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97-093 - 12-16 Adopting the 1998 Budget of the Brookview Golf Fund Resolution 97-93 December 16, 1997 Member Russell introduced the following resolution and moved its adoption : RESOLUTION ADOPTING THE 1998 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 1998 shall be as follows: PROGRAM NUMBER DESCRIPTION AMOUNT 0779 Debt/Lease Payments $ 0 0780 Golf Operations 650,015 0781 Course Maintenance 640,775 0782 Pro Shop 111,720 0783 Grill 156,160 0784 Driving Range 165,710 0785 Par 3 33.805 TOTAL 1998 BUDGET $1,758.185 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 $926,540 Driving Range 167,500 Par 3 222,075 Handicap 8,075 Patron Cards 48,945 Golf Lessons 34,200 Pro Shop Sales 72,300 Pro Shop Rentals 188,150 Concession Sales 200,000 Other 40,000 Less: Sales Tax (100,000) Credit Card Charges (5,000) TOTAL 1998 BUDGET $1.802.785 Resolution 97-93 - Continued December 16, 1997 � ary E. derson, Mayor ATTEST: Shirley J. N s , ity Clerk The motion for the adoption of the foregoing resolution was seconded by Member LeSuer and upon a vote being taken thereon, the following voted in favor thereof: Anderson, Johnson, LeSuer, and Russell; and the following voted against the same: Micks, whereupon said resolution was declared duly passed and adopted, signed by the Mayor and her signature attested by the City Clerk.