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Mayor Tarver asked if staff felt this was a good conservative estimate of return on the City's investment. Mr. Iremonger said the revenue estimates have not been changed. Staff is comfortable with the fee schedules regarding the green fees. Ms. Acosta said the City is conservative by nature in reviewing the numbers. Staff was pleased with Council's recommendation regarding the pro-rata share. Ms. Michelotti said the staff report addresses two loans that will be paid off. Mr. Iremonger said at this point there are no projected revenues to pay off these loans. If the golf course does better than anticipated, the money will be used to pay off the loans. In the financing plan is a small amount of capital improvements funds built up as a reserve for future improvements. Ms. Michelotti said even though the loan is a long term loan, hopefully the golf course will generate funds to pay the loan off sooner. Mr. Higdon introduced two of the property owners, Mrs. Jordan and Mr. Manning. Following approval of the concept, the golf committee has been able to work with the architect to design the clubhouse and facilities that will meet the golf community' s needs and also provide opportunities for a golf course operator. The renderings were reviewed and supported by both the Parks and Recreation Commission and the Planning Commission. He introduced Dave Powerton of the architectural firm designing the clubhouse and other facilities. Dave Powerton gave a brief presentation regarding the architecture. Ms. Michelotti asked about the berming. Mr. Powerton said there is a narrow cart path with a berm around it. Ms. Ayala asked if the roof would only be visible from the clubhouse. Mr. Powerton said on the approach to the clubhouse the site plan is designed so the eye goes to the main building. From another direction the landscaping will hide the walls and roof of the clubhouse. Ms. Dennis if there was any place for public art. Mr. Powerton said yes. Pleasanton City Council 24 07/07/98 Minutes