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RPR-12-94 WED 4;07 ADMINISTRRTION FAX N0, 2164610552 P,05 <br />GOLF REALTY anuxSORS 617 347 5640 P.06 <br />?. MayfiP.ld Vi11ag0 <br />Propow for Golf Course Coasulting Senrices <br />Apri112, 1994 <br />Pago 5 <br />S;milerly, if the Village is supported by an expedcnved golf consultaut, unreasonable demaads wiA <br />not be made to the operators, therehy s"n$ tizm and money for all parkiCS, <br />ft4.l'EGT STAFFIMG <br />The Study wi11 be performed by elther Richard 0. Nekaroski or Rowland B. Sates deper?ding <br />upon praJect echeduling. Both ara pArtncrs of GRA and have in-depth cxpecience conduotirtS <br />flnanctal evsluatiors caf galf courses and ovaxuatis,g muagement compaay proposals. Their <br />resumes are included in the GRA $rvchure included n Exhibit B. <br />FiELD WOux Arru SrrE VIS[Ts <br />In order to provide the Rnancigl projectiaas for Parkview Golf Course, GRA Representatives wiU <br />perForm Phase Yfialdwork in the Mayf eld Village Market Acea for a mWauum of threa (3) days. <br />It is our experience thac a pertion oF the first day ahouid be spent with VlitaSe repre.sencetives <br />discussing the engagerment nd gathering greater perspective on the Villdge9 goa{s fox the <br />aequieition of Parkview. A detailed course assesament is alsa perfarmed on the fust day. Ia <br />addition to the fleldwork time, a Gr2A representative wiil rouun to the tnarket area for twa more <br />trips to malce oral preeent$ticr+s and attend naeetings with the Village for the following tasks: <br />1. Gousicil Presentation ofBusinesa Ftm <br />2. ComparisionlRecomeadatinn of Phase U. ManagementlLeasing Firms <br />These meetings are expected to last approx;imately one day each. <br />ENCAGEMEN7' SCHEaULE <br />Qn the basts of our presenc saheduling, GRA is avaitable to cQmmCnce this assignment withia one <br />week of tho Vil(agles authoriz8tion to pxxcxd. WC will comptete Ph= X. markot eva1uation gud <br />deliver the,Parkview operating projections within six (6) weska of the cominencement date. The <br />Viflage Council oan ther? evatuate the Aequisatioa Plan and present the acquisitioa proposal to the <br />Villago voters for approval, If the acquisitioa is approved, CRA will comtnence Phase II aad <br />prepm-e the RFP for distributiott to all interested partxes. The Village sltould expect ta altoa <br />operators tbur (4) weaks to respond to the M. During the response t4me, GRA will work with <br />the Vil1ag* to prcpart ft wei$hted aver'age rating system. GRA's evatuation of the APP <br />re9pnnses wiil requIre ad sdditional two (2) weeks. Thrau$hdut the course oP the asslgrunent we <br />will keep the Villzge apprised of qu,r etstua regarding the engagemint by canducting on.gniag <br />telephaae conFereaees with the primary groject coordiatar. <br />-f- <br />CtiOLF'KIEALZYADVISORS, INC.