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95-088 - 12-19 - Adopting the 1996 Budget of Brookview Golf Fund Resolution 95-88 December 19, 1995 Member introduced the following resolution and moved its adoption : RESOLUTION ADOPTING THE 1996 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 1996 shall be as follows: BROOKVIEW GOLF FUND Program Number Description Amount 0779 Debt/Lease Payments $ 81,195 0780 Golf Operations 570,125 0781 Course Maintenance 610,895 0782 Pro Shop 102,140 0783 Grill 145,095 0784 Driving Range 125,640 0785 Par 3 27.100 Total 1996 Budget $ 1,662,190 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 $ 839,475 Driving Range 117,700 Par 3 209,350 Handicap 7,360 Patron Cards 49,570 Golf Lessons 20,640 Pro Shop Sales 74,000 Pro Shop Rentals 175,550 Concession Sales 190,000 Other 30,000 Retained Earnings 52,545 Less: Sales Tax ( 100,000) Credit Card Charges ( 4.000� Total 1996 Budget $ 1,662,190 Resolution 95-88 Continued December 19, 1995 Blair Tremere, Mayor ATTEST: Shirley J. Nelson, City Clerk The motion for the adoption of the foregoing resolution was seconded by Member ; and upon a vote being taken thereon, the following voted in favor thereof: ; and the following voted against the same: whereupon said resolution was declared duly passed and adopted, signed by the Mayor and his signature attested by the City Clerk.