87-098 - 10-06 Adopt 1988 Brookview Golf Fund BudgetOctober 6, 1987
Resolution 87-98
Member Stockman introduced the following resolution and moved its adoption:
RESOLUTION OF THE CITY OF 9GN 88 BROOKVIEW,GOLFNEPIN FUND BOUDGET, MINNESOTA
ADOPTING THE1
WHEREAS, pursuant to the provisions of
estimates for
f saatheStatutes
annual701 budgei of
412.7115 the City Manager has prepared
the Brookview Golf Fund for the year 1988 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
the forCthe Brookviof den
ew
Valley, Hennepin County, Minnesota, that the appropriations
Golf Fund Programs for the calendar year 1988 be as follows:
BROOKVIEW GOLF FUND
Program PJo.
Descri tion Amount
$ 45,645
779 Revenue Bonds 274,170
780 Golf Operations 410,570
781 Course Maintenance 74,130
782 Pro Shop 81,670
783 Grill 61,985
784 Driving Range
$948,170
Total 1988 Budget
BE IT FURTHER RESOLVED bthe
theCit
sour�escil of the of financingtthefsumsdappropriated
Hennepin County, Minnesota, that
-,hall be:
Description
Amount
Fees and Lessons:
$478,780
Golf Course
50,000
Driving Range
129,830
Par 3
3,200
Handicap
41,250
Patron Cards
11,440
Golf Lessons
57,500
Pro Shop Sales
100,000
Pro Shop Rentals
111,000
Concession Sales
4,600
Other
<55,000>
Less: Sales Tax
15,570
Retained Earnings
$948,170
Total 1988 Budget
Resolution 87-98 - Continued
ATTEST:
October 6, 1987
AA
Mary E. Berson, Mayor
J Ial y, Deput City Clerk
The motion for the adoption of the foregoing resolution was seconded by Men, be
Thompson 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 Mayor and her signature attested by the Deputy
City Clerk.