HomeMy WebLinkAbout2013-8-4n
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MINUTES
Nantucket Land Bank Commission
Miacomet Golf Capital Program Committee
Meeting of August 4, 2013
Miacomet Golf Course, 12 West Miacomet Road
Nantucket, Massachusetts -
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CALL TO ORDER: 4:02 P.M. z
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PRESENT: Bartlett, Gardner, Paterson, Reinhard.
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ABSENT: Stackpole.
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STAFF PRESENT: Jesse A. Bell, Assistant Director. v
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Approximately 30 Miacomet Gol,(members were also present. M
A. GOLF BUSINESS:
1. Miacomet Golf Course ( "MGC ") — Members'Annual Meeting: President John
Daniels opened the meeting, introduced new committee members and thanked
those that were leaving for their service. Mr. Daniels stated that the mission of the
MGC Members Committee was to represent and act as a liaison for the collective
membership, working in partnership with both golf course management and the
Land Bank, with the objective of benefitting all who use the facility. Gene
Briskman, Golf Committee Chair, and Phil Raneri, House Committee Chair,
updated the membership on accomplished goals and pending projects of their
respective committees. MGC Capital Program Committee Chair and Land Bank
Commissioner Robert Gardner summarized the charge of the committee and
presented the conceptual master plan, stating that the next step would be to form a
financial workgroup to analyze and put together various funding scenarios for
consideration. Members questioned how much the clubhouse building would cost
(an estimated $4 -6 million) and discussed financing options, such as increasing
membership rates, playing fees, assessments, Land Bank funds, wedding
functions /events, etc. Some members questioned the need for a new facility at all,
while others showed support for the concept. Mr. Gardner called on members
with a background in finance to get in touch with John Daniels to express interest
in participating in the work roup.
ADJOURNMENT: 4:55 P.M.
Attested to:
Neil Paterson, Secretary
Acce ed, Approved, and Released by the V OTE
of t e ssi this day f August, 013.
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A . Reinbard, Chairman