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96-105 - 12-16 Adopt 1997 Budget Brookview Golf FundResolution 96-105 December 16, 1996 Member introduced the following resolution and moved its adoption : RESOLUTION ADOPTING THE 1997 BUDGET OF THE BROOKVIEW GOLF FUND BE 1T 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 1997 shall be as follows: PROGRAM Golf Course NUMBER DESCRIPTION AMOUNT 0779 Debt/Lease Payments $48,100 0780 Golf Operations 658,900 0781 Course Maintenance 613,095 0782 Pro Shop 108,025 0783 Grill 151,505 0784 Driving Range 110,250 0785 Par 3 29,935 1 (3.5001 TOTAL 1997 BUDGET $1,719,810 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 $884,275 Driving Range 128,000 Par 3 209,690 Handicap 7,820 Patron Cards 48,035 Golf Lessons 32,775 Pro Shop Sales 79,300 Pro Shop Rentals 176,500 Concession Sales 190,000 Other 40,000 Retained Earnings 26,915 Less: Sales Tax (100,000) Credit Card Charges 1 (3.5001 TOTAL 1997 BUDGET $1,719,810 Ki Resolution 96-105 - Continued • ATTEST: Shirley J. Nelson, City Clerk December 16, 1996 Mary E. Anderson] Mayor 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 her signature attested by the City Clerk. •