We think you have liked this presentation. If you wish to download it, please recommend it to your friends in any social system. Share buttons are a little bit lower. Thank you!
Presentation is loading. Please wait.
Published byNia Arnott
Modified over 2 years ago
Timeline of Events Mt. Graham Golf Course
Springbok Development, LLC. Copyright © 2009. All Rights Reserved. Initial City of Safford Commitment SGC1, LLC Purchases approximately 488 acres of land contiguous to the Mt Graham Golf Course with the understanding from staff (City of Safford) that the city would be willing to incorporate the existing golf course into a full Master Planned Community.
Springbok Development, LLC. Copyright © 2009. All Rights Reserved. Escrow Closes for $6.5 MM Escrow Closes February 1, 2007 by and between Arizona State Credit Union and SGC1, LLC under the direction of the development plan of Springbok Development. SGC1, LLC makes a $6.5 MM commitment through the purchase of 488 acres to move forward with the development of Mt. Graham Golf Course expansion.
Springbok Development, LLC. Copyright © 2009. All Rights Reserved. Graham County Application Springbok makes an application with the County of Graham County to Zone and proposes the Master Planned Community to incorporate all of the City of Saffords properties and SGC1, LLC properties into the Development.
Springbok Development, LLC. Copyright © 2009. All Rights Reserved. Thatcher Proposal Thatcher requests the Developer to incorporate the proposed development within the Thatcher City Limits.
Springbok Development, LLC. Copyright © 2009. All Rights Reserved. Agreement Between Cities The City of Safford and the Town of Thatcher cooperate in establishing revenue streams for both cities. The City of Safford and Town of Thatcher execute a Memorandum of Understanding (MOU) to cooperate in the sharing of future revenues from the proposed development. Springbok Development agrees to submit all applications to Thatcher and withdraws their application to Graham County.
Springbok Development, LLC. Copyright © 2009. All Rights Reserved. New Legislation Springbok Development hires Gallagher and Kennedy, Law Firm, Phoenix AZ to assist in introducing legislation that would allow a municipality to exchange real estate they own outside of their jurisdiction with a private party.
Springbok Development, LLC. Copyright © 2009. All Rights Reserved. Saffords Support of HB2014 Safford City Council Supports Mt. Graham Golf Course expansion, and adopts a resolution supporting House Bill 2014 in January 2009, for land exchange.
Springbok Development, LLC. Copyright © 2009. All Rights Reserved. Resolution No. 09-001
Springbok Development, LLC. Copyright © 2009. All Rights Reserved. Rep. Bill Konopnicki Sponsors HB2014 The Bill, a copy of which follows, proposed to amend A.R.S. 9-407, thereby facilitating the exchange of real property in the Safford - Thatcher area. Rep. Bill Konopnicki sponsored the Bill and it was single assigned to the House Government Committee.
Springbok Development, LLC. Copyright © 2009. All Rights Reserved. Copy of Adopted HB2014
Springbok Development, LLC. Copyright © 2009. All Rights Reserved. Copy of Adopted HB2014, p.2
Springbok Development, LLC. Copyright © 2009. All Rights Reserved. HB2014 Signed into Law The Bill is processed through the State House and Senate, makes its way through several committees and is signed into law on July 9th, 2009 by the Governor and is fully in force September 30th, 2009.
Springbok Development, LLC. Copyright © 2009. All Rights Reserved. Adopted Site Plan: Mt.Graham Golf Course Springbok prepares and makes applications to the City of Thatcher for a Master Planned Development and presents it to the Planning Commission and City Council and receives unanimous approval for the city of Saffords properties and SGC1, LLC properties.
Springbok Development, LLC. Copyright © 2009. All Rights Reserved. Leasehold Agreement Springbok seeks long-term leasehold agreement with the City of Safford. Springbok seeks the rights and privileges to expand and redevelop Mt. Graham Golf Course. Springbok seeks to relieve the City of Safford of long-term liability.
Springbok Development, LLC. Copyright © 2009. All Rights Reserved. Creating a Win-Win Solution Moving forward with the proposed lease agreement the City of Safford gains An improved facility New designed course Revenues from utilities Tax revenue from sales A new expanded facility that brings purchasing power into the region City retains fee simple ownership Course will remain as a public course
Springbok Development, LLC. Copyright © 2009. All Rights Reserved. Leasehold Flexibility Additional Benefits to the City of Safford City retains the right to subsidize green fees. City can immediately relinquish their $400,000 annual losses. City can implement a plan to gradually scale up the green fees. City will gain a world-class Management and Development team, unprecedented to this area. The Development and Management teams are willing to consider incorporating the current management and employees through a reasonable employee qualification process.
Springbok Development, LLC. Copyright © 2009. All Rights Reserved. City of Safford Seeks a Solution Current liability for the City of Safford is $400,000.00 per year. Springbok estimates the City has put $1MM into the course in the last 36 months. The City will spend another $1.2MM in the next 36 months. The City will have General Fund exposure for $2MM in a 72 month cycle.
Springbok Development, LLC. Copyright © 2009. All Rights Reserved. Site Plan
Springbok Development, LLC. Copyright © 2009. All Rights Reserved. Our Websites Springbok Development, LLC www www Norris Design www www
Springbok Development, LLC. Copyright © 2009. All Rights Reserved. Lifestyle Golf Communities Inc. (LGC) is a potential participant with Springbok Development LLC for co-development of Mt. Graham Golf Community. Lifestyle Golf Communities Inc., and it affiliated entities, has a business relationship with the following vendor brands: Nicklaus Design www www Troon Golf www www Weitz Golf www www Epcon Communities www www John Deere Golf Future Potential Partners Disclosure: LGC may be interested in participating with Springbok Development LLC on the Mt. Graham Golf Community when all pre-development agreements are complete, all feasibility matters are satisfactory to LGC, and a level of housing pre-sales has been met. Springbok Development LLC, at this time, does not have a definitive contract with LGC, or with any of the above vendor brands for Mt. Graham Golf Community.
Springbok Development, LLC. Copyright © 2009. All Rights Reserved.
FIRE PROTECTION CONTRACTS Workshop on Senate Bill 239 (Hertzberg) July 21, 2016 Nevada LAFCo – Presented by P. Scott Browne, Counsel.
1 Understanding Revenue Allocation Districts (“RADs”) Prepared for the Jersey City Redevelopment Agency Presented by: Glenn F. Scotland, Esq. & Jennifer.
Proposal to Town Board March 2, Background Concept Financing Economic Benefits Marketing Plan Fundraising and Sponsorship Clarence.
PRESENTED BY: ROSS VANDERHAMM, CITY OF EDMOND - DIRECTOR OF FINANCE STAN JONES, CITY OF TULSA - TREASURY MANAGER Are You Being Overcharged For OTC Services?
Library System Funding & Capital Projects Budget Issues Workshop February 21, 2012.
Innovation Strategies Presented to MODE January 2014.
New Jersey Election Law Enforcement Commission Pay-to-Play January 2013.
INTERNATIONAL DRIVE Public Safety Initiative April 7, 2009.
Our Mission... “To facilitate collaboration and partnerships through a comprehensive master plan which promotes economic growth, community development.
1 MICHIGAN MUNICIPAL SERVICES AUTHORITY COLLABORATE INNOVATE SERVE Michigan Local Government Benchmarking Consortium Conference: Benchmarking for Success.
PUBLIC COMMENT PERIOD If you would like to address the Mayor and City Council during the Public Comment section on Tonights Agenda, please record your.
Citi REO Strategy & Community Relations September 15, 2009.
Implementing SB 1525: An Update Cheyenne Walsh Squire Sanders (US) LLP Government Finance Officers Association of Arizona Winter Conference Prescott, Arizona.
Governor’s Tax Simplification Task Force Overview and Impact on City of Phoenix Presentation to Phoenix Chamber of Commerce January 15, 2013.
Highland Park, Illinois Affordable Housing Trust Fund.
True-Up Service Fee Adjustment with OMI/Thames January 10, 2006.
Comparison of Proposals to Restructure Central Office Administration Owen Maurais Executive Director, PREP February 8, 2007.
RFP for Management Services. BACKGROUND & HISTORY The Palm Harbor Golf Club originally opened in 1973 as a community amenity for “Palm Coasters.” The.
SUCCESSOR AGENCY UPDATES Community/Economic Development Department Presented by: Kymberly Horner, Economic Development Director October 18, 2016.
Business Ready Community Planning Grants Presentation WEDA Fall Conference September 26, Investment Ready Communities.
Floyd County Board of Commissioners Special Town Hall Meeting Topic: Update on status of Georgetown WWTP.
REDWOOD UTILITY BILLING A UTILITY MANAGEMENT & CONSERVATION COMPANY.
Town of Hopkinton Solar Energy Project Proposal March 2013 Presented by Hopkinton Sustainable Green Committee.
Town Of Douglas A Review of the Town’s Proposed Tax Incentive Financing (TIF) Agreement With American Pro Wind, LLC Presented To The Douglas Finance Committee.
WRIGHTWOOD COMMUNITY SERVICES DISTRICT 7/3/2016wrightwoodcsd.org.
Amendments to the Work Permit Rules: Problematic Issues Alex Nisengolts 28 April 2011.
Department of Housing and Community Development Mobilehome Park Rehabilitation and Resident Ownership Program (MPRROP).
WIND ENERGY SITING REFORM LEGISLATION Kenneth Kimmell, General Counsel, Executive Office of Energy and Environmental Affairs.
FOR CLERKS AND RECORDERS Planning Commission – public meeting and a public hearing City Council – public hearing Must contain: - a map of expansion.
Office Of Purchasing and Contracts Procurement Outreach Training Level II - Module C Specialized Agreements.
City of Indio Strategic Planning Update. Mission Statement The City of Indio’s public servants provide outstanding municipal services to enhance the quality.
Town of Olympic Valley Negotiation Process April 1, 2014.
Betsy Kerrison Property Acquisition Town of Kiawah Island Municipal Campus Site October 28, 2014 October 30, 2014.
Master Lease – Stockton City Center 16, LLC City Council/Redevelopment Agency May 10, 2005 Agenda Item 9.03.
Sacramento Local Agency Formation Commission (LAFCo) UPDATE ON PROPOSED SMUD ANNEXATION Presented to Yolo LAFCo September 19, 2005.
Founders Landing Developer Solicitation Committee City Commission Recommendation February 26, 2007.
NAFTA Teamwork At Its Finest. Team Members Border State Representatives – Arizona, California, New Mexico, Texas – Both IFTA and IRP US Department of.
2015 Legislative Overview League of Arizona Cities and Towns.
The Library Partnership …A Neighborhood Resource Center.
WASHINGTON JOBS INVESTMENT COALITION SUPPORTING TAX INCREMENT FINANCING AUTHORITY December, 2010.
Pointe Vista Community Meeting September 27, 2012.
State and Local Government Budgets Chapter 14 Section 3 and Chapter 25 Section 2.
Chapter 43 An Act Relative to Improving Accountability and Oversight of Education Collaboratives Presentation to Board of Elementary and Secondary Education.
C O A L I T I O N Corner Understanding Real Estate Law: 11 Elements of Compliance Coalition Corner: Business training tools for HR staff, real estate licensees.
Exploring Private Financing for Water Infrastructure Prescott Valley, Arizona John Munderloh John Munderloh Water Resources Manager Prescott Valley, AZ.
Transit Revitalization Investment Districts Planning and Implementation of Act 238 of 2004 July 2006 Getting to TRID Lynn Colosi Clear View Strategies.
Implementation of Housing Element Update of Housing Element City Council Meeting Tuesday, September 24, 2013.
A Briefing to the Housing Committee Housing/Community Services Department October 5, 2015.
© 2017 SlidePlayer.com Inc. All rights reserved.