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93-101 - 12-20 Adopt 1994 Budget Brookview Golf FundResolution 93-101 December 20, 1993 Member Stockman introduced the following resolution and moved its adoption: RESOLUTION ADOPTING THE 1994 BUDGET OF THE BROOKVIEW GOLF FUND BE IT RESOLVED by the City Council of the City of Golden Valley, Minnesota, that the appropriations for the Brookview Golf Fund Programs for the calendar year 1994 shall be as follows: BROOKVIEW GOLF FUND Program Amount Number Description Amount 0779 Revenue Bonds $ 50,700 0780 Golf Operations 502,740 0781 Course Maintenance 602,455 0782 Pro Shop 90,260 0783 Grill 128,445 0784 Driving Range 51,525 0785 Par 3 26,050 Total 1994 Budget $1,452,175 BE IT FURTHER RESOLVED by the City Council that the sources of financing the sums appropriated shall be: Description Amount Fees and Lessons: Golf Course $ 768,300 Driving Range 110,000 Par 3 183,175 Handicap 6,400 Patron Cards 48,390 Golf Lessons 16,700 Pro Shop Sales 64,750 Pro Shop Rentals 141,400 Concession Sales 175,000 Other 50,000 Less: Sales Tax <90,000> Credit Card Charges <3,265> Total 1994 Budget $1,470,850 ATTEST: Shirley J. e on, City Clerk The motion for the adoption of the foregoing resolution was seconded by Member Thompson; and upon a vote being taken thereon, the following voted in favor thereof: Bakken, Johnson, Russell, 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 his signature attested by the City Clerk. Resolution 93-101 December 20, 1993 Member Stockman introduced the following resolution and moved its adoption: RESOLUTION ADOPTING THE 1994 BUDGET OF THE BROOKVIEW GOLF FUND BE IT RESOLVED by the City Council of the City of Golden Valley, Minnesota, that the appropriations for the Brookview Golf Fund Programs for the calendar year 1994 shall be as follows: Total 1994 Budget $1,427,175 BE IT FURTHER RESOLVED by the City Council that the sources of financing the sums appropriated shall be: Description Amount Fees and Lessons: Golf Course BROOKVIEW GOLF FUND Driving Range Program Par 3 183,175 Number Description Amount 0779 Revenue Bonds $ 50,700 0780 Golf Operations 477,740 0781 Course Maintenance 602,455 0782 Pro Shop 90,260 0783 Grill 128,445 0784 Driving Range 51,525 0785 Par 3 26,050 Total 1994 Budget $1,427,175 BE IT FURTHER RESOLVED by the City Council that the sources of financing the sums appropriated shall be: Description Amount Fees and Lessons: Golf Course $ 744,450 Driving Range 110,000 Par 3 183,175 Handicap 6,400 Patron Cards 48,390 Golf Lessons 16,700 Pro Shop Sales 64,750 Pro Shop Rentals 141,400 Concession Sales 175,000 Other 50,000 Less: Sales Tax <90,000> Credit Card Charges <3,265> Total 1994 Budget $1,447,000 ATTEST: S irley JNcAs6d, City Clerk The motion for the adoption of the foregoing resolution was seconded by Member Thompson; and upon a vote being taken thereon, the following voted in favor thereof: Bakken, Johnson, Russell, 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 his signature attested by the City Clerk.