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Physical address of this buyer.
Contact phone number for this buyer.
Postal code for this buyer's location.
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Active opportunities open for bidding
Prospect Recreation And Park District
Prospect Recreation and Park District plans to make park and playground renovations to the Prospect Arena site. Phase 1 site improvements include a new playground, concrete walking path, gravel equipment path, fencing, synthetic turf, rubber safety surfacing, basketball hoop, restroom enclosure, and new landscape and irrigation.
Posted Date
Sep 18, 2025
Due Date
Oct 17, 2025
Release: Sep 18, 2025
Prospect Recreation And Park District
Close: Oct 17, 2025
Prospect Recreation and Park District plans to make park and playground renovations to the Prospect Arena site. Phase 1 site improvements include a new playground, concrete walking path, gravel equipment path, fencing, synthetic turf, rubber safety surfacing, basketball hoop, restroom enclosure, and new landscape and irrigation.
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Prospect Recreation And Park District
This document outlines a lease agreement for the Applewood Golf Course, initially between Coors Brewing Company and Touchstone Golf, LLC, starting January 1, 2008. The lease term has been significantly extended through several amendments, now expiring on December 31, 2026, with Prospect Recreation and Park District becoming the Lessor. The agreement details terms for minimum and percentage rent, capital improvements, and maintenance. Subsequent amendments introduced clauses for termination fees payable by the Lessor for early termination, updated to reflect actual project costs, and more recently, an agreement for ADA improvements to the clubhouse up to $100,000, with an estimated cost of $85,000, and temporary rent deferrals due to COVID-19.
Effective Date
Jan 1, 2008
Expires
Effective: Jan 1, 2008
Prospect Recreation And Park District
Expires:
This document outlines a lease agreement for the Applewood Golf Course, initially between Coors Brewing Company and Touchstone Golf, LLC, starting January 1, 2008. The lease term has been significantly extended through several amendments, now expiring on December 31, 2026, with Prospect Recreation and Park District becoming the Lessor. The agreement details terms for minimum and percentage rent, capital improvements, and maintenance. Subsequent amendments introduced clauses for termination fees payable by the Lessor for early termination, updated to reflect actual project costs, and more recently, an agreement for ADA improvements to the clubhouse up to $100,000, with an estimated cost of $85,000, and temporary rent deferrals due to COVID-19.
AvailableProspect Recreation And Park District
This Lease Agreement, executed on December 26, 2024, between Prospect Recreation & Park District (Lessor) and TOUCHSTONE GOLF, LLC (Lessee), grants the Lessee the right to operate the Applewood Golf Course from January 1, 2027, to December 31, 2041. The Lessee will pay an annual Minimum Rent of $260,000, subject to CPI-U adjustments, plus a Percentage Rent based on gross revenues. The agreement mandates significant capital investments, including an Irrigation System Renovation Project costing up to $2,188,150, towards which the Lessor will contribute up to $1,100,000. The lease details operational responsibilities, maintenance standards, insurance requirements, and environmental regulations for the golf course.
Effective Date
Jan 1, 2027
Expires
Effective: Jan 1, 2027
Prospect Recreation And Park District
Expires:
This Lease Agreement, executed on December 26, 2024, between Prospect Recreation & Park District (Lessor) and TOUCHSTONE GOLF, LLC (Lessee), grants the Lessee the right to operate the Applewood Golf Course from January 1, 2027, to December 31, 2041. The Lessee will pay an annual Minimum Rent of $260,000, subject to CPI-U adjustments, plus a Percentage Rent based on gross revenues. The agreement mandates significant capital investments, including an Irrigation System Renovation Project costing up to $2,188,150, towards which the Lessor will contribute up to $1,100,000. The lease details operational responsibilities, maintenance standards, insurance requirements, and environmental regulations for the golf course.
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Board meetings and strategic plans from Prospect Recreation And Park District
Key discussion topics for the regular board meeting included public comment regarding Maple Grove Park, the District Monthly Financial Report review, and updates on the AGC Irrigation Project. Significant focus was placed on the Prospect Arena Phase 1 and Phase 2, covering approval of pay application #3, fencing options, design and cost estimates for Phase 2, and a discussion concerning the renaming of the Prospect Arena. The board also scheduled an executive session to receive legal advice regarding the consolidation and/or dissolution of Title 32 Special Districts. Additional reports covered water rights, the AGC checklist, parks and facilities, and general legal updates.
The Prospect Recreation & Park District Master Plan outlines a 10-year vision for enhancing recreational opportunities and managing public lands. Its strategic pillars include enhancing organizational and operational efficiencies, utilizing services and amenities to reflect the District's unique identity, creating a connected community through safe and identifiable facilities, addressing needed improvements in facilities and amenities, and ensuring financial responsibility. The plan aims to provide residents with desired recreational opportunities, ensure well-maintained facilities, and foster a strong sense of community through improved parkland, trails, and services.
Extracted from official board minutes, strategic plans, and video transcripts.
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