Indian Creek Golf Club October 13, 2015

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

Lakes Course Green

Lakes Course – Green and Collar

Lakes Course Bunker

Lakes Course – Cart Path

Lakes Course – Erosion Control

Lakes Course – Silted Bunker with Drainage Issue

Lakes Course - Fairway

Lakes Course – Drainage Issue

Lakes Course – Cart Path

Lakes Course – Irrigation Leaks

Driving Range

Lakes Course – Non-Recurring Cost (Pre-flood condition) *Sand (1,100 tons to cover 50,000 sqft) *No Bunker liners *Includes scheduled tree removal/trimming *Includes additional cart path repairs (will not fix all areas of damage) Bunker Costs$204, Equipment Costs$93, Drainage Repair$66, Tree Trimming$60, CH Start Up87, Cart Path40, Irrigation and Aerification25, Total$575,500.00

Lakes Course – Non Recurring Cost (Worse condition than pre-flood) Bunker Costs$204, Equipment Costs$93, Drainage Repair$66, Tree Trimming$20, CH Start Up87, Cart Path20, Irrigation and Aerification25, Total$515, *Sand (1,100 tons to cover 50,000 sqft) *No bunker liners *Does not include scheduled tree removal/trimming *Minimal cart path repairs

Lakes Course – Non-Recurring Cost (Better condition than pre-flood) *Higher grade sand (1,100 tons to cover 50,000 sqft) *Includes bunker liners (same as Creek course) *Includes scheduled tree removal/trimming *Includes additional cart path repairs (will not fix all areas of damage) Bunker Costs$330, Equipment Costs$93, Drainage Repair$66, Tree Trimming$60, CH Start Up$87, Cart Path$40, Irrigation and Aerification$25, Total$701,500.00

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

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

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

Creek Course – Tee Box

Creek Course - Fairway

Creek Course – Bunker and Fairway

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