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RPR-14-94 FRI 0:24 ADMINISTRATION FAX N0, 2164610552 P,02 <br />GOLFREAI_TY,4D VISOR.S, INC. <br />F'casibility Anolysis Acquisitivq umd Dcmdopment Consulteng 13rukcrAge <br />Apnii 12, 1994 <br />Mr, Philip M. Brett <br />Director a£ Finance <br />Mayfield Village <br />6621 Wilson Mills Road <br />Mayfield Village, Ohia 44143 <br />Dear Mr. Brett: <br />In accordance with the Request for Proposal("RFP") from Mayfield Viilage, Ohio the fotlowing <br />is a formal proposai response frorn GoLF REaLNAavisaRS, INC. ("GR.A") for consulting services <br />concerning consulting services for evaluating acquisitian and management for the Parkview Golf <br />CpUrSB. <br />Qn the basis of our review of the RFP, and the meeting and presentation with the MayFeld Village <br />Council, we understand that Mayfieid Village (the "Village") is considering purchasing Parkview <br />.f rolf Course using municipal debt, and epntracting an independent golf course management firm <br />to run the facility far the Village, The Village has requested quatified cpnsultants to evaluate Che <br />overall plan for purchase of the golf course, and to prepare an RFP for solicitation of lease ar <br />management contract propasais, and then review these proposals in order to make <br />recommendations to the Viliage for proceeding with one firm. <br />STATEMENT OF GRA QUALIFICATIONS <br />• GR.4 is a'specialist ist galf course market feasi8ility, ai?d financral operatiojrs <br />af gadf cvurses. We have experiertce with golf course property mar:agernent <br />aitd frnallcial e vpluatioils across the United States Our firm is staffed by <br />professiorrpls who are nvt vtrly seasa?ied consultattds to the godf iy:dustry, brrl <br />also have vwnership interests iii golf course and free staiiding ririving range <br />facilrties. As owners, we uiiderstcrttd the cridical rmpordrxjtc:e of gatheriitg mrd <br />analyzirag market data in order ro justrfy purchase of a golf course, as well as <br />in evalttation of mattagemeiat and frncrncial renrrns. GR4 adopls a <br />comprehensive apprvach to evnd?rcting all its engagemerits and has beeome <br />krrown ljrclustry-wide fvr its in-depth attd detailed work. Accardingly, we have <br />beett called upon by Textron Financial Corporation, ihe gvdf irrduslry's most <br />aetfve lender, to perform locri: urrderwririrtg analys1s for projects su8mittecl for <br />319 Lynnway, Suite 200, Lynn, Massacl:useac, ,01941,_ (61,) 7 592-2040 FQx; (617) S92-5 640 <br />? '.', <br />; ,, <br />i?;,;?+1?