86-068 - 10-07 Adopting the 1987 Brookview Golf Fund Budget Resolution 86-68 October 7, 1986
�ember Johnson introduced the following resolution and moved its adoption:
RESOLUTION OF THE CITY OF GOLDEN VALLEY, HENNEPIN COUPJTY, MINNESOTA
ADOPTING THE 19�7 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 Golfi Fund for the year 1987 and has presented such estimates to
the Council for their consideration; and
WNEREAS, the City Council has reviewed such estimates and �ade certain
revisions thereto;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Golden
Valley, Hennepin County, hlinnesota, that the appropriations for the Brookview
Golf Fund Programs for the calendar year 19II7 be as follows:
BROOKVIEW GOLF FUND
Program No. Description Amount
779 Revenue Bonds $ 47,022
780 Golf Operations 241,292
781 Course �laintenance 311,715
782 Pro Shop 60,996
783 Grill 80,445
784 Driving Range 45,575
Total 1987 Budget $ 787,045
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 $ 442,192
Driving Range 80,000
Par 3 122,000
Handicap 2,590
Patron Cards 33,725
Golf Lessons 8,540
Pro Shop Sales 45,000
Pro Shop Rentals 96,900
Concession Sales 110,500
Other 4,550
Less: Sales Tax <52,000>
Total 1987 Budget $ 893�997
Resolution 86-68 - Continued October 7, 1986
.�? /'
Mary E. An rson, P�ayor
ATTEST:
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J;ud Nal y, Deputy ity Clerk
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The motion for the adoption of the foregoing resolution was seconded by t�ember
Bakken and upon a vote being taken thereon, the following voted in favor
thereof: Anderson, Bakken, Johnson, Stockman and Thompson; and the following
voted against the same: none, whereupon said resolution was declared duly
passed and adopted, signed by the Playor and her signature attested by the Deputy
City Clerk.