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03-03-2020 City Commission Workshop Minutes MINUTES AGENDA REVIEW WORKSHOP MARCH 3,2020 CALL TO ORDER- 5:00 I'M Mayor Johnson called the workshop to order at 5:00 PM in the Commission Chambers of City Hall. Present: Mayor Johnson, Commissioner Brinson, Commissioner Wilsen, Commissioner Firstner, Commissioner Oliver Also Present: City Manager Frank, City Attorney Cookson, City Clerk Sibbitt REVIEW AND DISCUSSION OF PURCHASE OF THE FOREST LAKE GOLF COURSE - 5:00 PM Assistant City Manager Shadrix provided background information on the acquisition of the Forest Lake Golf Course and explained the purpose of the workshop which was to discuss if the City should purchase the Forest Golf Club business, and if so, how to finance. Ken Ezell, Ezell & Clifton Golf Design Group, provided additional background information on the golf course, and explained their business practice which has kept the golf course well maintained. He explained the value and advantages to the City if the City Commission approves the purchase of the Forest Lake Golf Club business. Mr. Ezell answered questions presented by the City Commission. Steven McDonald, GAI Consultant,provided his credentials in his field and further spoke on the subject of the business valuation. He summarized the business valuation for the golf course which he was hired by the City to provide. Development Services Director Rumer briefed the City Commission on the Golf Club Redevelopment process. Utilities Director Smith briefed the City Commission on the Wastewater Operational Impacts. Finance Director Roberts briefed the City Commission on the Financial Considerations. Questions by the City Commission were addressed by City staff, Mr. Ezell, and Mr. McDonald. Consensus was to bring this item back before the City Commission. Mayor Johnson recommended that public comments be allowed. ADJOURNMENT— 6:12 Pel APPROVED: Attest: • of '`e • frA I elanie Sib s itt, City Clerk Rusty ohn•on Mayor 1iPage