088-086 - 10-04 Adopting the 1989 Brookview Golf Fund Budget Resolution �8-86 October 4, 1988
Plember Thompson introduced the following resolution and moved its adoption:
RESOLUTION OF THE CITY OF GOLDEN VALL�Y, HENNEPIN COUNTY, P�INNESOTA
ADOPTING THE 1989 BROOKVIEW GOLF FUND BUDGET
WHEREAS, pursuant to the provisions of Minnesota Statutes 412.701 and
412.711, the City P�anager has prepared the estimates for the annual budget of
the Brookview Golf Fund for the year 1989 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, h1innesota, that the appropriations for the Brookview
Golf Fund Programs for the calendar year 1989 be as follows:
SROOKVIEW GOLF FUND
Program No. Description Amount
779 Revenue Bonds $ 44,245
780 Golf Operations 304,370
781 Course hlaintenance 519,015
782 Pro Shop 75,565
783 Grill 95,745
784 Driving Range 39,245
Total 1989 Budget $1 ,078,185
-..�--
BE IT FURTHER RESOLVED by the City Council of the City of Golden Valley,
Hennepin County, P-iinnesota, that the sources of financing the sums appropriated
shall be:
Description Amount
Fees and Lessons:
Golf Course $532,100
Driving Range 65,000
Par 3 137,760
Handicap 4,000
Patron Cards 48,450
Golf Lessons 9,320
Pro Shop Sales 57,500
Pro Shop Rentals 110,745
Concession Sales 126,000
Other 12,600
Less: Sales Tax <60,000>
f�etained Earnings 34,710
Total 1989 Budget $1,078,185
Resolution 88-86 - Continued October 4, 1988
�.�.� � C��?�'��.�'�
M ry E. derson, Mayor
ATTEST:
�
J y �al , Deputy ity C1erk
T e motion for the adoption of the foregoing resolution was seconded by P7ember
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 decla red duly
passed and adopted, signed by the �layor and her signature attested by the Deputy
City Clerk.