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Date: 02/17/93 <br /> From: Johnny Medlin CEWMJRM - RIS1 <br /> To: Linda Norris CEPNLHN - RIS1 <br /> cc: Bob Hammitt CEWMJRH - RIS1 <br /> John Etter CERMJFE - RIS1 <br /> Subject: Golden Gardens <br /> Reference: Your note of 02/17/93 09:11 attached below <br /> Hi Linda, <br /> There has been no movement on Golden Gardens since we had our meeting out <br /> here at Roosevelt that you and Chris attended. I understand from the <br /> Real Estate agent that her clients are looking at their options and have <br /> not come to agreement on a course of action. She has asked if the City <br /> would be open to a "cash deal ", our reply has been that we would pass on <br /> any proposal they made but that John and I feel a cash deal would not be <br /> in the Park Systems best interest and would recommend not accepting cash. <br /> They are still exploring the financial possibilities of relocating the <br /> portion of the A2 channel which bisects their property. While very costly <br /> to them ($ 75,000+ likely) it would give them additional area in which to <br /> site the greens. <br /> The grapevine has told me that they may decide to proceed with the Golf <br /> Course development on their own to expedite the whole project. This would <br /> drop the immediate plan to work out a swap but leave the option open to <br /> continue discussions at a later date. I'll let you know if anything else <br /> turns up. Thanks <br /> Johnny <br /> ATTACHED NOTE <br /> Date: 02/17/93 <br /> From: Linda Norris CEPNLHN - RIS1 <br /> To: Johnny Medlin CEWMJRM - RIS1 <br /> Subject: Golden Gardens <br /> Johnny, what is the status of Golden Gardens? Have you met with the <br /> appraisers yet? (Barbara Keller has asked me about this) Please let <br /> me know where we are, and I'll call her. Thanks, Linda <br />