananalysis to showwhat the potential economic performance of Palo AltoMunicipalGolf Course could beconsidering the reconfiguration options presentedin thisreport.Inthissection,we estimate thefacility’s economic performance based on aset of assumptions thatmayormaynot becomereality.We feelthattheseestimatesrepresentthe besteffortto createa“fairestimateof performance”for thisfacilitybased on ourunderstanding ofthegolffacilityoperation, itsplace in themarket and the changesproposed inthevarious renovation options. ThePalo Alto Municipal GCperformancehasbeen projectedunderthe assumption thatthe operation iscontinued‘as-is’with threeseparatecontractsformaintenance, pro shopand food/beverage.The basic contractterms inplacein FY2012 areassumedto continuethrough FY2021.TheNGFhas also assumed a“standard”setof externalassumptionsforregional economic performance,consumerdiscretionaryincome,and weather, with neithersevere declines nor increases inanyof thesemeasuresthrough 2021. RECENT HISTORICAL PALO ALTOGC PERFORMANCE In ordertoputtheproforma projections incontext, we have summarized thefive-year performancehistoryof Palo Alto GCin thetable below. Palo Alto MunicipalGolfCourse HistoricalRevenue Performance(2008-2011) Revenues FY2008 FY2009 FY2010 FY2011 GreenFees $2,169,230 $2,073,809 $1,958,234 $1,859,473 CartFees 345,656 313,224 339,090 302,815 Driving Range 346,447 365,908 399,773 343,878 MonthlyPlayCards 161,368 161,544 135,848 154,933 Tournament/LeagueFees 2,227 2,651 1,921 2,190 Class Program /Other Fees 0 0 0 11,844 TotalGolf CourseRevenues $3,024,928 $2,917,136 $2,834,866 $2,675,133 OtherRevenue Merchandise Sales 718,450 737,050 684,725 663,400 Food Sales 667,000 0 610,725 637,800 Liquor Sales 172,000 0 141,850 149,000 F &BConcession Payments FixedLease $0 $43,811 $0 $0 Variable Portion $58,730 $0 $52,680 $55,076 UtilityPayment $25,920 $19,440 $28,080 $25,920 TotalF &BConcession Payments $84,650 $63,251 $80,760 $80,996 Pro Shop Concession Payments FixedLease $0 $0 $0 $0 Merchandise(4%) $28,738 $29,482 $27,389 $26,536 TotalPro Shop Concession Payments $28,738 $29,482 $27,389 $26,536 TotalGrossMargin to City $3,138,316 $3,009,869 $2,943,015 $2,782,665 RoundsPlayed 77,989 75,511 69,791 67,381 National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –21 Palo Alto MunicipalGolfCourse HistoricalExpense andNetIncomePerformance (2008-2011) Expenses FY2008 FY2009 FY2010 FY2011 Salaries & Benefits $951,786 $929,335 $721,596 $259,455 RangeFees 138,579 152,745 142,267 130,152 CartFees 131,789 127,836 121,630 117,529 ClubFees 6,473 6,198 5,424 5,576 FixedLozares ManagementFee 373,435 409,989 388,898 381,544 Contract Maintenance ---475,000 Repairs &maintenance 34,791 39,295 33,321 21,943 Advertising & Publish 5,560 6,583 4,299 10,765 Supplies and Materials 129,891 144,037 119,458 43,742 Gen.,Rents,Fac. & Equip 5,959 2,736 944 675 Water Expense 279,326 409,132 271,495 361,870 Other DirectCharges 36,998 39,255 38,882 45,263 IndirectCharges 108,641 132,072 110,343 102,571 TotalCityOperating Expenses $2,203,228 $2,399,213 $1,958,557 $1,956,085 Net Income From Operations(Loss)$935,088 $610,656 $984,458 $826,580 Incomefrom Sale of Property $35,230 D/SIncome $33,629 $32,855 $32,200 $0 TotalNon-Operating 33,629 32,855 32,200 35,230 TotalIncome(Incl.Non-operating)$968,717 $643,511 $1,016,658 $861,810 Debt Service $559,795 $555,686 $560,674 $559,539 PaymenttoGeneralFund $94,849 $94,849 $47,684 $94,849 CostPlan Charges $337,590 $318,969 $332,155 $41,455 TotalDebt /OtherCharges $992,234 $969,504 $940,513 $695,843 Net Income or(Loss)($23,517)($325,993)$76,145 $165,967 Source: Cityof PaloAlto Rounds played at Palo Alto GCdecreased steadilyfromFY2008to FY2011,falling bya totalof 10,608,or13.6%. During thesametime,bothgolf revenues andnet incomefrom operations declined by11.6%. Despite thesignificantdecline in rounds andrevenues, net income afterdebt service, generalfundpaymentsand costplan chargesimproved bynearly$500,000 between FY2009 and FY2011 due toareductionin operating expenses andasignificant decrease incostplan charges associated withthe conversion toprivatizedgolf course maintenance. National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –22 PROJECTIONSBASEDON “OPTION A” NGF Consulting has created acashflowmodelforthe continued operation of Palo Alto MunicipalGolf Course(to bere-branded as“Baylands Golf Club)underthe assumption ofthe “Option A”improvements.Theseimprovementsassumethebasicminimum upgrades needed to improve thefacilitywithin the SFCJPAfloodmitigation project,with no substantialchangeto the character ofthegolf course.The NGFrevenue estimatehas beencombined with the presentoperating structureto provide afullestimate of Baylands GCperformanceforthenext 10 years, assuming successfulcompletion ofthe“Option A” upgrades.TheNGFhas projected growth to over$2.8million in totalgrossfacilityrevenue to theCity(from allsources)by2016. KeyAssumptions TheBase assumptions in preparing theprojectedfinancialperformanceestimates covers severalcategories, including rounds activity, greenfees, averagerevenues (carts,range, concessions,etc.),totalrevenue, expenses, capitaland debt. Under allscenarios, we have assumeduse ofmorecomplimentaryand discountrounds intheinitialyears afterreopeningfor the purposesofgaining back lostcustomers,stimulatingtrial, andgeneralpromotions. Rounds Performance Theroundsactivityperformanceassumptionsinclude: Rounds in FY2012 assume a3%reductionfromFY2011 totalroundsbased on actualperformanceinthefirst 6monthsof FY2012 asreported bystaff. Rounds in FY2013 assume ‘as-is’operationon 18 holesforthefirst 9months,then operation ononly9 holesforthe last 3months. During thelastthreemonths a reduction of 50%off historicalroundsforthe corresponding month isassumed.All roundsfrom April-June 2013 areassumedto be9-hole rounds. Rounds in FY2014 assume operation on9holesforthefirst6months,then operation with an upgraded 18 holesfor January-June 2014.Allroundsfrom July- December2013 are assumedto be9-holerounds with a reduction of 50% off historicaltotalsforthecorresponding month. Rounds projectionsassume increasesto astabilized levelof 68,200by2017. Theoveralldistribution ofrounds bycategoryis shown in the table below: National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –23 Palo Alto MunicipalGolfCourse(Baylands GC) Projected Activityfor Option A(2012-2021) As-Is 9-Mos.18-H/ 3Mos.9-H 6-Mos.18-H/ 6Mos.9-H Operateon 18-holeswith modest upgrade to thegolf coursedesign FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 -2021 Weekday 18-Hole 5,400 3,500 2,200 5,200 5,300 5,600 Senior Non-Resident 6,300 4,200 2,300 5,850 6,200 6,500 9-Hole 1,500 6,400 11,500 1,500 1,600 1,700 Senior 900 600 500 900 1,000 1,000 Junior 1,400 1,000 600 1,350 1,400 1,500 EarlyBird 700 500 300 600 700 700 Twilight 11,300 7,800 4,500 10,800 11,000 11,600 Specials 7,500 5,400 3,500 9,400 7,600 8,000 Junior Card 1,100 800 500 1,050 1,200 1,200 Senior Card 800 600 400 900 1,000 1,000 Non-ResidentSenior Card 4,000 2,600 1,500 3,750 4,000 4,200 Sub-TotalWeekday 40,900 33,400 27,800 41,300 41,000 43,000 Weekend 18-Hole 10,200 7,000 4,000 8,550 9,800 10,300 9Hole 1,900 8,700 12,500 1,850 2,000 2,100 Junior 800 600 400 800 900 900 Twilight 6,200 4,100 2,400 5,800 6,000 6,400 Sub-TotalWeekend 19,100 20,400 19,300 17,000 18,700 19,700 ComplimentaryPlay 2,500 1,700 1,200 2,500 2,500 2,500 Tournaments 2,200 1,500 1,000 2,000 2,500 3,000 TOTAL ROUNDS 64,700 57,000 49,300 62,800 64,700 68,200 Average Fees / Revenue Theaveragegreenfeesperround bycategoryare shown in thetablethatfollows. Key assumptions driving thisestimate include: There is nochangein averagefeesforFY2012 over FY2011. Theonlyadjustmentin FY2013 isforthe 9-holerate,which has been adjusted downward to reflectthevariousforms of discounting expectedto bepresent when thefacilityis operating on only9 holes inthefinal3monthsof FY2013and thefirst6 monthsof FY2014.NGFhas assumed 9-holegreenfeewillgo as lowas $12.00 per round in somediscountcategories(e.g.,lateafternoon replayrate). Upon re-opening on 18holes (assumedJanuary1, 2014),averagefees ineach categoryareincreasedapproximately5% over FY2012 (rounded). For FY2015through FY2021, NGF hasassumed1% annualincreases inallfee categories. Average Cartfeeand driving rangerevenue perround in FY2012 isbasedonthe actuals in FY2011. For FY2013, average cart/rangerevenue perroundisreduced by20% (from 2011)toreflecttheoperation on only9 holes thelast3months. For National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –24 FY2014, average cartand rangerevenue isreduced by30%(fromFY2011)toreflect 6 months on9holes. ByFY2015, average cartand rangerevenue isrestored atthe 2011 leveland then increased by1%peryear through 2021. Averagemerchandisesales in FY2012 arebasedon theactualin FY2011.Average sales arereducedby20% (from2011)in FY2013 toreflect9 holes-onlythe last 3 months, and30% in FY2014 toreflect6monthson 9 holes.ByFY2015,average sales arerestoredtothe2011 level with 1% increases through2021. Averagefood andbarsales in FY2012 arebasedon theactualin FY2011.Average sales arereducedby20% (from2011)in FY2013 toreflect9 holes-onlythe last 3 months, and30% in FY2014 toreflect6monthson 9-holes.ByFY2015, average sales arerestoredtothe2011 level with 1% increases through2021. Theaveragegreenfeesbycategoryand ancillaryrevenue perroundareshown in thetable below(assume1% annualincreasesforFY2018-2021 asnoted): Palo Alto MunicipalGolfCourse(Baylands GC) Projected Average Green FeesforOption A(2012-2021) As-Is 9-Mos. 18-H/3 Mos.9-H 6-Mos. 18-H/6 Mos.9-H Operateon 18-holeswith modest upgradeto thegolf coursedesign FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 Weekday 18-Hole $37.00 $37.00 $39.00 $39.39 $39.78 $40.18 Senior Non-Resident $32.00 $32.00 $33.50 $33.84 $34.17 $34.52 9-Hole $23.00 $18.00 $17.00 $25.00 $25.25 $25.50 Senior $28.00 $28.00 $29.50 $29.80 $30.09 $30.39 Junior $14.75 $14.75 $15.50 $15.66 $15.81 $15.97 EarlyBird $23.00 $23.00 $24.00 $24.24 $24.48 $24.73 Twilight $30.00 $30.00 $31.50 $31.82 $32.13 $32.45 Specials $19.00 $19.00 $20.00 $20.20 $20.40 $20.61 Junior Card $19.70 $19.70 $20.75 $20.96 $21.17 $21.38 Senior Card $23.50 $23.50 $24.75 $25.00 $25.25 $25.50 Non-ResidentSenior Card $27.50 $27.50 $29.00 $29.29 $29.58 $29.88 Weekend 18-Hole $47.00 $47.00 $49.50 $50.00 $50.49 $51.00 9Hole $27.00 $24.75 $25.75 $28.75 $29.04 $29.33 Junior $15.80 $15.80 $16.50 $16.67 $16.83 $17.00 Twilight $34.00 $34.00 $35.75 $36.11 $36.47 $36.83 Tournaments $34.60 $34.60 $36.50 $36.87 $37.23 $37.61 Avg.Cart Fee/ Round $4.54 $3.63 $3.18 $4.54 $4.58 $4.63 Avg.Range Revenue /Round $5.15 $4.12 $3.61 $5.15 $5.20 $5.26 Merchandise Sales /Round $9.94 $7.95 $6.96 $9.94 $9.94 $10.14 Foodper Round $9.56 $7.64 $6.69 $9.56 $9.65 $9.75 Bar per Round $2.23 $1.79 $1.56 $2.23 $2.26 $2.28 National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –25 Other Revenue Assumptions Totalgreenfeerevenue includes alldiscount(10-play) cards andmonthlypasses. Ancillaryrevenue per round (carts,merchandise,range,food,bar, other) isderived fromtotalrounds, including complimentaryrounds. Concession revenue tothe Cityof Palo Altoassumesthesamecurrentcontract basics through FY2021,with nominimumsafter April 2013.The Cityisassumed to collect:(1)7%of allF& B revenue;and(2)4%of merchandise sales. Expense Assumptions Labor expenses areforCityoversight only.These include allocationsforcontract oversight, Parks andRecreation Director,Division manager,etc.The estimateis intended toinclude bothsalaryand benefitsallocation and isincreasedby4.5% per year throughFY2021. Commissions paidtotheproshop vendorinclude 38%of driving rangegross revenue and 40%ofgross cartrevenue (aspercontract). Theproshopmanagementfee isfixed at $28,775 permonthforthefullduration of the NGF projection. Reimbursementsformerchantfees(mostlycreditcardfees)areassumedto be 1.4%of totalfacilityrevenue. Contractmaintenanceexpense totheCityof Palo Alto assumes: $62,500 permonthfor FY2012. $62,500 permonthforthefirst 9months,then$37,500 permonthsforthe last 3months of FY2013. $37,500 permonthforthefirst 6months,then$66,667 permonthsforthe last 6months of FY2014. $66,667 permonthin FY2015,growing at1.5% annuallythrough2021. Other expensessuch asrepairs,maintenance,supplies, clubfees,materials and otherindirectexpensesare allbasedon actualfiguresforFY2011 with 20% reduction inFY2013 and30%reduction in FY2014,returning toFY2011 levels in FY2015 plus 1.5% increases assumedthrough FY2021. Advertising andpublishing expense is reduced by50% during constructionand operation on9 holes,totaling 15%reduction in FY2013. Uponre-opening thegolf coursethis expense isassumedtoincreaseto$45,000to accountfor enhanced marketing ofthe upgradedfacilityand re-themeas “Baylands GC.”Advertising and publishing expense is then reducedin subsequent yearstoa“standard”of around $17,000 per year. Water expense hasbeenhighlyvariable and NGFprojectionsarebasedon the4- year average(2008-2011),with assumptions of reductions in useasdescribed previously: 25%reduction during construction 28%reduction uponre-opening Annualincreases are assumed at 20%for 2013,15%for2014,9%for 2015, 3%for2016,2%for 2017 and 4.5%for FY2018through FY2021. National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –26 Other directcharges(including electric) arebased on actualfiguresforFY2011 with 20%reduction inFY2013 and 30%reductionin FY2014. Aslightreductionexpected upon re-opening thegolfcourse inFY2015 (as described bythearchitect).Annual increase of 1.5%is assumedfrom FY2015through FY2021. Debt Service andOtherNon-Operating Expense Assumptions Non-operating revenue attributedto debtservice is assumedto continue at6%of debt service payment aslong aspaymentscontinue (throughFY2019). Debt service paymentswere provided bythe Cityof Palo Alto. ThepaymenttotheGeneralFund($94,849) expires after FY2012. There is anewpaymentof ± $107,000totheGeneralFundfrom FY2015–FY2019 forrepaymentof aloanforthe difference between theestimatedcapitalcostfor Option Aandthe expected reimbursementfromthe SFCJPA. TheCostPlan Chargesare basedon actual2011 chargeswith historical3%growth throughtheend of FY2021. TheNGFhas addeda new“Operating & CapitalReserve” line totheproforma beginning in FY2015, setat10%ofgreenfeerevenue. Option Aalso assumesthatthefullirrigationreplacementwillbe completed in FY2020 (orby2020)atacostof $750,000(real2012 dollars). Pro Forma Estimate for ‘Option A’ Scenario – FY2012– FY2021 Utilizing theabove assumptionsand activity/revenue estimates, NGF Consulting has prepareda proformaforthenext 10years of operation,including FY2012(alreadyunderway).Thetable shows thattherenovated Baylands Golf Clubcould produce netincometo theCityin therange of $690,000to $950,000(before debt,cost plan and reserve) throughthetermof thecurrent debt program.AftertheCityis no longerresponsible for debt payments(beginning in FY2020), thefacilityis expected toproducenetincometothe City, afterallexpenses and charges, inthe range of±$620,000,althougha one-timeexpense of $750,000is projectedfor 2020toupgrade the irrigation system.Asthis is aprojection, allfigures after FY2012have been roundedtothe nearest$100forsimplicity. National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –27 Palo Alto Golf CourseRevenue / Expense -Option A Revenues FY2011 Actual FY2012 Projected FY2013 Projected FY2014 Projected FY2015 Projected FY2016 Projected FY2017 Projected FY2018 Projected FY2019 Projected FY2020 Projected FY2021 Projected Golf Course Revenues Green Fees (Incl. Cards) $2,016,537 $1,960,100 $1,605,200 $1,313,900 $1,967,700 $2,090,000 $2,233,100 $2,255,400 $2,278,000 $2,300,700 $2,323,800 Cart Fees 302,799 293,500 206,900 156,600 284,900 296,500 315,600 318,800 322,000 325,200 328,500 Driving Range 343,911 333,400 235,000 177,800 323,600 336,700 358,500 362,100 365,700 369,400 373,100 Tournament /League Fees 2,196 2,100 1,900 1,600 2,100 2,100 2,200 2,200 2,200 2,200 2,200 Other 11,813 11,500 8,100 6,100 11,100 11,500 12,300 12,300 12,600 12,600 12,800 Total Golf Course Revenues $2,677,256 $2,600,600 $2,057,100 $1,656,000 $2,589,400 $2,736,800 $2,921,700 $2,950,800 $2,980,500 $3,010,100 $3,040,400 ConcessionPayments FoodandBeverage Concession Variable Portion $55,076 $53,400 $37,600 $28,500 $51,800 $53,900 $57,400 $58,000 $58,600 $59,200 $59,700 UtilityPayment $25,920 $25,900 $26,400 $26,400 $26,900 $26,900 $27,400 $27,400 $27,900 $27,900 $28,500 Total fromF &B Concession $80,996 $79,300 $64,000 $54,900 $78,700 $80,800 $84,800 $85,400 $86,500 $87,100 $88,200 ProShop Lease Merchandise (4%) $26,536 $25,700 $18,100 $13,700 $25,000 $25,700 $27,700 $27,700 $28,200 $28,200 $28,800 Total FromProShop Concession $26,536 $25,700 $18,100 $13,700 $25,000 $25,700 $27,700 $27,700 $28,200 $28,200 $28,800 Total Gross toCity $2,784,788 $2,705,600 $2,139,200 $1,724,600 $2,693,100 $2,843,300 $3,034,200 $3,063,900 $3,095,200 $3,125,400 $3,157,400 OperatingExpenses FY2011 Actual FY2012 Projected FY2013 Projected FY2014 Projected FY2015 Projected FY2016 Projected FY2017 Projected FY2018 Projected FY2019 Projected FY2020 Projected FY2021 Projected Salaries&Benefits $259,455 $139,000 $145,300 $151,800 $158,600 $165,700 $173,200 $181,000 $189,100 $197,600 $206,500 Range Fees 130,152 126,700 89,300 67,600 123,000 127,900 136,200 137,600 139,000 140,400 141,800 Cart Fees 117,529 117,400 82,800 62,600 114,000 118,600 126,200 127,500 128,800 130,100 131,400 Club Fees 5,576 5,700 4,600 4,000 5,700 5,800 5,900 6,000 6,100 6,200 6,300 Fixed Lozares ManagementFee 345,333 345,300 345,300 345,300 345,300 345,300 345,300 345,300 345,300 345,300 345,300 Merchant Fees Reimbursement 36,211 36,400 28,800 23,200 36,300 38,300 40,900 41,300 41,700 42,100 42,600 Contract Maintenance 475,000 750,000 675,000 625,000 800,000 812,000 824,200 836,600 849,100 861,800 874,700 Repairs&maintenance 21,943 22,300 17,800 15,600 22,300 22,600 22,900 23,200 23,500 23,900 24,300 Advertising&Publish 10,765 10,900 9,300 45,000 30,000 17,000 17,300 17,600 17,900 18,200 18,500 Supplies and Materials 44,417 45,100 36,100 31,600 45,100 45,800 46,500 47,200 47,900 48,600 49,300 WaterExpense 361,870 246,000 277,400 207,000 195,000 200,900 204,900 214,100 223,700 233,800 244,300 National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –28 Palo Alto Golf CourseRevenue / Expense -Option A Revenues FY2011 Actual FY2012 Projected FY2013 Projected FY2014 Projected FY2015 Projected FY2016 Projected FY2017 Projected FY2018 Projected FY2019 Projected FY2020 Projected FY2021 Projected Other DirectCharges (Incl.Electric) 45,263 45,900 36,700 32,100 44,700 45,400 46,100 46,800 47,500 48,200 48,900 Indirect Charges 102,571 104,100 83,300 72,900 104,100 105,700 107,300 108,900 110,500 112,200 113,900 Total CityOperating Expenses $1,956,085 $1,994,800 $1,831,700 $1,683,700 $2,024,100 $2,051,000 $2,096,900 $2,133,100 $2,170,100 $2,208,400 $2,247,800 Net IncomeFromOperations (Loss)$828,703 $740,700 $333,200 $66,600 $694,700 $818,100 $963,200 $956,700 $951,000 $917,000 $909,600 Non-operating Incomefrom Sale ofProperty 35,230 D/SIncome $0 $29,900 $25,700 $25,700 $25,700 $25,800 $25,900 $25,900 $25,900 $0 $0 Total Non-operating $35,230 $29,900 $25,700 $25,700 $25,700 $25,800 $25,900 $25,900 $25,900 $0 $0 Total Income(Incl.Non-operating)$863,933 $656,200 $299,900 $30,700 $651,700 $770,300 $908,200 $899,200 $890,900 $854,200 $844,000 DebtService $559,539 $499,000 $428,200 $429,000 $428,200 $430,800 $432,200 $432,300 $431,200 $0 $0 PaymenttoGeneral Fund $94,849 $94,800 $0 $0 $107,600 $107,600 $107,600 $107,600 $107,600 $0 $0 NewDebtService $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Additional Capital $0 $0 $0 $0 $0 $0 $0 $0 $0 $750,000 $0 Reserve for Replacement $0 $0 $0 $0 $196,800 $209,000 $223,300 $225,500 $227,800 $230,100 $232,400 CostPlan Charges $41,455 $42,700 $44,000 $45,300 $46,700 $48,100 $49,500 $51,000 $52,500 $54,100 $55,700 Total Debt /OtherCharges $695,843 $636,500 $472,200 $474,300 $779,300 $795,500 $812,600 $816,400 $819,100 $1,034,200 $288,100 Net Incomeor (Loss)$168,090 $104,200 ($139,000)($407,700)($84,600)$22,600 $150,600 $140,300 $131,900 ($117,200)$621,500 National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –29 PROJECTIONSBASEDON “OPTIOND” TheNGFcashflowmodelforoperation under“Option D”assumes amore significant upgrade tothefacilitywith a“more dramatictransformation” asdescribed bythegolf course architect. TheNGFrevenue estimate hasbeencombinedwith thepresent operating structuretoprovide a fullestimate of BaylandsGCperformanceforthenext 10 years,assumingsuccessful completion ofthe“Option D” upgrades.TheNGFhas projectedgrowthtoover $3.0million in totalgrossrevenue (fromallsources)totheCityby2016. KeyAssumptions TheBase assumptions in preparing theprojectedfinancialperformancematchthosepresented in the projectionforOption A,exceptthefollowing changes noted below: Rounds Performance Theroundsactivityperformanceassumptionsinclude: Rounds in FY2013 assume ‘as-is’operationon 18 holesforthefirst 9months,then operation ononly9 holesforthe last 3months. During thelastthreemonths a reduction of 50%off historicalroundsforthe corresponding month isassumed.All roundsfrom April-June 2013 areassumedto be9-hole rounds. Rounds in FY2014 assume operation on9holesforthefirst7months,then operation with an upgraded 18 holesfor February-June 2014. AllroundsfromJuly 2013 through January2014 areassumedto be9-hole rounds with areduction of 50% offhistoricaltotalsforthe corresponding months. Rounds in FY2015throughFY2021 assumeincreases toastabilized levelof 73,300 by2017. Theoveralldistribution ofrounds bycategoryis shown in the table below: National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –30 Palo Alto MunicipalGolfCourse(Baylands GC) Projected Activityfor OptionD(2012-2021) As-Is 9-Mos.18- H/3Mos. 9-H 5-Mos.18- H/7Mos. 9-H Operateon 18-holeswith upgraded golf design and moreappealing features FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 -2021 Weekday 18-Hole 5,400 3,500 1,800 5,500 5,800 6,100 Senior Non-Resident 6,300 4,200 2,100 6,200 6,550 6,900 9-Hole 1,500 6,400 11,000 1,600 1,600 1,700 Senior 900 600 300 1,100 1,150 1,200 Junior 1,400 1,000 400 1,350 1,400 1,500 EarlyBird 700 500 200 800 850 900 Twilight 11,300 7,800 3,700 11,200 11,750 12,400 Specials 7,500 5,400 3,000 7,550 8,000 8,400 Junior Card 1,100 800 400 1,150 1,250 1,300 Senior Card 800 600 300 1,000 1,050 1,100 Non-ResidentSenior Card 4,000 2,600 1,200 3,950 4,200 4,400 Sub-TotalWeekday 40,900 33,400 24,400 41,400 43,600 45,900 Weekend 18-Hole 10,200 7,000 3,500 9,900 10,450 11,000 9Hole 1,900 8,700 11,900 2,000 2,150 2,200 Junior 800 600 300 900 950 1,000 Twilight 6,200 4,100 2,100 6,000 6,350 6,700 Sub-TotalWeekend 19,100 20,400 17,800 18,800 19,900 20,900 ComplimentaryPlay 2,500 1,700 1,000 2,500 2,500 2,500 Tournaments 2,200 1,500 800 3,000 3,500 4,000 TOTAL ROUNDS 64,700 57,000 44,000 65,700 69,500 73,300 Average Fees / Revenue Theaveragegreenfeesperround bycategoryare shown in thetablethatfollows. Key assumptions driving thisestimate include: Theonlyadjustmentin FY2013 isforthe 9-holerate,which has been adjusted downward to reflectthevariousforms of discounting expectedto bepresent when thefacilityis operating on only9 holes inthefinal3monthsof FY2013and thefirst7 monthsof FY2014. Upon re-opening on 18holes (assumedJanuary1, 2014),averagefees ineach categoryareincreasedapproximately10% over FY2012 (rounded). Average Cartfeeand driving rangerevenue perround in FY2012 isbasedonthe actuals in FY2011. For FY2013, average cart/rangerevenue perroundisreduced by20% (from 2011)toreflecttheoperation on only9 holes thelast3months. For FY2014, average cartand rangerevenue isreduced by30%(fromFY2011)toreflect 7 months on9holes. ByFY2015, average cartand rangerevenue isrestored atthe 2011 leveland then increased by1%peryear through 2021. National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –31 Averagemerchandisesales in FY2012 arebasedon theactualin FY2011.Average sales arereducedby20% (from2011)in FY2013 toreflect9 holes-onlythe last 3 months, and30% in FY2014 toreflect7monthson 9 holes.ByFY2015,average sales arerestoredtothe2011 level with 1% increases through2021. Averagefood andbarsales in FY2012 arebasedon theactualin FY2011.Average sales arereducedby20% (from2011)in FY2013 toreflect9 holes-onlythe last 3 months, and30% in FY2014 toreflect7monthson 9 holes.ByFY2015,average sales arerestoredtothe2011 level with 1% increases through2021. Theaveragegreenfeesbycategoryand ancillaryrevenue perroundareshown in thetable below(assume1% annualincreasesforFY2018-2021 asnoted): Palo Alto MunicipalGolfCourse(Baylands GC) Projected Average Green FeesforOptionD(2012-2021) As-Is 9-Mos. 18-H/3 Mos.9-H 5-Mos. 18-H/7 Mos.9-H Operateon 18-holeswith upgraded golf design and more appealing features FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 Weekday 18-Hole $37.00 $37.00 $41.00 $41.41 $41.82 $42.24 Senior Non-Resident $32.00 $32.00 $35.00 $35.35 $35.70 $36.06 9-Hole $23.00 $18.00 $17.00 $25.00 $25.25 $25.50 Senior $28.00 $28.00 $31.00 $31.31 $31.62 $31.94 Junior $14.75 $14.75 $16.25 $16.41 $16.58 $16.74 EarlyBird $23.00 $23.00 $25.50 $25.76 $26.01 $26.27 Twilight $30.00 $30.00 $33.00 $33.33 $33.66 $34.00 Specials $19.00 $19.00 $21.00 $21.21 $21.42 $21.64 Junior Card $19.70 $19.70 $21.75 $21.97 $22.19 $22.41 Senior Card $23.50 $23.50 $26.00 $26.26 $26.52 $26.79 Non-ResidentSenior Card $27.50 $27.50 $30.00 $30.30 $30.60 $30.91 Weekend 18-Hole $47.00 $47.00 $52.00 $52.52 $53.05 $53.58 9Hole $27.00 $24.75 $27.25 $28.75 $29.04 $29.33 Junior $15.80 $15.80 $17.50 $17.68 $17.85 $18.03 Twilight $34.00 $34.00 $37.50 $37.88 $38.25 $38.64 Tournaments $34.60 $34.60 $38.00 $38.38 $38.76 $39.15 National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –32 Expense Assumptions Contractmaintenanceexpense totheCityof Palo Alto assumes: $62,500 permonthfor FY2012. $62,500 permonthforthefirst 9months,then$37,500 permonthsforthe last 3months of FY2013. $37,500 permonthforthefirst 7months,then$71,000 permonthsforthe last 5months of FY2014. $71,000 permonthin FY2015,growing at1.5% annuallythrough2021. Other expensessuch asrepairs,maintenance,supplies, clubfees,materials and otherindirectexpensesare allbasedon actualfiguresforFY2011 with 20% reduction inFY2013 and30%reduction in FY2014,returning toFY2011 levels in FY2015 plus 1.5% increases assumedthrough FY2021. Water expense hasbeenhighlyvariable and NGFprojectionsarebasedon the4- year average(2008-2011),with assumptions of reductions in useasdescribed previously: 25%reduction during construction 32%reduction uponre-opening Annualincreases are assumed at 20%for 2013,15%for2014,9%for 2015, 3%for2016,2%for 2017 and 4.5%for FY2018through FY2021. Other directcharges(including electric) arebased on actual2011totals,based on actualfiguresforFY2011 with 20%reductioninFY2013 and 30%reduction in FY2014. Aslightreduction expected uponre-opening thegolf course inFY2015 (as described bythearchitect). Annualincrease of 1.5% is assumedfrom FY2015 throughFY2021. Debt Service andOtherNon-Operating Expense Assumptions There is anewpaymentof ± $223,700totheGeneralFundfrom FY2015–FY2019 forrepaymentof aloanforthe difference between theestimatedcapitalcostfor Option Dandthe expected reimbursementfromthe SFCJPA. Option Dalso assumesthatthefullirrigationreplacementwillbe completed in FY2020 (orby2020)atacostof $500,000(real2012 dollars). Pro Forma Estimate for ‘Option D’ Scenario – FY2012– FY2021 Utilizing theabove assumptionsand activity/revenue estimates, NGF Consulting has prepareda proformaforthenextfive years of operation,including FY2012(alreadyunderway).Thetable shows that with amorecomprehensive renovation,the Baylands GCcould producenetincome tothe Cityintherange of $930,000to $1.27million (beforedebt, costplan andreserve)through theterm ofthecurrentdebt program.AftertheCityis no longerresponsiblefor debt payments (beginning inFY2020),thefacilityis expectedtoproduce net incometothe Cityin therangeof $915,000 per year,althoughthere is aone-timeexpense of $500,000forirrigation in 2020. National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –33 Palo Alto Golf CourseRevenue / Expense -OptionD Revenues FY2011 Actual FY2012 Projected FY2013 Projected FY2014 Projected FY2015 Projected FY2016 Projected FY2017 Projected FY2018 Projected FY2019 Projected FY2020 Projected FY2021 Projected Golf Course Revenues Green Fees (Incl. Cards) $2,016,537 $1,960,100 $1,605,200 $1,213,500 $2,204,500 $2,361,900 $2,522,200 $2,547,500 $2,572,900 $2,598,700 $2,624,600 Cart Fees 302,799 293,500 206,900 139,700 298,100 318,500 339,200 342,600 346,100 349,500 353,000 Driving Range 343,911 333,400 235,000 158,700 338,600 361,700 385,300 389,200 393,100 397,000 401,000 Tournament /League Fees 2,196 2,100 1,900 1,400 2,200 2,300 2,400 2,400 2,400 2,400 2,400 Other 11,813 11,500 8,100 5,500 11,600 12,300 13,200 13,200 13,500 13,500 13,800 Total Golf Course Revenues $2,677,256 $2,600,600 $2,057,100 $1,518,800 $2,855,000 $3,056,700 $3,262,300 $3,294,900 $3,328,000 $3,361,100 $3,394,800 ConcessionPayments FoodandBeverage Concession Variable Portion $55,076 $53,400 $37,600 $25,400 $54,200 $57,900 $61,700 $62,300 $62,900 $63,600 $64,200 UtilityPayment $25,920 $25,900 $26,400 $26,400 $26,900 $26,900 $27,400 $27,400 $27,900 $27,900 $28,500 Total fromF &B Concession $80,996 $79,300 $64,000 $51,800 $81,100 $84,800 $89,100 $89,700 $90,800 $91,500 $92,700 ProShop Lease Merchandise (4%) $26,536 $25,700 $18,100 $12,200 $26,100 $27,600 $29,700 $29,700 $30,300 $30,300 $30,900 Total FromProShop Concession $26,536 $25,700 $18,100 $12,200 $26,100 $27,600 $29,700 $29,700 $30,300 $30,300 $30,900 Total Gross toCity $2,784,788 $2,705,600 $2,139,200 $1,582,800 $2,962,200 $3,169,100 $3,381,100 $3,414,300 $3,449,100 $3,482,900 $3,518,400 OperatingExpenses FY2011 Actual FY2012 Projected FY2013 Projected FY2014 Projected FY2015 Projected FY2016 Projected FY2017 Projected FY2018 Projected FY2019 Projected FY2020 Projected FY2021 Projected Salaries&Benefits $259,455 $139,000 $145,300 $151,800 $158,600 $165,700 $173,200 $181,000 $189,100 $197,600 $206,500 Range Fees 130,152 126,700 89,300 60,300 128,700 137,400 146,400 147,900 149,400 150,900 152,400 Cart Fees 117,529 117,400 82,800 55,900 119,200 127,400 135,700 137,000 138,400 139,800 141,200 Club Fees 5,576 5,700 4,600 4,000 5,700 5,800 5,900 6,000 6,100 6,200 6,300 Fixed Lozares ManagementFee 345,333 345,300 345,300 345,300 345,300 345,300 345,300 345,300 345,300 345,300 345,300 Merchant Fees Reimbursement 36,211 36,400 28,800 21,300 40,000 42,800 45,700 46,100 46,600 47,100 47,500 Contract Maintenance 475,000 750,000 675,000 595,800 852,000 864,800 877,800 891,000 904,400 918,000 931,800 Repairs&maintenance 21,943 22,300 17,800 15,600 22,300 22,600 22,900 23,200 23,500 23,900 24,300 Advertising&Publish 10,765 10,900 9,300 45,000 30,000 17,000 17,300 17,600 17,900 18,200 18,500 Supplies and Materials 44,417 45,100 36,100 31,600 45,100 45,800 46,500 47,200 47,900 48,600 49,300 WaterExpense 361,870 246,000 277,400 204,000 161,000 165,800 169,100 176,700 184,700 193,000 201,700 National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –34 Palo Alto Golf CourseRevenue / Expense -OptionD Revenues FY2011 Actual FY2012 Projected FY2013 Projected FY2014 Projected FY2015 Projected FY2016 Projected FY2017 Projected FY2018 Projected FY2019 Projected FY2020 Projected FY2021 Projected Other DirectCharges (Incl.Electric) 45,263 45,900 36,700 32,100 43,500 44,200 44,900 45,600 46,300 47,000 47,700 Indirect Charges 102,571 104,100 83,300 72,900 104,100 105,700 107,300 108,900 110,500 112,200 113,900 Total CityOperating Expenses $1,956,085 $1,994,800 $1,831,700 $1,635,600 $2,055,500 $2,090,300 $2,138,000 $2,173,500 $2,210,100 $2,247,800 $2,286,400 Net IncomeFromOperations (Loss)$828,703 $710,800 $307,500 ($52,800)$906,700 $1,078,800 $1,243,100 $1,240,800 $1,239,000 $1,235,100 $1,232,000 Non-operating Incomefrom Sale ofProperty 35,230 D/SIncome $0 $29,900 $25,700 $25,700 $25,700 $25,800 $25,900 $25,900 $25,900 $0 $0 Total Non-operating $35,230 $29,900 $25,700 $25,700 $25,700 $25,800 $25,900 $25,900 $25,900 $0 $0 Total Income(Incl.Non-operating)$863,933 $740,700 $333,200 ($27,100)$932,400 $1,104,600 $1,268,500 $1,266,700 $1,264,900 $1,235,100 $1,232,000 DebtService $559,539 $499,000 $428,200 $429,000 $428,200 $430,800 $423,200 $432,300 $431,200 $0 $0 PaymenttoGeneral Fund $94,849 $94,800 $0 $0 $223,700 $223,700 $223,700 $223,700 $223,700 $0 $0 Additional Capital $0 $0 $0 $0 $0 $0 $0 $0 $0 $500,000 $0 Reserve for Replacement $0 $0 $0 $0 $220,500 $236,200 $252,200 $254,800 $257,300 $259,900 $262,500 CostPlan Charges $41,455 $42,700 $44,000 $45,300 $46,700 $48,100 $49,500 $51,000 $52,500 $54,100 $55,700 Total Debt /OtherCharges $695,843 $636,500 $472,200 $474,300 $919,100 $938,800 $948,600 $961,800 $964,700 $814,000 $318,200 Net Incomeor (Loss)$168,090 $104,200 ($139,000)($501,400)$13,300 $165,800 $319,900 $304,900 $300,200 $421,100 $913,800 National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –35 PROJECTIONSBASEDON “OPTIONF” TheNGFcashflowmodelforoperation under“Option F”assumes amoresignificant upgradeto thefacility, with a two-thirds completerenovationthe additionof a soccerfield and a comparable “dramatictransformation” asproposedinOptionD.The NGF estimateshows the Baylands GC revenue performance underOption Foverthe next 10 years would be comparabletoOption D. KeyAssumptions TheBase assumptions in preparing theprojectedfinancialperformancematchthosepresented in the projectionforOption D,exceptthefollowing changes noted below: Rounds and Average Fee Performance Theroundsactivityandaveragefee performance assumptions arethesame asproposed in “Option D,” except: Rounds in FY2014 assume operation on9holesforthefirst9months,then operation with an upgraded 18 holesfor April- June 2014.AllroundsfromJuly2013 throughMarch 2014 areassumedtobe 9-hole rounds with totalsreducedby50%for each corresponding month. Palo Alto MunicipalGolfCourse(Baylands GC) Projected Activityfor OptionF(2012-2021) As-Is 9-Mos.18- H/3Mos. 9-H 3-Mos.18- H/9Mos. 9-H Operateon 18-holeswith nearly completerenovation FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 -2021 Weekday 18-Hole 5,400 3,500 1,000 5,500 5,800 6,100 Senior Non-Resident 6,300 4,200 1,100 6,200 6,550 6,900 9-Hole 1,500 6,400 12,800 1,600 1,600 1,700 Senior 900 600 200 1,100 1,150 1,200 Junior 1,400 1,000 300 1,350 1,400 1,500 EarlyBird 700 500 200 800 850 900 Twilight 11,300 7,800 2,000 11,200 11,750 12,400 Specials 7,500 5,400 2,200 7,550 8,000 8,400 Junior Card 1,100 800 300 1,150 1,250 1,300 Senior Card 800 600 200 1,000 1,050 1,100 Non-ResidentSenior Card 4,000 2,600 800 3,950 4,200 4,400 Sub-TotalWeekday 40,900 33,400 21,100 41,400 43,600 45,900 Weekend 18-Hole 10,200 7,000 2,100 9,900 10,450 11,000 9 Hole 1,900 8,700 13,700 2,000 2,150 2,200 Junior 800 600 200 900 950 1,000 Twilight 6,200 4,100 1,000 6,000 6,350 6,700 Sub-TotalWeekend 19,100 20,400 17,000 18,800 19,900 20,900 ComplimentaryPlay 2,500 1,700 1,100 2,500 2,500 2,500 Tournaments 2,200 1,500 500 3,000 3,500 4,000 TOTAL ROUNDS 64,700 57,000 39,700 65,700 69,500 73,300 Averagegreen andancillaryfees in“OptionF”areidenticaltothose presentedfor “Option D.” National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –36 Expense Assumptions Contractmaintenanceexpense totheCityof Palo Alto assumes: $62,500 permonthfor FY2012 $62,500 permonthforthefirst 9months,then$37,500 permonthsforthe last 3months of FY2013 $37,500 permonthforthefirst 9months,then$66,667 permonthsforthe last 3months of FY2014 $66,667 permonthin FY2015,growing at1.5% annuallythrough2021. Other expensessuch asrepairs,maintenance,supplies, clubfees,materials and otherindirectexpensesare allbasedon actualfiguresforFY2011 with 20% reduction inFY2013 and40%reduction in FY2014,returning toFY2011 levels in FY2015 plus 1.5% increases assumedthrough FY2021. Water expense hasbeenhighlyvariable and NGFprojectionsarebasedon the4- year average(2008-2011),with assumptions of reductions in useasdescribed previously: 20%reduction during construction 32%reduction uponre-opening Annualincreases are assumed at 20%for 2013,15%for2014,9%for 2015, 3%for2016,2%for 2017 and 4.5%for FY2018through FY2021 Other directcharges(including electric) arebased on actual2011totals,based on actualfiguresforFY2011 with 20%reductioninFY2013 and 40%reduction in FY2014. Aslightreduction expected uponre-opening thegolf course inFY2015 (as described bythearchitect). Annualincrease of 1.5% is assumedfrom FY2015 throughFY2021. Debt Service andOtherNon-Operating Expense Assumptions TheNGFhas assumedthatthe $2,855,400in additionalcost neededto complete Option F,over and above theamount estimatedto bereimbursed bytheSFCJPA, willbe fundedvia the issuance of a newdebtprogram(revenue orGeneral Obligation Bond), with termsof 4.5% interestfor20 years, with paymentsbeginning in FY2015. Option Falso assumesthatthefullirrigationreplacementwillbe completed in FY2020 (orby2020)atacostof $250,000(real2012 dollars). Pro Forma Estimate for ‘Option F’ Scenario – FY2012– FY2021 Based onthe inputs described above,the proforma estimateforfutureperformanceunder “Option F”shows that with thismore comprehensive renovation, theBaylands GCcould produce net incometothe Cityin therangeof $960,000to $1.34million (beforeexisting and newdebt, cost planandreserve)throughtheterm ofthe currentdebtprogram. Afterthe Cityis no longerresponsibleforits older(1999 issue) debt payments,beginning in FY2020,thefacility is expected toproduce net incometothe Cityinthe rangeof $720,000per year,althoughthere is a one-timeexpense of $250,000for irrigation in2020. National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –37 Palo Alto Golf CourseRevenue / Expense -OptionF Revenues FY2011 Actual FY2012 Projected FY2013 Projected FY2014 Projected FY2015 Projected FY2016 Projected FY2017 Projected FY2018 Projected FY2019 Projected FY2020 Projected FY2021 Projected Golf Course Revenues Green Fees (Incl. Cards) $2,016,537 $1,960,100 $1,605,200 $969,500 $2,204,500 $2,361,900 $2,522,200 $2,547,500 $2,572,900 $2,598,700 $2,624,600 Cart Fees 302,799 293,500 206,900 126,100 298,100 318,500 339,200 342,600 346,100 349,500 353,000 Driving Range 343,911 333,400 235,000 143,200 338,600 361,700 385,300 389,200 393,100 397,000 401,000 Tournament /League Fees 2,196 2,100 1,900 1,300 2,200 2,300 2,400 2,400 2,400 2,400 2,400 Other 11,813 11,500 8,100 4,900 11,600 12,300 13,200 13,200 13,500 13,500 13,800 Total Golf Course Revenues $2,677,256 $2,600,600 $2,057,100 $1,245,000 $2,855,000 $3,056,700 $3,262,300 $3,294,900 $3,328,000 $3,361,100 $3,394,800 ConcessionPayments FoodandBeverage Concession Variable Portion $55,076 $53,400 $37,600 $22,900 $54,200 $57,900 $61,700 $62,300 $62,900 $63,600 $64,200 UtilityPayment $25,920 $25,900 $26,400 $26,400 $26,900 $26,900 $27,400 $27,400 $27,900 $27,900 $28,500 Total fromF &B Concession $80,996 $79,300 $64,000 $49,300 $81,100 $84,800 $89,100 $89,700 $90,800 $91,500 $92,700 ProShop Lease Merchandise (4%) $26,536 $25,700 $19,300 $15,400 $28,100 $28,900 $29,700 $29,700 $30,300 $30,300 $30,900 Total FromProShop Concession $26,536 $25,700 $19,300 $15,400 $28,100 $28,900 $29,700 $29,700 $30,300 $30,300 $30,900 Total Gross toCity $2,784,788 $2,705,600 $2,139,200 $1,305,300 $2,962,200 $3,169,100 $3,381,100 $3,414,300 $3,449,100 $3,482,900 $3,518,400 OperatingExpenses FY2011 Actual FY2012 Projected FY2013 Projected FY2014 Projected FY2015 Projected FY2016 Projected FY2017 Projected FY2018 Projected FY2019 Projected FY2020 Projected FY2021 Projected Salaries&Benefits $259,455 $139,000 $145,300 $151,800 $158,600 $165,700 $173,200 $181,000 $189,100 $197,600 $206,500 Range Fees 130,152 126,700 89,300 54,400 128,700 137,400 146,400 147,900 149,400 150,900 152,400 Cart Fees 117,529 117,400 82,800 50,400 119,200 127,400 135,700 137,000 138,400 139,800 141,200 Club Fees 5,576 5,700 4,600 3,400 5,700 5,800 5,900 6,000 6,100 6,200 6,300 Fixed Lozares ManagementFee 345,333 345,300 345,300 345,300 345,300 345,300 345,300 345,300 345,300 345,300 345,300 Merchant Fees Reimbursement 36,211 36,400 28,800 17,400 40,000 42,800 45,700 46,100 46,600 47,100 47,500 Contract Maintenance 475,000 750,000 675,000 537,500 800,000 812,000 824,200 836,600 849,100 861,800 874,700 Repairs&maintenance 21,943 22,300 17,800 13,400 22,300 22,600 22,900 23,200 23,500 23,900 24,300 Advertising&Publish 10,765 10,900 9,300 45,000 30,000 17,000 17,300 17,600 17,900 18,200 18,500 Supplies and Materials 44,417 45,100 36,100 21,700 45,100 45,800 46,500 47,200 47,900 48,600 49,300 WaterExpense 361,870 246,000 280,400 217,600 182,400 187,900 191,700 200,300 209,300 218,700 228,500 National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –38 Palo Alto Golf CourseRevenue / Expense -OptionF Revenues FY2011 Actual FY2012 Projected FY2013 Projected FY2014 Projected FY2015 Projected FY2016 Projected FY2017 Projected FY2018 Projected FY2019 Projected FY2020 Projected FY2021 Projected Other DirectCharges (Incl.Electric) 45,263 45,900 36,700 22,000 42,500 43,100 43,700 44,400 45,100 45,800 46,500 Indirect Charges 102,571 104,100 83,300 50,000 104,100 105,700 107,300 108,900 110,500 112,200 113,900 Total CityOperating Expenses $1,956,085 $1,994,800 $1,834,700 $1,529,900 $2,023,900 $2,058,500 $2,105,800 $2,141,500 $2,178,200 $2,216,100 $2,254,900 Net IncomeFromOperations (Loss)$828,703 $710,800 $304,500 ($224,600)$938,300 $1,110,600 $1,275,300 $1,272,800 $1,270,900 $1,266,800 $1,263,500 Non-operating Incomefrom Sale ofProperty 35,230 D/SIncome $0 $29,900 $25,700 $25,700 $25,700 $25,800 $25,900 $25,900 $25,900 $0 $0 Total Non-operating $35,230 $29,900 $25,700 $25,700 $25,700 $25,800 $25,900 $25,900 $25,900 $0 $0 Total Income(Incl.Non-operating)$863,933 $740,700 $330,200 ($198,900)$964,000 $1,136,400 $1,300,700 $1,298,700 $1,296,800 $1,266,800 $1,263,500 DebtService $559,539 $499,000 $428,200 $429,000 $428,200 $430,800 $423,200 $432,300 $431,200 $0 $0 PaymenttoGeneral Fund $94,849 $94,800 $0 $0 $0 $0 $0 $0 $0 $0 $0 Additional Capital $0 $0 $0 $0 $0 $0 $0 $0 $0 $250,000 $0 NewDebtService $0 $0 $0 $0 $219,500 $219,500 $219,500 $219,500 $219,500 $219,500 $219,500 Reserve for Replacement $0 $0 $0 $0 $220,500 $236,200 $252,200 $254,800 $257,300 $259,900 $262,500 CostPlan Charges $41,455 $42,700 $44,000 $45,300 $46,700 $48,100 $49,500 $51,000 $52,500 $54,100 $55,700 Total Debt /OtherCharges $695,843 $636,500 $472,200 $474,300 $914,900 $934,600 $944,400 $957,600 $960,500 $783,500 $537,700 Net Incomeor (Loss)$168,090 $104,200 ($142,000)($673,200)$49,100 $201,800 $356,300 $341,100 $336,300 $483,300 $725,800 NOTE:OptionFwould likelyinclude additional revenue fromsoccerfieldsofapproximately$78,000per field peryear. National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –39 PROJECTIONSBASEDON “OPTION G” TheNGFprojectionmodelfor“OptionG”represents asignificantchangefromother options presented.Thisoption would involve a completerenovation ofthe Palo Alto MunicipalGolf Course (tobere-branded as“Baylands Golf Club).The project would involve afullclosureof thegolf coursefrom April2013throughMarch 2014,re-opening asabrand newgolf coursewith the highestqualitygolf featurescommanding higherfeesthan anyotheroption presented.The fullgolf course irrigationsystem would be replaced andthreenewsoccerfields would be added tothe site.Subsequentto theinitialdraftreport,the CityFinance Committee recommendedthat this optioninclude rebuilding of all18greens,re-turfing of allfairways, construction of anon- courserestroom,andrebuilding thepracticegreen area.Thesechangesshouldfurtherenhance the product’smarketabilityand thegolferexperience. TheNGFrevenue estimate hasbeencombinedwith thepresent operating structuretoprovide a fullestimate of BaylandsGCperformanceforthenext 10 years,assumingsuccessful completion ofthe proposed “OptionG” upgrades.TheNGFhas projectedgrowth to almost$3.2 million in totalgrossrevenues (from allsources)to theCityby2016. KeyAssumptions TheBase assumptions in preparing theprojectedfinancialperformanceestimates covers severalcategories, including rounds activity, greenfees, averagerevenues (carts,range, concessions,etc.),totalrevenue, expenses, capitaland debt. Rounds Performance Theroundsactivityperformanceassumptionsinclude: Rounds in FY2012 assume a3%reductionfromFY2011 totalroundsbased on actualperformanceinthefirst 6monthsof FY2012. Rounds in FY2013 assume ‘as-is’operationon 18 holesforthefirst 9months.The golf coursethen closesentirelyforthenext 12months(April2013 –March2014),re- opening asanupgradednewfacilityon April1,2014. Upon re-opening,roundsareassumedtogrowto67,900 in FY2015, stabilizing at 75,700rounds by2017. Theoveralldistribution ofrounds bycategoryis shown in the table below: National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –40 Palo Alto MunicipalGolfCourse(Baylands GC) Projected Activityfor OptionG(2012-2021) As-Is 9-Mos.18- H/3Mos. closed 3-Mos.18- H/9Mos. Closed Operateon 18-holeswith maximum renovation and upgrade FY2012 FY2013 FY2014 FY2015 FY2016 FY2017-2021 Weekday 18-Hole 5,400 4,000 1,000 5,500 5,800 6,100 Senior Non-Resident 6,300 4,700 1,300 6,200 6,550 6,900 9-Hole 1,500 1,100 400 1,550 1,600 1,700 Senior 900 600 250 1,100 1,150 1,200 Junior 1,400 1,000 400 1,450 1,500 1,600 EarlyBird 700 500 200 800 850 900 Twilight 11,300 8,400 2,800 11,500 12,150 12,800 Specials 7,500 5,600 2,200 7,650 8,050 8,500 Junior Card 1,100 800 300 1,150 1,250 1,300 Senior Card 800 600 200 1,000 1,050 1,100 Non-ResidentSenior Card 4,000 3,000 1,000 4,000 4,300 4,500 Sub-TotalWeekday 40,900 30,300 10,050 41,900 44,250 46,600 Weekend 18-Hole 10,200 7,600 2,500 10,050 10,650 11,200 9Hole 1,900 1,400 500 2,000 2,100 2,200 Junior 800 600 200 900 950 1,000 Twilight 6,200 4,600 1,500 6,050 6,350 6,700 Sub-TotalWeekend 19,100 14,200 4,700 19,000 20,050 21,100 ComplimentaryPlay 2,500 1,800 650 3,500 3,500 3,500 Tournaments 2,200 1,600 600 3,500 4,000 4,500 TOTAL ROUNDS 64,700 47,900 16,000 67,900 71,800 75,700 Average Fees / Revenue Theaveragegreenfeesperround bycategoryare shown in thetablethatfollows. Key assumptions driving thisestimate include: There is nochangein averagefeesforFY2012 over FY2011. Upon re-opening on 18holes (assumed April1,2014),averagefees in each categoryareincreasedapproximately15% over FY2012 (rounded). For FY2015through FY2021, NGF hasassumed1% annualincreases inallfee categories. Allother ancillaryrevenue centersmirrorestimates madeinOptionsDandF. Theaveragegreenfeesbycategoryand ancillaryrevenue perroundareshown in thetable below(assume1% annualincreasesforFY2018-2021 asnoted): National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –41 Palo Alto MunicipalGolfCourse(Baylands GC) Projected Average Green FeesforOptionG(2012-2021) As-Is 9-Mos.18- H/3Mos. closed 3-Mos.18- H/9Mos. Closed Operateon 18-holeswith maximum renovation and upgrade FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 Weekday 18-Hole $37.00 $37.00 $42.50 $42.93 $43.35 $43.79 Senior Non-Resident $32.00 $32.00 $37.00 $37.37 $37.74 $38.12 9-Hole $23.00 $18.00 $24.00 $25.00 $25.25 $25.50 Senior $28.00 $28.00 $32.00 $32.32 $32.64 $32.97 Junior $14.75 $14.75 $17.00 $17.17 $17.34 $17.52 EarlyBird $23.00 $23.00 $26.50 $26.77 $27.03 $27.30 Twilight $30.00 $30.00 $34.50 $34.85 $35.19 $35.55 Specials $19.00 $19.00 $22.00 $22.22 $22.44 $22.67 Junior Card $19.70 $19.70 $22.50 $22.73 $22.95 $23.18 Senior Card $23.50 $23.50 $27.00 $27.27 $27.54 $27.82 Non-ResidentSenior Card $27.50 $27.50 $31.50 $31.82 $32.13 $32.45 Weekend 18-Hole $47.00 $47.00 $54.00 $54.54 $55.09 $55.64 9Hole $27.00 $24.75 $28.50 $28.75 $29.04 $29.33 Junior $15.80 $15.80 $18.00 $18.18 $18.36 $18.55 Twilight $34.00 $34.00 $39.00 $39.39 $39.78 $40.18 Tournaments $34.60 $34.60 $40.00 $40.40 $40.80 $41.21 Other Revenue Assumptions Totalgreenfeerevenue includes alldiscount(10-play) cards andmonthlypasses. Ancillaryrevenue per round (carts,merchandise,range,food,bar, other) isderived fromtotalrounds, including complimentaryrounds. Concession revenue tothe Cityof Palo Altoassumesthesamecurrentcontract basics through FY2021,with nominimumsafter April 2013.The Cityisassumed to collect:(1)7%of allfood and beveragerevenue; and(2) 4% ofmerchandise sales. Expense Assumptions Labor expenses areforCityoversight only.These include allocationsforcontract oversight, Parks andRecreation Director,Division manager,etc.The estimateis intended toinclude bothsalaryand benefitsallocation and isincreasedby4.5% per year throughFY2021. Commissions paidtotheproshop vendorinclude 38%of driving rangegross revenue and 40%ofgross cartrevenue (aspercontract). Theproshopmanagementfee isfixed at $28,775 permonth while thegolf course is open. Nomanagementfees areassumedforApril2013 throughMarch 2014. Reimbursementsformerchantfees(mostlycreditcardfees)areassumedto be 1.4%of totalfacilityrevenue. National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –42 Contractmaintenanceexpense totheCityof Palo Alto assumes: $62,500 permonthfor FY2012 $62,500 permonthforthefirst 9monthsof FY2013 No contractmaintenanceexpenseforApril2013through March 2014 $68,750 permonth(fixed) uponre-opening in April2014 (3monthsin FY2014),then$68,750permonthin FY2015,growing at 1.5%annually through2021 Other expensessuch asrepairs,maintenance,supplies, clubfees,materials and otherindirectexpensesare allbasedon actualfiguresforFY2011 with 20% reduction inFY2013 and70%reduction in FY2014,returning toFY2011 levels in FY2015 plus 1.5% increases assumedthrough FY2021. Advertising andpublishing expense is reduced by50% during constructionand operation on9 holes,totaling 15%reduction in FY2013. Uponre-opening thegolf coursethis expense isassumedtoincrease$45,000 toaccountforenhanced marketing ofthe upgradedfacilityand re-themeas “Baylands GC.”Advertising and publishing expense is then reducedin subsequent yearstoa“standard”of around $17,000 per year. Water expense hasbeenhighlyvariable and NGFprojectionsarebasedon the4- year average(2008-2011),with assumptions of reductions in useasdescribed previously: 60%reduction during construction 32%reduction uponre-opening Annualincreases are assumed at 20%for 2013,15%for2014,9%for 2015, 3%for2016,2%for 2017 and 4.5%for FY2018through FY2021 Other directcharges(including electric) arebased on actual2011totals,based on actualfiguresforFY2011 with 20%reductioninFY2013 and 70%reduction in FY2014. Aslightreduction expected uponre-opening thegolf course inFY2015 (as described bythearchitect). Annualincrease of 1.5% is assumedfrom FY2015 throughFY2021. Debt Service andOtherNon-Operating Expense Assumptions TheNGFhas assumedthatthe $4,570,000in additionalcost neededto complete OptionG, over andabove theamountreimbursedbythe SFCJPA,willbe funded via the issuanceof a newdebt program(revenue orGeneralObligation Bond),with terms of 4.5%interestfor 20years, with payments beginning in FY2015. Pro Forma Estimate for ‘Option G’ Scenario – FY2012– FY2021 Based onthe inputs described above,the proforma estimateforfutureperformanceunder “OptionG”shows thatwiththis completerenovation,the Baylands GCcould produce net incometothe Cityintherange of $1.07to $1.42million (beforeexisting and newdebt,costplan and reserve) throughthetermof thecurrent debtprogramthatendsin 2019. Afterthe Cityis no longerresponsibleforitsolder(1999 issue) debtpayments,thefacilityisexpected toproduce net incometothe City, afterallexpenses and other charges,intherangeof $740,000 per year. National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –43 Palo Alto Golf CourseRevenue / Expense -OptionG Revenues FY2011 Actual FY2012 Projected FY2013 Projected FY2014 Projected FY2015 Projected FY2016 Projected FY2017 Projected FY2018 Projected FY2019 Projected FY2020 Projected FY2021 Projected Golf Course Revenues Green Fees (Incl. Cards) $2,016,537 $1,960,100 $1,445,100 $544,300 $2,341,500 $2,510,600 $2,680,900 $2,707,800 $2,734,800 $2,762,200 $2,789,800 Cart Fees 302,799 293,500 173,900 72,600 311,100 332,300 353,900 357,400 361,000 364,600 368,200 Driving Range 343,911 333,400 197,500 82,400 353,400 377,400 401,900 405,900 410,000 414,100 418,200 Tournament /League Fees 2,196 2,100 1,600 500 2,200 2,400 2,500 2,500 2,500 2,500 2,500 Other 11,813 11,500 6,800 2,800 12,000 12,700 13,700 13,700 13,900 13,900 14,200 Total Golf Course Revenues $2,677,256 $2,600,600 $1,824,900 $702,600 $3,020,200 $3,235,400 $3,452,900 $3,487,300 $3,522,200 $3,557,300 $3,592,900 ConcessionPayments FoodandBeverage Concession Variable Portion $55,076 $53,400 $31,600 $13,200 $56,600 $60,400 $64,400 $65,000 $65,700 $66,300 $67,000 UtilityPayment $25,920 $25,900 $26,400 $26,400 $26,900 $26,900 $27,400 $27,400 $27,900 $27,900 $28,500 Total fromF &B Concession $80,996 $79,300 $58,000 $39,600 $83,500 $87,300 $91,800 $92,400 $93,600 $94,200 $95,500 ProShop Lease Merchandise (4%) $26,536 $25,700 $15,400 $6,600 $28,900 $29,500 $30,700 $30,700 $31,300 $31,300 $31,900 Total FromProShop Concession $26,536 $25,700 $15,400 $6,600 $28,900 $29,500 $30,700 $30,700 $31,300 $31,300 $31,900 Total Gross toCity $2,784,788 $2,705,600 $1,898,100 $748,600 $3,130,700 $3,351,200 $3,575,400 $3,610,400 $3,647,100 $3,682,800 $3,720,300 OperatingExpenses FY2011 Actual FY2012 Projected FY2013 Projected FY2014 Projected FY2015 Projected FY2016 Projected FY2017 Projected FY2018 Projected FY2019 Projected FY2020 Projected FY2021 Projected Salaries&Benefits $259,455 $139,000 $145,300 $151,800 $158,600 $165,700 $173,200 $181,000 $189,100 $197,600 $206,500 Range Fees 130,152 126,700 75,100 31,300 134,300 143,400 152,700 154,200 155,800 157,400 158,900 Cart Fees 117,529 117,400 69,600 29,000 124,400 132,900 141,600 143,000 144,400 145,800 147,300 Club Fees 5,576 5,700 4,600 1,700 5,700 5,800 5,900 6,000 6,100 6,200 6,300 Fixed Lozares ManagementFee 345,333 345,300 259,000 86,300 345,300 345,300 345,300 345,300 345,300 345,300 345,300 Merchant Fees Reimbursement 36,211 36,400 25,500 9,800 42,300 45,300 48,300 48,800 49,300 49,800 50,300 Contract Maintenance 475,000 750,000 562,500 206,300 825,000 837,400 850,000 862,800 875,700 888,800 902,100 Repairs&maintenance 21,943 22,300 17,800 6,700 22,300 22,600 22,900 23,200 23,500 23,900 24,300 Advertising&Publish 10,765 10,900 8,700 45,000 30,000 17,000 17,300 17,600 17,900 18,200 18,500 Supplies and Materials 44,417 45,100 36,100 13,500 45,100 45,800 46,500 47,200 47,900 48,600 49,300 WaterExpense 361,870 246,000 250,900 133,000 183,000 188,500 192,300 201,000 210,000 219,500 229,400 National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –44 Palo Alto Golf CourseRevenue / Expense -OptionG Revenues FY2011 Actual FY2012 Projected FY2013 Projected FY2014 Projected FY2015 Projected FY2016 Projected FY2017 Projected FY2018 Projected FY2019 Projected FY2020 Projected FY2021 Projected Other DirectCharges (Incl.Electric) 45,263 45,900 36,700 13,800 41,500 42,100 42,700 43,300 43,900 44,600 45,300 Indirect Charges 102,571 104,100 83,300 31,200 104,100 105,700 107,300 108,900 110,500 112,200 113,900 Total CityOperating Expenses $1,956,085 $1,994,800 $1,575,100 $759,400 $2,061,600 $2,097,500 $2,146,000 $2,182,300 $2,219,400 $2,257,900 $2,297,400 Net IncomeFromOperations (Loss)$828,703 $710,800 $323,000 ($10,800)$1,069,100 $1,253,700 $1,429,400 $1,428,100 $1,427,700 $1,424,900 $1,422,900 Non-operating Incomefrom Sale ofProperty 35,230 D/SIncome $0 $29,900 $25,700 $25,700 $25,700 $25,800 $25,900 $25,900 $25,900 $0 $0 Total Non-operating $35,230 $29,900 $25,700 $25,700 $25,700 $25,800 $25,900 $25,900 $25,900 $0 $0 Total Income(Incl.Non-operating)$863,933 $740,700 $348,700 $14,900 $1,094,800 $1,279,500 $1,454,800 $1,454,000 $1,453,600 $1,424,900 $1,422,900 DebtService $559,539 $499,000 $428,200 $429,000 $428,200 $430,800 $423,200 $432,300 $431,200 $0 $0 PaymenttoGeneral Fund $94,849 $94,800 $0 $0 $0 $0 $0 $0 $0 $0 $0 NewDebtService $0 $0 $0 $0 $351,300 $351,300 $351,300 $351,300 $351,300 $351,300 $351,300 Operating& Capital Reserve $0 $0 $0 $0 $234,200 $251,100 $268,100 $270,800 $273,500 $276,200 $279,000 CostPlan Charges $41,455 $42,700 $44,000 $45,300 $46,700 $48,100 $49,500 $51,000 $52,500 $54,100 $55,700 Total Debt /OtherCharges $695,843 $636,500 $472,200 $474,300 $1,060,400 $1,081,300 $1,092,100 $1,105,400 $1,108,500 $681,600 $686,000 Net Incomeor (Loss)$168,090 $104,200 ($123,500)($459,400)$34,400 $198,200 $362,700 $348,600 $345,100 $743,300 $736,900 NOTE:OptionG would likelyinclude additional revenue fromsoccerfieldsestimated byCityatapproximately$78,000per fieldper year ($234,000 for 3fields). National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –45 FINANCIAL PROJECTIONS SUMMARY SummaryofOptions Comparative tablefor options in 2015and 2020are shown below: Summaryin 2015 Summaryin FY2015 ModestUpgrade Option A More significant upgrade /nicer features Option D Nearly complete renovation Option F Maximum renovation Option G TOTAL ROUNDS 62,800 65,700 65,700 67,900 ANNUAL ROUNDS REVENUE $1,967,709 $2,204,512 $2,204,512 $2,341,455 AVERAGE GREENFEE PER ROUND $31.33 $33.55 $33.55 $34.48 Revenues FY2015 Projected FY2015 Projected FY2015 Projected FY2015 Projected Total Golf Course Revenues $2,589,400 $2,855,000 $2,855,000 $3,020,200 Concessions Total fromF & B Concession $78,700 $81,100 $81,100 $83,500 Total FromPro Shop Concession $25,000 $26,100 $26,100 $27,000 Total Gross to City $2,693,100 $2,962,200 $2,962,200 $3,130,700 Expenses Water 195,000 161,000 182,400 225,600 Maintenance Contract 800,000 852,000 800,000 825,000 Total to Pro Shop Contract 618,600 633,200 633,200 646,300 All Other Expenses 410,500 409,300 408,300 407,300 Total CityOperating Expenses 2,024,100 2,055,500 2,023,900 2,104,200 Net Income From Operations (Loss)$669,000 $906,700 $938,300 $1,026,500 Total Income (Incl. Non-operating)$694,700 $932,400 $964,000 $1,052,200 Total Debt/OtherCharges $779,300 $1,501,100 $914,900 $1,016,600 Net Income or (Loss)($84,600)($568,700)$49,100 $35,600 Footnotes Partial irrigation Partial irrigation Potential for additional $78,000Soccer revenue Potential for additional $234,000 Soccer revenue National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –46 Summaryin 2020 Summaryin FY2020 ModestUpgrade Option A More significant upgrade /nicer features Option D Nearly complete renovation Option F Maximum renovation Option G TOTAL ROUNDS 68,200 73,300 73,300 75,700 ANNUAL ROUNDS REVENUE $2,300,746 $2,598,658 $2,598,658 $2,762,185 AVERAGE GREENFEE PER ROUND $33.74 $35.45 $35.45 $36.49 Revenues FY2015 Projected FY2015 Projected FY2015 Projected FY2015 Projected Total Golf Course Revenues $3,010,100 $3,361,100 $3,361,100 $3,557,300 Concessions Total fromF & B Concession $87,100 $91,500 $91,500 $94,200 Total FromPro Shop Concession $28,200 $30,300 $30,300 $31,300 Total Gross to City $3,125,400 $3,482,900 $3,482,900 $3,682,800 Expenses Water 233,800 193,000 218,700 219,500 Maintenance Contract 861,800 918,000 861,800 888,800 Total to Pro Shop Contract 657,900 683,100 683,100 698,300 All Other Expenses 454,900 453,700 452,500 451,300 Total CityOperating Expenses $2,208,400 $2,247,800 $2,216,100 $2,257,900 Net Income From Operations (Loss)$917,000 $1,235,100 $1,266,800 $1,424,900 Total Income (Incl. Non-operating)$917,000 $1,235,100 $1,266,800 $1,424,900 Total Debt/OtherCharges $1,034,200 $814,000 $783,500 $681,600 Net Income or (Loss)($117,200)$421,100 $483,300 $743,300 Footnotes Partial irrigation Partial irrigation Potential for additional $78,000Soccer revenue Potential for additional $234,000 Soccer revenue SummaryResults Theresults ofthe NGF Consultingfinancialprojectionsfor Palo AltoGolf Course,basedonthe various reconfiguration options andtheanalysis and assumptions presented in thisreport, show thatthefacilitywillgenerate,tovarying degreesbased ontherenovation option, improved rounds andrevenue performancecomparedtothe base“as is” scenario.In relationto estimating lostroundsand revenues during construction, NGF has assumedfor alloptions under which thefacilitywillremain openfor9-holeplaythattheCitywillstill be ableto provide a qualitygolf experiencethat isminimallydisruptive tothegolfer. National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –47 Keyobservations regarding projected“BaylandsGolf Club at PaloAlto”financialperformance: NGF hasestimatedthattotalrevenuestothe Citywilldecrease byvarying amounts during constructionforthefour options evaluated.Forinstance, underOption A,the totaltwo-year cumulative reduction ingrossrevenue totheCityis nearly$1.5million. This isbased onestimated FY 2012grossrevenues. However, becauseof expense reductions(e.g.,range and cart payments,contractmaintenance, water, indirect charges)during thetimeof construction,netincomefrom operations(before debt, othercosts)is estimatedto decrease by±$1.08million over thetwo-year period, based on actualestimated FY 2012netoperatingincome. OptionG, which involves a 12-month closure of all18 holes,naturallyresults inthe greatestreductionin revenue, with only$748,600grossincomefrom operations in FY 2014,when the course is closedfor9months.Thetwo-year cumulative loss in grossrevenue totheCity, using FY2012 as abase, is estimated atnearly$2.7 million, while the loss innet income is estimateat±$1.1million. Rounds played, afteryears of decline,areprojected toreboundunderallofthe reconfiguration options,with options Dand Fatstabilized totalroundsat73,300, representing a 5,100round improvement overOption A.OptionG –fullrenovation – resultsin thehigheststabilized activitylevel, atnearly76,000 annualrounds. Option D, which is expectedto cost±$600,000morethan baseOption A, is projectedto producesignificantlyhighernetoperating incomethanOptionA, resulting in aquick payback of the investment. Stabilized NetOperatingIncome(beforedebt andother costssuchas capital, reserve, andcost plan) is projectedto behighestunderOptionG,with 2021 NOI projected at about$1.42million. OptionF issecond with ±$1.26million,followed closelybyOption Databout $1.23million. Afteradditionaldebt associated with improvements isconsidered,OptionG is projectedto produceoverallNetIncometothe Citythat ismoderatelylowerthanthat of OptionD. However,further down theroadwhen thedebtforOption Gis paid off,it is expected toproducethe highest NetIncomeforthe Cityof Palo Alto. Justificationsfor Revenue Projections NGF isconfident,given the inputs(e.g., expectedqualityand appealfollowing improvements) foreach option,thattherounds,fees,revenues, and expenses projected under eachscenario arereasonable andachievable. The higheststabilized rounds activity we have projected under anyscenario was less than 76,000totalrounds,alevelthat was achieved as recentlyas 2007- 08 (andwasfarexceeded in thepast)with a productthatwas inferiortowhat areconfigured and re-brandedgolf course willbring tomarket.Also, wefeelwe have been conservative in terms ofthefeeincreases thatthe improvedfacility willbe able tosustain.Likewise, we believe it ismoredifficulttoestimatetheimpact onrevenues during thetimeof construction,asthere aremanyvariables, notthe least of which aregolfer behavior and preferences. Proformas are,bytheirnature,models basedona set of assumptionsthatmayormaynot becomerealityand which aresubjecttoa number of uncontrollablefactors (e.g., weather variations, theeconomy,quality/quantityofthe competition),butNGFbelieves thatour projectionsrepresent a“reasonable” estimateof performanceforthe“Baylands”facilitybased on thefactors discussedin thisreport.Among thefactorsconsideredwhen crafting our projectionsforeachmodelare: National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –48 Expected higherqualityof the Palo AltoMunicipalGolf Course(levelof improvement depends on intensityofReconfigurationOption chosen, levelof “additional” work). Re-branding andeffective marketing of the“Baylands Golf Club at Palo Alto”,along with more proactive direct selling of largertournamentsand events. Reinventing the productshould re-energize the current customerbase,resulting in increasedfrequencyof play, and also positionthefacilitytocompetemoreeffectively fornon-residentrounds.Results of ERA’s 2008surveyrevealed that thenumberone reason Palo AltoGCwas not theprimarycourseof respondentswas “course quality/playexperience”.Maintenance conditionsthat willposition thefacilityin the mid-to-uppertierofmunicipalgolf courses inthismarket. Non-residentgreenfeesat Palo Alto, especiallyon weekends,areatthelowend of the price rangeamong the directmunicipalcompetitors.Withan improvedproduct, thereshould belittleresistancetomodest price increasesatthe“Baylands”. Maintaining a strong price/value proposition willensurethattheimproved golf course remains verycompetitive in theareamarket despite expectedmodestfeeincreases. Palo Alto MunicipalGolf Course is operating atrounds levels thatarewillbelowpeak levelsfrom 1990s andearly-to-mid2000s.Thefacilityhas achieved rounds played levels close towhat NGFConsulting is projecting underthemostfavorable option as recentlyas FY2008. TheBayArea remainsone of themostactive marketsformunicipalgolf inthe nation. Atthe peak ofthemarket, Palo Alto andseveralof itschief competitors realized annualactivitylevels approaching,oreven exceeding,100,000rounds. Thoughplaylevels maynever approachtheseextraordinarynumbers again, we believe themarket hasthe potentialtomakearecovery. NGF believes thereis alack of trulyoutstanding directcompetitorsto PaloAlto GC. Also, it islikelythat nonewgolf course inventorywillbe added tothismarketforthe foreseeablefuture. Potentialforregionaleconomic recovery, increased discretionaryincome,etc.The BayArea and Silicon Valleyhave some specific economic attributesthat act as naturaldemand driversforqualitygolf courses, including high incomes,anextremely robustcorporatepresence, andone veryhighvisitation numbers. Other ConsiderationsRegarding ImprovementOptions Asidefromthe expectedeconomic impactof thevarious baseReconfiguration Options,there remainquestionsthat willneed tobe addressedas theCityweighs thereconfiguration options, theirrespective forecastsin terms ofrounds/revenue and what additionalwork willstillbe required inthe instanceof doing lessnowand deferring certain improvementsto later.The overriding decisionto bemade isplan option(A,D, F orG)togowith and howthatfundamental decision willaffectfuturedecisions. For example,reconfigurationOptionA,while least costlyof thoseto beconsidered,precludesrouting improvementsbeyond thoseofthefewholes being shifted andplacesoverallrestrictionsonfuture improvementstothegolf asset.Largely,thegolf course would remain thesamein itsanatomyforthe long term underA, but of coursethegolf coursemaybe inmuchbetter conditionandmaybe complemented bybetter supportamenities in thefuture.Themisconnectionmaybe thecourse itself —muchnicer, but asourgrading exercise concludes, notto thelevelof theother options becauseof their improvementsto hole- orientation,varietyand excitement. National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –49 Thesuccessratefor increased revenues,betterreputation andtheabilityto betruetotheidea of atransformedgolf experience, increaseswith a more intensive re-working of thegolf course. Thedecision on which option toadoptwillneed to takeintoaccountmanyfactors,togetherwith thefinancialforecastsprepared. OPTION “G” SENSITIVITY ANALYSIS As noted, proforma projections have beenmadeundera set of assumptions thatmayormay not cometofruition. Also, projections are subjectto severaluncontrollablefactorssuchas yearlyweather variations, economic conditions,and thenature ofthecompetition.Therefore, in the interestof conservatism we have preparedasensitivityanalysis forOption G(identified by the Cityasthepreferredoption) oftwo keyvariables relatedtorevenues –rounds played and averagegreenfee.Specifically, we have run three scenariosthat presentdeviations fromthe “base”modelpresentedabove: (1)Roundsreduced tomoderatelylower than projectedFY 12 performance,continuingdownward trend;(2) Averagegreenfee increasing over currentbyjust less thanhalf the 15% projectedincreasein basemodel; and(3) Roundsand averagegreen fees both lower, incombination. Because ofthe virtuallylimitless number of combinations,other variables, such asfixedoperating expenses,remain the sameas inthebase scenario. Thesensitivityscenarios revealthatthe lower than projected(base)greenfeegrowth would result inareduction innet income of approximately47% over thebasecase. Reducedrounds result ina±$500,000reduction in net income,while the“worst case”– both roundsandgreen fee increases belowtheprojected basemodel–produces about$640,000 lower net income. Option “G” Sensitivity Analysis -Summaryfor 2017 Summaryin FY2017 Expected Case Option G Reduced Rounds Option G ReducedFees Option G Reduced Rounds +Fees Option G TOTAL ROUNDS 75,700 63,100 75,700 63,100 ANNUAL ROUNDS REVENUE $2,680,949 $2,221,879 $2,487,511 $2,062,380 AVERAGE GREENFEE PER ROUND $35.42 $35.21 $32.86 $32.68 Revenues FY2017 Projected FY2017 Projected FY2017 Projected FY2017 Projected Total Golf Course Revenues $3,452,900 $2,865,400 $3,259,500 $2,705,900 Concessions Total fromF & B Concession $91,800 $81,100 $91,800 $81,100 Total FromPro Shop Concession $30,700 $25,600 $30,700 $25,600 Total Gross to City $3,575,400 $2,972,100 $3,382,000 $2,812,600 Expenses Total CityOperating Expenses 2,146,000 2,088,800 2,143,300 2,086,600 Net Income From Operations (Loss)$1,429,400 $883,300 $1,238,700 $726,000 Total Income (Incl. Non-operating)$1,454,800 $908,700 $1,264,100 $751,400 Total Debt/OtherCharges $1,092,100 $1,046,200 $1,072,800 $1,030,200 Net Income or (Loss)$362,700 ($137,500)$191,300 ($278,800) National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –50 Option G SensitivitySpreadsheets Palo Alto Golf CourseRevenue / Expense -OptionG(ReducedRounds Sensitivity) FY2011 Actual FY2012 Projected FY2013 Projected FY2014 Projected FY2015 Projected FY2016 Projected FY2017 Projected FY2018 Projected FY2019 Projected FY2020 Projected FY2021 Projected Total Rounds 66,740 64,700 47,900 16,000 53,150 58,100 63,100 67,900 67,900 67,900 67,900 Golf Course Revenues Green Fees (Incl. Cards) $2,016,537 $1,960,100 $1,445,100 $544,300 $1,810,100 $2,013,600 $2,221,900 $2,424,700 $2,448,900 $2,473,400 $2,498,200 Cart Fees 302,799 293,500 173,900 72,600 243,600 268,900 295,000 320,600 323,800 327,000 330,300 Driving Range 343,911 333,400 197,500 82,400 276,600 305,400 335,000 364,100 367,700 371,400 375,100 Tournament /League Fees 2,196 2,100 1,600 500 1,700 1,900 2,100 2,200 2,200 2,200 2,200 Other 11,813 11,500 6,800 2,800 9,400 10,300 11,400 12,300 12,500 12,500 12,800 Total Golf Course Revenues $2,677,256 $2,600,600 $1,824,900 $702,600 $2,341,400 $2,600,100 $2,865,400 $3,123,900 $3,155,100 $3,186,500 $3,218,600 ConcessionPayments FoodandBeverage Concession Variable Portion $55,076 $53,400 $31,600 $13,200 $44,300 $48,900 $53,700 $58,300 $58,900 $59,500 $60,100 UtilityPayment $25,920 $25,900 $26,400 $26,400 $26,900 $26,900 $27,400 $27,400 $27,900 $27,900 $28,500 Total fromF &B Concession $80,996 $79,300 $58,000 $39,600 $71,200 $75,800 $81,100 $85,700 $86,800 $87,400 $88,600 ProShop Lease Merchandise (4%) $26,536 $25,700 $15,200 $6,400 $21,100 $23,100 $25,600 $27,500 $28,100 $28,100 $28,600 Total FromProShop Concession $26,536 $25,700 $15,200 $6,400 $21,100 $23,100 $25,600 $27,500 $28,100 $28,100 $28,600 Total Gross toCity $2,784,788 $2,705,600 $1,898,100 $748,600 $2,433,700 $2,699,000 $2,972,100 $3,237,100 $3,270,000 $3,302,000 $3,335,800 OperatingExpenses FY2011 Actual FY2012 Projected FY2013 Projected FY2014 Projected FY2015 Projected FY2016 Projected FY2017 Projected FY2018 Projected FY2019 Projected FY2020 Projected FY2021 Projected Salaries&Benefits $259,455 $139,000 $145,300 $151,800 $158,600 $165,700 $173,200 $181,000 $189,100 $197,600 $206,500 Range Fees 130,152 126,700 75,100 31,300 105,100 116,100 127,300 138,400 139,700 141,100 142,500 Cart Fees 117,529 117,400 69,600 29,000 97,400 107,600 118,000 128,200 129,500 130,800 132,100 Club Fees 5,576 5,700 4,600 1,700 5,700 5,800 5,900 6,000 6,100 6,200 6,300 Fixed Lozares ManagementFee 345,333 345,300 259,000 86,300 345,300 345,300 345,300 345,300 345,300 345,300 345,300 Merchant Fees Reimbursement 36,211 36,400 25,500 9,800 32,800 36,400 40,100 43,700 44,200 44,600 45,100 Contract Maintenance 475,000 750,000 562,500 206,300 825,000 837,400 850,000 862,800 875,700 888,800 902,100 Repairs&maintenance 21,943 22,300 17,800 6,700 22,300 22,600 22,900 23,200 23,500 23,900 24,300 Advertising&Publish 10,765 10,900 8,700 45,000 30,000 17,000 17,300 17,600 17,900 18,200 18,500 Supplies and Materials 44,417 45,100 36,100 13,500 45,100 45,800 46,500 47,200 47,900 48,600 49,300 National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –51 Palo Alto Golf CourseRevenue / Expense -OptionG(ReducedRounds Sensitivity) FY2011 Actual FY2012 Projected FY2013 Projected FY2014 Projected FY2015 Projected FY2016 Projected FY2017 Projected FY2018 Projected FY2019 Projected FY2020 Projected FY2021 Projected WaterExpense 361,870 246,000 250,900 133,000 183,000 188,500 192,300 201,000 210,000 219,500 229,400 Other DirectCharges (Incl.Electric) 45,263 45,900 36,700 13,800 41,500 42,100 42,700 43,300 43,900 44,600 45,300 Indirect Charges 102,571 104,100 83,300 31,200 104,100 105,700 107,300 108,900 110,500 112,200 113,900 Total CityOperating Expenses $1,956,085 $1,994,800 $1,575,100 $759,400 $1,995,900 $2,036,000 $2,088,800 $2,146,600 $2,183,300 $2,221,400 $2,260,600 Net IncomeFromOperations (Loss)$828,703 $710,800 $323,000 ($10,800)$437,800 $663,000 $883,300 $1,090,500 $1,086,700 $1,080,600 $1,075,200 Non-operating Incomefrom Sale ofProperty 35,230 D/SIncome $0 $29,900 $25,700 $25,700 $25,700 $25,800 $25,900 $25,900 $25,900 $0 $0 Total Non-operating $35,230 $29,900 $25,700 $25,700 $25,700 $25,800 $25,900 $25,900 $25,900 $0 $0 Total Income(Incl.Non-operating)$863,933 $740,700 $348,700 $14,900 $463,500 $688,800 $908,700 $1,116,400 $1,112,600 $1,080,600 $1,075,200 DebtService $559,539 $499,000 $428,200 $429,000 $428,200 $430,800 $423,200 $432,300 $431,200 $0 $0 PaymenttoGeneral Fund $94,849 $94,800 $0 $0 $0 $0 $0 $0 $0 $0 $0 NewDebtService $0 $0 $0 $0 $351,300 $351,300 $351,300 $351,300 $351,300 $351,300 $351,300 Operating& Capital Reserve $0 $0 $0 $0 $181,000 $201,400 $222,200 $242,500 $244,900 $247,300 $249,800 CostPlan Charges $41,455 $42,700 $44,000 $45,300 $46,700 $48,100 $49,500 $51,000 $52,500 $54,100 $55,700 Total Debt /OtherCharges $695,843 $636,500 $472,200 $474,300 $1,007,200 $1,031,600 $1,046,200 $1,077,100 $1,079,900 $652,700 $656,800 Net Incomeor (Loss)$168,090 $104,200 ($123,500)($459,400)($543,700)($342,800)($137,500)$39,300 $32,700 $427,900 $418,400 NOTE:OptionG would likelyinclude additional revenue fromsoccerfieldsofapproximately$78,000per field peryear ($234,000 for 3fields). National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –52 Palo Alto Golf CourseRevenue / Expense -OptionG(ReducedFeesSensitivity) FY2011 Actual FY2012 Projected FY2013 Projected FY2014 Projected FY2015 Projected FY2016 Projected FY2017 Projected FY2018 Projected FY2019 Projected FY2020 Projected FY2021 Projected Total Rounds 66,740 64,700 47,900 16,000 67,900 71,800 75,700 75,700 75,700 75,700 75,700 Golf Course Revenues Green Fees (Incl. Cards) $2,016,537 $1,960,100 $1,445,100 $503,800 $2,172,600 $2,329,500 $2,487,500 $2,512,400 $2,537,500 $2,562,900 $2,588,500 Cart Fees 302,799 293,500 173,900 72,600 311,100 332,300 353,900 357,400 361,000 364,600 368,200 Driving Range 343,911 333,400 197,500 82,400 353,400 377,400 401,900 405,900 410,000 414,100 418,200 Tournament /League Fees 2,196 2,100 1,600 500 2,200 2,400 2,500 2,500 2,500 2,500 2,500 Other 11,813 11,500 6,800 2,800 12,000 12,700 13,700 13,700 13,900 13,900 14,200 Total Golf Course Revenues $2,677,256 $2,600,600 $1,824,900 $662,100 $2,851,300 $3,054,300 $3,259,500 $3,291,900 $3,324,900 $3,358,000 $3,391,600 ConcessionPayments FoodandBeverage Concession Variable Portion $55,076 $53,400 $31,600 $13,200 $56,600 $60,400 $64,400 $65,000 $65,700 $66,300 $67,000 UtilityPayment $25,920 $25,900 $26,400 $26,400 $26,900 $26,900 $27,400 $27,400 $27,900 $27,900 $28,500 Total fromF &B Concession $80,996 $79,300 $58,000 $39,600 $83,500 $87,300 $91,800 $92,400 $93,600 $94,200 $95,500 ProShop Lease Merchandise (4%) $26,536 $25,700 $15,200 $6,400 $27,000 $28,500 $30,700 $30,700 $31,300 $31,300 $31,900 Total FromProShop Concession $26,536 $25,700 $15,200 $6,400 $27,000 $28,500 $30,700 $30,700 $31,300 $31,300 $31,900 Total Gross toCity $2,784,788 $2,705,600 $1,898,100 $708,100 $2,961,800 $3,170,100 $3,382,000 $3,415,000 $3,449,800 $3,483,500 $3,519,000 OperatingExpenses FY2011 Actual FY2012 Projected FY2013 Projected FY2014 Projected FY2015 Projected FY2016 Projected FY2017 Projected FY2018 Projected FY2019 Projected FY2020 Projected FY2021 Projected Salaries&Benefits $259,455 $139,000 $145,300 $151,800 $158,600 $165,700 $173,200 $181,000 $189,100 $197,600 $206,500 Range Fees 130,152 126,700 75,100 31,300 134,300 143,400 152,700 154,200 155,800 157,400 158,900 Cart Fees 117,529 117,400 69,600 29,000 124,400 132,900 141,600 143,000 144,400 145,800 147,300 Club Fees 5,576 5,700 4,600 1,700 5,700 5,800 5,900 6,000 6,100 6,200 6,300 Fixed Lozares ManagementFee 345,333 345,300 259,000 86,300 345,300 345,300 345,300 345,300 345,300 345,300 345,300 Merchant Fees Reimbursement 36,211 36,400 25,500 9,300 39,900 42,800 45,600 46,100 46,500 47,000 47,500 Contract Maintenance 475,000 750,000 562,500 206,300 825,000 837,400 850,000 862,800 875,700 888,800 902,100 Repairs&maintenance 21,943 22,300 17,800 6,700 22,300 22,600 22,900 23,200 23,500 23,900 24,300 Advertising&Publish 10,765 10,900 8,700 45,000 30,000 17,000 17,300 17,600 17,900 18,200 18,500 Supplies and Materials 44,417 45,100 36,100 13,500 45,100 45,800 46,500 47,200 47,900 48,600 49,300 National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –53 Palo Alto Golf CourseRevenue / Expense -OptionG(ReducedFeesSensitivity) FY2011 Actual FY2012 Projected FY2013 Projected FY2014 Projected FY2015 Projected FY2016 Projected FY2017 Projected FY2018 Projected FY2019 Projected FY2020 Projected FY2021 Projected WaterExpense 361,870 246,000 250,900 133,000 183,000 188,500 192,300 201,000 210,000 219,500 229,400 Other DirectCharges (Incl.Electric) 45,263 45,900 36,700 13,800 41,500 42,100 42,700 43,300 43,900 44,600 45,300 Indirect Charges 102,571 104,100 83,300 31,200 104,100 105,700 107,300 108,900 110,500 112,200 113,900 Total CityOperating Expenses $1,956,085 $1,994,800 $1,575,100 $758,900 $2,059,200 $2,095,000 $2,143,300 $2,179,600 $2,216,600 $2,255,100 $2,294,600 Net IncomeFromOperations (Loss)$828,703 $710,800 $323,000 ($50,800)$902,600 $1,075,100 $1,238,700 $1,235,400 $1,233,200 $1,228,400 $1,224,400 Non-operating Incomefrom Sale ofProperty 35,230 D/SIncome $0 $29,900 $25,700 $25,700 $25,700 $25,800 $25,900 $25,900 $25,900 $0 $0 Total Non-operating $35,230 $29,900 $25,700 $25,700 $25,700 $25,800 $25,900 $25,900 $25,900 $0 $0 Total Income(Incl.Non-operating)$863,933 $740,700 $348,700 ($25,100)$928,300 $1,100,900 $1,264,100 $1,261,300 $1,259,100 $1,228,400 $1,224,400 DebtService $559,539 $499,000 $428,200 $429,000 $428,200 $430,800 $423,200 $432,300 $431,200 $0 $0 PaymenttoGeneral Fund $94,849 $94,800 $0 $0 $0 $0 $0 $0 $0 $0 $0 NewDebtService $0 $0 $0 $0 $351,300 $351,300 $351,300 $351,300 $351,300 $351,300 $351,300 Operating& Capital Reserve $0 $0 $0 $0 $217,300 $233,000 $248,800 $251,200 $253,800 $256,300 $258,900 CostPlan Charges $41,455 $42,700 $44,000 $45,300 $46,700 $48,100 $49,500 $51,000 $52,500 $54,100 $55,700 Total Debt /OtherCharges $695,843 $636,500 $472,200 $474,300 $1,043,500 $1,063,200 $1,072,800 $1,085,800 $1,088,800 $661,700 $665,900 Net Incomeor (Loss)$168,090 $104,200 ($123,500)($499,400)($115,200)$37,700 $191,300 $175,500 $170,300 $566,700 $558,500 NOTE:OptionG would likelyinclude additional revenue fromsoccerfieldsestimated byCitytobe approximately$78,000 perfieldper year ($234,000 for 3fields). National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –54 Palo Alto Golf CourseRevenue / Expense -OptionG(ReducedRounds +Fees Sensitivity) FY2011 Actual FY2012 Projected FY2013 Projected FY2014 Projected FY2015 Projected FY2016 Projected FY2017 Projected FY2018 Projected FY2019 Projected FY2020 Projected FY2021 Projected Total Rounds 66,740 64,700 47,900 16,000 53,150 58,100 63,100 67,900 67,900 67,900 67,900 Golf Course Revenues Green Fees (Incl. Cards) $2,016,537 $1,960,100 $1,445,100 $503,800 $1,680,700 $1,869,300 $2,062,400 $2,250,400 $2,272,900 $2,295,600 $2,318,600 Cart Fees 302,799 293,500 173,900 72,600 243,600 268,900 295,000 320,600 323,800 327,000 330,300 Driving Range 343,911 333,400 197,500 82,400 276,600 305,400 335,000 364,100 367,700 371,400 375,100 Tournament /League Fees 2,196 2,100 1,600 500 1,700 1,900 2,100 2,200 2,200 2,200 2,200 Other 11,813 11,500 6,800 2,800 9,400 10,300 11,400 12,300 12,500 12,500 12,800 Total Golf Course Revenues $2,677,256 $2,600,600 $1,824,900 $662,100 $2,212,000 $2,455,800 $2,705,900 $2,949,600 $2,979,100 $3,008,700 $3,039,000 ConcessionPayments FoodandBeverage Concession Variable Portion $55,076 $53,400 $31,600 $13,200 $44,300 $48,900 $53,700 $58,300 $58,900 $59,500 $60,100 UtilityPayment $25,920 $25,900 $26,400 $26,400 $26,900 $26,900 $27,400 $27,400 $27,900 $27,900 $28,500 Total fromF &B Concession $80,996 $79,300 $58,000 $39,600 $71,200 $75,800 $81,100 $85,700 $86,800 $87,400 $88,600 ProShop Lease Merchandise (4%) $26,536 $25,700 $15,200 $6,400 $21,100 $23,100 $25,600 $27,500 $28,100 $28,100 $28,600 Total FromProShop Concession $26,536 $25,700 $15,200 $6,400 $21,100 $23,100 $25,600 $27,500 $28,100 $28,100 $28,600 Total Gross toCity $2,784,788 $2,705,600 $1,898,100 $708,100 $2,304,300 $2,554,700 $2,812,600 $3,062,800 $3,094,000 $3,124,200 $3,156,200 OperatingExpenses FY2011 Actual FY2012 Projected FY2013 Projected FY2014 Projected FY2015 Projected FY2016 Projected FY2017 Projected FY2018 Projected FY2019 Projected FY2020 Projected FY2021 Projected Salaries&Benefits $259,455 $139,000 $145,300 $151,800 $158,600 $165,700 $173,200 $181,000 $189,100 $197,600 $206,500 Range Fees 130,152 126,700 75,100 31,300 105,100 116,100 127,300 138,400 139,700 141,100 142,500 Cart Fees 117,529 117,400 69,600 29,000 97,400 107,600 118,000 128,200 129,500 130,800 132,100 Club Fees 5,576 5,700 4,600 1,700 5,700 5,800 5,900 6,000 6,100 6,200 6,300 Fixed Lozares ManagementFee 345,333 345,300 259,000 86,300 345,300 345,300 345,300 345,300 345,300 345,300 345,300 Merchant Fees Reimbursement 36,211 36,400 25,500 9,300 31,000 34,400 37,900 41,300 41,700 42,100 42,500 Contract Maintenance 475,000 750,000 562,500 206,300 825,000 837,400 850,000 862,800 875,700 888,800 902,100 Repairs&maintenance 21,943 22,300 17,800 6,700 22,300 22,600 22,900 23,200 23,500 23,900 24,300 Advertising&Publish 10,765 10,900 8,700 45,000 30,000 17,000 17,300 17,600 17,900 18,200 18,500 Supplies and Materials 44,417 45,100 36,100 13,500 45,100 45,800 46,500 47,200 47,900 48,600 49,300 National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –55 Palo Alto Golf CourseRevenue / Expense -OptionG(ReducedRounds +Fees Sensitivity) FY2011 Actual FY2012 Projected FY2013 Projected FY2014 Projected FY2015 Projected FY2016 Projected FY2017 Projected FY2018 Projected FY2019 Projected FY2020 Projected FY2021 Projected WaterExpense 361,870 246,000 250,900 133,000 183,000 188,500 192,300 201,000 210,000 219,500 229,400 Other DirectCharges (Incl.Electric) 45,263 45,900 36,700 13,800 41,500 42,100 42,700 43,300 43,900 44,600 45,300 Indirect Charges 102,571 104,100 83,300 31,200 104,100 105,700 107,300 108,900 110,500 112,200 113,900 Total CityOperating Expenses $1,956,085 $1,994,800 $1,575,100 $758,900 $1,994,100 $2,034,000 $2,086,600 $2,144,200 $2,180,800 $2,218,900 $2,258,000 Net IncomeFromOperations (Loss)$828,703 $710,800 $323,000 ($50,800)$310,200 $520,700 $726,000 $918,600 $913,200 $905,300 $898,200 Non-operating Incomefrom Sale ofProperty 35,230 D/SIncome $0 $29,900 $25,700 $25,700 $25,700 $25,800 $25,900 $25,900 $25,900 $0 $0 Total Non-operating $35,230 $29,900 $25,700 $25,700 $25,700 $25,800 $25,900 $25,900 $25,900 $0 $0 Total Income(Incl.Non-operating)$863,933 $740,700 $348,700 ($25,100)$335,900 $546,500 $751,400 $944,500 $939,100 $905,300 $898,200 DebtService $559,539 $499,000 $428,200 $429,000 $428,200 $430,800 $423,200 $432,300 $431,200 $0 $0 PaymenttoGeneral Fund $94,849 $94,800 $0 $0 $0 $0 $0 $0 $0 $0 $0 NewDebtService $0 $0 $0 $0 $351,300 $351,300 $351,300 $351,300 $351,300 $351,300 $351,300 Operating& Capital Reserve $0 $0 $0 $0 $168,100 $186,900 $206,200 $225,000 $227,300 $229,600 $231,900 CostPlan Charges $41,455 $42,700 $44,000 $45,300 $46,700 $48,100 $49,500 $51,000 $52,500 $54,100 $55,700 Total Debt /OtherCharges $695,843 $636,500 $472,200 $474,300 $994,300 $1,017,100 $1,030,200 $1,059,600 $1,062,300 $635,000 $638,900 Net Incomeor (Loss)$168,090 $104,200 ($123,500)($499,400)($658,400)($470,600)($278,800)($115,100)($123,200)$270,300 $259,300 NOTE:OptionG would likelyinclude additional revenue fromsoccerfieldsestimated byCityatapproximately$78,000per fieldper year ($234,000 for 3fields). National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –56 OtherIssues and Considerations MARKET POSITION /RE-BRANDINGOPPORTUNITY NGF Consulting hasreviewed the image andbrand recommendationsmade totheCityas part of the expanded scopeof services to addresslong rangeconsiderations.Weconcludethat closer integration ofthegolf coursetothe Palo Alto Baylands Preserve,“The Baylands”, should positivelyaffecttheCity’s effortstobrandthisarea as adestinationfor Palo Altoresidentsand visitors alike.Celebratedas anopenspace andnaturepreserve area,theBaylands represents a rich andpositive locale within Palo Alto and theSilicon ValleyRegion and willbe enhanced with an improved andre-brandedgolf product. Currently, Palo AltoMunicipalGolf Course effectivelylacks abrandimage,and thefacilityis verycloselyassociatedwith thelong-timegolf concessionaire –somuchso thatthe website addressforthegolf course is bradlozaresgolfshop.com, andrecordedphone messagesmention onlythe golf shopandnotthegolf course.Webelieve thata namechange to“Baylands Golf Club at Palo Alto”represents apositive move thatwillhave the effectof repositioning thegolf course,distancing itfroma“muni”layout. Additionally, it willsignalatransformationfrom an older,“worn down” layoutto onethat hasrenewed excitementand positive change.The recommendation toretain “Palo Alto” aspart ofthe courseimageand brand is agoodwayto connect with the existing name, aswellas the Cityitself. Useof “Golf Club” in lieu of“Golf Course” isan additionalsignalthatthegolf experience is not onlysomething new, butata higherquality. Themarketing theme “Public only in price,access and pride”is an excellentmessagetoremind the customerthatthegolffacilityremains accessible, opentothe public and pricedto provide one of thebettergolfing values in the BayArea.Thismessagealsoreinforcesthe transformation, ideallya win-win forthegolf consumertoreceive highqualityat a“municipal” price point. Sample magazine ads provided as partof theMarketing andThemerecommendationshit on importantconcepts,including: Silicon ValleyLocation Tradition –Thedesign legacyof BillyBell TheTransformation(i.e.,thechanges) The“Green” EnvironmentalCommitmentof theFacility Ourbelief isthatproperimplementation(adequate budgets,qualitycontroland propermedia placement) ofthe program willhave a dramaticeffecton driving newbusiness tothe“new” golf facility. Equallyimportantwillbe the affectthatthese messages andthe newbrand willhave on existing customers,andresidents of Palo Altoandits neighboring communities who currently playgolf elsewhere.In essence,theprogramforre-branding, introducing a newimageand theme, andthemarketing program, hasthe potentialto have averypositive affectonrounds and associatedrevenues. National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –57 A commitmentonthe City’s partto becoming certifiedwith Audubon internationalas a “SanctuaryGolf Facility” is an integralpart oftheabilityto marketthecourse as a“green”aware and operatedgolffacility.Thisgoalshould be undertakenregardless of which reconfiguration option is opted bytheCityand should be workablegiven the operation and/ormarketing budgets afforded.(Note:Beginning thisprocess now, priorto anyreconfiguration work,willhelp guidethereconfigurationwork and willalso establish agreaterdegree of improvement bywhich to attainthe Audubonstatusforthefacility). Plan Option Aposesthegreatest challengeto beconsistentwith the image, brand and marketing changesrecommendedbecauseitdoes notgo as deepintothe manyareas ofthe course intermsof newfeaturesandreconstructed areas. However, thefactthatPlanOption A willdramaticallyreduce turf throughthe course-wide work tocreate native areas andnew “Baylands” themed areas should bean adequatelyappreciated change. Plan OptionsD,F and G willhave no issues aligning with anyof thethemes andmessagesrecommended. With emphasis onaquality, outstandinggolffacility, theCitymaybe ableto realize what we have referredto as a“destination”publicgolf experience.IntheBayareawe would point to such courses as Pasatiempo in Santa CruzandHarding Park in San Francisco asmeeting this definition.Thesetwo courses aregoodexamplesof coursesthat have attained a reputation throughthefollowing attributes: Legacyofthe originaldesign Transformationfrommarginaltoexcellent conditions Commitmentbythemunicipalowners toreinvest in theassets Qualityrebuilding efforts Goodmarketing ofthefinished coursesandfacilities While both oftheabove examples are classiceradesigns(PasatiempobyAlister MacKenzie, and Harding Park byWillieWatson) it isstillappropriatetoreferencetheirsuccessesrelative to what Palo Alto Golf Course could attain.Whetherundertakenunderone,largerreinvestment project,orcarried out overtime,thepotentialtransformationof Palo AltoGolf Courseis bolstered byanumber offactorsinherent inthefacility: A designlegacythatcanbe leveraged—WilliamP. andWilliamF.Bell, theformer responsiblefor designssuch as Stanford,Riviera and Bel-Air A location thatsitsattheheart of Silicon Valley A seaside setting thathasgreaterpotentialtotake advantageof itsnatural landscape —theBaylands environment, Bayandadjoining Sanfrancisquito Creek A population basethat isrobustforgolf roundsbynon-residents A location thatis in oneof thetoptourist areas inthenation Obviously, undertakingmoreintensive reconfiguration(suchas with Plan G) willtransformmore of the existing course and is likelytomeetthisgoalon a strongerbasis.So,too,mayinvesting in moreof thealternate,optionalimprovements,including manyof thelong rangeimprovements beforetheCityforconsideration. National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –58 ECONOMICS OFPOTENTIAL LONG-TERM / ADDITIONAL IMPROVEMENTS Forrest Richardson hasproposedthattheCitystudythefeasibilityof certainfacility improvementsthat are inaddition tothe baseimprovementsrecommended within ReconfigurationOptionsA, D,F,andG(pleasesee AppendixEforsummarytable of potential improvementsand estimated costs).Though NGF believes thatmanyof these improvements would improve theoverallqualityof thegolfer(and non-golf customer)experience, as wellas the imageofthefacilityin theeyes of areagolfers, itis not practicaltoassign incremental rounds played andrevenue dollarstomanyof these improvements(e.g., exterior and entry upgrades,signage/parking,rebuilding practicegreens,“alternate”golf course improvements, designatedyouth area).Practically, theseimprovements,tovarying degrees individuallyand certainlyas asumof their parts, are likelyto drawmore patronsoverall,keep them on-site longer, andincreasetheir propensitytospend while atthegolf course. Wehave confinedourbreak-even analysis to severalpotentialimprovementsthattiemore directlytorevenue: (1)The cart storagebuilding;(2) Expandedmeeting space; and(3) Range PerformanceCenter. CartStorage Building Atjust$4.54perroundin FY 2011,the averagegrosscartfeerevenue per round at Palo Alto Golf Coursesignificantlytrailsthe average of its chief competitive set(seeERA 2008 reportfor City).While the lowcartutilization is partiallya function ofthe“walkability” of thegolf course, ridership andrevenues have also likelybeen constrained bytheverylimited cart storage.Palo Alto GChas only46 carts available, some of which areoldergasoline powered cartsstoredin open storage outsidetheclubhouse(fewer than 35 cartscan bestored belowthe clubhouse).A moretypicalinventoryformostregulation length18-holegolf coursesis±70 carts.Wearetold thatfor largertournaments,additionalcartsmustbe leased andbrought infromoff-site.In summary, NGF believes it is likelythatthelimitedcartinventoryand storage space available has constrainedridership andmayhave actuallynegativelyaffected demandfor dailyfee and, especially, tournament playon occasion. As part of Forrest Richardson’s overallcapitalimprovement planfor PaloAlto GC, hehas included construction ofa newcartstorage building atan estimated costof $440,000.Inthe table below, we illustrate thenumber of yearsit willtakeforthe Cityto break even onthis investment,assuming different levels of incremental gross cartrentalrevenue perround,the currentrentpercentageof 60%,and stabilized rounds activityunderOptions DandF –73,300 rounds.Ofcourse, as noted,it ispossible that having additionalcarts willhave a positive effect on roundsplayed as well, butforpurposes of conservatism we areillustrating onlyincreasesin cartrevenue perround.Wealso assumethatallexpenses associated with thecart leaseand maintenancewillremaintheresponsibilityof thevendor,andthatthere will be noincremental Cityoperating costs associated with thenewbuilding. Palo Alto Golf Course Break-Even Analysis for Cart Storage Building AverageGrossCart RevenuePerRound Increase $0.50 $1.00 $1.50 $2.00 $2.50 IncrementalGross Revenue* $36,650 $73,300 $109,950 $146,600 $183,250 IncrementalRevenuetoCity* $21,990 $43,980 $65,970 $87,960 $109,950 Years to B/E* 20.0 10.0 6.7 5.0 4.0 *Assumes $440,000estimatedcost andstabilizedrounds played of 73,300from Options D,F National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –59 Expanded Meeting Space Theexisting restaurant at Palo AltoGChas limited meeting spacethat has significantly constrainedmeeting andbanquetbusiness atthefacility. Notbeing ableto accommodate larger events of ±250people precludes thefacilityfromcompetingforthemost lucrative, highmargin food &beveragebusiness. Assuch, expanding the meeting/banquet space is another componentofthe long rangeimprovement plan preparedfortheCitybyMr. Richardson. Based onthe estimatedcost provided of $1.7million, and assuming theCityincurs allofthe cost oftheimprovement,theannualdebtservice on a 20-year noteat3.5% would be $120,000 (rounded).NGFhas calculated thatthe incremental annualgrossfood& beveragerevenue necessarytogenerate $120,000 in additionalrentstothe Citytomeettheannualdebtservice is morethan$1.71million. Thiscalculation is basedonthe currentrentpercentage of 7%. In its2008study, ERAnoted: “Based ontheexperience of similargolf course oriented banquet facilities andthe demographics of thearea, expanding the clubhousetoaccommodatespecial events with up to250 attendees would add $600,000 to$700,000in annualspecialevent revenue.Thisrentalincome would justifyaboutone-half ofthecostof theimprovements.”NGF concursthat achieving this levelof incrementalgross revenue would likelybe an achievable goal,butwith updatedcost estimates,this levelof revenue would justifyonlyabout 40%of the investment cost.Therefore,thebalance ofthe Cityinvestment inthe expandedfacilitywould have to bejustifiedthroughtheincrementalrounds and associatedrevenues attributabledirectly tothe expandedmeetingfacilities.Based oncurrent andprojected averagegreen+cart(City share)feerevenue perround, itwould take 2,000to3,000of theseroundstohelpfundthe expanded facilities.Of course,theequationwould changemarkedlyif gross revenues accrued tothe Cityunderan alternate operating structure. Range PerformanceCenter Inthetable below, we provide a similar break-even analysis to the oneforthe cartstorage building. Mr. Richardson’s cost estimatefortherangeperformancecenter,plus theadditional6- bayrangeexpansion (we assume both are undertakentogether), is$600,000.Inthetable below, we illustratethe numberof years itwilltakeforthe Citytobreak even onthis investment, assuming different levels of incrementalgrossdriving rangerevenue perround (gross perround was $5.15 in FY 11),therentpercentage of 62%,and stabilized rounds activityunder Options D and F –73,300rounds.Of course,itcannotbe determined what percentageof rangeactivityis afunction of numberof bays as opposedtorounds played, so we have chosen todo a sensitivityanalysis byincreasing averagerevenue perroundratherthanpertee station. Another factor driving thismethodologyis thatthe performancecenter bays willbe usedforteaching, and willlikelyhave less utilization than thealreadyexisting bays. Wealso assumethatallincrementalexpenses associated with theexpanded rangeremain the responsibilityof theconcessionaire, andthatthere willbe no incrementalCityoperating costs associated with thenewbuilding. Finally, we assumethattheCityreceives no lessonrevenue. National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –60 Palo Alto Golf Course– B/E Analysis for Range PerformanceCenter+6-BayExpansion AverageGrossRangeRevenuePer Round Increase $0.50 $0.75 $1.00 $1.25 $1.50 IncrementalGross Revenue* $36,650 $54,975 $73,300 $91,625 $109,950 IncrementalRevenuetoCity* $22,723 $34,085 $45,446 $56,808 $68,169 Years to B/E* 26.4 17.6 13.2 10.6 8.8 *Assumes $600,000estimatedcost andstabilizedrounds played of 73,300from Options D,F MANAGEMENT STRUCTURE NGF was toldthatsomeCitystaff would like tofurtherexplore - via issuance of an RFP in advance ofthe ProShopand Maintenance agreementsexpiring inApril, 2013 -theimplications of changing theoperating structure atPalo AltoGolf Courseto amanagementcontract.We have been askedto offerouropinion asto whetherthis type of structurewould be more effective, orproducehigher net operating incometotheCity, thanthe current“hybrid” structure thatinvolves both amanagementfeeand aconcession onthegolf operations side, privatized maintenance, anda separatefood& beverage concession. As EconomicResearchAssociates(ERA) noted in their2008OperationsReviewof the Palo Alto MunicipalGolf Course,the currentagreementforgolf operationsevolved due toIRS regulationsrelatedtothetax-exemptfinancing utilized forthelate1990srenovation ofthegolf course.Specifically, at least 50% ofthecompensation within a management agreementmust befixedfeein sucha case. ERA,afterdoing thefulloperationsanalysis,concluded thatthe current pro shopdealwas “slightlyfavorable”tothe concessionaire. Afterrunning cashflowmodels under various operating scenarios,ERA concluded that CityNet Incomewas maximized with privatemaintenance(subsequentlyput inplace) and“marketrate” concession terms.However, theyalso notedthat“marketrate”, which involved lower concession rentstotheCityand an elimination ofthemanagementfee, was notpermissible by theIRS without arestructuring ofthecurrentdebt. ERA concludedthat,among the operating modelsthat were permissible within the current debtframework,thestructurethatis nowin place at Palo AltoGolf Course –no change in contractterms, but with private maintenance– producedthe highest CityNet Income.Afull-service Management Agreement producedthe second highestCityNetIncome. Withoutdoing afulloperations review, NGF doesnothave sufficient informationtocritically evaluate ERA’s analysis orto identifythe operating structurethat would be thebestfitforPalo Alto GC.Whiletherearea number of advantagestothefullservice managementcontract structure, it is alsotruethat“no onesizefitsall”.There aremanyfactorsand variables to consider when evaluating options,andit would be unfairtoboththeCityand thecurrent vendorsforaconsultanttomake arecommendation regarding theoptimalstructurewithout being retainedtodo afullfacilityanalysis. Carefullyevaluating thevalue proposition that eachof the current vendorsbrings tothetablewould be just onecomponentof such an analysis. For instance,thegolfersurveythat ERA implemented as partof their 2008studyshowed that Brad Lozares was ratedquitehigh bygolfers,indicating considerablegoodwilland “equity” builtup in thegolf shop. Similarly,NGF hasbeentold of improved maintenanceconditions (aswellas considerable cost savings) sinceValleyCrest was brought on. National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –61 Having saidthat,we dofeel confident recommendingthattheCityretainthe current structure atleastthrough thecompletion ofthe renovation project.However, delaying consideration of afundamental changeinoperatingstructure shouldnotpreclude modifyingterms.Forinstance,theCityandthe golf vendormaycome toan agreement resultinginloweringthe managementfeetoreflect reducedresponsibilitiesand concession revenues duringrenovation(especially underOptionG),while stilladhering toIRS guidelines.Not only willthe project substantiallydisrupt business,but significant unknowns include thetiming of theproject andhowthe newlyimprovedfacility willcashflow after being broughtbacktomarket and“re-branded”.Also,thefood &beverage contract doesn’t expire until2018, so some of theadvantages ofthe singleoperatormanagementstructuremay be lessened unlessan earlytermination totheagreement canbesuccessfullynegotiated with the current vendor. Finally, negotiating anewagreementduring construction, when proposers themselves willnot have fullinformation abouthowthe improvedfacilitywillcashflow, may result intheCitynot entering intothe bestdealpossible. NGF believes thatthesearejustafewof the important variables thatmake issuing an RFP at this stage lessthanoptimal.Werecommendthatthe Citywait untilafterrenovation is completedandthe improved facilityhas beenupand running fora yearormore before considering a substantive change instructure.This strategywillprovide additionalinformation thatwillput theCityin abetter positiontomake an informed decision regarding operating structure(forinstance,the Citymayfindthattheimproved “Baylands GolfClub” has significant upside revenue potential,thusmaking itrelatively more attractive tocontrolallrevenues under themanagementcontract structure). LONGRANGE CONCERNS Concernsraisedthroughthepublic process ofreviewing reconfiguration options have included thefollowing long term implications: High saltspresentin thenative soils Intrusion bygeese andburrowing animals Potentialforthe adjacentairportto negativelyaffectthegolf experience In essence,thequestionraised is:“CanthePaloAlto Golf Coursebeexpectedto becomea significantlybettergolf experience given theseissues?” NGF Consulting relies on theopinions of professionals associatedwith individualgolf facilities to addresscertainquestions. For example,inthe case of thehigh salts we look toagronomists, the coursesuperintendent and/orthegolf coursearchitect.Inthecaseofanimalintrusion, because these are oftensite specific, we look tonearbyfacilities toseehowtheyhave dealt with theissue. High Salts Soils high in salts are notuncommontogolf courses locatedalong coastalwaterways and oceans.Inthecaseof Palo Alto thesoils arenotonlyaffectedbythelocation bySan Francisco Bay, but bythepoorlydraining soiltypes.Additionally, theuse of effluent(recycled) water, which typicallyhas higher saltcontent, exacerbates thecondition.While our work hasnot included agronomicevaluation, we have endeavoredto understandthegeneralsituation by comparing outcomeswe have observed at othergolf operations. National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –62 “Linkscourses,”thoselayouts along thedunesformedcoasts ofthe British Islesand similar locales aroundthe world,arepronetosaltysoils.Yet, with their sandysoilbasis,these sites supportgoodturf because thesaltsareleachedregularlydownward bynaturalrains.This isthe hallmark of links courses, andwhytheir development onthesenatural,sandysoils were so appropriate.When soils are not sandyandporous,the build-upof saltsbecomesproblematic. This isthecaseatPaloAlto Golf Course,where management overtheyears hasbeento periodicallyirrigate withfresh water, driving saltsdownward, and toaddgypsum tothesoils. Additionally, themostrecentremodeling work added a capof sandand better soilmixto several fairways, making themmuch easiertomanageand support healthyturf.These bestpractices have resulted inreasonablyhealthyturf growth despite thesaltysoilconditions. According tostaff,while salts are high,theturf has “learned”to adapt.There is adefinite differencebetweenfairways where the sandcaphas been placedand areas where drainage is not asgood andwhere older native soils arepresent.Also, Paspalumturfvarieties have flourished atthegolf course in afewareas.These areasappeartohavemuch bettersuccess ratesof healthygrowth because thenatureof Paspalumgrass istotolerate saltstoa significantlyhigher degree. NGF Consulting posedthequestionof managing highsaltstoForrest Richardson &Associates, specificallyasking whatadditionalmeasures would be affordedthroughthe reconfiguration options toaddressthis issue.Theresponse summaryis asfollows: Management ofexisting sand capping andhealthyturf rootzone material(the uppermost layers ofrootzone) willbe managedthroughthereconfiguration,replacing thatmaterialas“topsoil”to newfairwayand turf areas;thiscostisrepresented inthe probable cost estimatespresentedtotheCityforreconfiguration options. Newsoils willbe imported as possible within thebudgets,potentiallyfromthe StanfordUniversityMedicalCenterproject(s);these additionalcosts(andrevenue potential) have beenaccounted in probable costestimates. Paspalum turfgrasswillbe usedtosod allnewareas offairways, roughsand tees (Note:Thespecific variety is yetto bedetermined). Theirrigationsystemwill provide dualwatering capabilities, able todeliver potable water toselectedareasand amixof effluent(higher saltcounts)andfresh water; this capabilityallowsflushing (leaching of saltsdownward) as is being done currently. Significantlyimproved drainage isaffordedin each reconfigurationoption,helping to prevent build-up of saltsbyquickertransportationof surfacewater awayfromturf areas andthesoilrootzone, andtherebyreducing thebuild-up of saltsthatoccurs when water is allowed to standandslowlyseep intotherootzone. Theseareprudentmeasuresthatarecommonamong golf course sites with highsaltspresent in the soil.Additionally, we understandthattheCityhas agoaltoreducesaltcountswithin its effluentwater system,agoalthatis not necessarilyaimed at improving conditions atthegolf course,butwillhave a definite value to City’sgolf operation asset. Whilethesuccessrate of overallcondition improvementcannotbeguaranteed, we can look at comparableoperationswhere high salts are effectivelymanaged.Thereare numerous examples of thisthroughout California,including the BayArea.California examples include National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –63 Monarch Bay(San Leandro), LasPositas(Livermore), Metropolitan(Oakland),Olivas Linksand Buenaventura (Ventura),andIrvine (ShadyCanyon Club). Manycourses with salt issues areturning to Paspalum turfgrassas ananswer. Some ofthe example coursescited have moved to 100% Paspalumgrass.NGFConsulting notesthatthis trendis widespread in Florida,the Caribbean, Mexico, SouthTexas, andHawaii. In Hawaii,for example, Paspalum varieties have literallytransformedthegolf landscapefroma struggling Bermudagrassregiontoone that nowpredominantlyuses Paspalumin orderto overcome high saltsfrom water, soils and theproximitytotheocean. Even in Montereywe areseeing Paspalum use. Atthe MontereyPeninsula Club,forexample, some areaslocated onthe shore thatwere never ingoodcondition, have beencompletelyre-plantedwith Paspalum and arenow in excellent condition. Ourconclusion isthatPalo Alto can enjoyagoodsuccess overthelong term atthe existinggolf coursesite.Managing salts willhave a goodresult,notonlythroughgoodmaintenance practices, but incombination with thereconfiguration work, which should maketheCity’s efforts tomanage saltsmoreproductive, less costlyand,ultimately, more impacting toa positive golf experience. Ourcautionis thattheplan options(A,D,F andG)each have anassociatedresultthat is specific totheinvestment.Plan A,for example,addressesonlya minorityof the courseturf areas(drainage,rootzone,topsoilmanagement,irrigation,etc.) andwilltherefore not produce positive results acrossthefullgolf course.Plan G, atthe otherend ofthespectrum,resolves virtuallyallareas. Animal Intrusion Managing CanadianGeese infestation isoften dependent onregulationsand restriction placed on locales.Ouradvice totheCityis tostudyavailable mitigationmeasuresandto carefullynote themeasurestaken byneighboring courses.Geese populations have been successfully managedthroughthefollowing measures: Traineddogs,suchasbordercollies Reducing standing waterand openwater(ponds,lakes, swamps) Increasing habitatsurrounding thegolf coursethat willappealtogeese populations Implementing noise,reflective or otherrepellants Sterilization agentsto stopgenerationalreturnofgeesetothegolf courseareas Among themostsuccessfuloperations in Northern California arethecourses of the Monterey Peninsula, notablyPebble Beach Companies andtheprivate clubsin thearea.Withfew exceptions, these operators have usedtrained dogstomanagegeeseawayfromtheirturf areas.An on-sitedog specificallytrainedtomanagegeese populations remainsthemost efficientmeasuretoridgeese infestationfromgolf coursesin theU.S. Notonlyis thismethod humane,butithasthe benefit of alower costthan manyothermeasures,and is less interruptive tothegolf experience.Weunderstand there is added complexityrelative tothe adjacentairportoperation andtherequirementsassociated with making surethatgeese are not diverted totheairport,but awayfromboththegolf courseandtheairport.Forthis reason,we recommendthatthe Citytakea look atjointlyworking out aplanforboththegolf andairport needs. National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –64 Withregardtotheground squirrelinfestation,we understandthatthis isbeing metwith ongoing mitigation effortsthatareallowed under stateguidelines. Also,the increaseof naturalized areas afforded byallreconfiguration optionswillhelp drive habitat awayfromturf and in-playareasof thegolf course. Airport Effects Manygolf facilities arelocated immediatelyadjacentto airports,and yet enjoyagoodreputation and highqualityof golfing experience.Weseenoundue negative associated with therelatively smallprivate plane airport, especiallygiven thattheflight pathsdo not directlyovertop thegolf course itself. Moreover, Silicon Valley appearsto beutilizing the airportforcorporateflights infavor ofthe largerregionalairportsthat posedelays and complexities due totheir scheduled, commercial flightbusiness.Thisfactmayactuallyprove beneficialto thegolf operationshould thegolf course anditsfacilities be elevated a “destination” levelof qualityandreputation.Theresultwith nominalairport useisthatmorevisitorsto Palo Alto willknowaboutthegolf course andbe able toget afirsthandviewofits offerings. Summary Based on experience and inputfrom ForrestRichardson,NGFConsulting believes thatlong- termmitigation oftheconcerns ofthis site isworkable andworththe premiumsrequiredfor maintenanceandmanagement.Inmanycases,golf courses are located on degradedland because thatland cannot beusedforotherpurposes.Wesuspectthis isthe case inPalo Alto and would find itdifficulttojustifyalternate solutions totherenovationsthatmight be considered:(a) continued operation in adeclined state;(b) abandonmentof the assetinfavorof a newlocation,given land values in the area;or(c) abandonmentoftherecreation amenity altogether,given itshighuse andthefinancialforecastspresented. POTENTIALECONOMICDEVELOPMENTOFTHE AIRPORT&GOLF “BAYLANDSGATEWAY” AREA Thegolf course“corner”and sharedentrywith the airport are considereda “gateway” to the Baylands Preserve areas. Assuch,this intersection hasgreatpotentialtobecomemorethan justagolf clubhouseandairport with nominalretailofferings. According tothe CommunityServices Department,forward and creative thinking hasbeen aimed atthepotentialforthis areatobecomeamore user-friendlyand service-oriented destination.Thusfar,thinking has included whetherthe area couldsupportamodestcollection of cafes,retailshops, and perhapseven a hotel.While noformalplans have been commissioned,the Cityhas discussedageneral,long rangeapproachto looking more in depth atthis possibility. Such development,especiallyif it included asmallhotel, would add naturaldemanddrivers in immediateproximitytothegolf course,thusresulting in increasedroundsand revenues. As an example, a 130-room business hotelina high demand localemayhave as manyas28,000 roomnightsbased onanaverage60%occupancyrate.Using amultiplierof 1.3guestsper room,this equatesto approximately36,000guests per year.Using apercentage of 10%golfers and assuming thatthegolf course couldgeteven 20%of thesegueststoplay, the resulting bump would be near1,000 additionalgolfersperyear. Also,thesegolferswould comprisenon- residentspaying the highest applicable rates, andtraveling golferstypically exhibit less price National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –65 sensitivityand would be likelyto alsospendmoneyon the practice range,pro shop, and/or restaurant. PRIVATEFUNDING POSSIBILITIES Of course,asidefromreceiving compensatorymoneyfromtheSan FrancisquitoCreek Joint Powers Authority,the Citymayhave tograpplewith howtofundadditionalmoneyrequiredif ReconfigurationOptionsD, F,orG ischosen,and/orif anywork identifiedas “additional”or “alternate”in thisreportitundertaken.One ofthemechanismsthatwould obviouslybe very preferable totheCityis raising privatemoneytofund some, or even all,of theneededmoney. Based on preliminarydiscussion held between Forrest Richardson,NGF, and theCity, the privatefunding mechanismmaytakea combination of thefollowing avenues thatthe Citywill have to explorefurther: Naming rightsforsomecomponentsofthefacility(e.g.,rangeperformancecenter, certain holes,teemarkers, designated youth area);thismaybefeasible dotothe numberof verywealthyindividuals in Palo Alto, as wellas the verystrong corporate (especiallyhigh-tech/ internet-based)presence. Grants –forexample,the FirstTee,which is very active in thearea. Lease-Back –some within theCityhave mentioned thepossibilityoffinding a design/build entitythatmightbe interested in undertaking allofthe improvements, including soccerfieldsif Option ForG ischosen,and restructuring thefinancing packagetogetthe entireproject, including someor alloptionalmasterplan improvements, doneat one time.Inthiscase,the±$3million the Cityreceives from the SFCJPA couldbe used toward paying offtheold debt anda newarrangement put in placeforthe work torebuild thegolf course. TheStanfordSoilImportis a wildcard in the equation. It could bring revenue intothe equation, but likelynotmorethan $500,000.Thismayprovide a partialfunding mechanismtohelp payfor some ofthemiscellaneous suggested work that willnot have a revenue streamattacheddirectlyto it(entryexperience, trails,signage, parking, etc.). National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –66 Appendices APPENDIX A– COMPARATIVE SUPPLY RATIOS –PALO ALTO GC&KEY MUNICIPAL COMPETITORS APPENDIX B– COMPARATIVE SCORINGOFRECONFIGURATIONOPTIONS APPENDIX C– WATER &POWERUSE DISCUSSION&ASSUMPTIONS APPENDIX D– REVIEWOF PROBABLE COSTESTIMATES APPENDIX E – POTENTIAL LONG-TERMMASTERPLANIMPROVEMENTS National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –67 APPENDIX A–COMPARATIVESUPPLYRATIOS– PALO ALTOGC&KEY MUNICIPALCOMPETITORS NGF haspresenteda comparisonof somekeygolf supplymeasuresforPalo Alto GCand its keymunicipalcompetitors, with the5-mile radiusaround eachfacilitythe basisfor comparison. Wenotethatallof thesubjectfacilities, exceptforSantaTeresa, have veryhigh household/supplyratios,which is one ofthekeyfactorsthatexplains the veryhighrounds figuresrealized per 18 holes among municipalgolf courses inthismarket. Also of note,in its2009publication “The Futureof PublicGolf in America,”NGFhypothesized thatthebestpredictorofa publicgolf course’ssuccess was thenumberofgolfersper18holes within a 10-mile radius,with 4,000identified asthekeynumberforprojectedfinancialstability. As shown in thesecondtable below, allof thesubjectcourses(again withexception of Santa Teresa)exceed this numberforthe 5-mile market. Golf FacilitySupply– 2011 (5-MileRadius) 5-mileRings TotalNo.of Golf Facilities TotalNo.of Golf Holes Households per18holes Households per18Hole Index (US=100) Palo AltoGolf Course 4 72 19,836 251 Poplar Creek Golf Course 5 81 17,942 227 SanJose MunicipalGolf Course 6 90 31,377 398 SantaClaraGolf &Tennis Club 6 90 21,027 266 SantaTeresa 6 135 7,841 99 ShorelineGolf Links 4 72 24,206 307 SunnyvaleGolf Course 8 126 19,435 246 Source: National Golf Foundation Golfersper 18 Holes(5-MileRadius) 5-mileRings Golfing Households Est.No.of Golfers1 Total18-H Equivalent Golfersper 18holes Palo AltoGolf Course 14,206 21,309 4 5,327 Poplar Creek Golf Course 14,243 21,365 4.5 4,748 SanJose MunicipalGolf Course 30,527 45,791 5 9,158 SantaClaraGolf &Tennis Club 17,855 26,783 5 5,357 SantaTeresa 12,250 18,375 7.5 2,450 ShorelineGolf Links 16,695 25,043 4 6,261 SunnyvaleGolf Course 24,118 36,177 7 5,168 TotalU.S.“Threshold” forSuccessfulPublicGolf (10-mile Ring) 4,000 1 GolfingHouseholds x1.5 Source: National Golf Foundation National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –68 APPENDIXB –COMPARATIVESCORINGOFRECONFIGURATION OPTIONS As a usefultoolinformulating proformaprojections, NGF hascomparedthe Reconfiguration Optionsusing a“scorecard approach”wherebyattributes andbenefits areassignedscores(1- 10).Thismethodallows a side-by-side comparison, providing a wayto reviewpluses and minuses associated witheach option.Webaseour scoring onseveralfactors,including the following: Details presented(plans,conceptualimages, etc.) Public commentsand historicaluseof thefacility(rounds anduse) NGF Market Analysis (localand regionaltrendsandgolf participation) Competition within themarketarea Details and othergivensregarding the changestotakeplace(golf designconsultant involved, howfaralong the proposedchangeshave been studied,budgets, etc.) Long termviabilityof thechangesandmarketacceptance Known preferencesofgolfersrelative tocourseconditioning,consistency,etc. Qualityof theconsultants involved In situations wheregolffacilities are proposedtobe reconfigured,thereare bothsubjective and objective considerations.Additionally, there isoften difficultyin verifying to what degree proposed changes willbe carried out. Fortunatelyin thecaseof thePalo Alto Golf Course,the Cityand SFCJPA have accommodateda verythorough processand detailso we areable to look attheplans, beforeand afterimages, andother documentationthatquantifythechanges associated with theoptions. Scoring is onefactorconsidered in estimating potentialchanges inthefinancialperformanceof thegolffacility. For example, agolf course with significantlymorepracticeopportunities, especiallywhen such use is in demand,willpotentiallybring in newuse and associated revenue. Inthecaseof asignificanttransformation of agolf coursefrom an averageorbelow average experienceto one with newholes, views and overalllandscape improvement,it islikely thatan increase in use and/orrevenue willbe realized. And, where we cansee potentialto marketthefacilitybeyond theimmediate area,itis possible torealize an added price-per-round fornon-resident use.Inthis latter example we often citetheabilityofgolf coursessuch as TorreyPines toadopt agreenfee structurethatholds lowratesforresidents ofthe area while chargingmarketratesthat are veryhighfor playersfrom out ofstate.Inthe case ofTorrey Pines, thegap between resident ratesand visitorratesareamongthe widest inthegolf business.Thoughthistype ofgap willnot berealisticforPalo Alto,we doexpect that, depending onthereconfiguration option chose, non-residents willeffectivelybe “subsidizing” to some degree ahighquality, butstillaffordable,golf experiencefor cityresidents. Thefollowing ratingsusea 1-10 scalewhere 1 isthe lowest and 10 isthehighest.Thisranking includes somefinancialconsiderations,butis ancillaryto theproformafinancialanalysis for each option.Therankings hereareusedtoformsome oftheforecastswithin the proforma analyses. Scoring is based onthe basereconfiguration work foreach option (i.e.,less all optional/alternate work listed). Asummarytable ofrankings is presentedfollowing thecategory descriptions. National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –69 Thefollowing arecategories usedtoformthescoring: Yardage & Par –Accommodation of yardage(regulation length)for acourse andpar thatwillbe viable and competitive within themarket andregion Interruption ofPlay During Reconfiguration –Abilityof theplantoretainsome holes (9-hole play) andpractice during reconfigurationwork Consistency of Bunkers& Hazards –Overall impact ofthe planrelative tobunker consistency, aestheticsand other hazards Consistency ofGreens –Overall result ofgreensqualityand consistency Drainage Improvement –Overall positive impacton drainage;eliminating wet conditions Irrigation Improvement –Overallpositive impact on irrigationcontrol,consistency and associatedturfquality Pace-of-Play – Degreeto which the plan accommodatespositive pace-of-playand long range abilitytomanageforgoodpace Improved VisualImpact–Overalllandscape enhancements(added naturalizes areas andvisualimpact) Improved Views –Accommodation ofmoreviews totheBayandterritorialvistas ImprovedGolfExperience Impact-Overallplan benefitstostrategy, excitementof holes, variation of direction, orientationtowind, etc.) Competitivenesswith Area Courses–Abilityof the coursetocompetewith courses in the immediatearea Competitivenesswith RegionalCourses –Abilityof the coursetocompetewith coursesin theregion Likelihood for Destination Visits –Abilityof thecourseto attract specificvisits expresslyto playthe course Ability to Leverage“Green”Marketing –Consistencyof theplan with a“green” environmentalmessage(Baylands tie-in,morenaturalized areas,naturallandscape, etc.) ConsistencywithLong Range Planning –Integration of theplan withfutureplanning (clubhouse,practice,etc.) TurfReduction(irrigation) –Reduction ofmanaged turf acreagefor lesswateruse and reducedpumping TurfReduction(managed care) –Reductionof managedturf in relation tothe ability to shiftmaintenance emphasisfromout-of-playareastogolffeatures andareas moreappreciated bythegolfer National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –70 Comparative Scoring of ReconfigurationOptions Option A Option D Option F Option G Yardage & Par 8 8 8 6 Interruptionof Play during Reconfiguration 5 4 3 1 Consistency ofBunkers & Hazards 7 8 9 10 Consistency ofGreens 3 5 6 8 Drainage Improvement 4 6 8 9 Irrigation Improvement 3 6 7 10 Pace-of-Play 5 10 7 7 Improved VisualImpact 4 6 7 8 Improved Views 2 7 7 8 Improved Golf Experience Impact 3 7 8 8 Competitiveness with Area Courses 5 8 8 8 Competitiveness with RegionalCourses 2 6 7 8 Likelihood for Destination Visits 1 5 7 7 Ability toLeverage“Green” Marketing 5 7 8 9 Consistency with LongRangePlanning 7 9 9 9 TurfReduction(irrigation) 4 6 8 9 TurfReduction(managedcare) 4 7 8 9 National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –71 APPENDIXC –WATER&POWER USE DISCUSSION & ASSUMPTIONS NGF Consulting was notcharged with afullwateror power useanalysis. However,forecasting costsassociatedwith each reconfiguration optionrequiresreasonable estimatesontheaffects of amore efficientirrigation systemcombined with lessturf acreage. Ourconclusions onwater andpower use are based onthefollowing assumptions, derived from CityStaff andthegolf course architect/designteam: Currentirrigation (managed)turf acreage:135 Newirrigation areas efficiencyover/above the existing system:+10% Currentirrigation inefficiencydue toleaks andbreaks(loss):-5% Currentpower inefficiency: -10% Newpower efficiencyrealized withfullcourse better watering times/durations:+15% Annualcostforirrigationrepair duetoage andcondition: $30,000 Using the data andassumptions, NGF Consulting has developed thefollowing forecastfor water and power usedifferences with eachreconfiguration option. Option A Totalirrigatedturffollowing reconfiguration: 96.5acres Water usereduction based on newirrigatedacreage: 28% Approximate areaof reconfigured coursewith newirrigation system:35acres Percentageof irrigated Area with NewIrrigation: 36% Water usereduction of newusage basedon efficiencies of newsystem area: 3.6% (10%efficiencyx36%=3.6%) Water efficiencyof newusagegained duetofewer leaks/breaks: 2%(5%efficiencyx 36%= 2%) Power efficiencyrealized with better watering times/duration:+5% Conclusions ReducedWaterCostEst.(effluent)$- 0- ReducedWaterCostEst.(potable)$72,800(28%x$260,000) ReducedWaterCostEst.(potable efficiencies)$5,645([3.6%+2%] x$100,800) Reduced Power Cost Est.(efficienciesrealized) $1,200(5%x$24,000) TotalEst. Reduction inWater & Power Cost $79,645/ annual Option D Totalirrigatedturffollowing reconfiguration: 92 acres Water usereduction based on newirrigatedacreage: 32% Approximate areaof reconfigured coursewith newirrigation system:40acres Percentageof irrigated Area with NewIrrigation: 43% Water usereduction of newusage basedon efficiencies of newsystem area: 4.3% (10%efficiencyx43%=4.3%) Water efficiencyof newusagegained duetofewer leaks/breaks: 2%(5%efficiencyx 43%= 2%) National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –72 Power efficiencyrealized with better watering times/duration:+10% Conclusions ReducedWaterCostEst.(effluent)$-0- ReducedWaterCostEst.(potable)$83,200(32%x$260,000) ReducedWaterCostEst.(potable efficiencies)$7,258([4.3%+2%] x$115,200) Reduced Power Cost Est.(efficienciesrealized) $2,400(10%x$24,000) TotalEst. Reduction inWater & Power Cost $92,858/ annual Option F Totalirrigatedturffollowing reconfiguration: 91.5acres Water usereduction based on newirrigatedacreage: 32% Approximate areaof reconfigured coursewith newirrigation system:58acres Percentageof irrigated Area with NewIrrigation: 63% Water usereduction of newusage basedon efficiencies of newsystem area: 6% (10%efficiencyx63%=6.3%) Water efficiencyof newusagegained duetofewer leaks/breaks: 3%(5%efficiencyx 63%= 3%) Power efficiencyrealized with better watering times/duration:+12.5% Conclusions ReducedWaterCostEst.(effluent)$- 0- ReducedWaterCostEst.(potable)$83,200(32%x$260,000) ReducedWaterCostEst.(potable efficiencies)$10,711([6.3%+3%] x$115,200) Reduced Power Cost Est.(efficienciesrealized)$ 3,000 (12.5% x$24,000) TotalEst. Reduction inWater & Power Cost $96,911/ annual OptionG Totalirrigatedturffollowing reconfiguration: 92acres Water usereduction based on newirrigatedacreage: 32% Approximate areaof reconfigured coursewith newirrigation system:92acres Percentageof irrigated Area with NewIrrigation: 100% Water usereduction of newusage basedon efficiencies of newsystem area: 10% (10%efficiencyx100%= 10%) Water efficiencyof newusagegained duetofewer leaks/breaks: 5%(5%efficiencyx 100%= 5%) Power efficiencyrealized with better watering times/duration:+15% Conclusions ReducedWaterCostEst.(effluent)$- 0- ReducedWaterCostEst.(potable)$83,200(32%x$260,000) ReducedWaterCostEst.(potable efficiencies)$23,040([15%+ 5%]x$115,200) Reduced Power Cost Est.(efficienciesrealized) $3,600(15%x$24,000) TotalEst. Reduction inWater & Power Cost $109,840/ annual National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –73 APPENDIXD –REVIEWOF PROBABLE COSTESTIMATES NGF Consulting hasreviewed the probable costestimates provided tothe Cityfor reconfigurationOptionsA, D,F,andG.In orderto objectivelyevaluate proposed budgets we look fora baseline of comparison.Thebestresources aresimilar public sectorgolf course projectsinvolving reconfiguration.All golf courseprojectsareunique, as arethe conditionsof the site,construction costs,availabilityof construction materials(sand, proximityof sodgrowing, etc.),andterrain.Additionally, in a situation where theproposedmodifications tothecourseare underway, as in this case, we look toother projects bythe samegolf course architect. Thebestcomparisonsare three projectsbyForrest Richardson,ASGCA: Buenaventura Golf Course (Cityof Ventura,California) PeacockGapGolf Course (San Rafael, California – privatelyowned) Olivas Links(Cityof Ventura, California) TheBuenaventura project was undertakentorebuild an existing 18-holefacilityoriginally designed byWilliam P. andWilliamF.Bell.Thescope was to largelyretain hole corridors throughexisting maturetrees,buttore-turf allof thegolf course.Theproject involved approximately88 acresof fullre-turfing,greensrebuilding (19),newponds (3) andcomplete rebuilding of allfeatures(bunkers,teesandfairways).This projecthad astatedbudgetof $4.5 million which also included site work foranewmaintenance area,a newmaintenancebuilding and improvementstotheentryand parking areas.The work was completed in 2005 andwas funded bytheCityof Venturathrough acapitalbond program. NGF was told thatthegolf course specific work totaled approximately$3.6million and themarketconditionsatthattimewere very similar tocurrentconditions. ThePeacock Gapproject was a completere-build of an 18-holegolf course (also anoriginal design ofWilliamF.Bell), associatedre-routing work forsafetyreasons,anewpond, new drainage,fullnewirrigation system, andallnewfeaturesincluding anewpracticerange.The totalacreage involved was approximately94 acres and included similar naturalized area development as has been proposedfor Palo Alto.The project was carriedout overtwo phases beginning in 2004for areportedinvestmentof $5.1million. Of note isthattopsoilmanagement was verysimilar tothat covered in the PaloAlto Probable CostEstimates. TheOlivas Linksprojectis most similar toPalo Alto among thesethree examples.This course was originallydesignedbyWilliam P.andWilliam F. Belland alsoborders ariver at itsestuary termination point.Thecourse was pronetoflooding and hadverypoor soilconditions asaresult of effluentirrigation and inherentsaltsbywayof its seaside locale.Also apartof thecapital bond programof theCityof Ventura,this 2006-07work was contracted at$5 million in termsof directgolf course improvements.These includedfullre-building using on-site soils. Paspalum grass was usedforfairways, with Bentgrassonthegreens.Ourestimation of thetiming of this work was that itfellduring themostaggressive contracting time inthepast10-15years.The work appearsto have been publicallybid with six qualified bids,eachveryclose tothelowest bid atthe $5million point.TheCityspentadditionalfundstorelocateandreplace their maintenancefacilityover and above thegolf course construction contract. Thoughthere are variables that could affectcost,such astheultimatetiming of theproject and a change inregionaleconomic conditions, NGF’sgeneralassessmentgiven ourexchangeswith Forrest Richardson onthis matter isthatthe probable costestimatespreparedfortheCity (Options A,D,F andG)appearto coverthescope of thework shownforthe options,andare National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –74 conservative in approach. According torepresentatives of theGolf CourseBuilders Association of America(GCBAA) theBayArea represents one of themostcostlyworking locales in NorthernCalifornia based on available labor, housing andthegeneralcost offuel, operations and logistics.Wenotethatthe architect,recognizing thisreality, hasincluded a significant degree of projectmanagementand contingencyin estimatespreparedforthe City-important componentsthatwe often see omitted atthis stage of planning. National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –75 APPENDIXE –POTENTIAL LONG-TERM MASTERPLAN IMPROVEMENTS Thetables belowsummarize some ofthe long-term and/oroptionalimprovementsthathave been presented byForrest Richardsontothe Cityof Palo Altoforconsideration. ClubhouseImprovements Exterior Condition &Upgrades - Estimate:$250,000 Aestheticimprovement to facings, color, materials Replace, upgrade landscaping ExpandMeeting Spaces - Estimate:$1,700,000 Current Space: 75 in one room + 70 on patio Expand main pavilion room to hold 200 Expand/open patio to hold 100 additional(300 total) Create outdoor wedding garden Reconfigure grillas potentialrestaurant space (60) Reconfigure bar as pub seating w/ patio for 60 addl. Expand/improve kitchen Expand/screen service yard Expand/open patio to hold 100 additional(300 total) Golf ShopUpgrades - Estimate:$100,000 Expand office/storage Free-up 1,000 s.f. retailspace CreateCartStorage Building- Estimate:$440,000 Currentlystorage for 15 carts; balance kept outdoors and leased temporarily as needed for groups Newbuilding for 70 carts Arrival& EntryImprovements NewEntry, SignageandParking- Estimate: $400,000 Newentry Newsignage Resurfaced parking w/ Landscaping &Lighting (expand to 300 spaces) NewEntry, SignageandParking- Estimate: $200,000 Newtrailconnections (to Baylands, etc.) Bike racks, signage, etc. Practice Facility Improvements RangePerformanceCenter - Estimate:$500,000 Newbuilding &hitting bays for Instruction Smallmeeting spaces and offices RangeExpansion- Estimate:$100,000 (6) Additionalhitting bays(adjusted netting to north) RebuildExistingPracticeGreen- Estimate: $180,000 Newgreen complex as short game area CreateDesignated Youth Area- Estimate:$200,000 Along Embarcadero (2 Acres) RangePerformanceCenter - Estimate:$500,000 Newbuilding &hitting bays for Instruction Smallmeeting spaces and offices National GolfFoundation Consulting,Inc. – Cityof Palo AltoReport –76 Other“Alternate” Improvements On-courseRestroom Replacement- Estimate:$95,000 Newstructure and demo existing Replace Balance of IrrigationSystem (Varies w/ Plan Option)Complete newsystem &control RebuildAll Greens onCourse(Varies w/PlanOption)Rebuild allgreens to USGAspecs Resodall Fairways onCourse(Varies w/ Plan Option)Newand consistent turf variety throughout NewEvent PracticeGreen/Area- Estimate:$80,000 Separate event green and area (Plan Donly) SandPlateNewFairways (Varies w/PlanOption)Sand cap to 6 in. ATTACHMENT G FINANCE COMMITTEE DRAFT EXCERPT Page 1 of 13 Regular Meeting Tuesday, March 5, 2013 Five-year Contract Extension for the Palo Alto Golf Course Management Services Agreement with Brad Lozares (Lozares); Amendment to Golf Course Pro Shop Lease with Lozares to Reduce the Term of the Lease From Ten Years to Five Years; and Five-Year Contract Extension for the Golf Course Maintenance Services Contract with Valley Crest Golf. Daren Anderson, Division Manager for Open Space and Golf stated there were four separate, but related contracts at the golf course; 1) Golf course maintenance services with Valley Crest Golf, which expires in April 30, 2013, 2) Golf course management services with Brad Lozares, expires April 30, 2013, 3) Golf course pro shop lease, Brad Lozares is the tenant. This also expires on April 30, 2013, but Lozares had an option for a ten year extension which would until 2023 (through negotiations, Lozares had agreed to reduce the term to five years pending this contract extension), and 4) Food and Beverage Services lease with R&T Restaurant. This lease expires in 2018. Staff carefully considered the pros and cons of conducting a Request for Proposal for the management and maintenance services. The issue was vetted with the City Manager’s Office, with the Administrative Services Division, and with the City Attorney’s Office. The compelling reasons for extending the existing contracts rather than conducting an RFP were; 1) The City was on the cusp of a major reconfiguration of the golf course, 2) The timing of the reconfiguration had not been finalized, 3) The new golf course performance was still undetermined in terms of number of rounds of golf and revenue generation; which would make it difficult to evaluate submittals to determine which is most favorable to the City, 4) The food and beverage services lease was set to expire in April 2018. Food and beverage service is often a central element of a golf course operation. If all the contracts were to expire on April 2018, it would be more attractive to contractors bidding on an RFP that included all the components of the golf course operation, 5) Lozares would exercise his option for a ten-year extension on his lease of the pro shop. It would DRAFT EXCERPT Page 2 of 13 Finance Committee Regular Meeting Draft Excerpt 03-05-13, Item 2 be exceedingly difficult to go out to bid for golf management services, because it would require either a sublease out of the pro shop from Lozares, or operating out of a mobile trailer, and 6) The independent consultant, The National Golf Foundation, hired to perform the Golf Course Financial Pro Forma, as well as an independent golf course financial consultant Richard Thorman, and Golf Course Architect Forrest Richardson all agreed that because of the aforementioned reasons the City should wait until the renovation is complete, and the improved golf course has been up and running for a year, before considering a substantial change in maintenance and operating structure. These consultants also recommended extending the golf maintenance contract, citing how critical would be to have the contracted superintendent involved and present for the construction of the new course. If these contracts were extended for five years as proposed, the Staff recommendation is to conduct a Request for Proposal (RFP) in April 2018, when all four golf course contracts would be set to expire. This would be the opportune time to conduct an RFP. The golf course reconfiguration would have been completed likely giving at least two years to see how many rounds and how much revenue the new course would generate. Having all the contracts expire would likely attract more interest in bidding on an RFP because it could include the entire golf course operation. The advantage of having one contractor running the entire golf course operation is there would be a unified vision and goal that was focused on the entire experience at the golf course. In negotiating with both Brad Lozares and Valley Crest, Staff broke the terms of contract into phases associated with the golf course reconfiguration; Phase I) Pre Construction would take place from May 1, 2013 to the day construction starts, Phase II) During Construction (anticipated to be 1 year), and Phase III) Post construction through April 30, 2018. The City negotiating team negotiated a 5 year extension with Lozares who agreed to reduce the term of his pro shop lease down from ten years to five. During Phase I: Lozares would continue to provide the same services previously provided and receive the same level of compensation, a fixed management fee of $345,333 per year, 40 percent of the Driving Range revenue, and 38 percent of the golf cart rental revenue. One hundred percent of the green fees would still go to the City; and per the terms of his pro shop lease Lozares pays $2,000 per month or 4 percent of the gross revenue from pro shop merchandise sales, whichever is higher. The Impacts of Phase I include Fiscal Year (FY) 2012 actuals, Lozares’s total compensation fixed fee, and the variable fees of carts and range were $600,949. The budgeted amount for FY 13 is $641,533. During Phase II: Lozares’ compensations changes significantly. The fixed fee DRAFT EXCERPT Page 3 of 13 Finance Committee Regular Meeting Draft Excerpt 03-05-13, Item 2 would drop to $30,500 per year. The Driving Range would be the main source of revenue because it will not close during the renovation. There will be no green fee or cart revenue because the course will be closed. The percentage shifts on the split on the Range to 15 percent for the City and 85 percent for Lozares. Lozares would cover the full costs for maintaining and staffing the Range; and spend approximately $90,000 per year to operate the driving range. This revenue split will also help serve as incentive for Lozares to help encourage range activity. The pro shop lease terms would change to $1,500 per month or four percent; and during the slow months of November, December and January. Lozares would only be required to pay four percent of gross revenue due to reduced visitation to the course. Impacts of Phase II include the course closure leaving the driving range as the only revenue source. Projections for revenue in FY 2014 were $82,400 (25 percent of FY 2012’s range revenue). If the revenue generated 35 percent of what was earned in FY 2012, Lozares would make $105,789 and the City would make 15 percent or $18,668. For Phase III (post construction through April 2018) the City’s negotiating team’s goal was to create an agreement to cover operational expenses, generate a surplus, and unify the interests of the Contractor with that of the City. The key element was to reduce the fixed management fee (the money the contractor received regardless of how well business was going); and include a small percentage of the green fees with a corresponding reduction in the other variable compensation (cart rentals and driving range revenue) including; 1) The fixed management fee was $300,000 (about $45,000 less than the previous contract), 2) The Range revenue split would change to 80 percent City; 20 percent for Lozares, 3) Cart rental 80 percent City; 20 percent for Lozares, 4) Green Fees would be 95 percent to the City; 5 percent for Lozares, 5) Pro Shop rent was $3,000 per month or 5 percent of gross revenue of pro shop merchandise whichever is greater. This would be a $1,000 per month increase over the previous lease agreement. It was intended to reflect the increase in value of the facility due to the City’s investment in the reconfigured course, 6) Credit card fees will be split between the City and Lozares according to the percentage split of all revenue sources, and 7) On site club rentals and pull cart revenues will be considered part of the merchandise revenue from pro shop. Impacts from Lozares Agreement included, compared to the current contract (Phase I contract), an estimated savings to the City of at least $50,000 annually. The overall compensation to Lozares in FY 2012 was $600,949. Lozares’s estimated overall compensation in FY 2015 is $544,975 and in FY16 $562,470. DRAFT EXCERPT Page 4 of 13 Finance Committee Regular Meeting Draft Excerpt 03-05-13, Item 2 Vice Mayor Shepherd pointed out that the proposal would decrease Lozares’s income from $641,000 to $544,000 in 2015. She asked what his reaction to that was. Mr. Anderson said it was a tough negotiation. There were times when he was ready to say, ‘we won’t bid on phase III, get someone else’. But the value was that now if he over performs he had a chance to get extra money. It put the risk and burden on him. Vice Mayor Shepherd asked if there had been consideration that the contract had been off balance to this point previously. Mr. Anderson agreed the contract was generous and agreed that the recent negotiation was better focused. Lalo Perez, Director of Administrative Services said part of the reason that Staff pursued this option, was prior to contracting out the maintenance of the golf course, the compensation to Mr. Lozares maintained, and he had no reductions, while the City made reductions and staffing and operating reductions. Council Member Schmid said this showed that Lozares wasn’t making a lot of money, but still a substantial amount. He asked if Staff had considered what action could be taken if Mr. Lozares simply cut back on services. Mr. Anderson said they did. Lozares has been in his position for 31 years. His reputation is top notch in the golf course community. He insisted the contract would only be successful if he could still operate with the quality he expects. Council Member Schmid confirmed that Staff was comfortable that it would still be quality experience. Mr. Perez said Lozares provided the Staff at the Club House that checked guests in, registered them to play, provided lessons, and the coins for the range, but they were not the Staff on the golf course itself. Council Member Schmid asked if his Staff picked up the balls on the range. Mr. Perez replied yes, the Lozares Staff provided that service. He needed the balls to be picked up otherwise he wouldn’t have buckets of balls available. Council Member Schmid asked if there were a problem on the course who would manage it. DRAFT EXCERPT Page 5 of 13 Finance Committee Regular Meeting Draft Excerpt 03-05-13, Item 2 Mr. Anderson replied the Lozares team would. They also provided a marshaling service. They follow the golfers and keep people on track. The other, separate service is the maintenance, and they do all the things from keeping the sand in the bunkers raked and not too hard. Council Member Schmid asked if we would see the marshals disappearing. Mr. Anderson answered no. Chair Burt said that the marshals were volunteers. They did not receive out of pocket pay. Council Member Berman said he liked the idea of it being more incentive based. That will give Lozares reason to make it a high quality golf course. He said that credit card fees will be split in phase III between the City and Lozares. He asked if the City was covering all of that now. Mr. Anderson said the arrangement under the existing contract the City split the fees for cart rental but not the driving range. Phase 3 incorporated all of it. Council Member Berman said he thought this was a great idea to get everything aligned for 2018. Chair Burt clarified that Lozares did not have responsibility for the quality of the course. But there was an incentive with the new contract for him to participate in the driving of play, the rounds, and the management part of the front end. Council Member Berman said somewhere in the report it said that during this down year that he would set up tournaments, once the course was back on line. Chair Burt asked if they also would receive separate revenue from lessons that is 100 percent theirs. Mr. Anderson said yes. There was one other revenue stream during Phase II, the Pro-shop, which would still be open, although it would be limited capacity due to the construction on the course. Chair Burt asked if lessons would still be offered during the down time. Mr. Anderson said yes. DRAFT EXCERPT Page 6 of 13 Finance Committee Regular Meeting Draft Excerpt 03-05-13, Item 2 Chair Burt asked to confirm that in the capital plan there was no plan to redo the driving range. Mr. Anderson said that is correct. Chair Burt said they had to consider the future of the building as well as the driving range which could potentially come out of the operating revenue. Mr. Perez said Staff was discussing a reserve style process to accommodate needs such as replacement of the range. Mr. Anderson said Lozares was looking at making some improvements to the range, such as adding bays and improvements to the teaching center, since they have a vested interest. However, they wouldn’t do that unless they had an extended contract that would allow them to recoup their investment. Chair Burt asked if the range was perceived to be the best profit center. Mr. Anderson said it was highly profitable, but not compared to the green fees. Chair Burt said not revenue, but profit. Mr. Anderson said yes. The driving range made approximately $30,000 per bay, per year. Chair Burt said it was his understanding from other courses that often the driving range was the largest net producer. He asked what percent of rounds used carts. Mr. Anderson said he didn’t have that information at the time. Chair Burt said they had a moderate projection of an increase on 2013 over 2012 revenues. He asked if that seemed to be the current trend. Mr. Anderson said those projections may not be on track. Staff had some challenges with the golf course revenue. The unpredictability of when this golf course reconfiguration was going to happen has scared away tournaments and revenue has dropped. Chair Burt said this as in 2013, which ended in June. That preceded the earliest possible construction. He asked if FY 2013 was already being affected. DRAFT EXCERPT Page 7 of 13 Finance Committee Regular Meeting Draft Excerpt 03-05-13, Item 2 Rob DeGeus, Recreation Manager said there had been a decrease in play for a number of reasons. One reason was that it was public knowledge that construction would start. There was a very bad month last quarter, which was a big golf month. There was a mosquito epidemic, and the geese continued to be a challenge. They were down 10 percent from last year. Mr. Anderson discussed the golf course maintenance contract. He said Staff met numerous times with Valley Crest to negotiate the terms of a five year extension. Phase I was the continuation of the same level of service as under the previous contract and the annual fee of $750,000 was the same. In Phase II, though the golf course would be closed for reconfiguration, Valley Crest would continue maintaining the putting green and the associated irrigation, the driving range turf areas, and the landscaping around the parking lot and pro shop. The Valley Crest Golf Superintendant will also be on site daily to monitor and serve as a consultant on the reconfiguration project. He explained that in Phase II Staff estimated there would be seven months where Valley Crest would have the aforementioned duties. The rate for those months would be $18,158 per month. At the end of the seven months the construction contractor would begin to turn over completed sections of established turf for Valley Crest to maintain, mow, and grow-in. The cost for the five month grow-in would be $415,000. Almost half this sum was materials. The newly established turf required a lot of additives and fertilizers to get the turf healthy and fully established for play. The total anticipated costs for Phase II is $542,106. In Phase III the negotiating team’s goal was to control maintenance costs while making improvements in the level of service to reflect the investment in the new and improved course. The levels of service changes were designed to address the most frequent complaints at the golf course. The most frequent complaint as the presence of Canada Geese and their feces. The most effective technique has been the use of trained herding dogs. The City hired a company to come for an hour every day. The cost has been approximately $20k per year, and while it has helped to some degree, one hour a day wasn’t sufficient to fully address the problem. In Phase III Valley Crest will have their own trained dog on site. Another example of increased level of service would be the decreased weed threshold levels in order to keep the new course weed free. The annual Phase III fee would be $796,262 for the first 18 months, and then it would increase by Consumer Price Index, which is approximately 1.34 percent. The total costs for Phase III (anticipated to be three years) would be DRAFT EXCERPT Page 8 of 13 Finance Committee Regular Meeting Draft Excerpt 03-05-13, Item 2 $2,410,197. The total cost for all three phases for Valley Crest plus 10 percent contingency would be $4,072,533. Council Member Schmid asked if Staff was asking the Committee to sign off on the contracts. There was a year in there when the revenues go close to zero. And the losses were the first part of the 9 month period with a loss of $460,000 and three months of the next year $23,000 he asked if that amount was covered. Mr. Perez said it was not. There were two concerns: one was the loss and the second was concerning potential project delays. If there were delays to this project the incremental increase would be significant. This was considered an infrastructure project with the goal of paying for itself. However, if the income was not coming in then the City would have to make a determination on how to cover that. Council Member Schmid asked if certificates of participation were being issued prior work being started. Mr. Perez said that would probably be the case. Council Member Schmid confirmed this project would not be drawing on the general fund at all. Mr. Perez answered that was the intent. Staff would need to look at all the alternatives and get a recommendation to Council. Council Member Schmid said there will be big upfront payments both for contractor and the ongoing payments. Mr. Perez confirmed that was correct. Staff had done a great job trying to maintain this contract to a reasonable level. Lozares had done a great job over many years and had a great reputation. Council Member Schmid said the issue was that Phase II was from April 2014 to April 2015 as it ended Phase III would start. So all of a sudden there would be full costs, with revenues immediately at full revenues. It seems that the golf course would need to be resold to the community and ramped up. Mr. Perez answered that Staff worked to add a sensitivity factor into the numbers. Those factors were imbedded. Discussions with the consultant indicated that the novelty of a new reconfigured golf course would cause DRAFT EXCERPT Page 9 of 13 Finance Committee Regular Meeting Draft Excerpt 03-05-13, Item 2 people to want to come play. Council Member Schmid said Rob DeGeus made the point that the anticipation of construction was causing a 10 percent decline. Mr. Perez said yes the financial concern was through 2018 because of the original debt that would expire in 2018. There would not be relief until 2018, in the neighborhood of close to $400,000. So there was certainly a period of concern. Joe Saccio, Assistant Director of Administrative Services said when Staff talked with Lozares about the contract the topic of ramping up became a very important point. It was great keeping them there because they have contacts in the community; they are respected by golfers in the community. Also they intend to do a marketing campaign just before the course opens again to attract everyone back. So that was a concern during the discussion, and hopefully he ramps up slowly as well based on business. Staff definitely included that point in the discussion. Council Member Schmid discussed the potential for additional soccer revenue at $230,000. Mr. DeGeus said that the National Golf Foundation Report referenced the 10.5 acres that the City carved out of the golf course property. The City would have the potential to build the athletic fields at some point in the future. There is not funding for that at this time and there is no design for it. But if was built, it could generate $200,000 in revenue to help offset the costs of maintaining those athletic fields. Council Member Schmid asked if soccer players pay substantial amounts. Mr. DeGeus answered that they play a fee to use the fields. Any time there was a group of 25 people or more they were required to get a permit to participate. Council Member Schmid said at the Baylands the City was giving park land at no cost to the water treatment plant, yet the soccer users would be paying. It seems inequitable to treat two different groups differently. Chair Burt said the City did not charge park users out there. Mr. DeGeus said they charged organized sports groups only. Council Member Schmid said there might be a way of getting some rent from DRAFT EXCERPT Page 10 of 13 Finance Committee Regular Meeting Draft Excerpt 03-05-13, Item 2 other users of the Baylands Park, and sharing the costs. Chair Burt said he wanted to focus on the maintenance costs in Phase III. He said they switched from Valley Crest from previously having in-house staff. He asked if Staff found the quality of maintenance comparable, better or worse to what we had before. Mr. Anderson said it was better, largely because they could afford to have more Staff. Chair Burt said when the National Golf Foundation had projected a lowered operating cost, as well as higher number of rounds and higher green fees. The profit was three factors, and the lower costs were attributable to the fewer acres to be managed, 8 or so acres that go to flood control, the 10 or so acres that were for playing fields, and an additional 30 plus acres that would move from turf to natural vegetation that would not only require lower expenses in water, pesticide, and fertilizer, but he thought the labor would be lower. He was expecting that as a result they would see the maintenance costs go down. The Lozares contract looked good, counter to his assumptions. Mr. Anderson agreed. There as a turf reduction; there will be more naturalized areas that will require less water. That is one of the big savings that isn’t evident the contract itself. But there will be water savings from 35 acres that will no longer be manicured turf. So while there will be less maintenance, the costs increase rather than decrease because the higher level of service. The new course will be maintained at a higher level Chair Burt said this course was going from moderate to low end of public courses to one that will be a better public course on the peninsula. In some ways it will rival some of the private courses. That in itself meant that it must be maintained at a higher quality than in the past. That would mean that the offset of higher quality maintenance versus quite a lot less, 50 acres out of 160 something acres, almost 1/3 less acreage that needs active maintenance of turf and greens. He was surprised that the maintenance costs go up as a result of those two trade off factors. Mr. De Geus said one of the challenges was that they don’t have the new golf course yet. So Valley Crest was contemplating how much it was going to cost, they were hedging their bet; not really sure what was going to be out there and what would be involved in the maintenance. The current golf course, although it was a lot more acres of grass to mow, was very flat, very straight, and very easy. The new golf course had a lot of undulations and a lot of natural areas that would require a different type of maintenance and a DRAFT EXCERPT Page 11 of 13 Finance Committee Regular Meeting Draft Excerpt 03-05-13, Item 2 lot of time to maintain. That was a piece that added costs. Chair Burt asked if Phase III went out to multiple bidders. Mr. De Geus said it was only negotiated with Valley Crest. Mr. Perez said this would allow Staff to prepare for the RFP process in 2018. Staff can take advantage of this experience; and build requirements based on this commitment. And that the good thing is that the City is not locked into a long period of time. Chair Burt asked why they needed three years to have a good sense of how to go out for an RFP. Mr. Perez answered that they will align all the services at the same time, so they can have the comprehensive management of the golf course. Chair Burt said so there was a negotiation, but it was with a single bidder. That was always an odd negotiation. It seems to me that they would have leverage that if they agree to not send this out to multiple bids, that they might be able to negotiate more favorable maintenance terms. He expressed concern with the maintenance contract. It was hard to judge based on the limited information that the Finance Committee Members had. They had two options: send it out for multiple bids for this Phase III, or have better terms for Phase III based on a negotiated single bid. Mr. De Geus said he recalled it a little differently. They anticipated that the maintenance costs would remain the same and actually rise slightly. He said that in 2015 there would be maintenance costs of $825,000, then it would go to $837,000, and then $862,000. Chair Burt said they anticipated higher maintenance costs in the contract. Mr. De Geus agreed. Chair Burt said they could choose to go out for multiple bids. Mr. De Geus said there is an advantage to having them here. They want someone who knew the golf course, the irrigation system, someone who has helped Staff inspect and oversee the construction of the course. Chair Burt said that they have resulted in a considerable cost savings to the City which Staff said would be higher quality maintenance. He said they had two options: Accept the maintenance agreement as it was, or ask Staff to go DRAFT EXCERPT Page 12 of 13 Finance Committee Regular Meeting Draft Excerpt 03-05-13, Item 2 back and attempt to negotiate a better year one through three of Phase III maintenance contact terms in exchange for granting a three year Phase III contract. Mr. Anderson said they were approximately $30,000 below the projected FY 2015 contract costs. They projected $825,000 for contract maintenance services, come in at $796,000. Council Member Berman asked if there was any time table backstop for going back to them for negotiations. Mr. Anderson answered no. Staff negotiated with them just like Lozares. Chair Burt said Staff didn’t have the leverage of going out for bids. In negotiations having a competitor mattered. Mr. Anderson said with both Lozares and Valley Crest Staff discussed the issue of going out for bids. Lozares was a little more challenging because he had the Pro Shop lease, but with Valley Crest that specter was out there and was voiced in the very beginning. Vice Mayor Shepherd said Phase I is $750,000, which is the standard contract; and then it went down to $542,000, but a lot of this went into materials in order to feed the new system, so they actually do have a course. She was concerned that this was just to get us to 2018 to go out for the whole sweep of contracts. There would be a period of time with some fragility, where there might be shifting months. There was a reliability of being able to work with this contractor. She assumed that Phase II meant they would have to shift their own workers or lay people off and then bring them all back. So it was a volatile period. She noticed that there was an increase of 6 percent over the $750,000, which was not out of the range of cost of living. And then it went to a .06 percent for some reason, and then 1.3 percent in the last year. Mr. Anderson answered it was the best deal they could offer. Vice Mayor Shepherd said she was fine with this, understanding that in 2018 that it would be going out. She hoped that it is a good decision to go out for all four bids at one time. And it would give Staff some experience so that when dealing with all four. Mr. Perez said that they would make it as the preferable option, but they would not decline somebody from providing specific pieces, if they want to just bid on the maintenance or just the management. Staff wanted to keep DRAFT EXCERPT Page 13 of 13 Finance Committee Regular Meeting Draft Excerpt 03-05-13, Item 2 all options available Chair Burt acknowledged that both parties had an interest in not changing to a different maintenance supplier. Council Member Schmid said he assumed that the $750,000 included the $20,000 dog? Mr. Anderson answered that the $20,000 dog service was picked up by the City under the current contract. And the Phase III contract will include the dog service. Chair Burt asked if there was any interest in reconsidering the maintenance contract that has been negotiated. Council Member Berman said there was no down side to that, other than May 1, 2013 was the beginning of the new contract. The City could ask them to go back and try again, but they would have to come back pretty soon. Chair Burt said with the clarifications that it is below the anticipated budget. MOTION: Vice Mayor Shepherd moved, seconded by Council Member Schmid to recommend the City Council approve: 1. The proposed five-year contract extension for the Palo Alto Golf Course management services agreement with Brad Lozares (Lozares), and the proposed amendment to the existing lease agreement for the Golf Course Pro Shop with Lozares to reduce the term of the lease from ten years to five years; 2. Review the proposed five-year contract extension for the Golf Course maintenance services contract with Valley Crest Golf; 3. Recommend that Council approve, and authorize the City Manager or his designee to execute, the amendment to the General Services Agreement for Golf Course management services with Brad Lozares in the amount of $2,058,073 and the amendment to lease of the Palo Alto Golf Pro Shop premises with Brad Lozares for a term of 5 years, beginning May 1, 2013 ending April 30, 2018; and 4. Recommend that Council approve, and authorize the City Manager or his designee to execute, the amendment to the General Services Agreement with Valley Crest Golf in the amount of $4,072,533 and for a term of 5 years, beginning May 1, 2013 ending April 30, 2018. MOTION PASSED: 4-0