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HomeMy WebLinkAbout2004.07.06_OPGA AgendaN TYPE OF MEETING: Regular DATE: July 6, 2004 TIME: 6:30 p.m. PLACE: Council Chambers, Old Central Building 109 N. Birch Notice and agenda filed in the office of the Ciy Clerk and posted at City Hall �/, at 5:00 p.m. on Friday, July 2, 2004. /1' A �iliann M. Stevens, AdminiOrative Assistant AGENDA 1. Call to Order Chairman Kimball 2. Flag Salute 3. Roll Call 4. Consideration and appropriate action relating to a request for approval of the Consent Agenda. All matters listed under "Consent" are considered by the Trustees to be routine and will be enacted by one motion. Any Trustee may, however, remove an item from the Consent Agenda by request. A motion to adopt the Consent Agenda is non -debatable. A. Approval of the Minutes of June 15, 2004 Regular Meeting. Attachment #4-A B. Approval of Claims. Attachment #4-13 I i: \Agendas,0 P GA,2004\0 7060-do c Owasso Public Golf Authority July 6, 2004 Page 2 5. Consideration and appropriate action relating to an agreement with IBC Golf Management. Mr. Ray Attachment #5 Staff recommends Trustee authorization for the OPGA Manager to enter into an agreement with KC Golf Management for the purpose of professional golf management services. 6. Report from OPGA Manager. 7Report from OPGA Attorney. 8. New Business. (New Business is any item of business which could not have been foreseen at the time of posting of the agenda.) 9. Adjournment. 11 ,Agendas\0PGA\2004I070604. doc E OWASSO PUBLIC GOLF AUTHORITY MINUTES OF REGULAR MEETING Tuesday, June 15, 2004. The Owasso Public Golf Authority met in regular session on Tuesday, June 15, 2004 in the Council Chambers at Old Central per the Notice of Public Meeting and Agenda posted on the City Hall bulletin board at 5:00 p.m. on Friday, June 10, 2004. ITEM 1. CALL TO ORDER Chairman Kimball called the meeting to order at 7:14 p.m. ITEM 2. FLAG SALUTE The flag salute was held during the City Council meeting preceding this meeting. ITEM 3. ROLL CALL PRESENT Susan Kimball, Chair Craig Thoendel, Vice Chair Steve Cataudella, Trustee Brent Colgan, Trustee A quorum was declared present. STAFF Rodney J. Ray, Authority Manager Ronald Cates, Authority Attorney ABSENT Gary Cochran, Trustee ITEM 4. CONSIDERATION AND APPROPRIATE ACTION RELATING TO A REQUEST FOR TRUSTEE APPROVAL OF THE CONSENT AGENDA. A. Approval of Minutes of June 1, 2004 Regular Meeting. B. Approval of Claims. Mr. Colgan moved, seconded by Mr. Cataudella, to approve the OPGA Consent Agenda with claims totaling $53,834.19 and payroll claims totaling $25,900.47. YEA: Colgan, Cataudella, Kimball, Thoendel NAY: None Motion carried 4-0. Owasso Public Golf Authority .Rine 15, 2004 ITEM 5. CONSIDERATION AND APPROPRIATE ACTION RELATING TO A REQUEST FOR TRUSTEE APPROVAL OF RESOLUTION NO. 2004-01, A RESOLUTION ADOPTING AN ANNUAL OPERATING BUDGET FOR FISCAL., YEAR 2004-2005. Mr. Ray presented the item. Mr. Colgan moved, seconded by Mr. Thoendel, for Council approval of Resolution No. 2004-01, a resolution providing for the adoption of an annual operating budget for fiscal year 2004-2005. YEA: Colgan, Cataudella, Kimball, Thoendel NAY: None Motion carried 4-0. Mr. Ray congratulated Corey Eurd for his admirable job at the Golf Course. ITEM 7, REPORT FROM OPGA ATTORNEY am F Mr. Colgan moved, seconded by Mr. Thoendel, to adjourn. YEA: Colgan, Cataudella, Kimball, Thoendel NAY: None Motion carried 4-0 and the meeting was adjourned at 7:20 p.m. Pat Fry, Minute Clerk Susan Kimball, Chair N VENDOR DESCRIPTION AMOUNT ASHVV0RTH SHIRTS/CAPS 1.005.00 T|TLBST GOLF BALL8/CLUBS/GLOVES 7.892.57 AHEAD HEADGEAR CAPS 281.02 C4LLAVVAYGOLF PUTTER _ 170.31 OAKLEY LENSES/BAGS 58.50 SLAZENGERGOLF PRODUCTS GLOVES 803.73 FO0TJOY SHOES 105.00 OWA8SOCOPIER SERVICE CENTER COPIER TONER 07.84 GOLF SHOP &&NERCHANDISE DEPT TOTAL -�0,344�57� 0VVASSOPUBLIC WORKS AUTHORITY WATER USAGE -CART BARN 17.82 O'RE|LLYAUTOMOT|VE REPAIR PARTS 08.70 JUSTICE GOLF CAR CU REPAIRS/BATTERIES 059.33 CART OPERATIONS DEpTTOTAL ---- ----775.87 VVAL-MARTCOMMUNITY MA|NTSUPPL|ES 7025 ATC0|NTERNAT|00AL HAND SPRING 143.35 LESCO FERTILIZER 1.097.00 E8TES FERTILIZER 652.30 EVV|NGTULGA FERTILIZER 304.20 B &TTRUCKING SAND 220.11 APACSERVICE CENTER RIP RAP 484.03 YALEUNIFORM RENTAL SHOP TOWELS 14.88 YALEUNIFORM RENTAL SHOP TOWELS 14.88 EVV|NGTULSA PARTS 036.07 WATER PRODUCTS PARTS 10.98 PARKS OIL COMPANY FUEL 1.385.00 LESCO SPREADER 329.00 0WA8GOPUBLIC WORKS AUTHORITY VVATERUSAGE'MA|NTENANCE 130.72 0KLAH{)K8ANATURAL GAS 05/04USE 4841 GUARDIAN SECURITY SYSTEMS SECURITY MONITORING 29.85 O'RE|LLYAUTDMOT|VE REPAIR PARTS 75.12 PROFESSIONAL TURF PRODUCTS PARTS 090.24 BAILEY EQUIPMENT PARTS 35.00 PRACTICAL SALES &SERVICE PUMP/MOTOR 4.227.27 R& RPRODUCTG PARTS 20.00 LUBERBROO PARTS 681.51 HERCULEST|RE SALES TIRES 55.00 O'RE|LLYAUTOMOT|VE PARTS 15.80 LOVVESCOK4PAN|ES PARTS 207.85 ATVVO0DS PARTS 139.00 COURSE MAINTENANCE DEPT TOTAL 12'118.30 VVORDCOK8 COPY PAPER 22.45 OVVASSOPUBLIC WORKS AUTHORITY WATER USAGE -CLUBHOUSE 00.59 DKLAHOMANATURAL GAS 05/04 USE 315.85 GUARDIAN SECURITY SYSTEMS SECURITY MONITORING 29.95 ORKIN EXTERMINATING MARLIN LEASING CORP SWBYPS HOME TOWN DIRECTORIES SOUTH CENTRAL GOLD JPMORGAN CHASE BANK DESCRIPTION AMOUNT PEST CONTROL 42.40 DIGITAL PLAYER CONTRACT 100.00 ADVERTISING 109.00 ADVERTISING 354.00 ADVERTISING 1,100.00 ADMINISTRATION DEBT TOTAL 2,134.24 1996 REV BONDS 40,284.77 DEBT SERVICE DEPT TOTAL -40,284.77 OPGA FUND `6`OTAL, 65,657.75 OWASSO PUBLIC GOLF AUTHORITY PAYROLL PAYMENT REPORT PAY PERIOD ENDING DATE DEPARTMENT 6/26/2004 OVERTIME TOTAL EXPENSES EXPENSES Golf Shop Operations', $0.00 $6 150.82, Cart Operations 0.00 3,108.57 9• �: 0.00 5,414.73 Ful I I ffa affil 4 TEXT! 1W TO- THE CHAIR AND TRUSTEES OWASSO PUBLIC GOLF AUTHORITY FROM. RODNEY J RAY CITY MANAGER/OPGA MANAGER SUBJECTa REQUEST FOR CITY COUNCIL AUTHORIZATION FOR THE CITY MANAGER TO EXECUTE A GOLF MANAGEMENT AGREEMENT DATE- July 2, 2004 BACKGROUND: During the past two years the staff has focused its efforts on determining what actions could be implemented to improve the financial performance of the Bailey Ranch Golf Club. Those efforts were initiated because of a three-year decline in the financial "bottom line" of the facility. Beginning in FY 1998-99 the course began a trend that produced fewer rounds of golf each successive year resulting, obviously, in lower revenue and operating deficits. In 2003, despite the temporary closure of three area courses that combined to produce about 150,000 rounds of golf annually, the number of rounds played at Bailey Ranch Golf Club continued to decline. During the staff reviews, it became obvious that the course needed improvement in both its marketing approach and levels of customer satisfaction. Additionally, the condition of the course had a significant decline due to a deterioration of four greens during the 2003 season. The condition was "underreported" but certainly not unnoticed by golfers. As determinations and recommendations were being developed, the Director of Golf resigned. The resignation of the Director of Golf presented an opportunity to consider a number of options for the management of the course. Hiring an experienced golf professional to manage the course was the initial option considered. The use of a management company was not originally thought to be a viable option but was later explored as a result of discussions with KC Golf Management. KC Golf Management of Tulsa, is a company owned by Ken Campbell that employs as a consultant Tim Lampton, both former employees of Bailey Ranch Golf Club. Both individuals were formerly supervised by Warren Lehr, the first Director of Golf at Bailey Ranch Golf Club, and both expressed a desire to utilize their management experience and principals. As a result of their Bailey Ranch Golf Club experience, as well as their passion for the course, utilizing KC Golf Management became the preferred option. PROPOSAL® The proposal before the Trustees is one that would, if approved, allow the City Manager to contract for the professional services of IBC Golf Management. The general terms of the management agreement include the following: ® A term of two and one-half years, ending on December 31, 2006 ® A base compensation of $40,000 annually, paid monthly An incentive compensation that is based on financial performance and pays the management company 20% of "net operating income" or improvement to "net operating income" The definition of a Net Operating Income "benchmark" from which improvement will be determined Vesting the complete management of the course in the management company ® The development of an initial assessment and business plan with monthly reports relating to the implementation of such plan ® Operating Standards for review and evaluation purposes ® Requirement for the development of an annual operating budget submitted to the City Manager for inclusion in the annual budget process * Recommend capital purchases and develop a ten-year capital plan ® Reviews of the company's performance each six-month period, such review by the City Manager ® Notice to be given if the company considers operating agreements with any other golf courses within a 50 mile area. FUNDING: Funding for this proposal is included in the FY 2004-05 Operating Budget adopted by the Trustees on June 15, 2004. Depending upon the performance of the company it is possible that the level of incentive compensation could exceed the funding levels of the budget. Should that occur a supplemental appropriation could be required. It should be noted that the funding requirements for the proposed management agreement would not be greater than previous year's costs for a Director of Golf. One of the requirements the staff imposed on the negotiations with IBC Golf Management is that additional professional golf personnel could not be hired to operate the course if such hiring would increase the level of expenses for the operations. i7ESTa This request is for Trustee action to authorize the City Manager, in the capacity as OPGA Manager, to finalize and execute an agreement with IBC Golf Management for the purpose of securing professional management services for the Bailey Ranch Golf Club. COMMENTS- * MENTS The only issues remaining unresolved are technical definitions that relate to the wording of how to set the Net Operating Income benchmark The interim Director of Golf, Mr. Corey Burd, has been kept informed of this effort and is in support of the proposal ® This approach is a win -win for all parties, the City, the Management Company, Mr. Kurd, the course patrons and most importantly, the citizen taxpayers If authorized, this agreement will be effective July 12, 2004 Copies of the agreement will be provided to trustees when the agreement is finalized and executed. RECOMMENDATION: The staff recommends Trustee action to authorize the City Manager to finalize and execute a professional services agreement between the OPGA and IBC Golf Management. ATTACHMENTS 1. Draft .Agreement LETTER OF UNDERSi AN INCH FOR BAILED RANCHGOLF CLUB Submitted by KC GOL) MANAGEMENT Letter of Understanding I This Letter of Understanding sets forth the general terms and conditions for KC 641f Management (KC Golf) to provide professional golf management services to the 04 0 lic Golf Authority (Owner) and Bailey Ranch Golf Club (Facility). The following articles are intended to provide a basic understanding of KC Golf's role and Z)- responsibilities and to establish the relationship between KC Golf and Owner. The tcn-ns and conditions included in these Articles are intended to serve as discussion points for finalizing an agreement for professional golf management services to be provided by KC Golf at Facility. Upon review and discussion of the conditions expressed in this Letter, a formal agreement to include appropriate legal language, clauses and any additional terms as to satisfy both parties will be drafted and executed by and between KC Golf and Owner. T 1.1 Defined Terms When used in this Agreement, including any exhibits attached hereto, the following terms shall have the meaning ascribed to them in this Article 1, unless the context clearly indicates a contrary intent: "QaPAW -Exen�diturqqs" shall mean all expenditures which are classified as capital expenditures in accordance with generally accepted accounting principles, including all such expenditures associated with capital lease obligations. Taipment 8r Supplies" shall mean all equipment and supplies used or useful in the operation and maintenance of the Facility, including, without limitation, the Pro Shop inventory, mowers and other turf care equipment, golf carts and all related maintenance equipment, chemicals, janitorial, office supplies, all furniture, fixtures, uniforms, computers and communication equipment. "Employees of KC Golf' shall mean Ken Campbell and Tim Lampton "Net Operating Income" To be determined. "Operational Budget" shall have the meaning ascribed to that term in section 3.2 of this Agreement. "Op erating Contracts" shall mean all contracts now or hereafter entered into for the management, maintenance and operation of the Facility, including, without limitation, all capital and operating lease agreements to be provided for the Facility and all such contracts for Equipment and Supplies. "Operational Year" shall mean fiscal year. "Owner Standards" shall mean an operational and maintenance standard (including but not limited to the maintenance of the greens, tees, fairways, the Golf Course, generally, and the Clubhouse Complex) of quality and excellence at least equal to the standards maintained as of date hereof at the following courses: Battle Creek in Broken Arrow and White Hawk in Bixby. Letter of'Understanding 2 "Term" shall mean the period of time commencing on the date written of eement and continuing until the date upon which this Agreement is terminated in accordatq2� the terms hereof. �� �6", "04, Additional Definitions" To be determined as necessary for final agreement. o ARTICLE 11 Retention of KC Dolt' 2.1 Agreement to n/fanayg Owner hereby appoints and retains KC Golf, and IBC Golf hereby accepts such appointment and retention to act as an independent agent and consultant to Owner as professional manager for the Facility during the Terris upon the terms and subject to the conditions specifically set forth. 2.2 Standards of Performance: Relationship Between Owner and KC Golf. KC Golf accepts the relationship of trust and confidence established between KC Golf and Owner by the terms of this Agreement. KC Golf shall consult with Owner and/or the Owner Representatives concerning the management of the Facility to Owner Standards. KC Golf covenants with Owner to furnish its best skill and judgment in performing its obligations hereunder, and shall at all times provide such consulting and managerial services in a manner which maintains the good name and business reputation of Owner. KC Golf shall perform its duties and obligations under this Agreement in an efficient, expeditious, professional, prudent and economical manner, consistent with the best interests of Owner, in accordance with standards followed by KC Golf in its management role of similar golf courses managed by KC Golf, and consistent with the standards of similar golf course facilities managed by other entities in the Tulsa, Oklahoma metropolitan area, and in such manner so as to maximize all amounts payable to Owner and minimize all amounts payable by Owner, both as set forth in this Agreement and otherwise in connection with operation and maintenance of the Facility. KC Golf is entering into this Agreement as an independent contractor to provide the professional services set forth in this Agreement. KC Golf shall have a nonexclusive relationship with Owner with the understanding Owner shall receive the courtesy of being notified prior to KC Golf contracting with any other golf course facilities within 50 miles of Facility. KC Golf acknowledges that it is acquiring no rights whatsoever in the Facility, or any portion thereof (including any trade names, trademarks, logos, emblems and similar identifying matters of Owner or the Facility) or the Equipment and Supplies, except a nonexclusive and revocable license, during the Term, to enter upon the Facility and use the Equipment and Supplies if, and to the extent reasonably necessary, to carry out its obligations pursuant to this Agreement. ARTICLE III Duties and Obligations of KC Golf In KC Golf s role as consultant and manager of the Facility, KC Golf shall provide the following professional services: 3.1 Business Plan. KC Golf shall prepare the "Business Plan" which shall include the following: (a) An introduction, which shall address the following areas: Letter of Understanding 3 Facility Overview * Facility Fact Sheet ® Club Brand Development (b) Marketing Plan * Strength, Weaknesses, Opportunities, Threats Analysis * Competitive Market Analysis Marketing Methods * Objectives, Strategies, and Tactical Plan ® Images and Graphics Checklist (c) Operational Plans ® Overview of Operations ® Golf Shop and Course Services * Golf Course Maintenance ® Membership ® Food and Beverage ® General and Administrative (d) Organization and Service Standards * Facility Customer Service Philosophy ® Organizational Chart and Staffing Plans ® Job Descriptions for Ivey Personnel (e) Capital Equipment and Operating Leases Recommendations 3.2 Annual Operatin Bud et. IBC Golf will develop an annual operating budget of expenses and revenues consistent with comparable facilities and consideration for guidelines established by Owner and historical Club budgets. The ("Operating Budget") shall be available for review and approval by Owner no later than 60 days prior to the first day of each Fiscal Year. The Operating Budget shall contain for the following Fiscal Year: (a) profit and loss statement (by month), (b) a written summary of business strategy and goals, (c) itemized list of capital expenditures, and (d) itemized list of operating and maintenance including each employment position with corresponding salary and benefits. The Operating Budget shall be subject to approval by Owner and, if Owner does not approve the Operating Budget in writing, IBC Golf shall revise the Operating Budget until the same is acceptable to Owner. Any withholding of approval by Owner shall be based on upon reasonable standards and considerations. Any reference to the Operating Budget in any other section of this Agreement shall mean the Operating Budget as approved in writing by Owner. 3.3 Management. IBC Golf's responsibilities shall include the following: (a) IBC Golf shall, subject to any restrictions or limitations set forth elsewhere in this Agreement, perform or cause to be performed certain tasks which may be necessary or appropriate in connection with the ongoing operation, management, promotion maintenance, repair, and upkeep of the Facility. In performing such tasks IBC Golf shall oversee and implement every aspect of the day-to-day management of the Facility, such as the following: Letter of Understanding 4 (1) Comply with all applicable governmental and other land useA ` Wof eats, approvals and agreements affecting the Facility, including any applicable mortgages,' trust, regulatory agreements, declarations of covenants, conditions and restrictions, and documents. "19z, (ii) Develop and implement a comprehensive marketing plan for the Facility, �tj outlining all facets of the plan and develop a budget for implementation of the plan, for review and approval by Owner. (iii) Supervise all sales, marketing, advertising, promotion and publicity developed by or on behalf of Owner relating to the Facility. Such promotion shall include providing complimentary golf privileges to those individuals deemed appropriate by KC Golf in connection with the marketing and promotion of the Facility. (iv) maintain in full force and effect all Operating Contracts (other than such Operating Contracts as may be replaced by a new Operating Contract) necessary or appropriate for the ongoing management, maintenance and operation of the Facility in accordance with this Agreement. (v) Subject to the limitations and guidelines set forth in the City Personnel Manual, interview, recommend to hire, supervise and train employees and staff needed for the operation of the Facility. (vi) Administer salary and bonus programs of all employees in accordance with the Operating Budget. implement the comprehensive marketing plan developed by KC Golf for the Course. (vii) Develop and provide employee job descriptions, and operational and procedural manuals. (viii) Subject to prior written approval of Owner, establish fee schedules for the Golf Course and related services. (ix) Supervise the management of play on the Golf Course and the operation of the golf shop, restaurant, driving range and golf carts. (x) Supervise the physical maintenance of the Golf Course in Owner Standard condition. (xi) Submit for review and approval by Owner proposed requests for Capital Expenditures to expand or improve the Facility. (xii) With the prior written approval of Owner, supervise Capital Expenditures of the Facility including the purchase of the Golf Course maintenance equipment, golf carts, Golf Course and Clubhouse Complex improvements, and pass on to Owner all cost savings resulting from any national buying power of IBC Golf. (xiii) Subject to the Operating Budget and the City Purchasing Guidelines, approve, when due, all costs and expenses of every kind associated with the management, Letter of Understanding 5 maintenance and operation of the Facility, as provided for herein, for submittal � ` ncr for Payment. 90 (xiv) Coordinate and direct all onsite administrative duties necessary processing and payment of payroll and benefits. OP &WN (b) Subject to the prior approval of and ongoing consultation with Owner, plan and promote special functions intended to generate Gross Revenues for the Facility, develop strong awareness for the Facility, and coordinate marketing activities and communicate with news media, business firms, golf courses, civic organizations and other entities to promote an increase interest in golf at the Facility, all in a manner which promotes a positive image of the Facility, (c) Implement the Operating Budget. 3.4 Op erating Contracts. KC Golf shall, subject to the Operating Budget as well as all laws and purchasing policies governing the City, execute all Operating Contracts necessary or appropriate for the management, maintenance and operation of the Facility during the Term in accordance with this Agreement. All such Operating Contracts shall be executed by the Owner. Operating contract procedures are to be determined by and provided by Owner. 3.5 Acquisition of Equipment and Supplies. KC Golf may recommend to Owner brands and styles of, and suppliers for, all Equipment and Supplies, and shall, at Owner's expense and in accordance with the Operating Budget as well as all laws and purchasing policies of the City, purchase or lease, or cause to be purchased or leased through other persons or firms, and supervise and coordinate the delivery and installation of all such Equipment and Supplies. In addition to the foregoing, KC Golf, at Owner's expense and in accordance with the Operating Budget as well as all laws and purchasing policies of the City, purchase, repair, maintain, and keep the Facility adequately furnished with all necessary Equipment and Supplies. The cost of all such Equipment and Supplies shall be charged to Owner at net cost and Owner shall be credited with all refunds, allowances and other discounts allowed to the purchaser. 3.6 Employees. During the Term of this Agreement, KC Golf will recommend to hire, retain any and all employees to operate the Facility in accordance with the Operating Budget, City Personnel Policies and Procedures Manual and other terms of this Agreement. KC Golf shall manage all employees on behalf of the owner in accordance with the City Personnel Policies and Procedures Manual. All employees are to be employees of the owners and not of KC Golf. KC Golf shall recommend to the Owner of the hiring or firing of any employee. 3.7 Monthly Management Review. KC Golf will provide the Owner with a Monthly Operational Review (M.O.R.) including an update and assessment of the marketing and sales activities. The M.O.R. will be delivered to Owner by e-mail no later than an agreed upon date to be determined. 3.8 Quarterly Meetings. KC Golf shall meet with a designated representative of Owner at least quarterly for a formal review of operations of the Facility. 3.9 Additional Obligations. To be determined upon review of this Agreement. ARTICLE IV Letter of Understanding 6 Ter 4.1 Expiration of Termg Extension. This Agreement shall terminate w cti on December 31, 2006. This Agreement shall automatically extend for one successive t tw (2) years unless either party gives the other written notice of its intent to ter-ininate not 1 ,, a one hundred and twenty (120) days prior to the expiration of the current term. ���� 4.2 Teimination by Owner - Owner may terminate this Agreement in the event IBC Golf (i) has engaged in misconduct, (ii) failed to perform any of the terms and conditions of this Agreement within fifteen (15) days after written notice from Owner or (iii) repeated conduct on the part of IBC Golf that impacts adversely the reputation of the Facility. 5.1 Base Fee. KC Golf shall be compensated for its services as the professional manager of the Facility as follows: For each calendar month IBC Golf shall be paid a monthly fee calculated at 1/12 of the annual base fee of forty thousand ($40,000.00) dollars. Payment shall be paid within five (5) days after the last day of the month. 5.2 Reviews. Shall be conducted once every six (6) months by Owner for consideration of increasing the Base Fee based on improvements to the Facility service, quality and financial performance, KC Golf shall submit a review request summarizing the results for period under review. 5.3 Annual Incentive Fee. In addition to the Base Fee for each Operational Year during the term of this Agreement, within fifteen (15) days after the date of delivery of the financial statements IBC Golf shall be paid twenty percent (20%) of the Net Operating Income or the increase in Net Operating Income over the previous period (to be determined), which ever is greater. Consideration shall be given to exclude any expenses generated by Owner that are not part of the approved Operating Budget when calculating the NOI incentive fee. 5.4 Additional Benefits. IBC Golf is responsible for any and all travel expenses to and from the Facility, however, employees of IBC Golf shall receive the same privileges as Facility employees in regards to golf and food and beverage purchases. i doDefault, i miscellaneous Letter- of Understanding 7