85-086 - 10-01 Adopt 1986 Brookview Gold Fund BudgetResolution 85-86
October 1, 1985
Member Bakken introduced the following resolution and moved its adoption:
RESOLUTION OF THE CITY OF GOLDEN VALLEY, HENNEPIN COUNTY, MINNESOTA
ADOPTING THE 1986 BROOKVIEW GOLF FUND BUDGET
WHEREAS, pursuant to the provisions of Minnesota Statutes 412.701 and
412.711, the City Manager has prepared the estimates for the annual budget of
the Brookview Golf Fund for the year 1986 and has presented such estimates to
the Council for their consideration; and
WHEREAS, the City Council has reviewed such estimates and made certain
revisions thereto;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Golden
Valley, Hennepin County, Minnesota, that the appropriations for the Brookview
Golf Fund Programs for the calendar year 1986 be as follows:
BROOKVIEW GOLF FUND
Program No. Description Amount
779 Revenue Bonds $ 56,334
780 Golf Operations 202,028
781 Course Maintenance 258,506
782 Pro Shop 52,290
783 Grill 58,475
784 Driving Range 35,743
Total 1986 Budget $ 663,376
BE IT FURTHER RESOLVED by the City Council of the City of Golden Valley,
Hennepin County, Minnesota, that the sources of financing the sums appropriated
shall be:
Description Amount
Fees and Lessons:
Golf Course
$ 350,850
Driving Range
70,000
Par 3
87,250
Handicap
1,500
Patron Cards
15,030
Pro Shop Sales
50,000
Pro Shop Rentals
90,000
Concession Sales
80,000
Other
9,000
Less: Sales Tax
<40,300>
Total 1986 Budget $ 713,330
Resolution 85-86 - Continued
ATTEST:
October 1, 1985
k , P �/"' &' ,
Mary E. fderson, Mayor
The motion for the adoption of the foregoing resolution was seconded by Member
Stockman and upon a vote being taken thereon, the following voted in favor
thereof: Anderson, Bakken, Stockman and Thompson; and the following was
absent: Johnson; and the following voted against the same: none, whereupon
said resolution was declared duly passed and adopted, .signed by the Mayor and
her signature attested by the Deputy City Clerk.