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HomeMy WebLinkAbout02181982 GCCity of Sebastian POST OFFICE BOX 127 D SEBASTIAN, FLORIDA 32958 TELEPHONE (305) C. aq~m~d Ldd, Jr. P.G.A. Sebastian Municipal Golf Course Board of Directors Meeting was conducted on Thursday, February 18, 1982 Roll Call All members were presento...Mr. Dan Melia, ~r. Harry ~orris, Mr. Arthur Trowbri~ge, Mr. Don Livingston, Mr. B411 Roux, Mr,. Clay Price, Mr. ~n Vickers0 Mr. Gordon Mr. Ray Ladd. Ca,Z! to Harry Morris called t~e meeting ~6 order at 4=02 Of fi., ,c..i a! ,~usiness MroHarry Morris introduced Mr° DOn Liv~ngston to all present. Mr. Livingston was appointed to the B6ard as a replacement for Mr. John VanAntwerp. Mr. Morris. Mr. Ladd and Mr. Melia informed the Board that Mr. VanAntwerp's decision to resign ~ final an~ ~hat it was strictly personal. _Mayor Floo~°s .=emarks.....Mayor Flood informed the committee that the Golf Course was 'Your Ba~# an~ th&t all matters, pertaining to the Course should be decided b~ the Board o£ E~LFector~. -1- Y Pn Mayor Flood informed the Board that the Golf Course should be kept separate from City politics. Mayor Flood informed the �- Committee that any purchase over $1000.00 must definitely go to bid and that all bids must comply with the City's rules and regulations. Also, that the purchase of used equipment did not have to go to bid or the purchase of anything from the State or Federal agencies. Mr. Morris informed the Board that we should listen to remarks from Mr. Joe Lancaster, City Finance Director, as he had been invited to attend the Board Meeting. Mr. Lancaster informed the Board of the status of the bond issue. His remarks were as follows: A The total of the anticipatory note was $1,600,000. B The annual interest on these notes is $160,000.00 (10%). C we only pay the interest for the next 5 years (dept service) . D The notes must be paid off at anytime during the next five years. of E That $240,,000, is being held in escrow in Jacksonville as security or an $80,000,9 payment due March 1982 and $160,000 held in case of default. F That the money being held in escrow is drawing interest annually for the Golf Course G Mr. Lancaster informed the Board that $80,000 would be due in September 1982 and that this payment represents $13,333.33 per month 2- N Mr.,Lancaster also informed the committee that the ,funds available ;, to operate the Golf Course effective February 1, 1982 were $6.4,000. This figure representing all remaining monies from the bond issue, Mt,Lancaster infomed the Board that they must be very careful and extremely cautious regarding the expend4tuFe of the monies in the future, Mr- Morris-thanked Mr. Lancaster on behalf of the Board: and informed him that the Board appreciated his. infomation, 01.d B.u, ,s, iness,,. ,There was no pending old business, l~ew Business,,, ,Mr, Don Livingston re~nded the Board 6£ the possib~lities that ve might face in the future regarding a financial obligation to the a~rp~..r~o This info~mat~4on vas d~scussed: however° no action was taken regarding this obligation, Mayor Flood info~med the Board that he would discuss the matter ~th a~rport officials, PRO Manager Requests and Reports,,, ,Mr, Ladd 4nfoFmed the c~nmittee that along ~th Mr, Trowbridge he had 2raveled to Fort Lauderdale to look at equipment &hd £urnit~e for the food and beverage operation, That the equ~pme~ vas located .at the Fort Lauderdale Count~ Club, After much discussion the Board made a mo~ion to purchase the equipment at a value of '$4,520,00, Th~s motion vas seconded b~ ~Lro aeli&, There vas no £urther discussion and the mot4on vas Unanimously' approved, -l~r. Ladd informed the c. oemtttee o£ the duties of all e~plcefees at the Golf Course and issued each Board Member a list o£ the emplc~ees along with their respective salaries' A request was made l~y Mr. Ladd that we should de£initel¥ know when we plan to wove into "~he new Clubhouse. After much discussion all a~reed that the new clubhouse would be un-officially opened on April 17,1982. That the official grand opening woul~ take place during our Pro-~m Tournament, A request was made by Mr. Ladd to ~ontact the PGA for an official approval of our tournament and an official date. k motion by Mr. Livingston was made that we seek a~proval for a mid-May tournament. This motion was seconded by Mr. Price. No further discussions pertaining to this tourn~nent and the mention was unanimously approved. Mr. Ladd in his final re~arks i~fomed the cce~it~ee th. at due to our financial situation perhaps we should take a good look at our rates. This information was taken un,der advisement by the Board.. B?ard Me~bers Request ·-- ~- Harry Morris informe~ the Board that he would check with the C~ty Attcrrney regarding the pToper pro- cedure to £ollow re rate increases.. Also, that pewhap~ a good hard look should be taken at the current ordinance affecting this procedure. Mr. Morris in£ormed the Board that it would be appropriate if the Board elected a new chairman. ~dingl¥0 Mr.- TrOWlrridge nc~inated Mr- Melia for this positi~n._ This n~mination was seconded by Mr, Price. There were ~ £urther nominations and Mr. Dan Melia was elected as the new Chairman of the Sebastian Municipal Golf Course Board of D~rectors. Mr. Mella thanked the Board for their evidence of support and informed all members that many items still had 'to be t~ken care of~ such as, parking lot, drainage of parking lot, £inances, drawings from engineers, fill for the parking lot,. etc. Mr. Bill Roux informed the coe~ittee that he personal.ly, would go out to the Club and render his professional opinion as to how the problem could be remedied. Further items discussed by the Board l~ertained to the puF~hase of a front-end loader, lights on the ,s~reet, and parking lot. Due to the late hour ,these subjects were left in abeyence. There were no requests from the general public. The meeting was adjourned at 6'-35 P.M. Re,pectfu11¥ suhe~,t~d0 Ray Secr.etary -5-