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HomeMy WebLinkAbout0132.092(D: ... • • l' ... " January 30, 1992 THE HONORABLE CITY COUNCIL Palo Al~o, California Golf coyrse Master Plol!L_~_[) __ f!velopl:lent Members of the Council: REPORT IN BRIJ:..1.: FOR STUDY SESSION IMOSDAY, FEBRUARY 3 The purpose of this report is to provide inf,'~rmation to Council for discussion of the proposed developmen~ of a master plan for the renovation of the Palo Alto Municipal Golf Course. BACKGROUND The Palo Altc Municipal Golf Course 'Was constructed in the mid 1950's in the Baylands area, a former salt marsh area that is below sea level. Since its inception, the Golf Course has been plagued by poor turf and landscape quality due to the extremel:y high s~lt and sodium content of the soil, the high salt watp.r table and the volume of play. OVer the last decade, the Golf COiJrSe has been one of the most successful municipal courses in the Bay Area. This has not only impacted the Golf Course, it has also affected the regtaurant, golf shop and parking lot. These faciliti€s ...... ere reconstructed in the late 1970's, but are no longer sufficient to accommodate the heavy, demand of the Golf Course's customer base. In the last two to three years, the aging infrastructure, urought­ related turf, soil and tree proble~s, a~d ongo:ng heavy use have caused the .::ourse to deterior-ate and made it IT't:Jre and more difficult for staff to provide a qual ity experience at the Palo Alto Municipal Golf Course. At the same time, neighboring golf courses have undergone some extensive renovations and added ne~ facilities to enhance th~ir operations. If our direction is not changed, some of the problems at the Gal f Course ""ill become irreparable and the course use 'ioo'ill decline, creating critical financial problems. With t-h~se issues in mind, staff has been investigating improvements that are needed to maint.ain a quality facility and that will meet the heavy Use demands. CMR: 132:92 ~-'''''''''.",!""!!",,,,,,,,,.,,,,,,,,,,~ ,~."".". "." .<:~~~~~L :!~J~~~ -~.:' '.': - • JanUdr)' 30, 1992 Page T".o In 1986, the firIrI of John Brooks Boyd/Robert R. ,Jenks Associates was retained to prepare a concept!..lal study for ipprovements in the clubhouse area (Attachment A). ".I.'his study recommended increased parking and seating capacity to enable the tenants and the City to meet the increased customer deman:is, provide better service, improve limitations in the fi:!cility and provide greater revenues to cftset costs of operations ar.d capital imprc,·,Cer.lent needc that are required to ke~p this Golf C~urse competitive. In 1988, Sherman, Johnson Associates co~pleted an evaluation of the irrigation system (Atta~hment S). ~ith a recommendation for replacement due to aging infrastructure and inefficient operation;;;.. A replacement systell! .... ould reduce the water demand by the Golf Course and increase the pot.ential of u~ing reclaimed -.. 'ater I .... hich 'Will be available to the Gal f C01JrSe in lat.e 1992 ~ With the advent. of reclaimed water usage, it is essent.ial that. a project be implemented addressing the high salt problems in the soil Which caused the pr~vious reclaimed water project in 1976 to fGil. Staff has developed a proposal that .... i11 add a sand base to the tairways to enhance turf grass gro""'th and provide adequate drainage 3nd leaching of salts, In 199.1, a Golf Course capital Project Feasibility Study (nm. 295:91, Attachment C) \o.'as undertaken to determine if a capital program to meet the Coursers needs .... ·ould be financially feasible. The study explains in detail the past history and current problems at the Golf course. It concludes that renovation is necessary to keep the Golf Course viable ane competitive, and that such a project can be paid for by revenue bonds .... hich can be repaid by futUre Golf Cours~ income, It reco~~ended that staff advise the City Council to proceed .... ·ith the hiring of a consultant to prepare a master plan that "'Would clearly plan o",J.t the scope ar.d full costs of the proposed renovation. Without this project, the Golf Course will continue to have increased :maintenance problems; ope!'"ational costs will accelerate; customer dissatisfaction ~ill increase; the customer base will diminish; and, eventually, the Golf Course revenue picture, 'Which has been po'Sitive durirlg the 1980's, coul.d reverse. As in all businesses, we need to continually improve our facilities and services in order to maintain a quality service and retain our customer base. DISCUSSION Staff has analyzed the recommendations in the Feasibility stUdy and has presented the findings to the Golf Advisory Con~ittee, which represents the five active golf groups (I Senior group, 2 Women's CMR:132:92 I '" -,'~~L~J.,-.~~.~·~~~~'-'-"··-""-"----"" -'<~f' ··<~~~~~tr~< - '" j:" 1\" ;4\ . 1 · ~. ".'" ___ ~.-ot.lAi!Iwl_ January 30 1 1992 Page 'l.'hree -..-----.---~" ---.. '~ 9-iiole groups, 1 Women 1,S 18-Hole group and the Palo Alto Gelf Club, 1 the public at large l and to the Golf Course !jonprofit C-orporation Board of Directors, ","'ho oversee the current bond indebtedness. Both the Golf Advisory Committee and the Nonprofit Corporation are 100 percent supportive of the plar.ned improveme.nts ~nd feel they are long overdue. (See Attac::unent D) Staff is proposing a long-term Golf CO'Jrse Renovation Project that ~ill include the follo~ing: 1. improvement of turf conditions 2~ r-eplacement of ~he aging and inefficient irrigation. system 3. installaticn of a system to allow use of reclaimed 'Water 4. improved parking and clubhouse/pro shop facilities to accommodate the increased usage and enhance revenues 5. completion ci the cart path system 6. course modifications to improve. drainage, play circulation, safety and maintenance 7. use of modern technology It is anticipated that t~a years will be required for the master plan, environmental assessment and design phase, and another two years for-construction. Staff anticipates completion during the 1995-96 fiscal year. During the two year construction period, 50 percent of the Golf Course will be shut down each year. As a result of this closure l the play and revenues for the Golf Course will be reduced by at least $350,000 per year. Ho~everr the revenue reduction could extend longer than the t~o years because the closure will cause some erosion of the consumer base and there 'Will be a time before that can be rebuilt. It is hoped tha't all the play will ret).;.rn 'Within t~o years after completion of the project; hO'wever, we cannot accurately predict ..... hat the revenue losses will be. Staff anticipates that, if everything goes well, the Golf Coun;e will be operating in the black, including paying back the new bonds, within five years after the start of construction. On Monday, Februa'ry 3, 1992, staff 'Will m.eet ..... ith the City council in a study session to further elaborate on the Golf Course conditions and the plans staff has to improve them~ The agenda will include a discussion of the 19B6 conceptual study of the Clubhouse area, the 1988 Irrigation St\.ldy, the 1990 Financial Feasibility study and the approach staff proposes to take ~ith this project and how it will be funded. CMR:D2:n I I 1 1 I J'anu~ry 3C, 1992 Page Four If the City Council feels staff should proceed ~ith this project, 'We .. -ill return to council requesting approval of the preparation of a Golf Course Master Plan. This plan ~ill more clearly define the scope of work and develop an accurate cost estin:ate of tt'.at · .... ork. In conjunction ..... ith the Mas,.ter Flan preparation, -.. 'e ... 111 ~_lso be preparing an environmental assessment for this project. Respectfully submitt~d, Paul Dias Director of Parks & Golf ~]~{(. -----Paul Thiltqen Oirector of Community services City Manager Attachments: John Brooks Boyd/Robert R. Jenks Associates Cor.ceptual study CMR: 132 ~92 Sherman, Johnson Associates Irrigation Evaluation Golf Course Capital Project Feasibility Study Let~er fro~ Golf Course Corporation Aat] Lt Jc+t"" BROOKS BOYD:' ~09£r~ .JENKS ASSo.:LA.TES '-' Attachmer,t A SE.PH,I-tBER, 1986 PALO ALTO GOLF COURSE ~~O CLU8~Oi)SE ADDITIONS A~D HOD1FICATIONS THE FIRM OF BOY~/JENKS ASSOCIATES~ ARCHITECTS IS PLEASED TO PROVIDE THIS CONtf.I"TlJAl.. KASTER PLAN AND ~EPORT FOR ""IOD1F-IC.e.TICNS. TO iHE MUNJCIPAL GOLF CLUBHOUSE FACillT' AND ITS ~DJACfNT A~EAS. AN ORIGINAL SCOPE OF WORK WAS OUTLINED 8y T~E DEPARTMENT OF RECREAT]ON. SU8SEQ~ENT MEETINGS ~IT~ PAUL T~iLTGEN OF THtT CEPARTMfNT AND PAUL OIAS OF THE GOLF COURSE STAFF WERE INSTRUM~~TAL IN THE FOLLOWING ANAL¥SIS OF PROPOSED CHANGES AND RELATED BUDGETS, IN ADDITION TO THE ABOVE, aOYD/JENKS HAVE CONSULTED WlrH MR. DON KNOTTS OF ROSERT TRENT JONES II. GOLF COL.'RSE ARCHITEC1'S .. A.ND MR. RICH.ARD GOM OF EARTH SYSTEMS. GEOTECHNICAL CONSULTANTS. . STUD1ES Of VAR]OUS SERVICES INCLUJED IN THIS ~EPORT AN~ DRAW1NGS ARE: A. EXPANSION OF PARKING LOT, STUDY FOR N~W ENTRANCE AND AN ADDn IONAL EXIT. B. ASSOCIATEO LANDSCAPING. c. EXPANSION OF KITCHEN AND DIN1NG ROOMS. D. EXPANsrON:OF BAR FACILITY. E. DRIVING RANGE TEE EXTENSION TO E4ST. F. POSSIBLE LIGHTING OF DRIVING RANGE FOR N1GHT USE. G. ADDING A NEW SMALl.. PUiT!NG GREEN NE~,R 41 TEE. H. EXPANSION OF EX1STING PUTTING GREE~. 1. PRO-SHOP EXPANSION. THE CONTINUED ANO GROWING SUCCESS OF THE ~UNICIPAk GOLF COURSE AND CLUBHOUSE FACILITIeS HAS PR~SENTED OBVIGUS NEEDS FOR ITS EXPANSION AND UPGRADE OF CERTAIN AREAS. THE CLUBHOUSE AND PRO-SHOP WERE BUILT, AND RENOVATiONS TO THE COURse GOLF MA~E. lN 1978. WITH THE COMBINATION OF APPROXIMATELY IODiOOD GO~f ROUNDS PLA¥ED PER YEAR A.ND THE GRO"'ING DPnNG DEMAND, THE ENLAR.GEMENT OF THE -CLuBHOUSE FACILTfY JS ADVlSABLE. LARGE BANQUET REQUESTS, FROM PRIVATE AND GOLF R.ELA.TED ACT!'V)TIES, ARE PRESEN1LY NOT HANDLED FOR LACK OF ACCO~DDA1!ONS} AND THE E.ISTING PARK1NG LOT IS UN~BLE TO HANDLE GOlFERS AND LUNCH BUSINESS SlMUlT~~~OUSLY. TrlE SOLUT10N OF THE TWO CONDITIONS A50VE~ IS TO eXPAND THE OrNING AND 6~R FACJLITy fROM THE FRESEr.T 130 SEATING CAPACITY TO (~) 225; AND EXPAND THE PARKING FACILITY FROM THE pRESENT 213 TO APPR.OX:ll"'cATEL'( 3-E.5 CA~,S THAT COuLD BE ULTIMATELY HANDLED' UPC'N COMPLET I ON OF PH.;.,SE I AND PH,,:,SE I I . .' ME"I.'BER OF H,E AM:: ;=tICA.N I/I,'STIT~H OF A~C~"PTECTS -, l~ADEQUATE ACCO~MDPAT10NS AN~ CON~lTI0NS iN OT~ER AREAS A~E: A. KITCHEN: D1SHWASHING SPACE ANO FOO) PREPA~ATION SPACE ARE T00. JlGHT TO A:C't~,MODA1f ~;:'OPOSE::' :;!~lI"'G EXPANSION. 8. G~~ASe TR~P ANO SEWER LJ~ES I~ADEQ~ATf. C. SNACK WINDOw: GOLFE~S ~fEO QUIC( PICK-UP FOR SNAC~S WHEN P~OCE~DING FRO~ 9TH TO lOiH FA1RWAY wITHOuT EN!ERI~G HA1N EATING AREA. O. PRO-SHOP; STORAGE AND MERChANt!SE· DISPLAY ]S TIGHT. E. OR.I\iING RANGE: HORE. TE-EiNG AR.EA. IS DES1~~.BLE ANO EXISilNG DRIVING RANGE TEES COULD EXTEND EASTE~LY APPROXIMATELY 30 FEET. F. EMERGENCY AND SERVICE VEH!CLE PARK!~G FOR KITCHEN STAFF SHD~LD BE EX~ANDED. SOLUTIONS A~D REMEDIES ARE SCHEMATICALLY S~~~N ON T~e ACCOMPANY]NG DRAWINGS. CONSIDE~AiIONS FOR CONTINUED OPE~ATIO~ OF T~E CLUBKOUSE A~D THE SURROUNDING AREA INFLUENCED THE AD~ITIONS AND CHANGES~ HOWEVER,LONG RANGE GOALS AND EfFECTIVE COSTS WERE PRIMARY IN THe FOLLOwING RECOMMENDATIONS: .A. PARKING LOT FEATURES: J. ADDS 86 CARS FOR PHASE I. ADDS 55 CARS fOR PHASE II. 2. PHAS~r I PARKING WOULD ElI~INATE MUCH OF THE LAWN MAINTH .. ANCE A,REA PROBLEM S:ErwEEN Tt'"E. E)(ISTr~~G GREEN AND THE PA~KING lOr~ THE GRADE OF THIS AREA IS TOO LOW WHICH AllOWS liATER TO COLLECT r~ WINTER AND fROM LAwN SPRlNKLING. 3. PROVIDES PASSENGER LET-OFF AND P]CK-UP SPACE AT WA~~WAY ENTRIES 1 A CON'lE.NI:NCE FO:/ e .. \NQUE·'-S~ PARTiES, ETC. .... PROVIDES NEIo.' l'EXIT -R!GH"T TURN Or~lyl' O~,rO EMBARCADE;:tO ROAD. N'='W "ENTRANCE" IS NOT RECOMl"END~~ AT THrS LOCAT10.~ ALONG EMBARCADERO DUE TO HAZAR~ OF CROSS OVER TRAfF1C. 5. Rf-ALIGNS PARKING STALLS Ai WEST END OF EX1STING PARKING LOT TO ACCOMMODATE 10 ADDITtONAL CARS. E. lMPRO~ES SERVICE AND ~lTCHEN EMPLOYEE PARKING AND ACCESS. 7. P~ASE II WOULD RETAIN AREA FOR EXTENSION OF EXISTING 91CYCLE PATH. wH1LE RETAINING ALSO A GREENBELT AREA AL0~G THE EMBARCADERO ROAD. t B. AS SOC! ArEC LANDSC.t..P 1 f.JG FE,t.J~~E_~: . . . 2 • ADO TREES IN Ex]STING PARKI~G LOT TO CONFORM W1TH C!TY 0= PALO ALTO PARKING LOT STANOARDS. REDUCES LAWN AN~ M~INTENA~CE COSTS ALONG PARKINS LOT I~E~R EMBARCADERO ROAD. -2- --.-.-.-------.~. - ~--.. "~"--- .. C~ IUTC.,EN ANCJ Ol~)_~·K;/I'-',E.ETP1G '<O:l ... ·.S FE.A,~: 1. E~LA~GES (lICHEN ~D ENrlOs~ ~X15Tl~-~~CK ~~CILITY JHEqEBY INCREASING'FOOO p~e~AqA110~, ,EA JNO DlS~~ASHING f,Q.CJLITY. (ONST~UCT '~EW DOCK LOADI',,,, AN8 UNlC~,~ING. 2~ lNCREASES SEATING C:"PACfTY F~OI-\ 104 1'0 152 1N /",.&lIN D!NH:(; AR=:A'4 3. BANQUET ,t.,CCD.~OD.ATrm.;S WCJLD BE INCREASED ... "':"HER::51 IN~R£A.SING T!o1E N!GIi1 Tn/,E "JSA'S-E AND LUNCH CRi)WDS. ~. NEw BANQUET OR EATING SPACE l~ CON~EN1E~T 10 EXISTING KITCHEN FOOD SERVJCE ENTRANCE. S. ROOf LINE EASILY EXIENDED FOR K'TCKe~ ANC DINING ROOM. (EXTENSION OF OINtNG ROOM WESTf~lY TOWARDS 9TH GREEN WAS STuDIEO. WHfLE THIS SOLUTION WOULD Be P~~C'!CAL FOR LUNCH SITTING, IT IS NOT PRACTICAL FOR eA'QUET NEEDS. THE EXIST!NG COLUMNS ON 1rlE w~ST WALL AND HVAC UNITS ARE EXP~N5fVE TO DElET~. 'DEPRESSED FLOOR WOUlJ BE NECESSARY TO MAINTAIN ADEQ~ATE HEAD ROOM IN TH!S EXTENSION, TKERE­ fORf. eXTENSION wESTeRLY IS Nor A P~EFERR~D EXPANSION.) 6. DINING OPENS TO EXPANDED BAR ALlC~lNG MORE FLEXlSll1Tv FOR D1NING EXPAN~ION. NEW SLIDING DOORS COULD Bf CLOSE] WHEN SEPARATION IS D!SIRABLE. 10. BAR -INCREASED C"PAC I n FROM~. TO H SEATS: I. OPENS TO EATING ROOMS. 2. PRov;r'bf PASS-THROUGH WI~DDH TO NEw DECK AREA FO~ Q:J1CK PICK-U~ SERVICE FOR GO~FERS PROCEEDING TO THE 10TH TEE~ _E. DRIVING RANGE EXTENSION: 1. 30 FOOT EXTENSION EASTERL~ IS vlA5~~. 2. ALLOWS MORE TuR~ tN FRONT OF TEE W~JCH ACCOMMODATES BETTER ROTArlON OF IHE TEE. 1. EXTEN~ING THE RANGe ~OUL~ IMPACT THE 10TH TEEI THEQEFCRE THE ADDITION OF HIGK fENCE SHOULD BE SIMUL1A~EOJS. ~F. DRrvrNG RANGE LIGHTS: (INCLUSION Of THIS JTEM IS ~OT NECESSARILY A RECOMMENDATION FOR lMPLEMEN1AilON.) I. NIGHT L1GHTING COU~D EXTE~D USAGE Of RANGE. THE PRUNEYA~D DRIVING RANGE IN CUPERTINO HAS IN$TALlEJ LiGHTS. A~~ EST1KATES TH,~,T 4DI OF -'S'::RS ARE AFTER 6 PM. TKE ESil."",,~TE FDR PALO ALTO MAY SE SUBSTANTIALLY LOWER . • G. NEW PUTTING GREEN NEAR TEE 'I AND EXTENSION OF EXISTING GREE~: 1. GOLFERS WAllING AT II TEE WOULD MAKE USE OF SUCH A GREE~. DON KNOTTS OF ROBERT TRENT JONE~ STATED, THAT THEIR -;- • INCLrNAT!ON WOULD BE 10 (EEP ANC EXPAND THE EX1STING P~ACI1CE G~EEN WH1CH ?ROVIDES A 8EA~T!FUL CPEN lA~DS:AP~ ARE~, NExt TO THE' C"i..·U8~D:"SE. HE ___ OULD RA"!'HE~ SEE Tr:E tlT~ SPEND ~ORE MONEY ACOING A NEW GREEN NEAR THE 1ST TEE AND IMPROViNG THE DRIVING RANGE RATHER THAN SPE~D!~~ ADD1TrONA~ MONIES RELOCATlNG AN EXISTIN~ HEAVILY USED PuTTll'fG GREEN. THE CONS1DERA1IO~ Of RELOCATING THE EXISTING FU1TING GRE~N WAS IF THAT AREA COuLD BE 3ETTER WSED FOR ADD1TI0'IAL PARKING. THESE STUDIES NO~ I~DIC~,TE ADD1TI0NAl PARKING CAN BE ACCOMMODATED WITr-!OUT Trlf RELOCATION OF ThIS G~EEJ.;, IH€. .A.TT~,C:I1EO PLAN.S SHQW THE EXiSTP~G P:.J1TING GREEN eNLARGED TOWARDS THE ClU8HOUSE~ WITH A POSS1BLE SMALLER P~TTING GREEN INSTALLED NEAR THE 1ST TEE. IN ADDIT10N} THE EXISTING GREE~ HAS BEEN EXTENDED TOwARDS EMSARCAOERu AND A SAND T~AP ADDED TO AllOW FO~ PRAC11CE PITCHING. ;H. EXPANSrON OF EXlSTtNG ~RACT1Cf PUTT1NG GREE~: 1. PRoposeD exPANSION IN EAS1ERLY AND WESTERLY D1RE(TIO' COU~LED W!TH PHASE r PARKING ELIMiN~TES AN EX1STING DRAINAGE PROBLEM. THE PHASE 1 PARKING HAS BEEN wCvE~ AROUND EXIST1NG MATURE T~EES A~D A NEw ACCESS WALK HAS BEEN AC~cO FROM 1HE ?ARKING LOT 10 THE ClUSHOUSf. THe OVERALL PROPOSED CHANGES WOULD ENHANCE THE OPEN SOACE AND EL1M!NATE PEDESTRIAN TRAFFIC CliTTING ACRCSS THE EXISTING LAWN .AREA. 11. PRO-SHO~ EXTENS10N FE~TURES: BUDGET I. EXTENDING THE PRO-SHO~ TOWARD TH~ 18TH GREEN WOULD ALLCW 8El!~R COURSE CONTROL fOR THE STARTER AND MORE SPACE fO~ MERC~AND1SE DISPLAY. 2. EXTENDING THE EX1SlING STO~AGE RDO~ NOR~HERLY ~8UL~ DOUBLE THE EXISTING STORAGE SF~:E. BuDGE.T CONSIOERATIONS IN ORDER OF :-~E A8;)',"E ITEJo':S ARE: !A. PAR~ l NG LOT (PhASE I): 1. TRANSFORMER AND TELEPHONE BOX RE~OCATION 2. SIDEWALK AND SPRINKLER PIPE REMOV~L 3. CLEARING AND STOCKPJLE ~. FINISH GR~DING 5. PAVlNG 28, DOD 5Q.FT. 6. NEW EXIT TO EMBARCADEPO R2AC INCLUDING STORM ORA!N CULvERT AN~ CuRB CUT 7. 300 FT. X S FT. WALK AT PARK[NG EDGE B. MISC. HEADERS} STRIPH~G, ETC. 9. B1C¥CLE PATH EXTENSION-AFFR0X. 260 _IN.FT. 10. 3 POLE LlGHTS -l,- : , 0 CD. 2. G 0 C' . 4,50J. .:;. , 0 :::: . l,. ,OG c· • 2 , 6 8 ~ . 3, .: ~ : . '. tA. POR.1M; lOl (PHASE II) 1. CLEAR[NG A~O FIlL.~650 CU.YDS.) 2~-'FINISH GRAD1NG 3. PAV!NG lS~OOO SQ~FT. It. BICYClE PATH EXTENSI01~-APP~Ox. 300 LIN.FT. S. MISC. H~ADERS, STRIPING, ETC. lB. ASsOCIATED LANDSCAPING 1. 27 TREES IN FARK1NG LOT 2. SPiUNKI..E~ REVISIONS, SEEDING, ETC. !. CUTT1NG AND ~EPA!R OF E~lSTING AC~ PAYING TO ALLOW T~EE PLANTING It. LARGE SHRUBS ZOO-~ GAL. 5. SMALL 5H~UBS 100-J GAL. te. KITCHEN ADDITION 1. SiRUCTURE-200 SQ.FI. ADDITiON AND MISC. JTEMS 2. DOCK EXTE'SION-10~ SQ.>T. 3. NEW SEWER LINE -LIN. FT. 4. KITCK,!'N EQUIPMENT cer OTHERS) DINJNG ROOM ADD1T10N I. ADDITION-560 SQ.FT. 2. RflOCATE HVAC UNl TS 3. FuRN1SH1NGS ALLOWANCE (INC. C~~?ET) to. BAR EXPANSION 1-AOvIHON-S28 SQ.FT. 2. WOOD DEC~S, loll NO SCREEN A."-D S T E P5 450 SQ .FT • 3-SAR REMODEL (CASI"ErRr, ETC. ) tEo DRIVING RANGE E~TENSION 1. ExTENDED GRASS AREA 2. flLl 3. HIGh FENCE EXTENSION -5- $~JOOO. 2.5ao~ 22~5c.J. 3, {IOO .. 2, oo __ ~ $ 2,700. 5, DOO. 2,500. 4,000. I, ODD. 520, DOD. 5, tjJ a . 4, 0 aD. $55,000. 10,000 .. -•.. -- $52 J C 15, !Joe-. ~~· ___ o. $ ~ ... 0 oJ,J .. 2,500. 2,000. ~32.00Q. 515,200. 129, DOC. S6F.,OOD. 575,000. 8,500. -~.---- .~. OR1VlNG ~ANGE LIGH1I~G 1. METAL Ht~Ll?E FrX~~RES INCLU~]~G POLES 2:" POLE ur-i:;ERGROIJ'~C \o.'IRiNG F~O,~: CITY SCI~'~,(f $ 8~ D8D. .2..t. £!Q..:. DOUBLE DECK1NG OF ORIvlNG RANGE WAS INVESTJ~ATED~ HO~~'{ER FIvE F~CTORS AG_!N5T DOUBLE DECKING ARE PRESENTED 5ELOW: I. ADDED Ll~eIlITY DUE TO SALLS BEING HiT [NrO EMBARCADE~O ROAD. 2. ADDED LIABILITY DF INJURY Dl)E TD STAIRS ... ETC. 3. THE fACTOR OF AESTHET I CS. 4. PRDeABlE REST~ 1 (T ION TO USE OF 1 RorJS ON~'" ON UPPER DECK. S. HIGHE~ fENCING WOULD BE NE.CE.SSA~Y. fG, NEW PUTTING GRE:::N @ TEE ~I A~D EXJENSrO~' OF EX1STrNG. FurT!~G GREEN I. THIS MIG~T BE CONSTRUCTED BY STAFF IIH. EXTENSION OF E.XIST!NG PUTTlrJG G;;:.EE~ ANJ ~'EI<iI' 5A;JD TRAP II. PRO-SHOP EXPANSION I. FRD~T EXTENSION-270 SQ.FT. $30,000. 2. REAR ~INVENTORY) -150 SQ.FT. ~~ • J. FIRE SPRIN,I(LERS (RETROFIT OF CLUE:HOUSE) CITY OF PALO ALTO FIRE DEFARTMENT WOULD NOW REQJIRE THE CLUB~DUSE AREA TO BE RETROflT WlTH SP~lNKLERS - 5400 SQ.FT. (P~O-SHOP IS EXCLUDED DUE TO lTS SEPARATION ~ND LIMITED SlZE.) TOTAL ESTI"",,AT,: CONTJNGENCI~S. ETC. ITEM COSTS wILL VARY AND IN FACT BE LESS OR M~RE DEPENDING ON TME MAGNITUDE OF wORK TO 8E. H~lT1ALL~ DONE. -6- $45,000 . $25, ODD. $SQ, 000. . THE PROJECT Description ~ city provides a wide range of conumIflJty se.n1ces including a golf course to serve a growing golf market. The site of the golf course complex is located in a fonner marshland area, howevCT. Cl.!'.d has been plagued by poor turf and landsioape quality. The site is below .ea level. Accumulations of salt and other substances naiUIal to the area have resulted in course deterioration as well as an increase in maintenance and repair costs. At the same time, new or reno· vated courses iocated nearby are cornpetL-:rg for the same recreational revenue. These conditions reduce the revenue potential of the course as well as the pro <>,op and restzurant vend"",. Golf course operations are generally se]f·supporr.ng. The publi< is willir.g to pay for facilities wirh good playing cenditions and ameni­ ties such as adequate parking, driving range, restaurant, and other facilities. Potential fee increases and vendor rent inc1eas~s are dependent upon facility improvements, Two projects have been proposed to address these concerns: Project 1 -Full Re--OllSUUction of Course and Sports Complex: The concept of this project wowd entail develop",en! and implementation of a master plan [or ccnvemon of approJrimately 25 acres ;"ro a lighted mwtipJe sports complex. This complex will include fields for scftb&ll activities plus off-season use for socoer, volleyball, or other recreation activities. The potential of lighted fields would extend operations of both the golf shop and the restaurant operations, The remaining acreage would b. reconfigured into a new championship golf couzse and driving ra"ge to complete the package. This wollld entail complete renovation of the current golf course and reconstnlcdon of the s.ite utilizing a 12 inch sand cap to provide penneable soil, raise the site above sea level, and improve golf playing areas. A conceptual study completed in 1986 addressed perldng, restaUMnt and pro shop expansion, irrigation and reclaimed water and ""oeated landscaping, This plan would be revised to include additional golf can stor.age, increasing the size of the equipment rnaintena."lce repair facility and potential increases in office space. All redesign work would take into con­ sideration furore work proposed for ramng the levee at Francisquito G..-eek The <cope of this projeot wouid entail closure of the golf course and golf shop op<ntiOllS for a 2 year ConstruCtiGD period. Restaurant operations could con­ timo, for non-golf custom"". For economic feasibiliry purposes, ca;lital costs of the <ports complex portion of this project are separately identi.Sed and eX­ cluded from costs to be funded from golf <o,-"e revenues. I'Jojea 2 -Cour.se Renovation Only: This project would entail the develop­ ment and implementation A a master plan for complete renovation of the golf . <:OU,'Se and driving range complex, but would retain the existing hole configu­ ration. All playing areas would be rebuilt utilizing sand base construction to rais. fairway areas to sea level or above would provide adequate drainage and pmneabiliry for reclaimed water u.s •. FairwaY" #lQ and #18, and Greens #3, #10, #17 and #18 were rebuilt in 1976 to current sand technology standards and would b~ utilized in their present configu;-otion. The sand based fairways, 2 ,--~ ":, - 'd '. ..... \ • I \ \ \ I I I I \ I I , \ , • -,'----., .... ~' , .... for mat~rial purpo::es. would be retained. The 1986 conceptual swdy wou.1d be revised to include additional restaurai1.i and golf shop s.pacE.', additional golf cart parkhlg. completion of golf can path system, equipment mainrenanc1! facil· ity expansion, replacement inigation and reclaimed water co"""\e,uon Althaugh this plan utilizes me existing confi~tion of the golf comp!ex., consideration would be given to' poter~tial relocation of the Griving range and also realign­ ment of Holes #12, #13, #14, and #15 as the future raising of Franci'quito Creel< impacts these areas. This prcpooaJ could be accomplished in phases (e.g., front 9/back 9) thus al· lOwing partial operation during construction. Both the pro shop and the res­ taurant would remain open. Project Costs Table 1 show. estimated costs fer both projects as follov.~ . • Project 1 ......... _ .. _ .... _ ... _ .... _ .. . • Project 2 ......... __ __ .. .. .. • .. .. .. .. __ $11,000,000 5,000,000 These costs include the golf course portion of the capital coSts necessary to de­ liver l\lclaimed water from the citis treatment plant to the golf course. All CO'sts attributable to use of the sportS complex in Prcject 1 (",timated at $1,515,0(0) would be an expense of the par1cs department rather than the golf course, ",!d would be paid from general funds of the city. ' Project cost data has been estimated by city staff from discussions with qualified golf """"" arcliliects reguding = construction costs. Upon determination of project feastbility, • logical next step would be d..velopment ef. master plan. TA6LE I • CITY OF PALQ ALTO GOLF eCoRSE PROJECT COST ESTIMATE COUf1e rencv4tion~ irrigation S.nd C4~ De.lgn Project ~2 /'.; tlubnoun 'f"'n,ociering. parking 1ct Ctrt path, repair facility addition RtC1A1Je4 ~tter pipe11ne CQst C(Jnt~ngency S 4,000,000' 4.000,0003 350,000 1.200,000 200,000 200,000 I,Q~O, 000 $11,0 b,ooo c ~ . Est1.ated tota.l .' Ltss s~orts c~plex portion (25 ac~esj: . ::".~. .Ma.rgfn.41 CO!;zt ruct j on cos ts , 1.1 gilts ~ 81.lchers 1 becks tops ,~ Cont1ng!ncy . Total sports c.omplex CClSU ~e~ goH course cost estiN.te $ 1,100,000 150,000 120,000 145,000 1,5)5.000 " 9,485,OOO 1 .... Rac.ol'lf1grJr'e I!!ntirf. coune. atld sports ::omple;ll; (requires full course cto'i\Jre). 2 ~ Rettfn existing config~r.tion. renovate CO\Jrs~ (requires on1y parti.l -.C clo,ure). ::?, 3 .. ~~Jncl udes. sports cMpl ex. -~:' ~~r:ce: CH, RFP e.nd capital fl!l.provf!.me:nt program. Fropose.1 memorand.a, , . \ . - i:' Ii , \ r \ \ \ f ,- . . , • I , "-$ I ,'tP", • -l .1 l-,l ~, ..J ..J :..J 1 :..J :.J ~ I :..l -J L ',' f I' , t......o __ , ______ r .. ,,~._._ • __________ ~ _____ , __ "-~'<''"'",; , 'T' I · , Tile main line piping aniliale.al plplnlllhroughoullhe 1"IOllion syslem musl be size' 11,.e e .. ugh Ie ban_Ie 'he IDlume 01 wale, requl,"lo IIIpply Ille amounlel p,eclpllallon n ...... keep lilt lUll .... n. Th, SOu. 11&, .... reClul, .. betwoen 1.5 en 2.0 Inch •• 01 pllalpll.Uon PII w •• 11 • ., ... PlIIIIII.I ••• 11 ... ,..... lhl' loclad ... VlllelflOlpl'lllaq 01 ...... "I (lurf wI,e. use and nlp •• IIIDn). TIle 10111 w.terlng lime should Role.cud nin.1Iou11 per ilia, 10 IbalWlllriat .... III lIB. Ie ... rt Hlorelllrll In lilt evening and II COmpltld "'ore uoH pllY llartlln lIIe motol ... Tile dell,o 0' Ihe s,.I.m musl 11.0 ta'_ Inlo Iccollnl III. lerrlln 01111. Cd .... 1111II1II11 M prl,'IIII"'. " WIll as piped wllllihe conlours lepa,allng 1'1' •• ,1101. Ipp,oach .. 10 ...... alii fln.,I. Ii,.... .... 1 ..... SIIpa,ate conllollll1lro", 1ll,wlYl/lee. In 0:1111 10 CGIIlral w.llIllIl • Tlte Sprinkler hull. 111011111 hlw. a cileck ,alv. Ie pm,nlln ..... 11aI,. Of ..... " III WI ............... - Tlte CORlnclion Dillie vavloll componenlall.mblles 01111. IJlllm .. ~ _ .. dlllll.~ In 1IId! a mann .. 11111 lIIake IIIllnlenance ollbe sysllm as easy ilnd Iconomlc:al '0 maillili. 1& pOllilll.. TIle ..... Ia. celt .,1IIe syslem wilich Inclullollll"llIllnloCl. I.bo" w.ler Ind power cost, II1II11 III Clllllltleru. lIelllole conlrol v,l"s 0, val •• -In-head sprlnklera slluultlilln 1III11t-1n , ......... II .......... 1811. ,,'IIU" so 'he dlschl'" 0' each lIud Is .. llIlv." cOOlllnl. Today'sSlal.-oI·the-anaoll cou,.el,rlgallon sy'tems Ire compuler conllolloll. A compule, sy~l.m willi p,oper lIIanl,olllenlollers: 1) water, power and labo, savings ~) ultimllo ''''lbUlly ..... 1111 •• thl Sl!perlnl ..... nt 10 hawe preclSI control 01 his 0011 course IrrlOlllon w't',ln, 3) w,ler IIIId •• 1IrII .) pump ................ nltlfllli anti mucn more. NI IIIls Is ."umlng 11111 the aprlnklll InlllllOIl .,.... II prOflll'ly llllipIc! .... lNlalia. Inllllily. III Older II ..... maximum conlrol on a"IOI Ind 'GII. "I,,-Io-llu ........ 11 ..... ~ III lMUliatl .... uell Sprinkler held uoald be on .... , .. lion Dillie lIelel CGIIh'I". 2 " ,,:." "'" ,( :~" ,,',' '" , , ' . , . .' . , ;$i~ ·~ff"rt"" ,',,, -, ':. . "'. ~', . \ '" -: . " ,~. : -. - -\.. , . ". -,' ,; . .t'",.,',_ ~_} , '.. _', . :. " , -~ ,. . !~ . ' , -; " " "', " .,~,,; (~, """"3.,,, !,i;,J ~":-~'~' ")'~''''J ~ ') "f' , .• 'f ,', ' ~i~~'J;;:i.',<:'_;'~I'::<:~>·,\\, ,,' '-, .". .. ----- I rl! I ,( ( ~ .. --'~.-.--- 7 ,i,'-r' L········,;,,·· --')'~:,~. , . ~ . ---_.-_.-.- . .-"~,-~ ;1 f""l1 II Ih. abo •• Illn,'ud.d In ihe sysl.",. along .lIh proper Inliall.llon II1II,0011 IIIIIU ..... nI 01 UII rpIIm. iIII result Is a luce'SII., .l1li .IIlclenl Irrll.llon ay.le", .nd • 1.111 ere ... 10IlNl,. •• Aile, ""'uilllni .11 compiled dala galh.r" 10 dal. on llIe '.'llIn" Irrlg.tIon .,llIm lor Pale Alit .... IeI,.1 Goll Course. lI.pp,,1S mo,' III 01 Ihe elemanl. 0' an IIIIIClenl.ncIlucc ...... ,lrrl •• II .... , ..... " ......... '.1111 lor ""n.gemenl olllIe aysl.m. The InelllCl.nl .,"1'" I .... " 1111111""10 liliiii .. ,.,..... FoII'.'.g Is I '/IIIOIt on tile _Iulllon 01 lb. In I ...... prill ..... ,l1li hi. Alit ... .., GIll c.ae: 1. BACKGROUND Th. nine (!I) ,eI'IItII loll cou .... malnl.nanA II.If IncludlS 1111 Goll Cou, .. S.p.,. ...... 'nl. Mr. P.ul DIu. Th. rem"nlno .,,,hl (8' , •• 11 ",emller. Includ' II. maIAI.n'IA .. ra .... ' •••• siII.lc •• ~ I sprinkler repair perMII. III aIII.,llon IwO (2) If IIIr .. (3' ,.rt·lI .......... ' III. IIIIIIM _ .. die summer IIIonllll. The .,'olll.IIe Inlg.,IDII SYli ... " Palo Allo Municipal Goll C.UI'll CGl\lllIa of. It.n." tvPllya'.m. The orlmlnal'rrlpUon t¥slellJ Will. IIIanu.' q •• ek t:tIllplliiO .YII.", Inlllll ... '1 1.. n. Irrl"IIDn syslem was .ulomat.d In 1963. In 1976 Ihe nu",b" 10 hole ....... ., 18 hD'. In~ 1IIr1Y1n. rlng8 , .. ,. remod.,.d .m' II new ",.',m replaced Ihe e.isllnglllll." lya'e",. TIIt.lIgh.III ,ea,., l1li I,sl.m II •• Deen .dded on 10 Irem lime 10 lime or "qulpmen'aD' wltlng repl.celll. In 1911 conlr.II" •• n. lalor"i were also replaced.nd law voltagl 24 11011 .lrln, w •• rep'lced 11011 Willi .......... 11.,. MI •• upllafed. Th. Illsling Irrlg.llon syale", I •• lIane" type SYlle", Ind IItt sprinkler h.ad. Dperall II, l1lil1li of In electrically lelulIle" remol. control valve which .Upp"" .ller III •• eh sprinkler he.llllllowlIIlI'lim DIllie ReV. The remole elmlrol valv.s epera ••• 'eclrlca", " m.ansll"ow ,altil" .'rlllg frOlllea~ lIallln III a controller. Some slallons on lb. contralle, canlrolll few ., Ilur "eadl .1 • 11m. I11III .1111' .... ,0115 conlrol sev.n '0 len lIeads per Slillioll. In Id.lIl .. 10 .... 1I1101ll1la •• fwo (2) III ....... (J) ReV'. connected 10 one lillian 01 the Antroller. 3 '.' .... , .. ~;-, r 4,"". , .,' '-'''l' f 1 - , _ 0 {, _' .. " '\,-' I,' ¥\; .• " ," \,1·' • ~ -' --'.~ 'Jf~~' ~ 1 , L ,',.: 'r 'r 1 I'" J J ~ Cl ~ l l l ( . l ) ~ ~ ._----_. __ ._ ....• -.~-.-~ .. ---. All llflClenlllfltllian aysIIm 011 a VOII WlISI UI ".111 GIlt I. '0111 .,ldIer •• , U •• 10 ... ReV 811 on, slalion .r • conlroller. How.ver 011 1111 Ifftptlon IYltItII 811 hili All. Mllllelllli IiDIl t\lllll •• ,am. slalion. III" .. mlny .. ItII !IiIadl tlltllllclod I. 011. ReV. In .... 1111l1li ..... , _""" .11 I\IlII'I 11111. one v • .". on mem ... III, IIDnlbll l1li. twfIIn ~ 1ftPI, IIIUa ...... a' ... u.e .. I PI'UcIIlar COIIIrGller • Tile,. Ire approxlmllely 2~ ReV'S wIIl@ collllO' lb. sprlllkier hellI.. 1'IIuI ReV'S .tt Rlill lir .. Motel ffA-tP e"tctrlt valves. llley .r. hIuH.'" fUIa .. ,I".,.," HI •• Sprinkler Itt." cOllelal 01 Rain Bird '41. lull tlJcll ,olor pop-ups, IXcept It, "JII'IIIIMI.ly iii POirt Circles. Tllere 1111 I Itw 10'0 '63D', ami "6D·,. Th. fl"" uul, 1111 Is lA'r. 111, .. lit IIpprolllllll'" 1850 'Dim ,." up Ipllnkl.,. (Rlin 1'111_1 ... ). Tile .tlne ollhe 'prinli:lers WI'I del ermined II, Ihl orlllnil .Be row IIIIICII COltlllnt ",111m .rloln.lly IIISIIU ... MdIIlOll.lI, .. ,.s wIre add.d 10 ,"end Ille .... 01 ''"1lII0I wllH 1II1p1tl11 •••• lIIIQled. Spacin,_ I!II ,,,"lc. IIUt 'end to he IDO clos. I" IIIIIt CalIS. MoIllljl.lcl .... "" hta 61 fl •• t. iii ..... wllllume IJ ,., ., &Ii , .. lID 70 'OIl. 01 ........ II clO .. as 40 flt'tt 4S f ... . Wind l,tlOf II mllllftlll, Mt 111l1li1' " CIIf\S'''''" 11I11Ie •• 11,11 JII' ..... It ct ... II • Jll'1'I,1I111 wlM 01 a to 10 MPtI trDm!lle HerIIIlrDm ,"''':00 p .... IdIUl12:11G •••• Plplnt consists 014". ,-ami r AlbeslOs Ctm.1II Pili' (lrlllll",. ,p!lfillma"', 33 ,IllS DIO. At.IIOMI m~ln lIMa allaHllnce III. IUllllnallnilall,.hIIt .,, PVC. The 111.,,1 plplntr Is ... lIV ,-,"'" iUId 10112"( wid! ume 2") pvc t'.u 200 solvlnl weIll pip.. Ills lIifllull ........ mlna IUd 1»".. II ,Ipl. Ill, •• l1li loullons III1C1us. Ih. "I-bll"!" ,1.11 11001 lot ~ •• I'''ralaID., I11III 'I ... WIIIt ~ .... ", .. pljllnt tllCillona. TM Operallon ot til, sprlllklDt Inlpa". S15"1II whlcb IncllllA •• till n"".r oC ilIl .. , .. I •• "'"Oil opmln, tile lllimber 01 COIltrllllers operlflfll '1IIIIIIIIIIf IlIUi U. ... , II up ... .,.,.1. Is ..... 0/1 • "mpuler prlnt-Olt In IhII appendl •• 4 ::1M ;t:',:\,~ " • :.,. l~ ~' , , ., r" " '. jj ...... " .. . ~ i .) ':;t " T _"...,.."1.~":7~ ---------_._------,----------.----I --, -- ·:''(~l,;,',' .; .. ,'_'," • ~ , ,~"/--",}( Fjl::i~)~·.·;·r.ilf'-~J::,~ ;,;~' ,I ~ -r:1 SItIce IIIe 1"".6l1li JYII8m WlII.ded illite .11I1 .... nl U .... over l1li rem ........... H (3) llralllli II l cllllr.III,.. A 1111 01l1li controllers 1111'011 ... : CMlrtller Culroller No. e' Type.' G .... i Alu CMlreIltll , ~ '" .~ MII4I11 Number Sllliona Conlnllier R.IIIII,. A 12 EI.ctrlc Ho111. Rilin 81,. II 12 Electric Holls 1 &. 2. ( --Rlln BIni C 12 EIICblc Hale 3. -J Rliin BIni D 12 Ellelflc Ho1114& 5. Rlln Bird E 12 [Ieclrlc Hal'l Ii " 1. ~ Rlln Bird f 17 Electric HOle. 8 & 9. Rlln II" G 12 Ellelrlc HoI,10. Rlln IIlrd I 12 Ellelfle Holli 11.12. & 13. l Rlln BIni J 12 Electric Hoi •• 14 '15. Rlln 81r' j( 12 ElectriC HoIe18. R.'n 81rd L 12 Eleclr'~ HOle 18. Ralll 1'111 M 12 Electric HD10I1. &11. RIIII 11111 0 12 Eleclrlc Grilli. RIIII 81rd P 12 Eleelrlc GlnM ( J1i Crl ..... II 12 Elleble Aprons G, ...... 5 12 EllClrlc .... t 11.1111111 T 12 Eleclrlc T". ~ lIalllllrd U 12 Elleble T ... fl~CI W 12 Eleclfle Cl ...... " t Fl.' X 12 EI.eble SIr"' .... ~ IIIIIIIII~ Y 23 ElectriC R ... ", , , 111111 Bird l 12 Eleelrlc RD.,,,, J R .... 1nI 12 EllcIrIc Cl ....... .... : Canlr811", II. III. Q ... V ., noll.llI • . l 5 i -\ ~ l! -_-7':"'· ....... ' ..... '-____ '.r ______ , ••• 'j;':',:2 .. i --; ~" .--,: I: '_ ·;f,', , '!, I ' ... "f¥<' ~"~f . :'. ...' . t;', . -;-,-,~~~; '" ;k"~_i~r;"''« ,-:' t", '., ..........•. · •. ',,;1.... .r .... : ";-J~~r;~.+~~,_" , . ".~<l'r :', __ :, _, " ': '. - ~~--,~' --""#I: 122! . £i ,tI, ; .~' ~ r r Wiler IllIIppliell by 1'111 A110 Wiler Depart .. enl. The "al" HII'ce laNrI r WI'" m,"rll colneCl" 10 III 8" supply line I' each pOinl II connedian (lwe). SIalic W.llf pr.Allre I. IiII-R pll. TIM .. ,ply U ... have anly • 'ICUlm b, .. kll he.d and 110 1101 prow'" proper .. cldloW prlllcllell. Wa'" celllPlllY d ... allow .001111 JlllIIIJII. Drtnkllll IIunlelnllf' an • "paf'" l1li11111111 1r.1I1111 clullllllllll "If, l1 2. ANALYSIS ~ ~ ( j '~"". ;]'V'1-::' "'1";"\ 21. AS-IUILT llRAWINGS ( COliC.,,, AII ... ·.II!" drawing I.a,allabl.lhowlnllll, Doll COIIIII"''',U .. ayaIIm. Howftlr IbIa plan I. noll000,lo 'CCUfll, alld Is 'alla'I, 1I1 •• ramIDlUc. Clllel •• lon "II .,nlelllllO knOW oaell, wbal II lilli".,.., .... RIeIIII ... ndiHon ClIIIPI ... and ICCII,.I, ... ·.ulll" recoN ~".lntl.IhDUIf 1M bpi.., UIII .... .,11 or " ... 1 ... II I""" ... nte •. 6 , , _~:~t\~: /t'" 'l. .. ~f;' .. r , ' ;;"""~i""'" ,,' ' w. , ~\\ ~tAf~ g , ' ' , ,,'" ,,-,',' ' ' r:, ... ;.", '!._;.J:£)~ •• ~' \ ."r." ' " t'~""h" .,~:~ii )l.~"f. -, '.!i1r J' J' ,liI'i, 'J ' ' 1( ~,~r.'~I/'.. ":.'~, ,t tI \ :f~"~ ~ , ' '::'\':!? ';. • , ('>l ~ I ,t .. o! " . I .. ~. ':' ~ ~ I; 't: ' .: " .-,'~, , " "" l l~.' ;;it~~~'~f( .. ';'~Ii~!'i' ;,' -.' ·.'_\':':'~~:f'~'1{!/'-:· ,-.",". r'i ~ j ! ~ l i : , ~ • ( . . J: . ', r I 1 J '. • bt ---_._-- ,,-\,~,~~ ~'';'''' 211. MODIFICATIONS IN IRRIGATION SYSTEM C'hCI!'~ Certlln mcdlllCillonl have boen l1li •• In Ih. Irrlg.llon .yall .. IIIICI lilt ,,111111 WII Inlllilly Inltalled. 11l1lS. modlllcalloni hi" Incl •• ltI.d~11I1I canllollllll,"w 2411111 .,Iat II1II M.IU .... SlIm, 11"lnkler .... d.. "01 •• '10, '11".""l1li , .... we,. JI ..... ,.. .. 1111. CIIRcl.alol InI"llon ellah,l, hlVl nil .... n Nil' .. I II1II'" plM .. lilt COIIlPII" 1Ir11iU. &yII1 •• RICIIIIIIIIINI.u ... Art, chlllil. II 1III.,IIClllons 1ll1U11i M .... I. I PlI .. 11r 11.611 11l1li ... 111 M l1li11..-,lallllill IMlftolnftrH. CI"cern Spacing 0' 1fII1"1' 1Ie •• 1 I. err.Uc. The" doe. nol a .. m I. H IIIICC11J1I. spaciAl whlell Will .dhe.ed 10 .... n lilt 1,II,m .1' Insllllld. The "1III1t I. l/wllll,,'n, •• ,lIIllr .. 4111 ... In II •• CIIII.1a I' "1m I tilleel plllllll.1lMr ClIII. TIIe.1IIIIl Clai'" ....... iii .... 1812 "'1. Cend.llon The widely wa,ll' Spicing. r.1U1l In .n ..... prlnkllr 1111\1111111011 pIII'JIII. TIIII. II ••• with f ,,_1111,. dlllerenCll, hllps unlriliul ... II" ..... I .JI... WhI, •• !aU.,. Ir. 51 "I' or ' ClOM', wel.rt •• , ... Iap ...... ". ' 7 ~ ,-I \}- ,~', , '., .~:'" ~., . }:~iT19;;, . 1-::,~>':i~.~o:l ~~,.'-tl' .. :-" ~ ,-' ~r;l;:''! :"_ '.:' ~ r', L f~~"'r· \. ~" :\' :' r" ,,' .4, , ~ t· I, ~';' 'x ¥, '," ", ,",,-Hi?},'".,-, .. H<l.., , ',,~,;::, <:, 'r' i , --. I , u (, ~~--I' ,'-'-,,' '. ! !1~M~~1fi!,iff . RecomllllllllllllllS '1--,' ',",'1, """" ", , , :;' \", ',: ',t',', \ .. , '" ~ " SpaC.1n1 should be rad.n, all 1II.lInulII 0' 60 to 1i5'Iel, l"u'II.ly .. llIUIld OIIlIIe loll CGUISI ,,'~,:; \". ' ' ' and d"loned willi Ihl p,oper sprlnkllr I'. nazzl .. Ill... Ihl. I, • lII.jllllMll"""', alld WIIIld require new plplnl II .. II al 01111, COIIIPDllllllpI"'. tC"'Wlln" li'iiidU •. r·~ , Concern Thll w.lllr pressu" n measured wllh I pllOI tubl 011 'h. ,all cou,., I, •••• lIIlanl on Ihll Iialic p,essure Inll the number 01 eDnlfalleB I ... ralh" It .... II.... 1lII1,Ictl .. II .. lIIr.ugllOilI lb. Irrlo.llon system II .pprollmall" 25 pII ........ "" 011 .... ' I ......... II 0lIl u.n.. ~Pr .... rel at 1II,ln.11I heads were measure. IlIlhe III" I' 50 II 60 psi, .,pIUIAt on ",h.r. the " sprlnkl.r was on the la',ral. Howlwe, prllllllt flalllnDI well "'illl .alr IIll RCV operallA •• , a , hne (mIRu.IIYI. In ,he aclull OP"'"OI'I of Ihe ",at.m, .... r.IIICV' ....... at _11 .. 1. Unll.~ ihll COIIdlllo!lllOlZll p,."lIrn;are IIIIIY,35 I. ei ,II. Concl,slons TIIo larll' v.rlance In nOllI. pres .. 11 crl,les • IIluIIII" wllore 10M &prIIllLII,. ." dlscbl'DiPD 10"10 10 411"f. mOil lillian. per mllllli. than 0111.,.. WIIe,lIdl GCCllII, tile prlClp'IIUOI'I fI'l It laeb Iprln'l., hllll, IS .en I. the wall' 1I11ltlllllllH lit .. ell ",1MIIf lIIH ".,1... Tilil lII.p. contribute Ie drr 11.11.1 well •••• I',..I. RICllllm.nd,UDiII Wiler prlSSUrel aIIo.l, b. kepi COn.Ie.1 wllhlll =lflile flingll. Frlell .. loa 1II10uilboui th. Irr'gallon 1,11'111 IhOlll1l noillce" lhe IoIlIIwI",: 1III"11I.·1~ pal; RCV'e-7 pal; I.Iu.! 11 ... ·5 8 , " l0/ , r • -;."~'/ 'r . "<".,; . -,,-,-. . -,. --. ~.--. -.----'-... - r , t-.:s~! --1 j • -~ .. ! ~Sl :5 0-· t ~ lil~~ oc. c_ ! !.!,;i _ .. .J s ... : ("1 !~ ~ a .. -;;"-, I .. i ! .. -~ !'OI a r ~ &i-, .. (~ I .... --e-• __ c ~.J ,- _ .. 0 "'e 'a -.... " --. oS ';'-."" .... Iii -• -~ ~=~I ~ • ;-'".~- olli c. iI I . -'."' -. .... I ,'1{;:--• 1ft I'~ ... ij1: 1t:a 1 ,. I·· • 11~1 e !! . 'C • 3:·'1 .iii ! :; II &~ G if ..... ":5", III: _ '" ii II ".1-" . -s ... .. 0 ... c . -.... ... --.. IJ :a .. I.= o -• -Go.-.!:Iii·1 -:o-s ...... --..... e ~.1! .. =.!~!f ~ .. -CO> !~;!I ...:-: -:I .. °1 s ...-!! • !=sl. o •• It "'IIS -~ v ...... • "C .= SOl! or --.c-• -i!i!i; ~.51 ... .s '" -.. .!t r:: ... .8.c a __ .. ........ .-... ... J ag.1 I_.!!. a. s.lulj ,. ..... ... 0 .. -0> =~ I! i"'Iw:.c.'Q. _ .. - ...... 1 -• .:.e .. ~-"'·0 I II .. 1==:1 ...... .. i I i!~ G co •• • .. .. ..... ~ . I ~ ... = .!!I·~i .. -", w ... "'. .. 1:''" .. .. ILl! = -.. -:IE J I "'.-0 ~ -I ... .= 11;1i .5 • .5 ... • • ;:: I I'll 1t~ a.-I I J a: -= .. --~ i iii Ii. .11% ! Iii ! •• ... .I .!I It I!· ~ -i ".M'S A_ ... • u a: , -, ..: ,; I - -.\ -. $I~:~:~:~ , ' . • ---", '> .,.-• -•. Y;' _':' '?:'~iff:i-~ , -~ '-~;~ll~;.:'> _ : ! . ::"~-,!,;";$~, ._' ~·"·,·x\'r·" ;,;>j,'tt~ , .•• 1.1=: ~ .; J ~ ';I ; ... a-a .. .!! -I I .II :''151.1 ':!l1i; :1 1 J1 ..... I~ .5.-;' I' .... ill:! ~:I# -;1 .!!J ~ .. !i . ~8 ... .!!s .,. "" Ii. I . il '--"J .. -I :t= I ') ii Jli ;:;! 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'.pluld .lIh cl'lI 200 lolvelll .lld pip. 01 .. prlPl' .Iz.. lalll,l lines lhould b. IIDd 10 1lla1"lc1iOl lOll dOli nollllCltll a psi II ......... 1I11n1. ,.. -',k ,v',,' .' ,~ .... ". ,.~' r---~ . I . J) '", , . ;'-) j~!-",.~,!, ,.~ : --'-,' • ~'-" I ~ ! J I 1';' , • ( ~ ~ ~i ~ (~ r ., , ... ,~ .. 1 I __ ~: __ - L ~ -----~~------~-- 1 ---.--,,-.~~-----~-~"." . ____ ·--'~L"'_-_" ... _,G~f:::'~_ ......-r,· ....... lIa .... .. IUMMAIIY TIlt 1IIIIIIIIe PIIIPOSI 10' In lulOlllltlc Irrl •• Ue • .,.tem II II .... I •• ." ...... 11, ... I .... III, l:iliiii111 ... 0' .... loll ClUII •• n. Itl,lul.prlnkl., Irrllallon syslem ,I '110 Allo Municipal Gall CoUfl1 .,al .'''Ine. Ifoulld lI,slln C.ncepl, II.d In Ihe 1950', Ind 1960'1 'lid II lame.h,1 mlnlm.I, 11111. UNeII IIllnt,IIII" purpalll II .. " .. un ••• lpI.Ie.. Haw.~.r IIlIw In ,Ivln,'h' Superlnl."'lnlllll .. uUI'V 11,1 ....... la~ clllirol 1I'IIIIII.,m Irrlg.IIDII .pplle.llon. lhll ,.,.111 In w,III,1II Will' 'Id ...... 1111 ... ..., .... . 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Ali .. '.;g ... iai"lliillE'sprlnkler Irrlgllion .,.lIm wllb compliler CDDlre •• COila .. ,ing' 01 i:.% •• 30% 01 yellrly waler cosls un II, I.peell". Waler CD,II W.,I $I2,08I.DO II 1Ui II' $90.000,00 1111981. AII .... III ... IIIIftII" • .".. 11II1II II ....... II ........ 1" ...... U _II • 15 ... ------'--~-~~---" ~~-r' :J-. \"'. ,,:; , . . > '1 -",' : Ii '. • ......... . <.,t: ':,,\~i" ;'.;il.\hl'./'.1l1Ii '.' ·.h.'."· iii""';';' ..... " , f':;F~fr"" i ·····r···' . ' 1 u ( J " -.! J '" .~,.,..,,~. 'ii $ j ; ---- The 1011lilallon 01 a new Irr!gatlon syslem .... uld lIarl wilh • care'ully pl._II Irrlg.llon "olilla IIl1lclt should be dUlianed 10f Ihe mall part in tbo 111111 and SlID." IlId .... IIIkllll .1 .IICII sprinkler Ii ••• IIlCItlOlllo ,"ure Iccurale .prlnller splClngl. Foll_' •• II.n esllmallltor InstalllllDo o.an .Hlcll"'*Pflllkler 1"llllIon aylllllIl: EST!MATE: New 1III0IUon I,slem I.r ellstlng 18 holes willi "mjlllier control. ' .... ,.' J~" IRRIGATION SYSTEM COST $700.000 10 seoo.1I8O 10 BOOSTER PUIIP COST $70 •• -$11.008 TOTAL COST $no.IlD8-$IIO.oao , :ii,.~,·.t::,;;~:,f;'(~I::' ,~:-:,'--';';, ' ~~i:\'0,,~'''h,'{'''' ,·f· \i. :'~tr ,lI.};J.: ''!I;.~r(" "t,i "It \ .. ,' !~~~\\t:!; 1~!r;i~F ·."-: .. ,<;1Ii'fi';,-~~or>l':-P: fI ... ~ ....... _ ......... , . i ." , ".-! ~-' :1 ! .. "-'-.- ~tachment C CITY OF PALO ALTO GOLF COURSE CAPITAL PROJECT FEASIBILITY STUDY May 1991 BARTLE WELLS ASSOCIATES Independent Public Fmance Amisors 1636 Bush Street San Franciscc CA 94109 Tel. 415/775·3113 I L ,' ... May 1, 1991 City of Palo Alto 250 Harr .. .f"on Avenue Palo Alto...A 94303 Attn, Emily Harrison Dire<tor of Finance Re: Golf CO".rrse Capital Project Feasibility Study ".J ' •. _ :, ,.'. We are pleased to present our repon analyzing the financial feasibility of two capital ~:ojects to improve the Palo Alrc municipal golf course~ Our repon desenbes the projects and their estimated cos~ calculates poten­ tial revenues and expenses, and examines financing options. Conclusions and recommendations are summarized at the end of the repon. Our pri- mary conclusions are: . • Project I-a full reconstruction and redesign of the present course and addition of a operts oomplex at a cost of $il to $13 ntillion­ is not self-supponing. Termination of the EI Camino Park lease would not assist project feasibility. While sa,,'ings in lease costs could be used as an additional source for project debt service pay­ ments, termination would incur one-time buyout costs of over $9 million that would exceed lease cOS! savings. This conclusion should be reevaluated if current lease tennination nego"dations result in significant buyout cost reductions or if the city elects to fund web capital costs from SOt!I"Ce:S other than the golf COI.l1"Soe revenue sources. • Project 2---<:ourse renovation at a cost of $S to $6 million-is self­ supporting. In addition, revenue and cost s.avings would, support an increase in project scope up to $8 million. We have very much enjoyed working for the city on this important project and are confident our rC!'Qrt will assisr in decisions necessary to proceed with golf course improvements. We look fonvard to the opportu.....,.iry to as­ sist the city with a bond sale to finance improvements. We have appreci­ ated the help • .nd cooperation of the 6ty staff, particularly: • Emily Harrison, Director of Finance • Kevin Riper, Assistant Direcror of Finance • Gordon Ford, Manager, Treasury DivL;ion • Paul Dias, Director, Parks .and Golf Division Very truly yours, BARTLE WELLS ASSOCIATES ;(~d~~ Lora J. Stovall US/KS:mt Xr-~ Kent South • - CONTENTS Introduction 1 The Proj!!Ct • . . • . . • • • . . . . • • . . . . . . . . • . . • . • . . . 2 Description •......•.....................•........• 2 Project = ...................................... 3 Revenue and Expenses ........................ 4 Golf Course Financing Policy ...•... . . . . . .. . . . . . . . . . . . .. 4 Current Net Revenue ...•.....•..•..................• 4 Estimated Fee Increase Revenue . . • . • . . . • . . . • . . • . . • . . . . .. 6 Cost Savings ...•........•......•..........•....... 10 Course Closure Costs ...•......•.••..•......•..•..... 12 G.f Course Financing Options • . . . • . • . . . . . . . • . . .. 14 Federal/ State Grant or Loan Funding .••. . . . • . . . • . . . . . . . .• 14 Borrowing Methods •.•...•.........•................ 14 Borrowing Costs . • • . . . • • • • • • • • • • • • • . • • • • . . • • • • . • . • .• 16 Feasibility Analysis • Project 1 •.•.•.....•...•..•..••.... 16 Feastbility Analy.is • Project 2 ........•......•.......... 17 El Camino Park Lease Option . . • . . . • . . • . . • . . . • . • . . . • . . .. 20 Qmcl~ and Recommervlatio1lS • . . . • • • • • . . . • • •• 22 UST OF TABLES 1. Project Cost Estimate . . • . . . . . . • . . • . . .. . . . . . . . .•... 3 2. Revenue and Expense History and Projection · .. ~ .. ~ .. ~ .. 5 3. Area Green Fee Comparison . Public Courses . • . • • . • • . • . . . 8 4. Comparison of Fees to Rounds Played· Public Courses . . .••. 9 5. Estimated Fee Increase Revenue ~ ......... , .......... 10 6. Estimated Cour.;e Closure Costs . . . . . . . . . . . . • . . . ..•... 13 7. Estimate of Debt l5sue Size and Debt Service CoOsts ...... ,. 17 8. Capital Project FeasIbility Analysis· Project 1 · ........... IB 9. Cap!:al Project FeasIbility Analysis· Proje<t 2 · ........... 19 10. Estimate of Possible El Camino Park Lease Payment Savings . . 21 . ., :": - INniODUCTlON Th~ City of Palo Alto is located approxi: .tely 35 wiles south of San F!'a)lcisw in Santa ek, .. County, and has a populatioo of 57,000. Palo Alto MWlicipal Golf Course is an 18·hole facility located on Emban:adero Road in the Bay· lands Nan= Preserve area, just east of U,S, Highway 101. The facility in· cludes a drhring r.mgeJ practice greer; golf shop, restaurant, and maintenance facility. The site covers approximately 180 acres. The annual number of golf rounds has averaged 105,000 over the past eight years, making it one of the most neaV':iy utilized golf facilities in the Bay Area. In 1978 the city sold lease revenue bonds to fund improvements including two fairways and five greens, relocation of the driving range, construction of a new clubhouse, and orher improvement:;. Th.,.., improvements were b ... <ed on exist­ ing use patterns. Facility use panerns began to change in 1981 due to new course managemmt and concession vendors. In 1986 a clubhouse upgrade study was completed and in 1988 an irrigation system renovation sl'~dy was completed. The staff has also completed a study of using recJaimed water to irrigate the cou:.e. The city already provides wBter to the City of Mountain View for use on its Shoreline golf ccnme. Since the last major course improvements funded from the 1978 bond issue, the city staff has prepared capital project requests in response to identified additional cour.;e improvements. For example, in preparing the 1990-1995 capi­ tal improvement prugt"m. improvements totaling approximately $2 million were considered but not recommended pending funher srudy, City staff has now prepared alternative impro"""'''''t plans for the golf cot=!! renovation and • possible sports facility. BanIe Wells Associates was selected to: II Review the city's current golf coune finances, policies, and objectives • Review changes in golf and v!!Ildor operation, • Review and analyze the economic feasibility of the capital improvement alternatives • Survey comparable green fees in the market ""-4 • Determine future financin, capacity to fund capital improvement projects from golf course revenues 1 - Tl1E PROJECT Description The city provides a wide range of community spruces L.Ttc1udi.Tlg a goif COll.'""Se to serve a growing golf market. The site of the golf course complex is located in • fonner marsHa.'1d area, however, and has been plagued by poor turf and JaruL<cape quality, The site is below sea level, Aceumu1atioIl5 of salt and other subS"'"..ances natural to t.~e area have resulted in course deteriorntion as well as an increase in maintenance and repair costs. At the .same time, new or reno­ vared COUIS<!S located nearby are competing rDr the same recreational revenue, These conditions reduce the 1e\"eI1ue potential of the course as wen as the pro shop and restaurant ",roors, Gclf course ope1atians are gen=Ily self·supporting. The public is willing to pay for facilities with good playing conditiOIl5 and smeni· ties such as adequate pBrlcing, driving range, restaurant, and other facilities. Potential fee increases and vendor rent increases are dependent upon facility improvements, Two projects have been proposed to address these concerns: Project 1 -Pull Rec=stnxtioo of Comse and Spor:1s Complex: The concept of this project would entlill development and implementation of a master plan fot conversion of approximately 25 acres into a lighted multi;>l. sports complex. '!bis complex will include fields for softball activities plus off·season use for soccer, volleyball, or other recreation activities. The potential of lighted fields would extend operations of both the golf shop and the restaurant operations. The remaining acreage would be reeonfigured into a new champi,m.5hip golf course and driviDg nmge to =nplete the package. This would ent.n complete renovation of the current golf course and reconstruction of the site utilizing a 12 inch sand cap to provide permeable soil, raise the site above ..,. level, and improve golf playing areas. A conceptual study completed in 1986 addressed parking, restaurant and pro shop expansion, iIIigation and reclaimed water and associated landscaping. This plan would I>e "",ised to include additional golf cart storage, increasing the size of the equipment mainterumce repair facility and potenCal iru:reases in office space. ...Jl redesign work would take into ,on· <ideration future wor\ pro]>OS"d tor raising the Je\'ee at Franc:isqulto Creek. The scope of this project would entoil clO51m! of !hi! golf c0t:r5e a!ld golf shop operations for • 2 year eonstruc:tion period. Res-.aurant operations could con· tinue for non-go1f customers, For economic feasIbility purposes, capital costs of the sports eompieJ: portion of this project are separately identified and ex­ cluded from costs to be funded from golf course revenue:;. Project 2 -ColIne Ilmavation 0IlIy: This project would entall the develop­ ment and implementation of • master plan for complete renovation of the golf course and driving range complex, but would retain the existing hole configu­ ration. All playing areas would be ."built utilizing 5a.'1d base consrructioa to raise fairway are.JS 10 sa ;~ or abo'!e would provide adequate drainage and permeability (0< reclaimed water use. Fairways HID and H18, and Greens #3, #10, #17 and #18 were rebuilt in 1976 ro current sand technology standards and would be utilized in their present configuration. The sand based fairways, 2 .frt. i, ; .. c .. ':'.:' ...... '_.l \.'.' 1 .. j , , I I l --~.~, -.....,..---..... for materiall'urpo,es, would be retru""d. The 1986 conceptl'al .rudy would be revised to include additional restaurant and golf shop space, additional golf ca...'"1: parking:, c-omp~etion of golf <:art path system, equipment rnzintenance facil­ ity apansion, replacement irrigation ond , <:laimed w&ter connection. Although this plan utilizes the existing configuration of the golf coroplex, consideration would be given to potential relocation of the driving range and also realign· ment of Holes #12, #13, #14, and #15 as the future ralsing of Fnmcisquito Creek impacts these areas, This proposal could be accomplished in phases (e.g., front 9/back 9) thus al· lowing partial operation during construction. Both the pro shop md the res· taurant would remai" open. Project Costs Table 1 shows estimated costs for both projects as fallows: • Project 1 ............................. . $11,000,000 5,000,000 • Project 2 ...•......•. • .•.•.•....•..... These costs include the golf course portion of the capital costs ne<:essaIY to de· li_ reclaimed water from the city's treatment plant to tht golf course. All costs attributable to use of the sports campi"" in Project 1 (estimated at $1,515,000) would be an expense of the parks department rather than the golf course, end wauld be paid from genenU funds of the city. Project cost data has been estimated by city staff from discussions with qualified golf oaw-se archltects regarding current conmuction costs. Upon determination of project feasibility, • logical next step would be development of a master plan. TABLE 1 • CITY Of PALO ALTO GOLf COURSE PROJECT COST ESTIMATE Course renoyation. irrigation Sand cap Design Clubhouse ~deling, p~rkin; lot Cart ~ath, repair facility addition Recla'~d water pipeline cost Conti ngency (stiMted tota1 Less s~rts Co.p1eK portior. (~5 acres): Mar~lna' construction C05t5 Ughts Bleachers. backstops Cont 1 ngency Total sports complex costs Net gelf course cost estiaate $ 1,100,000 150,000 120,000 ~45.0CO 1,15,000 $ 1,485,000 1 -P.ec:oofi gunt enti re COUTSi!. add SPOl'1:s conp1 ~x (:-equi res fun COUMe c:1 osure}. 2 . R~t.i" existing configuration, rt~oyate course (requires only partial c1osure) • 3 -Incl~d.s sports complex. SQurce: Cit, ~p and ca~itilil 1~pro~eMent progran propo$a1 memora~da. 3 -~"""":_ ... ",rlllllb_IIlJ"J",","·",_",,,, ~-.. , 'L .. ~lj}. - , ....-..-. ....... i , I I l "',..'," - REVENUE AND EXPENSES Golf CoWlle Financing Policy v'lhile golf course operstions have been accounted for as part of the cirys gen­ eral fund, the c;,ys finar.cing policy has been that operation a!ld capital ex­ penses should be paid from revenue generated by the cours<!. Although the city allocates cerrain overhead costs to the operation, the$e are not used in cal­ culating net income for the golf course, due to prior council direction Llu:r the golf course should recover only direct operating expenses and c"pita! costs. The approach taken by the parks and golf division staff is to view the golf course operation as a busi..ness enterprise. They snive to upgrade the course, increase play, and b'L!.ild a reputation that will attract and retain golfers. At the same time, the objective of these efforts is to make the coutSe profitable. In J 978 the C.ity of Palo Alto Golf Cour>e Corporation was organized to fund improvements to the course and issued $1.8 million of lease revenue bonds. Debt service payments on corporation lease revenue bonds are paid from the general fund, but under city policy net rot=e revenues must be sufficient to support debt service payments. In addition, the city has indicated its continu­ ing interest in ensuring that golf cour;.e operations are self-supporting. The city's CWTeJlt golf course finances, policies, and objectives were reviewed, as were similar policies in nearby comparable municipal golf courses. Golf associations and golf participants co= that existing courses are experiencing growing demand which exceeds available supply. While participation in the spott is apparently increasing, golf couzses serve only a limited portion of city residents. Perhaps more significantly, the golfing population tends to be char­ actedzed by those able, willing, and accustomed to paying fees which facilitate a self-supporting operation. Continuation of the current seIf~pporting policy is the basis for the feasIbility analysis which foDows. Current Net Revenue Golf cOW"Se operations are a<counted for as part of the general fund of the city but revenue and exper.se dara are available from the budget and other finance department records. Table 2 shows operating resulrs for the three-year period from 1987/88 through 1989/90, as weD as budget projections for 1990/91- Golf course revenues (i.e., greEn fees, pro shop, and coffee sholJ rent) :h.ave been sufficient to fund all expenses including debt service on the 1978 lease revenue bonds. Water costs have increased significantly, from $94,671 in J 987/88 to a bud­ geted amount of $242,568 in 1990/91. Water costs are increasing as a result of drought conditions and increases in wholesa1e water rates over which the golf course has no control. Water costs now constitute 22 pen:ent of operat­ ing costs. Further cost increases are projected due to continued drought conditions. For the three-year period ending 1989/90, actual net reyenues ayeraged $206,000 per year and were approximately $160,000 in the latest year. This feasibility analysis assumes that up to $150,000 of net revenue per year from 4 ~-.; .. -. . . -'. ", '-.' -' -.- TABLE 2 • CITY OF PALO ALTO GOLF COURSE REvtllUI: AND EXPENSE HISTORY AND PROJECTION Actual Adopted Budget 1987/88 1988/89 1989/90 1990/91 Revenue 6reen fee, • 923,916 $1,039,266 $1,088,250 $1.246 ,050 Pro shop rent 75,000 82,000 86,000 90,300 Coffee ,hop rent 30,300 33,000 35,000 37,000 Other J,Q2Q . 1.Q2Q I,QQQ Total revenue $1, 03(), 216 $1,154,265 $1,210,250 $1.374.350 ~;ng Expenses Employee services $ 396,515 $ 344.980 S 428.598 $ 449,406 Contract services 48.45.2 48,548 48,577 126.bOO Supplie, I material, 92,553 80,546 96,133 136,900' General expen,es 1,479 24,410 28,681 40,204 F.cilities • equipment 46.~31 28,743 29,986 45,500 Allocated charge" Water 94,671 132,70l 186,B88 242,568 Other rei .... rsed to ci ty 6,575 35,826 41,182 38,533 Other allocated 2J,5Z§ ;!!l,m l~,~ i1Z,i1Z~ Total operation, $ 110,104 S 726,273 $ 896.643 $1,101,935 Water co,t ., percent of toto I operat i n9 costs 13.3% 18.3% 20.8% 22.0% Net revenue before debt service $ 320,lI2 $ 427,993 S 313,6::7 $ 272,415 Debt servi ce m,m 12' 2!l7 l~,QQQ l~,lQO Het revenue S 186,575 $ 272.006 S 161,607 $ 124,315 _r of roonds 107,585 105,371 103,265 100,000 Revenue per round $9.58 $10.95 SIl.72 $13.74 Co,t per round' 7.84 8.37 10.l5 12.50 Cost per .c .... $4,585 $4,795 $5.699 $6,793 1 ~ [ncrease partially due to drQught recovery .. 2 • lncl"de, debt service. Source: City of Palo Alto finance department records. 5 • ·i)··· it ? ... - ,.-f. ..... ,--' .",' f , ' - .-, C.llTe:nt opErations could be. sustained and utilize.d to supp.ort project debt ser­ vlce. AdditiOila.l operation and m.:ltnrenance (O&M) fxpenses would require higher green fees. Estimated Fee Increase Revenue The Palo Alto golf c~=e market area is graphically displayed on the !lext page. The legend identifies public (fee) coW'Ses in the mark€[ area. A survey of green fees of public courses in Palo Alto's market area was com­ pl.ted in Februa.)' 1991. Tabl. 3 shows the result' of that survey, Courses are grouped as either municipal cow-ses or privately owned courses alJowi.'1g public play. A campa-lisen with a .unnar survey conducted by the city in Jan­ uary 1990 shows that most courses increased fees by over 10 percent over that period of time, with many of those increases effective in January 1991. The city has historically increased green fees in Nlg'JSt of applicable years. Table 3 also shOW'S Ii comparison of CUITel~ -i~y fees Yliih the median range of the marker area. It demonstrates that the = fees are approxirn.tely 4{) percent below the. mediara.. rable 4 compares rounds played to fees charged in 1~. Rates shown are those in effect during 1990 to maintain co.,nperabil.ity with rounds played in the same period, and are not L;"'e same as those sho'WD. on the most recent survey due to subsequent fee increases (Table 3). Cou!ses are listed in descending order of rounds played. Since demand is influenced not only by rates but also by C01lISe condition, the table shows recent known course lmpIO";ernenlS. While no clear-cl1t correlation is shown,. it appE'3I'S that mWlicipal courses whid are either new or recently improved could successfully charge up to $25 and still achieve a num­ ber of rounds close to capacity. By contrast, Shoreline (City of Mountain View's municipal course) has a policy of high fees for nonresidents. While rounds played are significantly below cour.;e capacity, the O!-j indicates that total green fee income is approximately $1.6 million per year compared to $1.25 million in Palo Alto. The City of Mountain View estimates that only about 27 percent of play is by residents, even with a SO percent resident discount. Market d~d is affected not onJy by fees and course con.d.itiOJ"1.., but also by the number of golfers and available courses. National G<llf Foundation research indicates that the number of golfe. .. in the United States grew from 14 ro.ill.ian in 1978 to 23.4 million in 1988, and is projected to grow to 30 million by 2000. In Palo Alto'. market area, whfle population had increased, public golf course supply has not kept pace. A 1987 marker survey of public courses in the San Jose market area indicated a course demand of 25 in 1990 but a supply of only 18 cou....-se5. Development pressures have resulted in closing of some public <ounes in this market area (e.g" Oakridge and Hillview in San Jose and Fair­ way Glen in Santa Oara). New public course development has not met the de­ mand. This demand is ve"-fied by the number of courses shOW!1 in Table 4 with roU!1ds played at or near capacity (approximately 90,000 to 100,000 per year). 6 L ····1 L South Bay Area ~,,"1110 Ccua*-~ •• ~.1 .. •••• 1 ID • I I .1 tCIrJ ..... 4 • •• 1.1 • • •••• 01 lID • •••• ~, 4C ......... ~ •••••• , III ••••• ,. 3& ••••• U ,..., •••••• ~ IG •••••• 0 l1li • • • • • • W 50 ....... 11 .ole ....... 11 ID ••••• 11 50 • •••• 11 IIIC '"iii, .... " .. " "" .. __ • I ••• ID • • ....... PI ••••••• 11 I ...... ,:a • •• M • ••• o •••••• o ••••• 12' ......• 0., ._ o ••• 111 o ••••• " ......• o. " ••• o ••••• iii ••• I ••• O •••••• o ••••••• »' LOCAOOH OF PUBLIC COURSES IN niE MARKET AREA 7 .. r A.'W',,-' .. -"~---,-'- :.'I 111 OF OF i 70 Ie II) 5 II) IF IF " , .. _-.."...-..,.------ f 1.1 0 r-, \ ~ TABLE 3 ,. CITY Of PALO ALTO GOLF COURSE , , AREA GREm FE[ COMPARISON· PUBLIC CIl'JRSES , , r I Re9ular hi light i Carts i CClJrse lo<:ation I/eekday Weekend Weekday Weekend Senior' 9&16 , I I !bt;c;pal I I San Jos. San Jose $18.00 $25.00 $12.00 $15.00 $12.00 $11/20 San Mateo, Resident San Mateo 8.50 10.00 7.50 7.50 7.50 14·]5 Nonresident San ""teo 9.50 11.50 7.50 7.50 7.50 14·16 Santa Clara, Resident ~nta C1a!"i 11.00 16.00 6.00 10.00 n/a B/16 Nonre'Sident Santa Clna 14.00 20.00 B.OO 12.00 n/a 8/16 Santa Teresa Sar. Jose 20.00 2B.00 16.00 13.00 13.00 20.00 Shoreline" Jt40untain View 29.00 38.00 !1.00 17.00 21.00 10120 Spring Val ley Mi lpita~ 17.00 25.00 12.00 14.00 14.00 12/20 Sunnyval., Resident Sunnyvale 13.00 17.00 8.50 11.00 11.00 14/20 Honresident Sunnyvale 14.00 19.00 10.00 13.00 11.00 14/20 Public Play Crysta 1 Sprs IkI r 1 i ngame 35.00 40.00 28.00 34.00 n/a 11.00 Rive,..ide San J"". 17.00 22.00 13.00 17.00 13.00 14/20 S_it Point Milpitas 20.00 31.00 15.00 20.00 15.00 10.00 Sunol Sunol 18.00 28.00 12.00 15.00 50/1DO 24.00' Hedian<C 18.00 25.00 12.00 IS.CO Palo Alto Palo Alto 13.00 1].00 6.50 11.00 10.00 9/17 varl ance fron .dian: AIIIount $ 5.00 $ 8.00 S 3.50 $ 4.00 Percer.t 38% 47% 41% 30% 1 . Restricted play. 2 -Residents pay 50\ of all fees s~own. 3 -Mandatory. 4 -Full (nonresident) fee. 8 - t. I I . ~ I L TABLE 4 • CITY OF PALO ALTO GOLF COURSf COltPARISON OF fEES TO ROUNDS PLAYED -PUBLIC COURSES' latest Course Rounds _cia "",kend Co"rse Location Improvement Played Rate~ Rate> S.n~a Ciara Golf Club Santa Clara New 1985 110,000 $14.00 $20.00 San Jose Municipal San Jose-1989 107,017 16.00 22.00 Palo Alto Municipal Palo Alto 197B 101,01B 13.00 17.00 San Hat ... San Hateo nla loa,~o 9.00 11.00 SaT'lta 'Teresa San Jo-se 1911S 98,000 17.no 25.00 Sunnyvale Hun;cipal Sunnyvale 1989' 88.500· 13.00 17.00 Crystal Spri ng. Burl ingame 1987 85,000 33.00 38.00 Sprlng Yalley Milpitas 1989' ~2,000 15.00 20.00 Ri'Yerside San Jose n1. BO,OOO 15.00 20.00 Shoreline Mountain View 1988 65,000 29.00 38.00 Summit Point C1ub HilpHas 1990" 63,859 18.00 25.00 1 -1990 dah. 2 -full (nonresident) rate. 3 -Ongoing. 4 .. Some holes under construction in 1990~ Source~ California State AutOllObile Association. Guide to Northern Cal- fforn;a 601f Courses; City of Palo Alto survey of green Janu.ry 1990. fees. In light of marl<et demand conditions, a fee iru:rease up to the median should not reduce rounds played if facility renovation results in an attractive and com­ petitive cOW'S. compared to similar courses in the market area. The dty cCourse already has a high degree of difficulty, due in some measure to the length and configuration of the course. The total land area is approximately 180 acres. Many compcn:·ble market area public courses are built on sites of only 125 to ISO acres. Survey statistics and rounds played at Palo Alto and comparable courses indi­ cate that area market demand is high. Either proposed improvement project will result in a coune that should command at least a mark~t median fee. Project i would, in addition, provide a more atttactive course in that the entire course acreage would be improved, nO! just the playing areas (Le" fairways and greens). However, the cour.;< resulting from Project 1 would probably not com­ mand significantly higher fees tha,.., !he renovated coune resulting from Project 2, This feasibility analysis assumes that the city can raise fees to the median rate upon completion of either project. Table 5 shows the detail of the proposed fee increase by categolj' for an increase in green fee revenue of $508,000, or 41 percent above the revenue that would be generated by 1990/91 f..,s. The feasJ.,ility analysis projects increased revenue of SS58,OOO a,1 course opening in 9 .~. --- - · TABLE 5 • CITY or PALO ALTO GOLf COURSE ESTIMATED fEE INCREASE REVENUE 1990/91 C"rr'ont Estimated Rate Category Rounds Pat' Revenue Weekdays 9 holes 3,000 $ 8.00 $ 24,000 18 he1 •• 38,000 13.00 494,000 Junior/senior g,OOO 10.00 90,000 T.il ight 15,500 8.50 132,000 l/eek..,ds 9 ho1.s 3,000 9.00 27,000 18 ho1 •• 23,500 17.00 400,000 T';l ig-ht 5,000 11.0e 55,000 Playcards Senior (275) 3,600 60,00 17,000 Junior (175) ~ 40.00 Z,QOO Tetal 102,000 $1,246,000 Increased revenue at course open; ngl I -T~ median rate sho.n in Table 3. futLire Course Increased Esti1lllted Increased Rate' Revenue Revenue $11.00 $ 33,000 $ 9,000 18.;)0 584,000 190,000 14.00 125,000 36,000 11.50 118.t)On 46,000 13.00 39,000 12,000 2~.OO 587,000 187,000 15.00 75,000 20,000 ao.oo 22,000 5,000 55.00 10,QOQ J.QQQ $1,754,000 $508,000 $558,000 2 -Assumes a 10% inflationary increase after two-y~ar construction program. 1993/94, assuming a 10 percent infIatioruuy adju..<tment for comparable <0= during. two-year construction period. In addition, the city should be able to increase revenue from pro shop and coffee shop rentals rhrougl: contrtict nego­ tiations that recogni:e greater income potentia!. Cost Savings Reclaimed Water Use: Table 2 previously showed that water costs for the golf course have increz.sed significantly. In 1990/91 such costs aIe estimated at $243,000, Dr about 22 percent of total operating casts. POfable water rate increases sdopted by the San francisco Water Department for sale to wholesale clients like Palo Alto in 1990/91, and further-increases under cor.sideration, could significdrltly increase the price of potable water. Pemaps more impor­ tantly, if the current drought continues. irrigation wa.ter from existing sources may be unavailable or highly restricted. 10 [ '- : ; \ " -"~?'. . .:'" The city needs to fLld areas tQ dispose of its surplas effluent water from its wastewater treatment pl<ll1[. The effluent meets state -srandards f'?r all re· daimec! water irrigation oses. The city currently delivers reclaimed water to the City of Mountain View for irs Shoreline golf course and w'..!l soon begin ~o use reclaimed water on Greer ?ark. Approximately 15 years ago, during the previeus drought, reclaimed water wa.:; used. at the Palo Alto golf course for 8 shOlt period. Delivery was Stopped due to inadequate >"\lpply lines and salinity problems with the rurf. RL'Cent consultant lests of soil and water at the COIme indicated That a blend­ ing process would make the reclaimed water satisfactory for use at the golf course. Fwther, the Parks ar.d Golf Division Director has indicated that the proposed COIme renovations, which include a 12-i<lcll sand cap, will reduce the risks involved to turfgrass quality through use of reclaimed warer. Careful morrltoring of actual use will be required to avoid turf maintenance problems. • Capital =rs: A water quality control plant ana1y.is in 1990 indicaled t!lllt a reclaimed water pipeline project would cost appru<imately S300,OOO. The timeframe for such a project is estimated at 12 months from design to completion, which is less than the timeframe 10 complete either golf cou= project. The facilities necessary 10 enable the golf course to use reclaimed water consist of a pipeline from the adjacent wastewater tteat:l':!ent plant to the golf =e, and • blending well or tank and booster pump on the golf em=. 1M city l= included this project m its proposed 1991/n cap­ ital inyprovernent program. Sa\oings will begin immediately upon completion. • 0penIting Costs: Reclaimed water use sav'.Il8' are diffieult to estimale. Savings are largely dependent on the following policy decisior.s: • Blend of potable and reclaimed water (l00% reclaimed vs. blend) • Price of reclaimed waler to golf COIme (if any) Assuming current policy direction (i.e., 100 pereerll reclaimed water use, zero cost 10 course), annual savings in water cost> of up 10 S250,OOO from the 1990/91 budget could be achieved through use ofreclaimed water. Potential savillgs in future years could be even greater due to projected drought-related potable water rate increases. ThE total cost savings would be reduced due to some increase in the cost of electticity fur pumping (esti­ mated at $16,000 per year by the utilities department). Elq>eDdilure Control: Table 2 refiec" ,.ctual data through 1989/90 and adopted budget data for 1990/91. Budget"" expenses for employee services plus supplies and materials are signifu:antly higher than actual expenses due to e.xpenditw"e control measures adopted by the golf course to preserve profitable operations. Similar cost reductions are now anticipated for 1990/91. Expen. runlre reductions are estimated at $70,000 compared to budgeted expenses. 11 "L • ",---,~ .. ~ .. L sw~~ from All So\.1tt.es: Maximum a.:.-mu::U s.avi..l.gs from all sm.:.rces a.bove are: Reclaimed water ......................•...•. $250,000 E..-pendiru. ... control ............•............. 70,000 Pumpir.g costs • • • • . . . . . • . . . . . . . . . . . . . . . • . . .• (16 POOl Total •.....•..•.................•........ $304,000 This feasibility analysis assumes $300 j OOO net 3IUlUaJ cost savings as a reason­ able estimale pending reclaimed waler blending/pricing decisions. Course Closure Costs In addition to project oosts. economic feasibility of the projects is impacted by disruption c.f operations for a period of up to two years under eiL"er propesal The figures below summarize the estimated net cost to the city due to such closure basod on budgeted 1990/91 expenses: • Project! ..••.....•......•........•...... $962,000 • Project 2 .•....•.•....•.........•.•...... 704,000 Detru1ed closure costs are shown in Table 6 and clistussed below. Employee Servias: Under either project assumption, the city should attempt to keep employee expenses to a minimum during the construction period and reduce staffing by attrition. Assuming either project proceeds "ithin one year, projectod attrition rates and existing vacancies suggest a maximum reduction of three positions (out of eight) for full course closure. Partial operation will require more petSOIUlel; a reduction of two positions is assumed. Oth.er Operating Ezpenses; AU other operating costs except allocated costs would be eliminated during the two-year fuIl-closure propcsaJ and it is esti­ mated would be reduced 50 percent during partial closure. Continuing allo­ cated costs of $30,000 per year are assumed as. well as 50 percent of current water costs for partial closure. Business In!erruption; The city has existing conrractl' for both the pro shop and restaurant/coffee shop. The pro shop lease is long·term (with six years remaining), while the restaurant lease has been on a month-to-month basis pending a master plan and a decision to proceed. FlLrther, the pro shop would Sllffer a greater degree of business interruption under either project propesal, while the resta"llt"ant would still attr2.ct some non-golfer-a. .. sociated business. Both operators are aware of potpr,tial facility improvement pians and have indicated their willingness to support the plan fir...ancially to create a better operation in the future. Table 6 assumes a cost to the golf co= of S25.000 to $50,000 paid to the golf professional for services during project construc­ tion. Actual business interruption costs will depend on negotiations with the operators. 12 'L - '1 '--' T~BLE 6 • CITY OF PALO ALTO GOLF C~JRSE ESTIMATED COURSE CLOSURE COSTS Expenses ~loyee services Contract servIces S"pplie •• 5Oteri.l. Gene-ral e)llp!nse facilities I equipment Allocated costs (including water) Total 0&.'1 costs Oebt service Business interruption: Pro snop Coffee shop Total expenses Revenue Green fees Pro shop & restaurant rent Total Estiaated net loss due to closure T~tal for 2-year constru~t;on period full Budgeted Closure: 1990/91 (Project I) $ 449,000 127,000 137,000 40,000 46,000 3Q3,OOO 1,102,000 148,000 1,250,000 1,246,000 m,QOQ 1,374,000 $275,COO' 30,000 305,000 144,000 50,000 499,000 le,OOQ IS,OCe 4BI,OOO $.62,000 Partial Operation (Project 2) $325,000" 64,000' 69,000' 20,000' 23,000' 152,000' 653,000 144,000 25,000 822,000 420,000' ~O,OQQ 470,000 352,000 ! $704,000 I -Reduced by three ~sitions through attrition by start of construction. 2 -Reduced by two positions through attrition. 3 -50\ of full cost. 4 -50% of full water cost plus .llocated costs of $30,000. 5 -30,000 rounds at average revenue of $14. Lost kYemJe: Estimated !evenue losses shown in Table 6 are based on cur­ rent green fees and 1990/91 budget data. For partial cl~ the parks and golf division director estimates 30,000 equh'll!ent full·time rounds per year. The estimated revenue loss is based on th~ current average revenue per round. Continuing revenue inch.1des an estimate of restaura.nt and pro shop rent. Even during full course closure, some rental income is expected, on the BS­ sumption that the restaurant will remain open for non-golfer busmeoss such as lunches for nearby commercial Iocark ; and for dinner. 13 • , • I ~ I , • <-. -.' ":';':';' <~. ";'-- ',,'-""-" .:.-.~:-~~ "t~.F_~:'!~., "._ C" , - -, GOLF COURSE FINANCING OPTIONS Federal/ State Grant or Loan Funding The Federa! Bureau of Outdoor Recreation has been tneJ-.ing matching grants to states and through th~IT! to rnu..'1icipalities for the pian..'1ing. acquisition, and. deY~lopment of public recreation areas which i.nclude golf cou.rses. [n Cali· fornia. this program is administered by the state parks and recreation depa..."'t· ment. Discussions willi the departmen1 indicate that grant funding for the golf course project is not probable due to limited funding and project priority cate· gories. For example, in the fisoal )ear ending Septe.rnber 30, 1991, grant fund· ing for the state i, as follows: • Statewvide . ~ ............................ . • Sta .. projects ..............•............. B Northern caIifornia municipalities •............. $3,000,000 1,200,000 642,000 There are 38 funding categories, and golf courses are low on the priority list due largely to the limited pu"~, served and their fee generating capobility. Further, the avenoge grant project is only $50,000. Such grants also include stringer.t conditions !:hat land remain in recreational use in perpetuity. For example, exp~~on of a restaurant into a previously designated recreation area would require substitution of an equivalent amount of land for recreational purposes. A5 part of its reclaimed water project, the city has asked its engineerL."1g con~ sultant to pursue state loan funding. At this point, the ranking of the city's project on the state loan priority list or the waiting period for such loan, if any, is not known. The feasibility analysis assumes that no federal or state grants OT loans are available to assist in financing these IlOIf course projects. Borrowing Methods Either golf course improvement project w'Jl result in operating losses dcring partial or full course cloS".Jre. In add!tion the city will need to bor-ow to cover the cost of cOns!J'Uction,. and will incur signific<L."'lt new debt :.:;ervice costs. While the city has a variety of techniques available for borrowing for capital projects, the appropriate method in a given situation depends on the type of project being financed, the statutory powers of the city, the beneficiaries of the project, and the credit pledged for repayment. Some of the basic borrowing methods available include: General Obligation Bonds: Traditionally, general obligation (GO) bonds have been a major SOUTC~ of capital funds for public agencies. GO bonds are se­ cured by the issuer's power and obligation to levy property taxes, without limi· tation as to rate or amoWlt, for the payment of bond service. Be-<:ause of this unlimited taxing power as security, GO bonds have traditionally been the least costly form of public borrowing. 14 . L .;,..>" . . ·.'~;?i:r_._ .... _~ __ ._ .. The city could issue GO bonds fa: this project, with appruval by two· thirds of the voters at an election. They are general1;; required to be sold at par by competitive bid. While GO bonds are straightfOlWard !O issue and administer, and bear the low· est rate of interest, a two-thirds voter approval requires a publicly popular project with gl1I5.n>OL5 support, or an optional project which the city will pur· sue onJy with voter approval. Winle the golf COllI'e project might re<:eive the n",essary voter approval for general obligation bonds, the feasibility study assumes that an alternate borrowing method w'JI be used. Revenue Bonds: A revenue bond is ."cured by the power to generate non-tax revenues. Palo Alt? can issue revenu~ bonds under its city c:harter by adoptio.c of • procedural orrlirumce. This approach has been used for revenl!e bonds .ecured by utility rEvenues. Revenue bonds sht>uld be distinguished from lease revenue lKlDds, such as those issued by the city in 1973 for golf ('ourse im~ provements. Leasf! revenue bonds arf! a form of lease linancing. discussed below. The soW'Ce of payment for de ht service on revenue bonds is revenues from the enterprise being financed. These revenues must be predkrable and depend· able. The city must be able to d=te not only that the revenues are cur­ rently sufficient to meet all of the obligations of the enterprise, but also that the dty can generate additional revenue as needed. In other words, if the city increases the applicable rates, iL5 revenues will increase correspondingiy. This is true of such municipal utilitie5 as water and sewer, and gas and electric in Palo Alto'S case. lr is not true of revenues from reereational facilities. If Palo Alto incre&eS its green fees, golfer.; may go elsewhere or may ",duce their play so that additional revenue is not in "de! produced. The not result is that, while golf course revenues may appropriately be applied to the payment of golf course e.~es, including debt service. these revenues do not have the w;enue characteristics needed for revenue bend financing. Traditional revenue bonds would be limited to instances in which the p.ooje<:ted rev"""ue:; so gtea"'j exceed debt service paymenL5 that the risks posed by un­ enforceable Te""eIlues are very small. Lease 'mandol!' The traditional method in California for financing projects which produce revenue but do not have the revenue characteristics necessary to 5U)'port revenue bond.< is lease financing in one of iL5 forms. Lease financ· ing includes nonprofit corporation bonds, such as the golf course corporation financing in 1978, and certificates of participation. In a lease financing for a project such as this, it is expected that payment would be made from golf course revenues! but in the event golf course reve­ nues are not sufficient to cover all of the expenses of operations and debt ser­ vice, the city would agree to make payments from other ciry revenues. This approach provides the necessary security for the financing. 15 - :"-'. -'.,.-'='-,~- .,~,>.1 . <.U'" ," .' In a lease financing, the city enters infO a lease for specifi~d facilities and agrees tv make a s~am of lease payments. necessary to finance the facilides. With a nonprofit corpot"ation financing, the nonprofit cOl'P,:mltion sells bonds secured by the city'. l.ase payments. In a certi5cate financing, the city, through a trustee bank, selis ;ha:"es (i.e., participations) in its obligation. The city makes debt setVice payments to the trustee bank, which in turn paY' inter­ est and principal [0 the owners of the bonds or certificates. Lease financing, particu1arly using certificates, is a very popular financing method in California for a number of reawns. They are easy to issue and ad­ minister. They can be payable frcm a variety of revenue sources and oan be strucrured to conform to r...'1f' ciry's revenue sources. They can be paid from facility revenues, property taxes, interest, conuact payments---wbatever reve· nue sources are available. California has a strong legal basis for iease financ­ ing of various types, including COP's. Summary: The golf tourse se..>VeS only a limited portion of city residents and may not secure a two-thirds vote necessary for a general obligation bond. Also, golf course revenues are not enfort:ea ble as is genE:I"3.lly required for a revenue bond. The most appropriate borrowing method is some form of lease finandng secured Dr lbe general fund, but expected to be paid from golf C01J!SI! revenues. The precise form of borrt1Y.1ng may be certificates of participation (COP's) or lease revenue bonds issued by the existing golf course no"profit cOIJlOration. The strucru.. ... and security pledge would be compa. ... ble to that of the 1978 Golf Course Corporation lease revenue bonds. . Borrowing Costs Table 7 shows the estimated debt issue size ond armual debt setVice payments far both projects, based on current market interest rates. [t assumes a net inierest cost of 7.5 percent. Interes! payments during Q rwc-year construction period would be paid from issue proceeds. Annual debt setVice totals for years 3 through 20 are estimated at $1,331,000 for Project 1 and $605,000 for Proj· ect 2. The reserle fund balance would be applied '0 the final debt service payments. Actual cost; will depend on interest rates and terms and conditions of the debt instrument when the city is ready to proceed with the project. Feasibility Analysis -Project 1 Table 8 shows an analY'is of Projeot 1 feasibility for a nine-year per.od. The anaJy.is includes the following revenue sources and costs discussed above: • Net revenue, current operations • Operating expense savings • Revenues from :ncrease in green fees • General fund contn'bution for sports complex portion of costs 16 L \ ,-1. 1 . ~ i i I i~ I I I - - TABLE 7 • CITY OF P~lO ALTO GOLF COURSE ESTIMATE OF DEBT ISSUE SllE AND OEB~ SERVICE COSTS Construction fund Reserve fund (10%) Issuance costs/discol.olnt allowance (3.7.5%) Net construction interest cost Interest earrings (7.0%) Est~mated debt issue size Annua1 debt service (20 y~ars~ 7.5%): Const,"ction period (first 2 y.ars)' Years 3-20" Project 1 Project 2 $5,000,000 635,000 238, 000 895,000 (418.000) 6,350,000 ~ :<05.000 1 -Paid from issue prQceeds. 2 -After reser,e fund interest earnings (7.5%). final ye .. 's debt service paid from reserve fund. 'This anal)"is further assumes that me<lian green fees will continue to inere, in response to inflatiorurry and market pressures. Table 8 reflects a fee in­ crease of 5 percent every year. Project 1 costs cannot be fully funded from identified sources. The project would incur a net cost of approximately $139,000 in the first year of opera­ tion as well as a loss during the two·yeu full-closure period of $962,000. The cumulative loss in the year 1999/00 is estimated at $1,300,000. Feasibility Analysis -Project 2 Table 9 demonstrates the feasibility of Project 2. Net annual revenue of over $400,000 would pay debt service for an additional $3 million of project costs. " summary. revenue and cost savings ldentified in this anal)"is could sUP:'O" up to $8 million in project costs. This !let revenue margin allows for consider­ able variation of actual results from as.<UITlptions. Since Project 2 does not include a sports complex, the analysis does 1'ot in­ clude a general fund transf.,. for the $183,000 of debt s.mce costs associated with the sports complex capital costs ($1,515,000). All other assumptions listed in the Project 1 analysis apply as well to Project 2, namely, revenue sources and costs as follows: • Net revenue, current operations • Operating expense savin$' • Revenues from increase .In green fees • Annual inflationary green fees increases at 5 percent The project would result in net "perational revenues in the first full year of operation of approximately $404,000. Cwnulative net revenues (after closure period losses of $704,000) would begin 10 accrue in the second year of operation. 17 - I,' ... ") ~,~,< ,.r'>~-·~"l lABlE 8 • CITY Of PALO ALTO GOlf COURSE CAPITAL PROJECT FEASIBILITY ANALY51~ PROJECT 1 -fUll COURSE RfCONSTRUC7!ON, $11.0 HILLION 1991/92(1) 19'12/9J(lI 19'13/')4 1 'I'l4/'I!! 19%/96 19%/91 l'1l1/98 -----~--------~~-------------~----~~- Swro!o of ~/caJt savitJgs 19'1B/9'l 19'1'I100 Not .......... , cur_ .... rati<:ll i2) ~rati~ I("~ sarirqs (J) GrMI f ... ~ (4) ISO,tOO )OO,tOO S~.~ 181 ,tOO 150,tOO )00.000 586;100 18\.000 no/coo 300,000 616.001 18),001 150,000 300,000 646,800 181,too 150,000 »;),000 ~1'l,loo 183,000 1"'1.000 lCO,OOO 111,100 18J,lm ~:~o Sports C'QIl>le:x tortitM of ®bt ~rvic@ (5) 'lbtal dvailabl(' Nc .... dt<bt' ~m~ cr.'f\ts (M Q:m-sp tlooun-coots 'J ~t '1\';l.i.L/(l:mt} -Nr~t year ~t d1jd.ll.! (r03t) -CU1IIlat i VP. \l) ".,,'''' c loom (2) Mter existing dPbt G('rvi~ Jlcl~t o 48I,lm (4Rl,000) (481,00» O} Cse of recla~ w.:at'?!.'" Ii. (f~~.itqn~ IXlOtrolR '148,00) 18J,lm o 1,191,00) 1.219,'100 1.249,000 1.Z19,SOO 1,)12.100 1,346,100 1.J81,o\:l() 1,331,000 l.m,1JOO l,))l,1JOO l,JJ1,(XX) l,JJl,OCI1 1,m,oro J,JJl.OCI1 481,001 (.till ,(00) U39,::m) {lll,.JOO) (82,000) (51,:l:llr (18.9001 15,100 '><).00) (962,000) (1,101,200) (I.m.~l (l,2'l4,'JOO) (1,345,100) n,]&oI,/iOO) n,349.5001 \l,Z'l~,l(0) (4) Il1C~ to area lIl'dian r4tro initially aM ~ ewry Yedr UleJ'haft@r (~) TrolMtt"f fmn ~ra] tUtrl {t;) O£t'1 p.lid frm. lllSUE"-k<l}HtilJir300 interest) dudng ('(hStructim ) • , .. : \' " .. I .. ., J i I iO TABLE 9 • CITY OF PALO ALTO GOLF COURSE CAPITAL PROJECT FEASIBILITY ANALYSIS· PPOJ[CT 2 PROJECT 2 . COURSE RENOVATION, S5.0 MILLION IminO) Im/93(l) 1993/')4 -~--'---~ ~-- Solret' of IN'@I1UP/CClat saving-Ii Net rr.venue, t.'Urrmt operdtifll (2) 150.000 Q'lPr<lf iTJ) experu;e savingIJ (3) 300,000 Greetl f~ ifll-TOage (4) 5')8,80) -------~--- 'lUtal availtWl~ 0 0 1.008,800 NPv dt>bt SPrvice C"OStB (~) 605,000 O:Uroe cloou~ cn:;ts JI2,ooo 352,000 ---~------- NPt avail./Ccoot) -CUrIl'Ilt )'f'dr (112,000) (352,0001 403,800 Nt!t ii.vail./(coot) -C\aI.lative (312,0001 (104,0001 (300,200) (t) OJIlrne clooe.J (2) AftlPf oostinq d~bt S('rvice pol)'ll8tt OJ l'~l(Io of reclainn1 water &-~xpenditu~ {U'ItrolLJ (4) IncnID8j to .1rN mdian ratee initi"Uy alii ~, ~e .. Y year tte~fter (S) Coots paid frun irmue (Clpitalizro intet'eOt) duriIq ccmtm:;tim ", ,~--or""'r" __ .--~---.-~--.--. - ""':~ffl'W'f'--~' ·",r,-'T t";' "I' \ .-,--, 1994{95 1995/% l"%{~1 1997/98 l'l'lll/!1'1 19'1'1/00 .I; ---------_ .. _---~----~-- l~,OCKJ 150,<XX> l!iO,OCO 150,000 150,000 1'>O'~ _lOCI,OOO 300,000 300,000 300,000 300,000 300, 586;/00 616.00:) 646,800 619,100 713,)00 148,800 --~---_._------------~------~-- 1,036,700 1,066,000 ; ,096, 8():) 1,129,100 1.163,100 1,198,800 6O'i,ooo Wi.OOO 605,000 ru"ooo fQ."OO') 60'>,000 -----_._---.",.-._-------------- 41;1,700 461,000 491,800 '>~4,100 S't8,l00 'iJ).800 Ill. 500 59?, ':iOO 1,054,3,M) 1,608,400 2,16<>,500 :-',7f1J,Xf) ) J :,",'1." ... . , "".i,f~~~\~~ ;/~,.,~' El Qunino Park Lease Option Separate 3....'I'l.d apart from golf course capital budget discllssiot1S. the ciiy real estate divi..sion is pW'Suing .a1te.matives 10 its FJ Camino Park lease l"1ith Stan~ ford University· (lessor) in an effort to stem rapidly increasing lease payments which are based on increasing appr.i5ed values. The city is contractually com­ mitted to an agr=<mt in which the lease payments exceed the benefit gained from use of the park site. Total lease payments oC approximately $500,000 per year are currently included in t.'l. parks division budget. Al'Proxirnately $313,000 of that payment is applicable to the portion oC the lease devoted to parks ane! open space Pl1l"]'OOes. Sir,ce the sports complex included ir, Proj- ect 1 could be used as an alternative for current rt.'creaconal llSI::S at El Camino p~ applicable lease sa\.fugs and costs were reviewed and evaluated as a SOUl"Ce oC additional fu.'1ding fer Project 1 costs. Table 10 demonstrates projected lease payments applicable to the parcels dedi· cated as parkland by a 1965 vote of city residents. Discontinuance of the recreation portion of the lease would reduce the parks budget by the estimated lea •• payments oC $381,000 by the time a reconstructed course could open in 1993/94. [.ease savings could be used to offset net Project 1 costs shown in Table 8 ($J39,000 in the first year of operation). Lease savings from the purchase of the property and conversion to ather uses, however: are subject to successful negotiations and one~time costs of up to $10 million. • City staff has advised that purchase of the property through an eminent domain proceeding would require an offer to Stanford based on 2 market value estimated at $9 million. • Withdrawal oC the land from the Williamson Act Preserve to allow an alternate use would require • withdrawal penalty of approximately $1 mil­ lion to obtain use of the property in less than five years. T!lls cost could be paid from lease savings prior to the opening of a reconstructed course. • Conversion of the land from park use woul d require a ballot measure for removal of the park dedication of EI Camino P .... k. In SUItlIMlY. if lease alternative negotiations are successful, applicable cost sav­ ings would offset Project 1 net casts. Na"·galf<ourse revenue funding, how­ ever, would be required for one-time buyout costs estimated at $9 million. If lease termination negotiations result in significant bUY01 .. t cost reductions or if the ciry elects [0 fund these capital costs from sources other than golf course revenue sources, Project 1 feasibility could be r~uated. 20 L. , :) = ~ -~ ~ ~ ; -~, ;0 ~ ~ = -- -,. -::: = ~ ~ -- ~ - = ~ - ~ = '" --- = -~ ~ ~ = " l r -- ~ ~ ~ ;t ~ ; ~ - ~ ~ = ~ ~ "" ~ = ~ - ~ ~ ~ . H ~ -> c • . -. ~ ~ ~ ~. '-:' ~ ~ ~ . ~~ · ~ -~ ~ 0 ,;; ~-0 -" . · · • · · e · · · . " -"0 ""'.,-' .. " - CONCLUSIONS AND RECOMMENDATIONS Course deterioration and incre~d mamtenam:f costs will require capinil proj­ e~{ costs to correct these problems and provide a course L'\at comperes in the market area. Golf coun;e demand is strong and growing, par:iculady in the citi. comparable market axea. An improved city facility will benefit from this deI1'l&!td and result: in increased revenues that can be used to offset capital im· provement cost.-r.. City staff has explored 'V"a..rious golf course capital improve­ ment options. Fwther action on MO recommended options has been deferred pendlng results of this fe .. ibiliry analysis. The conclusions of the feasibility analysis axe as follow>: • Existing golf course fi.'UIIlce policies and objectives stress a self·supporting operation. Continued application of this pelicy is recommended. It is coIlS"'.l5tertC with other municipal C:OtU!:ie5 in the market area. Further, golf course demand is high and should support such a pobcy. • Current course green fees are well below the median for the market area but still provide a net revenue of about $lSO,OOO per year after payment of current debt service. • Water costs have increased dramatically in recmt years. Drought condi­ tions have necessitated repeated rate inc:reases for pota't.ie water. The city has a permit from the state to use reclaimed water far various irrigation uses, including golf courses. It provides atJ. alCe:Illl\:tive source that not only achieves water conservation but should also result in cost savings to the city of about 5243,000 per year. AttJa! savings will dopend on the blend (if any) with potable water. • Either Project 1 or Project 2 will result in an improved f'cility that would permit a fee increase to the median level without a reduction in roWlds played. Project 1 will probably not support fees significandy higher than those for Project 2. Inaeased revenue from a fee ir.c:rease to the median is e.s tim.ted at SS08,OOO per year in 1990/91 and $558,800 at 1993/94 levels. • Grant or loan funding is not curr.ntly .,'Bilable to assist "ith golf CO\lISe reno\;ation projects. • Annual debt financing costs are estimated as follow> based on CUITent bond market conditions includL"1g I! net interest COS! of 7.5 percent: Project 1 ....•.•..•..•.. _ ........... , $1,331,000 Project 2 ..•.•.........•.•..... ..•.. _ 605,000 • While a combined sports complex/ golf course renovation project 0. e., Project 1) would provide an alternative to sports uses at El Camino Park, the city'. abiliry to tenninate it. lease of El Camino Park and allow alter· nate uses of the property requires voter approval as well as successfu1 ne· gotiations with Sranford Univemty Oessor) or eminent domain proceedings. No savings in lease expenses can be realized without expendit\ll'e of over $10 million for property purchase and removal from the Williamson Act. 22 o • Project 1 is not self-,upporting. It wculd >equire an annual general fund conm'bution of approxiIrnllely $139,000 L'litiaJly, as well as COllI'S<! clos","" costs of $962,000. If the city proceeds with the termination of the Ei Camino Park lease~ the resultant savings could be used to offset net Proj­ ect 1 costs but othel ge'IeraI fund contn'butiJn5 would be required for one-time buyout cos.ts estimated at $9 million. • Project 2 is self-supporting. [n addition, estimated reve.nues would sup- port up to $8 million in project costs. This feasibility analysis will assist the city in its 1991/92 golf cou= capital budget formulation. Upon approval of a specific project and funding alterna­ tive) it !s recommended that the city. • [nclude the project in the cit-Is work plan and in its budget • Develop • master plan • Secure de:'t financing 23 , ' L o Hr-. Paul Dias Director of Parks and Golf City of Palo Alto Palo Alto, CA 94303 Dear Paul: Attachmerlt D Au.;ust i, 1991 ~~ne Strong, Secretary of our Corporation, and I pn}ayed attending the special me~ting of t,be Golf Course Advisory Committee on July 25. 1991. You did an excellent job Df explaining the history Df the Golf Course, the probleThB that beset it, and the different Capital Improvement Projects that are being considered. It was interesting fcr the people present at the Meeting to review the Golf Course Capital Project Feasibility Study corlducted by Bartle Wells Associates and to hear ~hat action is necessary if the Golf Course is to remain a viable asset to the City of Palo Alto. Members of the Board of this Corporation are of the opinion that Project 1. as detailed in the above Study. and which calls for a complete reconstruction of the Golf Course, is not practical or feasibile and should not be further considered. We are a~are ,ho~ever. that capital improvements must be made to prevent the Golf Course from complete deterioration, eo we urge tha~ Project 2, as spelled out in the Feasibility St~dy. be impiementd as soon as possible. We offer our full support tD you in your efforts to bring this about. Please feel free to calIon us at any time. ~e recall that the City Co~ncil, in authorizing the erection of an office building at the end of the Drl\·i~g Rang£ sev~ral years ago, agreed to consider much needed capital improvements to the Golf Course in th~ future. It ~ould appear that the t~m€ has come to make these propcsed capital improvements a reality. :{i2c ere 1:: 1 ?,~-'~:~)i> rt ey, /g~e'idrn 3388 S~ Michael Dr. cc: Board Members Palo Alto, CA 9~306