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GOLF COURSE LEASE SUMMARY <br />1. Van Buren Golf Driving Range <br />Airport Department Property <br />15.16 Acres <br />Driving range and related uses including pro shop, snack bar, <br />batting cages. <br />Rent 3rd - 20th Year <br />$1,000/mo or 15% of gross range and 3% pro shop. <br />Term: 20 Years 1/1/88 - 12/31/2008 + 5 Yr. option <br />15 Yr + 5 Yr option remain <br />$300,000 required improvements. No regulation of fees charged. <br />