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00-82 - 12-19 - Adopt 2001 Budget Brookview Golf Fund Resolution 00-82 December 19, 2000 Member Johnson introduced the following resolution and moved its adoption RESOLUTION ADOPTING THE 2001 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 2001 shall be as follows: PROGRAM NUMBER DESCRIPTION AMOUNT 7151 Golf Operations $764,225 7152 Course Maintenance 877,220 7153 Pro Shop 129,605 7154 Grill 183,535 7155 Driving Range 83,790 7156 Par 3 37,395 TOTAL 2001 BUDGET $2,075,770 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 $1,091,225 Driving Range 150,000 Par 3 247,775 Handicap 11,000 Patron Cards 61,240 Golf Lessons 34,500 Pro Shop Sales 78,700 Pro Shop Rentals 228,550 Concession Sales 220,000 Other 10,000 Interest Earnings 30,000 Less: Sales Tax & Credit Card Charges (138,500) Retained Earnings 51,280 TOTAL 2001 BUDGET $2 07 Resolution 00-82 - Continued December 19, 2000 Mary nderson, Mayor ATTEST: Shirley J. Ne6oH, City Clerk The motion for the adoption of the foregoing resolution was seconded by Member Micks and upon a vote being taken thereon, the following voted in favor thereof: Anderson, Bakken, Johnson, LeSuer, and Micks; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted, signed by the Mayor and her signature attested by the City Clerk.